We are live on
!
Find out more
National Bank of Canada Portfolio holdings
AUM
$112B
1-Year Est. Return
31.26%
This Fund
S&P 500
This Quarter
Est. Return
+8.47%
1 Year Est. Return
+31.26%
3 Year Est. Return
+84.25%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$39.3B
AUM Growth
+$20.6B
(+111%)
Cap. Flow
+$18.2B
Cap. Flow
% of AUM
46.4%
Top 10 Holdings %
Top 10 Hldgs %
25.02%
Holding
2,994
New
212
Increased
1,060
Reduced
783
Closed
223
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$1.39B |
| 2 |
Royal Bank of Canada
RY
|
+$1.19B |
| 3 |
Scotiabank
BNS
|
+$954M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$815M |
| 5 |
Bank of Montreal
BMO
|
+$779M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CTXS
Citrix Systems Inc
CTXS
|
+$167M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$156M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$154M |
| 4 |
Cisco
CSCO
|
+$147M |
| 5 |
ConocoPhillips
COP
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.95% |
| 2 | Technology | 10.85% |
| 3 | Energy | 9.72% |
| 4 | Industrials | 8.28% |
| 5 | Communication Services | 6.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Toronto Dominion Bank
TD
$200B
| $1.73B | 4.42% |
26,796,674
+21,501,478
| +406% | +$1.39B |
|
|
2
Royal Bank of Canada
RY
$293B
| $1.63B | 4.14% |
17,293,538
+12,610,726
| +269% | +$1.19B |
|
|
3
Scotiabank
BNS
$108B
| $1.12B | 2.85% |
22,840,226
+19,354,619
| +555% | +$954M |
|
|
4
Bank of Montreal
BMO
$127B
| $959M | 2.44% |
10,585,573
+8,418,353
| +388% | +$779M |
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$810B
| $908M | 2.31% |
2,374,236
+2,121,751
| +840% | +$815M |
|
6
Canadian National Railway
CNI
$76.6B
| $710M | 1.81% |
5,977,754
+3,846,281
| +180% | +$460M |
|
7
Microsoft
MSFT
$3.71T
| $706M | 1.8% |
2,942,403
+1,468,326
| +100% | +$352M |
|
8
Canadian Natural Resources
CNQ
$93.8B
| $700M | 1.78% |
25,229,926
+22,519,910
| +831% | +$644M |
|
9
BCE
BCE
$21.2B
| $697M | 1.78% |
15,880,851
+9,577,853
| +152% | +$431M |
|
10
Enbridge
ENB
$112B
| $661M | 1.68% |
16,923,821
+12,285,302
| +265% | +$481M |
|
11
Canadian Imperial Bank of Commerce
CM
$108B
| $589M | 1.5% |
14,574,235
+12,474,796
| +594% | +$550M |
|
12
Apple
AAPL
$4.57T
| $584M | 1.49% |
4,494,537
+2,719,120
| +153% | +$389M |
|
13
Vale
VALE
$62.6B
| $581M | 1.48% |
34,263,547
+33,820,650
| +7,636% | +$508M |
|
14
Invesco QQQ Trust
QQQ
$481B
| $573M | 1.46% |
2,150,820
+2,056,174
| +2,172% | +$569M |
|
15
TC Energy
TRP
$65.9B
| $548M | 1.4% |
13,756,448
+11,565,402
| +528% | +$502M |
|
16
Manulife Financial
MFC
$73.5B
| $535M | 1.36% |
29,997,656
+24,613,635
| +457% | +$420M |
|
17
Suncor Energy
SU
$70.3B
| $528M | 1.35% |
16,652,604
+14,540,653
| +688% | +$478M |
|
18
Canadian Pacific Kansas City
CP
$80.5B
| $459M | 1.17% |
6,156,627
+4,630,693
| +303% | +$348M |
|
19
iShares Russell 2000 ETF
IWM
$81.9B
| $370M | 0.94% |
2,119,653
+2,113,214
| +32,819% | +$376M |
|
20
Telus
TU
$15.3B
| $349M | 0.89% |
18,117,787
+9,850,903
| +119% | +$203M |
|
21
CGI
GIB
$15.5B
| $340M | 0.87% |
3,952,238
+2,065,815
| +110% | +$170M |
|
|
WCN
22
Waste Connections
WCN
$42B
| $316M | 0.81% |
2,387,504
+1,487,402
| +165% | +$202M |
|
23
Cenovus Energy
CVE
$52.1B
| $287M | 0.73% |
14,796,901
+13,330,138
| +909% | +$256M |
|
24
Sun Life Financial
SLF
$45.4B
| $286M | 0.73% |
6,172,350
+4,300,627
| +230% | +$190M |
|
25
Nutrien
NTR
$30.7B
| $286M | 0.73% |
3,916,207
+3,229,764
| +471% | +$255M |
|
Similar funds
VAM
National Bank of Canada's Q4 2022 Portfolio in Review
As of Q4 2022, National Bank of Canada held 2,994 positions worth $39.3B, up 111% from $18.6B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
National Bank of Canada deployed $18.2B of net new capital in Q4 2022, opening 212 new positions and adding to 1,060 existing holdings. Its largest new stake was Kanzhun: 1,104,400 shares worth $22.5M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 18% a quarter earlier, followed by Technology and Energy.
On the sell side, the largest reduction was State Street Financial Select Sector SPDR ETF, an estimated $156M trimmed.
- National Bank of Canada's largest Q4 2022 buy was Kanzhun: 1,104,400 shares worth $22.5M.
- National Bank of Canada added most to Toronto Dominion Bank in Q4 2022, an estimated $1.39B increase.
- National Bank of Canada's biggest Q4 2022 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $156M.
- National Bank of Canada fully exited Citrix Systems Inc in Q4 2022, selling an estimated $167M.
- National Bank of Canada's ten largest holdings make up 25% of its $39.3B portfolio in Q4 2022.
- National Bank of Canada opened 212 new positions and closed 223 in Q4 2022.
- National Bank of Canada's portfolio value rose 111% quarter-over-quarter to $39.3B.
Based on National Bank of Canada's 13F filing for Q4 2022, filed 24 Jan 2023.