NATIONAL BANK OF CANADA /FI/ Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$108.2M

Holdings

2,868

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (2,868 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	NVDANVIDIA CORPORATION	26,908,013	$5.0M	4.63%
2	MSFTMICROSOFT CORP	9,913,440	$4.8M	4.43%
3	AAPLAPPLE INC	14,291,459	$3.9M	3.59%
4	GOOGLALPHABET INC	9,750,590	$3.0M	2.82%
5	RYROYAL BK CDA	16,618,140	$2.8M	2.61%
6	METAMETA PLATFORMS INC	4,177,020	$2.8M	2.54%
7	AVGOBROADCOM INC	7,412,830	$2.6M	2.37%
8	AMZNAMAZON COM INC	10,790,954	$2.5M	2.30%
9	TDTORONTO DOMINION BK ONT	25,630,670	$2.4M	2.23%
10	TSLATESLA INC	5,317,283	$2.4M	2.21%
11	GOOGALPHABET INC	6,298,405	$2.0M	1.82%
12	SHOPSHOPIFY INC	9,417,620	$1.5M	1.40%
13	BMOBANK MONTREAL QUE	11,003,421	$1.4M	1.32%
14	BNSBANK NOVA SCOTIA HALIFAX	17,824,075	$1.3M	1.21%
15	CMCANADIAN IMPERIAL BANK OF CO	13,589,826	$1.2M	1.14%
16	TSLATESLA INC	25,050	$1.1M	1.03%	Put
17	BNBROOKFIELD CORP	23,031,220	$1.1M	0.97%
18	GOOGLALPHABET INC	32,144	$1.0M	0.92%	Put
19	MUMICRON TECHNOLOGY INC	3,421,800	$974K	0.90%
20	ENBENBRIDGE INC	20,092,123	$958K	0.89%
21	JPMJPMORGAN CHASE & CO.	2,781,327	$894K	0.83%
22	MFCMANULIFE FINL CORP	21,912,877	$793K	0.73%
23	MSFTMICROSOFT CORP	16,059	$774K	0.72%	Put
24	UNHUNITEDHEALTH GROUP INC	2,341,995	$771K	0.71%
25	PLTRPALANTIR TECHNOLOGIES INC	4,138,356	$732K	0.68%
26	NVDANVIDIA CORPORATION	39,086	$725K	0.67%	Put
27	ORCLORACLE CORP	3,513,197	$682K	0.63%
28	COSTCOSTCO WHSL CORP NEW	785,425	$673K	0.62%
29	LLYELI LILLY & CO	624,698	$670K	0.62%
30	AMZNAMAZON COM INC	29,100	$668K	0.62%	Put
31	CNRCANADIAN NATL RY CO	6,710,219	$661K	0.61%
32	AAPLAPPLE INC	23,627	$641K	0.59%	Call
33	AEMAGNICO EAGLE MINES LTD	3,789,835	$637K	0.59%
34	CRCCANADIAN NAT RES LTD	18,566,785	$626K	0.58%
35	TRPTC ENERGY CORP	11,185,873	$612K	0.57%
36	BRK/BBERKSHIRE HATHAWAY INC DEL	1,143,591	$573K	0.53%
37	HONHONEYWELL INTL INC	2,823,098	$549K	0.51%
38	METAMETA PLATFORMS INC	8,228	$542K	0.50%	Put
39	NFLXNETFLIX INC	5,797,396	$540K	0.50%
40	CPCANADIAN PACIFIC KANSAS CITY	7,098,660	$521K	0.48%
41	BCEBCE INC	21,548,119	$511K	0.47%
42	CSCOCISCO SYS INC	6,653,527	$511K	0.47%
43	SUSUNCOR ENERGY INC NEW	11,476,043	$507K	0.47%
44	WMTWALMART INC	4,461,643	$495K	0.46%
45	CTSHCOGNIZANT TECHNOLOGY SOLUTIO	5,771,093	$477K	0.44%
46	MAMASTERCARD INCORPORATED	787,538	$447K	0.41%
47	GEGE AEROSPACE	1,404,061	$430K	0.40%
48	PEPPEPSICO INC	2,967,790	$424K	0.39%
49	ABBVABBVIE INC	1,841,069	$418K	0.39%
50	UNHUNITEDHEALTH GROUP INC	12,212	$403K	0.37%	Put
51	AMDADVANCED MICRO DEVICES INC	1,871,979	$399K	0.37%
52	LIESUN LIFE FINANCIAL INC.	6,318,169	$392K	0.36%
53	WPMWHEATON PRECIOUS METALS CORP	3,300,452	$386K	0.36%
54	JNJJOHNSON & JOHNSON	1,863,268	$384K	0.35%
55	FTSFORTIS INC	7,340,045	$379K	0.35%
56	LRCXLAM RESEARCH CORP	2,176,108	$371K	0.34%
57	RCI/BROGERS COMMUNICATIONS INC	9,807,730	$368K	0.34%
58	WCNWASTE CONNECTIONS INC	2,084,573	$361K	0.33%
59	INTCINTEL CORP	8,845,057	$325K	0.30%
60	VVISA INC	931,321	$325K	0.30%
61	HDHOME DEPOT INC	934,023	$320K	0.30%
62	NTRNUTRIEN LTD	5,177,772	$317K	0.29%
63	QCOMQUALCOMM INC	1,844,858	$314K	0.29%
64	4I1PHILIP MORRIS INTL INC	1,960,300	$312K	0.29%
65	BACBANK AMERICA CORP	5,720,997	$312K	0.29%
66	NDQINVESCO QQQ TR	492,469	$301K	0.28%
67	BKNGBOOKING HOLDINGS INC	56,486	$300K	0.28%
68	SPYSPDR S&P 500 ETF TR	440,801	$299K	0.28%
69	TTELUS CORPORATION	22,896,760	$299K	0.28%
70	MCDMCDONALDS CORP	982,291	$297K	0.27%
71	PGPROCTER AND GAMBLE CO	2,048,089	$290K	0.27%
72	XOMEXXON MOBIL CORP	2,417,791	$288K	0.27%
73	CCOCAMECO CORP	3,070,899	$277K	0.26%
74	SPYSPDR S&P 500 ETF TR	4,025	$273K	0.25%	Put
75	CVXCHEVRON CORP NEW	1,781,632	$270K	0.25%
76	FNVFRANCO NEV CORP	1,299,180	$267K	0.25%
77	GIB/ACGI INC	2,872,610	$263K	0.24%
78	NFLXNETFLIX INC	27,939	$259K	0.24%	Put
79	QSRRESTAURANT BRANDS INTL INC	3,832,184	$257K	0.24%
80	CRMSALESFORCE INC	978,284	$257K	0.24%
81	EQIXEQUINIX INC	337,016	$257K	0.24%
82	AMATAPPLIED MATLS INC	984,682	$252K	0.23%
83	KGCKINROSS GOLD CORP	8,915,840	$250K	0.23%
84	CLSCELESTICA INC	847,154	$249K	0.23%
85	PLTRPALANTIR TECHNOLOGIES INC	13,970	$246K	0.23%	Put
86	DISDISNEY WALT CO	2,140,596	$242K	0.22%
87	GILDGILEAD SCIENCES INC	1,900,061	$231K	0.21%
88	INTUINTUIT	347,502	$228K	0.21%
89	CATCATERPILLAR INC	401,658	$228K	0.21%
90	TSMTAIWAN SEMICONDUCTOR MFG LTD	736,458	$221K	0.20%
91	AMGNAMGEN INC	675,956	$219K	0.20%
92	CVECENOVUS ENERGY INC	12,925,216	$217K	0.20%
93	TRITHOMSON REUTERS CORP	1,662,274	$216K	0.20%
94	IBMINTERNATIONAL BUSINESS MACHS	733,979	$215K	0.20%
95	GOOGLALPHABET INC	6,819	$212K	0.20%	Call
96	MRKMERCK & CO INC	2,007,255	$209K	0.19%
97	ETNEATON CORP PLC	649,280	$205K	0.19%
98	AZNASTRAZENECA PLC	2,236,063	$204K	0.19%
99	JPMJPMORGAN CHASE & CO.	6,400	$204K	0.19%	Call
100	ISRGINTUITIVE SURGICAL INC	360,875	$202K	0.19%

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