We are live on
!
Find out more
National Bank of Canada Portfolio holdings
AUM
$140B
1-Year Est. Return
46.34%
This Fund
S&P 500
This Quarter
Est. Return
+10.79%
1 Year Est. Return
+46.34%
3 Year Est. Return
+120.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$100B
AUM Growth
-$4.77B
(-4.5%)
Cap. Flow
-$14B
Cap. Flow
% of AUM
-13.98%
Top 10 Holdings %
Top 10 Hldgs %
28.48%
Holding
3,287
New
313
Increased
899
Reduced
1,215
Closed
454
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Strategy Inc
MSTR
|
+$548M |
| 2 |
FISV
Fiserv Inc
FISV
|
+$286M |
| 3 |
Amgen
AMGN
|
+$251M |
| 4 |
Palantir
PLTR
|
+$229M |
| 5 |
Royal Bank of Canada
RY
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.11B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.09B |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$702M |
| 4 |
Tesla
TSLA
|
+$636M |
| 5 |
Microsoft
MSFT
|
+$480M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.61% |
| 2 | Financials | 18.19% |
| 3 | Consumer Discretionary | 7.6% |
| 4 | Communication Services | 7.34% |
| 5 | Industrials | 6.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
PUT
Li Auto
LI
$12B
| $2.33M | ﹤0.01% |
+918
| New | +$23.8K |
|
|
OZEM
1052
Roundhill GLP-1 & Weight Loss ETF
OZEM
$64.6M
| $2.29M | ﹤0.01% |
84,152
+4,808
| +6% | +$124K |
|
|
ARIS
1053
Aris Mining
ARIS
$3.59B
| $2.27M | ﹤0.01% |
234,531
-139,192
| -37% | -$1.11M |
|
1054
Reinsurance Group of America
RGA
$16.4B
| $2.27M | ﹤0.01% |
11,799
-20,539
| -64% | -$3.93M |
|
1055
iShares Global Tech ETF
IXN
$9.47B
| $2.26M | ﹤0.01% |
21,838
+235
| +1% | +$22.7K |
|
1056
News Corp Class B
NWS
$17.8B
| $2.25M | ﹤0.01% |
65,015
-1,088
| -2% | -$36.7K |
|
1057
Patria Investments
PAX
$1.88B
| $2.21M | ﹤0.01% |
151,634
+631
| +0.4% | +$8.81K |
|
1058
CALL
Brookfield Asset Management
BAM
$89.2B
| $2.2M | ﹤0.01% |
387
+7
| +2% | +$416 |
|
1059
Pool Corp
POOL
$7.29B
| $2.18M | ﹤0.01% |
7,032
-19,112
| -73% | -$5.99M |
|
|
SERV
1060
Serve Robotics
SERV
$428M
| $2.18M | ﹤0.01% |
187,409
+182,012
| +3,372% | +$2M |
|
|
STRK
1061
Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock
STRK
$489M
| $2.16M | ﹤0.01% |
23,759
+16,352
| +221% | +$1.7M |
|
|
SERV
1062
PUT
Serve Robotics
SERV
$428M
| $2.16M | ﹤0.01% |
1,854
+1,819
| +5,197% | +$19.9K |
|
1063
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $2.12M | ﹤0.01% |
21,912
-151,021
| -87% | -$14.4M |
|
1064
Service Corp International
SCI
$11.3B
| $2.11M | ﹤0.01% |
25,414
-7,773
| -23% | -$620K |
|
1065
iShares US Financial Services ETF
IYG
$2.24B
| $2.1M | ﹤0.01% |
23,470
-1,457
| -6% | -$128K |
|
1066
iShares MSCI Canada ETF
EWC
$6.55B
| $2.09M | ﹤0.01% |
41,282
+9,452
| +30% | +$453K |
|
|
CGAU
1067
PUT
Centerra Gold
CGAU
$4.15B
| $2.08M | ﹤0.01% |
1,940
+1,741
| +875% | +$13.9K |
|
1068
Invesco Solar ETF
TAN
$1.38B
| $2.07M | ﹤0.01% |
47,465
+35,392
| +293% | +$1.41M |
|
|
CRWV
1069
CoreWeave
CRWV
$58.6B
| $2.07M | ﹤0.01% |
15,134
+12,679
| +516% | +$1.5M |
|
1070
Allison Transmission
ALSN
$10.2B
| $2.07M | ﹤0.01% |
24,362
+177
| +0.7% | +$15.8K |
|
1071
iShares Expanded Tech-Software Sector ETF
IGV
$15.2B
| $2.06M | ﹤0.01% |
17,926
-76
| -0.4% | -$8.41K |
|
1072
CALL
iShares Bitcoin Trust
IBIT
$47.2B
| $2.06M | ﹤0.01% |
317
+267
| +534% | +$17.4K |
|
1073
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $2.06M | ﹤0.01% |
68,014
| – | – |
|
1074
LKQ Corp
LKQ
$6.38B
| $2.04M | ﹤0.01% |
66,935
-87,057
| -57% | -$2.86M |
|
1075
Progyny
PGNY
$1.99B
| $2.02M | ﹤0.01% |
93,924
+93,005
| +10,120% | +$2.11M |
|
Similar funds
National Bank of Canada's Q3 2025 Portfolio in Review
As of Q3 2025, National Bank of Canada held 3,287 positions worth $100B, down 4.5% from $105B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
National Bank of Canada withdrew a net $14B in Q3 2025, closing 454 positions and reducing 1,215 holdings. Its most notable exit was Schwab US Broad Market ETF, an estimated $96.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 24% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, National Bank of Canada opened a new position in iShares MSCI Japan ETF worth $50.2M.
- National Bank of Canada's largest Q3 2025 buy was iShares MSCI Japan ETF: 625,300 shares worth $50.2M.
- National Bank of Canada added most to Strategy Inc in Q3 2025, an estimated $548M increase.
- National Bank of Canada's biggest Q3 2025 reduction was NVIDIA, cutting an estimated $1.11B.
- National Bank of Canada fully exited Schwab US Broad Market ETF in Q3 2025, selling an estimated $96.5M.
- National Bank of Canada's ten largest holdings make up 28% of its $100B portfolio in Q3 2025.
- National Bank of Canada opened 313 new positions and closed 454 in Q3 2025.
- National Bank of Canada's portfolio value fell 4.5% quarter-over-quarter to $100B.
Based on National Bank of Canada's 13F filing for Q3 2025, filed 14 Nov 2025.