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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
+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
NPK icon
1726
National Presto Industries
NPK
$1.01B
$112K ﹤0.01%
1,003
-4
-0.4% -$425
OBDC icon
1727
Blue Owl Capital
OBDC
$5.81B
$111K ﹤0.01%
8,724
-3,974
-31% -$56.6K
GRID
1728
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
$12.2B
$111K ﹤0.01%
734
+25
+4% +$3.6K
ERTH icon
1729
Invesco MSCI Sustainable Future ETF
ERTH
$138M
$111K ﹤0.01%
2,330
-445
-16% -$20K
SMOG icon
1730
VanEck Low Carbon Energy ETF
SMOG
$135M
$110K ﹤0.01%
871
– –
PFGC icon
1731
Performance Food Group
PFGC
$16.7B
$109K ﹤0.01%
1,050
+64
+6% +$6.41K
JOBY icon
1732
Joby Aviation
JOBY
$7.82B
$108K ﹤0.01%
6,708
+2,202
+49% +$33.4K
RIGL icon
1733
Rigel Pharmaceuticals
RIGL
$789M
$108K ﹤0.01%
+3,818
New +$114K
BURL icon
1734
Burlington
BURL
$22B
$108K ﹤0.01%
424
+26
+7% +$7.06K
WSO icon
1735
Watsco Inc
WSO
$12.8B
$107K ﹤0.01%
264
+21
+9% +$8.98K
MSGS icon
1736
Madison Square Garden
MSGS
$9.87B
$107K ﹤0.01%
470
-13,907
-97% -$2.85M
OI icon
1737
O-I Glass
OI
$1.03B
$106K ﹤0.01%
8,156
-6
-0.1% -$82
TCHP icon
1738
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.21B
$106K ﹤0.01%
2,185
+30
+1% +$1.41K
DFSD
1739
Dimensional Short-Duration Fixed Income ETF
DFSD
$7.17B
$105K ﹤0.01%
2,182
+1,326
+155% +$63.8K
CGXU icon
1740
Capital Group International Focus Equity ETF
CGXU
$6.62B
$104K ﹤0.01%
3,505
-11
-0.3% -$307
HEI icon
1741
HEICO Corp
HEI
$52.2B
$104K ﹤0.01%
321
-37
-10% -$11.8K
ARTY
1742
iShares Future AI & Tech ETF
ARTY
$4.04B
$103K ﹤0.01%
2,244
+2,000
+820% +$85.9K
MMS icon
1743
Maximus
MMS
$2.9B
$102K ﹤0.01%
1,118
+313
+39% +$25.4K
CIVI
1744
DELISTED
Civitas Resources
CIVI
$102K ﹤0.01%
3,138
-280
-8% -$8.96K
OPRA
1745
Opera Ltd
OPRA
$1.81B
$102K ﹤0.01%
4,940
-5,301
-52% -$94.7K
XPEV icon
1746
XPeng
XPEV
$11.2B
$102K ﹤0.01%
4,337
-796
-16% -$16K
FFEB icon
1747
FT Vest US Equity Buffer ETF February
FFEB
$1.42B
$101K ﹤0.01%
+1,835
New +$98.6K
TLRY icon
1748
Tilray
TLRY
$624M
$101K ﹤0.01%
4,345
+3,345
+335% +$32K
AVNT icon
1749
Avient
AVNT
$4.24B
$101K ﹤0.01%
3,070
+1,131
+58% +$39.3K
REIT icon
1750
ALPS Active REIT ETF
REIT
$57.7M
$101K ﹤0.01%
3,754
– –
68 69
70
71 72

Similar funds

VanEck Associates
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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
HSBC Holdings London, United Kingdom $192B AUM 27.2% 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.