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 ($870.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $87.64. Options: 22 managers hold calls ($1.0bn notional), 21 hold puts ($2.1bn).
Trends to Q2 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 |
| Q2 2026 | 533 |
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 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 |
| Q2 2026 | 262 | 199 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $940.0m | $2.1bn | 2.24 |
| Q4 2025 | $961.8m | $2.5bn | 2.64 |
| Q1 2026 | $789.2m | $1.6bn | 2.08 |
| Q2 2026 | $1.0bn | $2.1bn | 2.07 |
Biggest buyers
| ACADIAN ASSET MANAGEMENT LLC | Added | +3.4m |
| FIL Ltd | Added | +3.2m |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +2.6m |
| MORGAN STANLEY | Added | +2.6m |
| BARCLAYS PLC | Added | +2.0m |
| CIBC Asset Management Inc | Added | +2.0m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.5m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +1.1m |
| JANE STREET GROUP, LLC | Added | +992.6k |
| Artemis Investment Management LLP | Added | +843.1k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -6.0m |
| TD Asset Management Inc | Reduced | -5.1m |
| TORONTO DOMINION BANK | Reduced | -5.1m |
| BANK OF MONTREAL /CAN/ | Reduced | -4.1m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -2.8m |
| Alberta Investment Management Corp | Reduced | -2.5m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.4m |
| 1832 Asset Management L.P. | Reduced | -2.0m |
| Invesco Ltd. | Reduced | -1.2m |
| CIBC WORLD MARKET INC. | Reduced | -764.1k |
Biggest calls
| ROYAL BANK OF CANADA | Reduced | $277.9m3.2m shares |
| SIG North Trading, ULC | Added | $168.1m1.9m shares |
| Periscope Capital Inc. | Added | $130.5m1.5m shares |
| D. E. Shaw & Co., Inc. | Reduced | $128.7m1.5m shares |
| TORONTO DOMINION BANK | Added | $98.8m1.1m shares |
| BANK OF MONTREAL /CAN/ | Added | $82.5m950.0k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $54.1m6.2k shares |
| CIBC WORLD MARKET INC. | Reduced | $17.9m453.3k shares |
| CITADEL ADVISORS LLC | Added | $14.3m164.7k shares |
| Polar Asset Management Partners Inc. | New | $13.1m151.5k shares |
Biggest puts
| ROYAL BANK OF CANADA | Added | $1.3bn14.4m shares |
| D. E. Shaw & Co., Inc. | Added | $315.4m3.6m shares |
| SIG North Trading, ULC | Added | $189.8m2.2m shares |
| TORONTO DOMINION BANK | Added | $141.5m1.6m shares |
| CIBC WORLD MARKET INC. | Added | $61.1m703.8k shares |
| Periscope Capital Inc. | New | $43.4m500.0k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $37.0m300.0k shares |
| BANK OF MONTREAL /CAN/ | Unchanged | $22.1m255.0k shares |
| Flat Footed LLC | New | $20.2m232.5k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $15.4m1.8k 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 since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.97% of their portfolio | 65.8m $5.7bn | Reduced -6.0m |
| BANK OF MONTREAL /CAN/ 1.64% of their portfolio | 51.9m $4.5bn | Reduced -4.1m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 35.7m $3.1bn | Added +23.3k |
| CIBC WORLD MARKET INC. 3.68% of their portfolio | 25.2m $2.2bn | Reduced -764.1k |
| NORGES BANK 0.16% of their portfolio | 18.4m $1.6bn | Not comparable |
| ACADIAN ASSET MANAGEMENT LLC 1.90% of their portfolio | 18.4m $1.6bn | Added +3.4m |
| 1832 Asset Management L.P. 1.73% of their portfolio | 16.3m $1.4bn | Reduced -2.0m |
| NATIONAL BANK OF CANADA /FI/ 1.19% of their portfolio | 15.7m $1.4bn | Reduced -723.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 14.3m $1.3bn | Added +1.5m |
| TD Asset Management Inc 1.06% of their portfolio | 14.1m $1.2bn | Reduced -5.1m |
| SCOTIA CAPITAL INC. 4.20% of their portfolio | 12.9m $1.1bn | Reduced -486.8k |
| TORONTO DOMINION BANK 1.81% of their portfolio | 12.5m $1.1bn | Reduced -5.1m |
| FIL Ltd 0.76% of their portfolio | 12.2m $1.1bn | Added +3.2m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.56% of their portfolio | 11.7m $1.0bn | Added +2.6m |
| VANGUARD FIDUCIARY TRUST CO 0.21% of their portfolio | 10.9m $949.5m | Reduced -46.2k |
| CIBC Asset Management Inc 2.06% of their portfolio | 10.8m $938.0m | Added +2.0m |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 10.7m $929.5m | Reduced -108.5k |
| Vanguard Global Advisers, LLC 0.38% of their portfolio | 9.5m $822.5m | Added +685.8k |
| TD Waterhouse Canada Inc. 2.08% of their portfolio | 9.0m $791.3m | Reduced -629.2k |
| MACKENZIE FINANCIAL CORP 1.05% of their portfolio | 8.7m $1.1bn | Added +8.2k |
| Legal & General Group Plc 0.15% of their portfolio | 8.2m $709.8m | Reduced -225.5k |
| Federation des caisses Desjardins du Quebec 2.01% of their portfolio | 7.6m $657.1m | Reduced -142.3k |
| BARCLAYS PLC 0.19% of their portfolio | 7.0m $611.9m | Added +2.0m |
| MORGAN STANLEY 0.03% of their portfolio | 6.7m $583.9m | Added +2.6m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.82% of their portfolio | 6.6m $575.3m | Added +1.1m |
| Connor, Clark & Lunn Investment Management Ltd. 1.07% of their portfolio | 6.5m $567.3m | Reduced -2.8m |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 6.1m $533.1m | Added +129.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.32% of their portfolio | 4.8m $416.4m | Reduced -536.4k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 4.7m $411.8m | Reduced -727.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 4.1m $355.0m | Added +118.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 4.1m $354.4m | Reduced -27.9k |
| LETKO, BROSSEAU & ASSOCIATES INC 4.34% of their portfolio | 3.4m $293.7m | Reduced -130.3k |
| Amundi 0.07% of their portfolio | 3.1m $274.4m | Reduced -202.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.16% of their portfolio | 2.8m $242.4m | Added +292.8k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 2.7m $232.0m | Added +222.9k |
| AQR CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 2.7m $230.6m | Reduced -312.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.70% of their portfolio | 2.7m $230.4m | Reduced -566.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.6m $224.8m | Reduced -2.4m |
| Artemis Investment Management LLP 1.60% of their portfolio | 2.1m $179.7m | Added +843.1k |
| Alberta Investment Management Corp 1.02% of their portfolio | 2.0m $177.2m | Reduced -2.5m |
| Cardinal Capital Management, Inc. 4.24% of their portfolio | 2.0m $175.1m | Reduced -4.3k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 2.0m $171.1m | Added +86.5k |
| Clearbridge Investments, LLC 0.13% of their portfolio | 1.8m $156.1m | Reduced -164.2k |
| MUFG SECURITIES (CANADA), LTD. 4.07% of their portfolio | 1.7m $150.9m | Reduced -90.0k |
| Public Sector Pension Investment Board 0.38% of their portfolio | 1.7m $144.8m | Reduced -355.1k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.91% of their portfolio | 1.7m $144.7m | Added +482.3k |
| OMERS ADMINISTRATION Corp 0.86% of their portfolio | 1.6m $143.0m | Reduced -251.8k |
| UBS Group AG 0.02% of their portfolio | 1.6m $140.6m | Added +394.7k |
| VAN ECK ASSOCIATES CORP 0.08% of their portfolio | 1.6m $136.8m | Reduced -62.0k |
| Invesco Ltd. 0.01% of their portfolio | 1.5m $132.6m | Reduced -1.2m |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.27% of their portfolio | 1.4m $120.0m | Added +168.1k |
| Hillsdale Investment Management Inc. 2.67% of their portfolio | 1.3m $117.1m | Added +55.8k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 1.3m $117.0m | Added +234.6k |
| BlackRock, Inc. 0.00% of their portfolio | 1.3m $115.7m | Reduced -171.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.3m $112.2m | Added +82.3k |
| SIG North Trading, ULC 20.39% of their portfolio | 1.3m $111.5m | Added +319.8k |
| Quadrature Capital Ltd 0.94% of their portfolio | 1.3m $109.7m | Added +31.9k |
| CITIGROUP INC 0.05% of their portfolio | 1.2m $107.2m | Added +18.6k |
| AVIVA PLC 0.15% of their portfolio | 1.2m $100.7m | Added +5.7k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 1.1m $94.4m | Added +992.6k |
| Addenda Capital Inc. 3.62% of their portfolio | 1.1m $133.3m | Added +7.7k |
| Marathon Asset Management Ltd 3.36% of their portfolio | 950.8k $82.6m | Reduced -138.6k |
| Korea Investment CORP 0.15% of their portfolio | 917.3k $79.7m | Added +61.4k |
| APG Asset Management N.V. 0.16% of their portfolio | 881.5k $67.0m | Added +245.5k |
| Nuveen, LLC 0.02% of their portfolio | 878.3k $76.3m | Added +10.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 867.4k $75.3m | Reduced -28.7k |
| Blue Sparrow, LLC /DE 0.71% of their portfolio | 843.0k $73.2m | New |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 823.7k $71.6m | Added +201.9k |
| INTECH INVESTMENT MANAGEMENT LLC 0.63% of their portfolio | 794.3k $69.0m | Reduced -35.8k |
| Purpose Unlimited Inc. 2.54% of their portfolio | 762.7k $66.3m | Reduced -17.7k |
| Pictet Asset Management Holding SA 0.06% of their portfolio | 754.3k $65.5m | Reduced -8.8k |
| PICTON MAHONEY ASSET MANAGEMENT 0.59% of their portfolio | 735.9k $63.7m | Added +696.9k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 719.6k $62.5m | Reduced -416.0k |
| CANADA LIFE ASSURANCE Co 0.10% of their portfolio | 703.2k $60.9m | Reduced -273 |
| State of Tennessee, Department of Treasury 0.18% of their portfolio | 702.1k $61.0m | Added +7.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.11% of their portfolio | 681.2k $59.2m | Added +58.3k |
| Value Partners Investments Inc. 4.12% of their portfolio | 679.9k $59.0m | Reduced -131.8k |
| BCV Asset Management Inc. 1.69% of their portfolio | 645.8k $56.0m | Reduced -44.5k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 642.7k $55.8m | Added +146.2k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 636.8k $55.3m | Reduced -56.0k |
| Vanguard Investments Australia, Ltd. 0.14% of their portfolio | 627.2k $54.5m | Added +10.6k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 594.8k $51.6m | Added +284.4k |
| Guardian Partners Inc. 4.28% of their portfolio | 547.0k $47.4m | Reduced -85.5k |
| SEB Asset Management AB 0.17% of their portfolio | 530.0k $46.1m | Added +94.0k |
| Caisse de depot et placement du Quebec 0.07% of their portfolio | 526.8k $45.8m | Added +67.2k |
| Cumberland Partners Ltd 2.93% of their portfolio | 522.4k $45.3m | Reduced -4.0k |
| GUARDIAN CAPITAL LP 1.02% of their portfolio | 483.2k $41.9m | Reduced -9.8k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 5.55% of their portfolio | 458.8k $56.6m | Reduced -118.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.08% of their portfolio | 429.5k $37.3m | Reduced -2.6k |
| Delaney Capital Management Ltd. 5.70% of their portfolio | 415.4k $36.0m | Reduced -12.2k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 400.3k $34.8m | Reduced -45.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 393.7k $34.2m | Reduced -136.5k |
| Man Group plc 0.06% of their portfolio | 382.8k $33.2m | Added +104.8k |
| Mn Services Vermogensbeheer B.V. 0.23% of their portfolio | 359.2k $31.2m | Added +75.6k |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 1.18% of their portfolio | 359.1k $31.2m | Unchanged |
| CIDEL ASSET MANAGEMENT INC 1.48% of their portfolio | 353.9k $30.7m | Added +192.4k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.08% of their portfolio | 331.6k $28.8m | Added +19.8k |
| Northwest & Ethical Investments L.P. 0.66% of their portfolio | 327.0k $28.4m | Added +64.5k |
| Investment Management Corp of Ontario 0.34% of their portfolio | 306.9k $26.6m | Added +1.3k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.41% of their portfolio | 305.6k $26.6m | New |