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
+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
(+9.5%)
Cap. Flow
+$3.43B
Cap. Flow
% of AUM
3.12%
Top 10 Holdings %
Top 10 Hldgs %
29.27%
Holding
3,206
New
380
Increased
1,219
Reduced
855
Closed
337
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$990M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$877M |
| 3 |
Tesla
TSLA
|
+$841M |
| 4 |
Microsoft
MSFT
|
+$835M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$601M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$799M |
| 2 |
Toronto Dominion Bank
TD
|
+$363M |
| 3 |
Brookfield
BN
|
+$315M |
| 4 |
Salesforce
CRM
|
+$305M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
|
AGNT
2026
AGNT Inc
AGNT
$752M
| $36.8K | ﹤0.01% |
4,063
+444
| +12% | +$4.69K |
|
2027
Archer Aviation
ACHR
$5.37B
| $36.6K | ﹤0.01% |
4,868
+1,303
| +37% | +$12.3K |
|
2028
Amplify Mobile Payments ETF
IPAY
$188M
| $36.3K | ﹤0.01% |
700
-25
| -3% | -$1.35K |
|
|
OPPJ
2029
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$290M
| $36.1K | ﹤0.01% |
780
| – | – |
|
2030
Nice
NICE
$6.17B
| $36K | ﹤0.01% |
+319
| New | +$38.5K |
|
2031
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.23B
| $35.8K | ﹤0.01% |
510
-71
| -12% | -$5.09K |
|
2032
Commercial Metals
CMC
$7.98B
| $35.1K | ﹤0.01% |
507
-63
| -11% | -$3.94K |
|
2033
ArcelorMittal
MT
$55.2B
| $35.1K | ﹤0.01% |
770
-202
| -21% | -$8.3K |
|
2034
Corcept Therapeutics
CORT
$12.1B
| $34.9K | ﹤0.01% |
1,005
+975
| +3,250% | +$76.6K |
|
2035
LENSAR
LNSR
$102M
| $34.8K | ﹤0.01% |
3,000
| – | – |
|
2036
Silicon Motion
SIMO
$8.45B
| $34.7K | ﹤0.01% |
375
| – | – |
|
2037
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.81B
| $34.7K | ﹤0.01% |
1,372
-399
| -23% | -$10.1K |
|
2038
GCM Grosvenor
GCMG
$2.82B
| $34.6K | ﹤0.01% |
3,062
-1,343
| -30% | -$15.3K |
|
2039
GoodRx Holdings
GDRX
$1.27B
| $34.6K | ﹤0.01% |
12,814
+1,961
| +18% | +$6.44K |
|
|
USAS
2040
Americas Gold and Silver
USAS
$1.7B
| $34.5K | ﹤0.01% |
6,815
-859
| -11% | -$3.86K |
|
|
ACOG
2041
Alpha Cognition
ACOG
$188M
| $34.4K | ﹤0.01% |
5,292
| – | – |
|
2042
iShares MSCI South Korea ETF
EWY
$27.6B
| $34.2K | ﹤0.01% |
352
-227
| -39% | -$20.7K |
|
2043
Global Net Lease
GNL
$1.9B
| $34K | ﹤0.01% |
+3,958
| New | +$31.7K |
|
2044
Invesco Bloomberg Pricing Power ETF
POWA
$184M
| $34K | ﹤0.01% |
378
-71
| -16% | -$6.43K |
|
|
CGC
2045
Canopy Growth
CGC
$426M
| $33.5K | ﹤0.01% |
29,482
-692,384
| -96% | -$890K |
|
|
IMVP
2046
Invesco India ETF
IMVP
$108M
| $33.4K | ﹤0.01% |
1,375
| – | – |
|
|
EMBJ
2047
Embraer S.A. ADS
EMBJ
$13.2B
| $33.1K | ﹤0.01% |
+515
| New | +$32.3K |
|
2048
Peabody Energy
BTU
$2.94B
| $33.1K | ﹤0.01% |
+1,116
| New | +$32.8K |
|
2049
Harley-Davidson
HOG
$2.7B
| $32.7K | ﹤0.01% |
1,597
-42
| -3% | -$1.03K |
|
2050
TeraWulf
WULF
$8.14B
| $32.7K | ﹤0.01% |
2,860
+1,020
| +55% | +$13.7K |
|
Similar funds
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.