As of 12/31/2025, National Bank of Canada FI reported a 13F portfolio value of $110.17B, up from $100.44B for the prior reporting period. The largest reported positions included Apple, Nvidia Corporation, Microsoft, Alphabet, and Royal BK CDA.
The table below shows the National Bank of Canada FI top holdings by position size, including reported share amounts, changes from the prior quarter, and position value. Holdings data is derived from publicly available 13F filings.
National Bank of Canada FI latest 13F summary
- Reporting date: 12/31/2025
- Reported 13F portfolio value: $110.17 billion
- Prior reported value: $100.44 billion
- Largest reported holding: Apple
- Other top holdings: Nvidia Corporation, Microsoft, Alphabet, Royal BK CDA
| Entity | Amount | Change
09/30/2025 to 12/31/2025 |
Position Size ($ in 1000's) |
|---|---|---|---|
 APPLE INC |
$4,445,914 | ||
| AAPL | 14,291,459 | -2,974,651 | $3,885,148 |
| Call | 23,627 | +5,602 | $642,324 |
| Put | 3,000 | -4,854 | $81,558 |
| NVIDIA CORPORATION |
$4,345,224 | ||
| NVDA | 26,908,013 | +1,571,770 | $5,018,228 |
| Put | 39,086 | +33,549 | $728,954 |
| Call | 3,000 | -36,500 | $55,950 |
| MICROSOFT CORP |
$4,162,674 | ||
| MSFT | 9,913,440 | +1,666,611 | $4,794,233 |
| Put | 16,059 | +13,299 | $776,645 |
| Call | 3,000 | -3,884 | $145,086 |
 ALPHABET INC |
9,750,590 | +3,070,573 | $3,051,833 |
| GOOGL | 9,750,590 | +3,070,573 | $3,051,833 |
| ROYAL BK CDA |
$2,943,847 | ||
| RY | 16,618,140 | -1,879,489 | $2,829,109 |
| Call | 7,706 | +842 | $131,358 |
| Put | 975 | -67 | $16,620 |
| TORONTO DOMINION BK ONT |
$2,486,700 | ||
| TD | 25,630,670 | -4,296,097 | $2,413,995 |
| Call | 9,062 | +2,063 | $85,399 |
| Put | 1,347 | -477 | $12,694 |
| BROADCOM INC |
$2,363,763 | ||
| AVGO | 7,412,830 | +304,287 | $2,565,505 |
| Put | 5,829 | +4,446 | $201,742 |
| META PLATFORMS INC |
$2,213,978 | ||
| META | 4,177,020 | +1,483,097 | $2,757,100 |
| Put | 8,228 | +8,228 | $543,122 |
| AMAZON COM INC |
$1,870,318 | ||
| AMZN | 10,790,954 | -1,194,310 | $2,490,716 |
| Put | 29,100 | +4,993 | $671,686 |
| Call | 2,222 | +2,222 | $51,288 |
| SHOPIFY INC |
$1,526,017 | ||
| SHOP | 9,417,620 | -427,960 | $1,512,592 |
| Call | 934 | +760 | $15,035 |
| Put | 100 | -172 | $1,610 |
| BANK MONTREAL QUE |
$1,508,935 | ||
| BMO | 11,003,421 | -248,736 | $1,428,139 |
| Call | 8,427 | -892 | $109,429 |
| Put | 2,205 | -1,066 | $28,633 |
| TESLA INC |
$1,359,314 | ||
| TSLA | 5,317,283 | +1,896,465 | $2,391,242 |
| Put | 25,050 | +14,300 | $1,126,549 |
| Call | 2,104 | -2,107 | $94,621 |
| BANK NOVA SCOTIA HALIFAX |
$1,354,033 | ||
| BNS | 17,824,075 | +714,112 | $1,313,657 |
| Call | 7,374 | -5,004 | $54,380 |
| Put | 1,899 | -308 | $14,004 |
| CANADIAN IMPERIAL BANK OF CO |
$1,298,053 | ||
| CM | 13,589,826 | -343,774 | $1,231,155 |
| Call | 8,044 | -3,428 | $72,917 |
| Put | 664 | +18 | $6,019 |
| ALPHABET INC |
$1,183,097 | ||
| GOOG | 6,298,405 | +2,096,420 | $1,976,393 |
| Put | 32,144 | +22,854 | $1,006,959 |
| Call | 6,819 | -2,319 | $213,663 |
| JPMORGAN CHASE & CO. |
$1,102,482 | ||
| JPM | 2,781,327 | -330,606 | $896,261 |
| Call | 6,400 | +2,250 | $206,221 |
| BROOKFIELD CORP |
$1,069,351 | ||
| BN | 23,031,220 | +3,072,141 | $1,055,707 |
| Call | 3,183 | -768 | $15,350 |
| Put | 342 | +171 | $1,706 |
| ENBRIDGE INC |
$988,403 | ||
| ENB | 20,092,123 | +1,464,286 | $959,862 |
| Call | 10,200 | -8,688 | $48,805 |
| Put | 4,235 | +708 | $20,264 |
| MICRON TECHNOLOGY INC |
$940,914 | ||
| MU | 3,421,800 | +1,685,985 | $976,590 |
| Put | 1,250 | +1,250 | $35,676 |
| MANULIFE FINL CORP |
$831,779 | ||
| MFC | 21,912,877 | -6,286,819 | $795,032 |
| Call | 16,488 | +1,451 | $59,865 |
| Put | 6,367 | -1,053 | $23,118 |
| CANADIAN NATL RY CO |
$672,952 | ||
| CNI | 6,710,219 | -201,802 | $663,063 |
| Call | 1,436 | -1,683 | $14,201 |
| Put | 436 | +157 | $4,312 |
| CANADIAN NAT RES LTD |
$652,688 | ||
| CNQ | 18,566,785 | +5,790,337 | $628,208 |
| Call | 13,037 | -77 | $44,154 |
| Put | 5,809 | -69 | $19,674 |
| TC ENERGY CORP |
$647,887 | ||
| TRP | 11,185,873 | +771,244 | $614,251 |
| Call | 7,237 | -7,810 | $39,847 |
| Put | 1,128 | -55 | $6,211 |
| AGNICO EAGLE MINES LTD |
$638,715 | ||
| AEM | 3,789,835 | -695,470 | $639,682 |
| Put | 1,110 | +279 | $18,822 |
| Call | 1,053 | +359 | $17,855 |
| COSTCO WHSL CORP NEW |
$612,572 | ||
| COST | 785,425 | +185,805 | $677,248 |
| Put | 750 | +750 | $64,676 |
| ORACLE CORP |
$601,282 | ||
| ORCL | 3,513,197 | +2,278,186 | $684,758 |
| Put | 4,289 | +4,289 | $83,597 |
| Call | 7 | -1,051 | $121 |
| ELI LILLY & CO |
$594,603 | ||
| LLY | 624,698 | +30,463 | $671,335 |
| Put | 714 | -258 | $76,732 |
| BERKSHIRE HATHAWAY INC DEL |
$574,878 | ||
| BRK.B | 1,143,591 | -129,232 | $574,833 |
| BRK.A | 6 | +4 | $45 |
| HONEYWELL INTL INC |
2,823,098 | -367,054 | $550,755 |
| HON | 2,823,098 | -367,054 | $550,755 |
| CISCO SYS INC |
$543,272 | ||
| CSCO | 6,653,527 | +1,796,232 | $512,522 |
| Call | 3,992 | -1,008 | $30,750 |
| CANADIAN PACIFIC KANSAS CITY |
$528,022 | ||
| CP | 7,098,660 | -613,739 | $522,104 |
| Call | 964 | -1,209 | $7,096 |
| Put | 160 | +23 | $1,178 |
| BCE INC |
$520,563 | ||
| BCE | 21,548,119 | +1,028,792 | $513,512 |
| Call | 6,065 | -1,911 | $14,466 |
| Put | 3,109 | +1,327 | $7,415 |
| SUNCOR ENERGY INC NEW |
$518,282 | ||
| SU | 11,476,043 | +3,350,777 | $508,789 |
| Call | 5,744 | -702 | $25,492 |
| Put | 3,605 | -205 | $15,999 |
| WALMART INC |
4,461,643 | +427,784 | $497,034 |
| WMT | 4,461,643 | +427,784 | $497,034 |
| PALANTIR TECHNOLOGIES INC |
$487,267 | ||
| PLTR | 4,138,356 | +661,010 | $735,584 |
| Put | 13,970 | +8,237 | $248,317 |
| COGNIZANT TECHNOLOGY SOLUTIO |
5,771,093 | +30,811 | $479,000 |
| CTSH | 5,771,093 | +30,811 | $479,000 |
| MASTERCARD INCORPORATED |
787,538 | +17,066 | $449,582 |
| MA | 787,538 | +17,066 | $449,582 |
| ABBVIE INC |
$434,359 | ||
| ABBV | 1,841,069 | -69,960 | $420,650 |
| Call | 600 | -395 | $13,709 |
| GE AEROSPACE |
1,404,061 | +841,597 | $432,486 |
| GE | 1,404,061 | +844,677 | $432,486 |
| PEPSICO INC |
2,967,790 | -269,867 | $425,924 |
| PEP | 2,967,790 | -269,867 | $425,924 |
| FORTIS INC |
$403,753 | ||
| FTS | 7,340,045 | +340,296 | $380,973 |
| Call | 4,673 | -256 | $24,293 |
| Put | 291 | -25 | $1,513 |
| LAM RESEARCH CORP |
$401,598 | ||
| LRCX | 2,176,108 | -305,711 | $372,497 |
| Call | 1,700 | +1,700 | $29,101 |
| ASTRAZENECA PLC |
2,236,063 | +1,116,871 | $392,429 |
| AZN | 2,236,063 | +1,116,871 | $392,429 |
| SUN LIFE FINANCIAL INC. |
$392,330 | ||
| SLF | 6,318,169 | -879,332 | $393,841 |
| Put | 4,784 | -298 | $29,861 |
| Call | 4,542 | -1,094 | $28,350 |
| WHEATON PRECIOUS METALS CORP |
$388,228 | ||
| WPM | 3,300,452 | -563,928 | $386,959 |
| Call | 187 | -282 | $2,198 |
| Put | 79 | -56 | $929 |
| JOHNSON & JOHNSON |
1,863,268 | +745,686 | $385,585 |
| JNJ | 1,863,268 | +750,066 | $385,585 |
| ROGERS COMMUNICATIONS INC |
$379,267 | ||
| RCI | 9,807,730 | +1,285,345 | $369,722 |
| Call | 3,593 | +215 | $13,561 |
| Put | 1,064 | +96 | $4,016 |
| BANK AMERICA CORP |
$371,366 | ||
| BAC | 5,720,997 | -3,840,271 | $314,634 |
| Call | 10,306 | +10,306 | $56,683 |
| BAC.PRL | 39 | UNCH | $49 |
| UNITEDHEALTH GROUP INC |
$369,991 | ||
| UNH | 2,341,995 | -495,125 | $773,121 |
| Put | 12,212 | -5,891 | $403,130 |
| ADVANCED MICRO DEVICES INC |
$368,769 | ||
| AMD | 1,871,979 | -414,163 | $400,893 |
| Put | 1,500 | -3,025 | $32,124 |
