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Toronto Dominion Bank

572 hedge funds and large institutions have $37.8B invested in Toronto Dominion Bank in 2020 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 167 increasing their positions, 245 reducing their positions, and 103 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.03% less ownership

Funds ownership: 49.29%49.26% (-0.03%)

2% less funds holding in top 10

Funds holding in top 10: 5251 (-1)

10% less funds holding

Funds holding: 638572 (-66)

20% less call options, than puts

Call options by funds: $307M | Put options by funds: $385M

25% less capital invested

Capital invested by funds: $50.3B → $37.8B (-$12.5B)

32% less repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 245

52% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 103

Holders
572
Holders Change
-66
Holders Change %
-10.34%
% of All Funds
12.6%
Holding in Top 10
51
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-1.92%
% of All Funds
1.12%
New
49
Increased
167
Reduced
245
Closed
103
Calls
$307M
Puts
$385M
Net Calls
-$77.8M
Net Calls Change
-$171M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$6.28B +$135M +2,637,804 +2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.61B -$286M -5,574,497 -8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.41B +$178M +3,469,000 +6%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$2.04B +$503M +9,798,939 +25%
Fidelity International
5
Fidelity International
Bermuda
$1.85B +$567M +11,044,188 +34%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$1.37B +$16.7M +324,845 +1%
Bank of Nova Scotia
7
Bank of Nova Scotia
Ontario, Canada
$1.14B -$12.2M -236,895 -0.9%
BGC
8
Beutel, Goodman & Co
Ontario, Canada
$973M -$37.8M -736,358 -3%
CIBC Asset Management
9
CIBC Asset Management
Ontario, Canada
$969M +$54.2M +1,057,430 +5%
JFL
10
Jarislowsky, Fraser Ltd
Quebec, Canada
$909M -$2.41M -47,005 -0.2%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$907M -$103M -2,002,301 -9%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$883M +$106M +2,071,148 +11%
Canada Life
13
Canada Life
Manitoba, Canada
$825M +$134M +2,605,500 +16%
Norges Bank
14
Norges Bank
Norway
$806M -$4.97M -96,920 -0.5%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$756M +$89.4M +1,742,212 +11%
Capital Research Global Investors
16
Capital Research Global Investors
California
$720M +$32M +622,871 +4%
Caisse de Depot et Placement du Quebec (CDPQ)
17
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$639M -$75.9M -1,480,000 -9%
Bank of America
18
Bank of America
North Carolina
$607M -$27M -525,482 -4%
Capital World Investors
19
Capital World Investors
California
$601M +$1.7M +33,192 +0.2%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$489M +$225M +4,394,407 +62%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$446M -$123M -2,403,895 -19%
Deutsche Bank
22
Deutsche Bank
Germany
$399M -$42.6M -829,510 -8%
Toronto Dominion Bank
23
Toronto Dominion Bank
Ontario, Canada
$394M -$179M -3,487,563 -27%
SC
24
Scotia Capital
Ontario, Canada
$368M +$14.5M +282,564 +3%
JP Morgan Chase
25
JP Morgan Chase
New York
$368M +$17.9M +349,819 +4%

TD Hedge Fund Activity: Q1 2020 in Review

572 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q1 2020, worth a combined $37.8B — down 25% from $50.3B a quarter earlier.

Sellers outnumbered buyers: 103 funds closed out of TD and 49 opened new positions — a net loss of 54 holders — while 245 trimmed existing stakes and 167 added.

The largest buyer was Fidelity International, adding an estimated $567M. The largest seller was Bank of Montreal, cutting an estimated $286M.

  • 572 institutional investors held Toronto Dominion Bank (TD) as of Q1 2020, down from 638 in Q4 2019.
  • Funds reported $37.8B of Toronto Dominion Bank stock for Q1 2020, down 25% quarter-over-quarter.
  • 49 funds opened new Toronto Dominion Bank positions in Q1 2020 and 103 closed out, a net change of -54 holders.
  • The largest Toronto Dominion Bank buyer in Q1 2020 was Fidelity International, an estimated $567M added.
  • The largest Toronto Dominion Bank seller in Q1 2020 was Bank of Montreal, an estimated $286M sold.

Based on aggregated 13F filings for Q1 2020.