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
+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
(-4.5%)
Cap. Flow
-$14B
Cap. Flow
% of AUM
-13.98%
Top 10 Holdings %
Top 10 Hldgs %
28.48%
Holding
3,287
New
313
Increased
899
Reduced
1,215
Closed
454
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Strategy Inc
MSTR
|
+$548M |
| 2 |
FISV
Fiserv Inc
FISV
|
+$286M |
| 3 |
Amgen
AMGN
|
+$251M |
| 4 |
Palantir
PLTR
|
+$229M |
| 5 |
Royal Bank of Canada
RY
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.11B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.09B |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$702M |
| 4 |
Tesla
TSLA
|
+$636M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
1776
Invesco S&P 500 GARP ETF
SPGP
$2.33B
| $94.3K | ﹤0.01% |
830
+300
| +57% | +$33.2K |
|
1777
Fortress Biotech
FBIO
$94.7M
| $94.2K | ﹤0.01% |
25,500
+14,900
| +141% | +$37.7K |
|
|
1778
PUT
Fortress Biotech
FBIO
$94.7M
| $94.2K | ﹤0.01% |
255
+148
| +138% | +$374 |
|
1779
Vanguard Russell 2000 Value ETF
VTWV
$1.38B
| $94.1K | ﹤0.01% |
605
| – | – |
|
1780
Jazz Pharmaceuticals
JAZZ
$15.9B
| $94K | ﹤0.01% |
715
+286
| +67% | +$34.3K |
|
|
ADUR
1781
Aduro Clean Technologies
ADUR
$582M
| $92.7K | ﹤0.01% |
6,978
-97
| -1% | -$1.12K |
|
1782
Gladstone Capital
GLAD
$448M
| $91.8K | ﹤0.01% |
4,200
| – | – |
|
1783
First Trust Health Care AlphaDEX Fund
FXH
$1.11B
| $91.7K | ﹤0.01% |
839
| – | – |
|
1784
First Trust Long/Short Equity ETF
FTLS
$2.51B
| $91.1K | ﹤0.01% |
1,305
| – | – |
|
1785
America Movil
AMX
$70.4B
| $90.5K | ﹤0.01% |
4,301
+1,786
| +71% | +$34K |
|
1786
iShares MSCI Israel ETF
EIS
$910M
| $89.9K | ﹤0.01% |
898
| – | – |
|
1787
PUT
Rocket Companies
RKT
$42.1B
| $89.1K | ﹤0.01% |
46
-750
| -94% | -$13.1K |
|
1788
FT Vest US Equity Buffer ETF May
FMAY
$1.46B
| $88.8K | ﹤0.01% |
1,700
| – | – |
|
1789
Invesco S&P 500 High Beta ETF
SPHB
$955M
| $88.5K | ﹤0.01% |
806
-1,545
| -66% | -$161K |
|
|
NATO
1790
Themes Transatlantic Defense ETF
NATO
$108M
| $88.3K | ﹤0.01% |
2,265
| – | – |
|
|
FURY
1791
Fury Gold Mines
FURY
$118M
| $88.2K | ﹤0.01% |
137,982
-630
| -0.5% | -$356 |
|
|
GOLD
1792
Gold.com Inc
GOLD
$1.28B
| $87.7K | ﹤0.01% |
+3,393
| New | +$80.3K |
|
1793
Zillow
Z
$7.86B
| $87.7K | ﹤0.01% |
1,138
+69
| +6% | +$5.64K |
|
1794
Neuronetics
STIM
$221M
| $87K | ﹤0.01% |
31,880
+6,880
| +28% | +$24.4K |
|
1795
Samsara
IOT
$23.4B
| $86.9K | ﹤0.01% |
2,289
-839
| -27% | -$31.2K |
|
|
LAZR
1796
DELISTED
Luminar Technologies
LAZR
| $86.5K | ﹤0.01% |
45,314
-156,776
| -78% | -$385K |
|
1797
Upexi
UPXI
$53.7M
| $85.4K | ﹤0.01% |
14,800
-128,400
| -90% | -$781K |
|
|
1798
PUT
Upexi
UPXI
$53.7M
| $85.4K | ﹤0.01% |
148
-1,284
| -90% | -$7.81K |
|
1799
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.19B
| $85.4K | ﹤0.01% |
2,388
| – | – |
|
1800
Aurora
AUR
$13.4B
| $85.2K | ﹤0.01% |
15,808
+2,797
| +21% | +$16.4K |
|
Similar funds
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.