Vault-13

TORONTO DOMINION BK ONT TD

COM NEW · Common Stock · CUSIP 891160509 · ISIN CA8911605092

Banking and financial services corporation

695 institutional holders -13 vs Q4 2022
958,810,114958.8m shares reported held*
$59.7bnreported value*
64 new 241 added 229 reduced 78 sold out net bought ≈ $963.1m (+15.9m shares)

* 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

0250500750Q3 22: 672Q4 22: 708Q1 23: 695695Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022672
Q4 2022708
Q1 2023695

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 292 bought or addedQ4 22: 272 cut or sold outQ4 22Q1 23: 305 bought or addedQ1 23: 307 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022292272
Q1 2023305307

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bn$2bnQ3 22 calls: $1.0bnQ3 22 puts: $1.4bnQ3 22P/C 1.37Q4 22 calls: $1.6bnQ4 22 puts: $1.4bnQ4 22P/C 0.87Q1 23 calls: $912.4mQ1 23 puts: $992.6mQ1 23P/C 1.09
Numbers
QuarterCallsPutsP/C
Q3 2022$1.0bn$1.4bn1.37
Q4 2022$1.6bn$1.4bn0.87
Q1 2023$912.4m$992.6m1.09

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +10,850,885+10.9m
BANK OF MONTREAL /CAN/ Added +8,707,052+8.7m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +8,265,737+8.3m
ROYAL BANK OF CANADA Added +6,815,273+6.8m
FMR LLC Added +5,894,866+5.9m
JPMORGAN CHASE & CO Added +4,604,833+4.6m
NATIONAL BANK OF CANADA /FI/ Added +3,997,094+4.0m
BANK OF NOVA SCOTIA Added +3,160,250+3.2m
CIBC WORLD MARKET INC. Added +1,535,589+1.5m
TORONTO DOMINION BANK Added +1,438,464+1.4m

Biggest sellers

Capital Research Global Investors Reduced -32,553,717-32.6m
GOLDMAN SACHS GROUP INC Reduced -5,388,904-5.4m
Capital World Investors Reduced -2,409,698-2.4m
PRINCIPAL FINANCIAL GROUP INC Reduced -2,370,930-2.4m
OMERS ADMINISTRATION Corp Reduced -1,731,491-1.7m
Connor, Clark & Lunn Investment Management Ltd. Reduced -1,630,427-1.6m
AustralianSuper Pty Ltd Sold out -1,418,196-1.4m
Capital International Investors Reduced -1,193,716-1.2m
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -828,187-828.2k
Public Sector Pension Investment Board Reduced -725,544-725.5k

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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution +0.4 pts · filed 2026-04-27 5.1% +0.4 pts 85.5m≈ $10.4bn 2026-04-27
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 5.0% new 82.7m≈ $10.0bn 2026-07-31

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 2.96% of their portfolio TORONTO, A6 164,966,806165.0m $9.9bn $9.9bn 2.96% Added +6.8m +6,815,273
2 BANK OF MONTREAL /CAN/ 3.39% of their portfolio TORONTO, A6 97,751,06097.8m $8.0bn $8.0bn 3.39% Added +8.7m +8,707,052
3 VANGUARD GROUP INC 0.11% of their portfolio Valley Forge, PA 69,549,58169.5m $4.2bn $4.2bn 0.11% Added +676.5k +676,452
4 BANK OF AMERICA CORP /DE/ 0.26% of their portfolio CHARLOTTE, NC 38,013,13438.0m $2.3bn $2.3bn 0.26% Added +10.9m +10,850,885
5 CIBC WORLD MARKET INC. 8.00% of their portfolio TORONTO, A6 36,931,76436.9m $2.2bn $2.2bn 8.00% Added +1.5m +1,535,589
6 TD Asset Management Inc 2.64% of their portfolio Toronto, A6 36,565,57836.6m $2.2bn $2.2bn 2.64% Added +399.0k +399,001
7 BANK OF NOVA SCOTIA 6.12% of their portfolio TORONTO, A6 33,980,10834.0m $2.1bn $2.1bn 6.12% Added +3.2m +3,160,250
8 FIL Ltd 2.29% of their portfolio HAMILTON, D0 33,381,43733.4m $2.0bn $2.0bn 2.29% Added +1.2m +1,221,884
9 NATIONAL BANK OF CANADA /FI/ 4.97% of their portfolio MONTREAL, A8 30,793,76830.8m $1.8bn $1.8bn 4.97% Added +4.0m +3,997,094
10 MACKENZIE FINANCIAL CORP 2.76% of their portfolio TORONTO ONTARIO, A6 29,480,28329.5m $1.8bn $1.8bn 2.76% Added +644.6k +644,627
11 FMR LLC 0.07% of their portfolio BOSTON, MA 24,544,79624.5m $1.5bn $1.5bn 0.07% Added +5.9m +5,894,866
12 1832 Asset Management L.P. 3.00% of their portfolio TORONTO, A6 24,381,37924.4m $1.5bn $1.5bn 3.00% Added +473.5k +473,514
13 NORGES BANK 0.30% of their portfolio OSLO, Q8 22,555,45622.6m $1.4bn $1.4bn 0.30% Reduced -368.3k -368,279
14 Capital World Investors 0.23% of their portfolio LOS ANGELES, CA 18,252,15518.3m $1.1bn $1.1bn 0.23% Reduced -2.4m -2,409,698
15 CIBC Asset Management Inc 4.15% of their portfolio TORONTO, Z4 17,133,82017.1m $1.0bn $1.0bn 4.15% Added +352.8k +352,800
16 JPMORGAN CHASE & CO 0.12% of their portfolio NEW YORK, NY 15,905,18415.9m $952.7m $952.7m 0.12% Added +4.6m +4,604,833
17 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.50% of their portfolio Toronto, A6 14,664,90014.7m $877.9m $877.9m 0.50% Added +1.2m +1,217,916
18 TORONTO DOMINION BANK 1.31% of their portfolio TORONTO, ONTARIO, A6 13,448,98313.4m $804.4m $804.4m 1.31% Added +1.4m +1,438,464
19 Beutel, Goodman & Co Ltd. 4.69% of their portfolio TORONTO, A6 13,351,34513.4m $798.6m $798.6m 4.69% Reduced -46.3k -46,266
20 CANADA PENSION PLAN INVESTMENT BOARD 1.13% of their portfolio TORONTO ONTARIO, A6 11,916,17211.9m $712.8m $712.8m 1.13% Added +1.4m +1,417,723
21 Connor, Clark & Lunn Investment Management Ltd. 3.82% of their portfolio VANCOUVER, A1 11,776,54511.8m $705.3m $705.3m 3.82% Reduced -1.6m -1,630,427
22 SCOTIA CAPITAL INC. 4.54% of their portfolio TORONTO, A6 10,373,36810.4m $621.3m $621.3m 4.54% Added +329.2k +329,225
23 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.21% of their portfolio Boston, MA 10,305,87610.3m $617.3m $617.3m 0.21% Added +1.1m +1,136,729
24 Legal & General Group Plc 0.21% of their portfolio London, X0 9,774,3959.8m $584.6m $584.6m 0.21% Reduced -85.1k -85,057
25 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 2.94% of their portfolio TORONTO, A6 8,665,7378.7m $519.0m $519.0m 2.94% Added +8.3m +8,265,737
26 TD Waterhouse Canada Inc. 7.38% of their portfolio TORONTO, A6 8,644,0978.6m $712.9m $712.9m 7.38% Added +304.5k +304,523
27 DEUTSCHE BANK AG\ 0.23% of their portfolio FRANKFURT AM MAIN, 2M 6,812,8006.8m $408.1m $408.1m 0.23% Reduced -61.6k -61,600
28 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 6,063,4196.1m $365.5m $365.5m 0.05% Added +160.4k +160,364
29 Capital Research Global Investors 0.10% of their portfolio Los Angeles, CA 5,717,1695.7m $342.4m $342.4m 0.10% Reduced -32.6m -32,553,717
30 Fiera Capital Corp 1.01% of their portfolio MONTREAL, A8 5,674,2755.7m $339.7m $339.7m 1.01% Reduced -262.2k -262,185
31 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 5,547,1325.5m $332.3m $332.3m 0.04% Added +345.3k +345,320
32 Federation des caisses Desjardins du Quebec 3.52% of their portfolio LEVIS, A8 5,187,6725.2m $319.9m $319.9m 3.52% Reduced -66.2k -66,203
33 Alberta Investment Management Corp 2.90% of their portfolio EDMONTON, A0 4,987,0395.0m $298.3m $298.3m 2.90% Reduced -563.6k -563,627
34 Sumitomo Mitsui Trust Group, Inc. 0.20% of their portfolio CHIYODA-KU, TOKYO, M0 4,596,1974.6m $275.1m $275.1m 0.20% Reduced -133.6k -133,632
35 AGF MANAGEMENT LTD 1.67% of their portfolio TORONTO, A6 4,055,6244.1m $242.9m $242.9m 1.67% Added +1.2m +1,222,868
36 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 2.52% of their portfolio VICTORIA, A1 4,034,6104.0m $241.6m $241.6m 2.52% Added +1.2m +1,164,136
37 Invesco Ltd. 0.07% of their portfolio ATLANTA, GA 3,932,7643.9m $235.6m $235.6m 0.07% Added +347.7k +347,660
38 FRANKLIN RESOURCES INC 0.11% of their portfolio San Mateo, CA 3,670,5283.7m $219.8m $219.8m 0.11% Added +3.3k +3,278
39 APG Asset Management N.V. 0.43% of their portfolio Amsterdam, P7 3,664,3893.7m $201.7m $201.7m 0.43% Reduced -140.2k -140,229
40 Public Sector Pension Investment Board 1.64% of their portfolio MONTREAL, A8 3,640,7783.6m $217.8m $217.8m 1.64% Reduced -725.5k -725,544
41 CREDIT SUISSE AG/ 0.22% of their portfolio ZURICH, V8 3,556,2803.6m $213.0m $213.0m 0.22% Added +190.1k +190,144
42 LETKO, BROSSEAU & ASSOCIATES INC 3.50% of their portfolio MONTREAL, A8 3,128,2423.1m $187.1m $187.1m 3.50% Added +16.4k +16,390
43 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.61% of their portfolio CHICAGO, IL 2,901,0092.9m $173.8m $173.8m 0.61% Reduced -828.2k -828,187
44 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 2,781,5682.8m $166.6m $166.6m 0.05% Added +47.4k +47,418
45 DekaBank Deutsche Girozentrale 0.38% of their portfolio FRANKFURT, 2M 2,556,3772.6m $151.4m $151.4m 0.38% Reduced -221.8k -221,779
46 Amundi 0.08% of their portfolio Paris, I0 2,415,5292.4m $142.5m $142.5m 0.08% Added +67.5k +67,467
47 MONTRUSCO BOLTON INVESTMENTS INC. 2.85% of their portfolio MONTREAL, A8 2,307,1152.3m $138.0m $138.0m 2.85% Added +522.3k +522,268
48 INTACT INVESTMENT MANAGEMENT INC. 5.54% of their portfolio MONTREAL, A8 2,247,1192.2m $134.6m $134.6m 5.54% Added +422.2k +422,198
49 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 2,179,4392.2m $130.5m $130.5m 0.03% Reduced -3.8k -3,769
50 GUARDIAN CAPITAL LP 3.94% of their portfolio TORONTO, A6 2,064,4312.1m $123.5m $123.5m 3.94% Reduced -13.5k -13,469
51 JARISLOWSKY, FRASER Ltd 0.75% of their portfolio MONTREAL, A8 2,040,4342.0m $122.0m $122.0m 0.75% Reduced -43.8k -43,808
52 Scheer, Rowlett & Associates Investment Management Ltd. 10.04% of their portfolio TORONTO, A6 2,022,7422.0m $121.1m $121.1m 10.04% Added +45.7k +45,691
53 Credential Qtrade Securities Inc. 7.81% of their portfolio VANCOUVER, A1 1,964,9712.0m $117.7m $117.7m 7.81% Added +109.8k +109,784
54 CIDEL ASSET MANAGEMENT INC 5.32% of their portfolio TORONTO, A6 1,937,3201.9m $115.9m $115.9m 5.32% Reduced -39.6k -39,617
55 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,891,6041.9m $113.3m $113.3m 0.03% Reduced -5.4m -5,388,904
56 Cardinal Capital Management, Inc. 5.98% of their portfolio WINNIPEG, A2 1,841,0381.8m $110.2m $110.2m 5.98% Added +64.3k +64,274
57 HSBC HOLDINGS PLC 0.13% of their portfolio LONDON, X0 1,751,2841.8m $104.9m $104.9m 0.13% Reduced -82.9k -82,867
58 Addenda Capital Inc. 5.51% of their portfolio MONTREAL, A8 1,656,3461.7m $134.1m $134.1m 5.51% Reduced -29.6k -29,642
59 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 1,645,2081.6m $98.5m $98.5m 0.03% Added +74.5k +74,510
60 Canoe Financial LP 1.38% of their portfolio CALGARY, A0 1,643,1821.6m $98.4m $98.4m 1.38% First filing
61 Caisse de depot et placement du Quebec 0.28% of their portfolio Montreal, A8 1,637,3431.6m $97.9m $97.9m 0.28% Added +348.8k +348,848
62 Korea Investment CORP 0.28% of their portfolio SEOUL, M5 1,624,1421.6m $97.1m $97.1m 0.28% Reduced -692 -692
63 Russell Investments Group, Ltd. 0.18% of their portfolio Seattle, WA 1,568,4561.6m $93.7m $93.7m 0.18% Added +35.0k +34,970
64 AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio KANSAS CITY, MO 1,519,6271.5m $91.0m $91.0m 0.07% Reduced -268.1k -268,083
65 CANADA LIFE ASSURANCE Co 0.21% of their portfolio WINNIPEG, A2 1,427,0871.4m $85.5m $85.5m 0.21% Added +19.0k +18,966
66 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 1,351,9451.4m $81.0m $81.0m 0.03% Reduced -450.4k -450,435
67 MUFG Securities EMEA plc 1.92% of their portfolio LONDON, X0 1,300,0001.3m $105.2m $105.2m 1.92% New
68 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 9.01% of their portfolio MISSISSAUGA, A6 1,292,7531.3m $77.2m $77.2m 9.01% Added +76.5k +76,503
69 FIRST TRUST ADVISORS LP 0.09% of their portfolio Wheaton, IL 1,267,8761.3m $75.9m $75.9m 0.09% Added +124.7k +124,672
70 Value Partners Investments Inc. 5.73% of their portfolio WINNIPEG, A2 1,167,3361.2m $69.8m $69.8m 5.73% Added +152.1k +152,078
71 NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio NEW YORK, NY 1,163,6731.2m $69.6m $69.6m 0.06% Reduced -62.1k -62,100
72 Dixon Mitchell Investment Counsel Inc. 4.28% of their portfolio VANCOUVER, A1 1,143,8131.1m $68.4m $68.4m 4.28% Added +47.3k +47,266
73 Triasima Portfolio Management inc. 5.32% of their portfolio MONTREAL, A8 1,074,7961.1m $64.3m $64.3m 5.32% Reduced -293.3k -293,267
74 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,061,1101.1m $63.6m $63.6m 0.03% Reduced -202.7k -202,731
75 Onex Canada Asset Management Inc. 3.11% of their portfolio TORONTO, A6 953,971954.0k $57.1m $57.1m 3.11% Added +118.6k +118,565
76 STATE OF WISCONSIN INVESTMENT BOARD 0.16% of their portfolio MADISON, WI 899,987900.0k $53.8m $53.8m 0.16% Reduced -68.6k -68,618
77 BlackRock Inc. 0.00% of their portfolio New York, NY 897,763897.8k $53.8m $53.8m 0.00% Added +29.9k +29,871
78 Burgundy Asset Management Ltd. 0.66% of their portfolio Toronto, A6 892,051892.1k $53.4m $53.4m 0.66% Added +103.9k +103,872
79 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 871,083871.1k $52.1m $52.1m 0.07% Reduced -49.9k -49,928
80 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 831,398831.4k $49.8m $49.8m 0.01% Reduced -4.8k -4,825
81 BANK OF NOVA SCOTIA TRUST CO 5.38% of their portfolio TORONTO, A6 817,552817.6k $49.0m $49.0m 5.38% Added +7.3k +7,303
82 GUARDIAN CAPITAL ADVISORS LP 5.53% of their portfolio TORONTO, A6 806,901806.9k $48.0m $48.0m 5.53% Reduced -3.8k -3,831
83 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 804,017804.0k $48.1m $48.1m 0.03% Reduced -21.8k -21,835
84 Nexus Investment Management ULC 5.19% of their portfolio TORONTO, A6 785,891785.9k $47.0m $47.0m 5.19% Added +4.6k +4,575
85 Advisors Capital Management, LLC 1.20% of their portfolio RIDGEWOOD, NJ 773,134773.1k $46.3m $46.3m 1.20% Added +31.0k +31,007
86 Quadrature Capital Ltd 1.24% of their portfolio LONDON, X0 758,200758.2k $45.4m $45.4m 1.24% New
87 Northwest & Ethical Investments L.P. 1.50% of their portfolio TORONTO, A6 753,589753.6k $45.1m $45.1m 1.50% Added +20.5k +20,515
88 AMF Tjanstepension AB 0.46% of their portfolio STOCKHOLM, V7 745,244745.2k $44.9m $44.9m 0.46% Added +469.1k +469,108
89 PICTET ASSET MANAGEMENT SA 0.05% of their portfolio GENEVA 73, V8 732,275732.3k $43.8m $43.8m 0.05% Reduced -15.0k -14,966
90 AVIVA PLC 0.20% of their portfolio LONDON, X0 726,211726.2k $43.5m $43.5m 0.20% Added +19.9k +19,949
91 OMERS ADMINISTRATION Corp 0.66% of their portfolio TORONTO, A6 719,000719.0k $43.0m $43.0m 0.66% Reduced -1.7m -1,731,491
92 Mawer Investment Management Ltd. 0.19% of their portfolio CALGARY, A0 584,200584.2k $35.0m $35.0m 0.19% Reduced -29.4k -29,400
93 QV Investors Inc. 3.26% of their portfolio CALGARY, A0 582,749582.7k $34.9m $34.9m 3.26% Added +86.4k +86,398
94 STRS OHIO 0.05% of their portfolio COLUMBUS, OH 536,820536.8k $32.1m $32.1m 0.05% Added +357.9k +357,880
95 Ilmarinen Mutual Pension Insurance Co 0.43% of their portfolio HELSINKI, H9 530,711530.7k $31.7m $31.7m 0.43% Unchanged
96 Zurcher Kantonalbank (Zurich Cantonalbank) 0.15% of their portfolio ZURICH, V8 513,603513.6k $30.7m $30.7m 0.15% Added +9.8k +9,804
97 Skandinaviska Enskilda Banken AB (publ) 0.20% of their portfolio STOCKHOLM, V7 483,295483.3k $28.9m $28.9m 0.20% Reduced -157.0k -157,033
98 M&T Bank Corp 0.10% of their portfolio BUFFALO, NY 436,126436.1k $26.1m $26.1m 0.10% Added +5.3k +5,346
99 Allianz Asset Management GmbH 0.05% of their portfolio MUNICH, 2M 408,638408.6k $24.4m $24.4m 0.05% Reduced -36.6k -36,573
100 Candriam S.C.A. 0.15% of their portfolio STRASSEN, N4 402,960403.0k $22.2m $22.2m 0.15% Reduced -157.3k -157,292