BANK NOVA SCOTIA HALIFAX BNS
COM · Common Stock · CUSIP 064149107 · ISIN CA0641491075
- SectorFinancials
- IndustryState Commercial Banks
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($151.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.11. Options: 22 managers hold calls ($491.6m notional), 22 hold puts ($491.1m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 416 |
| Q4 2022 | 421 |
| Q1 2023 | 406 |
| Q2 2023 | 388 |
| Q3 2023 | 397 |
| Q4 2023 | 392 |
| Q1 2024 | 401 |
| Q2 2024 | 395 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 161 | 211 |
| Q1 2023 | 182 | 197 |
| Q2 2023 | 172 | 184 |
| Q3 2023 | 163 | 176 |
| Q4 2023 | 163 | 200 |
| Q1 2024 | 217 | 146 |
| Q2 2024 | 175 | 193 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $422.2m | $626.6m | 1.48 |
| Q4 2023 | $388.5m | $506.2m | 1.30 |
| Q1 2024 | $397.7m | $504.0m | 1.27 |
| Q2 2024 | $491.6m | $491.1m | 1.00 |
Biggest buyers
| Federation des caisses Desjardins du Quebec | Added | +9.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +3.6m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | New | +2.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +1.9m |
| VANGUARD GROUP INC | Added | +1.5m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +1.5m |
| ROYAL BANK OF CANADA | Added | +1.3m |
| CIBC WORLD MARKET INC. | Added | +1.3m |
| NORGES BANK | Added | +1.1m |
| FIRST TRUST ADVISORS LP | Added | +992.9k |
Biggest sellers
| MORGAN STANLEY | Reduced | -7.5m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -5.2m |
| Sumitomo Mitsui Trust Group, Inc. | Sold out | -2.8m |
| TORONTO DOMINION BANK | Reduced | -2.2m |
| 1832 Asset Management L.P. | Reduced | -1.9m |
| MUFG SECURITIES (CANADA), LTD. | Reduced | -1.8m |
| HSBC HOLDINGS PLC | Reduced | -1.5m |
| Alberta Investment Management Corp | Reduced | -1.3m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.1m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -834.4k |
Biggest calls
| ROYAL BANK OF CANADA | Added | $116.5m2.5m shares |
| CIBC WORLD MARKET INC. | Added | $96.2m2.1m shares |
| CLEAR STREET LLC | New | $64.0m1.4m shares |
| BANK OF MONTREAL /CAN/ | Reduced | $58.7m1.2m shares |
| SIG North Trading, ULC | Reduced | $23.5m514.0k shares |
| Twin Tree Management, LP | New | $22.9m501.3k shares |
| CITADEL ADVISORS LLC | Added | $20.6m449.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $17.6m384.7k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $17.1m375.0k shares |
| JANE STREET GROUP, LLC | Added | $13.5m295.6k shares |
Biggest puts
| ROYAL BANK OF CANADA | Added | $256.5m5.6m shares |
| SIG North Trading, ULC | Added | $65.2m1.4m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $37.6m601.2k shares |
| CIBC WORLD MARKET INC. | Unchanged | $36.1m788.6k shares |
| BANK OF MONTREAL /CAN/ | New | $21.0m444.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.0m415.5k shares |
| Twin Tree Management, LP | Reduced | $12.8m279.3k shares |
| CITADEL ADVISORS LLC | Added | $9.6m209.4k shares |
| D. E. Shaw & Co., Inc. | Added | $8.0m175.0k shares |
| SIMPLEX TRADING, LLC | Added | $6.8m149.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: BANK OF MONTREAL /CAN/ (4.6%, 2026-05-13)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 1.11% of their portfolio | 100.4m $4.6bn | Added +1.3m |
| BANK OF MONTREAL /CAN/ 0.99% of their portfolio | 69.4m $3.3bn | Reduced -147.8k |
| VANGUARD GROUP INC 0.04% of their portfolio | 49.3m $2.3bn | Added +1.5m |
| CIBC WORLD MARKET INC. 3.34% of their portfolio | 29.4m $1.3bn | Added +1.3m |
| TORONTO DOMINION BANK 1.67% of their portfolio | 22.8m $1.0bn | Reduced -2.2m |
| NATIONAL BANK OF CANADA /FI/ 1.37% of their portfolio | 19.4m $882.1m | Added +91.5k |
| TD Asset Management Inc 0.80% of their portfolio | 18.6m $852.6m | Reduced -292.1k |
| NORGES BANK 0.11% of their portfolio | 15.5m $711.1m | Added +1.1m |
| 1832 Asset Management L.P. 1.25% of their portfolio | 15.1m $690.2m | Reduced -1.9m |
| MACKENZIE FINANCIAL CORP 1.03% of their portfolio | 15.1m $690.4m | Added +683.9k |
| SCOTIA CAPITAL INC. 4.00% of their portfolio | 15.0m $683.7m | Added +764.7k |
| Federation des caisses Desjardins du Quebec 3.51% of their portfolio | 14.3m $655.2m | Added +9.6m |
| JARISLOWSKY, FRASER Ltd 3.52% of their portfolio | 12.7m $580.1m | Reduced -56.0k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 12.2m $559.6m | Added +727.7k |
| CIBC Asset Management Inc 1.60% of their portfolio | 9.8m $449.5m | Reduced -69.9k |
| Connor, Clark & Lunn Investment Management Ltd. 1.87% of their portfolio | 9.7m $446.0m | Reduced -834.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.28% of their portfolio | 9.4m $430.5m | Reduced -5.2m |
| Beutel, Goodman & Co Ltd. 1.79% of their portfolio | 7.4m $336.7m | Reduced -136.0k |
| Legal & General Group Plc 0.09% of their portfolio | 7.2m $328.4m | Reduced -4.6k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 5.9m $268.6m | Reduced -825.7k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 5.3m $244.4m | Reduced -1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.1m $236.6m | Added +277.1k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 5.1m $232.8m | Reduced -195.2k |
| Amundi 0.10% of their portfolio | 4.6m $254.8m | Reduced -410.6k |
| LETKO, BROSSEAU & ASSOCIATES INC 3.84% of their portfolio | 4.4m $202.4m | Reduced -19.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.18% of their portfolio | 4.0m $180.9m | Reduced -49.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.16% of their portfolio | 3.8m $172.6m | Reduced -229.0k |
| MORGAN STANLEY 0.01% of their portfolio | 3.6m $164.7m | Reduced -7.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 3.6m $164.4m | New |
| TD Waterhouse Canada Inc. 1.30% of their portfolio | 3.2m $144.9m | Added +7.5k |
| Invesco Ltd. 0.03% of their portfolio | 2.7m $121.5m | Reduced -398.8k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.41% of their portfolio | 2.6m $120.5m | New |
| Alberta Investment Management Corp 1.19% of their portfolio | 2.5m $112.4m | Reduced -1.3m |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 2.4m $109.2m | Added +219.9k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 2.3m $105.6m | Reduced -50.4k |
| NICOLA WEALTH MANAGEMENT LTD. 12.86% of their portfolio | 2.3m $143.9m | Added +800.0k |
| Cardinal Capital Management, Inc. 3.61% of their portfolio | 2.1m $94.0m | Added +137.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 1.9m $88.0m | New |
| FIL Ltd 0.08% of their portfolio | 1.9m $85.0m | Added +40.2k |
| MUFG SECURITIES (CANADA), LTD. 4.98% of their portfolio | 1.7m $75.5m | Reduced -1.8m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.42% of their portfolio | 1.5m $69.6m | Added +1.5m |
| Scheer, Rowlett & Associates Investment Management Ltd. 5.23% of their portfolio | 1.5m $68.3m | Reduced -7.8k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.4m $65.1m | Added +116.6k |
| Value Partners Investments Inc. 5.59% of their portfolio | 1.4m $64.5m | Reduced -10.1k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 1.4m $64.0m | Reduced -480.7k |
| AVIVA PLC 0.16% of their portfolio | 1.3m $59.1m | Added +248.0k |
| Burgundy Asset Management Ltd. 0.59% of their portfolio | 1.2m $56.1m | Reduced -22.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.20% of their portfolio | 1.2m $53.9m | Added +50.7k |
| Addenda Capital Inc. 2.88% of their portfolio | 1.2m $73.4m | Reduced -3.7k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.1m $51.3m | Added +992.9k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 1.1m $51.0m | Added +638.0k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.1m $51.0m | Added +55.7k |
| INTACT INVESTMENT MANAGEMENT INC. 1.80% of their portfolio | 1.1m $48.2m | Added +304.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.0m $47.6m | Reduced -19.3k |
| BlackRock Inc. 0.00% of their portfolio | 977.4k $44.7m | Reduced -141.9k |
| CANADA LIFE ASSURANCE Co 0.08% of their portfolio | 967.7k $44.3m | Added +22.1k |
| Marathon Asset Management Ltd 1.37% of their portfolio | 956.8k $43.8m | Reduced -172.8k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 4.72% of their portfolio | 848.8k $38.9m | Reduced -9.8k |
| AXA S.A. 0.06% of their portfolio | 833.5k $38.1m | Added +436.5k |
| Korea Investment CORP 0.09% of their portfolio | 816.1k $37.3m | Reduced -135.4k |
| Dixon Mitchell Investment Counsel Inc. 1.68% of their portfolio | 732.1k $33.5m | Reduced -7.5k |
| Nexus Investment Management ULC 3.46% of their portfolio | 721.2k $33.0m | Added +33.3k |
| State of Tennessee, Department of Treasury 0.12% of their portfolio | 693.4k $31.7m | Added +1.9k |
| GUARDIAN CAPITAL ADVISORS LP 3.12% of their portfolio | 636.2k $29.3m | Reduced -41.2k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 621.0k $28.4m | New |
| SIG North Trading, ULC 7.28% of their portfolio | 612.9k $28.0m | Added +165.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio | 539.2k $24.7m | Added +127.2k |
| UBS Group AG 0.01% of their portfolio | 534.0k $24.4m | Added +54.1k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 533.7k $24.8m | Added +8.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 531.7k $24.3m | Added +34.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.08% of their portfolio | 531.5k $24.3m | Added +61.2k |
| CITIGROUP INC 0.02% of their portfolio | 517.1k $23.7m | Added +28.1k |
| OMERS ADMINISTRATION Corp 0.21% of their portfolio | 474.8k $21.7m | Added +42.4k |
| GUARDIAN CAPITAL LP 0.80% of their portfolio | 461.8k $21.1m | Reduced -17.3k |
| Unigestion Holding SA 1.19% of their portfolio | 443.0k $21.6m | Added +79.1k |
| PORTLAND INVESTMENT COUNSEL INC. 6.98% of their portfolio | 423.4k $19.4m | Unchanged |
| MARSHALL WACE, LLP 0.03% of their portfolio | 422.0k $19.3m | Reduced -156.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 410.7k $22.8m | Added +162.1k |
| AGF MANAGEMENT LTD 0.14% of their portfolio | 395.3k $24.7m | Reduced -118.1k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 380.0k $17.4m | Added +49.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 342.4k $15.7m | Added +7.0k |
| FORSTA AP-FONDEN 0.13% of their portfolio | 328.6k $15.0m | Reduced -48.2k |
| Aviso Financial Inc. 0.76% of their portfolio | 297.2k $13.6m | First filing |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 1.12% of their portfolio | 289.1k $13.2m | Unchanged |
| CIDEL ASSET MANAGEMENT INC 1.01% of their portfolio | 286.4k $13.1m | Reduced -3.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 282.5k $12.9m | Added +21.2k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 279.3k $12.8m | Added +27.4k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 276.3k $12.6m | Added +4.8k |
| Mn Services Vermogensbeheer B.V. 0.09% of their portfolio | 272.8k $12.5m | Reduced -13.8k |
| Northwest & Ethical Investments L.P. 0.35% of their portfolio | 264.0k $12.1m | Reduced -127.5k |
| AMF Tjanstepension AB 0.09% of their portfolio | 263.9k $12.2m | Reduced -310.6k |
| BANK OF NOVA SCOTIA TRUST CO 1.31% of their portfolio | 256.1k $11.7m | Reduced -22.9k |
| Euro Pacific Asset Management, LLC 2.17% of their portfolio | 239.2k $10.9m | Reduced -2.7k |
| DORCHESTER WEALTH MANAGEMENT Co 1.87% of their portfolio | 213.4k $9.7m | Reduced -4.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 211.4k $9.7m | Reduced -80.5k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 200.4k $9.2m | Reduced -319.8k |
| Investment Management Corp of Ontario 0.24% of their portfolio | 195.4k $8.9m | Added +3.6k |
| Corient Private Wealth LP 0.02% of their portfolio | 194.6k $8.9m | Added +4.7k |
| LOUISBOURG INVESTMENTS INC. 2.47% of their portfolio | 192.5k $8.8m | Added +20.7k |
| USS Investment Management Ltd 0.07% of their portfolio | 189.4k $8.7m | Added +10.8k |