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
+14.61%
1 Year Est. Return
+46.34%
3 Year Est. Return
+120.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$105B
AUM Growth
+$9.72B
(+10%)
Cap. Flow
-$6.15B
Cap. Flow
% of AUM
-5.84%
Top 10 Holdings %
Top 10 Hldgs %
26.91%
Holding
3,275
New
443
Increased
1,132
Reduced
929
Closed
300
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$699M |
| 2 |
UnitedHealth
UNH
|
+$618M |
| 3 |
Amazon
AMZN
|
+$433M |
| 4 |
Eli Lilly
LLY
|
+$410M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$392M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$845M |
| 2 |
Tesla
TSLA
|
+$639M |
| 3 |
Microsoft
MSFT
|
+$528M |
| 4 |
Broadcom
AVGO
|
+$322M |
| 5 |
TSMC
TSM
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.82% |
| 2 | Financials | 17.46% |
| 3 | Consumer Discretionary | 8.35% |
| 4 | Communication Services | 7.63% |
| 5 | Industrials | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
iShares US Financials ETF
IYF
$4.44B
| $908K | ﹤0.01% |
7,512
+59
| +0.8% | +$6.65K |
|
|
FBCV
1302
Fidelity Blue Chip Value ETF
FBCV
$184M
| $908K | ﹤0.01% |
27,666
| – | – |
|
1303
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$12B
| $904K | ﹤0.01% |
17,970
-750,816
| -98% | -$37.1M |
|
1304
ARK Innovation ETF
ARKK
$6.54B
| $895K | ﹤0.01% |
12,745
-28,834
| -69% | -$1.59M |
|
|
STRK
1305
Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock
STRK
$489M
| $893K | ﹤0.01% |
+7,407
| New | +$708K |
|
1306
iShares Investment Grade Systematic Bond ETF
IGEB
$1.51B
| $888K | ﹤0.01% |
19,547
+4,393
| +29% | +$196K |
|
1307
CALL
TransAlta
TAC
$3.99B
| $878K | ﹤0.01% |
814
+401
| +97% | +$3.82K |
|
1308
Invesco Water Resources ETF
PHO
$2.06B
| $877K | ﹤0.01% |
12,553
-235
| -2% | -$15.6K |
|
1309
PUT
Newmont
NEM
$120B
| $877K | ﹤0.01% |
205
-173
| -46% | -$9.23K |
|
|
FYBR
1310
DELISTED
Frontier Communications
FYBR
| $867K | ﹤0.01% |
32,965
-24,832
| -43% | -$901K |
|
1311
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.33B
| $863K | ﹤0.01% |
+8,871
| New | +$842K |
|
|
MODV
1312
DELISTED
ModivCare
MODV
| $855K | ﹤0.01% |
273,901
+273,900
| +27,390,000% | +$504K |
|
1313
iShares MSCI Mexico ETF
EWW
$1.87B
| $852K | ﹤0.01% |
14,061
-554
| -4% | -$31.9K |
|
1314
CALL
Magna International
MGA
$18.7B
| $842K | ﹤0.01% |
218
-2,106
| -91% | -$74.4K |
|
1315
Energy Transfer Partners
ET
$71.5B
| $835K | ﹤0.01% |
46,075
-4,560
| -9% | -$79.6K |
|
1316
Beyond Meat
BYND
$210M
| $831K | ﹤0.01% |
238,107
-171,461
| -42% | -$497K |
|
1317
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $813K | ﹤0.01% |
2,859
-322
| -10% | -$83K |
|
1318
CALL
First Majestic Silver
AG
$9.26B
| $809K | ﹤0.01% |
978
+150
| +18% | +$1.01K |
|
1319
monday.com
MNDY
$3.99B
| $808K | ﹤0.01% |
2,574
+1,014
| +65% | +$282K |
|
1320
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $808K | ﹤0.01% |
13,636
+2,615
| +24% | +$149K |
|
1321
Invesco DB Agriculture Fund
DBA
$1.23B
| $808K | ﹤0.01% |
30,905
-250
| -0.8% | -$6.7K |
|
1322
Ferguson
FERG
$48B
| $807K | ﹤0.01% |
3,705
-21,422
| -85% | -$3.94M |
|
1323
TeraWulf
WULF
$8.14B
| $806K | ﹤0.01% |
+184,100
| New | +$629K |
|
|
1324
PUT
TeraWulf
WULF
$8.14B
| $806K | ﹤0.01% |
+1,841
| New | +$6.29K |
|
1325
Illumina
ILMN
$29.1B
| $805K | ﹤0.01% |
8,433
+4,949
| +142% | +$402K |
|
Similar funds
National Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, National Bank of Canada held 3,275 positions worth $105B, up 10% from $95.5B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
National Bank of Canada withdrew a net $6.15B in Q2 2025, closing 300 positions and reducing 929 holdings. Its most notable exit was Discover Financial Services, an estimated $98.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, National Bank of Canada opened a new position in Emera Inc worth $183M.
- National Bank of Canada's largest Q2 2025 buy was Emera Inc: 3,995,659 shares worth $183M.
- National Bank of Canada added most to Apple in Q2 2025, an estimated $699M increase.
- National Bank of Canada's biggest Q2 2025 reduction was NVIDIA, cutting an estimated $845M.
- National Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $98.5M.
- National Bank of Canada's ten largest holdings make up 27% of its $105B portfolio in Q2 2025.
- National Bank of Canada opened 443 new positions and closed 300 in Q2 2025.
- National Bank of Canada's portfolio value rose 10% quarter-over-quarter to $105B.
Based on National Bank of Canada's 13F filing for Q2 2025, filed 13 Aug 2025.