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Toronto Dominion Bank

695 hedge funds and large institutions have $60B invested in Toronto Dominion Bank in 2023 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 240 increasing their positions, 231 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 240 | Existing positions reduced: 231

0.22% more ownership

Funds ownership: 52.53%52.75% (+0.22%)

3% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 79

3% less capital invested

Capital invested by funds: $62.2B → $60B (-$2.17B)

4% less call options, than puts

Call options by funds: $1.09B | Put options by funds: $1.14B

2% less funds holding

Funds holding: 710695 (-15)

4% less funds holding in top 10

Funds holding in top 10: 5351 (-2)

Holders
695
Holders Change
-15
Holders Change %
-2.11%
% of All Funds
11.08%
Holding in Top 10
51
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-3.77%
% of All Funds
0.81%
New
77
Increased
240
Reduced
231
Closed
79
Calls
$1.09B
Puts
$1.14B
Net Calls
-$46.7M
Net Calls Change
-$315M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$9.88B +$440M +6,815,273 +4%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$8.04B +$563M +8,707,052 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.17B +$43.7M +676,452 +1%
Bank of America
4
Bank of America
North Carolina
$2.28B +$701M +10,850,885 +40%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$2.21B +$99.2M +1,535,589 +4%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$2.19B +$25.8M +399,001 +1%
Bank of Nova Scotia
7
Bank of Nova Scotia
Ontario, Canada
$2.06B +$204M +3,160,250 +10%
Fidelity International
8
Fidelity International
Bermuda
$2B +$79M +1,221,884 +4%
National Bank of Canada
9
National Bank of Canada
Quebec, Canada
$1.84B +$258M +3,997,094 +15%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$1.77B +$41.7M +644,627 +2%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$1.46B +$30.6M +473,514 +2%
Norges Bank
12
Norges Bank
Norway
$1.35B -$23.8M -368,279 -2%
Capital World Investors
13
Capital World Investors
California
$1.09B -$156M -2,409,698 -12%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$1.03B +$22.8M +352,800 +2%
JP Morgan Chase
15
JP Morgan Chase
New York
$953M +$298M +4,604,833 +41%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$878M +$78.7M +1,217,916 +9%
BGC
17
Beutel, Goodman & Co
Ontario, Canada
$799M -$2.99M -46,266 -0.3%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$735M -$412M -6,377,532 -34%
TWC
19
TD Waterhouse Canada
Ontario, Canada
$713M +$19.7M +304,523 +4%
Canada Pension Plan Investment Board
20
Canada Pension Plan Investment Board
Ontario, Canada
$713M +$91.6M +1,417,723 +14%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$705M -$105M -1,630,427 -12%
SC
22
Scotia Capital
Ontario, Canada
$621M +$21.3M +329,225 +3%
Massachusetts Financial Services
23
Massachusetts Financial Services
Massachusetts
$617M +$73.4M +1,136,729 +12%
Legal & General Group
24
Legal & General Group
United Kingdom
$585M -$5.5M -85,057 -0.9%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
25
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$519M +$534M +8,265,737 +2,066%

TD Hedge Fund Activity: Q1 2023 in Review

695 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q1 2023, worth a combined $60B — down 3.5% from $62.2B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of TD and 77 opened new positions — a net loss of 2 holders — while 231 trimmed existing stakes and 240 added.

The largest buyer was Bank of America, adding an estimated $701M. The largest seller was Capital Research Global Investors, cutting an estimated $2.1B.

  • 695 institutional investors held Toronto Dominion Bank (TD) as of Q1 2023, down from 710 in Q4 2022.
  • Funds reported $60B of Toronto Dominion Bank stock for Q1 2023, down 3.5% quarter-over-quarter.
  • 77 funds opened new Toronto Dominion Bank positions in Q1 2023 and 79 closed out, a net change of -2 holders.
  • The largest Toronto Dominion Bank buyer in Q1 2023 was Bank of America, an estimated $701M added.
  • The largest Toronto Dominion Bank seller in Q1 2023 was Capital Research Global Investors, an estimated $2.1B sold.

Based on aggregated 13F filings for Q1 2023.