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BONST

Bank of Nova Scotia Trust Portfolio holdings

AUM $1.16B
1-Year Est. Return 27.04%
This Fund
S&P 500
This Quarter Est. Return
+10.99%
1 Year Est. Return
+27.04%
3 Year Est. Return
+51.93%
5 Year Est. Return
+63.29%
10 Year Est. Return
+183.35%
AUM
$891M
AUM Growth
+$49.2M
Cap. Flow
-$35.7M
Cap. Flow %
-4.01%
Top 10 Hldgs %
44.49%
Holding
140
New
8
Increased
33
Reduced
78
Closed
7

Top Buys

Rank Stock Value
1
TU icon
Telus
TU
+$3.58M
2
BEP icon
Brookfield Renewable
BEP
+$1.25M
3
BMO icon
Bank of Montreal
BMO
+$1.23M
4
UNH icon
UnitedHealth
UNH
+$1.17M
5
BCE icon
BCE
BCE
+$1.12M

Top Sells

Rank Stock Value
1
CM icon
Canadian Imperial Bank of Commerce
CM
+$16.8M
2
RCI icon
Rogers Communications
RCI
+$7.73M
3
BAC icon
Bank of America
BAC
+$1.99M
4
BN icon
Brookfield
BN
+$1.88M
5
CNI icon
Canadian National Railway
CNI
+$1.72M

Sector Composition

Rank Sector Weight
1 Financials 31.81%
2 Energy 12.64%
3 Industrials 12.26%
4 Communication Services 11.41%
5 Technology 11.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RY icon
1
Royal Bank of Canada
RY
$293B
$68M 7.63%
672,589
-8,419
-1% -$742K
TD icon
2
Toronto Dominion Bank
TD
$200B
$57.3M 6.43%
887,115
-15,550
-2% -$932K
BMO icon
3
Bank of Montreal
BMO
$127B
$45.9M 5.15%
463,792
+14,735
+3% +$1.23M
MSFT icon
4
Microsoft
MSFT
$3.71T
$35.6M 4%
94,758
-4,025
-4% -$1.43M
BCE icon
5
BCE
BCE
$21.2B
$35.6M 4%
904,258
+28,836
+3% +$1.12M
CNI icon
6
Canadian National Railway
CNI
$76.6B
$34M 3.82%
270,734
-15,155
-5% -$1.72M
TU icon
7
Telus
TU
$15.3B
$32.8M 3.68%
1,841,852
+207,031
+13% +$3.58M
ENB icon
8
Enbridge
ENB
$112B
$32.6M 3.66%
906,301
+6,708
+0.7% +$226K
TRP icon
9
TC Energy
TRP
$65.9B
$30.3M 3.4%
774,196
+6,987
+0.9% +$255K
CNQ icon
10
Canadian Natural Resources
CNQ
$93.8B
$24.2M 2.72%
739,872
-23,430
-3% -$758K
CP icon
11
Canadian Pacific Kansas City
CP
$80.5B
$22.2M 2.5%
281,410
-9,657
-3% -$707K
QSR icon
12
Restaurant Brands International
QSR
$25.8B
$20M 2.25%
256,038
+8,002
+3% +$557K
MFC icon
13
Manulife Financial
MFC
$73.5B
$18.2M 2.04%
823,727
-24,237
-3% -$465K
SU icon
14
Suncor Energy
SU
$70.3B
$16.9M 1.9%
528,033
-13,490
-2% -$440K
COST icon
15
Costco
COST
$420B
$16.9M 1.9%
25,578
-227
-0.9% -$135K
WCN
16
Waste Connections
WCN
$42B
$16.3M 1.83%
108,952
-695
-0.6% -$95.5K
FTS icon
17
Fortis
FTS
$28.7B
$15.7M 1.76%
381,788
+41
+0% +$1.65K
V icon
18
Visa
V
$677B
$15.5M 1.74%
59,526
-3,509
-6% -$865K
BN icon
19
Brookfield
BN
$108B
$15.5M 1.74%
579,147
-83,037
-13% -$1.88M
GOOGL icon
20
Alphabet (Google) Class A
GOOGL
$4.33T
$15.2M 1.7%
108,496
-8,165
-7% -$1.1M
AAPL icon
21
Apple
AAPL
$4.57T
$14.5M 1.63%
75,247
-2,516
-3% -$465K
BNS icon
22
Scotiabank
BNS
$108B
$13.7M 1.54%
281,723
-22,976
-8% -$1.01M
SLF icon
23
Sun Life Financial
SLF
$45.4B
$13.6M 1.53%
262,454
+12,968
+5% +$638K
JNJ icon
24
Johnson & Johnson
JNJ
$625B
$13.2M 1.49%
84,500
-3,860
-4% -$592K
GIB icon
25
CGI
GIB
$15.5B
$12.7M 1.43%
118,840
-8,399
-7% -$851K
1
2 3 4 5

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FP
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Bank of Nova Scotia Trust's Q4 2023 Portfolio in Review

As of Q4 2023, Bank of Nova Scotia Trust held 140 positions worth $891M, up 5.8% from $842M the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Bank of Nova Scotia Trust withdrew a net $35.7M in Q4 2023, closing 7 positions and reducing 78 holdings. Its most notable exit was IBM, an estimated $370K position sold in full.

By sector, the portfolio is most concentrated in Financials at 32% of assets, down from 32% a quarter earlier, followed by Energy and Industrials.

Against the trend, Bank of Nova Scotia Trust opened a new position in Southern Copper worth $975K.

  • Bank of Nova Scotia Trust's largest Q4 2023 buy was Southern Copper: 12,222 shares worth $975K.
  • Bank of Nova Scotia Trust added most to Telus in Q4 2023, an estimated $3.58M increase.
  • Bank of Nova Scotia Trust's biggest Q4 2023 reduction was Canadian Imperial Bank of Commerce, cutting an estimated $16.8M.
  • Bank of Nova Scotia Trust fully exited IBM in Q4 2023, selling an estimated $370K.
  • Bank of Nova Scotia Trust's ten largest holdings make up 44% of its $891M portfolio in Q4 2023.
  • Bank of Nova Scotia Trust opened 8 new positions and closed 7 in Q4 2023.
  • Bank of Nova Scotia Trust's portfolio value rose 5.8% quarter-over-quarter to $891M.

Based on Bank of Nova Scotia Trust's 13F filing for Q4 2023, filed 12 Feb 2024.