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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
CAVA icon
1676
CAVA Group
CAVA
$8.72B
$145K ﹤0.01%
2,470
+1,753
+244% +$97.8K
WHR icon
1677
Whirlpool
WHR
$2.7B
$144K ﹤0.01%
1,993
-1,704
-46% -$126K
BBN icon
1678
BlackRock Taxable Municipal Bond Trust
BBN
$979M
$143K ﹤0.01%
8,747
– –
MBCN
1679
DELISTED
Middlefield Banc Corp
MBCN
$142K ﹤0.01%
4,166
– –
EMQQ icon
1680
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$269M
$141K ﹤0.01%
3,500
– –
XPH icon
1681
State Street SPDR S&P Pharmaceuticals ETF
XPH
$515M
$140K ﹤0.01%
2,505
+50
+2% +$2.59K
CRML icon
1682
PUT
Critical Metals Corp
CRML
$975M
$140K ﹤0.01%
+202
New +$2.2K
RITM icon
1683
Rithm Capital
RITM
$5.79B
$140K ﹤0.01%
12,845
+264
+2% +$2.92K
ACI icon
1684
Albertsons Companies
ACI
$6.06B
$139K ﹤0.01%
8,109
-2,234
-22% -$39.8K
PEJ icon
1685
Invesco Leisure and Entertainment ETF
PEJ
$315M
$139K ﹤0.01%
2,268
– –
VIS icon
1686
Vanguard Industrials ETF
VIS
$8.54B
$139K ﹤0.01%
465
-3
-0.6% -$891
BSL
1687
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$171M
$138K ﹤0.01%
10,250
+10,000
+4,000% +$138K
SNPE icon
1688
Xtrackers S&P 500 ESG ETF
SNPE
$2.79B
$137K ﹤0.01%
2,200
-101,000
-98% -$6.2M
DAR icon
1689
Darling Ingredients
DAR
$10.5B
$137K ﹤0.01%
3,804
-3,551
-48% -$120K
RXI icon
1690
iShares Global Consumer Discretionary ETF
RXI
$274M
$137K ﹤0.01%
668
+88
+15% +$18.1K
IYC icon
1691
iShares US Consumer Discretionary ETF
IYC
$1.22B
$136K ﹤0.01%
1,324
+32
+2% +$3.29K
AFG icon
1692
American Financial Group
AFG
$12.1B
$136K ﹤0.01%
997
+209
+27% +$28.7K
QQQE icon
1693
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.44B
$136K ﹤0.01%
1,329
– –
EQL icon
1694
ALPS Equal Sector Weight ETF
EQL
$769M
$135K ﹤0.01%
2,904
+1,217
+72% +$56.1K
MIDD icon
1695
Middleby
MIDD
$5.31B
$134K ﹤0.01%
904
-180
-17% -$23.6K
PFM icon
1696
Invesco Dividend Achievers ETF
PFM
$811M
$133K ﹤0.01%
+2,591
New +$133K
BANF icon
1697
BancFirst
BANF
$3.88B
$133K ﹤0.01%
1,255
-140
-10% -$15.8K
CWB icon
1698
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.75B
$132K ﹤0.01%
1,485
-7,795
-84% -$709K
SSRM icon
1699
PUT
SSR Mining
SSRM
$6.56B
$132K ﹤0.01%
60
-14
-19% -$312
ADAM
1700
Adamas Trust
ADAM
$903M
$131K ﹤0.01%
17,912
+117
+0.7% +$831
66 67
68
69 70

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
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
HSBC Holdings
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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.