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
+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
LCII icon
1851
LCI Industries
LCII
$2.56B
$75.6K ﹤0.01%
623
+59
+10% +$6.28K
RH icon
1852
RH
RH
$3.45B
$75.6K ﹤0.01%
422
-1,199
-74% -$205K
OGGWZ
1853
Osisko Gold Group Inc. Warrant expiring 5/27/2027
OGGWZ
$75.5K ﹤0.01%
21,625
– –
WAL icon
1854
Western Alliance Bancorporation
WAL
$9B
$75.2K ﹤0.01%
895
+77
+9% +$6.25K
MNKD icon
1855
MannKind Corp
MNKD
$1.22B
$75.1K ﹤0.01%
13,270
– –
TDIV icon
1856
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.43B
$75K ﹤0.01%
775
-50
-6% -$4.92K
HRI icon
1857
Herc Holdings
HRI
$5.76B
$74.7K ﹤0.01%
503
+27
+6% +$3.7K
DXIV
1858
Dimensional International Vector Equity ETF
DXIV
$217M
$74.4K ﹤0.01%
1,149
– –
KBA icon
1859
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
$74.3K ﹤0.01%
2,407
+2,291
+1,975% +$69.3K
KYN icon
1860
Kayne Anderson Energy Infrastructure Fund
KYN
$2.48B
$74.2K ﹤0.01%
6,000
– –
GMF icon
1861
State Street SPDR S&P Emerging Asia Pacific ETF
GMF
$439M
$73.7K ﹤0.01%
531
– –
JGLO icon
1862
JPMorgan Global Select Equity ETF
JGLO
$6.84B
$73.3K ﹤0.01%
1,084
-10
-0.9% -$678
POST icon
1863
Post Holdings
POST
$3.66B
$72.6K ﹤0.01%
733
-725
-50% -$75.1K
DFGR icon
1864
Dimensional Global Real Estate ETF
DFGR
$3.85B
$72.2K ﹤0.01%
2,734
+1,582
+137% +$42.7K
DRD
1865
DRDGold
DRD
$2.1B
$72K ﹤0.01%
2,323
+428
+23% +$12.2K
XLRE icon
1866
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
$72K ﹤0.01%
1,784
-3,774
-68% -$155K
IBDV icon
1867
iShares iBonds Dec 2030 Term Corporate ETF
IBDV
$3.3B
$71.9K ﹤0.01%
+3,291
New +$72.8K
CSIQ icon
1868
Canadian Solar
CSIQ
$1.04B
$71.9K ﹤0.01%
3,023
-975
-24% -$21.3K
IBDU icon
1869
iShares iBonds Dec 2029 Term Corporate ETF
IBDU
$4.07B
$71.7K ﹤0.01%
3,064
+1,055
+53% +$24.7K
ADUR
1870
Aduro Clean Technologies
ADUR
$585M
$71.7K ﹤0.01%
6,925
-53
-0.8% -$698
ASTL icon
1871
Algoma Steel
ASTL
$453M
$71.6K ﹤0.01%
17,575
+6,939
+65% +$27.7K
VUSB icon
1872
Vanguard Ultra-Short Bond ETF
VUSB
$9.34B
$71.6K ﹤0.01%
1,437
– –
REZ icon
1873
iShares Residential and Multisector Real Estate ETF
REZ
$866M
$71.4K ﹤0.01%
864
+103
+14% +$8.64K
IBDR icon
1874
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.38B
$71.4K ﹤0.01%
2,947
-220
-7% -$5.33K
ACB
1875
PUT
Aurora Cannabis
ACB
$225M
$71K ﹤0.01%
169
+167
+8,350% +$817
73 74
75
76 77

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
SEI Investments
SEI Investments Oaks, Pennsylvania $108B AUM 26.14% 1-Year Est. Return
Allianz Asset Management
Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

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.