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 ($1.2bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.07. Options: 30 managers hold calls ($843.8m notional), 31 hold puts ($494.8m).
Trends to Q2 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 |
| Q2 2024 | 672 |
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 |
| Q2 2024 | 231 | 381 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $870.6m | $855.3m | 0.98 |
| Q4 2023 | $863.9m | $585.3m | 0.68 |
| Q1 2024 | $779.1m | $429.9m | 0.55 |
| Q2 2024 | $843.8m | $494.8m | 0.59 |
Biggest buyers
| Federation des caisses Desjardins du Quebec | Added | +14.1m |
| CIBC WORLD MARKET INC. | Added | +5.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +4.6m |
| GOLDMAN SACHS GROUP INC | Added | +4.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +2.9m |
| DIMENSIONAL FUND ADVISORS LP | Added | +2.2m |
| Beutel, Goodman & Co Ltd. | Added | +2.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.0m |
| AXA S.A. | Added | +1.8m |
| JPMORGAN CHASE & CO | Added | +1.5m |
Biggest sellers
| BANK OF MONTREAL /CAN/ | Reduced | -20.6m |
| MORGAN STANLEY | Reduced | -15.5m |
| ROYAL BANK OF CANADA | Reduced | -10.6m |
| FIL Ltd | Reduced | -8.5m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -5.4m |
| BANK OF NOVA SCOTIA | Reduced | -4.8m |
| Sumitomo Mitsui Trust Group, Inc. | Sold out | -4.1m |
| NORGES BANK | Reduced | -4.0m |
| FMR LLC | Reduced | -3.4m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -1.8m |
Biggest calls
| ROYAL BANK OF CANADA | Added | $171.7m3.1m shares |
| CIBC WORLD MARKET INC. | Added | $116.2m2.1m shares |
| BANK OF MONTREAL /CAN/ | Added | $84.7m1.5m shares |
| SIG North Trading, ULC | Added | $53.6m975.6k shares |
| BANK OF AMERICA CORP /DE/ | Added | $49.5m900.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $44.2m804.2k shares |
| CITADEL ADVISORS LLC | Added | $43.5m790.8k shares |
| JANE STREET GROUP, LLC | Reduced | $42.5m773.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $42.3m563.3k shares |
| Twin Tree Management, LP | Reduced | $30.3m551.6k shares |
Biggest puts
| ROYAL BANK OF CANADA | Added | $167.1m3.0m shares |
| SIG North Trading, ULC | Added | $63.4m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $49.9m663.3k shares |
| BANK OF MONTREAL /CAN/ | Added | $31.9m575.2k shares |
| CIBC WORLD MARKET INC. | Unchanged | $26.8m487.5k shares |
| D. E. Shaw & Co., Inc. | Added | $24.7m450.0k shares |
| CITADEL ADVISORS LLC | Added | $23.3m424.4k shares |
| JANE STREET GROUP, LLC | Reduced | $23.3m424.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.3m296.1k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $12.4m225.0k 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 Q2 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 Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 1.89% of their portfolio | 142.4m $7.8bn | Reduced -10.6m |
| BANK OF MONTREAL /CAN/ 1.43% of their portfolio | 85.6m $4.7bn | Reduced -20.6m |
| VANGUARD GROUP INC 0.08% of their portfolio | 71.4m $3.9bn | Added +944.1k |
| CIBC WORLD MARKET INC. 6.87% of their portfolio | 50.4m $2.8bn | Added +5.8m |
| TD Asset Management Inc 2.10% of their portfolio | 40.9m $2.2bn | Reduced -1.7m |
| BANK OF NOVA SCOTIA 3.85% of their portfolio | 35.7m $2.0bn | Reduced -4.8m |
| NATIONAL BANK OF CANADA /FI/ 2.54% of their portfolio | 29.9m $1.6bn | Added +221.9k |
| MACKENZIE FINANCIAL CORP 2.12% of their portfolio | 26.0m $1.4bn | Added +218.8k |
| 1832 Asset Management L.P. 2.57% of their portfolio | 25.8m $1.4bn | Added +1.5m |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 21.2m $1.2bn | Added +1.5m |
| Federation des caisses Desjardins du Quebec 5.77% of their portfolio | 19.6m $1.1bn | Added +14.1m |
| NORGES BANK 0.16% of their portfolio | 19.0m $1.0bn | Reduced -4.0m |
| Beutel, Goodman & Co Ltd. 4.81% of their portfolio | 16.5m $905.8m | Added +2.1m |
| CIBC Asset Management Inc 3.06% of their portfolio | 15.7m $860.4m | Reduced -486.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 4.58% of their portfolio | 13.8m $759.4m | Added +1.2m |
| FIL Ltd 0.74% of their portfolio | 13.5m $743.0m | Reduced -8.5m |
| GOLDMAN SACHS GROUP INC 0.14% of their portfolio | 13.2m $726.6m | Added +4.3m |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 12.3m $675.3m | Reduced -1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.20% of their portfolio | 11.9m $653.2m | Added +358.3k |
| SCOTIA CAPITAL INC. 3.71% of their portfolio | 11.5m $632.9m | Added +29.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.55% of their portfolio | 10.8m $593.9m | Reduced -1.8m |
| TORONTO DOMINION BANK 0.91% of their portfolio | 10.3m $568.8m | Added +611.9k |
| Legal & General Group Plc 0.16% of their portfolio | 10.1m $554.0m | Reduced -149.7k |
| Connor, Clark & Lunn Investment Management Ltd. 2.22% of their portfolio | 9.6m $528.7m | Reduced -326.8k |
| TD Waterhouse Canada Inc. 4.70% of their portfolio | 9.6m $524.3m | Reduced -93.2k |
| MORGAN STANLEY 0.04% of their portfolio | 9.3m $509.8m | Reduced -15.5m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.44% of their portfolio | 8.1m $443.9m | Reduced -97.8k |
| DEUTSCHE BANK AG\ 0.19% of their portfolio | 7.7m $420.9m | Reduced -6.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 7.5m $415.6m | Added +316.3k |
| FMR LLC 0.02% of their portfolio | 6.0m $327.9m | Reduced -3.4m |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 5.8m $319.2m | Added +2.2m |
| Fiera Capital Corp 0.98% of their portfolio | 5.8m $316.7m | Added +34.3k |
| Capital Research Global Investors 0.07% of their portfolio | 5.6m $309.0m | Added +562 |
| AGF MANAGEMENT LTD 1.60% of their portfolio | 4.8m $288.5m | Added +112.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 4.6m $255.5m | New |
| Invesco Ltd. 0.05% of their portfolio | 4.4m $242.8m | Added +69.3k |
| Alberta Investment Management Corp 2.51% of their portfolio | 4.3m $237.5m | Reduced -257.3k |
| APG Asset Management N.V. 0.35% of their portfolio | 3.8m $197.4m | Added +95.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.61% of their portfolio | 3.7m $205.2m | Reduced -5.4m |
| LETKO, BROSSEAU & ASSOCIATES INC 3.49% of their portfolio | 3.4m $184.1m | Added +174.8k |
| STATE STREET CORP 0.01% of their portfolio | 3.2m $173.9m | Reduced -18.8k |
| Clearbridge Investments, LLC 0.14% of their portfolio | 3.1m $168.5m | Added +213.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 2.9m $159.5m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 2.6m $143.0m | Added +2.0m |
| D. E. Shaw & Co., Inc. 0.20% of their portfolio | 2.6m $142.5m | Added +903.5k |
| INTACT INVESTMENT MANAGEMENT INC. 5.23% of their portfolio | 2.5m $139.9m | Added +590.8k |
| Amundi 0.05% of their portfolio | 2.5m $139.6m | Reduced -61.3k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 2.4m $130.8m | Reduced -128.6k |
| Aviso Financial Inc. 6.75% of their portfolio | 2.2m $121.1m | First filing |
| AXA S.A. 0.18% of their portfolio | 2.2m $120.2m | Added +1.8m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.44% of their portfolio | 2.2m $119.5m | Added +959.5k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 2.1m $115.4m | Reduced -612.9k |
| SPRUCEGROVE INVESTMENT MANAGEMENT LTD 5.54% of their portfolio | 1.9m $107.0m | Added +621.9k |
| Scheer, Rowlett & Associates Investment Management Ltd. 7.99% of their portfolio | 1.9m $104.3m | Reduced -8.9k |
| CANADA LIFE ASSURANCE Co 0.17% of their portfolio | 1.6m $90.0m | Reduced -48.9k |
| JARISLOWSKY, FRASER Ltd 0.54% of their portfolio | 1.6m $89.1m | Reduced -217.4k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.89% of their portfolio | 1.6m $85.2m | Added +93.3k |
| Addenda Capital Inc. 4.52% of their portfolio | 1.5m $115.3m | Reduced -66.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.5m $81.1m | Reduced -46.7k |
| MARSHALL WACE, LLP 0.11% of their portfolio | 1.5m $80.7m | Added +1.2m |
| Korea Investment CORP 0.20% of their portfolio | 1.5m $80.4m | Added +196.8k |
| Capital World Investors 0.01% of their portfolio | 1.4m $78.1m | Reduced -592.7k |
| Dixon Mitchell Investment Counsel Inc. 3.84% of their portfolio | 1.4m $76.5m | Added +1.4k |
| Caisse de depot et placement du Quebec 0.18% of their portfolio | 1.4m $75.9m | Reduced -18.3k |
| TWO SIGMA INVESTMENTS, LP 0.17% of their portfolio | 1.3m $70.2m | Added +591.3k |
| BlackRock Inc. 0.00% of their portfolio | 1.2m $64.5m | Reduced -84.7k |
| Value Partners Investments Inc. 5.56% of their portfolio | 1.2m $64.1m | Reduced -2.6k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 1.2m $64.0m | Reduced -210.5k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 1.2m $63.9m | Reduced -14.3k |
| DekaBank Deutsche Girozentrale 0.11% of their portfolio | 1.1m $62.4m | Reduced -2.7k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 7.33% of their portfolio | 1.1m $60.3m | Added +15.0k |
| State of Tennessee, Department of Treasury 0.21% of their portfolio | 1.0m $56.0m | Reduced -30.7k |
| Burgundy Asset Management Ltd. 0.55% of their portfolio | 950.0k $52.2m | Added +102.8k |
| MUFG SECURITIES (CANADA), LTD. 3.40% of their portfolio | 938.0k $51.6m | Reduced -262.9k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 924.0k $50.8m | Reduced -26.4k |
| AVIVA PLC 0.14% of their portfolio | 922.6k $50.7m | Added +175.2k |
| Quadrature Capital Ltd 0.82% of their portfolio | 895.6k $49.2m | Reduced -763.2k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 882.0k $48.5m | Reduced -124.1k |
| QV Investors Inc. 4.48% of their portfolio | 868.2k $47.7m | Added +94.0k |
| BANK OF NOVA SCOTIA TRUST CO 5.08% of their portfolio | 826.9k $45.4m | Reduced -75.6k |
| CITIGROUP INC 0.04% of their portfolio | 826.3k $45.4m | Added +13.8k |
| TWO SIGMA ADVISERS, LP 0.10% of their portfolio | 793.0k $43.6m | Added +657.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 780.0k $42.9m | Added +5.8k |
| Pictet Asset Management Holding SA 0.05% of their portfolio | 776.5k $43.3m | Reduced -10.8k |
| UBS Group AG 0.01% of their portfolio | 770.5k $42.3m | Reduced -297.1k |
| Nexus Investment Management ULC 4.38% of their portfolio | 758.6k $41.7m | Reduced -81.8k |
| GUARDIAN CAPITAL LP 1.55% of their portfolio | 747.6k $41.1m | Reduced -344.8k |
| GUARDIAN CAPITAL ADVISORS LP 4.27% of their portfolio | 721.7k $40.1m | Reduced -116.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.12% of their portfolio | 675.4k $37.1m | Added +105.0k |
| Northwest & Ethical Investments L.P. 1.04% of their portfolio | 660.0k $36.3m | Added +42.5k |
| SIG North Trading, ULC 8.96% of their portfolio | 627.4k $34.5m | Added +268.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 620.4k $34.1m | Reduced -441.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.11% of their portfolio | 606.7k $33.3m | Added +292.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 586.6k $32.2m | Added +393.1k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 534.3k $29.4m | Added +273.8k |
| CIDEL ASSET MANAGEMENT INC 2.13% of their portfolio | 500.5k $27.5m | Reduced -169.5k |
| Galibier Capital Management Ltd. 6.68% of their portfolio | 488.6k $26.9m | Reduced -14.9k |
| Candriam S.C.A. 0.16% of their portfolio | 468.7k $25.8m | Added +68.3k |
| FORSTA AP-FONDEN 0.22% of their portfolio | 452.0k $24.8m | Reduced -63.2k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 444.2k $24.4m | Reduced -179.2k |