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 ($719.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $69.45. Options: 22 managers hold calls ($789.2m notional), 20 hold puts ($1.6bn).
Trends to Q1 2026
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 |
| Q3 2025 | 462 |
| Q4 2025 | 485 |
| Q1 2026 | 509 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 175 | 193 |
| Q3 2024 | 194 | 172 |
| Q4 2024 | 201 | 170 |
| Q1 2025 | 193 | 204 |
| Q2 2025 | 199 | 182 |
| Q3 2025 | 217 | 189 |
| Q4 2025 | 209 | 188 |
| Q1 2026 | 236 | 178 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $705.7m | $2.4bn | 3.34 |
| Q3 2025 | $940.0m | $2.1bn | 2.24 |
| Q4 2025 | $961.8m | $2.5bn | 2.64 |
| Q1 2026 | $789.2m | $1.6bn | 2.08 |
Biggest buyers
| TD Waterhouse Canada Inc. | Added | +5.0m |
| JPMORGAN CHASE & CO | Added | +4.9m |
| BARCLAYS PLC | Added | +4.0m |
| Alberta Investment Management Corp | Added | +2.9m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +2.2m |
| Public Sector Pension Investment Board | Added | +1.4m |
| Quadrature Capital Ltd | New | +1.2m |
| GOLDMAN SACHS GROUP INC | Added | +1.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +944.3k |
| Qube Research & Technologies Ltd | Added | +858.6k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -10.0m |
| FIL Ltd | Reduced | -7.4m |
| TORONTO DOMINION BANK | Reduced | -4.6m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -3.9m |
| CIBC WORLD MARKET INC. | Reduced | -2.6m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.8m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.7m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -1.6m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -1.4m |
| NICOLA WEALTH MANAGEMENT LTD. | Sold out | -1.4m |
Biggest calls
| ROYAL BANK OF CANADA | Reduced | $278.4m4.0m shares |
| SIG North Trading, ULC | Reduced | $115.1m1.7m shares |
| D. E. Shaw & Co., Inc. | Reduced | $104.0m1.5m shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $73.6m10.6k shares |
| TORONTO DOMINION BANK | Reduced | $62.0m894.4k shares |
| CIBC WORLD MARKET INC. | Reduced | $43.7m630.0k shares |
| Periscope Capital Inc. | Added | $34.7m500.0k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $24.3m350.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.8m185.2k shares |
| Murchinson Ltd. | New | $10.2m147.3k shares |
Biggest puts
| ROYAL BANK OF CANADA | Reduced | $997.7m14.4m shares |
| D. E. Shaw & Co., Inc. | Reduced | $226.8m3.3m shares |
| SIG North Trading, ULC | Reduced | $136.4m2.0m shares |
| TORONTO DOMINION BANK | Reduced | $111.2m1.6m shares |
| CIBC WORLD MARKET INC. | Reduced | $46.7m673.8k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $38.0m5.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $28.9m300.0k shares |
| BANK OF MONTREAL /CAN/ | Added | $17.7m255.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.8m199.8k shares |
| Murchinson Ltd. | New | $10.2m147.3k 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 Q1 2026
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 Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.94% of their portfolio | 71.8m $5.0bn | Reduced -10.0m |
| BANK OF MONTREAL /CAN/ 1.60% of their portfolio | 56.1m $3.9bn | Reduced -1.8m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 35.7m $2.5bn | First filing |
| CIBC WORLD MARKET INC. 3.16% of their portfolio | 26.0m $1.8bn | Reduced -2.6m |
| TD Asset Management Inc 1.08% of their portfolio | 19.2m $1.3bn | Added +507.4k |
| 1832 Asset Management L.P. 1.68% of their portfolio | 18.3m $1.3bn | Reduced -507.0k |
| TORONTO DOMINION BANK 2.35% of their portfolio | 17.6m $1.2bn | Reduced -4.6m |
| NATIONAL BANK OF CANADA /FI/ 1.16% of their portfolio | 16.4m $1.1bn | Reduced -1.4m |
| ACADIAN ASSET MANAGEMENT LLC 1.47% of their portfolio | 15.0m $1.0bn | Added +2.2m |
| SCOTIA CAPITAL INC. 3.82% of their portfolio | 13.4m $929.0m | Reduced -394.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 12.8m $916.9m | Added +579.8k |
| VANGUARD FIDUCIARY TRUST CO 0.19% of their portfolio | 11.0m $760.7m | First filing |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 10.8m $730.6m | Added +4.9m |
| TD Waterhouse Canada Inc. 2.00% of their portfolio | 9.7m $675.7m | Added +5.0m |
| Connor, Clark & Lunn Investment Management Ltd. 1.49% of their portfolio | 9.3m $647.2m | Reduced -856.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.41% of their portfolio | 9.1m $632.1m | Reduced -1.7m |
| FIL Ltd 0.49% of their portfolio | 9.0m $627.1m | Reduced -7.4m |
| CIBC Asset Management Inc 1.49% of their portfolio | 8.8m $611.5m | Reduced -1.1m |
| Vanguard Global Advisers, LLC 0.33% of their portfolio | 8.8m $608.7m | First filing |
| MACKENZIE FINANCIAL CORP 0.72% of their portfolio | 8.6m $599.5m | Reduced -1.0m |
| Legal & General Group Plc 0.13% of their portfolio | 8.4m $580.3m | Reduced -87.9k |
| Federation des caisses Desjardins du Quebec 1.92% of their portfolio | 7.7m $533.4m | Reduced -314.2k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 6.0m $416.4m | Added +154.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.63% of their portfolio | 5.5m $384.0m | Reduced -3.9m |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 5.5m $379.0m | Added +1.0m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.32% of their portfolio | 5.3m $369.7m | Reduced -1.6m |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 5.0m $348.3m | Added +400.4k |
| BARCLAYS PLC 0.12% of their portfolio | 5.0m $346.9m | Added +4.0m |
| Alberta Investment Management Corp 1.95% of their portfolio | 4.6m $316.4m | Added +2.9m |
| MORGAN STANLEY 0.02% of their portfolio | 4.1m $286.1m | Reduced -982.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 4.1m $284.0m | Added +944.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 4.0m $274.3m | Reduced -163.0k |
| LETKO, BROSSEAU & ASSOCIATES INC 3.91% of their portfolio | 3.5m $242.7m | Reduced -215.1k |
| Amundi 0.06% of their portfolio | 3.3m $233.0m | Added +342.2k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.73% of their portfolio | 3.2m $223.1m | Reduced -107.2k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 3.0m $203.3m | Reduced -588.7k |
| Invesco Ltd. 0.02% of their portfolio | 2.7m $185.8m | Added +429.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.15% of their portfolio | 2.5m $173.1m | First filing |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.4m $169.7m | Reduced -187.2k |
| Public Sector Pension Investment Board 0.44% of their portfolio | 2.0m $140.5m | Added +1.4m |
| Cardinal Capital Management, Inc. 3.77% of their portfolio | 2.0m $139.8m | Added +25.2k |
| Clearbridge Investments, LLC 0.12% of their portfolio | 2.0m $137.1m | Reduced -68.4k |
| OMERS ADMINISTRATION Corp 0.84% of their portfolio | 1.9m $131.2m | Reduced -406.0k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 1.9m $130.7m | Added +206.4k |
| MUFG SECURITIES (CANADA), LTD. 3.64% of their portfolio | 1.8m $126.6m | Reduced -53.8k |
| VAN ECK ASSOCIATES CORP 0.09% of their portfolio | 1.6m $113.8m | Added +443.9k |
| BlackRock, Inc. 0.00% of their portfolio | 1.5m $104.2m | Added +214.4k |
| Hillsdale Investment Management Inc. 2.44% of their portfolio | 1.3m $89.7m | Added +139.4k |
| Quadrature Capital Ltd 1.01% of their portfolio | 1.2m $85.1m | New |
| Artemis Investment Management LLP 0.90% of their portfolio | 1.2m $85.0m | Added +669.5k |
| UBS Group AG 0.02% of their portfolio | 1.2m $84.8m | Added +296.4k |
| CITIGROUP INC 0.05% of their portfolio | 1.2m $84.0m | Reduced -209.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.21% of their portfolio | 1.2m $84.0m | Added +388.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $83.9m | Added +5.1k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.49% of their portfolio | 1.2m $82.1m | Added +536.2k |
| AVIVA PLC 0.13% of their portfolio | 1.2m $79.8m | Added +33.0k |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 1.1m $78.7m | Added +858.6k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 1.1m $75.9m | Added +113.7k |
| Marathon Asset Management Ltd 2.89% of their portfolio | 1.1m $75.3m | Reduced -4.7k |
| Addenda Capital Inc. 2.92% of their portfolio | 1.1m $103.6m | Added +2.7k |
| SIG North Trading, ULC 13.41% of their portfolio | 964.7k $66.9m | Added +199.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 896.1k $62.1m | Added +2.0k |
| Nuveen, LLC 0.02% of their portfolio | 867.9k $60.0m | Unchanged |
| Korea Investment CORP 0.12% of their portfolio | 855.9k $59.2m | Added +16.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.56% of their portfolio | 830.2k $57.4m | Added +8.4k |
| Value Partners Investments Inc. 4.28% of their portfolio | 811.6k $56.2m | Reduced -171.0k |
| Purpose Unlimited Inc. 2.24% of their portfolio | 780.4k $54.1m | Added +73.2k |
| Pictet Asset Management Holding SA 0.06% of their portfolio | 763.2k $52.7m | Reduced -22.8k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 703.5k $48.8m | Reduced -4.0k |
| State of Tennessee, Department of Treasury 0.16% of their portfolio | 694.7k $48.0m | Reduced -38 |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 692.7k $48.0m | Added +31.4k |
| BCV Asset Management Inc. 1.64% of their portfolio | 690.3k $47.7m | Reduced -275.2k |
| APG Asset Management N.V. 0.12% of their portfolio | 636.0k $38.2m | Reduced -3.7k |
| Guardian Partners Inc. 3.66% of their portfolio | 632.5k $43.9m | Reduced -5.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.09% of their portfolio | 622.9k $43.1m | Added +19.2k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 621.7k $43.1m | Added +105.3k |
| Vanguard Investments Australia, Ltd. 0.12% of their portfolio | 616.5k $42.8m | First filing |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 4.33% of their portfolio | 577.5k $40.7m | Reduced -93.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 530.2k $36.8m | Added +195.2k |
| Cumberland Partners Ltd 2.76% of their portfolio | 526.3k $36.4m | Reduced -26.5k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 496.5k $33.8m | Reduced -10.3k |
| GUARDIAN CAPITAL LP 0.90% of their portfolio | 493.1k $34.1m | Reduced -3.6k |
| JUPITER ASSET MANAGEMENT LTD 0.17% of their portfolio | 468.7k $32.4m | Reduced -432.1k |
| Caisse de depot et placement du Quebec 0.05% of their portfolio | 459.7k $31.8m | Reduced -71.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 445.5k $30.9m | Reduced -322.3k |
| SEB Asset Management AB 0.13% of their portfolio | 436.1k $30.1m | First filing |
| STATE OF WISCONSIN INVESTMENT BOARD 0.07% of their portfolio | 432.1k $29.9m | Reduced -45.7k |
| Delaney Capital Management Ltd. 4.75% of their portfolio | 427.6k $29.6m | Added +6.4k |
| INTACT INVESTMENT MANAGEMENT INC. 0.77% of their portfolio | 392.1k $27.2m | Reduced -41.6k |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 1.28% of their portfolio | 359.1k $24.8m | Unchanged |
| AGF MANAGEMENT LTD 0.15% of their portfolio | 352.1k $34.0m | Reduced -24.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.07% of their portfolio | 311.8k $21.6m | Added +54.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 310.4k $21.5m | Added +148.9k |
| Aviso Financial Inc. 0.76% of their portfolio | 308.3k $21.4m | Added +10.9k |
| Investment Management Corp of Ontario 0.27% of their portfolio | 305.6k $21.2m | Added +5.4k |
| CANERECTOR INC 13.71% of their portfolio | 300.0k $28.9m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 290.4k $21.1m | Added +16.1k |
| Mn Services Vermogensbeheer B.V. 0.13% of their portfolio | 283.6k $19.6m | Reduced -2.2k |
| Man Group plc 0.04% of their portfolio | 278.0k $19.2m | Added +19.6k |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 272.9k $18.7m | Unchanged |