We are live on ! Find out more
Bank of Nova Scotia

Bank of Nova Scotia Portfolio holdings

AUM $57.2B
1-Year Est. Return 35.3%
This Fund
S&P 500
This Quarter Est. Return
+13.18%
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
$53.3B
AUM Growth
+$15.4B
Cap. Flow
+$9.82B
Cap. Flow %
18.41%
Top 10 Hldgs %
32.63%
Holding
1,115
New
118
Increased
533
Reduced
297
Closed
119

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$1.23B
2
MSFT icon
Microsoft
MSFT
+$909M
3
NVDA icon
NVIDIA
NVDA
+$721M
4
AVGO icon
Broadcom
AVGO
+$603M
5
IVV icon
iShares Core S&P 500 ETF
IVV
+$522M

Top Sells

Rank Stock Value
1
CNQ icon
Canadian Natural Resources
CNQ
+$250M
2
EMB icon
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
+$178M
3
ATVI
Activision Blizzard
ATVI
+$135M
4
CNI icon
Canadian National Railway
CNI
+$113M
5
FXI icon
iShares China Large-Cap ETF
FXI
+$101M

Sector Composition

Rank Sector Weight
1 Financials 24.91%
2 Technology 22.21%
3 Energy 10.32%
4 Communication Services 7.34%
5 Industrials 5.83%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RY icon
1
Royal Bank of Canada
RY
$293B
$2.83B 5.31%
28,024,917
+1,357,956
+5% +$120M
AAPL icon
2
Apple
AAPL
$4.57T
$2.5B 4.69%
12,985,867
+6,687,446
+106% +$1.23B
MSFT icon
3
Microsoft
MSFT
$3.71T
$2.19B 4.11%
5,834,429
+2,553,412
+78% +$909M
TD icon
4
Toronto Dominion Bank
TD
$200B
$2.15B 4.04%
33,335,463
+105,772
+0.3% +$6.34M
NVDA icon
5
NVIDIA
NVDA
$5.42T
$1.89B 3.54%
38,096,500
+15,556,480
+69% +$721M
BMO icon
6
Bank of Montreal
BMO
$127B
$1.38B 2.58%
13,927,691
-856,277
-6% -$71.5M
CM icon
7
Canadian Imperial Bank of Commerce
CM
$108B
$1.2B 2.25%
24,915,095
+1,872,709
+8% +$74.9M
TRP icon
8
TC Energy
TRP
$65.9B
$1.13B 2.12%
28,980,334
+3,497,666
+14% +$127M
ENB icon
9
Enbridge
ENB
$112B
$1.08B 2.02%
29,995,342
+1,910,302
+7% +$64.4M
AVGO icon
10
Broadcom
AVGO
$2.04T
$1.04B 1.96%
9,355,220
+6,367,280
+213% +$603M
SPY icon
11
State Street SPDR S&P 500 ETF Trust
SPY
$823B
$1.04B 1.95%
2,185,535
-148,284
-6% -$66.1M
CNQ icon
12
Canadian Natural Resources
CNQ
$93.8B
$844M 1.58%
25,764,904
-7,711,622
-23% -$250M
BN icon
13
Brookfield
BN
$108B
$703M 1.32%
26,288,634
-4,180,095
-14% -$94.9M
AMZN icon
14
Amazon
AMZN
$2.96T
$621M 1.16%
4,085,799
+1,367,006
+50% +$192M
GOOGL icon
15
Alphabet (Google) Class A
GOOGL
$4.33T
$617M 1.16%
4,419,709
+1,677,515
+61% +$225M
CP icon
16
Canadian Pacific Kansas City
CP
$80.5B
$593M 1.11%
7,492,118
-813,056
-10% -$59.5M
META icon
17
Meta Platforms (Facebook)
META
$1.51T
$585M 1.1%
1,651,386
+1,054,876
+177% +$344M
BCE icon
18
BCE
BCE
$21.2B
$577M 1.08%
14,643,014
-555,050
-4% -$21.5M
SHOP icon
19
Shopify
SHOP
$195B
$571M 1.07%
7,337,219
+2,196,956
+43% +$140M
IVV icon
20
iShares Core S&P 500 ETF
IVV
$902B
$570M 1.07%
1,193,203
+1,165,438
+4,198% +$522M
XLF icon
21
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
$566M 1.06%
15,055,102
-189,654
-1% -$6.57M
CNI icon
22
Canadian National Railway
CNI
$76.6B
$560M 1.05%
4,451,717
-1,000,985
-18% -$113M
SU icon
23
Suncor Energy
SU
$70.3B
$555M 1.04%
17,315,168
+356,567
+2% +$11.6M
JPM icon
24
JPMorgan Chase
JPM
$950B
$512M 0.96%
3,009,958
+2,330,360
+343% +$353M
PBA icon
25
Pembina Pipeline
PBA
$27.6B
$511M 0.96%
14,837,544
+171,960
+1% +$5.51M
1
2 3 4 5

Similar funds

CAPTRUST Financial Advisors
CAPTRUST Financial Advisors Raleigh, North Carolina $57.3B AUM 18.32% 1-Year Est. Return
Capstone Investment Advisors
Capstone Investment Advisors New York $57.4B AUM 26.91% 1-Year Est. Return
Cohen & Steers
Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return
Rockefeller Capital Management
Rockefeller Capital Management New York $56.4B AUM 24.96% 1-Year Est. Return
NAMI
Nomura Asset Management International Philadelphia, Pennsylvania $58.4B AUM
Canada Life
Canada Life Winnipeg, Manitoba, Canada $55.8B AUM 26.04% 1-Year Est. Return
Man Group
Man Group London, United Kingdom $55.1B AUM 24.23% 1-Year Est. Return
Alkeon Capital Management
Alkeon Capital Management New York $59.5B AUM 51.63% 1-Year Est. Return

Bank of Nova Scotia's Q4 2023 Portfolio in Review

As of Q4 2023, Bank of Nova Scotia held 1,115 positions worth $53.3B, up 41% from $37.9B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Bank of Nova Scotia deployed $9.82B of net new capital in Q4 2023, opening 118 new positions and adding to 533 existing holdings. Its largest new stake was iShares MSCI Mexico ETF: 1,518,800 shares worth $103M.

By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 26% a quarter earlier, followed by Technology and Energy.

On the sell side, the largest reduction was Canadian Natural Resources, an estimated $250M trimmed.

  • Bank of Nova Scotia's largest Q4 2023 buy was iShares MSCI Mexico ETF: 1,518,800 shares worth $103M.
  • Bank of Nova Scotia added most to Apple in Q4 2023, an estimated $1.23B increase.
  • Bank of Nova Scotia's biggest Q4 2023 reduction was Canadian Natural Resources, cutting an estimated $250M.
  • Bank of Nova Scotia fully exited iShares JPMorgan USD Emerging Markets Bond ETF in Q4 2023, selling an estimated $178M.
  • Bank of Nova Scotia's ten largest holdings make up 33% of its $53.3B portfolio in Q4 2023.
  • Bank of Nova Scotia opened 118 new positions and closed 119 in Q4 2023.
  • Bank of Nova Scotia's portfolio value rose 41% quarter-over-quarter to $53.3B.

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