# NatWest Group plc

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 844150. Source: https://holderbook.com/funds/844150-natwest-group-plc/

- Reported value: $560.3M
- Positions: 48
- Weight of the ten largest: 47.6%
- Filed: 2026-08-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $45.3M | 156,510 | 8.1% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $43.8M | 218,792 | 7.8% | 18 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $39.9M | 210,470 | 7.1% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $27.7M | 77,631 | 5.0% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $20.2M | 17,483 | 3.6% | 1 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $19.9M | 114,253 | 3.5% | 1 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $18.1M | 83,680 | 3.2% | 1 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $17.4M | 181,377 | 3.1% | 3 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $17.2M | 117,618 | 3.1% | 1 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $17.0M | 56,390 | 3.0% | 5 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $17.0M | 39,262 | 3.0% | 4 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $15.5M | 72,884 | 2.8% | 2 |
| CBOE GLOBAL MKTS INC | [CBOE](https://holderbook.com/stocks/CBOE/) | $14.1M | 58,176 | 2.5% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $13.8M | 36,927 | 2.5% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $13.7M | 36,343 | 2.5% | 18 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $13.2M | 60,001 | 2.4% | 31 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $13.2M | 118,424 | 2.4% | 8 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $12.5M | 46,357 | 2.2% | 6 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $12.5M | 12,318 | 2.2% | 3 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $12.3M | 58,626 | 2.2% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $11.3M | 31,140 | 2.0% | 2 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $10.3M | 13,700 | 1.8% | 24 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $10.1M | 29,480 | 1.8% | 6 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $9.9M | 91,365 | 1.8% | 2 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $8.8M | 23,488 | 1.6% | 3 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $8.6M | 17,523 | 1.5% | 4 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $8.6M | 18,927 | 1.5% | 6 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $7.6M | 152,430 | 1.3% | 18 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $7.5M | 31,301 | 1.3% | 4 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $7.4M | 42,426 | 1.3% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $7.4M | 22,476 | 1.3% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $7.2M | 99,484 | 1.3% | 5 |
| LOGITECH INTL S A | [LOGI](https://holderbook.com/stocks/LOGI/) | $7.0M | 74,158 | 1.2% | 10 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $6.8M | 72,334 | 1.2% | 4 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $6.5M | 70,549 | 1.2% | 9 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $6.3M | 49,485 | 1.1% | 7 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $6.0M | 54,533 | 1.1% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $5.8M | 4,865 | 1.0% | 2 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $5.6M | 33,036 | 1.0% | 31 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $4.4M | 10,665 | 0.8% | 7 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $1.3M | 17,251 | 0.2% | 3 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $312.6K | 1,754 | 0.1% | 13 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $309.2K | 875 | 0.1% | 4 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $283.7K | 7,182 | 0.1% | 15 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $261.0K | 366 | 0.0% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $239.5K | 943 | 0.0% | 4 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $213.1K | 160 | 0.0% | 1 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $207.6K | 1,421 | 0.0% | 9 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.1% | +14.8% | -0.8% | 100% |
| Q1 2026 | -3.8% | -4.6% | +0.8% | 100% |
| Q4 2025 | +2.0% | +2.4% | -0.4% | 100% |
| Q3 2025 | +4.5% | +7.8% | -3.3% | 100% |
| Q2 2025 | +14.3% | +10.5% | +3.9% | 100% |
| Q1 2025 | -3.7% | -4.6% | +0.8% | 100% |
| Q4 2024 | +2.6% | +2.1% | +0.4% | 100% |
| Q3 2024 | +4.1% | +5.4% | -1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $560.3M | 48 |
| Q1 2026 | $462.2M | 44 |
| Q4 2025 | $429.6M | 39 |
| Q3 2025 | $404.6M | 39 |
| Q2 2025 | $338.2M | 32 |
| Q1 2025 | $339.2M | 34 |
| Q4 2024 | $337.9M | 33 |
| Q3 2024 | $338.3M | 35 |
| Q2 2024 | $292.4M | 36 |
| Q1 2024 | $259.7M | 35 |
| Q4 2023 | $239.3M | 31 |
| Q3 2023 | $191.9M | 37 |