NatWest Group plc
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), NatWest Group plc reported 32 stock positions worth $338.2 million. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Meta Platforms Class A (META, 5.5%) and Nvidia (NVDA, 5.4%). Compared with Q1 2025, it opened 4 new positions, sold out of 6, added to 7 and reduced 19. The biggest buy was a new position in Uber Technologies (UBER) and the biggest sale an exit from Apple (AAPL).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, SCOTLAND, X0
- CIK
- 0000844150
- Portfolio Value
- $338.2M (Q2 2025)
- SEC Filing
- 0000844150-25-000010 ↗ filed Jul 31, 2025
Holdings Value
Holdings 32 stocks · $338.2M
| MSFT Microsoft Corp. | 6.44% | 43,758 | $21.8M | Add +31.8% |
| META Meta Platforms Inc. Class A | 5.50% | 25,182 | $18.6M | Reduce -1.8% |
| NVDA Nvidia Corp. | 5.37% | 114,983 | $18.2M | Reduce -7.3% |
| NFLX Netflix Inc. | 5.26% | 13,275 | $17.8M | Reduce -7.6% |
| CME Cme Group Inc. | 4.89% | 60,001 | $16.5M | No change |
| V Visa Inc. Class A | 4.79% | 45,660 | $16.2M | Add +43.8% |
| GOOGL Alphabet Inc. Class A | 4.62% | 88,587 | $15.6M | Add +57.7% |
| AVGO Broadcom Inc. | 4.30% | 52,750 | $14.5M | Add +93.8% |
| WFC Wells Fargo & Co. | 4.15% | 175,342 | $14.0M | Reduce -2.8% |
| EBAY eBay Inc. | 4.06% | 184,512 | $13.7M | Reduce -15.1% |
| GILD Gilead Sciences Inc. | 4.05% | 123,466 | $13.7M | Add +2.5% |
| COST Costco Wholesale Corp. | 4.01% | 13,707 | $13.6M | Reduce -10.7% |
| BKNG Booking Holdings Inc. | 3.60% | 2,105 | $12.2M | Reduce -3.4% |
| CTAS Cintas Corp. | 3.47% | 52,717 | $11.7M | Reduce -20.9% |
| UBER Uber Technologies Inc. | 3.19% | 115,591 | $10.8M | New |
| RCL Royal Caribbean Cruises Ltd. | 3.12% | 33,674 | $10.5M | New |
| INTU Intuit Inc. | 3.09% | 13,288 | $10.5M | New |
| KLAC KLA Corp. | 2.97% | 11,230 | $10.1M | New |
| JPM JPMorgan Chase & Co. | 2.71% | 31,617 | $9.2M | Reduce -48.7% |
| HWM Howmet Aerospace Inc. | 2.69% | 48,804 | $9.1M | Reduce -32.9% |
| IVV iShares Core S&P 500 ETF | 2.57% | 13,975 | $8.7M | Reduce -0.1% |
| MCO Moody's Corp. | 2.45% | 16,548 | $8.3M | Reduce -25.2% |
| NRG NRG Energy Inc. | 2.29% | 48,150 | $7.7M | Reduce -48.3% |
| KR Kroger Co. | 2.14% | 100,816 | $7.2M | Add +0.8% |
| MS Morgan Stanley | 2.10% | 50,326 | $7.1M | Add +0.2% |
| KMB Kimberly-Clark Corp. | 1.77% | 46,498 | $6.0M | Reduce -49.8% |
| CL Colgate-Palmolive Co. | 1.62% | 60,456 | $5.5M | Reduce -2.6% |
| MSI Motorola Solutions Inc. | 1.11% | 8,951 | $3.8M | Reduce -36.1% |
| UBS UBS Group AG-Reg | 0.93% | 92,787 | $3.1M | Reduce -53.8% |
| LOGI Logitech International-Reg | 0.60% | 22,700 | $2.0M | Reduce -2.2% |
| TDG Transdigm Group Inc. | 0.07% | 160 | $243K | Reduce -16.2% |
| CNQ Canadian Natural Resources | 0.07% | 7,182 | $226K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Sold out | 0.00% | −9.74 |
| WRB WR Berkley Corp. | Sold out | 0.00% | −4.88 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −2.60 |
| AXP American Express Co. | Sold out | 0.00% | −2.50 |
| KMB Kimberly-Clark Corp. | Reduce -49.8% | 1.77% | −2.11 |
| JPM JPMorgan Chase & Co. | Reduce -48.7% | 2.71% | −1.75 |
| UBS UBS Group AG-Reg | Reduce -53.8% | 0.93% | −0.89 |
| MSI Motorola Solutions Inc. | Reduce -36.1% | 1.11% | −0.70 |
| MCO Moody's Corp. | Reduce -25.2% | 2.45% | −0.58 |
| CTAS Cintas Corp. | Reduce -20.9% | 3.47% | −0.56 |
| NRG NRG Energy Inc. | Reduce -48.3% | 2.29% | −0.34 |
| EBAY eBay Inc. | Reduce -15.1% | 4.06% | −0.28 |
| COST Costco Wholesale Corp. | Reduce -10.7% | 4.01% | −0.27 |
| HWM Howmet Aerospace Inc. | Reduce -32.9% | 2.69% | −0.10 |
| LIN Linde PLC | Sold out | 0.00% | −0.09 |
| CL Colgate-Palmolive Co. | Reduce -2.6% | 1.62% | −0.09 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.07 |
| TDG Transdigm Group Inc. | Reduce -16.2% | 0.07% | −0.01 |
| LOGI Logitech International-Reg | Reduce -2.2% | 0.60% | +0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 2.57% | +0.25 |
| WFC Wells Fargo & Co. | Reduce -2.8% | 4.15% | +0.34 |
| BKNG Booking Holdings Inc. | Reduce -3.4% | 3.60% | +0.65 |
| META Meta Platforms Inc. Class A | Reduce -1.8% | 5.50% | +1.14 |
| NFLX Netflix Inc. | Reduce -7.6% | 5.26% | +1.31 |
| NVDA Nvidia Corp. | Reduce -7.3% | 5.37% | +1.41 |
Portfolio Buys Q1 2025 → Q2 2025
| UBER Uber Technologies Inc. | New | 3.19% | +3.19 |
| RCL Royal Caribbean Cruises Ltd. | New | 3.12% | +3.12 |
| INTU Intuit Inc. | New | 3.09% | +3.09 |
| KLAC KLA Corp. | New | 2.97% | +2.97 |
| AVGO Broadcom Inc. | Add +93.8% | 4.30% | +2.96 |
| MSFT Microsoft Corp. | Add +31.8% | 6.44% | +2.76 |
| GOOGL Alphabet Inc. Class A | Add +57.7% | 4.62% | +2.06 |
| V Visa Inc. Class A | Add +43.8% | 4.79% | +1.51 |
| MS Morgan Stanley | Add +0.2% | 2.10% | +0.37 |
| KR Kroger Co. | Add +0.8% | 2.14% | +0.14 |
| GILD Gilead Sciences Inc. | Add +2.5% | 4.05% | +0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $560.3M | AAPL, NVDA, AZN, GOOGL, MU |
| Q1 2026 | 44 | $462.2M | AZN, AAPL, NVDA, GOOGL, MSFT |
| Q4 2025 | 39 | $429.6M | NVDA, AAPL, GOOGL, MSFT, JPM |
| Q3 2025 | 39 | $404.6M | NVDA, MSFT, AAPL, GOOGL, KLAC |
| Q2 2025 | 32 | $338.2M | MSFT, META, NVDA, NFLX, CME |
| Q1 2025 | 34 | $339.2M | AAPL, WRB, CME, JPM, META |
| Q4 2024 | 33 | $337.9M | AAPL, NVDA, NFLX, JPM, META |
| Q3 2024 | 35 | $338.3M | AAPL, NVDA, MSFT, JPM, GOOGL |
| Q2 2024 | 36 | $292.4M | NVDA, MSFT, AAPL, JPM, NFLX |
| Q1 2024 | 35 | $259.7M | MSFT, NVDA, AAPL, JPM, CME |