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Toronto Dominion Bank

437 hedge funds and large institutions have $39.7B invested in Toronto Dominion Bank in 2015 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 161 increasing their positions, 160 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $148M | Put options by funds: $69M

4% more funds holding in top 10

Funds holding in top 10: 4648 (+2)

1.17% more ownership

Funds ownership: 53.76%54.93% (+1.2%)

1% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 160

5% less capital invested

Capital invested by funds: $41.8B → $39.7B (-$2.08B)

3% less funds holding

Funds holding: 449437 (-12)

16% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 45

Holders
437
Holders Change
-12
Holders Change %
-2.67%
% of All Funds
12.2%
Holding in Top 10
48
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+4.35%
% of All Funds
1.34%
New
38
Increased
161
Reduced
160
Closed
45
Calls
$148M
Puts
$69M
Net Calls
+$79M
Net Calls Change
+$3.47M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$6.62B +$192M +4,814,489 +3%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$3.1B -$38.4M -965,444 -1%
CIBC World Market
3
CIBC World Market
Ontario, Canada
$2.96B +$2.55M +64,059 +0.1%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$2.15B +$1.3M +32,656 +0.1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$2.09B +$12.3M +307,919 +0.6%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$2.03B -$94.8M -2,381,710 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.35B +$64M +1,608,018 +5%
IGIM
8
I.G. Investment Management
Manitoba, Canada
$1.2B +$65.1M +1,633,913 +6%
JFL
9
Jarislowsky, Fraser Ltd
Quebec, Canada
$1.03B -$6.75M -169,606 -0.6%
BGC
10
Beutel, Goodman & Co
Ontario, Canada
$1.02B +$58.8M +1,476,304 +6%
Vanguard Group
11
Vanguard Group
Pennsylvania
$960M +$111M +2,775,599 +13%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$910M +$3.19M +80,060 +0.3%
Canada Life
13
Canada Life
Manitoba, Canada
$791M -$12.4M -311,542 -2%
Connor, Clark & Lunn Investment Management (CC&L)
14
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$702M +$126M +3,155,129 +21%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$655M -$32.1M -805,146 -5%
Franklin Resources
16
Franklin Resources
California
$638M +$83M +2,083,677 +15%
Norges Bank
17
Norges Bank
Norway
$608M +$16M +400,701 +3%
Bank of America
18
Bank of America
North Carolina
$480M +$221M +5,542,646 +83%
GCC
19
Guardian Capital (Canada)
Ontario, Canada
$449M -$1.18M -29,572 -0.3%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$430M +$16.4M +410,967 +4%
Schroder Investment Management Group
21
Schroder Investment Management Group
United Kingdom
$426M +$28.8M +722,334 +10%
Mackenzie Financial
22
Mackenzie Financial
Ontario, Canada
$420M -$9.3M -233,584 -2%
Toronto Dominion Bank
23
Toronto Dominion Bank
Ontario, Canada
$397M -$6.1M -153,256 -1%
UBS Group
24
UBS Group
Switzerland
$327M +$2.27M +56,995 +0.7%
Capital World Investors
25
Capital World Investors
California
$314M +$153M +3,835,000 +93%

TD Hedge Fund Activity: Q3 2015 in Review

437 of the 3,581 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q3 2015, worth a combined $39.7B — down 5% from $41.8B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of TD and 38 opened new positions — a net loss of 7 holders — while 160 trimmed existing stakes and 161 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $330M. The largest seller was William Blair & Company, cutting an estimated $123M.

  • 437 institutional investors held Toronto Dominion Bank (TD) as of Q3 2015, down from 449 in Q2 2015.
  • Funds reported $39.7B of Toronto Dominion Bank stock for Q3 2015, down 5% quarter-over-quarter.
  • 38 funds opened new Toronto Dominion Bank positions in Q3 2015 and 45 closed out, a net change of -7 holders.
  • The largest Toronto Dominion Bank buyer in Q3 2015 was Manulife (Manufacturers Life Insurance), an estimated $330M added.
  • The largest Toronto Dominion Bank seller in Q3 2015 was William Blair & Company, an estimated $123M sold.

Based on aggregated 13F filings for Q3 2015.