National Bank of Canada
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), National Bank of Canada reported 2,491 stock positions worth $85.3 billion. Its top holding was Nvidia (NVDA) at 4.9% of the portfolio, followed by Microsoft (MSFT, 4.6%) and Apple (AAPL, 3.9%). Compared with Q4 2024, it opened 246 new positions, sold out of 268, added to 956 and reduced 877. The biggest buy was Apple (AAPL, shares +96%) and the biggest sale Alphabet Class A (GOOGL, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0000926171
- Portfolio Value
- $85.3B (Q1 2025)
- SEC Filing
- 0000926171-25-000005 ↗ filed May 12, 2025
Holdings Value
Holdings 2,491 stocks · $85.3B
| NVDA Nvidia Corp. | 4.89% | 38,441,050 | $4.2B | Add +21.8% |
| MSFT Microsoft Corp. | 4.58% | 10,404,769 | $3.9B | Add +37.9% |
| AAPL Apple Inc. | 3.94% | 15,131,546 | $3.4B | Add +96.1% |
| AMZN Amazon.com Inc. | 2.56% | 11,488,472 | $2.2B | Add +77.9% |
| RY Royal Bank of Canada | 2.46% | 18,638,303 | $2.1B | Add +2.1% |
| TSLA Tesla Inc. | 2.24% | 7,374,913 | $1.9B | Add +307.7% |
| TD Toronto-Dominion Bank | 2.20% | 31,320,826 | $1.9B | Add +9.5% |
| META Meta Platforms Inc. Class A | 1.80% | 2,655,590 | $1.5B | Add +37.6% |
| GOOGL Alphabet Inc. Class A | 1.77% | 9,773,927 | $1.5B | Reduce -12.5% |
| AVGO Broadcom Inc. | 1.58% | 8,021,810 | $1.3B | Add +78.2% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.46% | 13,036,781 | $1.2B | Reduce -5.2% |
| JPM JPMorgan Chase & Co. | 1.30% | 4,518,740 | $1.1B | Add +44.4% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.24% | 22,228,914 | $1.1B | Add +19.3% |
| GOOG Alphabet Inc. Class C | 1.18% | 6,465,084 | $1.0B | Add +2.0% |
| BN Brookfield Corp. | 1.17% | 19,044,117 | $995.8M | Reduce -0.9% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 1.12% | 16,932,211 | $950.8M | Add +20.1% |
| SHOP Shopify Inc. Class A | 1.02% | 9,180,345 | $870.2M | Add +5.5% |
| UNH Unitedhealth Group Inc. | 1.01% | 1,641,177 | $859.5M | Add +137.8% |
| MFC Manulife Financial Corp. | 0.99% | 27,031,961 | $842.0M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.97% | 1,549,362 | $825.5M | Add +49.0% |
| COST Costco Wholesale Corp. | 0.90% | 812,188 | $768.1M | Add +84.4% |
| HON Honeywell International Inc. | 0.90% | 3,605,394 | $763.4M | Add +19.7% |
| CNI Canadian Natl Railway Co. | 0.86% | 7,579,624 | $736.3M | Reduce -2.3% |
| HD Home Depot Inc. | 0.78% | 1,808,369 | $662.7M | Add +144.1% |
| CRM Salesforce Inc. | 0.69% | 2,184,827 | $586.3M | Add +58.7% |
| ENB Enbridge Inc. | 0.68% | 13,057,617 | $576.5M | Reduce -32.1% |
| CP Canadian Pacific Kansas City | 0.67% | 8,137,330 | $570.1M | Reduce -3.7% |
| BKNG Booking Holdings Inc. | 0.64% | 118,548 | $546.1M | Add +15.4% |
| WCN Waste Connections Inc. | 0.64% | 2,802,174 | $541.4M | Reduce -4.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.63% | 12,775,062 | $533.1M | Add +16.7% |
| CNQ Canadian Natural Resources | 0.61% | 16,841,078 | $517.9M | Add +18.5% |
| V Visa Inc. Class A | 0.59% | 1,438,767 | $504.2M | Add +131.0% |
| MA Mastercard Inc. Class A | 0.59% | 915,668 | $501.8M | Add +55.2% |
| BCE Bce Inc. | 0.58% | 21,680,890 | $497.1M | Add +22.5% |
| TRP TC Energy Corp. | 0.57% | 10,259,098 | $483.7M | Reduce -2.8% |
| AEM Agnico Eagle Mines Ltd. | 0.55% | 4,315,394 | $466.8M | Add +7.5% |
| WMT Walmart Inc. | 0.52% | 5,043,482 | $442.8M | Add +56.5% |
| PEP Pepsico Inc. | 0.51% | 2,916,461 | $437.3M | Add +65.5% |
| LLY Eli Lilly & Co. | 0.50% | 520,330 | $429.7M | Reduce -11.8% |
| TU Telus Corp. | 0.50% | 29,864,269 | $428.1M | Add +11.6% |
| CCI Crown Castle Inc. | 0.49% | 3,995,929 | $416.5M | Reduce -31.0% |
| NKE Nike Inc. Class B | 0.49% | 6,554,637 | $416.1M | Add +261.4% |
| CTSH Cognizant Tech Solutions-A | 0.45% | 5,005,802 | $382.9M | Reduce -11.2% |
| PG The Procter & Gamble Co. | 0.45% | 2,241,099 | $381.9M | Add +13.7% |
| CSCO Cisco Systems Inc. | 0.44% | 6,125,754 | $378.0M | Reduce -19.6% |
| NFLX Netflix Inc. | 0.42% | 385,158 | $359.2M | Add +80.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.42% | 2,158,518 | $358.3M | Add +86.4% |
| MU Micron Technology Inc. | 0.42% | 4,075,029 | $354.1M | Reduce -50.4% |
| PM Philip Morris International | 0.40% | 2,138,237 | $339.4M | Add +41.8% |
| WFC Wells Fargo & Co. | 0.39% | 4,576,205 | $328.5M | Add +134.0% |
| COIN Coinbase Global Inc. Class A | 0.38% | 1,895,383 | $326.4M | Add +361.9% |
| EQIX Equinix Inc. | 0.38% | 394,223 | $321.4M | Add +170.9% |
| TRI Thomson Reuters Corp. | 0.37% | 1,841,955 | $316.3M | Reduce -1.0% |
| FTS Fortis Inc. | 0.37% | 6,851,549 | $311.3M | Add +15.9% |
| GIB Cgi Inc. | 0.36% | 3,112,721 | $310.0M | Add +2.3% |
| JNJ Johnson & Johnson | 0.36% | 1,861,828 | $308.8M | Reduce -31.9% |
| DASH DoorDash Inc. Class A | 0.36% | 1,669,418 | $305.1M | Add +563.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.34% | 525,033 | $293.6M | Add +3.1% |
| SLF Sun Life Financial Inc. | 0.34% | 5,129,117 | $293.0M | Reduce -8.4% |
| MRK Merck & Co. Inc. | 0.34% | 3,249,992 | $291.7M | Reduce -29.3% |
| INTC Intel Corp. | 0.33% | 12,420,125 | $282.1M | Reduce -17.6% |
| WPM Wheaton Precious Metals Corp. | 0.33% | 3,647,653 | $281.0M | Reduce -3.1% |
| SU Suncor Energy Inc. | 0.33% | 7,251,569 | $280.4M | Reduce -58.3% |
| KO The Coca-Cola Co. | 0.33% | 3,881,716 | $278.0M | Reduce -16.7% |
| PGR Progressive Corp. | 0.32% | 959,808 | $271.6M | Add +5.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 3,509,149 | $265.4M | Add +308.9% |
| ABBV Abbvie Inc. | 0.31% | 1,258,353 | $263.7M | Reduce -12.1% |
| QSR Restaurant Brands Intern | 0.31% | 3,971,981 | $263.2M | Add +6.8% |
| ADI Analog Devices Inc. | 0.30% | 1,265,440 | $255.2M | Add +52.5% |
| FNV Franco-Nevada Corp. | 0.30% | 1,602,784 | $251.8M | Add +2.1% |
| HPE Hewlett Packard Enterprise | 0.29% | 16,279,442 | $251.2M | Add +1369.1% |
| INTU Intuit Inc. | 0.29% | 409,005 | $251.1M | Add +74.7% |
| T AT&T Inc. | 0.29% | 8,854,926 | $250.4M | Add +47.9% |
| PFE Pfizer Inc. | 0.29% | 9,764,443 | $247.4M | Reduce -15.5% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 497,048 | $247.3M | Add +35.0% |
| RCI Rogers Communications Inc. Class B | 0.28% | 9,065,686 | $241.8M | Add +24.1% |
| PBA Pembina Pipeline Corp. | 0.28% | 5,953,871 | $237.9M | Add +18.2% |
| IBN Icici Bank Ltd.-Spon ADR | 0.28% | 7,490,900 | $236.1M | Add +69.0% |
| HDB HDFC Bank Ltd.-ADR | 0.27% | 3,483,173 | $231.4M | Add +81.3% |
| GS Goldman Sachs Group Inc. | 0.27% | 418,558 | $228.6M | Add +38.2% |
| NTR Nutrien Ltd. | 0.27% | 4,617,710 | $228.4M | Reduce -2.9% |
| XOM Exxon Mobil Corp. | 0.26% | 1,892,652 | $225.1M | Reduce -35.3% |
| IEI iShares 3-7 Year Treasury Bo | 0.26% | 1,892,895 | $223.6M | Add +56.2% |
| ORCL Oracle Corp. | 0.26% | 1,586,824 | $221.9M | Add +82.3% |
| SHW The Sherwin-Williams Co. | 0.25% | 615,375 | $214.9M | Add +224.5% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.25% | 744,688 | $214.7M | Reduce -59.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 2,164,295 | $213.6M | Add +50.4% |
| C Citigroup Inc. | 0.24% | 2,892,391 | $205.3M | Add +189.4% |
| RTX RTX Corp. | 0.23% | 1,500,276 | $198.7M | Reduce -31.7% |
| B Barrick Gold Corp. | 0.23% | 10,170,136 | $197.0M | Reduce -51.5% |
| CMCSA Comcast Corp. Class A | 0.23% | 5,211,748 | $192.3M | Add +88.5% |
| AEP American Electric Power | 0.22% | 1,743,528 | $190.5M | Add +49.3% |
| FXI iShares China Large-Cap ETF | 0.22% | 5,285,334 | $189.4M | Add +55.5% |
| QCOM Qualcomm Inc. | 0.22% | 1,231,548 | $189.2M | Reduce -21.9% |
| CRH CRH PLC | 0.22% | 2,137,182 | $187.9M | Add +124.6% |
| GILD Gilead Sciences Inc. | 0.21% | 1,626,250 | $182.2M | Add +7.1% |
| BX Blackstone Inc. | 0.21% | 1,270,233 | $177.5M | Add +138.0% |
| CCJ Cameco Corp. | 0.21% | 4,325,682 | $176.5M | Reduce -2.1% |
| BP BP PLC-Spons ADR | 0.20% | 5,158,487 | $174.3M | Add +48.9% |
| NEE Nextera Energy Inc. | 0.20% | 2,444,464 | $173.3M | Add +13.7% |
Options reported separately and not counted above: TESLA INC puts ($863.0M), APPLE INC calls ($668.4M), NVIDIA CORPORATION puts ($577.3M), STATE STR SPDR S&P 500 ETF T puts ($391.9M), APPLE INC puts ($341.1M), AMAZON COM INC puts ($298.3M), MICROSOFT CORP puts ($283.4M), DOORDASH INC puts ($274.2M), TAIWAN SEMICONDUCTOR MANUFAC puts ($232.4M), COINBASE GLOBAL INC puts ($230.9M), MICRON TECHNOLOGY INC puts ($214.7M), STRATEGY INC puts ($201.8M), and 314 more.
Other holdings (13): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,375 | $1.6M | Add +0.4% |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 29,906 | $416K | Add +0.2% |
| Colombier Acquisition - 29 | *W EXP 11/24/202 | 10,000 | $107K | Add +100.0% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 39 | $48K | No change |
| PSEWF Paysafe Ltd. -CW26 | *W EXP 03/30/202 | 10,000 | $13K | No change |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 148 | $13K | No change |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 567 | $3K | Add +490.6% |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 417 | $976 | No change |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | 132 | $190 | Reduce -76.0% |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 1 | $136 | New |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 2 | $96 | No change |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | 34 | $78 | No change |
| MNYWW Moneyhero Ltd.-28 | *W EXP 09/13/202 | 98 | $78 | No change |
Total filed on the 13F, all lines: $85.3B.
Portfolio Sells Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Reduce -12.5% | 1.77% | −0.96 |
| MU Micron Technology Inc. | Reduce -50.4% | 0.42% | −0.48 |
| SU Suncor Energy Inc. | Reduce -58.3% | 0.33% | −0.47 |
| MSTR Strategy Inc. | Reduce -59.0% | 0.25% | −0.43 |
| ENB Enbridge Inc. | Reduce -32.1% | 0.68% | −0.38 |
| AMD Advanced Micro Devices | Reduce -47.9% | 0.19% | −0.29 |
| BMO Bank of Montreal | Reduce -5.2% | 1.46% | −0.27 |
| BN Brookfield Corp. | Reduce -0.9% | 1.17% | −0.26 |
| MRK Merck & Co. Inc. | Reduce -29.3% | 0.34% | −0.25 |
| XLF SS Financial Select Sector | Reduce -61.0% | 0.14% | −0.24 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -82.8% | 0.04% | −0.23 |
| CCI Crown Castle Inc. | Reduce -31.0% | 0.49% | −0.19 |
| B Barrick Gold Corp. | Reduce -51.5% | 0.23% | −0.19 |
| ADBE Adobe Inc. | Reduce -42.7% | 0.14% | −0.17 |
| MPC Marathon Petroleum Corp. | Reduce -81.5% | 0.04% | −0.17 |
| MDT Medtronic PLC | Reduce -55.6% | 0.14% | −0.17 |
| BAM Brookfield Asset Mgmt-A | Reduce -45.4% | 0.13% | −0.16 |
| CNI Canadian Natl Railway Co. | Reduce -2.3% | 0.86% | −0.16 |
| IBM Intl Business Machines Corp. | Reduce -53.7% | 0.14% | −0.15 |
| JNJ Johnson & Johnson | Reduce -31.9% | 0.36% | −0.15 |
| MDLZ Mondelez International Inc. Class A | Reduce -82.8% | 0.03% | −0.15 |
| XOM Exxon Mobil Corp. | Reduce -35.3% | 0.26% | −0.14 |
| CSCO Cisco Systems Inc. | Reduce -19.6% | 0.44% | −0.14 |
| MCD McDonald's Corp. | Reduce -49.3% | 0.14% | −0.14 |
| UBS UBS Group AG-Reg | Reduce -96.4% | 0.00% | −0.14 |
| BABA Alibaba Group Holding-SP ADR | Reduce -90.7% | 0.02% | −0.13 |
| GM General Motors Co. | Reduce -44.3% | 0.10% | −0.13 |
| CP Canadian Pacific Kansas City | Reduce -3.7% | 0.67% | −0.12 |
| KLAC KLA Corp. | Reduce -40.3% | 0.17% | −0.12 |
| DELL Dell Technologies -C | Reduce -63.9% | 0.04% | −0.11 |
| SBUX Starbucks Corp. | Reduce -75.4% | 0.04% | −0.11 |
| PSX Phillips 66 | Reduce -67.1% | 0.05% | −0.11 |
| CTSH Cognizant Tech Solutions-A | Reduce -11.2% | 0.45% | −0.11 |
| ROP Roper Technologies Inc. | Reduce -62.3% | 0.07% | −0.11 |
| LUV Southwest Airlines Co. | Reduce -87.0% | 0.01% | −0.11 |
| PFE Pfizer Inc. | Reduce -15.5% | 0.29% | −0.11 |
| BMY Bristol-Myers Squibb Co. | Reduce -54.2% | 0.09% | −0.11 |
| AMGN Amgen Inc. | Reduce -61.5% | 0.08% | −0.10 |
| BHC Bausch Health Cos Inc. | Reduce -51.3% | 0.06% | −0.10 |
| VST Vistra Corp. | Reduce -59.0% | 0.05% | −0.10 |
| AMAT Applied Materials Inc. | Reduce -21.4% | 0.18% | −0.10 |
| OXY Occidental Petroleum Corp. | Reduce -89.7% | 0.01% | −0.10 |
| TT Trane Technologies PLC | Reduce -33.6% | 0.12% | −0.10 |
| GE General Electric | Reduce -47.0% | 0.13% | −0.10 |
| MFC Manulife Financial Corp. | Reduce -0.8% | 0.99% | −0.10 |
| RTX RTX Corp. | Reduce -31.7% | 0.23% | −0.10 |
| PDD PDD Holdings Inc. | Reduce -73.4% | 0.04% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -21.9% | 0.22% | −0.09 |
| HUM Humana Inc. | Reduce -53.2% | 0.07% | −0.09 |
| FDX FedEx Corp. | Reduce -46.0% | 0.07% | −0.09 |
Portfolio Buys Q4 2024 → Q1 2025
| AAPL Apple Inc. | Add +96.1% | 3.94% | +1.44 |
| TSLA Tesla Inc. | Add +307.7% | 2.24% | +1.30 |
| AMZN Amazon.com Inc. | Add +77.9% | 2.56% | +0.73 |
| UNH Unitedhealth Group Inc. | Add +137.8% | 1.01% | +0.56 |
| MSFT Microsoft Corp. | Add +37.9% | 4.58% | +0.47 |
| HD Home Depot Inc. | Add +144.1% | 0.78% | +0.40 |
| COST Costco Wholesale Corp. | Add +84.4% | 0.90% | +0.38 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +49.0% | 0.97% | +0.36 |
| V Visa Inc. Class A | Add +131.0% | 0.59% | +0.34 |
| META Meta Platforms Inc. Class A | Add +37.6% | 1.80% | +0.33 |
| JPM JPMorgan Chase & Co. | Add +44.4% | 1.30% | +0.33 |
| NKE Nike Inc. Class B | Add +261.4% | 0.49% | +0.31 |
| DASH DoorDash Inc. Class A | Add +563.4% | 0.36% | +0.30 |
| HPE Hewlett Packard Enterprise | Add +1369.1% | 0.29% | +0.26 |
| COIN Coinbase Global Inc. Class A | Add +361.9% | 0.38% | +0.25 |
| IEFA iShares Core MSCI Eafe ETF | Add +308.9% | 0.31% | +0.23 |
| TD Toronto-Dominion Bank | Add +9.5% | 2.20% | +0.23 |
| AVGO Broadcom Inc. | Add +78.2% | 1.58% | +0.22 |
| WFC Wells Fargo & Co. | Add +134.0% | 0.39% | +0.21 |
| EQIX Equinix Inc. | Add +170.9% | 0.38% | +0.20 |
| MA Mastercard Inc. Class A | Add +55.2% | 0.59% | +0.19 |
| NFLX Netflix Inc. | Add +80.4% | 0.42% | +0.18 |
| SHW The Sherwin-Williams Co. | Add +224.5% | 0.25% | +0.17 |
| IEMG iShares Core MSCI Emerging | Add +999.5% | 0.19% | +0.17 |
| PEP Pepsico Inc. | Add +65.5% | 0.51% | +0.17 |
| PM Philip Morris International | Add +41.8% | 0.40% | +0.16 |
| C Citigroup Inc. | Add +189.4% | 0.24% | +0.15 |
| WMT Walmart Inc. | Add +56.5% | 0.52% | +0.14 |
| AEM Agnico Eagle Mines Ltd. | Add +7.5% | 0.55% | +0.14 |
| CEG Constellation Energy | Add +350.3% | 0.18% | +0.13 |
| HLT Hilton Worldwide Holdings Inc. | Add +423.2% | 0.17% | +0.13 |
| TSM Taiwan Semiconductor-SP ADR | Add +86.4% | 0.42% | +0.12 |
| T AT&T Inc. | Add +47.9% | 0.29% | +0.12 |
| HDB HDFC Bank Ltd.-ADR | Add +81.3% | 0.27% | +0.11 |
| COP Conocophillips | Add +139.9% | 0.19% | +0.11 |
| CRH CRH PLC | Add +124.6% | 0.22% | +0.11 |
| IBN Icici Bank Ltd.-Spon ADR | Add +69.0% | 0.28% | +0.11 |
| INTU Intuit Inc. | Add +74.7% | 0.29% | +0.10 |
| GDDY GoDaddy Inc. Class A | Add +719.5% | 0.11% | +0.10 |
| PNC PNC Financial Services Group | Add +157.1% | 0.18% | +0.09 |
| EA Electronic Arts Inc. | Add +123.4% | 0.19% | +0.09 |
| CRM Salesforce Inc. | Add +58.7% | 0.69% | +0.09 |
| CMCSA Comcast Corp. Class A | Add +88.5% | 0.23% | +0.09 |
| BX Blackstone Inc. | Add +138.0% | 0.21% | +0.09 |
| FXI iShares China Large-Cap ETF | Add +55.5% | 0.22% | +0.09 |
| HES Hess Corp. | Add +136.8% | 0.14% | +0.09 |
| AEP American Electric Power | Add +49.3% | 0.22% | +0.08 |
| MCK McKesson Corp. | Add +129.8% | 0.14% | +0.08 |
| TXN Texas Instruments Inc. | Add +111.9% | 0.18% | +0.08 |
| IEI iShares 3-7 Year Treasury Bo | Add +56.2% | 0.26% | +0.08 |
Options Activity Q4 2024 → Q1 2025
| TESLA INC | put | Add +2106.6% | 33,298 | $863.0M |
| APPLE INC | call | Reduce -57.4% | 30,092 | $668.4M |
| NVIDIA CORPORATION | put | Reduce -42.0% | 53,269 | $577.3M |
| STATE STR SPDR S&P 500 ETF T | put | Add +1919.0% | 7,006 | $391.9M |
| ALPHABET INC | call | Sold out | 18,495 | $351.1Mbefore exit |
| APPLE INC | put | Add +3252.4% | 15,354 | $341.1M |
| AMAZON COM INC | put | Add +70.4% | 15,680 | $298.3M |
| MICROSOFT CORP | put | Reduce -58.1% | 7,550 | $283.4M |
| DOORDASH INC | put | Add +743.2% | 15,000 | $274.2M |
| AMAZON COM INC | call | Sold out | 11,653 | $255.7Mbefore exit |
| TAIWAN SEMICONDUCTOR MANUFAC | put | Add +1186.8% | 14,000 | $232.4M |
| COINBASE GLOBAL INC | put | Add +235.2% | 13,409 | $230.9M |
| MICRON TECHNOLOGY INC | put | Reduce -55.4% | 24,707 | $214.7M |
| STRATEGY INC | put | Reduce -62.6% | 7,000 | $201.8M |
| INTEL CORP | put | Reduce -57.3% | 85,671 | $194.6M |
| VANECK ETF TRUST | put | Add +18.3% | 40,100 | $184.3M |
| BOOKING HOLDINGS INC | put | Reduce -17.4% | 400 | $184.3M |
| ALPHABET INC | put | Reduce -55.7% | 11,695 | $181.0M |
| ASML HLDG NV | put | Sold out | 2,589 | $179.4Mbefore exit |
| EXXON MOBIL CORP | call | Add +275.0% | 15,000 | $178.4M |
| TESLA INC | call | Add +22.5% | 6,700 | $173.6M |
| ELI LILLY & CO | call | New | 2,000 | $165.2M |
| NIKE INC | put | Add +127.8% | 23,129 | $146.8M |
| SERVICENOW INC | put | Sold out | 1,270 | $134.6Mbefore exit |
| CHEVRON CORPORATION | call | Add +110.5% | 8,000 | $133.8M |
| HOME DEPOT INC | call | Sold out | 3,325 | $129.3Mbefore exit |
| NETFLIX INC. | call | Sold out | 1,338 | $119.3Mbefore exit |
| JOHNSON & JOHNSON | call | Add +968.9% | 7,055 | $117.0M |
| MICROSOFT CORP | call | Reduce -84.5% | 3,000 | $112.6M |
| TARGET CORP | put | Reduce -25.3% | 10,734 | $112.0M |
| PFIZER INC | put | Reduce -40.5% | 40,505 | $102.6M |
| HILTON WORLDWIDE HLDGS INC | put | New | 4,405 | $100.2M |
| BP PLC | put | Sold out | 33,051 | $97.7Mbefore exit |
| NVIDIA CORPORATION | call | Reduce -54.0% | 9,003 | $97.6M |
| DELL TECHNOLOGIES INC | put | Sold out | 8,384 | $96.6Mbefore exit |
| HONEYWELL INTL INC | put | Add +105.7% | 4,500 | $95.3M |
| HUMANA INC | put | Sold out | 3,614 | $91.7Mbefore exit |
| CITIGROUP INC | call | Sold out | 12,936 | $91.1Mbefore exit |
| CONSTELLATION ENERGY CORP | put | New | 4,500 | $90.7M |
| COSTCO WHOLESALE CORPORATION | call | Sold out | 900 | $82.5Mbefore exit |
| ADOBE INC | call | New | 2,025 | $77.7M |
| QUALCOMM INC | call | Add +132.6% | 5,000 | $76.8M |
| OCCIDENTAL PETE CORP | put | Sold out | 15,056 | $74.4Mbefore exit |
| FEDEX CORP | put | Sold out | 2,644 | $74.4Mbefore exit |
| VERIZON COMMUNICATIONS INC | call | Add +433.3% | 16,000 | $72.6M |
| ADVANCED MICRO DEVICES INC | put | Reduce -86.7% | 7,000 | $71.9M |
| SALESFORCE INC | put | Sold out | 2,119 | $70.9Mbefore exit |
| BOEING CO | put | Reduce -60.0% | 4,000 | $68.2M |
| BOEING CO | call | Add +69.3% | 4,000 | $68.2M |
| UBER TECHNOLOGIES INC | call | New | 9,000 | $65.6M |
Showing the first 50 of 463.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.4% | 1,375 | $1.6M |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | Add +0.2% | 29,906 | $416K |
| Colombier Acquisition - 29 | *W EXP 11/24/202 | Add +100.0% | 10,000 | $107K |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | Add +490.6% | 567 | $3K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Sold out | 34 | $2Kbefore exit |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | Reduce -76.0% | 132 | $190 |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | New | 1 | $136 |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | Sold out | 7 | $13before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,770 | $114.2B | NVDA, MSFT, GOOGL, MU, AAPL |
| Q1 2026 | 2,621 | $97.7B | NVDA, AAPL, MSFT, GOOGL, RY |
| Q4 2025 | 2,563 | $97.4B | NVDA, MSFT, AAPL, GOOGL, RY |
| Q3 2025 | 2,478 | $88.4B | NVDA, AAPL, MSFT, RY, AMZN |
| Q2 2025Amended | 2,597 | $92.7B | NVDA, MSFT, AAPL, AMZN, RY |
| Q1 2025 | 2,491 | $85.3B | NVDA, MSFT, AAPL, AMZN, RY |
| Q4 2024 | 2,512 | $77.3B | NVDA, MSFT, RY, GOOGL, AAPL |
| Q3 2024Amended | 2,531 | $75.1B | NVDA, MSFT, AAPL, RY, TD |
| Q2 2024 | 2,530 | $64.2B | NVDA, MSFT, AAPL, RY, AMZN |
| Q1 2024 | 2,518 | $57.9B | AAPL, MSFT, NVDA, AMZN, RY |