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National Bank of Canada /fi/

CIK:0000926171
Bank
$247B AUM
2,981 holdings
Montreal, QC, Canada
Founded:1859
31,000 employees
Latest filing:Jun 30, 2025

National Bank of Canada is the sixth largest commercial bank in Canada, headquartered in Montreal, Quebec. Founded in 1859, it is a leading integrated financial group employing over 31,000 staff. The bank and its subsidiaries provide a comprehensive range of services, including retail and commercial banking, wealth management, investment banking, and capital markets to individuals, corporations, governments, and institutional clients, with a broad reach across Canada and global presence through subsidiaries and strategic partnerships. National Bank Financial is its wealth management arm and National Bank Investments manages mutual funds and ETFs for Canadian investors.

Investment Strategy

National Bank of Canada, through its subsidiaries such as National Bank Investments and National Bank Financial, employs an open architecture approach, selecting top investment talent globally to deliver optimal, risk-adjusted returns for diverse investor profiles. Their strategy prioritizes client-centricity, long-term value creation, and innovation in managed solutions, focusing on mutual funds, ETFs, and bespoke wealth management for retail, institutional, and corporate clients. The firm maintains rigorous monitoring of third-party managers to ensure alignment with strategic objectives, and offers comprehensive investment products covering equities, fixed income, and alternative asset classes.

Top Buys
N
NVDANVIDIA CORPORATION
+$846.0M
A
AMZNAMAZON COM INC
+$814.7M
M
MSFTMICROSOFT CORP
+$664.4M
G
GOOGLALPHABET INC
+$584.0M
A
AVGOBROADCOM INC
+$459.2M
Top Sells
N
NKENIKE INC
-$310.9M
T
TSMTAIWAN SEMICONDUCTOR MFG LTD
-$262.6M
T
TSLATESLA INC
-$242.3M
I
IBNICICI BANK LIMITED
-$235.3M
H
HDBHDFC BANK LTD
-$229.7M

Top Holdings

N
NVDANVIDIA CORPORATION
+4.8%$5.01B
M
MSFTMICROSOFT CORP
+4.3%$4.57B
A
AAPLAPPLE INC
+3.6%$3.81B
A
AMZNAMAZON COM INC
+2.9%$3.00B
R
RYROYAL BK CDA
+2.1%$2.24B

Equity Positions (2,535)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NVDA
NVIDIA CORPORATION4.76%$5.01B31,730,126$80.01$157.99+$846.0M
M
MSFT
MICROSOFT CORP4.34%$4.57B9,187,931$354.31$497.41+$664.4M
A
AAPL
APPLE INC3.62%$3.81B18,592,328$199.15$205.17+$453.4M
A
AMZN
AMAZON COM INC2.85%$3.00B13,676,975$171.44$219.39+$814.7M
R
RY
ROYAL BK CDA2.13%$2.24B17,046,636$100.02$131.55+$146.3M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+8.2%
SERVICES-PREPACKAGED SOFTWARE
+8.1%
COMMERCIAL BANKS, NEC
+6.4%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+5.8%
ELECTRONIC COMPUTERS
+3.7%