We are live on ! Find out more
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
+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
Cap. Flow
-$14B
Cap. Flow %
-13.98%
Top 10 Hldgs %
28.48%
Holding
3,287
New
313
Increased
899
Reduced
1,215
Closed
454

Top Buys

Rank Stock Value
1
MSTR icon
Strategy Inc
MSTR
+$548M
2
FISV
Fiserv Inc
FISV
+$286M
3
AMGN icon
Amgen
AMGN
+$251M
4
PLTR icon
Palantir
PLTR
+$229M
5
RY icon
Royal Bank of Canada
RY
+$200M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$1.11B
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$1.09B
3
IEFA icon
iShares Core MSCI EAFE ETF
IEFA
+$702M
4
TSLA icon
Tesla
TSLA
+$636M
5
MSFT icon
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
IJS icon
1526
iShares S&P Small-Cap 600 Value ETF
IJS
$8.45B
$222K ﹤0.01%
2,005
+1,716
+594% +$182K
MLCI
1527
Mount Logan Capital Inc
MLCI
$34.1M
$222K ﹤0.01%
+28,588
New +$226K
MGK icon
1528
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
$220K ﹤0.01%
2,740
– –
HEI.A icon
1529
HEICO Corp Class A
HEI.A
$38B
$220K ﹤0.01%
867
-12,018
-93% -$3M
QGEN icon
1530
Qiagen
QGEN
$8.89B
$220K ﹤0.01%
4,977
– –
FIDI icon
1531
Fidelity International High Dividend ETF
FIDI
$365M
$220K ﹤0.01%
9,000
– –
AOA icon
1532
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.29B
$219K ﹤0.01%
2,495
+91
+4% +$7.75K
UHAL.B icon
1533
U-Haul Holding Co Series N
UHAL.B
$12.7B
$219K ﹤0.01%
4,307
-14,839
-78% -$790K
AVIG icon
1534
Avantis Core Fixed Income ETF
AVIG
$1.96B
$219K ﹤0.01%
5,204
– –
OXLC
1535
Oxford Lane Capital
OXLC
$945M
$218K ﹤0.01%
12,909
-976
-7% -$17.8K
FFSM icon
1536
Fidelity Fundamental Small-Mid Cap ETF
FFSM
$1.59B
$218K ﹤0.01%
7,450
– –
INTF icon
1537
iShares International Equity Factor ETF
INTF
$3.77B
$218K ﹤0.01%
6,063
+99
+2% +$3.47K
NFGC
1538
New Found Gold
NFGC
$653M
$218K ﹤0.01%
91,791
+14,566
+19% +$25.6K
FLIN icon
1539
Franklin FTSE India ETF
FLIN
$2.66B
$217K ﹤0.01%
5,827
+268
+5% +$10.3K
HYLS icon
1540
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.64B
$217K ﹤0.01%
+5,167
New +$217K
FRDM icon
1541
Freedom 100 Emerging Markets ETF
FRDM
$3.42B
$217K ﹤0.01%
4,892
-100
-2% -$4.2K
KN icon
1542
Knowles
KN
$3.29B
$217K ﹤0.01%
9,290
-63,792
-87% -$1.31M
DMC
1543
Del Monte Corp
DMC
$1.44B
$216K ﹤0.01%
6,221
+2,223
+56% +$78.7K
GIB icon
1544
PUT
CGI
GIB
$15.3B
$214K ﹤0.01%
24
+4
+20% +$387
JETS icon
1545
US Global Jets ETF
JETS
$825M
$213K ﹤0.01%
8,648
-956
-10% -$24K
LEVI icon
1546
Levi Strauss
LEVI
$8.56B
$212K ﹤0.01%
9,116
+56
+0.6% +$1.19K
NVT icon
1547
nVent Electric
NVT
$27.9B
$211K ﹤0.01%
2,144
-131
-6% -$11.4K
SGDM icon
1548
Sprott Gold Miners ETF
SGDM
$666M
$211K ﹤0.01%
3,423
-1,061
-24% -$53.9K
BUD icon
1549
AB InBev
BUD
$156B
$211K ﹤0.01%
3,535
+251
+8% +$15.8K
AIQ icon
1550
Global X Artificial Intelligence & Technology ETF
AIQ
$10.4B
$211K ﹤0.01%
4,273
+1,579
+59% +$71.8K
60 61
62
63 64

Similar funds

VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
Primecap Management
Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return
California Public Employees Retirement System
California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return
D.E. Shaw & Co
D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return
DZ Bank
DZ Bank Frankfurt Am Main, Germany $113B AUM 36.92% 1-Year Est. Return
Allianz Asset Management
Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS) West Sacramento, California $94.5B AUM 29.33% 1-Year Est. Return

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.