SEC 13F Intelligence

Managers / Q3 2024 · 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
$87.3B
Q3 2024
Positions
4,603
Filings on Record
21
2019–present window
Filed
Nov 15, 2024
amendment (RESTATEMENT)

Summary

National Bank Of Canada /Fi/ reported $87.3B in U.S.-listed holdings across 4,603 positions for Q3 2024.

Its largest position, NVDA, represents 3.0% of the portfolio.

Compared with Q2 2024, the fund opened 444 new positions and exited 408.

Portfolio Metrics

Turnover
+12.9%
vs prior filed quarter
Top-10 Concentration
+17.1%
share of reported value
Largest Position
+3.0%
Nvidia Corporation
New / Exited
444 / 408
positions this quarter

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: 76.6%Other: 15.5%ETP: 5.1%REIT: 1.5%ADR: 1.2%Other: 0.0%
  • Common Stock · 76.6% · $66.9B
  • Other · 15.5% · $13.6B
  • ETP · 5.1% · $4.5B
  • REIT · 1.5% · $1.3B
  • ADR · 1.2% · $1.0B
  • Other · 0.0% · $33M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMAZON COM INCNEW+30.3K30.3K+$565M$565M
BROADCOM INCNEW+14.0K14.0K+$242M$242M
DISNEY WALT CONEW+22.3K22.3K+$215M$215M
WALMART INCNEW+20.9K20.9K+$169M$169M
DELL TECHNOLOGIES INCNEW+13.2K13.2K+$156M$156M
CATERPILLAR INCNEW+3.5K3.5K+$137M$137M
VANECK ETF TRUSTNEW+31.0K31.0K+$123M$123M
BOOKING HOLDINGS INCNEW+246246+$104M$104M

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

Holdings — Q3 2024

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM5.51%$4.8B39.61M
2MSFTMICROSOFT CORPhistory →COM4.45%$3.9B9.04M
3AAPLAPPLE INChistory →COM2.42%$2.1B9.09M
4RYROYAL BK CDAhistory →COM2.29%$2.0B16.02M
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.02%$1.8B10.60M
6TDTORONTO DOMINION BK ONThistory →COM NEW1.87%$1.6B25.85M
7LISTED FD TRROUNDHILL BALL1.65%$1.4B2.51M
8AVGOBROADCOM INChistory →COM1.30%$1.1B6.60M
9VVISA INChistory →COM CL A1.28%$1.1B4.06M
10AMZNAMAZON COM INChistory →COM1.08%$939M5.04M
11BMOBANK MONTREAL QUEhistory →COM1.06%$926M10.26M
12BNSBANK NOVA SCOTIA HALIFAXhistory →COM0.86%$753M13.82M
13MFCMANULIFE FINL CORPhistory →COM0.74%$648M21.94M
14JPMJPMORGAN CHASE & CO.history →COM0.73%$640M3.04M
15APDAIR PRODS & CHEMS INChistory →COM0.60%$526M1.77M
16CMCANADIAN IMPERIAL BK COMMhistory →COM0.59%$516M8.41M
178CWCROWN CASTLE INChistory →COM0.54%$473M3.99M
18ENBENBRIDGE INChistory →COM0.52%$454M11.17M
19AMDADVANCED MICRO DEVICES INChistory →COM0.49%$425M2.59M
20SHOPSHOPIFY INChistory →CL A0.47%$413M5.16M
21CNRCANADIAN NATL RY COhistory →COM0.46%$400M3.41M
22UNHUNITEDHEALTH GROUP INChistory →COM0.46%$399M682.1K
23BCEBCE INChistory →COM NEW0.41%$357M10.26M
24LLYELI LILLY & COhistory →COM0.41%$355M400.9K
25ISHARES TRCORE MSCI EAFE0.40%$350M4.48M
26TRPTC ENERGY CORPhistory →COM0.37%$320M6.74M
27CSCOCISCO SYS INChistory →COM0.35%$304M5.70M
28MRKMERCK & CO INChistory →COM0.31%$268M2.36M

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.028-24337
  • NATIONAL BANK OF CANADA FINANCIAL INC.028-24332
  • NBC Global Finance Ltd028-24340
  • National Bank Trust Inc.028-24331
  • 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 ↗.