BANK OF NOVA SCOTIA

TORONTO, A6 · CIK 9631 · 13F filing filed 2026-05-14

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

$57.1bn reported value -15.3% vs Q4 2025

1,008positions

36.4%in top 10

117 new 342 added 519 reduced 130 sold out vs Q4 2025

Options: 0 call positions (— notional), 67 put positions ($87.8m notional) – listed below, not included above.

This report includes the holdings of 5 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

Also in the report of:

SCOTIA CAPITAL INC. – $17.9bn of shares are in both reports
BANK OF NOVA SCOTIA TRUST CO

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

Holdings, Q1 2026

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	NVIDIA CORPORATION COM NVDA	NVDA	23,263,967	$4.1bn7.10%	7.10%	Reduced -444.3k	-444,308 -1.9%
2	KEYCORP COM KEY	KEY	162,996,326	$3.3bn5.72%	5.72%	Added +901.0k	+900,951 0.6%
3	APPLE INC COM AAPL	AAPL	11,117,287	$2.8bn4.94%	4.94%	Added +2.1m	+2,103,861 23.3%
4	ROYAL BK CDA COM RY	RY	12,761,696	$2.1bn3.61%	3.61%	Reduced -2.5m	-2,471,836 -16.2%
5	MICROSOFT CORP COM MSFT	MSFT	4,769,771	$1.8bn3.09%	3.09%	Reduced -1.2m	-1,152,045 -19.4%
6	AMAZON COM INC COM AMZN	AMZN	8,248,355	$1.7bn3.01%	3.01%	Added +2.7m	+2,677,259 48.1%
7	BROADCOM INC COM AVGO	AVGO	4,456,512	$1.4bn2.41%	2.41%	Reduced -1.5m	-1,529,246 -25.6%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	4,558,021	$1.3bn2.29%	2.29%	Reduced -2.7m	-2,672,890 -37.0%
9	ISHARES TR CORE S&P500 ETF IVV	IVV	1,859,007	$1.2bn2.13%	2.13%	Reduced -1.5m	-1,486,585 -44.4%
10	CANADIAN IMPERIAL BANK OF CO COM CM	CM	12,683,488	$1.2bn2.10%	2.10%	Added +57.2k	+57,210 0.5%
11	ALPHABET INC CAP STK CL C GOOG	GOOG	4,151,679	$1.2bn2.08%	2.08%	Reduced -279.6k	-279,608 -6.3%
12	TORONTO DOMINION BK ONT COM NEW TD	TD	12,511,563	$1.2bn2.04%	2.04%	Reduced -7.0m	-6,975,178 -35.8%
13	JPMORGAN CHASE & CO COM JPM	JPM	2,870,768	$844.5m1.48%	1.48%	Added +897.1k	+897,081 45.5%
14	BANK MONTREAL QUE COM BMO	BMO	5,032,483	$681.5m1.19%	1.19%	Reduced -932.9k	-932,886 -15.6%
15	META PLATFORMS INC CL A META	META	1,132,923	$648.2m1.13%	1.13%	Reduced -985.7k	-985,741 -46.5%
16	TESLA INC COM TSLA	TSLA	1,734,056	$644.6m1.13%	1.13%	Reduced -8.5k	-8,453 -0.5%
17	BROOKFIELD CORP CL A LTD VT SH BN	BN	15,340,928	$621.4m1.09%	1.09%	Added +1.6m	+1,575,668 11.4%
18	WALMART INC COM WMT	WMT	4,258,338	$529.2m0.93%	0.93%	Added +3.4m	+3,370,380 379.6%
19	TC ENERGY CORP COM TRP	TRP	8,380,992	$524.7m0.92%	0.92%	Added +639.1k	+639,127 8.3%
20	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	690,209	$448.9m0.79%	0.79%	Reduced -30.5k	-30,477 -4.2%
21	BCE INC COM NEW BCE	BCE	17,296,776	$436.3m0.76%	0.76%	Added +160.3k	+160,310 0.9%
22	SUN LIFE FINANCIAL INC. COM SLF	SLF	6,869,280	$430.2m0.75%	0.75%	Added +878.0k	+878,031 14.7%
23	MICRON TECHNOLOGY INC COM MU	MU	1,237,399	$418.0m0.73%	0.73%	Reduced -2.3m	-2,277,495 -64.8%
24	MANULIFE FINL CORP COM MFC	MFC	11,370,691	$391.6m0.69%	0.69%	Reduced -572.3k	-572,271 -4.8%
25	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	3,196,004	$379.1m0.66%	0.66%	Added +621.9k	+621,893 24.2%
26	UNITEDHEALTH GROUP INC COM UNH	UNH	1,252,118	$338.8m0.59%	0.59%	Reduced -224.3k	-224,322 -15.2%
27	ELI LILLY & CO COM LLY	LLY	360,137	$331.2m0.58%	0.58%	Added +15.9k	+15,854 4.6%
28	CANADIAN NAT RES LTD COM CNQ	CNQ	6,565,392	$320.2m0.56%	0.56%	Added +2.2m	+2,184,892 49.9%
29	SUNCOR ENERGY INC NEW COM SU	SU	4,765,867	$315.1m0.55%	0.55%	Added +795.3k	+795,310 20.0%
30	ENBRIDGE INC COM ENB	ENB	5,652,712	$306.4m0.54%	0.54%	Reduced -1.6m	-1,606,610 -22.1%
31	APPLIED MATLS INC COM AMAT	AMAT	880,610	$301.0m0.53%	0.53%	Added +711.2k	+711,224 419.9%
32	AGNICO EAGLE MINES LTD COM AEM	AEM	1,475,764	$299.5m0.52%	0.52%	Added +390.9k	+390,875 36.0%
33	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	1,974,908	$288.9m0.51%	0.51%	Reduced -1.0m	-1,000,564 -33.6%
34	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	618,138	$285.0m0.50%	0.50%	Added +75.6k	+75,579 13.9%
35	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	851,229	$279.8m0.49%	0.49%	Added +399.6k	+399,612 88.5%
36	TELUS CORPORATION COM TU	TU	21,108,090	$271.2m0.47%	0.47%	Added +3.6m	+3,571,734 20.4%
37	AKAMAI TECHNOLOGIES INC COM AKAM	AKAM	2,340,301	$268.8m0.47%	0.47%	Added +1.0m	+1,020,259 77.3%
38	FORTIS INC COM FTS	FTS	4,588,898	$256.0m0.45%	0.45%	Added +183.7k	+183,703 4.2%
39	CITIGROUP INC COM NEW C	C	2,255,327	$255.8m0.45%	0.45%	Added +640.6k	+640,614 39.7%
40	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	2,692,956	$247.1m0.43%	0.43%	Added +2.0m	+1,986,420 281.1%
41	CATERPILLAR INC COM CAT	CAT	341,679	$242.1m0.42%	0.42%	Reduced -64.3k	-64,325 -15.8%
42	ROGERS COMMUNICATIONS INC CL B RCI	RCI	6,280,164	$241.5m0.42%	0.42%	Added +446.0k	+445,964 7.6%
43	HOME DEPOT INC COM HD	HD	722,758	$237.7m0.42%	0.42%	Added +378.4k	+378,393 109.9%
44	ISHARES TR MSCI PERU AND GL EPU	EPU	2,901,771	$234.2m0.41%	0.41%	Added +1.6m	+1,550,000 114.7%
45	NU HLDGS LTD ORD SHS CL A NU	NU	16,111,616	$231.5m0.41%	0.41%	Added +14.4m	+14,426,181 855.9%
46	HONEYWELL INTL INC COM COM		1,003,413	$226.8m0.40%	0.40%	Added +510.2k	+510,208 103.5%
47	ISHARES INC MSCI STH KOR ETF EWY	EWY	1,823,820	$224.3m0.39%	0.39%	Added +1.1m	+1,050,220 135.8%
48	WESTERN DIGITAL CORP NOTE 3.000%11/1 WDC 3 11.15.28	WDC 3 11.15.28	30,339,000	$217.5m0.38%	0.38%	New
49	COSTCO WHSL CORP NEW COM COST	COST	215,977	$215.2m0.38%	0.38%	Reduced -163.2k	-163,155 -43.0%
50	ISHARES INC MSCI BRAZIL ETF EWZ	EWZ	5,507,028	$211.4m0.37%	0.37%	Added +5.5m	+5,455,028 10490.4%
51	LAM RESEARCH CORP COM NEW LRCX	LRCX	939,483	$200.7m0.35%	0.35%	Added +77.8k	+77,800 9.0%
52	JOHNSON & JOHNSON COM JNJ	JNJ	761,803	$186.2m0.33%	0.33%	Reduced -433.8k	-433,751 -36.3%
53	CANADIAN PACIFIC KANSAS CITY COM CP	CP	2,242,557	$176.4m0.31%	0.31%	Added +667.6k	+667,638 42.4%
54	PHILIP MORRIS INTL INC COM PM	PM	1,061,473	$175.5m0.31%	0.31%	Reduced -359.8k	-359,789 -25.3%
55	MERCK & CO INC COM MRK	MRK	1,457,238	$175.3m0.31%	0.31%	Reduced -499.0k	-498,962 -25.5%
56	EMERA INC COM EMA	EMA	3,349,640	$173.6m0.30%	0.30%	Reduced -54.2k	-54,216 -1.6%
57	CHEVRON CORP NEW COM CVX	CVX	834,667	$172.7m0.30%	0.30%	Added +175.7k	+175,690 26.7%
58	BARRICK MNG CORP COM SHS B	B	4,145,547	$169.4m0.30%	0.30%	Reduced -480.8k	-480,790 -10.4%
59	NORFOLK SOUTHN CORP COM NSC	NSC	588,472	$168.9m0.30%	0.30%	Added +249.0k	+248,965 73.3%
60	PEMBINA PIPELINE CORP COM PBA	PBA	3,766,410	$168.6m0.30%	0.30%	Reduced -298.0k	-297,961 -7.3%
61	NEWMONT CORP COM NEM	NEM	1,522,666	$164.8m0.29%	0.29%	Reduced -1.3m	-1,345,458 -46.9%
62	ORACLE CORP COM ORCL	ORCL	1,117,229	$164.4m0.29%	0.29%	Reduced -1.2m	-1,160,133 -50.9%
63	ISHARES TR MSCI EAFE ETF EFA	EFA	1,618,956	$157.2m0.28%	0.28%	Added +999.7k	+999,705 161.4%
64	PROCTER AND GAMBLE CO COM PG	PG	1,073,701	$155.1m0.27%	0.27%	Reduced -217.1k	-217,053 -16.8%
65	AIRBNB INC COM CL A ABNB	ABNB	1,216,719	$153.6m0.27%	0.27%	Reduced -158.0k	-157,987 -11.5%
66	BANK AMERICA CORP COM BAC	BAC	3,090,455	$150.7m0.26%	0.26%	Reduced -8.8k	-8,821 -0.3%
67	KINROSS GOLD CORP COM KGC	KGC	4,917,986	$150.3m0.26%	0.26%	Reduced -366.6k	-366,605 -6.9%
68	WHEATON PRECIOUS METALS CORP COM WPM	WPM	1,135,457	$149.0m0.26%	0.26%	Added +183.6k	+183,580 19.3%
69	BOOKING HOLDINGS INC COM BKNG	BKNG	870,520	$146.6m0.26%	0.26%	Added +816.0k	+816,022 1497.3%
70	PEPSICO INC COM PEP	PEP	943,071	$146.4m0.26%	0.26%	Reduced -134.7k	-134,729 -12.5%
71	BOSTON SCIENTIFIC CORP COM BSX	BSX	2,303,011	$144.5m0.25%	0.25%	Added +308.9k	+308,930 15.5%
72	CANADIAN NATL RY CO COM CNI	CNI	1,397,099	$143.8m0.25%	0.25%	Reduced -1.4m	-1,429,311 -50.6%
73	PFIZER INC COM PFE	PFE	5,108,792	$143.5m0.25%	0.25%	Added +1.9m	+1,865,170 57.5%
74	NETFLIX INC COM NFLX	NFLX	1,471,681	$141.5m0.25%	0.25%	Reduced -1.8m	-1,769,566 -54.6%
75	GOLDMAN SACHS GROUP INC COM GS	GS	164,216	$138.9m0.24%	0.24%	Added +38.1k	+38,090 30.2%
76	BLACKROCK INC COM BLK	BLK	143,236	$137.8m0.24%	0.24%	Added +105.9k	+105,855 283.2%
77	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	4,998,709	$137.3m0.24%	0.24%	Added +738.8k	+738,783 17.3%
78	INTEL CORP COM INTC	INTC	3,064,808	$135.2m0.24%	0.24%	Reduced -2.8m	-2,801,766 -47.8%
79	CENOVUS ENERGY INC COM CVE	CVE	5,042,927	$133.8m0.23%	0.23%	Added +51.2k	+51,204 1.0%
80	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	3,001,762	$133.4m0.23%	0.23%	Reduced -25.3k	-25,281 -0.8%
81	SEAGATE HDD CAYMAN NOTE 3.500% 6/0 · principal STX 3.5 06.01.28 · principal	STX 3.5 06.01.28	28,162,625	$133.3m0.23%	0.23%	Added +13.0m	+12,982,625 85.5%
82	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	270,009	$132.7m0.23%	0.23%	Added +167.3k	+167,302 162.9%
83	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	275,849	$132.2m0.23%	0.23%	Reduced -281.1k	-281,117 -50.5%
84	GENERAL DYNAMICS CORP COM GD	GD	384,498	$132.0m0.23%	0.23%	Added +137.8k	+137,834 55.9%
85	VERIZON COMMUNICATIONS INC COM VZ	VZ	2,621,767	$131.6m0.23%	0.23%	Reduced -441.6k	-441,587 -14.4%
86	CAMECO CORP COM CCJ	CCJ	1,191,269	$129.5m0.23%	0.23%	Reduced -38.2k	-38,168 -3.1%
87	NUTRIEN LTD COM NTR	NTR	1,689,740	$127.5m0.22%	0.22%	Reduced -305.9k	-305,865 -15.3%
88	SANDISK CORP COM SNDK	SNDK	193,920	$123.2m0.22%	0.22%	Added +37.6k	+37,601 24.1%
89	COCA COLA CO COM KO	KO	1,616,804	$123.0m0.22%	0.22%	Reduced -817.6k	-817,615 -33.6%
90	FRANCO NEV CORP COM FNV	FNV	485,345	$120.1m0.21%	0.21%	Added +23.6k	+23,587 5.1%
91	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	1,000,000	$120.0m0.21%	0.21%	New
92	MORGAN STANLEY COM NEW MS	MS	715,042	$117.7m0.21%	0.21%	Reduced -45.4k	-45,436 -6.0%
93	TJX COS INC NEW COM TJX	TJX	734,821	$117.4m0.21%	0.21%	Added +273.0k	+273,002 59.1%
94	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	2,372,114	$117.1m0.20%	0.20%	Added +2.1m	+2,100,084 772.0%
95	HUDBAY MINERALS INC COM HBM	HBM	5,433,750	$113.6m0.20%	0.20%	Reduced -2.2m	-2,226,033 -29.1%
96	AMGEN INC COM AMGN	AMGN	314,227	$110.6m0.19%	0.19%	Reduced -58.7k	-58,745 -15.8%
97	VISA INC COM CL A V	V	361,551	$109.3m0.19%	0.19%	Reduced -61.7k	-61,661 -14.6%
98	GLOBAL X FDS GLOBAL X SILVER SIL	SIL	1,203,736	$108.4m0.19%	0.19%	Added +908.3k	+908,336 307.5%
99	CREDICORP LTD COM BAP	BAP	317,244	$107.6m0.19%	0.19%	Reduced -512.0k	-511,961 -61.7%
100	EXXON MOBIL CORP COM XOM	XOM	630,415	$107.0m0.19%	0.19%	Reduced -716.3k	-716,342 -53.2%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
DAYFORCE INC DAY	DAY	2,403,731	$166.2m2.4m shares
INVESCO EXCH TRADED FD TR II QQQM	QQQM	501,567	$126.9m501.6k shares
WESTERN DIGITAL CORP WDC 3 11.15.28	WDC 3 11.15.28	27,136,000	$124.6m27.1m shares
COMERICA INC CMA	CMA	910,116	$79.1m910.1k shares
FIVE BELOW INC FIVE	FIVE	212,055	$39.9m212.1k shares
MACOM TECH SOLUTIONS HLDGS I MTSI 0.25 03.15.26	MTSI 0.25 03.15.26	16,200,000	$33.7m16.2m shares
SNOWFLAKE INC SNOW 0 10.01.29	SNOW 0 10.01.29	19,000,000	$29.5m19.0m shares
SPDR SER TR SPTI	SPTI	1,019,170	$29.4m1.0m shares
APELLIS PHARMACEUTICALS INC APLS	APLS	1,070,141	$26.9m1.1m shares
AMCOR PLC AMCR	AMCR	3,115,337	$26.0m3.1m shares
ISHARES INC EWP	EWP	470,600	$25.4m470.6k shares
CIRCLE INTERNET GROUP INC CRCL	CRCL	312,000	$24.7m312.0k shares
WINTRUST FINL CORP WTFC	WTFC	172,100	$24.1m172.1k shares
VANGUARD BD INDEX FDS BSV	BSV	302,800	$23.9m302.8k shares
WORLD GOLD TR GLDM	GLDM	262,000	$22.4m262.0k shares
AMRIZE LTD AMRZ	AMRZ	400,762	$22.0m400.8k shares
AURORA INNOVATION INC AUR	AUR	5,644,107	$21.7m5.6m shares
SITEONE LANDSCAPE SUPPLY INC SITE	SITE	171,936	$21.4m171.9k shares
OSHKOSH CORP OSK	OSK	165,878	$20.8m165.9k shares
EXPEDIA GROUP INC EXPE 0 02.15.26	EXPE 0 02.15.26	15,000,000	$16.9m15.0m shares
SPDR SER TR SPIB	SPIB	487,555	$16.5m487.6k shares
SPDR SERIES TRUST SPYG	SPYG	145,630	$15.7m145.6k shares
JAZZ PHARMACEUTICALS PLC JAZZ	JAZZ	86,200	$14.7m86.2k shares
CLEVELAND-CLIFFS INC NEW CLF	CLF	1,074,798	$14.3m1.1m shares
BRIGHTHOUSE FINL INC BHF	BHF	215,221	$13.9m215.2k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
TESLA INC TSLA · Put	TSLA	Put	38,812	$14.4m38.8k shares	Reduced
NVIDIA CORPORATION NVDA · Put	NVDA	Put	79,065	$13.8m79.1k shares	Reduced
AMAZON COM INC AMZN · Put	AMZN	Put	56,971	$11.9m57.0k shares	Added
APPLE INC AAPL · Put	AAPL	Put	35,050	$8.9m35.0k shares	Added
MICROSOFT CORP MSFT · Put	MSFT	Put	12,490	$4.6m12.5k shares	Reduced
INVESCO EXCHANGE TRADED FD T RSP · Put	RSP	Put	21,700	$4.2m21.7k shares	Added
SPDR DOW JONES INDL AVERAGE DIA · Put	DIA	Put	7,500	$3.5m7.5k shares	Unchanged
SYNOPSYS INC SNPS · Put	SNPS	Put	6,089	$2.4m6.1k shares	New
ALPHABET INC GOOG · Put	GOOG	Put	8,080	$2.3m8.1k shares	New
BROADCOM INC AVGO · Put	AVGO	Put	6,500	$2.0m6.5k shares	Added
AKAMAI TECHNOLOGIES INC AKAM · Put	AKAM	Put	16,500	$1.9m16.5k shares	Added
MORGAN STANLEY MS · Put	MS	Put	11,050	$1.8m11.1k shares	Reduced
TARGET CORP TGT · Put	TGT	Put	10,000	$1.2m10.0k shares	Reduced
ISHARES TR EEM · Put	EEM	Put	20,000	$1.1m20.0k shares	Added
ALPHABET INC GOOGL · Put	GOOGL	Put	3,920	$1.1m3.9k shares	Reduced
BANK AMERICA CORP BAC · Put	BAC	Put	18,750	$914.1k18.8k shares	Reduced
CITIGROUP INC C · Put	C	Put	7,660	$868.7k7.7k shares	Reduced
WELLS FARGO CO NEW WFC · Put	WFC	Put	10,800	$859.8k10.8k shares	Reduced
SEAGATE TECHNOLOGY HLDNGS PL STX · Put	STX	Put	2,000	$783.5k2.0k shares	Reduced
SPDR GOLD TR GLD · Put	GLD	Put	1,680	$722.9k1.7k shares	Added
SELECT SECTOR SPDR TR XLV · Put	XLV	Put	4,550	$667.1k4.5k shares	Added
NETFLIX INC NFLX · Put	NFLX	Put	6,675	$641.8k6.7k shares	Added
UBER TECHNOLOGIES INC UBER · Put	UBER	Put	8,700	$625.8k8.7k shares	New
WAYFAIR INC W · Put	W	Put	7,000	$526.5k7.0k shares	New
GLOBAL PMTS INC GPN · Put	GPN	Put	7,500	$504.8k7.5k shares	New

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