TORONTO DOMINION BK ONT TD
COM NEW · Common Stock · CUSIP 891160509 · ISIN CA8911605092
Banking and financial services corporation
* 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 ($1.3bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.41. Options: 25 managers hold calls ($912.4m notional), 25 hold puts ($992.6m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 672 |
| Q4 2022 | 708 |
| Q1 2023 | 695 |
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 | 292 | 272 |
| Q1 2023 | 305 | 307 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.0bn | $1.4bn | 1.37 |
| Q4 2022 | $1.6bn | $1.4bn | 0.87 |
| Q1 2023 | $912.4m | $992.6m | 1.09 |
Biggest buyers
| BANK OF AMERICA CORP /DE/ | Added | +10.9m |
| BANK OF MONTREAL /CAN/ | Added | +8.7m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +8.3m |
| ROYAL BANK OF CANADA | Added | +6.8m |
| FMR LLC | Added | +5.9m |
| JPMORGAN CHASE & CO | Added | +4.6m |
| NATIONAL BANK OF CANADA /FI/ | Added | +4.0m |
| BANK OF NOVA SCOTIA | Added | +3.2m |
| CIBC WORLD MARKET INC. | Added | +1.5m |
| TORONTO DOMINION BANK | Added | +1.4m |
Biggest sellers
| Capital Research Global Investors | Reduced | -32.6m |
| GOLDMAN SACHS GROUP INC | Reduced | -5.4m |
| Capital World Investors | Reduced | -2.4m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -2.4m |
| OMERS ADMINISTRATION Corp | Reduced | -1.7m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -1.6m |
| AustralianSuper Pty Ltd | Sold out | -1.4m |
| Capital International Investors | Reduced | -1.2m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -828.2k |
| Public Sector Pension Investment Board | Reduced | -725.5k |
Biggest calls
| GOLDMAN SACHS GROUP INC | Reduced | $152.7m2.5m shares |
| BANK OF MONTREAL /CAN/ | Added | $134.7m1.6m shares |
| ROYAL BANK OF CANADA | Added | $121.3m2.0m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $105.3m1.8m shares |
| D. E. Shaw & Co., Inc. | Reduced | $71.9m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $59.0m984.4k shares |
| CIBC WORLD MARKET INC. | Reduced | $53.9m900.0k shares |
| SIG North Trading, ULC | Reduced | $39.2m654.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $35.7m595.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $28.3m350.0k shares |
Biggest puts
| ROYAL BANK OF CANADA | Added | $605.9m10.1m shares |
| BANK OF MONTREAL /CAN/ | Reduced | $98.8m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $49.3m700.0k shares |
| SIG North Trading, ULC | Reduced | $47.2m788.2k shares |
| D. E. Shaw & Co., Inc. | Added | $42.5m710.0k shares |
| JANE STREET GROUP, LLC | Added | $37.8m630.7k shares |
| CIBC WORLD MARKET INC. | Reduced | $35.9m600.0k shares |
| CITADEL ADVISORS LLC | Reduced | $18.9m315.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.6m227.8k shares |
| BANK OF AMERICA CORP /DE/ | New | $13.0m217.8k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +0.4 pts · filed 2026-04-27 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Insider purchases and sales in Q1 2023
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 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 2.96% of their portfolio | 165.0m $9.9bn | Added +6.8m |
| BANK OF MONTREAL /CAN/ 3.39% of their portfolio | 97.8m $8.0bn | Added +8.7m |
| VANGUARD GROUP INC 0.11% of their portfolio | 69.5m $4.2bn | Added +676.5k |
| BANK OF AMERICA CORP /DE/ 0.26% of their portfolio | 38.0m $2.3bn | Added +10.9m |
| CIBC WORLD MARKET INC. 8.00% of their portfolio | 36.9m $2.2bn | Added +1.5m |
| TD Asset Management Inc 2.64% of their portfolio | 36.6m $2.2bn | Added +399.0k |
| BANK OF NOVA SCOTIA 6.12% of their portfolio | 34.0m $2.1bn | Added +3.2m |
| FIL Ltd 2.29% of their portfolio | 33.4m $2.0bn | Added +1.2m |
| NATIONAL BANK OF CANADA /FI/ 4.97% of their portfolio | 30.8m $1.8bn | Added +4.0m |
| MACKENZIE FINANCIAL CORP 2.76% of their portfolio | 29.5m $1.8bn | Added +644.6k |
| FMR LLC 0.07% of their portfolio | 24.5m $1.5bn | Added +5.9m |
| 1832 Asset Management L.P. 3.00% of their portfolio | 24.4m $1.5bn | Added +473.5k |
| NORGES BANK 0.30% of their portfolio | 22.6m $1.4bn | Reduced -368.3k |
| Capital World Investors 0.23% of their portfolio | 18.3m $1.1bn | Reduced -2.4m |
| CIBC Asset Management Inc 4.15% of their portfolio | 17.1m $1.0bn | Added +352.8k |
| JPMORGAN CHASE & CO 0.12% of their portfolio | 15.9m $952.7m | Added +4.6m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.50% of their portfolio | 14.7m $877.9m | Added +1.2m |
| TORONTO DOMINION BANK 1.31% of their portfolio | 13.4m $804.4m | Added +1.4m |
| Beutel, Goodman & Co Ltd. 4.69% of their portfolio | 13.4m $798.6m | Reduced -46.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 1.13% of their portfolio | 11.9m $712.8m | Added +1.4m |
| Connor, Clark & Lunn Investment Management Ltd. 3.82% of their portfolio | 11.8m $705.3m | Reduced -1.6m |
| SCOTIA CAPITAL INC. 4.54% of their portfolio | 10.4m $621.3m | Added +329.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.21% of their portfolio | 10.3m $617.3m | Added +1.1m |
| Legal & General Group Plc 0.21% of their portfolio | 9.8m $584.6m | Reduced -85.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 2.94% of their portfolio | 8.7m $519.0m | Added +8.3m |
| TD Waterhouse Canada Inc. 7.38% of their portfolio | 8.6m $712.9m | Added +304.5k |
| DEUTSCHE BANK AG\ 0.23% of their portfolio | 6.8m $408.1m | Reduced -61.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 6.1m $365.5m | Added +160.4k |
| Capital Research Global Investors 0.10% of their portfolio | 5.7m $342.4m | Reduced -32.6m |
| Fiera Capital Corp 1.01% of their portfolio | 5.7m $339.7m | Reduced -262.2k |
| MORGAN STANLEY 0.04% of their portfolio | 5.5m $332.3m | Added +345.3k |
| Federation des caisses Desjardins du Quebec 3.52% of their portfolio | 5.2m $319.9m | Reduced -66.2k |
| Alberta Investment Management Corp 2.90% of their portfolio | 5.0m $298.3m | Reduced -563.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.20% of their portfolio | 4.6m $275.1m | Reduced -133.6k |
| AGF MANAGEMENT LTD 1.67% of their portfolio | 4.1m $242.9m | Added +1.2m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 2.52% of their portfolio | 4.0m $241.6m | Added +1.2m |
| Invesco Ltd. 0.07% of their portfolio | 3.9m $235.6m | Added +347.7k |
| FRANKLIN RESOURCES INC 0.11% of their portfolio | 3.7m $219.8m | Added +3.3k |
| APG Asset Management N.V. 0.43% of their portfolio | 3.7m $201.7m | Reduced -140.2k |
| Public Sector Pension Investment Board 1.64% of their portfolio | 3.6m $217.8m | Reduced -725.5k |
| CREDIT SUISSE AG/ 0.22% of their portfolio | 3.6m $213.0m | Added +190.1k |
| LETKO, BROSSEAU & ASSOCIATES INC 3.50% of their portfolio | 3.1m $187.1m | Added +16.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.61% of their portfolio | 2.9m $173.8m | Reduced -828.2k |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 2.8m $166.6m | Added +47.4k |
| DekaBank Deutsche Girozentrale 0.38% of their portfolio | 2.6m $151.4m | Reduced -221.8k |
| Amundi 0.08% of their portfolio | 2.4m $142.5m | Added +67.5k |
| MONTRUSCO BOLTON INVESTMENTS INC. 2.85% of their portfolio | 2.3m $138.0m | Added +522.3k |
| INTACT INVESTMENT MANAGEMENT INC. 5.54% of their portfolio | 2.2m $134.6m | Added +422.2k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.2m $130.5m | Reduced -3.8k |
| GUARDIAN CAPITAL LP 3.94% of their portfolio | 2.1m $123.5m | Reduced -13.5k |
| JARISLOWSKY, FRASER Ltd 0.75% of their portfolio | 2.0m $122.0m | Reduced -43.8k |
| Scheer, Rowlett & Associates Investment Management Ltd. 10.04% of their portfolio | 2.0m $121.1m | Added +45.7k |
| Credential Qtrade Securities Inc. 7.81% of their portfolio | 2.0m $117.7m | Added +109.8k |
| CIDEL ASSET MANAGEMENT INC 5.32% of their portfolio | 1.9m $115.9m | Reduced -39.6k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.9m $113.3m | Reduced -5.4m |
| Cardinal Capital Management, Inc. 5.98% of their portfolio | 1.8m $110.2m | Added +64.3k |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 1.8m $104.9m | Reduced -82.9k |
| Addenda Capital Inc. 5.51% of their portfolio | 1.7m $134.1m | Reduced -29.6k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.6m $98.5m | Added +74.5k |
| Canoe Financial LP 1.38% of their portfolio | 1.6m $98.4m | First filing |
| Caisse de depot et placement du Quebec 0.28% of their portfolio | 1.6m $97.9m | Added +348.8k |
| Korea Investment CORP 0.28% of their portfolio | 1.6m $97.1m | Reduced -692 |
| Russell Investments Group, Ltd. 0.18% of their portfolio | 1.6m $93.7m | Added +35.0k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 1.5m $91.0m | Reduced -268.1k |
| CANADA LIFE ASSURANCE Co 0.21% of their portfolio | 1.4m $85.5m | Added +19.0k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.4m $81.0m | Reduced -450.4k |
| MUFG Securities EMEA plc 1.92% of their portfolio | 1.3m $105.2m | New |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 9.01% of their portfolio | 1.3m $77.2m | Added +76.5k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 1.3m $75.9m | Added +124.7k |
| Value Partners Investments Inc. 5.73% of their portfolio | 1.2m $69.8m | Added +152.1k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 1.2m $69.6m | Reduced -62.1k |
| Dixon Mitchell Investment Counsel Inc. 4.28% of their portfolio | 1.1m $68.4m | Added +47.3k |
| Triasima Portfolio Management inc. 5.32% of their portfolio | 1.1m $64.3m | Reduced -293.3k |
| UBS Group AG 0.03% of their portfolio | 1.1m $63.6m | Reduced -202.7k |
| Onex Canada Asset Management Inc. 3.11% of their portfolio | 954.0k $57.1m | Added +118.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.16% of their portfolio | 900.0k $53.8m | Reduced -68.6k |
| BlackRock Inc. 0.00% of their portfolio | 897.8k $53.8m | Added +29.9k |
| Burgundy Asset Management Ltd. 0.66% of their portfolio | 892.1k $53.4m | Added +103.9k |
| CITIGROUP INC 0.07% of their portfolio | 871.1k $52.1m | Reduced -49.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 831.4k $49.8m | Reduced -4.8k |
| BANK OF NOVA SCOTIA TRUST CO 5.38% of their portfolio | 817.6k $49.0m | Added +7.3k |
| GUARDIAN CAPITAL ADVISORS LP 5.53% of their portfolio | 806.9k $48.0m | Reduced -3.8k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 804.0k $48.1m | Reduced -21.8k |
| Nexus Investment Management ULC 5.19% of their portfolio | 785.9k $47.0m | Added +4.6k |
| Advisors Capital Management, LLC 1.20% of their portfolio | 773.1k $46.3m | Added +31.0k |
| Quadrature Capital Ltd 1.24% of their portfolio | 758.2k $45.4m | New |
| Northwest & Ethical Investments L.P. 1.50% of their portfolio | 753.6k $45.1m | Added +20.5k |
| AMF Tjanstepension AB 0.46% of their portfolio | 745.2k $44.9m | Added +469.1k |
| PICTET ASSET MANAGEMENT SA 0.05% of their portfolio | 732.3k $43.8m | Reduced -15.0k |
| AVIVA PLC 0.20% of their portfolio | 726.2k $43.5m | Added +19.9k |
| OMERS ADMINISTRATION Corp 0.66% of their portfolio | 719.0k $43.0m | Reduced -1.7m |
| Mawer Investment Management Ltd. 0.19% of their portfolio | 584.2k $35.0m | Reduced -29.4k |
| QV Investors Inc. 3.26% of their portfolio | 582.7k $34.9m | Added +86.4k |
| STRS OHIO 0.05% of their portfolio | 536.8k $32.1m | Added +357.9k |
| Ilmarinen Mutual Pension Insurance Co 0.43% of their portfolio | 530.7k $31.7m | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.15% of their portfolio | 513.6k $30.7m | Added +9.8k |
| Skandinaviska Enskilda Banken AB (publ) 0.20% of their portfolio | 483.3k $28.9m | Reduced -157.0k |
| M&T Bank Corp 0.10% of their portfolio | 436.1k $26.1m | Added +5.3k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 408.6k $24.4m | Reduced -36.6k |
| Candriam S.C.A. 0.15% of their portfolio | 403.0k $22.2m | Reduced -157.3k |