Bank of Nova Scotia Trust Co.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), Bank of Nova Scotia Trust Co. reported 173 stock positions worth $1.2 billion. Its top holding was Royal Bank of Canada (RY) at 9.7% of the portfolio, followed by Toronto-Dominion Bank (TD, 7.2%) and Bank of Montreal (BMO, 6.5%). Compared with Q1 2026, it opened 14 new positions, sold out of 3, added to 64 and reduced 79. The biggest buy was Bank of Nova Scotia (BNS, shares +1%) and the biggest sale Canadian Natural Resources (CNQ, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001335382
- Portfolio Value
- $1.2B (Q2 2026)
- SEC Filing
- 0001335382-26-000003 ↗ filed Aug 11, 2026
Holdings Value
Holdings 173 stocks · $1.2B
| RY Royal Bank of Canada | 9.75% | 568,025 | $117.6M | Reduce -7.4% |
| TD Toronto-Dominion Bank | 7.24% | 719,332 | $87.3M | Reduce -3.6% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 6.54% | 446,227 | $78.8M | Reduce -10.0% |
| TRP TC Energy Corp. | 4.51% | 819,804 | $54.3M | Reduce -6.6% |
| ENB Enbridge Inc. | 4.11% | 914,292 | $49.6M | Reduce -7.3% |
| CNQ Canadian Natural Resources | 3.10% | 947,522 | $37.4M | Reduce -2.4% |
| CNI Canadian Natl Railway Co. | 2.84% | 287,270 | $34.3M | Reduce -3.1% |
| MSFT Microsoft Corp. | 2.63% | 84,981 | $31.7M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 2.60% | 87,844 | $31.4M | Reduce -5.8% |
| MFC Manulife Financial Corp. | 2.54% | 755,004 | $30.6M | Reduce -7.6% |
| BN Brookfield Corp. | 2.32% | 656,056 | $27.9M | Reduce -0.8% |
| SLF Sun Life Financial Inc. | 2.21% | 339,460 | $26.6M | Reduce -4.0% |
| CP Canadian Pacific Kansas City | 2.17% | 301,996 | $26.2M | Add +0.9% |
| PBA Pembina Pipeline Corp. | 1.91% | 498,501 | $23.1M | Reduce -6.1% |
| TU Telus Corp. | 1.84% | 2,105,079 | $22.3M | Reduce -10.9% |
| FTS Fortis Inc. | 1.83% | 385,419 | $22.1M | Reduce -3.6% |
| QSR Restaurant Brands Intern | 1.78% | 295,613 | $21.4M | Reduce -10.0% |
| JNJ Johnson & Johnson | 1.71% | 81,209 | $20.6M | Reduce -5.1% |
| AAPL Apple Inc. | 1.71% | 71,257 | $20.6M | Add +0.6% |
| WCN Waste Connections Inc. | 1.71% | 123,680 | $20.6M | Add +4.1% |
| JPM JPMorgan Chase & Co. | 1.68% | 61,976 | $20.3M | Add +2.0% |
| V Visa Inc. Class A | 1.63% | 57,477 | $19.7M | Add +3.5% |
| SU Suncor Energy Inc. | 1.63% | 365,754 | $19.6M | Reduce -10.6% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 1.55% | 215,934 | $18.8M | Add +1.1% |
| AMZN Amazon.com Inc. | 1.54% | 78,112 | $18.6M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 1.35% | 17,347 | $16.2M | Reduce -5.6% |
| FNV Franco-Nevada Corp. | 1.24% | 71,687 | $14.9M | Reduce -1.8% |
| NTR Nutrien Ltd. | 1.14% | 218,639 | $13.8M | Reduce -0.7% |
| TEL Te Connectivity PLC | 1.04% | 62,215 | $12.5M | Reduce -0.8% |
| DHR Danaher Corp. | 0.76% | 47,956 | $9.1M | Reduce -0.4% |
| MDT Medtronic PLC | 0.69% | 106,740 | $8.4M | Reduce -10.2% |
| LIN Linde PLC | 0.69% | 16,010 | $8.3M | Reduce -1.5% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.66% | 69,151 | $8.0M | Reduce -41.5% |
| GOOG Alphabet Inc. Class C | 0.66% | 22,425 | $7.9M | Add +12.2% |
| GIB Cgi Inc. | 0.66% | 122,390 | $7.9M | Reduce -3.6% |
| RBA RB Global Inc. | 0.63% | 65,083 | $7.6M | Reduce -0.7% |
| RCI Rogers Communications Inc. Class B | 0.62% | 229,198 | $7.4M | Reduce -10.3% |
| PSA Public Storage | 0.61% | 23,089 | $7.3M | Add +38.5% |
| SHOP Shopify Inc. Class A | 0.59% | 62,736 | $7.2M | Add +4.0% |
| NVDA Nvidia Corp. | 0.58% | 34,757 | $7.0M | Add +41.1% |
| CME Cme Group Inc. | 0.52% | 28,389 | $6.3M | Add +2.6% |
| EMR Emerson Electric Co. | 0.47% | 39,520 | $5.7M | Reduce -0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.47% | 37,040 | $5.6M | Add +0.1% |
| TRI Thomson Reuters Corp. | 0.46% | 67,252 | $5.5M | Add +0.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 55,963 | $5.4M | Reduce -0.0% |
| ABT Abbott Laboratories | 0.43% | 57,563 | $5.2M | Add +10.1% |
| CRM Salesforce Inc. | 0.41% | 31,865 | $5.0M | Reduce -8.9% |
| CAE Cae Inc. | 0.39% | 187,151 | $4.7M | Add +18.0% |
| HD Home Depot Inc. | 0.37% | 12,819 | $4.5M | Add +12.2% |
| AEM Agnico Eagle Mines Ltd. | 0.37% | 28,964 | $4.5M | Add +21.3% |
| AON Aon PLC Class A | 0.33% | 12,006 | $4.0M | Add +128.0% |
| WPM Wheaton Precious Metals Corp. | 0.33% | 35,234 | $4.0M | Add +9.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.32% | 8,178 | $3.9M | Add +214.1% |
| FTV Fortive Corp. | 0.31% | 61,387 | $3.8M | Reduce -0.8% |
| EMA Emera Inc. | 0.31% | 70,359 | $3.7M | Add +1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 4,613 | $3.4M | Reduce -5.0% |
| FSV Firstservice Corp. | 0.28% | 23,685 | $3.4M | Add +99.1% |
| STN Stantec Inc. | 0.28% | 48,771 | $3.4M | Add +13.3% |
| BIP Brookfield Infrastructure Pa | 0.26% | 86,270 | $3.1M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 0.26% | 6,019 | $3.1M | Reduce -51.0% |
| TECK Teck Resources Ltd.-CLS B | 0.24% | 48,504 | $2.9M | Reduce -3.3% |
| SHEL Shell PLC-ADR | 0.23% | 36,549 | $2.8M | Add +3.3% |
| HON Honeywell International Inc. | 0.23% | 12,371 | $2.8M | Reduce -2.1% |
| HONA Honeywell Aerospace Inc. | 0.23% | 12,371 | $2.7M | Reduce -2.1% |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 5,125 | $2.6M | Add +11.7% |
| MKC McCormick & Co.-Non VTG SHRS | 0.21% | 49,292 | $2.5M | Add +2.0% |
| SHW The Sherwin-Williams Co. | 0.20% | 7,149 | $2.5M | Add +10.2% |
| AVGO Broadcom Inc. | 0.20% | 6,470 | $2.4M | Add +55.9% |
| META Meta Platforms Inc. Class A | 0.19% | 4,110 | $2.3M | Add +7.1% |
| TFII Tfi International Inc. | 0.19% | 15,693 | $2.3M | Reduce -20.0% |
| BCE Bce Inc. | 0.18% | 103,188 | $2.2M | Reduce -11.4% |
| CIGI Colliers Intl GR-Subord Vot | 0.18% | 23,522 | $2.2M | Add +6.1% |
| UNH Unitedhealth Group Inc. | 0.17% | 5,047 | $2.1M | Reduce -36.2% |
| PGR Progressive Corp. | 0.16% | 9,108 | $2.0M | Add +19.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.16% | 3,909 | $2.0M | Add +3.1% |
| MCD McDonald's Corp. | 0.16% | 6,926 | $1.9M | Add +8.5% |
| XOM Exxon Mobil Corp. | 0.15% | 13,349 | $1.8M | Add +49.2% |
| WMT Walmart Inc. | 0.15% | 16,063 | $1.8M | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.14% | 14,597 | $1.7M | Add +17.1% |
| RTX RTX Corp. | 0.12% | 7,905 | $1.5M | Add +1.7% |
| DSGX The Descartes Systems Grp | 0.12% | 20,413 | $1.4M | Reduce -1.2% |
| VLO Valero Energy Corp. | 0.11% | 5,299 | $1.4M | Reduce -33.2% |
| CCJ Cameco Corp. | 0.10% | 11,817 | $1.2M | Add +13.8% |
| PG The Procter & Gamble Co. | 0.10% | 8,155 | $1.2M | Add +8.4% |
| BGSI Boyd Group Services Inc. | 0.10% | 12,197 | $1.2M | Add +9.9% |
| OTEX Open Text Corp. | 0.09% | 50,675 | $1.1M | Reduce -5.3% |
| WFG West Fraser Timber Co. Ltd. | 0.09% | 16,010 | $1.1M | Add +1.7% |
| SYK Stryker Corp. | 0.09% | 3,405 | $1.1M | Add +22.8% |
| DOO BRP Inc./Ca- Sub Voting | 0.09% | 17,101 | $1.0M | Reduce -0.5% |
| WM Waste Management Inc. | 0.09% | 4,641 | $1.0M | Reduce -0.1% |
| ATS Ats Corp. | 0.08% | 35,291 | $1.0M | Add +2.8% |
| TXN Texas Instruments Inc. | 0.08% | 3,219 | $959K | Reduce -57.6% |
| PLD Prologis Inc. | 0.08% | 6,988 | $947K | Reduce -33.3% |
| LRCX Lam Research Corp. | 0.08% | 2,147 | $930K | Add +18.2% |
| CLS Celestica Inc. | 0.08% | 2,496 | $911K | Add +1.3% |
| KGC Kinross Gold Corp. | 0.07% | 37,711 | $891K | Reduce -0.2% |
| SOBO South Bow Corp. | 0.07% | 24,661 | $869K | Add +5.6% |
| BLK BlackRock Inc. | 0.07% | 870 | $837K | Add +4.2% |
| ECL Ecolab Inc. | 0.07% | 3,000 | $836K | Add +7.1% |
| FCX Freeport-McMoran Inc. | 0.07% | 12,621 | $794K | New |
Portfolio Sells Q1 2026 → Q2 2026
| CNQ Canadian Natural Resources | Reduce -2.4% | 3.10% | −0.96 |
| TU Telus Corp. | Reduce -10.9% | 1.84% | −0.76 |
| SU Suncor Energy Inc. | Reduce -10.6% | 1.63% | −0.69 |
| ENB Enbridge Inc. | Reduce -7.3% | 4.11% | −0.48 |
| FNV Franco-Nevada Corp. | Reduce -1.8% | 1.24% | −0.31 |
| QSR Restaurant Brands Intern | Reduce -10.0% | 1.78% | −0.31 |
| CM Can Imperial BK of Commerce | Reduce -41.5% | 0.66% | −0.30 |
| NTR Nutrien Ltd. | Reduce -0.7% | 1.14% | −0.28 |
| MA Mastercard Inc. Class A | Reduce -51.0% | 0.26% | −0.27 |
| HON Honeywell International Inc. | Reduce -2.1% | 0.23% | −0.26 |
| COST Costco Wholesale Corp. | Reduce -5.6% | 1.35% | −0.23 |
| RCI Rogers Communications Inc. Class B | Reduce -10.3% | 0.62% | −0.23 |
| CMCSA Comcast Corp. Class A | Reduce -74.0% | 0.06% | −0.23 |
| TRP TC Energy Corp. | Reduce -6.6% | 4.51% | −0.21 |
| MDT Medtronic PLC | Reduce -10.2% | 0.69% | −0.19 |
| CRM Salesforce Inc. | Reduce -8.9% | 0.41% | −0.15 |
| GIB Cgi Inc. | Reduce -3.6% | 0.66% | −0.14 |
| PBA Pembina Pipeline Corp. | Reduce -6.1% | 1.91% | −0.13 |
| FTS Fortis Inc. | Reduce -3.6% | 1.83% | −0.09 |
| JNJ Johnson & Johnson | Reduce -5.1% | 1.71% | −0.09 |
| TEL Te Connectivity PLC | Reduce -0.8% | 1.04% | −0.09 |
| Q Qnity Electronics Inc. | Reduce -66.0% | 0.06% | −0.07 |
| BCE Bce Inc. | Reduce -11.4% | 0.18% | −0.07 |
| BIPC Brookfield Infrastructure-A | Reduce -59.8% | 0.03% | −0.06 |
| VLO Valero Energy Corp. | Reduce -33.2% | 0.11% | −0.05 |
| ORCL Oracle Corp. | Reduce -42.3% | 0.06% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -57.6% | 0.08% | −0.05 |
| PLD Prologis Inc. | Reduce -33.3% | 0.08% | −0.04 |
| ACN Accenture PLC Class A | Reduce -1.4% | 0.06% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -56.3% | 0.03% | −0.04 |
| DHR Danaher Corp. | Reduce -0.4% | 0.76% | −0.03 |
| KGC Kinross Gold Corp. | Reduce -0.2% | 0.07% | −0.03 |
| OZK Bank Ozk | Sold out | 0.00% | −0.02 |
| DOO BRP Inc./Ca- Sub Voting | Reduce -0.5% | 0.09% | −0.02 |
| UL Unilever PLC-Sponsored ADR | Reduce -23.6% | 0.06% | −0.02 |
| LCII Lci Industries | Sold out | 0.00% | −0.02 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.02 |
| NKE Nike Inc. Class B | Reduce -33.4% | 0.02% | −0.02 |
| DIS The Walt Disney Co. | Reduce -0.0% | 0.45% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -60.6% | 0.06% | −0.01 |
| HONA Honeywell Aerospace Inc. | Reduce -2.1% | 0.23% | −0.01 |
| KO The Coca-Cola Co. | Reduce -22.8% | 0.05% | −0.01 |
| CVX Chevron Corp. | Reduce -15.3% | 0.02% | −0.01 |
| DSGX The Descartes Systems Grp | Reduce -1.2% | 0.12% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -36.2% | 0.17% | −0.01 |
| OTEX Open Text Corp. | Reduce -5.3% | 0.09% | −0.01 |
| BIP Brookfield Infrastructure Pa | Reduce -0.8% | 0.26% | −0.01 |
| GWRE Guidewire Software Inc. | Reduce -3.9% | 0.02% | −0.01 |
| WM Waste Management Inc. | Reduce -0.1% | 0.09% | −0.01 |
| PEP Pepsico Inc. | Reduce -2.3% | 0.02% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| BNS Bank of Nova Scotia | Add +1.1% | 1.55% | +0.28 |
| TSM Taiwan Semiconductor-SP ADR | Add +214.1% | 0.32% | +0.25 |
| PSA Public Storage | Add +38.5% | 0.61% | +0.22 |
| NVDA Nvidia Corp. | Add +41.1% | 0.58% | +0.21 |
| V Visa Inc. Class A | Add +3.5% | 1.63% | +0.19 |
| AON Aon PLC Class A | Add +128.0% | 0.33% | +0.18 |
| AAPL Apple Inc. | Add +0.6% | 1.71% | +0.17 |
| GOOG Alphabet Inc. Class C | Add +12.2% | 0.66% | +0.16 |
| CP Canadian Pacific Kansas City | Add +0.9% | 2.17% | +0.15 |
| JPM JPMorgan Chase & Co. | Add +2.0% | 1.68% | +0.15 |
| FSV Firstservice Corp. | Add +99.1% | 0.28% | +0.14 |
| AVGO Broadcom Inc. | Add +55.9% | 0.20% | +0.09 |
| FCX Freeport-McMoran Inc. | New | 0.07% | +0.07 |
| ANET Arista Networks Inc. | New | 0.07% | +0.07 |
| CSCO Cisco Systems Inc. | Add +17.1% | 0.14% | +0.06 |
| WCN Waste Connections Inc. | Add +4.1% | 1.71% | +0.05 |
| HD Home Depot Inc. | Add +12.2% | 0.37% | +0.05 |
| ELV Elevance Health Inc. | Add +152.7% | 0.06% | +0.04 |
| LRCX Lam Research Corp. | Add +18.2% | 0.08% | +0.04 |
| PGR Progressive Corp. | Add +19.3% | 0.16% | +0.04 |
| CAE Cae Inc. | Add +18.0% | 0.39% | +0.03 |
| USB US Bancorp | New | 0.03% | +0.03 |
| HPE Hewlett Packard Enterprise | New | 0.03% | +0.03 |
| SHW The Sherwin-Williams Co. | Add +10.2% | 0.20% | +0.03 |
| URI United Rentals Inc. | New | 0.02% | +0.02 |
| IYW iShares Ustechnology ETF | New | 0.02% | +0.02 |
| XOM Exxon Mobil Corp. | Add +49.2% | 0.15% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| DHI D.R. Horton Inc. | New | 0.02% | +0.02 |
| ROK Rockwell Automation Inc. | New | 0.02% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +11.7% | 0.21% | +0.02 |
| CRH CRH PLC | New | 0.02% | +0.02 |
| LFUS Littelfuse Inc. | New | 0.02% | +0.02 |
| ILMN Illumina Inc. | New | 0.02% | +0.02 |
| CCL Carnival Corp. Ltd. | New | 0.02% | +0.02 |
| CLS Celestica Inc. | Add +1.3% | 0.08% | +0.02 |
| GPGI Gpgi Inc. | New | 0.02% | +0.02 |
| BEP Brookfield Renewable Partner | Add +49.3% | 0.03% | +0.01 |
| SYK Stryker Corp. | Add +22.8% | 0.09% | +0.01 |
| LLY Eli Lilly & Co. | Add +1.0% | 0.04% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.1% | 0.16% | +0.01 |
| UBER Uber Technologies Inc. | Add +15.5% | 0.06% | +0.01 |
| PG The Procter & Gamble Co. | Add +8.4% | 0.10% | +0.01 |
| ECL Ecolab Inc. | Add +7.1% | 0.07% | +0.01 |
| SOBO South Bow Corp. | Add +5.6% | 0.07% | +0.01 |
| BAC Bank of America Corp. | Add +1.8% | 0.04% | +0.01 |
| META Meta Platforms Inc. Class A | Add +7.1% | 0.19% | +0.00 |
| CCJ Cameco Corp. | Add +13.8% | 0.10% | +0.00 |
| PM Philip Morris International | Add +5.8% | 0.03% | +0.00 |
| BAM Brookfield Asset Mgmt-A | Add +10.2% | 0.04% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 173 | $1.2B | RY, TD, BMO, TRP, ENB |
| Q1 2026 | 161 | $1.2B | RY, TD, BMO, TRP, ENB |
| Q4 2025 | 164 | $1.1B | RY, TD, BMO, TRP, ENB |
| Q3 2025 | 130 | $1.1B | RY, BMO, TD, ENB, TRP |
| Q2 2025 | 125 | $1.0B | RY, BMO, TD, ENB, MSFT |
| Q1 2025 | 129 | $937.3M | RY, BMO, TD, ENB, TRP |
| Q4 2024 | 131 | $947.3M | RY, BMO, TD, ENB, TRP |
| Q3 2024 | 139 | $984.9M | RY, TD, BMO, TRP, ENB |
| Q2 2024 | 133 | $895.5M | RY, TD, MSFT, BMO, ENB |
| Q1 2024 | 139 | $928.9M | RY, TD, BMO, MSFT, CNI |