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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
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$9.62B -$494M -7,919,701 -5%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$6.99B +$601M +9,636,120 +9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.36B +$81.3M +1,303,730 +2%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$2.41B +$77.2M +1,237,502 +3%
National Bank of Canada
5
National Bank of Canada
Quebec, Canada
$2.28B +$416M +6,665,503 +21%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$2.18B -$65.6M -1,052,669 -3%
Fidelity International
7
Fidelity International
Bermuda
$2.12B -$17.5M -281,097 -0.8%
Bank of Nova Scotia
8
Bank of Nova Scotia
Ontario, Canada
$2.03B -$220M -3,527,933 -10%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$1.64B -$104M -1,668,961 -6%
Bank of America
10
Bank of America
North Carolina
$1.51B -$853M -13,679,082 -35%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$1.47B -$8.47M -135,805 -0.6%
Norges Bank
12
Norges Bank
Norway
$1.38B -$32.5M -520,756 -2%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$1.08B +$4.75M +76,129 +0.4%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.04B +$179M +2,870,662 +20%
BGC
15
Beutel, Goodman & Co
Ontario, Canada
$884M +$7.6M +121,920 +0.8%
JP Morgan Chase
16
JP Morgan Chase
New York
$860M -$195M -3,128,621 -18%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
17
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$794M +$188M +3,020,593 +30%
TWC
18
TD Waterhouse Canada
Ontario, Canada
$756M +$19.7M +316,678 +3%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$700M -$44.9M -719,587 -6%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$673M +$21.4M +342,932 +3%
SC
21
Scotia Capital
Ontario, Canada
$662M +$840K +13,470 +0.1%
Legal & General Group
22
Legal & General Group
United Kingdom
$635M +$30.8M +493,235 +5%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$559M -$135M -2,158,409 -19%
Canada Pension Plan Investment Board
24
Canada Pension Plan Investment Board
Ontario, Canada
$545M +$152M +2,431,743 +37%
Capital World Investors
25
Capital World Investors
California
$498M -$198M -3,174,442 -28%

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.