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National Bank of Canada

National Bank of Canada Portfolio holdings

AUM $140B
1-Year Est. Return 46.34%
This Fund
S&P 500
This Quarter Est. Return
+5.14%
1 Year Est. Return
+46.34%
3 Year Est. Return
+120.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$110B
AUM Growth
+$9.55B
Cap. Flow
+$3.43B
Cap. Flow %
3.12%
Top 10 Hldgs %
29.27%
Holding
3,206
New
380
Increased
1,219
Reduced
855
Closed
337

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$990M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$877M
3
TSLA icon
Tesla
TSLA
+$841M
4
MSFT icon
Microsoft
MSFT
+$835M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$601M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$799M
2
TD icon
Toronto Dominion Bank
TD
+$363M
3
BN icon
Brookfield
BN
+$315M
4
CRM icon
Salesforce
CRM
+$305M
5
RY icon
Royal Bank of Canada
RY
+$289M

Sector Composition

Rank Sector Weight
1 Technology 25.83%
2 Financials 15.94%
3 Communication Services 9.95%
4 Consumer Discretionary 8.14%
5 Industrials 6.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TWLO icon
1476
Twilio
TWLO
$36.5B
$311K ﹤0.01%
2,192
+1,205
+122% +$149K
OI icon
1477
O-I Glass
OI
$1.05B
$311K ﹤0.01%
21,068
+12,912
+158% +$171K
ESPO icon
1478
VanEck Video Gaming and eSports ETF
ESPO
$260M
$311K ﹤0.01%
3,000
+702
+31% +$78.3K
OZK icon
1479
Bank OZK
OZK
$5.73B
$311K ﹤0.01%
6,753
+5,094
+307% +$238K
LEU icon
1480
Centrus Energy
LEU
$3.9B
$310K ﹤0.01%
1,277
+693
+119% +$209K
ASTLW icon
1481
Algoma Steel Group Warrant
ASTLW
$222K
$309K ﹤0.01%
75,018
+63,278
+539% +$10.5K
IDEV icon
1482
iShares Core MSCI International Developed Markets ETF
IDEV
$32.7B
$307K ﹤0.01%
3,720
+2,847
+326% +$231K
NNOX icon
1483
Nano X Imaging
NNOX
$73.5M
$304K ﹤0.01%
108,730
+53,800
+98% +$193K
NNOX icon
1484
PUT
Nano X Imaging
NNOX
$73.5M
$304K ﹤0.01%
1,087
+538
+98% +$1.93K
JHMM icon
1485
John Hancock Multifactor Mid Cap ETF
JHMM
$6.19B
$302K ﹤0.01%
4,611
-200
-4% -$13K
CASY icon
1486
Casey's General Stores
CASY
$31.7B
$301K ﹤0.01%
546
+300
+122% +$165K
STLA icon
1487
Stellantis
STLA
$20.1B
$300K ﹤0.01%
27,369
-5,580
-17% -$60K
PYLD icon
1488
PIMCO Multi Sector Bond Active ETF
PYLD
$15.2B
$300K ﹤0.01%
11,228
+700
+7% +$18.8K
BME icon
1489
BlackRock Health Sciences Trust
BME
$570M
$299K ﹤0.01%
+7,275
New +$287K
NVTS icon
1490
Navitas Semiconductor
NVTS
$3.68B
$298K ﹤0.01%
41,908
+8,072
+24% +$77.7K
SCHI icon
1491
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
$297K ﹤0.01%
12,915
– –
MP icon
1492
MP Materials
MP
$10.7B
$296K ﹤0.01%
5,873
-2,980
-34% -$189K
ERTH icon
1493
Invesco MSCI Sustainable Future ETF
ERTH
$138M
$294K ﹤0.01%
6,251
+3,921
+168% +$186K
JPIB icon
1494
JPMorgan International Bond Opportunities ETF
JPIB
$2.13B
$292K ﹤0.01%
5,988
– –
BBUC
1495
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.13B
$291K ﹤0.01%
7,943
+2,926
+58% +$102K
JD icon
1496
JD.com
JD
$39.1B
$290K ﹤0.01%
10,126
-9,918
-49% -$310K
QYLD icon
1497
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.29B
$290K ﹤0.01%
16,404
-137,683
-89% -$2.4M
PDP icon
1498
Invesco Dorsey Wright Momentum ETF
PDP
$1.54B
$289K ﹤0.01%
2,485
– –
FER icon
1499
Ferrovial N.V. Ordinary Shares
FER
$46.4B
$287K ﹤0.01%
4,474
-1,251
-22% -$79.2K
VDE icon
1500
Vanguard Energy ETF
VDE
$10.6B
$285K ﹤0.01%
2,264
+99
+5% +$12.4K
58 59
60
61 62

Similar funds

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VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
Primecap Management
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Canada Pension Plan Investment Board
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California Public Employees Retirement System
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D.E. Shaw & Co
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DZ Bank
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SEI Investments
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Allianz Asset Management
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National Bank of Canada's Q4 2025 Portfolio in Review

As of Q4 2025, National Bank of Canada held 3,206 positions worth $110B, up 9.5% from $100B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

National Bank of Canada deployed $3.43B of net new capital in Q4 2025, opening 380 new positions and adding to 1,219 existing holdings. Its largest new stake was Roivant Sciences: 2,040,000 shares worth $44.3M.

By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 27% a quarter earlier, followed by Financials and Communication Services.

On the sell side, the largest reduction was Apple, an estimated $799M trimmed.

  • National Bank of Canada's largest Q4 2025 buy was Roivant Sciences: 2,040,000 shares worth $44.3M.
  • National Bank of Canada added most to Meta Platforms (Facebook) in Q4 2025, an estimated $990M increase.
  • National Bank of Canada's biggest Q4 2025 reduction was Apple, cutting an estimated $799M.
  • National Bank of Canada fully exited Spirit AeroSystems in Q4 2025, selling an estimated $124M.
  • National Bank of Canada's ten largest holdings make up 29% of its $110B portfolio in Q4 2025.
  • National Bank of Canada opened 380 new positions and closed 337 in Q4 2025.
  • National Bank of Canada's portfolio value rose 9.5% quarter-over-quarter to $110B.

Based on National Bank of Canada's 13F filing for Q4 2025, filed 17 Feb 2026.