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 ($299.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.37. Options: 27 managers hold calls ($705.7m notional), 21 hold puts ($2.4bn).
Trends to Q2 2025
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 |
| Q3 2024 | 414 |
| Q4 2024 | 444 |
| Q1 2025 | 422 |
| Q2 2025 | 435 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 163 | 176 |
| Q4 2023 | 163 | 200 |
| Q1 2024 | 217 | 146 |
| Q2 2024 | 175 | 193 |
| Q3 2024 | 194 | 172 |
| Q4 2024 | 201 | 170 |
| Q1 2025 | 193 | 204 |
| Q2 2025 | 199 | 182 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $848.5m | $663.4m | 0.78 |
| Q4 2024 | $651.2m | $973.4m | 1.49 |
| Q1 2025 | $787.2m | $959.2m | 1.22 |
| Q2 2025 | $705.7m | $2.4bn | 3.34 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +115.7m |
| GOLDMAN SACHS GROUP INC | Added | +23.2m |
| JPMORGAN CHASE & CO | Added | +6.0m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +4.8m |
| OMERS ADMINISTRATION Corp | Added | +2.6m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +2.2m |
| VANGUARD GROUP INC | Added | +1.8m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.7m |
| BANK OF AMERICA CORP /DE/ | Added | +1.6m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +1.4m |
Biggest sellers
| TORONTO DOMINION BANK | Reduced | -8.2m |
| BANK OF MONTREAL /CAN/ | Reduced | -6.9m |
| Murchinson Ltd. | Sold out | -4.3m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -3.2m |
| CIBC WORLD MARKET INC. | Reduced | -2.6m |
| Beutel, Goodman & Co Ltd. | Reduced | -2.1m |
| MORGAN STANLEY | Reduced | -752.4k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -717.9k |
| 1832 Asset Management L.P. | Reduced | -701.3k |
| CIBC Asset Management Inc | Reduced | -682.0k |
Biggest calls
| ROYAL BANK OF CANADA | Added | $179.3m3.2m shares |
| SIG North Trading, ULC | Added | $67.8m1.2m shares |
| TORONTO DOMINION BANK | Reduced | $65.2m1.2m shares |
| CIBC WORLD MARKET INC. | Reduced | $64.8m1.2m shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $60.7m11.0k shares |
| D. E. Shaw & Co., Inc. | Added | $57.0m1.0m shares |
| BANK OF MONTREAL /CAN/ | Reduced | $33.4m603.5k shares |
| Periscope Capital Inc. | New | $24.9m450.0k shares |
| CITADEL ADVISORS LLC | Reduced | $22.1m399.3k shares |
| GOLDMAN SACHS GROUP INC | Added | $16.6m300.0k shares |
Biggest puts
| ROYAL BANK OF CANADA | Added | $1.9bn33.6m shares |
| TORONTO DOMINION BANK | Reduced | $149.2m2.7m shares |
| SIG North Trading, ULC | Added | $144.1m2.6m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $56.5m750.0k shares |
| CIBC WORLD MARKET INC. | Reduced | $53.7m971.8k shares |
| D. E. Shaw & Co., Inc. | Reduced | $39.9m721.2k shares |
| BANK OF MONTREAL /CAN/ | Added | $13.3m239.5k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $12.2m2.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.6m192.5k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $5.5m100.0k 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 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 1.16% of their portfolio | 215.4m $11.9bn | Added +115.7m |
| BANK OF MONTREAL /CAN/ 1.65% of their portfolio | 59.4m $3.3bn | Reduced -6.9m |
| VANGUARD GROUP INC 0.05% of their portfolio | 55.0m $3.0bn | Added +1.8m |
| GOLDMAN SACHS GROUP INC 0.30% of their portfolio | 33.2m $1.8bn | Added +23.2m |
| CIBC WORLD MARKET INC. 3.46% of their portfolio | 28.3m $1.6bn | Reduced -2.6m |
| TORONTO DOMINION BANK 2.47% of their portfolio | 20.8m $1.1bn | Reduced -8.2m |
| NATIONAL BANK OF CANADA /FI/ 1.13% of their portfolio | 19.0m $1.1bn | Reduced -3.2m |
| TD Asset Management Inc 0.85% of their portfolio | 18.1m $1.0bn | Reduced -54.6k |
| 1832 Asset Management L.P. 1.64% of their portfolio | 17.0m $940.5m | Reduced -701.3k |
| NORGES BANK 0.10% of their portfolio | 15.2m $838.7m | Added +1.0m |
| MACKENZIE FINANCIAL CORP 1.09% of their portfolio | 15.1m $837.9m | Reduced -15.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.65% of their portfolio | 14.9m $823.8m | Added +4.8m |
| SCOTIA CAPITAL INC. 3.72% of their portfolio | 14.2m $786.7m | Added +90.2k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 13.1m $726.7m | Added +6.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 10.1m $564.9m | Added +1.7m |
| Federation des caisses Desjardins du Quebec 1.88% of their portfolio | 7.7m $427.3m | Reduced -396.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.36% of their portfolio | 7.6m $423.1m | Reduced -717.9k |
| Legal & General Group Plc 0.10% of their portfolio | 7.6m $421.4m | Reduced -366.1k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 7.5m $414.2m | Added +1.6m |
| CIBC Asset Management Inc 1.18% of their portfolio | 6.8m $376.2m | Reduced -682.0k |
| Connor, Clark & Lunn Investment Management Ltd. 1.15% of their portfolio | 5.9m $327.5m | Reduced -403.4k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 5.5m $305.9m | Added +206.7k |
| TD Waterhouse Canada Inc. 1.91% of their portfolio | 4.8m $266.1m | Added +130.1k |
| Amundi 0.10% of their portfolio | 4.7m $285.2m | Added +495.8k |
| MORGAN STANLEY 0.01% of their portfolio | 4.1m $227.9m | Reduced -752.4k |
| LETKO, BROSSEAU & ASSOCIATES INC 4.28% of their portfolio | 4.1m $223.6m | Added +40.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 4.0m $223.4m | Added +170.7k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.66% of their portfolio | 3.6m $197.1m | Reduced -34.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.16% of their portfolio | 3.2m $178.6m | Added +9.3k |
| OMERS ADMINISTRATION Corp 1.33% of their portfolio | 3.1m $169.0m | Added +2.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 2.9m $161.9m | Added +946.5k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.93% of their portfolio | 2.9m $159.0m | Added +2.2m |
| NICOLA WEALTH MANAGEMENT LTD. 13.14% of their portfolio | 2.5m $140.2m | Added +235.1k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 2.3m $125.2m | Added +176.0k |
| Invesco Ltd. 0.02% of their portfolio | 2.3m $127.0m | Reduced -152.8k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 2.3m $126.3m | Added +976.8k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 2.2m $122.6m | Added +412.6k |
| Alberta Investment Management Corp 0.92% of their portfolio | 2.1m $117.7m | Unchanged |
| MUFG SECURITIES (CANADA), LTD. 3.55% of their portfolio | 2.1m $116.6m | Reduced -38.8k |
| Cardinal Capital Management, Inc. 3.60% of their portfolio | 2.1m $114.9m | Added +17.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.7m $93.4m | Added +131.7k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.6m $87.8m | Reduced -60.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.17% of their portfolio | 1.5m $84.4m | Added +1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 1.5m $82.4m | Added +1.3m |
| Public Sector Pension Investment Board 0.33% of their portfolio | 1.4m $77.8m | Added +1.3m |
| TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio | 1.4m $77.4m | New |
| JARISLOWSKY, FRASER Ltd 0.43% of their portfolio | 1.4m $75.2m | Reduced -610.3k |
| SIG North Trading, ULC 15.91% of their portfolio | 1.3m $72.6m | Added +318.9k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 1.3m $69.6m | Added +3.7k |
| Marathon Asset Management Ltd 2.18% of their portfolio | 1.2m $68.0m | Added +344.6k |
| Burgundy Asset Management Ltd. 0.65% of their portfolio | 1.2m $66.3m | Reduced -4.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $66.3m | Added +44.3k |
| Scheer, Rowlett & Associates Investment Management Ltd. 4.26% of their portfolio | 1.2m $65.8m | Added +33.8k |
| Quadrature Capital Ltd 1.07% of their portfolio | 1.1m $62.1m | Added +99.6k |
| Value Partners Investments Inc. 4.84% of their portfolio | 1.1m $61.9m | Reduced -3.4k |
| Hillsdale Investment Management Inc. 2.24% of their portfolio | 1.1m $60.7m | Added +3.7k |
| INTACT INVESTMENT MANAGEMENT INC. 2.04% of their portfolio | 1.1m $60.4m | Reduced -3.6k |
| AVIVA PLC 0.12% of their portfolio | 1.1m $59.8m | Reduced -431.5k |
| BlackRock, Inc. 0.00% of their portfolio | 1.1m $59.2m | Added +91.3k |
| CITIGROUP INC 0.04% of their portfolio | 976.5k $53.9m | Added +262.6k |
| Addenda Capital Inc. 2.62% of their portfolio | 967.9k $72.9m | Reduced -19.2k |
| FIL Ltd 0.05% of their portfolio | 962.7k $53.2m | Added +243.0k |
| APG Asset Management N.V. 0.13% of their portfolio | 952.2k $44.8m | Added +285.9k |
| UBS Group AG 0.01% of their portfolio | 925.5k $51.2m | Reduced -9.5k |
| Korea Investment CORP 0.11% of their portfolio | 880.3k $48.6m | Reduced -61.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio | 878.9k $48.6m | Reduced -179.6k |
| Nuveen, LLC 0.01% of their portfolio | 871.9k $48.1m | Reduced -1.8k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 852.7k $47.1m | Reduced -121.4k |
| Pictet Asset Management Holding SA 0.05% of their portfolio | 848.8k $46.8m | Reduced -52.8k |
| VAN ECK ASSOCIATES CORP 0.05% of their portfolio | 822.8k $45.5m | Added +296.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 811.5k $44.9m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 809.3k $44.7m | Reduced -27.3k |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 803.1k $44.4m | Reduced -215.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.13% of their portfolio | 801.3k $44.2m | Reduced -10.3k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 4.67% of their portfolio | 764.9k $42.3m | Reduced -17.2k |
| State of Tennessee, Department of Treasury 0.14% of their portfolio | 708.8k $39.1m | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.08% of their portfolio | 623.1k $34.4m | Added +47.0k |
| Guardian Partners Inc. 2.97% of their portfolio | 600.7k $33.0m | Reduced -31.0k |
| Man Group plc 0.07% of their portfolio | 577.8k $31.9m | Added +159.5k |
| AXA S.A. 0.07% of their portfolio | 467.9k $25.9m | Added +81.1k |
| GUARDIAN CAPITAL LP 0.90% of their portfolio | 463.1k $25.6m | Reduced -2.3k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 451.2k $24.9m | Added +59.2k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 416.5k $23.0m | New |
| PORTLAND INVESTMENT COUNSEL INC. 6.66% of their portfolio | 409.6k $22.6m | Unchanged |
| AGF MANAGEMENT LTD 0.13% of their portfolio | 394.5k $29.7m | New |
| Lighthouse Investment Partners, LLC 0.94% of their portfolio | 391.3k $21.6m | Added +99.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 386.3k $21.4m | Added +26.7k |
| FORSTA AP-FONDEN 0.13% of their portfolio | 368.0k $20.3m | Reduced -25.4k |
| BARCLAYS PLC 0.01% of their portfolio | 359.3k $19.9m | Added +39.5k |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 1.06% of their portfolio | 359.1k $19.8m | Unchanged |
| Euro Pacific Asset Management, LLC 1.30% of their portfolio | 354.4k $14.0m | Added +176.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 352.0k $19.5m | Added +198.0k |
| Northwest & Ethical Investments L.P. 0.46% of their portfolio | 337.1k $18.6m | Added +85.0k |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 301.0k $16.6m | Unchanged |
| CANERECTOR INC 12.81% of their portfolio | 300.0k $22.6m | Unchanged |
| Eisler Capital Management Ltd. 0.56% of their portfolio | 294.3k $16.3m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 290.6k $16.6m | Reduced -42.8k |
| Aviso Financial Inc. 0.69% of their portfolio | 278.0k $15.4m | Reduced -25.7k |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 272.9k $15.2m | Added +1.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 271.0k $15.0m | Reduced -499.8k |