TD Asset Management Portfolio holdings
TD Asset Management is the Canadian investment manager inside TD Bank Group, running mutual funds, ETFs and custom portfolios for institutions and individual investors. Its investment work began in 1987 as a division of Toronto Dominion Securities, and the company itself was formally created in 1993. The investment team had set up an institutional indexing group by 1990, and the 1993 launch came with a merger with Lancaster Investment Counsel, which gave the company its first actively managed stock strategies. It was already part of TD Bank Group when the bank bought Epoch Investment Partners in 2013, and in 2018 it acquired Greystone Capital Management to add real estate, infrastructure and commercial mortgage investments, the two companies merging in 2019. Its institutional clients include pension plans, endowments, foundations, corporations and insurance companies, and its ETF range covers both index-tracking and actively managed funds. Since April 2023, TD Global Investment Solutions has been the trade name for TD Bank Group's institutional asset managers, a group that includes TD Asset Management and TD Epoch, the renamed Epoch Investment Partners.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of New York Mellon
BNY
|
+$219M |
| 2 |
CSX Corp
CSX
|
+$137M |
| 3 |
Seagate
STX
|
+$127M |
| 4 |
Micron Technology
MU
|
+$101M |
| 5 |
Interactive Brokers
IBKR
|
+$98.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$1.38B |
| 2 |
Toronto Dominion Bank
TD
|
+$1.33B |
| 3 |
Apple
AAPL
|
+$945M |
| 4 |
Microsoft
MSFT
|
+$812M |
| 5 |
NVIDIA
NVDA
|
+$766M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.55% |
| 2 | Financials | 22.29% |
| 3 | Industrials | 10.11% |
| 4 | Healthcare | 8.22% |
| 5 | Energy | 7.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
NVIDIA
NVDA
$4.99T
| $5.07B | 4.4% |
25,361,797
-3,726,801
| -13% | -$766M |
2013 Q2
52 quarters
|
|
|
2
Royal Bank of Canada
RY
$282B
| $4.75B | 4.12% |
22,965,684
-7,455,427
| -25% | -$1.38B |
2013 Q2
52 quarters
|
|
|
3
Apple
AAPL
$4.84T
| $3.78B | 3.28% |
13,070,012
-3,305,202
| -20% | -$945M |
2013 Q2
52 quarters
|
|
|
4
Toronto Dominion Bank
TD
$204B
| $3.1B | 2.69% |
25,526,617
-12,128,033
| -32% | -$1.33B |
2013 Q2
52 quarters
|
|
5
Bank of Montreal
BMO
$119B
| $2.69B | 2.33% |
15,233,725
-3,852,876
| -20% | -$606M |
2013 Q2
52 quarters
|
|
|
6
Microsoft
MSFT
$3.87T
| $2.52B | 2.18% |
6,747,748
-2,007,411
| -23% | -$812M |
2013 Q2
52 quarters
|
|
7
Alphabet (Google) Class A
GOOGL
$3.44T
| $2.46B | 2.13% |
6,878,557
-771,564
| -10% | -$278M |
2015 Q4
42 quarters
|
|
8
Canadian Imperial Bank of Commerce
CM
$106B
| $2.29B | 1.99% |
19,907,518
-2,710,051
| -12% | -$297M |
2013 Q2
52 quarters
|
|
9
Broadcom
AVGO
$1.59T
| $2.12B | 1.83% |
5,601,668
-985,582
| -15% | -$395M |
2014 Q1
49 quarters
|
|
10
State Street SPDR S&P 500 ETF Trust
SPY
$798B
| $1.85B | 1.6% |
2,473,419
-375,323
| -13% | -$272M |
2013 Q2
52 quarters
|
|
11
Enbridge
ENB
$109B
| $1.7B | 1.47% |
31,276,338
-8,400,831
| -21% | -$461M |
2013 Q2
52 quarters
|
|
12
Amazon
AMZN
$2.71T
| $1.6B | 1.39% |
6,720,712
-1,075,555
| -14% | -$270M |
2013 Q2
52 quarters
|
|
13
Manulife Financial
MFC
$74.1B
| $1.27B | 1.1% |
31,322,803
-9,423,499
| -23% | -$365M |
2013 Q2
52 quarters
|
|
14
Canadian Pacific Kansas City
CP
$79.3B
| $1.26B | 1.1% |
14,588,459
-4,241,354
| -23% | -$363M |
2023 Q2
12 quarters
|
|
15
Johnson & Johnson
JNJ
$641B
| $1.24B | 1.08% |
4,891,125
+325,627
| +7% | +$75.9M |
2013 Q2
52 quarters
|
|
16
Alphabet (Google) Class C
GOOG
$3.42T
| $1.24B | 1.07% |
3,501,281
-877,757
| -20% | -$314M |
2013 Q2
52 quarters
|
|
17
Canadian Natural Resources
CNQ
$110B
| $1.23B | 1.07% |
31,168,077
-8,772,820
| -22% | -$399M |
2013 Q2
52 quarters
|
|
18
Scotiabank
BNS
$114B
| $1.22B | 1.06% |
14,090,469
-5,091,494
| -27% | -$401M |
2013 Q2
52 quarters
|
|
19
Brookfield
BN
$90.7B
| $1.22B | 1.06% |
28,551,753
-7,656,699
| -21% | -$342M |
2013 Q2
52 quarters
|
|
20
Eli Lilly
LLY
$1.26T
| $1.2B | 1.04% |
1,003,469
-186,642
| -16% | -$191M |
2013 Q2
52 quarters
|
|
21
Canadian National Railway
CNI
$75.7B
| $1.18B | 1.02% |
9,907,691
-2,223,622
| -18% | -$253M |
2013 Q2
52 quarters
|
|
22
Lam Research
LRCX
$289B
| $1.18B | 1.02% |
2,721,682
-335,192
| -11% | -$102M |
2024 Q4
6 quarters
|
|
23
JPMorgan Chase
JPM
$898B
| $1.15B | 1% |
3,520,281
-856,444
| -20% | -$266M |
2013 Q2
52 quarters
|
|
24
Meta Platforms (Facebook)
META
$1.62T
| $1.11B | 0.97% |
1,979,128
-514,243
| -21% | -$314M |
2013 Q2
52 quarters
|
|
25
TC Energy
TRP
$66.1B
| $1.07B | 0.93% |
16,134,910
-5,547,203
| -26% | -$367M |
2019 Q3
27 quarters
|
|
Similar funds
TD Asset Management's Q2 2026 Portfolio in Review
As of Q2 2026, TD Asset Management held 1,342 positions worth $115B, down 6.3% from $123B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
TD Asset Management withdrew a net $21.7B in Q2 2026, closing 126 positions and reducing 707 holdings. Its most notable exit was Vanguard FTSE Developed Markets ETF, an estimated $88.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 21% a quarter earlier, followed by Financials and Industrials.
Against the trend, TD Asset Management opened a new position in SpaceX worth $80.5M.
- TD Asset Management's largest Q2 2026 buy was SpaceX: 470,977 shares worth $80.5M.
- TD Asset Management added most to Bank of New York Mellon in Q2 2026, an estimated $219M increase.
- TD Asset Management's biggest Q2 2026 reduction was Royal Bank of Canada, cutting an estimated $1.38B.
- TD Asset Management fully exited Vanguard FTSE Developed Markets ETF in Q2 2026, selling an estimated $88.5M.
- TD Asset Management's ten largest holdings make up 27% of its $115B portfolio in Q2 2026.
- TD Asset Management opened 112 new positions and closed 126 in Q2 2026.
- TD Asset Management's portfolio value fell 6.3% quarter-over-quarter to $115B.
Based on TD Asset Management's 13F filing for Q2 2026, filed 4 Aug 2026.