Vault-13

TORONTO DOMINION BK ONT TD

COM NEW · Common Stock · CUSIP 891160509 · ISIN CA8911605092

Banking and financial services corporation

688 institutional holders -7 vs Q1 2023
983,462,489983.5m shares reported held*
$61.1bnreported value*
59 new 236 added 241 reduced 72 sold out net bought ≈ $1.2bn (+25.1m 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 ($1.4bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.33. Options: 27 managers hold calls ($1.1bn notional), 27 hold puts ($1.1bn).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 672Q4 22: 708Q1 23: 695Q2 23: 688688Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022672
Q4 2022708
Q1 2023695
Q2 2023688

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 23Q2 23: 295 bought or addedQ2 23: 313 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022292272
Q1 2023305307
Q2 2023295313

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 1.09Q2 23 calls: $1.1bnQ2 23 puts: $1.1bnQ2 23P/C 1.01
Numbers
QuarterCallsPutsP/C
Q3 2022$1.0bn$1.4bn1.37
Q4 2022$1.6bn$1.4bn0.87
Q1 2023$912.4m$992.6m1.09
Q2 2023$1.1bn$1.1bn1.01

Biggest buyers

TORONTO DOMINION BANK Added +15,560,013+15.6m
BANK OF MONTREAL /CAN/ Added +5,435,319+5.4m
Hudson Bay Capital Management LP New +4,000,000+4.0m
STATE STREET CORP Added +3,113,556+3.1m
BANK OF NOVA SCOTIA Added +2,777,516+2.8m
ROYAL BANK OF CANADA Added +2,511,474+2.5m
FIL Ltd Added +2,008,085+2.0m
CIBC WORLD MARKET INC. Added +1,832,428+1.8m
VANGUARD GROUP INC Added +1,530,954+1.5m
JPMORGAN CHASE & CO Added +1,493,368+1.5m

Biggest sellers

FMR LLC Reduced -13,108,741-13.1m
Capital World Investors Reduced -6,809,734-6.8m
CANADA PENSION PLAN INVESTMENT BOARD Reduced -5,350,960-5.4m
AMERICAN CENTURY COMPANIES INC Reduced -1,331,255-1.3m
Sumitomo Mitsui Trust Group, Inc. Reduced -754,645-754.6k
Triasima Portfolio Management inc. Reduced -480,935-480.9k
AMF Tjanstepension AB Reduced -431,435-431.4k
DekaBank Deutsche Girozentrale Reduced -431,332-431.3k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -400,694-400.7k
STRS OHIO Reduced -357,880-357.9k

Biggest calls

ROYAL BANK OF CANADA Added $350.6m5.7m shares
GOLDMAN SACHS GROUP INC Unchanged $158.1m2.5m shares
BANK OF AMERICA CORP /DE/ Reduced $106.6m1.7m shares
D. E. Shaw & Co., Inc. Added $83.7m1.4m shares
CIBC WORLD MARKET INC. Reduced $52.7m850.0k shares
SIG North Trading, ULC Added $48.2m778.0k shares
CITADEL ADVISORS LLC Reduced $47.8m771.0k shares
JANE STREET GROUP, LLC Added $34.0m548.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $33.7m543.7k shares
MILLENNIUM MANAGEMENT LLC Unchanged $28.7m350.0k shares

Biggest puts

ROYAL BANK OF CANADA Reduced $532.8m8.6m shares
Hudson Bay Capital Management LP New $248.0m4.0m shares
BANK OF MONTREAL /CAN/ Added $78.2m1.3m shares
CIBC WORLD MARKET INC. Added $40.3m650.0k shares
SIG North Trading, ULC Reduced $37.9m611.3k shares
MILLENNIUM MANAGEMENT LLC Reduced $28.7m350.0k shares
CITADEL ADVISORS LLC Added $23.0m371.1k shares
CITIGROUP INC New $21.7m350.0k shares
D. E. Shaw & Co., Inc. Reduced $19.2m310.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $13.8m222.6k 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 Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 2.90% of their portfolio TORONTO, A6 167,478,280167.5m $10.4bn $10.4bn 2.90% Added +2.5m +2,511,474
2 BANK OF MONTREAL /CAN/ 2.34% of their portfolio TORONTO, A6 103,186,379103.2m $6.4bn $6.4bn 2.34% Added +5.4m +5,435,319
3 VANGUARD GROUP INC 0.10% of their portfolio Valley Forge, PA 71,080,53571.1m $4.4bn $4.4bn 0.10% Added +1.5m +1,530,954
4 BANK OF AMERICA CORP /DE/ 0.29% of their portfolio CHARLOTTE, NC 38,816,49638.8m $2.4bn $2.4bn 0.29% Added +803.4k +803,362
5 CIBC WORLD MARKET INC. 8.26% of their portfolio TORONTO, A6 38,764,19238.8m $2.4bn $2.4bn 8.26% Added +1.8m +1,832,428
6 TD Asset Management Inc 2.62% of their portfolio Toronto, A6 37,106,63137.1m $2.3bn $2.3bn 2.62% Added +541.1k +541,053
7 BANK OF NOVA SCOTIA 6.02% of their portfolio TORONTO, A6 36,757,62436.8m $2.3bn $2.3bn 6.02% Added +2.8m +2,777,516
8 FIL Ltd 2.46% of their portfolio HAMILTON, D0 35,389,52235.4m $2.2bn $2.2bn 2.46% Added +2.0m +2,008,085
9 NATIONAL BANK OF CANADA /FI/ 3.96% of their portfolio MONTREAL, A8 32,041,51732.0m $2.0bn $2.0bn 3.96% Added +1.2m +1,247,749
10 MACKENZIE FINANCIAL CORP 2.84% of their portfolio TORONTO ONTARIO, A6 29,954,52130.0m $1.9bn $1.9bn 2.84% Added +474.2k +474,238
11 TORONTO DOMINION BANK 1.34% of their portfolio TORONTO, ONTARIO, A6 29,008,99629.0m $1.8bn $1.8bn 1.34% Added +15.6m +15,560,013
12 1832 Asset Management L.P. 2.96% of their portfolio TORONTO, A6 24,555,65124.6m $1.5bn $1.5bn 2.96% Added +174.3k +174,272
13 NORGES BANK 0.29% of their portfolio OSLO, Q8 23,502,54323.5m $1.5bn $1.5bn 0.29% Added +947.1k +947,087
14 CIBC Asset Management Inc 4.34% of their portfolio TORONTO, Z4 17,842,24117.8m $1.1bn $1.1bn 4.34% Added +708.4k +708,421
15 JPMORGAN CHASE & CO 0.12% of their portfolio NEW YORK, NY 17,398,55217.4m $1.1bn $1.1bn 0.12% Added +1.5m +1,493,368
16 Beutel, Goodman & Co Ltd. 5.04% of their portfolio TORONTO, A6 14,485,46914.5m $898.8m $898.8m 5.04% Added +1.1m +1,134,124
17 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.49% of their portfolio Toronto, A6 14,264,20614.3m $883.8m $883.8m 0.49% Reduced -400.7k -400,694
18 Connor, Clark & Lunn Investment Management Ltd. 3.82% of their portfolio VANCOUVER, A1 12,341,62012.3m $764.8m $764.8m 3.82% Added +565.1k +565,075
19 Capital World Investors 0.14% of their portfolio LOS ANGELES, CA 11,442,42111.4m $709.2m $709.2m 0.14% Reduced -6.8m -6,809,734
20 FMR LLC 0.06% of their portfolio BOSTON, MA 11,436,05511.4m $708.8m $708.8m 0.06% Reduced -13.1m -13,108,741
21 SCOTIA CAPITAL INC. 4.67% of their portfolio TORONTO, A6 10,990,37411.0m $681.1m $681.1m 4.67% Added +617.0k +617,006
22 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.22% of their portfolio Boston, MA 10,828,81810.8m $671.5m $671.5m 0.22% Added +522.9k +522,942
23 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 2.82% of their portfolio TORONTO, A6 10,157,58410.2m $629.8m $629.8m 2.82% Added +1.5m +1,491,847
24 Legal & General Group Plc 0.20% of their portfolio London, X0 10,003,03710.0m $620.7m $620.7m 0.20% Added +228.6k +228,642
25 TD Waterhouse Canada Inc. 7.56% of their portfolio TORONTO, A6 9,149,3929.1m $758.6m $758.6m 7.56% Added +505.3k +505,295
26 DEUTSCHE BANK AG\ 0.24% of their portfolio FRANKFURT AM MAIN, 2M 7,426,9247.4m $460.5m $460.5m 0.24% Added +614.1k +614,124
27 CANADA PENSION PLAN INVESTMENT BOARD 0.62% of their portfolio TORONTO ONTARIO, A6 6,565,2126.6m $407.4m $407.4m 0.62% Reduced -5.4m -5,350,960
28 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 6,458,7086.5m $402.2m $402.2m 0.05% Added +395.3k +395,289
29 Federation des caisses Desjardins du Quebec 3.62% of their portfolio LEVIS, A8 5,797,9445.8m $368.5m $368.5m 3.62% Added +610.3k +610,272
30 Capital Research Global Investors 0.10% of their portfolio Los Angeles, CA 5,781,1875.8m $358.3m $358.3m 0.10% Added +64.0k +64,018
31 Fiera Capital Corp 1.00% of their portfolio MONTREAL, A8 5,566,0985.6m $345.5m $345.5m 1.00% Reduced -108.2k -108,177
32 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 5,340,5435.3m $331.2m $331.2m 0.03% Reduced -206.6k -206,589
33 Invesco Ltd. 0.08% of their portfolio ATLANTA, GA 4,927,1614.9m $305.5m $305.5m 0.08% Added +994.4k +994,397
34 Alberta Investment Management Corp 2.86% of their portfolio EDMONTON, A0 4,793,7514.8m $297.5m $297.5m 2.86% Reduced -193.3k -193,288
35 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 2.54% of their portfolio VICTORIA, A1 4,369,7284.4m $270.8m $270.8m 2.54% Added +335.1k +335,118
36 Hudson Bay Capital Management LP 2.49% of their portfolio STAMFORD, CT 4,000,0004.0m $248.0m $248.0m 2.49% New
37 FRANKLIN RESOURCES INC 0.11% of their portfolio San Mateo, CA 3,841,7073.8m $238.1m $238.1m 0.11% Added +171.2k +171,179
38 Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio CHIYODA-KU, TOKYO, M0 3,841,5523.8m $238.4m $238.4m 0.19% Reduced -754.6k -754,645
39 AGF MANAGEMENT LTD 1.68% of their portfolio TORONTO, A6 3,735,1903.7m $231.5m $231.5m 1.68% Reduced -320.4k -320,434
40 APG Asset Management N.V. 0.42% of their portfolio Amsterdam, P7 3,647,5773.6m $207.5m $207.5m 0.42% Reduced -16.8k -16,812
41 CREDIT SUISSE AG/ 0.21% of their portfolio ZURICH, V8 3,480,2403.5m $215.8m $215.8m 0.21% Reduced -76.0k -76,040
42 Public Sector Pension Investment Board 1.50% of their portfolio MONTREAL, A8 3,366,1673.4m $208.9m $208.9m 1.50% Reduced -274.6k -274,611
43 LETKO, BROSSEAU & ASSOCIATES INC 3.64% of their portfolio MONTREAL, A8 3,146,2673.1m $195.2m $195.2m 3.64% Added +18.0k +18,025
44 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,121,6143.1m $193.6m $193.6m 0.01% Added +3.1m +3,113,556
45 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.57% of their portfolio CHICAGO, IL 2,862,9302.9m $177.4m $177.4m 0.57% Reduced -38.1k -38,079
46 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 2,780,5902.8m $172.4m $172.4m 0.04% Added +889.0k +888,986
47 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 2,655,1452.7m $164.6m $164.6m 0.05% Reduced -126.4k -126,423
48 Amundi 0.08% of their portfolio Paris, I0 2,408,2902.4m $151.2m $151.2m 0.08% Reduced -7.2k -7,239
49 MONTRUSCO BOLTON INVESTMENTS INC. 2.16% of their portfolio MONTREAL, A8 2,242,1672.2m $139.1m $139.1m 2.16% Reduced -64.9k -64,948
50 INTACT INVESTMENT MANAGEMENT INC. 5.65% of their portfolio MONTREAL, A8 2,239,9392.2m $138.8m $138.8m 5.65% Reduced -7.2k -7,180
51 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 2,230,4372.2m $138.3m $138.3m 0.03% Added +51.0k +50,998
52 MUFG Securities EMEA plc 1.14% of their portfolio LONDON, X0 2,187,2532.2m $179.6m $179.6m 1.14% Added +887.3k +887,253
53 DekaBank Deutsche Girozentrale 0.29% of their portfolio FRANKFURT, 2M 2,125,0452.1m $131.0m $131.0m 0.29% Reduced -431.3k -431,332
54 Scheer, Rowlett & Associates Investment Management Ltd. 10.49% of their portfolio TORONTO, A6 2,114,8382.1m $131.1m $131.1m 10.49% Added +92.1k +92,096
55 Credential Qtrade Securities Inc. 7.95% of their portfolio VANCOUVER, A1 2,039,2842.0m $126.4m $126.4m 7.95% Added +74.3k +74,313
56 Caisse de depot et placement du Quebec 0.34% of their portfolio Montreal, A8 2,034,1842.0m $126.2m $126.2m 0.34% Added +396.8k +396,841
57 JARISLOWSKY, FRASER Ltd 0.73% of their portfolio MONTREAL, A8 1,972,0832.0m $122.4m $122.4m 0.73% Reduced -68.4k -68,351
58 CIDEL ASSET MANAGEMENT INC 5.34% of their portfolio TORONTO, A6 1,901,1531.9m $118.0m $118.0m 5.34% Reduced -36.2k -36,167
59 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 1,855,9531.9m $115.1m $115.1m 0.04% Added +210.7k +210,745
60 Canoe Financial LP 2.40% of their portfolio CALGARY, A0 1,848,3011.8m $114.6m $114.6m 2.40% Added +205.1k +205,119
61 Cardinal Capital Management, Inc. 5.65% of their portfolio WINNIPEG, A2 1,816,3761.8m $112.7m $112.7m 5.65% Reduced -24.7k -24,662
62 HSBC HOLDINGS PLC 0.12% of their portfolio LONDON, X0 1,772,1491.8m $109.9m $109.9m 0.12% Added +20.9k +20,865
63 GUARDIAN CAPITAL LP 3.46% of their portfolio TORONTO, A6 1,740,5541.7m $108.0m $108.0m 3.46% Reduced -323.9k -323,877
64 Korea Investment CORP 0.30% of their portfolio SEOUL, M5 1,730,4051.7m $107.4m $107.4m 0.30% Added +106.3k +106,263
65 Addenda Capital Inc. 5.70% of their portfolio MONTREAL, A8 1,653,0611.7m $135.7m $135.7m 5.70% Reduced -3.3k -3,285
66 Russell Investments Group, Ltd. 0.18% of their portfolio Seattle, WA 1,469,7751.5m $91.1m $91.1m 0.18% Reduced -98.7k -98,681
67 CANADA LIFE ASSURANCE Co 0.22% of their portfolio WINNIPEG, A2 1,462,4341.5m $91.3m $91.3m 0.22% Added +35.3k +35,347
68 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,382,7661.4m $85.7m $85.7m 0.04% Added +321.7k +321,656
69 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 9.48% of their portfolio MISSISSAUGA, A6 1,328,0241.3m $82.3m $82.3m 9.48% Added +35.3k +35,271
70 Quadrature Capital Ltd 1.77% of their portfolio LONDON, X0 1,304,0001.3m $80.8m $80.8m 1.77% Added +545.8k +545,800
71 FIRST TRUST ADVISORS LP 0.08% of their portfolio Wheaton, IL 1,186,5751.2m $73.6m $73.6m 0.08% Reduced -81.3k -81,301
72 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 1,181,8681.2m $73.3m $73.3m 0.07% Added +18.2k +18,195
73 Value Partners Investments Inc. 5.82% of their portfolio WINNIPEG, A2 1,168,9951.2m $72.5m $72.5m 5.82% Added +1.7k +1,659
74 Dixon Mitchell Investment Counsel Inc. 4.13% of their portfolio VANCOUVER, A1 1,161,5611.2m $72.0m $72.0m 4.13% Added +17.7k +17,748
75 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 1,112,9821.1m $69.0m $69.0m 0.03% Reduced -239.0k -238,963
76 State of Tennessee, Department of Treasury 0.27% of their portfolio NASHVILLE, TN 1,049,3551.0m $65.1m $65.1m 0.27% New
77 STATE OF WISCONSIN INVESTMENT BOARD 0.17% of their portfolio MADISON, WI 944,982945.0k $58.6m $58.6m 0.17% Added +45.0k +44,995
78 BlackRock Inc. 0.00% of their portfolio New York, NY 918,152918.2k $56.9m $56.9m 0.00% Added +20.4k +20,389
79 Burgundy Asset Management Ltd. 0.63% of their portfolio Toronto, A6 863,274863.3k $53.5m $53.5m 0.63% Reduced -28.8k -28,777
80 BANK OF NOVA SCOTIA TRUST CO 5.50% of their portfolio TORONTO, A6 849,448849.4k $52.7m $52.7m 5.50% Added +31.9k +31,896
81 GUARDIAN CAPITAL ADVISORS LP 5.83% of their portfolio TORONTO, A6 847,339847.3k $51.3m $51.3m 5.83% Added +40.4k +40,438
82 Northwest & Ethical Investments L.P. 1.66% of their portfolio TORONTO, A6 835,279835.3k $51.8m $51.8m 1.66% Added +81.7k +81,690
83 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 833,813833.8k $51.7m $51.7m 0.01% Added +2.4k +2,415
84 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 829,213829.2k $51.5m $51.5m 0.03% Added +25.2k +25,196
85 Advisors Capital Management, LLC 1.21% of their portfolio RIDGEWOOD, NJ 817,410817.4k $50.7m $50.7m 1.21% Added +44.3k +44,276
86 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 814,001814.0k $50.5m $50.5m 0.07% Reduced -57.1k -57,082
87 Nexus Investment Management ULC 5.36% of their portfolio TORONTO, A6 793,385793.4k $49.2m $49.2m 5.36% Added +7.5k +7,494
88 QV Investors Inc. 4.35% of their portfolio CALGARY, A0 778,477778.5k $48.3m $48.3m 4.35% Added +195.7k +195,728
89 Onex Canada Asset Management Inc. 2.89% of their portfolio TORONTO, A6 769,415769.4k $47.7m $47.7m 2.89% Reduced -184.6k -184,556
90 PICTET ASSET MANAGEMENT SA 0.06% of their portfolio GENEVA 73, V8 762,796762.8k $47.3m $47.3m 0.06% Added +30.5k +30,521
91 OMERS ADMINISTRATION Corp 0.69% of their portfolio TORONTO, A6 719,000719.0k $44.6m $44.6m 0.69% Unchanged
92 AVIVA PLC 0.18% of their portfolio LONDON, X0 693,422693.4k $43.0m $43.0m 0.18% Reduced -32.8k -32,789
93 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 622,740622.7k $38.6m $38.6m 0.05% Added +256.5k +256,501
94 Triasima Portfolio Management inc. 3.08% of their portfolio MONTREAL, A8 593,861593.9k $48.8m $48.8m 3.08% Reduced -480.9k -480,935
95 ROYAL LONDON ASSET MANAGEMENT LTD 0.12% of their portfolio UNITED KINGDOM, X0 593,495593.5k $36.8m $36.8m 0.12% Added +250.0k +249,952
96 Mawer Investment Management Ltd. 0.19% of their portfolio CALGARY, A0 588,504588.5k $36.5m $36.5m 0.19% Added +4.3k +4,304
97 Ilmarinen Mutual Pension Insurance Co 0.42% of their portfolio HELSINKI, H9 530,711530.7k $32.8m $32.8m 0.42% Unchanged
98 Zurcher Kantonalbank (Zurich Cantonalbank) 0.14% of their portfolio ZURICH, V8 524,925524.9k $32.6m $32.6m 0.14% Added +11.3k +11,322
99 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 443,160443.2k $27.5m $27.5m 0.03% Added +305.0k +304,982
100 M&T Bank Corp 0.10% of their portfolio BUFFALO, NY 419,086419.1k $26.0m $26.0m 0.10% Reduced -17.0k -17,040