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
EMX
1876
DELISTED
EMX Royalty
EMX
$62.8K ﹤0.01%
+12,280
New +$42.5K
EDIV icon
1877
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
$62.7K ﹤0.01%
1,615
– –
VTWG icon
1878
Vanguard Russell 2000 Growth ETF
VTWG
$1.57B
$62.4K ﹤0.01%
267
-32
-11% -$7.05K
VTWO icon
1879
Vanguard Russell 2000 ETF
VTWO
$17.5B
$62.3K ﹤0.01%
637
-8
-1% -$742
SCHZ icon
1880
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
$62.2K ﹤0.01%
2,650
– –
DRS icon
1881
Leonardo DRS
DRS
$12.1B
$61.9K ﹤0.01%
1,364
+224
+20% +$9.76K
RKLB icon
1882
Rocket Lab Corp
RKLB
$50.4B
$61.8K ﹤0.01%
1,290
-2,014
-61% -$91.4K
ILTB icon
1883
iShares Core 10+ Year USD Bond ETF
ILTB
$591M
$61.7K ﹤0.01%
1,220
– –
KTOS icon
1884
Kratos Defense & Security Solutions
KTOS
$12.1B
$61.7K ﹤0.01%
675
-266,943
-100% -$17.1M
STWD icon
1885
Starwood Property Trust
STWD
$6.09B
$61.3K ﹤0.01%
3,165
+153
+5% +$3.08K
NULV icon
1886
Nuveen ESG Large-Cap Value ETF
NULV
$2.29B
$61K ﹤0.01%
1,392
– –
PFFA icon
1887
Virtus InfraCap US Preferred Stock ETF
PFFA
$2.53B
$60.9K ﹤0.01%
2,806
+5
+0.2% +$108
FFLS icon
1888
The Future Fund Long/Short ETF
FFLS
$45.2M
$60.5K ﹤0.01%
2,387
-952
-29% -$24.3K
SJT
1889
San Juan Basin Royalty Trust
SJT
$131M
$60.4K ﹤0.01%
10,000
– –
RHI icon
1890
Robert Half
RHI
$4.41B
$60.3K ﹤0.01%
1,776
-379
-18% -$14.2K
IXUS icon
1891
iShares Core MSCI Total International Stock ETF
IXUS
$60.8B
$60.3K ﹤0.01%
730
+58
+9% +$4.61K
VFMV icon
1892
Vanguard US Minimum Volatility ETF
VFMV
$446M
$60.3K ﹤0.01%
459
– –
PIO icon
1893
Invesco Global Water ETF
PIO
$275M
$59.6K ﹤0.01%
1,331
+94
+8% +$4.2K
SPLB icon
1894
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.18B
$59.4K ﹤0.01%
2,571
– –
SVM
1895
CALL
Silvercorp Metals
SVM
$2.66B
$59.3K ﹤0.01%
+94
New +$460
FSM icon
1896
CALL
Fortuna Silver Mines
FSM
$3.15B
$59.1K ﹤0.01%
66
+51
+340% +$372
BNTX icon
1897
BioNTech
BNTX
$23.1B
$58K ﹤0.01%
588
-15
-2% -$1.6K
VG
1898
Venture Global Inc
VG
$34.9B
$57.8K ﹤0.01%
4,070
-195,340
-98% -$2.78M
OLED icon
1899
Universal Display
OLED
$4.12B
$57.1K ﹤0.01%
398
-23,273
-98% -$3.38M
XRT icon
1900
State Street SPDR S&P Retail ETF
XRT
$641M
$56.8K ﹤0.01%
659
+519
+371% +$43.3K
74 75
76
77 78

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 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.