Toronto Dominion Bank
709 hedge funds and large institutions have $67B invested in Toronto Dominion Bank in 2025 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 238 increasing their positions, 225 reducing their positions, and 46 closing their positions.
80% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 46
11% more funds holding in top 10
Funds holding in top 10: 45 → 50 (+5)
4% more funds holding
Funds holding: 682 → 709 (+27)
6% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 225
2% more capital invested
Capital invested by funds: $65.6B → $67B (+$1.36B)
2.63% less ownership
Funds ownership: 51.79% → 49.17% (-2.6%)
21% less call options, than puts
Call options by funds: $1.04B | Put options by funds: $1.32B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$249M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$181M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$175M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$146M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$653M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$513M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$443M |
| 4 |
JP Morgan Chase
New York
|
-$339M |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$318M |
TD Hedge Fund Activity: Q3 2025 in Review
709 of the 7,639 institutional investors tracked by Wall St. Rank reported a position in Toronto Dominion Bank (TD) for Q3 2025, worth a combined $67B — up 2.1% from $65.6B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new TD positions and 46 closed out — a net gain of 37 holders — while 238 added to existing stakes and 225 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $249M. The largest seller was Goldman Sachs, cutting an estimated $653M.
- 709 institutional investors held Toronto Dominion Bank (TD) as of Q3 2025, up from 682 in Q2 2025.
- Funds reported $67B of Toronto Dominion Bank stock for Q3 2025, up 2.1% quarter-over-quarter.
- 83 funds opened new Toronto Dominion Bank positions in Q3 2025 and 46 closed out, a net change of +37 holders.
- The largest Toronto Dominion Bank buyer in Q3 2025 was Acadian Asset Management, an estimated $249M added.
- The largest Toronto Dominion Bank seller in Q3 2025 was Goldman Sachs, an estimated $653M sold.
Based on aggregated 13F filings for Q3 2025.