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Toronto Dominion Bank

701 hedge funds and large institutions have $60.2B invested in Toronto Dominion Bank in 2023 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 182 increasing their positions, 282 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 42

46% more call options, than puts

Call options by funds: $1.09B | Put options by funds: $744M

8% more funds holding

Funds holding: 648701 (+53)

3% more capital invested

Capital invested by funds: $58.5B → $60.2B (+$1.67B)

0.91% less ownership

Funds ownership: 52.65%51.75% (-0.91%)

6% less funds holding in top 10

Funds holding in top 10: 5047 (-3)

35% less repeat investments, than reductions

Existing positions increased: 182 | Existing positions reduced: 282

Holders
701
Holders Change
+53
Holders Change %
+8.18%
% of All Funds
10.22%
Holding in Top 10
47
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-6%
% of All Funds
0.69%
New
101
Increased
182
Reduced
282
Closed
42
Calls
$1.09B
Puts
$744M
Net Calls
+$342M
Net Calls Change
+$237M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$9.78B -$494M -8,233,774 -5%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$6.95B -$313M -5,217,867 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.77B +$85.5M +1,426,362 +2%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$3.02B +$625M +10,415,591 +29%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$2.96B +$347M +5,786,079 +14%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$2.15B +$6.34M +105,772 +0.3%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$1.8B -$27.1M -452,521 -2%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$1.79B -$647M -10,788,834 -28%
Fidelity International
9
Fidelity International
Bermuda
$1.69B -$541M -9,025,594 -26%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$1.59B +$8.96M +149,407 +0.6%
Norges Bank
11
Norges Bank
Norway
$1.48B -$5.73M -95,484 -0.4%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$1.1B -$57M -950,911 -5%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.07B -$37.3M -621,594 -4%
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$948M -$281K -4,694 -0%
Morgan Stanley
15
Morgan Stanley
New York
$854M +$487M +8,117,969 +159%
TWC
16
TD Waterhouse Canada
Ontario, Canada
$833M +$17.6M +293,344 +3%
JP Morgan Chase
17
JP Morgan Chase
New York
$790M -$123M -2,051,953 -14%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$756M +$4.59M +76,595 +0.7%
Bank of America
19
Bank of America
North Carolina
$740M -$821M -13,690,941 -54%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$729M +$6.35M +105,861 +0.9%
SC
21
Scotia Capital
Ontario, Canada
$716M +$5.63M +93,854 +0.9%
Legal & General Group
22
Legal & General Group
United Kingdom
$673M -$8.22M -137,151 -1%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$596M -$3.45M -57,513 -0.6%
Toronto Dominion Bank
24
Toronto Dominion Bank
Ontario, Canada
$516M -$7.27M -121,261 -1%
Deutsche Bank
25
Deutsche Bank
Germany
$481M -$9.13M -152,268 -2%

TD Hedge Fund Activity: Q4 2023 in Review

701 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q4 2023, worth a combined $60.2B — up 2.8% from $58.5B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new TD positions and 42 closed out — a net gain of 59 holders — while 182 added to existing stakes and 282 trimmed.

The largest buyer was TD Asset Management, adding an estimated $625M. The largest seller was Bank of America, cutting an estimated $821M.

  • 701 institutional investors held Toronto Dominion Bank (TD) as of Q4 2023, up from 648 in Q3 2023.
  • Funds reported $60.2B of Toronto Dominion Bank stock for Q4 2023, up 2.8% quarter-over-quarter.
  • 101 funds opened new Toronto Dominion Bank positions in Q4 2023 and 42 closed out, a net change of +59 holders.
  • The largest Toronto Dominion Bank buyer in Q4 2023 was TD Asset Management, an estimated $625M added.
  • The largest Toronto Dominion Bank seller in Q4 2023 was Bank of America, an estimated $821M sold.

Based on aggregated 13F filings for Q4 2023.