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 ≈ $60.61. Options: 28 managers hold calls ($779.1m notional), 27 hold puts ($429.9m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 672 |
| Q4 2022 | 708 |
| Q1 2023 | 695 |
| Q2 2023 | 688 |
| Q3 2023 | 650 |
| Q4 2023 | 702 |
| Q1 2024 | 701 |
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 |
| Q2 2023 | 295 | 313 |
| Q3 2023 | 252 | 298 |
| Q4 2023 | 252 | 322 |
| Q1 2024 | 271 | 360 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.1bn | $1.1bn | 1.01 |
| Q3 2023 | $870.6m | $855.3m | 0.98 |
| Q4 2023 | $863.9m | $585.3m | 0.68 |
| Q1 2024 | $779.1m | $429.9m | 0.55 |
Biggest buyers
| MORGAN STANLEY | Added | +11.6m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +7.7m |
| BANK OF NOVA SCOTIA | Added | +7.2m |
| GOLDMAN SACHS GROUP INC | Added | +2.7m |
| BANK OF AMERICA CORP /DE/ | Added | +2.2m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +2.2m |
| NATIONAL BANK OF CANADA /FI/ | Added | +1.7m |
| D. E. Shaw & Co., Inc. | Added | +1.7m |
| ROYAL BANK OF CANADA | Added | +1.7m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.5m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -4.8m |
| TORONTO DOMINION BANK | Reduced | -4.1m |
| FIL Ltd | Reduced | -4.1m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -3.9m |
| TD Asset Management Inc | Reduced | -3.8m |
| VANGUARD GROUP INC | Reduced | -3.3m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Sold out | -2.7m |
| MACKENZIE FINANCIAL CORP | Reduced | -2.1m |
| Canoe Financial LP | Reduced | -1.9m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -1.8m |
Biggest calls
| CIBC WORLD MARKET INC. | Added | $112.0m1.9m shares |
| Twin Tree Management, LP | Added | $87.9m1.5m shares |
| ROYAL BANK OF CANADA | Reduced | $78.7m1.3m shares |
| D. E. Shaw & Co., Inc. | Reduced | $62.8m1.0m shares |
| JANE STREET GROUP, LLC | Added | $59.3m981.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $55.1m912.0k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $51.3m850.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $46.0m562.5k shares |
| CITADEL ADVISORS LLC | Reduced | $45.9m759.4k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $32.0m530.5k shares |
Biggest puts
| ROYAL BANK OF CANADA | Reduced | $147.8m2.4m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $54.2m662.5k shares |
| SIG North Trading, ULC | First filing | $45.4m751.5k shares |
| JANE STREET GROUP, LLC | Added | $31.9m527.9k shares |
| CIBC WORLD MARKET INC. | Reduced | $29.4m487.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $24.2m400.0k shares |
| CITADEL ADVISORS LLC | Reduced | $20.3m336.7k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $14.5m240.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.6m226.0k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $13.6m225.0k 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 2024
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 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 2.25% of their portfolio | 153.0m $9.2bn | Added +1.7m |
| BANK OF MONTREAL /CAN/ 2.02% of their portfolio | 106.2m $6.4bn | Reduced -1.4m |
| VANGUARD GROUP INC 0.08% of their portfolio | 70.5m $4.3bn | Reduced -3.3m |
| CIBC WORLD MARKET INC. 6.89% of their portfolio | 44.5m $2.7bn | Reduced -1.3m |
| TD Asset Management Inc 2.40% of their portfolio | 42.6m $2.6bn | Reduced -3.8m |
| BANK OF NOVA SCOTIA 4.93% of their portfolio | 40.5m $2.4bn | Added +7.2m |
| NATIONAL BANK OF CANADA /FI/ 2.90% of their portfolio | 29.7m $1.7bn | Added +1.7m |
| MACKENZIE FINANCIAL CORP 2.25% of their portfolio | 25.8m $1.6bn | Reduced -2.1m |
| MORGAN STANLEY 0.04% of their portfolio | 24.8m $1.5bn | Added +11.6m |
| 1832 Asset Management L.P. 2.69% of their portfolio | 24.3m $1.5bn | Reduced -228.6k |
| NORGES BANK 0.22% of their portfolio | 23.0m $1.4bn | Added +151.1k |
| FIL Ltd 1.32% of their portfolio | 22.0m $1.3bn | Reduced -4.1m |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 19.7m $1.2bn | Reduced -4.8m |
| CIBC Asset Management Inc 3.39% of their portfolio | 16.1m $974.8m | Reduced -818.4k |
| Beutel, Goodman & Co Ltd. 4.49% of their portfolio | 14.4m $871.3m | Reduced -179.6k |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 13.7m $825.8m | Added +2.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.71% of their portfolio | 12.6m $762.2m | Reduced -3.9m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 5.26% of their portfolio | 12.6m $761.2m | Added +7.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.21% of their portfolio | 11.5m $696.0m | Added +249.0k |
| SCOTIA CAPITAL INC. 4.13% of their portfolio | 11.5m $693.9m | Added +403.4k |
| Legal & General Group Plc 0.18% of their portfolio | 10.2m $617.7m | Reduced -129.2k |
| Connor, Clark & Lunn Investment Management Ltd. 2.58% of their portfolio | 9.9m $600.4m | Reduced -1.8m |
| TORONTO DOMINION BANK 0.92% of their portfolio | 9.7m $587.9m | Reduced -4.1m |
| TD Waterhouse Canada Inc. 5.81% of their portfolio | 9.7m $775.0m | Reduced -103.0k |
| FMR LLC 0.04% of their portfolio | 9.4m $566.9m | Added +173.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.94% of their portfolio | 9.1m $549.6m | Added +2.2m |
| GOLDMAN SACHS GROUP INC 0.11% of their portfolio | 8.9m $540.0m | Added +2.7m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.52% of their portfolio | 8.2m $493.9m | Added +1.2m |
| DEUTSCHE BANK AG\ 0.22% of their portfolio | 7.7m $462.8m | Added +221.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 7.2m $436.2m | Added +231.1k |
| Fiera Capital Corp 1.01% of their portfolio | 5.7m $345.7m | Reduced -55.2k |
| Capital Research Global Investors 0.08% of their portfolio | 5.6m $339.2m | Added +2.1k |
| Federation des caisses Desjardins du Quebec 3.24% of their portfolio | 5.5m $448.1m | Reduced -104.6k |
| AGF MANAGEMENT LTD 1.52% of their portfolio | 4.6m $274.5m | Added +814.2k |
| Alberta Investment Management Corp 2.80% of their portfolio | 4.6m $276.7m | Reduced -150.0k |
| Invesco Ltd. 0.06% of their portfolio | 4.3m $262.6m | Reduced -126.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.17% of their portfolio | 4.1m $250.0m | Reduced -123.1k |
| APG Asset Management N.V. 0.37% of their portfolio | 3.8m $210.0m | Added +41.9k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 3.6m $216.9m | Added +1.5m |
| STATE STREET CORP 0.01% of their portfolio | 3.2m $192.2m | Added +32.0k |
| LETKO, BROSSEAU & ASSOCIATES INC 3.33% of their portfolio | 3.2m $191.8m | Added +80.1k |
| CREDIT SUISSE AG/ 0.18% of their portfolio | 3.1m $187.8m | Reduced -155.7k |
| Clearbridge Investments, LLC 0.14% of their portfolio | 2.9m $172.2m | Reduced -35.1k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 2.7m $163.9m | Added +332.2k |
| Amundi 0.06% of their portfolio | 2.6m $147.0m | Added +66.7k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 2.5m $151.5m | Reduced -44.0k |
| Credential Qtrade Securities Inc. 6.88% of their portfolio | 2.1m $128.2m | Added +48.9k |
| Capital World Investors 0.02% of their portfolio | 2.0m $121.5m | Reduced -6.7k |
| INTACT INVESTMENT MANAGEMENT INC. 4.65% of their portfolio | 2.0m $118.0m | Added +630.2k |
| Scheer, Rowlett & Associates Investment Management Ltd. 8.51% of their portfolio | 1.9m $115.1m | Reduced -2.5k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 1.9m $113.7m | Added +159.9k |
| JARISLOWSKY, FRASER Ltd 0.64% of their portfolio | 1.8m $111.1m | Reduced -78.6k |
| D. E. Shaw & Co., Inc. 0.13% of their portfolio | 1.7m $102.0m | Added +1.7m |
| CANADA LIFE ASSURANCE Co 0.21% of their portfolio | 1.7m $102.0m | Reduced -46.0k |
| Quadrature Capital Ltd 1.71% of their portfolio | 1.7m $99.8m | Added +672.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 1.6m $98.5m | Added +662.9k |
| Addenda Capital Inc. 4.96% of their portfolio | 1.6m $130.7m | Reduced -29.2k |
| Cardinal Capital Management, Inc. 4.15% of their portfolio | 1.5m $93.5m | Reduced -247.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.5m $91.9m | Reduced -537.0k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.94% of their portfolio | 1.5m $88.0m | Reduced -49.5k |
| Caisse de depot et placement du Quebec 0.20% of their portfolio | 1.4m $84.6m | Reduced -456.4k |
| Dixon Mitchell Investment Counsel Inc. 4.18% of their portfolio | 1.4m $83.9m | Added +37.0k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 1.4m $83.0m | Added +1.3m |
| SPRUCEGROVE INVESTMENT MANAGEMENT LTD 3.23% of their portfolio | 1.3m $80.0m | Added +308.5k |
| Korea Investment CORP 0.19% of their portfolio | 1.3m $76.5m | Reduced -181.4k |
| BlackRock Inc. 0.00% of their portfolio | 1.3m $76.0m | Reduced -16.9k |
| Public Sector Pension Investment Board 0.54% of their portfolio | 1.2m $74.9m | Reduced -420.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.27% of their portfolio | 1.2m $73.3m | Added +1.1m |
| MUFG SECURITIES (CANADA), LTD. 9.17% of their portfolio | 1.2m $72.5m | New |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 1.2m $71.2m | Reduced -20.5k |
| Value Partners Investments Inc. 5.77% of their portfolio | 1.2m $70.5m | Reduced -1.0m |
| DekaBank Deutsche Girozentrale 0.13% of their portfolio | 1.1m $69.2m | Reduced -891.7k |
| GUARDIAN CAPITAL LP 2.30% of their portfolio | 1.1m $66.0m | Reduced -91.6k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 1.1m $65.4m | Added +1.0m |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 7.74% of their portfolio | 1.1m $65.3m | Reduced -20.1k |
| UBS Group AG 0.02% of their portfolio | 1.1m $64.5m | Added +8.5k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 1.1m $64.1m | Added +841.3k |
| State of Tennessee, Department of Treasury 0.23% of their portfolio | 1.0m $63.4m | Unchanged |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.0m $60.7m | Reduced -53.5k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 950.4k $57.4m | Reduced -41.7k |
| BANK OF NOVA SCOTIA TRUST CO 5.87% of their portfolio | 902.6k $54.5m | Added +15.5k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 858.4k $51.8m | Added +598.1k |
| Burgundy Asset Management Ltd. 0.53% of their portfolio | 847.2k $51.1m | Reduced -3.0k |
| Nexus Investment Management ULC 4.89% of their portfolio | 840.4k $50.8m | Added +45.6k |
| GUARDIAN CAPITAL ADVISORS LP 5.20% of their portfolio | 838.0k $48.2m | Reduced -11.9k |
| CITIGROUP INC 0.05% of their portfolio | 812.4k $49.1m | Added +35.5k |
| Pictet Asset Management Holding SA 0.05% of their portfolio | 787.2k $47.8m | Reduced -25.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 774.3k $46.8m | Reduced -33.1k |
| QV Investors Inc. 4.06% of their portfolio | 774.2k $46.8m | Added +8.0k |
| AVIVA PLC 0.15% of their portfolio | 747.3k $45.1m | Added +13.8k |
| Triasima Portfolio Management inc. 3.62% of their portfolio | 714.2k $43.1m | Reduced -576.5k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 685.3k $41.4m | New |
| CIDEL ASSET MANAGEMENT INC 3.08% of their portfolio | 670.0k $40.5m | Reduced -1.2m |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.10% of their portfolio | 644.6k $38.9m | Added +46.5k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 623.4k $37.7m | Reduced -105.1k |
| Northwest & Ethical Investments L.P. 1.07% of their portfolio | 617.5k $37.3m | Reduced -62.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 617.4k $37.3m | Reduced -629.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.12% of their portfolio | 570.4k $34.5m | Reduced -278.1k |
| Mawer Investment Management Ltd. 0.15% of their portfolio | 521.5k $31.5m | Reduced -9.2k |
| FORSTA AP-FONDEN 0.26% of their portfolio | 515.2k $31.1m | Added +75.9k |