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 ($1.6bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $123.39. Options: 30 managers hold calls ($1.1bn notional), 29 hold puts ($1.4bn).
Trends to Q2 2026
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 |
| Q3 2024 | 688 |
| Q4 2024 | 639 |
| Q1 2025 | 637 |
| Q2 2025 | 683 |
| Q3 2025 | 709 |
| Q4 2025 | 800 |
| Q1 2026 | 841 |
| Q2 2026 | 898 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 265 | 335 |
| Q4 2024 | 199 | 393 |
| Q1 2025 | 271 | 288 |
| Q2 2025 | 306 | 266 |
| Q3 2025 | 313 | 268 |
| Q4 2025 | 353 | 266 |
| Q1 2026 | 360 | 312 |
| Q2 2026 | 372 | 354 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.1bn | $1.3bn | 1.23 |
| Q4 2025 | $1.2bn | $1.6bn | 1.32 |
| Q1 2026 | $862.9m | $1.0bn | 1.21 |
| Q2 2026 | $1.1bn | $1.4bn | 1.22 |
Biggest buyers
| FIL Ltd | Added | +3.8m |
| Fiera Capital Corp | Added | +2.2m |
| UBS Group AG | Added | +2.1m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.7m |
| OMERS ADMINISTRATION Corp | Added | +1.7m |
| GOLDMAN SACHS GROUP INC | Added | +1.5m |
| JANE STREET GROUP, LLC | Added | +1.3m |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +1.2m |
| Vanguard Global Advisers, LLC | Added | +1.0m |
| CITADEL ADVISORS LLC | Added | +973.7k |
Biggest sellers
| BANK OF MONTREAL /CAN/ | Reduced | -12.6m |
| TD Asset Management Inc | Reduced | -12.1m |
| ROYAL BANK OF CANADA | Reduced | -7.7m |
| CIBC WORLD MARKET INC. | Reduced | -3.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -3.1m |
| 1832 Asset Management L.P. | Reduced | -2.3m |
| Invesco Ltd. | Reduced | -1.7m |
| Quadrature Capital Ltd | Sold out | -1.3m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.2m |
| DEUTSCHE BANK AG\ | Reduced | -1.0m |
Biggest calls
| SIG North Trading, ULC | Added | $141.4m1.2m shares |
| TORONTO DOMINION BANK | Added | $127.0m1.0m shares |
| BANK OF MONTREAL /CAN/ | Reduced | $123.9m1.0m shares |
| D. E. Shaw & Co., Inc. | Reduced | $119.0m980.0k shares |
| ROYAL BANK OF CANADA | Reduced | $118.0m971.8k shares |
| CITADEL ADVISORS LLC | Reduced | $82.1m676.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $72.4m596.4k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $58.3m4.8k shares |
| Twin Tree Management, LP | Added | $44.9m370.1k shares |
| Murchinson Ltd. | Added | $31.0m255.6k shares |
Biggest puts
| D. E. Shaw & Co., Inc. | Added | $406.8m3.3m shares |
| ROYAL BANK OF CANADA | Unchanged | $316.9m2.6m shares |
| SIG North Trading, ULC | Added | $170.8m1.4m shares |
| CITADEL ADVISORS LLC | Added | $102.3m842.8k shares |
| TORONTO DOMINION BANK | Reduced | $76.9m632.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $62.0m510.5k shares |
| Flat Footed LLC | Added | $56.2m462.5k shares |
| Murchinson Ltd. | Added | $31.0m255.6k shares |
| Point72 Asset Management, L.P. | Added | $22.0m181.0k shares |
| JANE STREET GROUP, LLC | Added | $17.4m143.0k 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 since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 2.20% of their portfolio | 106.8m $13.0bn | Reduced -7.7m |
| BANK OF MONTREAL /CAN/ 2.77% of their portfolio | 62.7m $7.6bn | Reduced -12.6m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 50.8m $6.2bn | Added +343.1k |
| CIBC WORLD MARKET INC. 7.40% of their portfolio | 36.2m $4.4bn | Reduced -3.1m |
| FIL Ltd 2.66% of their portfolio | 30.5m $3.7bn | Added +3.8m |
| 1832 Asset Management L.P. 4.18% of their portfolio | 28.1m $3.4bn | Reduced -2.3m |
| NATIONAL BANK OF CANADA /FI/ 2.91% of their portfolio | 27.3m $3.3bn | Reduced -78.9k |
| TD Asset Management Inc 2.69% of their portfolio | 25.5m $3.1bn | Reduced -12.1m |
| MACKENZIE FINANCIAL CORP 3.90% of their portfolio | 22.9m $3.9bn | Reduced -1.2m |
| TD Waterhouse Canada Inc. 6.53% of their portfolio | 20.3m $2.5bn | Reduced -391.4k |
| NORGES BANK 0.24% of their portfolio | 20.0m $2.4bn | Not comparable |
| GEODE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 19.2m $2.4bn | Added +1.7m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.60% of their portfolio | 16.9m $2.1bn | Added +17.0k |
| VANGUARD FIDUCIARY TRUST CO 0.40% of their portfolio | 14.8m $1.8bn | Added +43.9k |
| Vanguard Global Advisers, LLC 0.73% of their portfolio | 12.8m $1.6bn | Added +1.0m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.85% of their portfolio | 12.7m $1.5bn | Added +206.8k |
| CIBC Asset Management Inc 3.38% of their portfolio | 12.7m $1.5bn | Added +707.3k |
| BANK OF NOVA SCOTIA 2.20% of their portfolio | 11.9m $1.5bn | Reduced -563.6k |
| Connor, Clark & Lunn Investment Management Ltd. 2.73% of their portfolio | 11.9m $1.4bn | Added +1.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.48% of their portfolio | 11.2m $1.5bn | Reduced -3.1m |
| Federation des caisses Desjardins du Quebec 3.80% of their portfolio | 10.3m $1.2bn | Added +722.4k |
| SCOTIA CAPITAL INC. 4.64% of their portfolio | 10.3m $1.2bn | Reduced -327.4k |
| Legal & General Group Plc 0.26% of their portfolio | 10.2m $1.2bn | Reduced -151.3k |
| FMR LLC 0.05% of their portfolio | 10.1m $1.2bn | Reduced -910.5k |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 8.2m $984.3m | Added +539.7k |
| DIMENSIONAL FUND ADVISORS LP 0.17% of their portfolio | 7.8m $942.8m | Added +198.1k |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 7.7m $930.6m | Added +1.5m |
| Beutel, Goodman & Co Ltd. 5.74% of their portfolio | 6.4m $780.4m | Reduced -963.0k |
| MORGAN STANLEY 0.04% of their portfolio | 6.2m $753.4m | Added +214.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.98% of their portfolio | 5.7m $688.5m | Reduced -802.6k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 3.98% of their portfolio | 5.2m $635.8m | Added +202.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 5.1m $619.8m | Added +68.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.67% of their portfolio | 4.6m $564.2m | Reduced -838.1k |
| PICTON MAHONEY ASSET MANAGEMENT 5.12% of their portfolio | 4.6m $555.3m | Added +831.9k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 4.5m $544.7m | Reduced -482.1k |
| UBS Group AG 0.08% of their portfolio | 4.0m $486.6m | Added +2.1m |
| Invesco Ltd. 0.04% of their portfolio | 3.8m $458.6m | Reduced -1.7m |
| DEUTSCHE BANK AG\ 0.13% of their portfolio | 3.6m $440.8m | Reduced -1.0m |
| VANGUARD ASSET MANAGEMENT, Ltd 0.28% of their portfolio | 3.5m $420.8m | Added +388.2k |
| Alberta Investment Management Corp 2.41% of their portfolio | 3.4m $418.5m | Reduced -749.4k |
| OMERS ADMINISTRATION Corp 2.41% of their portfolio | 3.3m $402.2m | Added +1.7m |
| Amundi 0.10% of their portfolio | 3.3m $401.7m | Added +203.2k |
| Public Sector Pension Investment Board 1.03% of their portfolio | 3.2m $391.0m | Added +287.2k |
| Caisse de depot et placement du Quebec 0.52% of their portfolio | 3.0m $364.1m | Added +54.2k |
| Capital Research Global Investors 0.05% of their portfolio | 3.0m $359.6m | Added +2.2k |
| STATE STREET CORP 0.01% of their portfolio | 2.8m $340.3m | Reduced -72.4k |
| TORONTO DOMINION BANK 0.55% of their portfolio | 2.7m $327.7m | Added +115.3k |
| Fiera Capital Corp 1.16% of their portfolio | 2.6m $320.7m | Added +2.2m |
| AGF MANAGEMENT LTD 1.41% of their portfolio | 2.5m $363.1m | Reduced -130.2k |
| LETKO, BROSSEAU & ASSOCIATES INC 4.30% of their portfolio | 2.4m $290.9m | Reduced -122.4k |
| MUFG SECURITIES (CANADA), LTD. 7.74% of their portfolio | 2.4m $287.0m | Reduced -125.4k |
| BlackRock, Inc. 0.00% of their portfolio | 1.9m $232.7m | Reduced -124.2k |
| Clearbridge Investments, LLC 0.17% of their portfolio | 1.7m $210.7m | Reduced -88.9k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.47% of their portfolio | 1.7m $210.4m | Reduced -229.6k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.7m $202.9m | Added +75.4k |
| Aviso Financial Inc. 6.80% of their portfolio | 1.6m $195.5m | Reduced -85.1k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 1.6m $149.5m | Reduced -30.0k |
| Dixon Mitchell Investment Counsel Inc. 6.29% of their portfolio | 1.6m $193.5m | Added +92.3k |
| AVIVA PLC 0.27% of their portfolio | 1.5m $183.9m | Added +8.4k |
| Russell Investments Group, Ltd. 0.16% of their portfolio | 1.5m $180.2m | Added +62.7k |
| JANE STREET GROUP, LLC 0.11% of their portfolio | 1.5m $178.5m | Added +1.3m |
| Nuveen, LLC 0.04% of their portfolio | 1.4m $176.2m | Reduced -8.5k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.3m $160.0m | Added +2.0k |
| Scheer, Rowlett & Associates Investment Management Ltd. 11.44% of their portfolio | 1.3m $159.2m | Reduced -57.6k |
| Addenda Capital Inc. 6.07% of their portfolio | 1.3m $223.2m | Reduced -6.2k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.2m $151.5m | Reduced -7.8k |
| GUARDIAN CAPITAL LP 3.66% of their portfolio | 1.2m $150.5m | Reduced -63.9k |
| NATIXIS ADVISORS, LLC 0.16% of their portfolio | 1.2m $146.2m | Reduced -198.6k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 1.2m $142.1m | Added +54.5k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 1.2m $141.9m | Added +973.7k |
| DekaBank Deutsche Girozentrale 0.18% of their portfolio | 1.1m $106.0m | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.05% of their portfolio | 1.1m $134.2m | Reduced -199.6k |
| Korea Investment CORP 0.25% of their portfolio | 1.1m $133.5m | Added +7.7k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 1.0m $125.8m | Added +371.4k |
| INTACT INVESTMENT MANAGEMENT INC. 3.54% of their portfolio | 1.0m $124.5m | Reduced -232.3k |
| Hillsdale Investment Management Inc. 2.82% of their portfolio | 1.0m $123.8m | Reduced -182.3k |
| CANADA LIFE ASSURANCE Co 0.19% of their portfolio | 977.7k $118.2m | Added +126.4k |
| State of Tennessee, Department of Treasury 0.34% of their portfolio | 954.4k $116.0m | Added +2.1k |
| TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio | 944.2k $114.6m | Added +64.0k |
| Pictet Asset Management Holding SA 0.10% of their portfolio | 901.6k $109.6m | Reduced -21.5k |
| Alyeska Investment Group, L.P. 0.27% of their portfolio | 859.0k $104.3m | Reduced -83.0k |
| Clark Capital Management Group, Inc. 0.56% of their portfolio | 841.7k $102.2m | Reduced -222.6k |
| JUPITER ASSET MANAGEMENT LTD 0.51% of their portfolio | 841.6k $102.3m | Added +789.3k |
| SEB Asset Management AB 0.38% of their portfolio | 832.0k $101.1m | Reduced -662.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.14% of their portfolio | 815.3k $99.0m | Added +719.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.19% of their portfolio | 807.8k $98.2m | Added +41.2k |
| Vanguard Investments Australia, Ltd. 0.24% of their portfolio | 790.5k $96.1m | Added +3.4k |
| INTECH INVESTMENT MANAGEMENT LLC 0.85% of their portfolio | 762.3k $92.7m | Added +54.3k |
| BANK OF NOVA SCOTIA TRUST CO 7.24% of their portfolio | 719.3k $87.3m | Reduced -26.9k |
| MUFG Securities EMEA plc 0.89% of their portfolio | 700.0k $85.0m | New |
| BESSEMER GROUP INC 0.12% of their portfolio | 697.9k $84.7m | Reduced -14.0k |
| Polar Asset Management Partners Inc. 1.45% of their portfolio | 653.0k $79.3m | New |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 629.3k $76.5m | Added +63.3k |
| Northwest & Ethical Investments L.P. 1.75% of their portfolio | 620.7k $75.3m | Reduced -67.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.22% of their portfolio | 613.0k $74.5m | Reduced -32.9k |
| Guardian Partners Inc. 6.67% of their portfolio | 608.6k $74.0m | Reduced -94.2k |
| LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio | 593.6k $72.1m | Reduced -72.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 568.8k $69.1m | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 561.6k $68.2m | Reduced -228.5k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 556.8k $67.6m | Reduced -17.1k |