National Bank of Canada
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), National Bank of Canada reported 2,478 stock positions worth $88.4 billion. Its top holding was Nvidia (NVDA) at 5.3% of the portfolio, followed by Apple (AAPL, 5.0%) and Microsoft (MSFT, 4.8%). Compared with Q2 2025, it opened 225 new positions, sold out of 343, added to 782 and reduced 1,099. The biggest buy was Broadcom (AVGO, shares +9%) and the biggest sale iShares Core MSCI Eafe ETF (IEFA, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0000926171
- Portfolio Value
- $88.4B (Q3 2025)
- SEC Filing
- 0000926171-25-000015 ↗ filed Nov 14, 2025
Holdings Value
Holdings 2,478 stocks · $88.4B
| NVDA Nvidia Corp. | 5.35% | 25,336,243 | $4.7B | Reduce -20.1% |
| AAPL Apple Inc. | 4.97% | 17,266,110 | $4.4B | Reduce -7.1% |
| MSFT Microsoft Corp. | 4.83% | 8,246,829 | $4.3B | Reduce -10.2% |
| RY Royal Bank of Canada | 3.08% | 18,497,629 | $2.7B | Add +8.5% |
| AMZN Amazon.com Inc. | 2.98% | 11,985,264 | $2.6B | Reduce -12.4% |
| TD Toronto-Dominion Bank | 2.70% | 29,926,767 | $2.4B | Reduce -1.8% |
| AVGO Broadcom Inc. | 2.65% | 7,108,543 | $2.3B | Add +8.7% |
| META Meta Platforms Inc. Class A | 2.24% | 2,693,923 | $2.0B | Add +6.4% |
| GOOGL Alphabet Inc. Class A | 1.84% | 6,680,017 | $1.6B | Reduce -43.8% |
| TSLA Tesla Inc. | 1.72% | 3,420,818 | $1.5B | Reduce -34.9% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.65% | 11,252,157 | $1.5B | Add +9.2% |
| SHOP Shopify Inc. Class A | 1.65% | 9,845,580 | $1.5B | Reduce -5.8% |
| BN Brookfield Corp. | 1.55% | 19,959,079 | $1.4B | Reduce -5.6% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 1.26% | 13,933,600 | $1.1B | Reduce -3.8% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.25% | 17,109,963 | $1.1B | Reduce -10.0% |
| GOOG Alphabet Inc. Class C | 1.16% | 4,201,985 | $1.0B | Reduce -24.3% |
| JPM JPMorgan Chase & Co. | 1.11% | 3,111,933 | $981.5M | Reduce -25.6% |
| UNH Unitedhealth Group Inc. | 1.11% | 2,837,120 | $979.7M | Reduce -12.9% |
| ENB Enbridge Inc. | 1.06% | 18,627,837 | $938.2M | Reduce -13.0% |
| MFC Manulife Financial Corp. | 0.99% | 28,199,696 | $878.2M | Add +3.9% |
| AEM Agnico Eagle Mines Ltd. | 0.85% | 4,485,305 | $752.6M | Reduce -7.2% |
| HON Honeywell International Inc. | 0.76% | 3,190,152 | $671.5M | Add +1.7% |
| MSTR Strategy Inc. | 0.74% | 2,044,804 | $658.9M | Add +260.0% |
| CNI Canadian Natl Railway Co. | 0.74% | 6,912,021 | $651.4M | Reduce -7.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.72% | 1,272,823 | $639.8M | Reduce -29.3% |
| PLTR Palantir Technologies Inc. Class A | 0.72% | 3,477,346 | $634.3M | Add +68.5% |
| CP Canadian Pacific Kansas City | 0.65% | 7,712,399 | $573.3M | Reduce -5.8% |
| TRP TC Energy Corp. | 0.64% | 10,414,629 | $563.9M | Reduce -6.5% |
| COST Costco Wholesale Corp. | 0.63% | 599,620 | $555.0M | Reduce -23.2% |
| CRM Salesforce Inc. | 0.59% | 2,205,672 | $522.7M | Add +55.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.56% | 9,561,268 | $493.2M | Add +25.9% |
| BCE Bce Inc. | 0.54% | 20,519,327 | $479.3M | Reduce -13.1% |
| PEP Pepsico Inc. | 0.51% | 3,237,657 | $454.7M | Add +37.0% |
| LLY Eli Lilly & Co. | 0.51% | 594,235 | $453.4M | Reduce -43.3% |
| ABBV Abbvie Inc. | 0.50% | 1,911,029 | $442.5M | Add +20.1% |
| MA Mastercard Inc. Class A | 0.50% | 770,472 | $438.2M | Reduce -11.5% |
| SLF Sun Life Financial Inc. | 0.49% | 7,197,501 | $431.4M | Add +7.1% |
| WPM Wheaton Precious Metals Corp. | 0.49% | 3,864,380 | $431.0M | Reduce -3.4% |
| WMT Walmart Inc. | 0.47% | 4,033,859 | $415.7M | Add +4.6% |
| CNQ Canadian Natural Resources | 0.46% | 12,776,448 | $408.2M | Reduce -36.0% |
| INTC Intel Corp. | 0.44% | 11,596,029 | $389.0M | Reduce -38.9% |
| BKNG Booking Holdings Inc. | 0.44% | 72,051 | $389.0M | Add +7.8% |
| WCN Waste Connections Inc. | 0.44% | 2,225,667 | $388.8M | Reduce -17.1% |
| CTSH Cognizant Tech Solutions-A | 0.44% | 5,740,282 | $385.0M | Add +10.7% |
| NFLX Netflix Inc. | 0.42% | 313,474 | $375.8M | Add +55.0% |
| AMD Advanced Micro Devices | 0.42% | 2,286,142 | $369.9M | Add +60.6% |
| EQIX Equinix Inc. | 0.40% | 454,467 | $356.0M | Reduce -8.8% |
| FTS Fortis Inc. | 0.40% | 6,999,749 | $353.8M | Reduce -5.9% |
| ORCL Oracle Corp. | 0.39% | 1,235,011 | $347.3M | Add +2.0% |
| AMGN Amgen Inc. | 0.39% | 1,226,372 | $346.1M | Add +240.5% |
| TU Telus Corp. | 0.39% | 21,936,332 | $345.4M | Reduce -19.0% |
| FNV Franco-Nevada Corp. | 0.39% | 1,551,557 | $345.3M | Reduce -9.0% |
| CAT Caterpillar Inc. | 0.39% | 721,792 | $344.4M | Add +40.8% |
| SU Suncor Energy Inc. | 0.38% | 8,125,266 | $339.7M | Reduce -38.2% |
| COIN Coinbase Global Inc. Class A | 0.38% | 995,658 | $336.0M | Add +37.4% |
| CSCO Cisco Systems Inc. | 0.38% | 4,857,295 | $332.3M | Reduce -13.7% |
| LRCX Lam Research Corp. | 0.38% | 2,481,819 | $332.3M | Add +15.1% |
| AMAT Applied Materials Inc. | 0.37% | 1,588,727 | $325.3M | Add +22.8% |
| CCJ Cameco Corp. | 0.36% | 3,855,100 | $321.1M | Reduce -13.5% |
| HD Home Depot Inc. | 0.35% | 771,927 | $312.8M | Reduce -36.5% |
| FISV Fiserv Inc. | 0.35% | 2,375,243 | $306.2M | Add +527.4% |
| QCOM Qualcomm Inc. | 0.34% | 1,821,029 | $302.9M | Add +37.9% |
| RCI Rogers Communications Inc. Class B | 0.33% | 8,522,385 | $293.1M | Reduce -19.8% |
| MU Micron Technology Inc. | 0.33% | 1,735,815 | $290.4M | Add +22.4% |
| PG The Procter & Gamble Co. | 0.32% | 1,866,374 | $286.8M | Reduce -22.7% |
| KGC Kinross Gold Corp. | 0.32% | 11,542,033 | $286.2M | Add +3.0% |
| NTR Nutrien Ltd. | 0.31% | 4,717,240 | $276.0M | Reduce -3.7% |
| TRI Thomson Reuters Corp. | 0.30% | 1,689,432 | $261.6M | Add +15.3% |
| V Visa Inc. Class A | 0.29% | 745,033 | $254.2M | Reduce -16.5% |
| MCD McDonald's Corp. | 0.28% | 823,366 | $250.2M | Reduce -3.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 373,774 | $249.0M | Reduce -39.3% |
| KO The Coca-Cola Co. | 0.28% | 3,669,823 | $243.4M | Add +1.5% |
| GIB Cgi Inc. | 0.27% | 2,684,782 | $238.0M | Add +6.9% |
| CMCSA Comcast Corp. Class A | 0.27% | 7,513,681 | $236.1M | Add +43.8% |
| TMUS T-Mobile US Inc. | 0.26% | 974,604 | $233.3M | Add +6.2% |
| QSR Restaurant Brands Intern | 0.26% | 3,617,810 | $231.5M | Add +1.1% |
| GS Goldman Sachs Group Inc. | 0.26% | 289,396 | $230.4M | Reduce -42.9% |
| CVX Chevron Corp. | 0.25% | 1,448,602 | $225.0M | Add +149.8% |
| INTU Intuit Inc. | 0.25% | 326,799 | $223.2M | Add +3.4% |
| PM Philip Morris International | 0.25% | 1,357,904 | $220.3M | Reduce -17.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.25% | 786,416 | $219.6M | Add +86.1% |
| XOM Exxon Mobil Corp. | 0.24% | 1,845,499 | $208.1M | Reduce -40.5% |
| CAR Avis Budget Group Inc. | 0.23% | 1,290,000 | $207.1M | Add +46.5% |
| JNJ Johnson & Johnson | 0.23% | 1,113,202 | $206.4M | Reduce -56.5% |
| BAM Brookfield Asset Mgmt-A | 0.23% | 3,572,329 | $202.2M | Reduce -19.2% |
| WDAY Workday Inc. Class A | 0.23% | 832,670 | $200.4M | Add +293.7% |
| BLK BlackRock Inc. | 0.22% | 165,791 | $193.3M | Reduce -7.1% |
| UBER Uber Technologies Inc. | 0.22% | 1,959,503 | $191.9M | Reduce -8.0% |
| TECK Teck Resources Ltd.-CLS B | 0.21% | 4,292,587 | $188.1M | Reduce -4.9% |
| ISRG Intuitive Surgical Inc. | 0.21% | 417,266 | $186.6M | Add +11.8% |
| RTX RTX Corp. | 0.21% | 1,112,516 | $186.1M | Reduce -19.6% |
| BIP Brookfield Infrastructure Pa | 0.21% | 5,640,115 | $185.2M | Add +0.3% |
| ADI Analog Devices Inc. | 0.21% | 753,183 | $185.0M | Reduce -12.7% |
| EMA Emera Inc. | 0.20% | 3,755,432 | $179.6M | Reduce -6.0% |
| TXN Texas Instruments Inc. | 0.20% | 975,869 | $179.3M | Add +4.8% |
| BP BP PLC-Spons ADR | 0.20% | 5,193,400 | $179.0M | Add +1.7% |
| GE General Electric filed as GE AEROSPACE | 0.19% | 559,384 | $168.3M | Reduce -54.9% |
| GILD Gilead Sciences Inc. | 0.18% | 1,451,694 | $161.1M | Add +12.8% |
| BSX Boston Scientific Corp. | 0.18% | 1,642,213 | $160.3M | Add +16.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.18% | 1,100,590 | $159.1M | Reduce -13.0% |
Options reported separately and not counted above: STRATEGY INC puts ($861.6M), NVIDIA CORPORATION calls ($737.0M), UNITEDHEALTH GROUP INC puts ($625.1M), AMAZON COM INC puts ($529.3M), STATE STR SPDR S&P 500 ETF T puts ($479.6M), TESLA INC puts ($478.1M), APPLE INC calls ($459.0M), COINBASE GLOBAL INC puts ($377.2M), MICROSOFT CORP calls ($356.6M), VANECK ETF TRUST puts ($267.3M), INTEL CORP puts ($239.7M), ALPHABET INC puts ($226.0M), and 323 more.
Other holdings (14): bonds, preferreds, convertibles and warrants · $4.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 23,759 | $2.2M | Add +220.8% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,598 | $2.0M | Reduce -3.0% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 39 | $50K | No change |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 2,608 | $44K | Reduce -91.3% |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 11,740 | $42K | Add +6.4% |
| PSEWF Paysafe Ltd. -CW26 | *W EXP 03/30/202 | 10,000 | $11K | No change |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 200 | $2K | New |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | 111 | $428 | Add +101.8% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 5 | $261 | Add +66.7% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 10 | $227 | No change |
| MNYWW Moneyhero Ltd.-28 | *W EXP 09/13/202 | 98 | $140 | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 1 | $130 | No change |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 2 | $99 | No change |
| BFLYW Butterfly Network Inc. -CW25 | *W EXP 02/12/202 | 34 | $66 | No change |
Total filed on the 13F, all lines: $88.4B.
Portfolio Sells Q2 2025 → Q3 2025
| IEFA iShares Core MSCI Eafe ETF | Reduce -97.7% | 0.02% | −0.74 |
| GOOGL Alphabet Inc. Class A | Reduce -43.8% | 1.84% | −0.42 |
| LLY Eli Lilly & Co. | Reduce -43.3% | 0.51% | −0.37 |
| IEMG iShares Core MSCI Emerging | Reduce -95.8% | 0.02% | −0.31 |
| HPE Hewlett Packard Enterprise | Reduce -96.9% | 0.01% | −0.30 |
| CCI Crown Castle Inc. | Reduce -81.4% | 0.06% | −0.26 |
| AMZN Amazon.com Inc. | Reduce -12.4% | 2.98% | −0.26 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -29.3% | 0.72% | −0.22 |
| CNQ Canadian Natural Resources | Reduce -36.0% | 0.46% | −0.21 |
| COST Costco Wholesale Corp. | Reduce -23.2% | 0.63% | −0.21 |
| JPM JPMorgan Chase & Co. | Reduce -25.6% | 1.11% | −0.20 |
| JNJ Johnson & Johnson | Reduce -56.5% | 0.23% | −0.19 |
| NOW ServiceNow Inc. | Reduce -64.3% | 0.09% | −0.17 |
| DIS The Walt Disney Co. | Reduce -45.7% | 0.17% | −0.15 |
| GE General Electric | Reduce -54.9% | 0.19% | −0.15 |
| SU Suncor Energy Inc. | Reduce -38.2% | 0.38% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -51.8% | 0.16% | −0.14 |
| TGT Target Corp. | Reduce -72.1% | 0.05% | −0.14 |
| PLD Prologis Inc. | Reduce -79.3% | 0.04% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -39.3% | 0.28% | −0.13 |
| HD Home Depot Inc. | Reduce -36.5% | 0.35% | −0.13 |
| MS Morgan Stanley | Reduce -73.4% | 0.06% | −0.13 |
| GS Goldman Sachs Group Inc. | Reduce -42.9% | 0.26% | −0.13 |
| XOM Exxon Mobil Corp. | Reduce -40.5% | 0.24% | −0.13 |
| PDD PDD Holdings Inc. | Reduce -66.6% | 0.09% | −0.11 |
| C Citigroup Inc. | Reduce -59.3% | 0.12% | −0.11 |
| FTNT Fortinet Inc. | Reduce -76.5% | 0.03% | −0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -99.5% | 0.00% | −0.11 |
| SCHB Schwab US Broad Market ETF | Sold out | 0.00% | −0.10 |
| AEP American Electric Power | Reduce -74.5% | 0.04% | −0.10 |
| WCN Waste Connections Inc. | Reduce -17.1% | 0.44% | −0.10 |
| CNI Canadian Natl Railway Co. | Reduce -7.3% | 0.74% | −0.10 |
| PBA Pembina Pipeline Corp. | Reduce -46.6% | 0.15% | −0.10 |
| MSFT Microsoft Corp. | Reduce -10.2% | 4.83% | −0.10 |
| SPGI S&P Global Inc. | Reduce -63.8% | 0.05% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -22.7% | 0.32% | −0.09 |
| BX Blackstone Inc. | Reduce -52.4% | 0.12% | −0.09 |
| PFE Pfizer Inc. | Reduce -44.1% | 0.14% | −0.09 |
| AXP American Express Co. | Reduce -49.4% | 0.10% | −0.08 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.08 |
| ICE Intercontinental Exchange Inc. | Reduce -67.9% | 0.04% | −0.08 |
| TSLA Tesla Inc. | Reduce -34.9% | 1.72% | −0.08 |
| TU Telus Corp. | Reduce -19.0% | 0.39% | −0.08 |
| PM Philip Morris International | Reduce -17.5% | 0.25% | −0.07 |
| HES Hess Corp. | Sold out | 0.00% | −0.07 |
| SBUX Starbucks Corp. | Reduce -60.3% | 0.05% | −0.07 |
| MP MP Materials Corp. | Reduce -99.6% | 0.00% | −0.07 |
| VCIT Vanguard Int-Term Corporate | Reduce -90.6% | 0.01% | −0.07 |
| VST Vistra Corp. | Reduce -57.4% | 0.06% | −0.07 |
| WFC Wells Fargo & Co. | Reduce -37.4% | 0.15% | −0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| AVGO Broadcom Inc. | Add +8.7% | 2.65% | +0.71 |
| RY Royal Bank of Canada | Add +8.5% | 3.08% | +0.66 |
| MSTR Strategy Inc. | Add +260.0% | 0.74% | +0.50 |
| BMO Bank of Montreal | Add +9.2% | 1.65% | +0.42 |
| PLTR Palantir Technologies Inc. Class A | Add +68.5% | 0.72% | +0.41 |
| AMGN Amgen Inc. | Add +240.5% | 0.39% | +0.28 |
| FISV Fiserv Inc. | Add +527.4% | 0.35% | +0.28 |
| META Meta Platforms Inc. Class A | Add +6.4% | 2.24% | +0.22 |
| AMD Advanced Micro Devices | Add +60.6% | 0.42% | +0.20 |
| ABBV Abbvie Inc. | Add +20.1% | 0.50% | +0.18 |
| PEP Pepsico Inc. | Add +37.0% | 0.51% | +0.18 |
| CAT Caterpillar Inc. | Add +40.8% | 0.39% | +0.17 |
| CRM Salesforce Inc. | Add +55.0% | 0.59% | +0.17 |
| WDAY Workday Inc. Class A | Add +293.7% | 0.23% | +0.17 |
| BAC Bank of America Corp. | Add +25.9% | 0.56% | +0.17 |
| CVX Chevron Corp. | Add +149.8% | 0.25% | +0.16 |
| SJM The JM Smucker Co. | Add +792.7% | 0.17% | +0.16 |
| LRCX Lam Research Corp. | Add +15.1% | 0.38% | +0.15 |
| IBN Icici Bank Ltd.-Spon ADR | Add +18147.4% | 0.15% | +0.15 |
| TSM Taiwan Semiconductor-SP ADR | Add +86.1% | 0.25% | +0.15 |
| MU Micron Technology Inc. | Add +22.4% | 0.33% | +0.14 |
| KGC Kinross Gold Corp. | Add +3.0% | 0.32% | +0.14 |
| NFLX Netflix Inc. | Add +55.0% | 0.42% | +0.13 |
| EEM iShares MSCI Emerging Market | Add +21534.2% | 0.12% | +0.12 |
| QCOM Qualcomm Inc. | Add +37.9% | 0.34% | +0.12 |
| AMAT Applied Materials Inc. | Add +22.8% | 0.37% | +0.11 |
| ORCL Oracle Corp. | Add +2.0% | 0.39% | +0.11 |
| COIN Coinbase Global Inc. Class A | Add +37.4% | 0.38% | +0.11 |
| MO Altria Group Inc. | Add +228.6% | 0.14% | +0.10 |
| QQQ Invesco QQQ Trust Series 1 | Add +2139.5% | 0.11% | +0.10 |
| CRL Charles River Laboratories | Add +117.7% | 0.17% | +0.10 |
| WMB Williams Cos Inc. | Add +104.9% | 0.16% | +0.09 |
| FUTU Futu Holdings Ltd.-ADR | Add +41.4% | 0.16% | +0.08 |
| ANET Arista Networks Inc. | Add +22.1% | 0.18% | +0.08 |
| AZN Astrazeneca PLC-Spons ADR | Add +328.9% | 0.10% | +0.08 |
| GDX Vaneck Gold Miners ETF | Add +47.0% | 0.14% | +0.08 |
| B Barrick Mining Corp. | Add +16.7% | 0.16% | +0.08 |
| CAR Avis Budget Group Inc. | Add +46.5% | 0.23% | +0.07 |
| DLTR Dollar Tree Inc. | Add +341.6% | 0.09% | +0.07 |
| HOOD Robinhood Markets Inc. Class A | Add +285.7% | 0.08% | +0.07 |
| CMCSA Comcast Corp. Class A | Add +43.8% | 0.27% | +0.07 |
| BNY Bank of New York Mellon Corp. | Add +71.6% | 0.12% | +0.06 |
| WMT Walmart Inc. | Add +4.6% | 0.47% | +0.06 |
| CVS CVS Health Corp. | Add +50.4% | 0.15% | +0.06 |
| EMB iShares JP Morgan Usd Emergi | Add +3467.6% | 0.06% | +0.06 |
| MRNA Moderna Inc. | Add +356.8% | 0.08% | +0.06 |
| PWR Quanta Services Inc. | Add +45.8% | 0.15% | +0.06 |
| MFC Manulife Financial Corp. | Add +3.9% | 0.99% | +0.06 |
| GPN Global Payments Inc. | Add +126.9% | 0.10% | +0.06 |
| DTE DTE Energy Company | Add +226.8% | 0.08% | +0.06 |
Options Activity Q2 2025 → Q3 2025
| STRATEGY INC | put | Add +122.8% | 26,741 | $861.6M |
| NVIDIA CORPORATION | call | Add +192.6% | 39,500 | $737.0M |
| UNITEDHEALTH GROUP INC | put | Add +17.6% | 18,103 | $625.1M |
| AMAZON COM INC | put | Add +255.6% | 24,107 | $529.3M |
| STATE STR SPDR S&P 500 ETF T | put | Add +3412.2% | 7,200 | $479.6M |
| TESLA INC | put | Reduce -65.3% | 10,750 | $478.1M |
| APPLE INC | call | New | 18,025 | $459.0M |
| COINBASE GLOBAL INC | put | Reduce -61.3% | 11,177 | $377.2M |
| MICROSOFT CORP | call | Add +150.3% | 6,884 | $356.6M |
| VANECK ETF TRUST | put | Reduce -20.0% | 34,982 | $267.3M |
| INTEL CORP | put | Reduce -47.6% | 71,454 | $239.7M |
| ALPHABET INC | put | Reduce -79.0% | 9,290 | $226.0M |
| ALPHABET INC | call | Add +1727.6% | 9,138 | $222.5M |
| PALANTIR TECHNOLOGIES INC | call | Sold out | 15,960 | $217.6Mbefore exit |
| APPLE INC | put | Add +233.6% | 7,854 | $200.0M |
| TESLA INC | call | Reduce -52.5% | 4,211 | $187.3M |
| SUPER MICRO COMPUTER INC | put | Add +994.2% | 38,011 | $182.2M |
| VANECK ETF TRUST | call | New | 21,982 | $167.9M |
| SUPER MICRO COMPUTER INC | call | New | 35,000 | $167.8M |
| MICROSOFT CORP | put | Add +0.4% | 2,760 | $143.0M |
| JPMORGAN CHASE & CO | call | New | 4,150 | $130.9M |
| BANK MONTREAL MEDIUM | call | Add +17.0% | 9,319 | $121.4M |
| RTX CORPORATION | call | Add +83.1% | 6,410 | $107.3M |
| PALANTIR TECHNOLOGIES INC | put | Reduce -50.9% | 5,733 | $104.6M |
| NVIDIA CORPORATION | put | Reduce -88.7% | 5,537 | $103.3M |
| ROYAL BK CDA | call | Reduce -25.7% | 6,864 | $101.2M |
| ENBRIDGE INC | call | Add +169.4% | 18,888 | $95.3M |
| JPMORGAN CHASE & CO | put | Reduce -53.1% | 3,000 | $94.6M |
| GE AEROSPACE | call | New | 3,080 | $92.7M |
| CANADIAN IMPERIAL BANK OF CO | call | Reduce -22.8% | 11,472 | $91.7M |
| EXXON MOBIL CORP | call | New | 7,750 | $87.4M |
| INTUIT | call | Sold out | 1,094 | $86.2Mbefore exit |
| RTX CORPORATION | put | Add +27.0% | 5,081 | $85.0M |
| CHEVRON CORPORATION | call | Sold out | 5,900 | $84.5Mbefore exit |
| AMGEN INC | call | Sold out | 2,950 | $82.4Mbefore exit |
| TC ENERGY CORP | call | Add +183.2% | 15,047 | $81.8M |
| JOHNSON & JOHNSON | call | New | 4,380 | $81.2M |
| BANK NOVA SCOTIA B C | call | Add +12.8% | 12,378 | $80.0M |
| APPLIED MATLS INC | call | New | 3,840 | $78.6M |
| ELI LILLY & CO | put | Reduce -76.0% | 972 | $74.2M |
| MODERNA INC | put | Add +236.2% | 28,468 | $73.5M |
| ADVANCED MICRO DEVICES INC | put | Add +81.0% | 4,525 | $73.2M |
| PFIZER INC | put | Sold out | 29,495 | $71.5Mbefore exit |
| COINBASE GLOBAL INC | call | Reduce -90.1% | 2,100 | $70.9M |
| MORGAN STANLEY | call | New | 4,400 | $69.9M |
| APPLOVIN CORP | call | Add +100.0% | 940 | $67.5M |
| VERIZON COMMUNICATIONS INC | call | Add +411.1% | 15,333 | $67.4M |
| GOLDMAN SACHS GROUP INC | call | New | 844 | $67.2M |
| SNOWFLAKE INC | put | Sold out | 3,000 | $67.1Mbefore exit |
| KLA CORP | call | Reduce -3.2% | 610 | $65.8M |
Showing the first 50 of 433.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +220.8% | 23,759 | $2.2M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -3.0% | 1,598 | $2.0M |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | Reduce -91.3% | 2,608 | $44K |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | Add +6.4% | 11,740 | $42K |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | New | 200 | $2K |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | Sold out | 417 | $913before exit |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | Add +101.8% | 111 | $428 |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +66.7% | 5 | $261 |
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 |