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Toronto Dominion Bank

604 hedge funds and large institutions have $52B invested in Toronto Dominion Bank in 2019 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 192 increasing their positions, 217 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more call options, than puts

Call options by funds: $490M | Put options by funds: $260M

21% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 48

2% more funds holding in top 10

Funds holding in top 10: 5354 (+1)

1% more funds holding

Funds holding: 597604 (+7)

0.77% less ownership

Funds ownership: 49.6%48.83% (-0.77%)

1% less capital invested

Capital invested by funds: $52.6B → $52B (-$592M)

12% less repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 217

Holders
604
Holders Change
+7
Holders Change %
+1.17%
% of All Funds
13.25%
Holding in Top 10
54
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+1.89%
% of All Funds
1.18%
New
58
Increased
192
Reduced
217
Closed
48
Calls
$490M
Puts
$260M
Net Calls
+$230M
Net Calls Change
+$190M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$8.31B -$293M -5,159,061 -3%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$4.12B +$441M +7,756,186 +12%
Vanguard Group
3
Vanguard Group
Pennsylvania
$3.11B +$53.1M +934,125 +2%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$2.27B -$562M -9,883,233 -20%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$1.87B +$12M +210,800 +0.7%
Fidelity International
6
Fidelity International
Bermuda
$1.72B +$52.9M +930,748 +3%
BGC
7
Beutel, Goodman & Co
Ontario, Canada
$1.38B +$56M +985,612 +4%
Mackenzie Financial
8
Mackenzie Financial
Ontario, Canada
$1.37B +$6.47M +113,729 +0.5%
CIBC Asset Management
9
CIBC Asset Management
Ontario, Canada
$1.3B +$4.65M +81,769 +0.4%
Bank of Nova Scotia
10
Bank of Nova Scotia
Ontario, Canada
$1.28B +$406M +7,133,809 +48%
JFL
11
Jarislowsky, Fraser Ltd
Quebec, Canada
$1.25B +$78.8M +1,386,295 +7%
Norges Bank
12
Norges Bank
Norway
$1.12B -$2.98M -52,459 -0.3%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$1.11B +$10.4M +183,334 +1%
Canada Life
14
Canada Life
Manitoba, Canada
$999M +$3.05M +53,722 +0.3%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$973M
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$922M +$230M +4,050,485 +34%
Bank of America
17
Bank of America
North Carolina
$902M -$344M -6,054,454 -28%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$859M -$105M -1,844,421 -11%
Capital World Investors
19
Capital World Investors
California
$779M -$45.1M -793,196 -6%
Toronto Dominion Bank
20
Toronto Dominion Bank
Ontario, Canada
$738M -$499M -8,773,580 -41%
Capital Research Global Investors
21
Capital Research Global Investors
California
$693M +$143K +2,517 +0%
Deutsche Bank
22
Deutsche Bank
Germany
$555M +$91.5M +1,609,039 +20%
Fiera Capital (Canada)
23
Fiera Capital (Canada)
Quebec, Canada
$492M -$4.9M -86,263 -1%
Acadian Asset Management
24
Acadian Asset Management
Massachusetts
$490M -$95.6M -1,681,910 -17%
SC
25
Scotia Capital
Ontario, Canada
$490M +$5.56M +97,835 +1%

TD Hedge Fund Activity: Q3 2019 in Review

604 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q3 2019, worth a combined $52B — down 1.1% from $52.6B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new TD positions and 48 closed out — a net gain of 10 holders — while 192 added to existing stakes and 217 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $441M. The largest seller was TD Asset Management, cutting an estimated $562M.

  • 604 institutional investors held Toronto Dominion Bank (TD) as of Q3 2019, up from 597 in Q2 2019.
  • Funds reported $52B of Toronto Dominion Bank stock for Q3 2019, down 1.1% quarter-over-quarter.
  • 58 funds opened new Toronto Dominion Bank positions in Q3 2019 and 48 closed out, a net change of +10 holders.
  • The largest Toronto Dominion Bank buyer in Q3 2019 was Bank of Montreal, an estimated $441M added.
  • The largest Toronto Dominion Bank seller in Q3 2019 was TD Asset Management, an estimated $562M sold.

Based on aggregated 13F filings for Q3 2019.