Toronto Dominion Bank
636 hedge funds and large institutions have $54.5B invested in Toronto Dominion Bank in 2025 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 209 increasing their positions, 228 reducing their positions, and 60 closing their positions.
19% more capital invested
Capital invested by funds: $45.9B → $54.5B (+$8.56B)
17% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 60
3% more funds holding in top 10
Funds holding in top 10: 38 → 39 (+1)
2.62% more ownership
Funds ownership: 49.13% → 51.74% (+2.6%)
7% more call options, than puts
Call options by funds: $934M | Put options by funds: $874M
1% less funds holding
Funds holding: 640 → 636 (-4)
8% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 228
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$796M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$620M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$508M |
| 4 |
Goldman Sachs
New York
|
+$347M |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$283M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$529M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$181M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$129M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$93.8M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$86.4M |
TD Hedge Fund Activity: Q1 2025 in Review
636 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q1 2025, worth a combined $54.5B — up 19% from $45.9B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new TD positions and 60 closed out — a net gain of 10 holders — while 209 added to existing stakes and 228 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $796M. The largest seller was Bank of Nova Scotia, cutting an estimated $529M.
- 636 institutional investors held Toronto Dominion Bank (TD) as of Q1 2025, down from 640 in Q4 2024.
- Funds reported $54.5B of Toronto Dominion Bank stock for Q1 2025, up 19% quarter-over-quarter.
- 70 funds opened new Toronto Dominion Bank positions in Q1 2025 and 60 closed out, a net change of +10 holders.
- The largest Toronto Dominion Bank buyer in Q1 2025 was Royal Bank of Canada, an estimated $796M added.
- The largest Toronto Dominion Bank seller in Q1 2025 was Bank of Nova Scotia, an estimated $529M sold.
Based on aggregated 13F filings for Q1 2025.