diff --git a/CHANGELOG.md b/CHANGELOG.md
index 646c59ecb..ad6228c2a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,6 +10,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Fixed
 
 - Fixed the loading state of the accounts table on the accounts page
+- Fixed the loading state of the holdings table on the portfolio holdings page
 
 ## 3.65.0 - 2026-08-31
 
diff --git a/apps/client/src/app/components/home-holdings/home-holdings.html b/apps/client/src/app/components/home-holdings/home-holdings.html
index df6d57c0e..b55b1c54e 100644
--- a/apps/client/src/app/components/home-holdings/home-holdings.html
+++ b/apps/client/src/app/components/home-holdings/home-holdings.html
@@ -37,7 +37,7 @@
       }
       <div [class.d-none]="holdingsViewMode !== 'TABLE'">
         <gf-holdings-table
-          [holdings]="holdings ?? []"
+          [holdings]="holdings"
           [locale]="user?.settings?.locale ?? DEFAULT_LOCALE"
           (holdingClicked)="onHoldingClicked($event)"
         />
diff --git a/libs/ui/src/lib/holdings-table/holdings-table.component.ts b/libs/ui/src/lib/holdings-table/holdings-table.component.ts
index 7fe21720e..1bbfa515b 100644
--- a/libs/ui/src/lib/holdings-table/holdings-table.component.ts
+++ b/libs/ui/src/lib/holdings-table/holdings-table.component.ts
@@ -50,7 +50,7 @@ export class GfHoldingsTableComponent {
   public readonly hasPermissionToOpenDetails = input(true);
   public readonly hasPermissionToShowQuantities = input(true);
   public readonly hasPermissionToShowValues = input(true);
-  public readonly holdings = input.required<PortfolioPosition[]>();
+  public readonly holdings = input.required<PortfolioPosition[] | undefined>();
   public readonly locale = input(getLocale());
   public readonly pageSize = model(Number.MAX_SAFE_INTEGER);
 
@@ -89,7 +89,7 @@ export class GfHoldingsTableComponent {
 
     // Reactive data update
     effect(() => {
-      this.dataSource.data = this.holdings();
+      this.dataSource.data = this.holdings() ?? [];
     });
 
     // Reactive view connection