NatWest Group plc
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 13, 2026), NatWest Group plc reported 39 stock positions worth $429.6 million. Its top holding was Nvidia (NVDA) at 8.7% of the portfolio, followed by Apple (AAPL, 8.4%) and Alphabet Class A (GOOGL, 7.5%). Compared with Q3 2025, it opened 4 new positions, sold out of 4, added to 20 and reduced 9. The biggest buy was a new position in Goldman Sachs (GS) and the biggest sale an exit from Netflix (NFLX).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, SCOTLAND, X0
- CIK
- 0000844150
- Portfolio Value
- $429.6M (Q4 2025)
- SEC Filing
- 0000844150-26-000002 ↗ filed Jan 13, 2026
Holdings Value
Holdings 39 stocks · $429.6M
| NVDA Nvidia Corp. | 8.72% | 200,789 | $37.4M | Add +19.9% |
| AAPL Apple Inc. | 8.44% | 133,404 | $36.3M | Add +31.1% |
| GOOGL Alphabet Inc. Class A | 7.52% | 103,259 | $32.3M | Add +16.8% |
| MSFT Microsoft Corp. | 7.13% | 63,344 | $30.6M | Add +15.3% |
| JPM JPMorgan Chase & Co. | 4.74% | 63,194 | $20.4M | Add +97.2% |
| AVGO Broadcom Inc. | 4.33% | 53,797 | $18.6M | Add +1.6% |
| GS Goldman Sachs Group Inc. | 3.84% | 18,774 | $16.5M | New |
| CME Cme Group Inc. | 3.81% | 60,001 | $16.4M | No change |
| KLAC KLA Corp. | 3.61% | 12,768 | $15.5M | Reduce -27.8% |
| MNST Monster Beverage Corp. | 3.45% | 193,395 | $14.8M | New |
| LRCX Lam Research Corp. | 3.32% | 83,385 | $14.3M | Reduce -12.1% |
| NEM Newmont Corp. | 2.96% | 127,404 | $12.7M | Add +12.6% |
| MS Morgan Stanley | 2.87% | 69,506 | $12.3M | Add +37.6% |
| JNJ Johnson & Johnson | 2.76% | 57,381 | $11.9M | Add +4.7% |
| GE General Electric filed as GE AEROSPACE | 2.61% | 36,392 | $11.2M | New |
| IVV iShares Core S&P 500 ETF | 2.23% | 13,975 | $9.6M | No change |
| V Visa Inc. Class A | 2.14% | 26,188 | $9.2M | Reduce -41.7% |
| MCO Moody's Corp. | 2.02% | 17,017 | $8.7M | Add +3.5% |
| HWM Howmet Aerospace Inc. | 1.98% | 41,458 | $8.5M | Reduce -8.4% |
| EBAY eBay Inc. | 1.83% | 90,332 | $7.9M | Reduce -35.0% |
| UBER Uber Technologies Inc. | 1.68% | 88,295 | $7.2M | Add +2.1% |
| BKNG Booking Holdings Inc. | 1.66% | 1,330 | $7.1M | Reduce -36.6% |
| INTU Intuit Inc. | 1.61% | 10,415 | $6.9M | Reduce -25.6% |
| KR Kroger Co. | 1.56% | 107,212 | $6.7M | Add +5.1% |
| UBS UBS Group AG-Reg | 1.50% | 138,732 | $6.4M | Add +317.6% |
| LOGI Logitech International-Reg | 1.46% | 62,463 | $6.3M | Add +173.8% |
| TT Trane Technologies PLC | 1.41% | 15,579 | $6.1M | Add +4.9% |
| AMZN Amazon.com Inc. | 1.34% | 24,861 | $5.7M | Add +3.6% |
| CTAS Cintas Corp. | 1.33% | 30,369 | $5.7M | Add +1.6% |
| GILD Gilead Sciences Inc. | 1.26% | 43,965 | $5.4M | Reduce -50.4% |
| NRG NRG Energy Inc. | 1.24% | 33,478 | $5.3M | Reduce -3.1% |
| CL Colgate-Palmolive Co. | 1.17% | 63,394 | $5.0M | Add +4.5% |
| KMB Kimberly-Clark Corp. | 1.15% | 48,796 | $4.9M | Add +4.9% |
| MSI Motorola Solutions Inc. | 0.80% | 8,986 | $3.4M | Add +0.6% |
| TTE Totalenergies SE | 0.28% | 18,540 | $1.2M | New |
| GOOG Alphabet Inc. Class C | 0.06% | 875 | $275K | No change |
| CMI Cummins Inc. | 0.06% | 528 | $270K | No change |
| CNQ Canadian Natural Resources | 0.06% | 7,182 | $243K | No change |
| TDG Transdigm Group Inc. | 0.05% | 160 | $213K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| NFLX Netflix Inc. | Sold out | 0.00% | −3.98 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −3.50 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −2.65 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −2.57 |
| V Visa Inc. Class A | Reduce -41.7% | 2.14% | −1.65 |
| EBAY eBay Inc. | Reduce -35.0% | 1.83% | −1.29 |
| GILD Gilead Sciences Inc. | Reduce -50.4% | 1.26% | −1.17 |
| BKNG Booking Holdings Inc. | Reduce -36.6% | 1.66% | −1.14 |
| KLAC KLA Corp. | Reduce -27.8% | 3.61% | −1.10 |
| INTU Intuit Inc. | Reduce -25.6% | 1.61% | −0.76 |
| HWM Howmet Aerospace Inc. | Reduce -8.4% | 1.98% | −0.22 |
| NRG NRG Energy Inc. | Reduce -3.1% | 1.24% | −0.14 |
| LRCX Lam Research Corp. | Reduce -12.1% | 3.32% | +0.18 |
Portfolio Buys Q3 2025 → Q4 2025
| GS Goldman Sachs Group Inc. | New | 3.84% | +3.84 |
| MNST Monster Beverage Corp. | New | 3.45% | +3.45 |
| GE General Electric | New | 2.61% | +2.61 |
| JPM JPMorgan Chase & Co. | Add +97.2% | 4.74% | +2.24 |
| GOOGL Alphabet Inc. Class A | Add +16.8% | 7.52% | +2.21 |
| AAPL Apple Inc. | Add +31.1% | 8.44% | +2.04 |
| UBS UBS Group AG-Reg | Add +317.6% | 1.50% | +1.16 |
| NVDA Nvidia Corp. | Add +19.9% | 8.72% | +1.00 |
| MS Morgan Stanley | Add +37.6% | 2.87% | +0.89 |
| LOGI Logitech International-Reg | Add +173.8% | 1.46% | +0.84 |
| NEM Newmont Corp. | Add +12.6% | 2.96% | +0.60 |
| TTE Totalenergies SE | New | 0.28% | +0.28 |
| JNJ Johnson & Johnson | Add +4.7% | 2.76% | +0.25 |
| MSFT Microsoft Corp. | Add +15.3% | 7.13% | +0.10 |
| MCO Moody's Corp. | Add +3.5% | 2.02% | +0.09 |
| AMZN Amazon.com Inc. | Add +3.6% | 1.34% | +0.03 |
| AVGO Broadcom Inc. | Add +1.6% | 4.33% | +0.02 |
| CL Colgate-Palmolive Co. | Add +4.5% | 1.17% | −0.03 |
| TT Trane Technologies PLC | Add +4.9% | 1.41% | −0.14 |
| KR Kroger Co. | Add +5.1% | 1.56% | −0.14 |
| CTAS Cintas Corp. | Add +1.6% | 1.33% | −0.19 |
| MSI Motorola Solutions Inc. | Add +0.6% | 0.80% | −0.21 |
| KMB Kimberly-Clark Corp. | Add +4.9% | 1.15% | −0.28 |
| UBER Uber Technologies Inc. | Add +2.1% | 1.68% | −0.41 |
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 |