BANK OF NOVA SCOTIA

TORONTO, A6 · CIK 9631 · 13F filing filed 2023-05-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityTHE BANK OF NOVA SCOTIA (CA)

Other 13F filers in this group: SCOTIA CAPITAL INC. $26.8bn, SCOTIA CAPITAL (USA) INC files a notice, Scotia Administradora General De Fondos Chile S.A. files a notice

Kindbank or insurer
Others nearbyNew York, NY, Toronto, Santiago
FamilyBANK OF NOVA SCOTIA · 4 related pages

As an employer

US visa salary filings

Filings FY2024–2026206
Median salary offered$141,866
Middle half$112,715 – $185,000
Job titles63
E-3 (Australians)4

Job title	Filings	Median	Range
AnalystNew York, NY	34	$110,000	$77,000 – $120,000
Associate DirectorNew York, NY	16	$225,000	$185,000 – $275,000
AssociateNew York, NY	16	$140,000	$135,000 – $225,000
Managing DirectorNew York, NY	6	$292,500	$292,427 – $411,000
Business Analyst SpecialistNew York, NY	6	$156,954	$151,833 – $224,700
Analyst, Power & Utilities Investment BankingNew York, NY	5	$110,000	$110,000 – $120,000
Director, Deputy U.S. TreasurerNew York, NY	4	$180,000	$180,000 – $301,000
Senior ManagerNew York, NY	4	$163,557	$137,114 – $203,600
Manager, Gbm Data GovernanceJersey City, NJ	4	$143,656	$141,170 – $167,200
Application DeveloperNew York, NY	4	$141,569	$139,128 – $144,012
Associate, Fund Finance, Structured CreditJersey City, NJ	4	$135,000	$135,000 – $155,000
Application Support SpecialistNew York, NY	4	$129,719	$123,656 – $203,600

28 more job titles

Director, Investment BankingBrooklyn, NY	2	$300,000
Director, Esoteric Abs StructuringFair Lawn, NJ	2	$300,000
Director, Equity Research AnalystSan Francisco, CA	2	$300,000
Director, U.S. Emerging Markets Rates TradingNew York, NY	2	$300,000
Director, Real Estate Investment BankingJersey City, NJ	2	$300,000
Associate Director, Investment BankingJersey City, NJ	2	$275,000
Associate Director, Non-Investment Grade FinanceJersey City, NJ	2	$275,000
Associate Director, Real EstateNew York, NY	2	$275,000
Director, Us Emerging Markets Rates TradingNew York, NY	2	$250,000
Director, Loan Capital Markets LatamNew York, NY	2	$250,000
Associate Director, Exotic Equity Derivatives TraderNew York, NY	2	$225,000
Associate Director, Global SecuritizationNew York, NY	2	$225,000
Associate Director, Em TradingNew York, NY	2	$225,000
Associate Director, Abs QuantNew York, NY	2	$225,000
Associate Director, Us Structuring & Execution, Lev FinBrooklyn, NY	2	$185,000
Lead DeveloperNew York, NY	2	$179,982	$179,982 – $211,800
Application SpecialistNew York, NY	2	$179,982	$179,982 – $224,700
Senior Manager, U.S. Finance & Regulatory Reporting - AuditJersey City, NJ	2	$176,571	$176,571 – $224,700
Associate, Debt Capital Markets Latin America & CaribbeanNew York, NY	2	$175,000	$175,000 – $225,000
Associate, E-TradingJersey City, NJ	2	$175,000
Associate, Investment BankingHouston, TX	2	$175,000	$175,000 – $225,000
Associate, Latam Debt Capital MarketsNew York, NY	2	$175,000	$175,000 – $225,000
Associate, Latam Investment BankingNew York, NY	2	$175,000	$175,000 – $225,000
Senior Platform ArchitectHouston, TX	2	$173,444
Senior Manager, Data GovernanceNew York, NY	2	$163,300	$163,300 – $203,600
Senior Manager (Application Specialist)New York, NY	2	$158,129	$151,819 – $211,800
Associate, Reits Equity ResearchLong Island City, NY	2	$145,000	$145,000 – $175,000
Production Support SpecialistJersey City, NJ	2	$142,563	$142,563 – $203,600

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: SCOTIA CAPITAL (USA), INC., THE BANK OF NOVA SCOTIA.

$33.7bn reported value -12.7% vs Q4 2022

1,099positions

37.9%in top 10

133 new 300 added 619 reduced 165 sold out vs Q4 2022

Options: 1 call positions ($337.0k notional), 24 put positions ($5.1m notional) – listed below, not included above.

This report includes the holdings of 6 other managers that share the investment decisions:

Bank of Nova Scotia Trust Co (Bahamas) Ltd – reports through this filing
Profuturo AFP S.A. – reports through this filing
SCOTIA CAPITAL (USA) INC – reports through this filing
Scotia Administradora General De Fondos Chile S.A. – reports through this filing
Scotia Fondos, S.A. de C.V., Sociedad Operadora de Fondos de Inversion, Grupo Financiero Scotiabank Inverlat – reports through this filing
Tangerine Investment Management Inc. – reports through this filing

Also in the report of:

SCOTIA CAPITAL INC. – $10.1bn of shares are in both reports
BANK OF NOVA SCOTIA TRUST CO
JARISLOWSKY, FRASER Ltd

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ROYAL BK CDA COM RY	RY	26,565,255	$2.5bn7.53%	7.53%	Added +2.4m	+2,420,889 10.0%
2	TORONTO DOMINION BK ONT COM NEW TD	TD	33,980,108	$2.1bn6.12%	6.12%	Added +3.2m	+3,160,250 10.2%
3	BANK MONTREAL QUE COM BMO	BMO	15,635,476	$1.4bn4.13%	4.13%	Added +2.4m	+2,424,073 18.4%
4	CANADIAN IMPERIAL BANK OF CO COM CM	CM	27,352,298	$1.2bn3.44%	3.44%	Reduced -2.1m	-2,089,092 -7.1%
5	ENBRIDGE INC COM ENB	ENB	29,669,648	$1.1bn3.35%	3.35%	Added +10.9m	+10,923,338 58.3%
6	TC ENERGY CORP COM TRP	TRP	28,675,046	$1.1bn3.31%	3.31%	Added +5.9m	+5,854,295 25.6%
7	CANADIAN NAT RES LTD COM CNQ	CNQ	19,054,144	$1.1bn3.13%	3.13%	Reduced -791.4k	-791,397 -4.0%
8	APPLE INC COM AAPL	AAPL	6,189,574	$1.0bn3.03%	3.03%	Reduced -115.4k	-115,379 -1.8%
9	CANADIAN NATL RY CO COM CNI	CNI	5,529,296	$652.5m1.93%	1.93%	Reduced -137.1k	-137,079 -2.4%
10	BROOKFIELD CORP CL A LTD VT SH BN	BN	19,851,733	$647.1m1.92%	1.92%	Added +910.5k	+910,504 4.8%
11	BCE INC COM NEW BCE	BCE	14,297,059	$640.4m1.90%	1.90%	Added +100.7k	+100,725 0.7%
12	CANADIAN PAC RY LTD COM COM		8,084,234	$622.6m1.85%	1.85%	Added +24.2k	+24,160 0.3%
13	MICROSOFT CORP COM MSFT	MSFT	2,113,723	$609.4m1.81%	1.81%	Reduced -14.1k	-14,114 -0.7%
14	SUNCOR ENERGY INC NEW COM SU	SU	17,245,264	$535.5m1.59%	1.59%	Added +3.2m	+3,190,129 22.7%
15	NUTRIEN LTD COM NTR	NTR	6,502,381	$480.3m1.42%	1.42%	Reduced -138.4k	-138,435 -2.1%
16	MANULIFE FINL CORP COM MFC	MFC	25,051,106	$459.7m1.36%	1.36%	Reduced -434.4k	-434,426 -1.7%
17	PEMBINA PIPELINE CORP COM PBA	PBA	14,179,339	$459.3m1.36%	1.36%	Added +819.7k	+819,717 6.1%
18	TELUS CORPORATION COM TU	TU	21,894,672	$434.6m1.29%	1.29%	Added +233.5k	+233,506 1.1%
19	SUN LIFE FINANCIAL INC. COM SLF	SLF	8,492,710	$402.0m1.19%	1.19%	Reduced -1.5m	-1,492,295 -14.9%
20	NVIDIA CORPORATION COM NVDA	NVDA	1,213,570	$337.1m1.00%	1.00%	Added +376.2k	+376,204 44.9%
21	UNITEDHEALTH GROUP INC COM UNH	UNH	668,679	$316.0m0.94%	0.94%	Added +213.3k	+213,289 46.8%
22	WASTE CONNECTIONS INC COM WCN	WCN	1,867,897	$260.0m0.77%	0.77%	Reduced -1.5k	-1,471 -0.1%
23	CENOVUS ENERGY INC COM CVE	CVE	14,753,125	$257.4m0.76%	0.76%	Added +341.9k	+341,858 2.4%
24	ALPHABET INC CAP STK CL C GOOG	GOOG	2,404,565	$250.1m0.74%	0.74%	Reduced -834.5k	-834,511 -25.8%
25	RESTAURANT BRANDS INTL INC COM QSR	QSR	3,682,602	$247.2m0.73%	0.73%	Added +358.9k	+358,879 10.8%
26	FRANCO NEV CORP COM FNV	FNV	1,612,505	$235.2m0.70%	0.70%	Added +4.4k	+4,406 0.3%
27	ROGERS COMMUNICATIONS INC CL B RCI	RCI	4,962,189	$230.0m0.68%	0.68%	Reduced -31.2k	-31,236 -0.6%
28	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,189,914	$227.2m0.67%	0.67%	Added +607.9k	+607,949 38.4%
29	SHAW COMMUNICATIONS INC CL B CONV CL B CONV		7,355,751	$220.1m0.65%	0.65%	Added +21.0k	+20,957 0.3%
30	FORTIS INC COM FTS	FTS	5,101,426	$217.3m0.64%	0.64%	Reduced -608.7k	-608,695 -10.7%
31	THOMSON REUTERS CORP. COM NEW COM NEW		1,605,956	$209.0m0.62%	0.62%	Added +6.3k	+6,311 0.4%
32	ABBVIE INC COM ABBV	ABBV	1,178,260	$187.8m0.56%	0.56%	Added +169.7k	+169,705 16.8%
33	HYATT HOTELS CORP COM CL A H	H	1,664,048	$186.0m0.55%	0.55%	Reduced -15.1k	-15,057 -0.9%
34	WHEATON PRECIOUS METALS CORP COM WPM	WPM	3,820,688	$184.0m0.55%	0.55%	Added +79.2k	+79,208 2.1%
35	ISHARES TR SHORT TREAS BD SHV	SHV	1,608,816	$177.8m0.53%	0.53%	Reduced -199.5k	-199,515 -11.0%
36	AMAZON COM INC COM AMZN	AMZN	1,708,768	$176.5m0.52%	0.52%	Reduced -2.1m	-2,070,319 -54.8%
37	BARRICK GOLD CORP COM COM		9,486,789	$176.1m0.52%	0.52%	Reduced -5.3m	-5,322,946 -35.9%
38	META PLATFORMS INC CL A META	META	804,711	$170.6m0.51%	0.51%	Reduced -986.8k	-986,812 -55.1%
39	JOHNSON & JOHNSON COM JNJ	JNJ	1,051,378	$163.0m0.48%	0.48%	Added +773.5k	+773,507 278.4%
40	JPMORGAN CHASE & CO COM JPM	JPM	1,234,474	$160.9m0.48%	0.48%	Reduced -345.7k	-345,679 -21.9%
41	MAGNA INTL INC COM MGA	MGA	2,971,761	$159.2m0.47%	0.47%	Reduced -577	-577 -0.0%
42	AGNICO EAGLE MINES LTD COM AEM	AEM	2,959,915	$151.8m0.45%	0.45%	Reduced -811.5k	-811,513 -21.5%
43	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	4,560,407	$149.4m0.44%	0.44%	Reduced -180.1k	-180,134 -3.8%
44	VANGUARD INDEX FDS VALUE ETF VTV	VTV	1,046,700	$144.6m0.43%	0.43%	Reduced -400.0k	-400,000 -27.6%
45	TECK RESOURCES LTD CL B TECK	TECK	3,943,849	$144.0m0.43%	0.43%	Reduced -90.9k	-90,948 -2.2%
46	BROADCOM INC COM AVGO	AVGO	220,737	$141.6m0.42%	0.42%	Reduced -184.8k	-184,846 -45.6%
47	ALGONQUIN PWR UTILS CORP COM AQN	AQN	14,353,670	$120.4m0.36%	0.36%	Added +134.9k	+134,925 0.9%
48	T-MOBILE US INC COM TMUS	TMUS	802,552	$116.2m0.34%	0.34%	Reduced -561.4k	-561,401 -41.2%
49	CAMECO CORP COM CCJ	CCJ	4,429,576	$116.0m0.34%	0.34%	Added +281.3k	+281,277 6.8%
50	CHUBB LIMITED COM CB	CB	592,924	$115.1m0.34%	0.34%	Added +269.8k	+269,757 83.5%
51	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	370,755	$114.5m0.34%	0.34%	Added +142.8k	+142,784 62.6%
52	PAYPAL HLDGS INC COM PYPL	PYPL	1,477,057	$112.2m0.33%	0.33%	Reduced -1.2m	-1,196,357 -44.8%
53	ON SEMICONDUCTOR CORP NOTE 1.625%10/1 · principal ON 1.625 10.15.23 · principal	ON 1.625 10.15.23	26,254,000	$104.3m0.31%	0.31%	Added +26.1m	+26,143,979 23762.7%
54	GENERAL MTRS CO COM GM	GM	2,833,979	$104.0m0.31%	0.31%	Added +1.3m	+1,340,699 89.8%
55	ANTERO RESOURCES CORP NOTE 4.250% 9/0 · principal AR 4.25 09.01.26 · principal	AR 4.25 09.01.26	191,216	$101.8m0.30%	0.30%	Added +9.1k	+9,117 5.0%
56	CREDICORP LTD COM BAP	BAP	762,300	$100.9m0.30%	0.30%	Reduced -346.6k	-346,591 -31.3%
57	PALO ALTO NETWORKS INC NOTE 0.750% 7/0 · principal PANW 0.75 07.01.23 · principal	PANW 0.75 07.01.23	44,872,000	$100.9m0.30%	0.30%	Added +44.6m	+44,550,207 13844.4%
58	QUALCOMM INC COM QCOM	QCOM	788,258	$100.6m0.30%	0.30%	Added +375.4k	+375,429 90.9%
59	MASTERCARD INCORPORATED CL A MA	MA	275,714	$100.2m0.30%	0.30%	Added +60.5k	+60,480 28.1%
60	COMPANIA DE MINAS BUENAVENTU SPONSORED ADR BVN	BVN	12,152,184	$99.4m0.29%	0.29%	Reduced -3.9m	-3,939,650 -24.5%
61	ADOBE INC COM ADBE	ADBE	257,159	$99.1m0.29%	0.29%	Added +51.2k	+51,167 24.8%
62	COCA COLA CO COM KO	KO	1,592,875	$98.8m0.29%	0.29%	Added +616.3k	+616,256 63.1%
63	HORIZON THERAPEUTICS PUB L SHS HZNP	HZNP	902,310	$98.5m0.29%	0.29%	Added +684.2k	+684,167 313.6%
64	TJX COS INC NEW COM TJX	TJX	1,251,204	$98.0m0.29%	0.29%	Added +1.0m	+1,047,982 515.7%
65	IMPERIAL OIL LTD COM NEW IMO	IMO	1,914,864	$97.4m0.29%	0.29%	Reduced -341.8k	-341,807 -15.2%
66	CAE INC COM CAE	CAE	4,260,210	$96.3m0.29%	0.29%	Added +29.5k	+29,503 0.7%
67	SPDR SER TR S&P RETAIL ETF XRT	XRT	1,500,000	$95.1m0.28%	0.28%	Added +400.0k	+400,000 36.4%
68	OPEN TEXT CORP COM OTEX	OTEX	2,395,522	$92.4m0.27%	0.27%	Reduced -15.4k	-15,381 -0.6%
69	NEWMONT CORP COM NEM	NEM	1,847,291	$90.6m0.27%	0.27%	Added +55.6k	+55,598 3.1%
70	HOME DEPOT INC COM HD	HD	295,588	$87.2m0.26%	0.26%	Reduced -78.8k	-78,809 -21.1%
71	ALGONQUIN PWR UTILS CORP UNIT 06/15/2024 AQNCN 7.75 06.15.24	AQNCN 7.75 06.15.24	2,885,000	$86.2m0.26%	0.26%	Reduced -500.0k	-500,000 -14.8%
72	EXXON MOBIL CORP COM XOM	XOM	773,388	$84.8m0.25%	0.25%	Reduced -190.0k	-189,960 -19.7%
73	INTEL CORP COM INTC	INTC	2,466,279	$80.6m0.24%	0.24%	Added +585.1k	+585,123 31.1%
74	DEXCOM INC NOTE 0.750%12/0 · principal DXCM 0.75 12.01.23 · principal	DXCM 0.75 12.01.23	28,052,000	$79.5m0.24%	0.24%	Added +27.8m	+27,849,010 13719.4%
75	ISHARES TR CORE S&P500 ETF IVV	IVV	187,550	$77.1m0.23%	0.23%	Added +161.7k	+161,670 624.7%
76	S&P GLOBAL INC COM SPGI	SPGI	220,480	$76.0m0.23%	0.23%	Added +28.7k	+28,722 15.0%
77	PFIZER INC COM PFE	PFE	1,830,187	$74.7m0.22%	0.22%	Reduced -741.0k	-740,956 -28.8%
78	CHEVRON CORP NEW COM CVX	CVX	456,648	$74.5m0.22%	0.22%	Reduced -95.0k	-94,986 -17.2%
79	STARBUCKS CORP COM SBUX	SBUX	709,946	$73.9m0.22%	0.22%	Reduced -386.0k	-386,038 -35.2%
80	TESLA INC COM TSLA	TSLA	352,439	$73.1m0.22%	0.22%	Reduced -67.8k	-67,774 -16.1%
81	WASTE MGMT INC DEL COM WM	WM	446,725	$72.9m0.22%	0.22%	Added +388.2k	+388,246 663.9%
82	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	275,202	$70.3m0.21%	0.21%	Reduced -51.8k	-51,758 -15.8%
83	KINROSS GOLD CORP COM KGC	KGC	14,653,672	$69.0m0.20%	0.20%	Reduced -184.6k	-184,613 -1.2%
84	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	1,413,466	$67.8m0.20%	0.20%	Added +123.8k	+123,834 9.6%
85	DANAHER CORPORATION COM DHR	DHR	263,663	$66.5m0.20%	0.20%	Reduced -123.7k	-123,712 -31.9%
86	ADVANCED MICRO DEVICES INC COM AMD	AMD	672,669	$65.9m0.20%	0.20%	Reduced -287.8k	-287,772 -30.0%
87	SCHWAB CHARLES CORP COM SCHW	SCHW	1,256,008	$65.8m0.20%	0.20%	Added +1.1m	+1,079,081 609.9%
88	SCHLUMBERGER LTD COM STK SLB	SLB	1,323,170	$65.0m0.19%	0.19%	Added +785.5k	+785,533 146.1%
89	ISHARES TR RUS 1000 VAL ETF IWD	IWD	421,855	$64.2m0.19%	0.19%	Reduced -2.3k	-2,270 -0.5%
90	VERIZON COMMUNICATIONS INC COM VZ	VZ	1,631,300	$63.4m0.19%	0.19%	Reduced -890.0k	-889,974 -35.3%
91	WILLIAMS COS INC COM WMB	WMB	2,070,431	$61.8m0.18%	0.18%	Reduced -16.9k	-16,914 -0.8%
92	WORLD WRESTLING ENTMT INC NOTE 3.375%12/1 · principal TKO 3.375 12.15.23 · principal	TKO 3.375 12.15.23	16,734,000	$61.3m0.18%	0.18%	Added +16.7m	+16,654,986 21078.5%
93	ILLUMINA INC COM ILMN	ILMN	258,959	$60.2m0.18%	0.18%	Added +238.5k	+238,477 1164.3%
94	PROGRESSIVE CORP COM PGR	PGR	419,913	$60.1m0.18%	0.18%	Reduced -189.1k	-189,141 -31.1%
95	VMWARE INC CL A COM VMW	VMW	472,163	$58.9m0.17%	0.17%	Reduced -128.7k	-128,728 -21.4%
96	AT&T INC COM T	T	2,999,677	$57.7m0.17%	0.17%	Reduced -451.8k	-451,775 -13.1%
97	TRUIST FINL CORP COM TFC	TFC	1,650,439	$56.3m0.17%	0.17%	Added +1.2m	+1,226,233 289.1%
98	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	418,914	$56.0m0.17%	0.17%	Added +66.6k	+66,570 18.9%
99	ISHARES TR RUS 1000 GRW ETF IWF	IWF	229,000	$56.0m0.17%	0.17%	Unchanged
100	BANK AMERICA CORP COM BAC	BAC	1,903,744	$54.8m0.16%	0.16%	Reduced -683.4k	-683,404 -26.4%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
LINDE PLC 99952EUR	99952EUR	431,362	$140.7m431.4k shares
COUPA SOFTWARE INC COUP	COUP	925,296	$73.3m925.3k shares
UNITED STS OIL FD LP USO	USO	499,999	$35.1m500.0k shares
TERADYNE INC TER 1.25 12.15.23	TER 1.25 12.15.23	125,278	$34.7m125.3k shares
PIONEER NAT RES CO PXD 0.25 05.15.25	PXD 0.25 05.15.25	128,800	$30.1m128.8k shares
MGIC INVT CORP WIS MTG	MTG	2,215,000	$28.8m2.2m shares
YAMANA GOLD INC YRI	YRI	4,411,196	$24.5m4.4m shares
TIDAL ETF TR AZTD	AZTD	1,040,130	$20.6m1.0m shares
WESTERN ALLIANCE BANCORP WAL	WAL	234,607	$14.0m234.6k shares
INTEGRA LIFESCIENCES HLDGS C IART	IART	223,000	$12.5m223.0k shares
LIBERTY MEDIA CORP DEL LSXMA	LSXMA	274,225	$10.8m274.2k shares
ELANCO ANIMAL HEALTH INC ELAN	ELAN	792,913	$9.7m792.9k shares
UMPQUA HLDGS CORP UMPQ	UMPQ	537,116	$9.6m537.1k shares
MATTEL INC MAT	MAT	499,959	$8.9m500.0k shares
LIBERTY MEDIA CORP DEL LSXMK	LSXMK	190,963	$7.5m191.0k shares
VAIL RESORTS INC MTN	MTN	30,383	$7.2m30.4k shares
ENVISTA HOLDINGS CORPORATION NVST 2.375 06.01.25	NVST 2.375 06.01.25	42,858	$7.2m42.9k shares
ISHARES TR IEI	IEI	62,480	$7.2m62.5k shares
AMERICAN EAGLE OUTFITTERS IN AEO 3.75 04.15.25	AEO 3.75 04.15.25	38,087	$6.7m38.1k shares
HERTZ GLOBAL HLDGS INC HTZ	HTZ	428,383	$6.6m428.4k shares
LAZARD LTD LAZ	LAZ	189,800	$6.6m189.8k shares
GOLDMAN SACHS ETF TR GBIL	GBIL	63,505	$6.3m63.5k shares
ZSCALER INC ZS 0.125 07.01.25	ZS 0.125 07.01.25	61,410	$6.3m61.4k shares
AFFILIATED MANAGERS GROUP IN AMG	AMG	34,318	$5.4m34.3k shares
SIGNATURE BK NEW YORK N Y SBNY	SBNY	45,924	$5.3m45.9k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES INC EWC · Put	EWC	Put	63,750	$2.2m63.8k shares	Reduced
CITIGROUP INC C · Put	C	Put	10,000	$468.9k10.0k shares	Reduced
ISHARES TR IVW · Call	IVW	Call	5,280	$337.0k5.3k shares	New
VANECK ETF TRUST GDX · Put	GDX	Put	9,800	$317.0k9.8k shares	Reduced
JPMORGAN CHASE & CO JPM · Put	JPM	Put	1,500	$195.5k1.5k shares	Unchanged
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	1,792	$175.6k1.8k shares	Added
SELECT SECTOR SPDR TR XLE · Put	XLE	Put	2,000	$165.7k2.0k shares	Unchanged
AT&T INC T · Put	T	Put	7,500	$144.4k7.5k shares	Unchanged
BANK AMERICA CORP BAC · Put	BAC	Put	5,000	$143.0k5.0k shares	Unchanged
UNITED AIRLS HLDGS INC UAL · Put	UAL	Put	3,150	$139.4k3.1k shares	Unchanged
MORGAN STANLEY MS · Put	MS	Put	1,500	$131.7k1.5k shares	Reduced
WELLS FARGO CO NEW WFC · Put	WFC	Put	3,478	$130.0k3.5k shares	Reduced
APPLE INC AAPL · Put	AAPL	Put	751	$123.8k751 shares	New
ISHARES TR EEM · Put	EEM	Put	3,100	$122.3k3.1k shares	Added
ISHARES INC EWZ · Put	EWZ	Put	4,250	$116.4k4.2k shares	Added
ISHARES TR FXI · Put	FXI	Put	2,700	$79.7k2.7k shares	Reduced
NVIDIA CORPORATION NVDA · Put	NVDA	Put	279	$77.5k279 shares	Reduced
AMERICAN AIRLS GROUP INC AAL · Put	AAL	Put	5,000	$73.8k5.0k shares	Reduced
FORD MTR CO F · Put	F	Put	5,012	$63.2k5.0k shares	Added
AMAZON COM INC AMZN · Put	AMZN	Put	500	$51.6k500 shares	Unchanged
ISHARES INC EZU · Put	EZU	Put	1,000	$45.1k1.0k shares	Unchanged
EXXON MOBIL CORP XOM · Put	XOM	Put	315	$34.5k315 shares	New
SELECT SECTOR SPDR TR XLF · Put	XLF	Put	1,000	$32.1k1.0k shares	Unchanged
INVESCO QQQ TR QQQ · Put	QQQ	Put	80	$25.7k80 shares	Unchanged
ISHARES TR EFA · Put	EFA	Put	300	$21.5k300 shares	Added

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
KEYCORP KEY · 13D · filed 2025-01-06	KEY	14.9%≈ $3.8bn	new	13D	2025-01-06
JELD-WEN HLDG INC JELD · 13G · filed 2026-10-19	JELD	5.8%≈ $7.5m	+2.4 pts	13G	2026-10-19
SABLE OFFSHORE CORP SOC · 13G · filed 2026-10-19	SOC	5.5%≈ $34.0m	new	13G	2026-10-19
VOYAGER TECHNOLOGIES INC VOYG · 13G · filed 2026-10-19	VOYG	5.0%≈ $93.2m	-1.4 pts	13G	2026-10-19