SEC 13F Intelligence

Managers / Q4 2021 · view latest →

NATIONAL BANK OF CANADA /FI/

CIK 0000926171 · NATIONAL BANK PLACE, 800 SAINT-JACQUES STREET, MONTREAL, A8, H3C 1A3 · 347-443-2424

Reported Value
$29.4B
Q4 2021
Positions
4,316
Filings on Record
21
2019–present window
Filed
Jan 24, 2022
original filing

Summary

National Bank Of Canada /Fi/ reported $29.4B in U.S.-listed holdings across 4,316 positions for Q4 2021.

Its largest position, AMZN, represents 3.6% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+18.2%
share of reported value
Largest Position
+3.6%
Amazon Com

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’21: $29.4BQ4 ’21Q1 ’22: $33.8BQ2 ’22: $21.9BQ3 ’22: $18.6BQ3 ’22Q4 ’22: $39.3BQ1 ’23: $40.6BQ2 ’23: $54.6BQ2 ’23Q3 ’23: $65.7BQ4 ’23: $62.6BQ1 ’24: $65.4BQ1 ’24Q2 ’24: $73.4BQ3 ’24: $87.3BQ4 ’24: $94.4BQ4 ’24Q1 ’25: $95.5BQ2 ’25: $105.2BQ3 ’25: $100.4BQ3 ’25Q4 ’25: $110.0BQ1 ’26: $111.5Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 65.7%Other: 23.4%ETP: 7.4%ADR: 2.3%REIT: 1.0%Other: 0.2%
  • Common Stock · 65.7% · $19.3B
  • Other · 23.4% · $6.9B
  • ETP · 7.4% · $2.2B
  • ADR · 2.3% · $682M
  • REIT · 1.0% · $298M
  • Other · 0.2% · $45M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
AMZNAMAZON COM INCNEW+400.1K400.1K+$1.3B$1.3B
NVDANVIDIA CORPORATIONNEW+3.67M3.67M+$1.1B$1.1B
MSFTMICROSOFT CORPNEW+3.13M3.13M+$1.1B$1.1B
AMAZON COM INCNEW+2.9K2.9K+$967M$967M
TESLA INCNEW+7.3K7.3K+$766M$766M
AAPLAPPLE INCNEW+4.00M4.00M+$710M$710M
TSLATESLA INCNEW+567.4K567.4K+$600M$600M
ARK ETF TRNEW+58.0K58.0K+$475M$475M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2021

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON COM INChistory →COM4.51%$1.3B396.8K
2MSFTMICROSOFT CORPhistory →COM3.30%$969M2.88M
3NVDANVIDIA CORPORATIONhistory →COM3.27%$959M3.26M
4AAPLAPPLE INChistory →COM2.38%$699M3.93M
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.95%$571M197.2K
6TSLATESLA INChistory →COM1.90%$558M528.0K
7RYROYAL BK CDAhistory →COM1.50%$441M4.16M
8TDTORONTO DOMINION BK ONThistory →COM NEW1.18%$347M4.54M
9ENBENBRIDGE INChistory →COM1.15%$338M8.64M
10METAMETA PLATFORMS INChistory →CL A0.85%$249M738.9K
11BABOEING COhistory →COM0.78%$227M1.13M
12BCEBCE INChistory →COM NEW0.77%$227M4.36M
13JPMJPMORGAN CHASE & COhistory →COM0.77%$226M1.43M
14BMOBANK MONTREAL QUEhistory →COM0.70%$206M1.91M
15BNSBANK NOVA SCOTIA B Chistory →COM0.69%$203M2.87M
16ISHARES TRCORE MSCI EAFE0.67%$196M2.63M
17JNJJOHNSON & JOHNSONhistory →COM0.65%$192M1.12M
18FERGUSON PLC NEWSHS0.65%$190M1.07M
19INTCINTEL CORPhistory →COM0.64%$187M3.63M
20CNRCANADIAN NATL RY COhistory →COM0.60%$175M1.43M
21BROOKFIELD ASSET MGMT INCCL A LTD VT SH0.58%$170M2.82M
22TTELUS CORPORATIONhistory →COM0.56%$164M6.97M
23ISHARES INCCORE MSCI EMKT0.56%$164M2.73M
24BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.54%$157M525.4K
25CHVCHEVRON CORP NEWhistory →COM0.50%$146M1.24M
26GIB/ACGI INChistory →CL A SUB VTG0.49%$144M1.63M
27NUANEURNUANCE COMMUNICATIONS INChistory →COM0.45%$132M2.38M
28PFEPFIZER INChistory →COM0.44%$129M2.18M
29TMUST-MOBILE US INChistory →COM0.43%$125M1.08M
30CRMSALESFORCE COM INChistory →COM0.42%$123M482.5K
31CASYCASEYS GEN STORES INChistory →COM0.41%$122M624.6K
32CSCOCISCO SYS INChistory →COM0.40%$119M1.87M
33SPDR S&P 500 ETF TRTR UNIT0.40%$118M247.8K
34COHREURCOHERENT INChistory →COM0.40%$117M439.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$111.5B5,484May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$110.0B5,428Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$100.4B5,313Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$105.2B5,726Aug 18, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$95.5B5,419May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$94.4B5,727Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$87.3B4,603Nov 15, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$73.4B4,731Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$65.4B4,805May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$62.6B4,898Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$65.7B5,202Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$54.6B5,018Jul 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$40.6B5,001Apr 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$39.3B5,169Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$18.6B4,497Oct 13, 202213F-HRchanges · EDGAR ↗
Q2 2022$21.9B4,452Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$33.8B4,583May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$29.4B4,316Jan 24, 202213F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 6 additional managers.

  • National Bank Financial Inc.
  • NATIONAL BANK OF CANADA FINANCIAL INC.
  • NBC Global Finance Ltd
  • National Trust Company
  • Natcan Trust Company
  • NatWealth Management (USA) Inc.

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.