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Bank of Nova Scotia Portfolio holdings
AUM
$57.2B
1-Year Est. Return
35.3%
This Fund
S&P 500
This Quarter
Est. Return
+6.19%
1 Year Est. Return
+35.3%
3 Year Est. Return
+94.35%
5 Year Est. Return
+115.22%
10 Year Est. Return
+368.12%
AUM
$38.2B
AUM Growth
+$4.47B
(+13%)
Cap. Flow
+$2.37B
Cap. Flow
% of AUM
6.2%
Top 10 Holdings %
Top 10 Hldgs %
35.72%
Holding
1,201
New
79
Increased
539
Reduced
349
Closed
184
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$592M |
| 2 |
Shopify
SHOP
|
+$553M |
| 3 |
NVIDIA
NVDA
|
+$482M |
| 4 |
iShares MSCI ACWI ETF
ACWI
|
+$350M |
| 5 |
Canadian Natural Resources
CNQ
|
+$325M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$283M |
| 2 |
SJR
Shaw Communications Inc.
SJR
|
+$220M |
| 3 |
Thomson Reuters
TRI
|
+$209M |
| 4 |
Bank of Montreal
BMO
|
+$201M |
| 5 |
Vanguard Morningstar Value ETF
VTV
|
+$145M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.72% |
| 2 | Technology | 16.14% |
| 3 | Energy | 14.53% |
| 4 | Industrials | 6.95% |
| 5 | Communication Services | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Toronto Dominion Bank
TD
$200B
| $2.3B | 6.02% |
36,757,624
+2,777,516
| +8% | +$167M |
|
|
2
Royal Bank of Canada
RY
$294B
| $2.28B | 5.96% |
23,604,923
-2,960,332
| -11% | -$283M |
|
|
3
Canadian Natural Resources
CNQ
$94.8B
| $1.41B | 3.69% |
49,478,080
+11,369,792
| +30% | +$325M |
|
|
4
Bank of Montreal
BMO
$127B
| $1.21B | 3.16% |
13,366,670
-2,268,806
| -15% | -$201M |
|
5
Apple
AAPL
$4.56T
| $1.18B | 3.08% |
6,066,569
-123,005
| -2% | -$21.4M |
|
|
6
NVIDIA
NVDA
$5.3T
| $1.13B | 2.95% |
26,654,350
+14,518,650
| +120% | +$482M |
|
7
TC Energy
TRP
$66.6B
| $1.12B | 2.93% |
27,730,790
-944,256
| -3% | -$38.6M |
|
8
Canadian Imperial Bank of Commerce
CM
$108B
| $1.07B | 2.79% |
25,049,681
-2,302,617
| -8% | -$97.3M |
|
9
Enbridge
ENB
$113B
| $994M | 2.6% |
26,731,287
-2,938,361
| -10% | -$112M |
|
10
Microsoft
MSFT
$3.71T
| $966M | 2.53% |
2,837,000
+723,277
| +34% | +$227M |
|
|
11
Shopify
SHOP
$190B
| $723M | 1.89% |
11,195,131
+9,781,665
| +692% | +$553M |
|
12
Brookfield
BN
$108B
| $676M | 1.77% |
30,104,879
+327,279
| +1% | +$6.94M |
|
|
13
State Street SPDR S&P 500 ETF Trust
SPY
$818B
| $672M | 1.76% |
1,516,535
+1,409,518
| +1,317% | +$592M |
|
14
Canadian Pacific Kansas City
CP
$79.3B
| $668M | 1.75% |
8,268,887
+184,653
| +2% | +$14.6M |
|
15
Canadian National Railway
CNI
$76.5B
| $666M | 1.75% |
5,503,740
-25,556
| -0.5% | -$3.03M |
|
16
BCE
BCE
$21.2B
| $663M | 1.74% |
14,536,809
+239,750
| +2% | +$11.2M |
|
17
Sun Life Financial
SLF
$45.6B
| $517M | 1.35% |
9,898,881
+1,406,171
| +17% | +$69.1M |
|
18
Suncor Energy
SU
$71.8B
| $509M | 1.33% |
17,359,785
+114,521
| +0.7% | +$3.42M |
|
19
Manulife Financial
MFC
$74B
| $499M | 1.31% |
26,424,327
+1,373,221
| +5% | +$26.2M |
|
20
Pembina Pipeline
PBA
$27.9B
| $447M | 1.17% |
14,220,322
+40,983
| +0.3% | +$1.31M |
|
21
Telus
TU
$15.5B
| $411M | 1.08% |
21,097,387
-797,285
| -4% | -$16.1M |
|
22
Nutrien
NTR
$31.9B
| $375M | 0.98% |
6,347,143
-155,238
| -2% | -$9.88M |
|
|
23
iShares MSCI ACWI ETF
ACWI
$33.3B
| $363M | 0.95% |
3,780,162
+3,776,803
| +112,438% | +$350M |
|
24
Amazon
AMZN
$2.94T
| $338M | 0.88% |
2,590,791
+882,023
| +52% | +$101M |
|
25
Broadcom
AVGO
$2T
| $322M | 0.84% |
3,710,720
+1,503,350
| +68% | +$107M |
|
Similar funds
NAMI
Bank of Nova Scotia's Q2 2023 Portfolio in Review
As of Q2 2023, Bank of Nova Scotia held 1,201 positions worth $38.2B, up 13% from $33.7B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Bank of Nova Scotia deployed $2.37B of net new capital in Q2 2023, opening 79 new positions and adding to 539 existing holdings. Its largest new stake was WisdomTree Japan Hedged Equity Fund: 496,600 shares worth $41.3M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 31% a quarter earlier, followed by Technology and Energy.
On the sell side, the largest reduction was Royal Bank of Canada, an estimated $283M trimmed.
- Bank of Nova Scotia's largest Q2 2023 buy was WisdomTree Japan Hedged Equity Fund: 496,600 shares worth $41.3M.
- Bank of Nova Scotia added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $592M increase.
- Bank of Nova Scotia's biggest Q2 2023 reduction was Royal Bank of Canada, cutting an estimated $283M.
- Bank of Nova Scotia fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $220M.
- Bank of Nova Scotia's ten largest holdings make up 36% of its $38.2B portfolio in Q2 2023.
- Bank of Nova Scotia opened 79 new positions and closed 184 in Q2 2023.
- Bank of Nova Scotia's portfolio value rose 13% quarter-over-quarter to $38.2B.
Based on Bank of Nova Scotia's 13F filing for Q2 2023, filed 3 Aug 2023.