Free Trial

National Bank of Canada Top Holdings and 13F Report (2025)

About National Bank of Canada

National Bank of Canada OTCMKTS: NTIOF has filed 13-F forms with the SEC as an investor. National Bank of Canada is itself a publicly traded company. National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U. For more information on National Bank of Canada stock, visit the National Bank of Canada stock profile here.

Investment Activity

  • National Bank of Canada has $105.21 billion in total holdings as of June 30, 2025.
  • National Bank of Canada owns shares of 2,974 different stocks, but just 192 companies or ETFs make up 80% of its holdings.
  • Approximately 17.22% of the portfolio was purchased this quarter.
  • About 20.18% of the portfolio was sold this quarter.
  • This quarter, National Bank of Canada has purchased 2,830 new stocks and bought additional shares in 1,129 stocks.
  • National Bank of Canada sold shares of 921 stocks and completely divested from 318 stocks this quarter.

Largest Holdings

NVIDIA
$5,012,803,502
Microsoft
$4,569,831,282
Apple
$3,814,398,047
Amazon.com
$3,000,556,894
Royal Bank Of Canada
$2,242,096,332

Largest New Holdings this Quarter

19260Q907 - COINBASE GLOBAL INC
$740,725,566 Holding
91324P952 - UNITEDHEALTH GROUP INC
$480,433,800 Holding
64110L906 - NETFLIX INC
$281,217,300 Holding
46625H950 - JPMORGAN CHASE & CO.
$185,542,400 Holding
290876101 - Emera
$182,769,648 Holding

Largest Purchases this Quarter

COINBASE GLOBAL INC
21,134 shares (about $740.73M)
Apple
3,460,782 shares (about $710.01M)
ALPHABET INC
32,526 shares (about $573.31M)
COINBASE GLOBAL INC
15,499 shares (about $543.22M)
UnitedHealth Group
1,617,071 shares (about $504.47M)

Largest Sales this Quarter

NVIDIA
6,710,924 shares (about $1.06B)
Tesla
2,120,892 shares (about $673.72M)
Microsoft
1,216,838 shares (about $605.22M)
SPDR S&P 500 ETF TR
6,801 shares (about $420.20M)
Coinbase Global
1,170,702 shares (about $410.32M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofNational Bank of Canada

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
NVIDIA Corporation stock logo
NVDA
NVIDIA
$5,012,803,502$1,060,208,312 -17.5%31,730,1264.8%Computer and Technology
Microsoft Corporation stock logo
MSFT
Microsoft
$4,569,831,282$605,222,695 -11.7%9,187,9314.3%Computer and Technology
Apple Inc. stock logo
AAPL
Apple
$3,814,398,047$710,013,297 22.9%18,592,3283.6%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$3,000,556,894$480,130,128 19.0%13,676,9752.9%Retail/Wholesale
Royal Bank Of Canada stock logo
RY
Royal Bank Of Canada
$2,242,096,332$209,347,507 -8.5%17,046,6362.1%Finance
Toronto Dominion Bank (The) stock logo
TD
Toronto Dominion Bank
$2,240,645,273$61,266,047 -2.7%30,487,2132.1%Finance
Alphabet Inc. stock logo
GOOGL
Alphabet
$2,095,478,900$372,997,686 21.7%11,890,4392.0%Computer and Technology
Meta Platforms, Inc. stock logo
META
Meta Platforms
$1,868,515,253$91,515,692 -4.7%2,531,5981.8%Computer and Technology
Broadcom Inc. stock logo
AVGO
Broadcom
$1,802,294,643$408,917,092 -18.5%6,538,3451.7%Computer and Technology
Tesla, Inc. stock logo
TSLA
Tesla
$1,668,981,759$673,718,293 -28.8%5,254,0211.6%Auto/Tires/Trucks
Brookfield Corporation stock logo
BN
Brookfield
$1,307,258,273$130,256,921 11.1%21,151,7001.2%Finance
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$1,213,176,115$96,758,703 -7.4%4,184,9621.2%Finance
Shopify Inc. stock logo
SHOP
Shopify
$1,202,599,097$146,103,278 13.8%10,449,8991.1%Computer and Technology
Bank Of Montreal stock logo
BMO
Bank Of Montreal
$1,141,306,004$302,274,741 -20.9%10,306,9791.1%Finance
Bank of Nova Scotia (The) stock logo
BNS
Bank of Nova Scotia
$1,050,486,458$177,912,205 -14.5%19,009,4421.0%Finance
Canadian Imperial Bank of Commerce stock logo
CM
Canadian Imperial Bank of Commerce
$1,027,123,567$173,419,438 -14.4%14,486,3391.0%Finance
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$1,016,460,214$504,469,990 98.5%3,258,2481.0%Medical
COINBASE GLOBAL INC
$1,013,196,492$543,224,451 115.6%28,9081.0%PUT
TESLA INC
$984,746,000$72,998,268 -6.9%31,0000.9%PUT
Alphabet Inc. stock logo
GOOG
Alphabet
$984,623,710$162,144,538 -14.1%5,550,9690.9%Computer and Technology
Enbridge Inc stock logo
ENB
Enbridge
$969,142,868$378,206,265 64.0%21,414,6430.9%Energy
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$874,434,884$122,149,581 16.2%1,800,9340.8%Finance
Manulife Financial Corp stock logo
MFC
Manulife Financial
$867,074,880$3,207,009 0.4%27,132,3140.8%Finance
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$816,700,822$411,105,928 101.4%1,047,7300.8%Medical
ALPHABET INC
$779,441,823$573,305,098 278.1%44,2210.7%PUT
Canadian National Railway Company stock logo
CNI
Canadian National Railway
$775,232,511$13,010,714 -1.7%7,454,5150.7%Transportation
Costco Wholesale Corporation stock logo
COST
Costco Wholesale
$772,856,740$30,969,851 -3.9%780,8960.7%Retail/Wholesale
NVIDIA CORPORATION
$771,417,773$70,179,158 -8.3%48,8270.7%PUT
COINBASE GLOBAL INC
$740,725,566$740,725,566 New Holding21,1340.7%CALL
Honeywell International Inc. stock logo
HON
Honeywell International
$730,514,467$109,109,629 -13.0%3,136,8710.7%Multi-Sector Conglomerates
iShares Core MSCI EAFE ETF stock logo
IEFA
iShares Core MSCI EAFE ETF
$705,335,761$412,405,745 140.8%8,449,5550.7%ETF
Canadian Pacific Kansas City Limited stock logo
CP
Canadian Pacific Kansas City
$649,489,096$4,062,446 0.6%8,188,5480.6%Transportation
Canadian Natural Resources Limited stock logo
CNQ
Canadian Natural Resources
$626,898,606$98,041,215 18.5%19,963,1290.6%Energy
Agnico Eagle Mines Limited stock logo
AEM
Agnico Eagle Mines
$573,752,848$61,728,377 12.1%4,835,6470.5%Basic Materials
TC Energy Corporation stock logo
TRP
TC Energy
$542,601,441$43,032,360 8.6%11,142,8060.5%Energy
BCE, Inc. stock logo
BCE
BCE
$522,915,385$42,561,018 8.9%23,601,8900.5%Utilities
Waste Connections, Inc. stock logo
WCN
Waste Connections
$500,571,575$21,782,412 -4.2%2,685,3220.5%Business Services
Suncor Energy  Inc. stock logo
SU
Suncor Energy
$492,202,918$220,732,476 81.3%13,147,8160.5%Energy
Mastercard Incorporated stock logo
MA
Mastercard
$489,212,819$25,246,290 -4.9%870,7330.5%Business Services
MICROSTRATEGY INC
$485,076,000$202,115,000 71.4%12,0000.5%PUT
UNITEDHEALTH GROUP INC
$480,433,800$480,433,800 New Holding15,4000.5%PUT
Sun Life Financial Inc. stock logo
SLF
Sun Life Financial
$445,904,211$105,676,932 31.1%6,722,2560.4%Finance
The Home Depot, Inc. stock logo
HD
Home Depot
$445,381,981$217,637,052 -32.8%1,214,7690.4%Retail/Wholesale
TELUS Corporation stock logo
TU
TELUS
$434,669,815$44,645,959 -9.3%27,082,5560.4%Utilities
Intel Corporation stock logo
INTC
Intel
$425,157,329$146,951,192 52.8%18,980,5560.4%Computer and Technology
Cognizant Technology Solutions Corporation stock logo
CTSH
Cognizant Technology Solutions
$404,510,660$13,907,987 3.6%5,184,0410.4%Computer and Technology
Equinix, Inc. stock logo
EQIX
Equinix
$396,405,992$82,814,505 26.4%498,3310.4%Finance
Johnson & Johnson stock logo
JNJ
Johnson & Johnson
$390,837,428$106,478,227 37.4%2,558,9890.4%Medical
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$390,623,336$34,336,481 -8.1%5,630,7970.4%Computer and Technology
Salesforce Inc. stock logo
CRM
Salesforce
$387,869,182$207,832,722 -34.9%1,422,5690.4%Computer and Technology
Booking Holdings Inc. stock logo
BKNG
Booking
$386,786,566$299,508,917 -43.6%66,8120.4%Retail/Wholesale
Procter & Gamble Company (The) stock logo
PG
Procter & Gamble
$384,605,989$27,552,154 7.7%2,414,0340.4%Consumer Staples
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$380,621,818$56,207,306 17.3%615,9990.4%Finance
Walmart Inc. stock logo
WMT
Walmart
$377,024,135$116,083,289 -23.5%3,856,1870.4%Retail/Wholesale
Bank of America Corporation stock logo
BAC
Bank of America
$359,432,249$245,049,124 -40.5%7,596,2130.3%Finance
The Goldman Sachs Group, Inc. stock logo
GS
The Goldman Sachs Group
$358,490,855$62,278,728 21.0%506,5600.3%Finance
Wheaton Precious Metals Corp. stock logo
WPM
Wheaton Precious Metals
$358,445,099$31,645,833 9.7%4,000,8760.3%Basic Materials
Fortis stock logo
FTS
Fortis
$354,856,188$28,065,367 8.6%7,439,9720.3%Utilities
Exxon Mobil Corporation stock logo
XOM
Exxon Mobil
$334,593,070$130,564,342 64.0%3,103,8190.3%Energy
Cameco Corporation stock logo
CCJ
Cameco
$328,447,122$9,793,893 3.1%4,458,6330.3%Basic Materials
GE Aerospace stock logo
GE
GE Aerospace
$319,237,123$174,048,287 119.9%1,240,3030.3%Aerospace
Visa Inc. stock logo
V
Visa
$316,673,071$193,870,479 -38.0%892,4190.3%Business Services
ELI LILLY & CO
$316,411,227$277,434,727 711.8%4,0590.3%PUT
Rogers Communication, Inc. stock logo
RCI
Rogers Communication
$314,646,225$46,103,302 17.2%10,622,0780.3%Utilities
PepsiCo, Inc. stock logo
PEP
PepsiCo
$311,976,804$73,104,175 -19.0%2,362,7970.3%Consumer Staples
INTEL CORP
$305,320,960$113,417,920 59.1%136,3040.3%PUT
The Walt Disney Company stock logo
DIS
Walt Disney
$302,535,548$34,170,359 12.7%2,439,8700.3%Consumer Discretionary
Philip Morris International Inc. stock logo
PM
Philip Morris International
$299,799,593$89,636,032 -23.0%1,646,0810.3%Consumer Staples
iShares Core MSCI Emerging Markets ETF stock logo
IEMG
iShares Core MSCI Emerging Markets ETF
$297,803,310$121,620,886 69.0%4,961,2000.3%ETF
Crown Castle Inc. stock logo
CCI
Crown Castle
$296,707,136$113,794,632 -27.7%2,888,2230.3%Finance
AbbVie Inc. stock logo
ABBV
AbbVie
$295,321,227$61,752,942 26.4%1,591,0480.3%Medical
Hewlett Packard Enterprise Company stock logo
HPE
Hewlett Packard Enterprise
$289,712,315$43,202,095 -13.0%14,166,8690.3%Computer and Technology
Thomson Reuters Co. stock logo
TRI
Thomson Reuters
$285,637,412$73,330,668 -20.4%1,465,6770.3%Business Services
Nutrien Ltd. stock logo
NTR
Nutrien
$284,633,000$16,339,671 6.1%4,898,9390.3%Basic Materials
TESLA INC
$281,446,760$68,614,560 32.2%8,8600.3%CALL
PALANTIR TECHNOLOGIES INC
$281,238,601$96,832,387 52.5%2,063,1420.3%CL A
NETFLIX INC
$281,217,300$281,217,300 New Holding2,1000.3%CALL
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$280,648,631$23,275,389 9.0%3,543,9030.3%Medical
Franco-Nevada Corporation stock logo
FNV
Franco-Nevada
$278,240,238$16,688,070 6.4%1,705,0480.3%Basic Materials
Netflix, Inc. stock logo
NFLX
Netflix
$270,876,322$244,833,612 -47.5%202,3040.3%Consumer Discretionary
Oracle Corporation stock logo
ORCL
Oracle
$264,745,621$82,195,743 -23.7%1,210,8810.3%Computer and Technology
CGI Group, Inc. stock logo
GIB
CGI Group
$262,468,709$62,889,303 -19.3%2,511,0550.2%Computer and Technology
CocaCola Company (The) stock logo
KO
CocaCola
$255,857,243$18,751,519 -6.8%3,616,6550.2%Consumer Staples
Coinbase Global, Inc. stock logo
COIN
Coinbase Global
$253,993,424$410,319,312 -61.8%724,6810.2%Finance
McDonald's Corporation stock logo
MCD
McDonald's
$249,460,520$139,992,662 127.9%853,8020.2%Retail/Wholesale
Intuit Inc. stock logo
INTU
Intuit
$248,933,120$73,210,851 -22.7%316,0540.2%Computer and Technology
Brookfield Asset Management Ltd. stock logo
BAM
Brookfield Asset Management
$243,970,902$120,962,694 98.3%4,422,3380.2%Finance
ServiceNow, Inc. stock logo
NOW
ServiceNow
$240,010,273$89,181,213 59.1%233,4780.2%Computer and Technology
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$236,837,341$48,139,170 25.5%1,293,7180.2%Computer and Technology
Restaurant Brands International Inc. stock logo
QSR
Restaurant Brands International
$236,497,563$26,122,783 -9.9%3,576,8890.2%Retail/Wholesale
Pembina Pipeline Corp. stock logo
PBA
Pembina Pipeline
$229,824,152$6,413,933 2.9%6,124,8020.2%Energy
Strategy Inc stock logo
MSTR
Strategy
$229,580,782$71,444,409 -23.7%567,9460.2%Computer and Technology
VANECK ETF TRUST
$227,700,028$18,939,428 9.1%43,7380.2%PUT
T-Mobile US, Inc. stock logo
TMUS
T-Mobile US
$218,604,688$76,531,463 53.9%917,5680.2%Computer and Technology
PALANTIR TECHNOLOGIES INC
$217,566,720$117,766,848 118.0%15,9600.2%CALL
Citigroup Inc. stock logo
C
Citigroup
$213,387,106$32,806,380 -13.3%2,506,9670.2%Financial Services
NVIDIA CORPORATION
$213,286,500$71,048,103 50.0%13,5000.2%CALL
QUALCOMM Incorporated stock logo
QCOM
QUALCOMM
$210,253,186$14,109,232 7.2%1,320,1370.2%Computer and Technology
LAM RESEARCH CORP
$209,808,313$23,534,510 12.6%2,155,4230.2%COM NEW
Pfizer Inc. stock logo
PFE
Pfizer
$208,186,954$28,497,680 -12.0%8,588,7690.2%Medical

Showing largest 100 holdings. View all holdings.
SEC Filings and Trading Data