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Toronto Dominion Bank

648 hedge funds and large institutions have $58.5B invested in Toronto Dominion Bank in 2023 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 219 increasing their positions, 233 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more call options, than puts

Call options by funds: $1.11B | Put options by funds: $1.01B

4% less capital invested

Capital invested by funds: $61.3B → $58.5B (-$2.75B)

6% less repeat investments, than reductions

Existing positions increased: 219 | Existing positions reduced: 233

1.1% less ownership

Funds ownership: 53.76%52.65% (-1.1%)

6% less funds holding

Funds holding: 686648 (-38)

6% less funds holding in top 10

Funds holding in top 10: 5350 (-3)

35% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 65

Holders
648
Holders Change
-38
Holders Change %
-5.54%
% of All Funds
10.28%
Holding in Top 10
50
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-5.66%
% of All Funds
0.79%
New
42
Increased
219
Reduced
233
Closed
65
Calls
$1.11B
Puts
$1.01B
Net Calls
+$105M
Net Calls Change
+$29.5M
Name Holding Trade Value Shares
Change
Change in
Stake
CQS
51
Credential Qtrade Securities
$124M +$899K +14,425 +0.7%
IIM
52
Intact Investment Management
Quebec, Canada
$121M -$14.3M -229,990 -10%
CF
53
Canoe Financial
Alberta, Canada
$121M +$9.75M +156,427 +8%
AM
54
AGF Management
Ontario, Canada
$119M -$110M -1,767,118 -47%
JFL
55
Jarislowsky, Fraser Ltd
Quebec, Canada
$117M -$2.51M -40,202 -2%
Dimensional Fund Advisors
56
Dimensional Fund Advisors
Texas
$115M +$3.63M +58,146 +3%
Caisse de Depot et Placement du Quebec (CDPQ)
57
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$115M -$8.3M -133,184 -7%
CAM
58
Cidel Asset Management
Ontario, Canada
$113M -$2.41M -38,603 -2%
CCMIC
59
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$111M +$1.32M +21,207 +1%
MBI
60
Montrusco Bolton Investments
Quebec, Canada
$106M -$30.2M -484,231 -22%
HSBC Holdings
61
HSBC Holdings
United Kingdom
$104M -$3.42M -54,859 -3%
Korea Investment Corp
62
Korea Investment Corp
South Korea
$92.7M -$12.4M -199,309 -12%
GCC
63
Guardian Capital (Canada)
Ontario, Canada
$92.4M -$13.3M -213,279 -12%
Canada Life
64
Canada Life
Manitoba, Canada
$87.4M -$1.01M -16,208 -1%
MSE
65
MUFG Securities EMEA
United Kingdom
$81.8M -$74M -1,187,253 -54%
Russell Investments Group
66
Russell Investments Group
United Kingdom
$80.9M -$8.35M -133,882 -9%
LM
67
Lincluden Management
Ontario, Canada
$78.4M -$1.69M -27,046 -2%
BlackRock
68
BlackRock
New York
$71.2M +$16.4M +263,625 +29%
VPI
69
Value Partners Investments
Manitoba, Canada
$69.9M -$890K -14,269 -1%
DMIC
70
Dixon Mitchell Investment Counsel
British Columbia, Canada
$69.7M -$601K -9,638 -0.8%
First Trust Advisors
71
First Trust Advisors
Illinois
$67.6M -$4.03M -64,633 -5%
State of Tennessee, Department of Treasury
72
State of Tennessee, Department of Treasury
Tennessee
$63.5M
TPM
73
Triasima Portfolio Management
Quebec, Canada
$63M +$27.8M +446,420 +75%
Neuberger Berman Group
74
Neuberger Berman Group
New York
$60.8M -$11M -177,006 -15%
State of Wisconsin Investment Board
75
State of Wisconsin Investment Board
Wisconsin
$59.7M +$2.63M +42,200 +4%

TD Hedge Fund Activity: Q3 2023 in Review

648 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q3 2023, worth a combined $58.5B — down 4.5% from $61.3B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of TD and 42 opened new positions — a net loss of 23 holders — while 233 trimmed existing stakes and 219 added.

The largest buyer was Bank of Montreal, adding an estimated $601M. The largest seller was Bank of America, cutting an estimated $853M.

  • 648 institutional investors held Toronto Dominion Bank (TD) as of Q3 2023, down from 686 in Q2 2023.
  • Funds reported $58.5B of Toronto Dominion Bank stock for Q3 2023, down 4.5% quarter-over-quarter.
  • 42 funds opened new Toronto Dominion Bank positions in Q3 2023 and 65 closed out, a net change of -23 holders.
  • The largest Toronto Dominion Bank buyer in Q3 2023 was Bank of Montreal, an estimated $601M added.
  • The largest Toronto Dominion Bank seller in Q3 2023 was Bank of America, an estimated $853M sold.

Based on aggregated 13F filings for Q3 2023.