Toronto Dominion Bank
398 hedge funds and large institutions have $44.1B invested in Toronto Dominion Bank in 2013 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 128 increasing their positions, 149 reducing their positions, and 28 closing their positions.
71% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 28
4% more funds holding
Funds holding: 382 → 398 (+16)
2% less capital invested
Capital invested by funds: $44.8B → $44.1B (-$693M)
1.49% less ownership
Funds ownership: 108.17% → 106.68% (-1.5%)
10% less funds holding in top 10
Funds holding in top 10: 49 → 44 (-5)
14% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 149
31% less call options, than puts
Call options by funds: $222M | Put options by funds: $322M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$119M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$80.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$55.6M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$37.9M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$35.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$156M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$99.5M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$80.9M |
| 4 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$77.5M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$62.7M |
TD Hedge Fund Activity: Q4 2013 in Review
398 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q4 2013, worth a combined $44.1B — down 1.5% from $44.8B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new TD positions and 28 closed out — a net gain of 20 holders — while 128 added to existing stakes and 149 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $119M. The largest seller was ING Group, exiting entirely with an estimated $156M sold.
- 398 institutional investors held Toronto Dominion Bank (TD) as of Q4 2013, up from 382 in Q3 2013.
- Funds reported $44.1B of Toronto Dominion Bank stock for Q4 2013, down 1.5% quarter-over-quarter.
- 48 funds opened new Toronto Dominion Bank positions in Q4 2013 and 28 closed out, a net change of +20 holders.
- The largest Toronto Dominion Bank buyer in Q4 2013 was Credit Suisse, an estimated $119M added.
- The largest Toronto Dominion Bank seller in Q4 2013 was ING Group, an estimated $156M sold.
Based on aggregated 13F filings for Q4 2013.