National Bank of Canada Portfolio holdings

National Bank of Canada's Q3 2022 Portfolio in Review

As of Q3 2022, National Bank of Canada held 3,006 positions worth $18.6B, down 15% from $21.9B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

National Bank of Canada withdrew a net $2.2B in Q3 2022, closing 223 positions and reducing 923 holdings. Its most notable exit was Coherent Inc, an estimated $56.8M position sold in full.

By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.

Against the trend, National Bank of Canada opened a new position in Masimo worth $28.7M.

• National Bank of Canada's largest Q3 2022 buy was Masimo: 203,400 shares worth $28.7M.
• National Bank of Canada added most to State Street Financial Select Sector SPDR ETF in Q3 2022, an estimated $216M increase.
• National Bank of Canada's biggest Q3 2022 reduction was Microsoft, cutting an estimated $324M.
• National Bank of Canada fully exited Coherent Inc in Q3 2022, selling an estimated $56.8M.
• National Bank of Canada's ten largest holdings make up 15% of its $18.6B portfolio in Q3 2022.
• National Bank of Canada opened 149 new positions and closed 223 in Q3 2022.
• National Bank of Canada's portfolio value fell 15% quarter-over-quarter to $18.6B.

Based on National Bank of Canada's 13F filing for Q3 2022, filed 13 Oct 2022.