Scotia Capital Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Scotia Capital Inc. reported 830 stock positions worth $18.7 billion. Its top holding was Royal Bank of Canada (RY) at 5.8% of the portfolio, followed by Microsoft (MSFT, 4.2%) and Bank of Nova Scotia (BNS, 4.2%). Compared with Q2 2024, it opened 78 new positions, sold out of 68, added to 405 and reduced 295. The biggest buy was TC Energy (TRP, shares +10%) and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001335644
- Portfolio Value
- $18.7B (Q3 2024)
- SEC Filing
- 0001085146-24-005595 ↗ filed Nov 13, 2024
Holdings Value
Holdings 830 stocks · $18.7B
| RY Royal Bank of Canada | 5.82% | 8,721,586 | $1.1B | Reduce -0.2% |
| MSFT Microsoft Corp. | 4.22% | 1,830,289 | $787.6M | Add +3.0% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 4.16% | 14,277,241 | $777.6M | Reduce -4.5% |
| AAPL Apple Inc. | 4.12% | 3,304,271 | $769.9M | Add +0.3% |
| TD Toronto-Dominion Bank | 3.92% | 11,590,765 | $732.4M | Add +0.5% |
| ENB Enbridge Inc. | 3.10% | 14,307,519 | $579.2M | Add +0.4% |
| AMZN Amazon.com Inc. | 2.61% | 2,620,714 | $488.3M | Add +3.7% |
| TRP TC Energy Corp. | 2.16% | 9,299,021 | $402.8M | Add +9.6% |
| FTS Fortis Inc. | 2.14% | 8,818,270 | $400.4M | Add +0.9% |
| V Visa Inc. Class A | 2.14% | 1,456,224 | $400.4M | Add +3.6% |
| BN Brookfield Corp. | 1.90% | 6,698,321 | $354.3M | Reduce -0.8% |
| NVDA Nvidia Corp. | 1.79% | 2,756,291 | $334.7M | Add +3.4% |
| MFC Manulife Financial Corp. | 1.79% | 11,323,897 | $334.1M | Reduce -1.4% |
| COST Costco Wholesale Corp. | 1.76% | 371,483 | $329.3M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 1.76% | 1,980,654 | $328.5M | Add +2.4% |
| TU Telus Corp. | 1.74% | 19,380,631 | $324.9M | Add +1.5% |
| CNI Canadian Natl Railway Co. | 1.67% | 2,691,680 | $312.5M | Add +5.2% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.66% | 3,443,093 | $310.4M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 1.59% | 1,406,663 | $296.6M | Add +2.0% |
| BCE Bce Inc. | 1.55% | 8,321,718 | $289.3M | Reduce -2.4% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 1.42% | 4,341,225 | $266.0M | Reduce -6.6% |
| CP Canadian Pacific Kansas City | 1.41% | 3,095,628 | $263.0M | Add +4.2% |
| UNH Unitedhealth Group Inc. | 1.33% | 425,608 | $248.8M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.33% | 538,926 | $248.1M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 1.28% | 1,427,468 | $238.7M | Add +3.2% |
| BIP Brookfield Infrastructure Pa | 1.17% | 6,260,633 | $218.3M | Add +0.3% |
| META Meta Platforms Inc. Class A | 1.11% | 363,425 | $208.0M | Add +1.3% |
| PBA Pembina Pipeline Corp. | 1.08% | 4,884,856 | $201.2M | Add +0.5% |
| JNJ Johnson & Johnson | 1.05% | 1,214,197 | $196.8M | Reduce -1.4% |
| CNQ Canadian Natural Resources | 1.00% | 5,640,327 | $187.1M | Add +8.9% |
| HD Home Depot Inc. | 0.97% | 449,008 | $181.9M | Add +1.4% |
| SLF Sun Life Financial Inc. | 0.89% | 2,880,073 | $165.8M | Add +1.4% |
| MCD McDonald's Corp. | 0.78% | 475,983 | $144.9M | Add +5.3% |
| SU Suncor Energy Inc. | 0.77% | 3,911,412 | $144.2M | Reduce -7.2% |
| PEP Pepsico Inc. | 0.74% | 815,814 | $138.7M | Reduce -4.1% |
| RCI Rogers Communications Inc. Class B | 0.67% | 3,125,375 | $125.5M | Add +8.1% |
| WM Waste Management Inc. | 0.67% | 603,348 | $125.3M | Add +2.8% |
| QSR Restaurant Brands Intern | 0.58% | 1,520,394 | $109.1M | Add +0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.56% | 180,719 | $103.7M | Add +4.5% |
| ACN Accenture PLC Class A | 0.53% | 281,591 | $99.5M | Add +4.7% |
| MDT Medtronic PLC | 0.51% | 1,053,963 | $94.9M | Reduce -0.9% |
| DHR Danaher Corp. | 0.49% | 326,493 | $90.8M | Add +4.4% |
| SHOP Shopify Inc. Class A | 0.46% | 1,075,226 | $85.9M | Add +11.4% |
| BLK BlackRock Finance Inc. | 0.46% | 90,040 | $85.5M | Add +2.9% |
| HON Honeywell International Inc. | 0.46% | 412,936 | $85.4M | Add +7.2% |
| ADBE Adobe Inc. | 0.45% | 162,315 | $84.0M | Add +1.9% |
| WMT Walmart Inc. | 0.45% | 1,039,180 | $83.9M | Add +2.5% |
| LLY Eli Lilly & Co. | 0.45% | 94,264 | $83.5M | Add +41.6% |
| AVGO Broadcom Inc. | 0.45% | 481,779 | $83.1M | Reduce -88.9% |
| MA Mastercard Inc. Class A | 0.44% | 164,890 | $81.4M | Add +0.8% |
| PG The Procter & Gamble Co. | 0.40% | 428,704 | $74.3M | Add +3.0% |
| NTR Nutrien Ltd. | 0.39% | 1,541,059 | $73.6M | Reduce -8.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 717,822 | $69.0M | Reduce -22.9% |
| BEP Brookfield Renewable Partner | 0.36% | 2,391,424 | $66.7M | Add +2.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.33% | 359,043 | $62.4M | Reduce -0.3% |
| GIB Cgi Inc. | 0.32% | 529,638 | $60.3M | Add +6.4% |
| WCN Waste Connections Inc. | 0.29% | 303,852 | $54.3M | Add +4.0% |
| BIPC Brookfield Infrastructure-A | 0.28% | 1,202,380 | $51.6M | Reduce -0.7% |
| PLD Prologis Inc. | 0.27% | 404,202 | $51.0M | Add +7.9% |
| BAM Brookfield Asset Mgmt-A | 0.27% | 1,076,313 | $50.8M | Add +0.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.27% | 60,068 | $50.1M | Reduce -3.4% |
| DEO Diageo PLC-Sponsored ADR | 0.27% | 354,544 | $49.8M | Add +22.2% |
| VOO Vanguard S&P 500 ETF | 0.26% | 91,425 | $48.2M | Add +4.2% |
| TFII Tfi International Inc. | 0.25% | 342,339 | $46.8M | Add +4.1% |
| BEPC Brookfield Renewable Cor-A | 0.24% | 1,399,363 | $45.7M | Reduce -5.6% |
| CCJ Cameco Corp. | 0.24% | 957,151 | $45.7M | Add +37.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 1,116,776 | $44.3M | Reduce -13.6% |
| EMR Emerson Electric Co. | 0.22% | 383,928 | $42.0M | Add +15.5% |
| VCIT Vanguard Int-Term Corporate | 0.22% | 501,220 | $42.0M | Add +14.9% |
| NKE Nike Inc. Class B | 0.22% | 467,969 | $41.4M | Add +21.8% |
| CRM Salesforce Inc. | 0.22% | 148,270 | $40.6M | Reduce -8.3% |
| ORCL Oracle Corp. | 0.20% | 222,147 | $37.9M | Add +5.1% |
| TRI Thomson Reuters Corp. | 0.20% | 219,657 | $37.5M | Add +4.3% |
| BOND PIMCO Active Bond Exchange-T | 0.20% | 390,801 | $37.0M | Add +1.1% |
| IDV iShares International Select | 0.19% | 1,202,141 | $36.3M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.19% | 316,783 | $36.0M | Add +11.6% |
| KO The Coca-Cola Co. | 0.19% | 495,382 | $35.6M | Reduce -2.5% |
| AMD Advanced Micro Devices | 0.19% | 215,689 | $35.4M | Add +1.7% |
| AEM Agnico Eagle Mines Ltd. | 0.19% | 433,070 | $34.8M | Reduce -6.8% |
| SDY SS SPDR S&P Dividend ETF | 0.18% | 242,025 | $34.4M | Reduce -1.2% |
| CSCO Cisco Systems Inc. | 0.18% | 636,243 | $33.9M | Reduce -23.5% |
| MGA Magna International Inc. | 0.18% | 824,094 | $33.8M | Reduce -8.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.18% | 279,958 | $33.3M | Add +12.7% |
| BKNG Booking Holdings Inc. | 0.17% | 7,728 | $32.6M | Reduce -0.9% |
| PFE Pfizer Inc. | 0.17% | 1,122,449 | $32.5M | Add +4.2% |
| AZN Astrazeneca PLC-Spons ADR | 0.17% | 413,542 | $32.2M | Add +10.7% |
| SYK Stryker Corp. | 0.17% | 85,370 | $30.8M | Add +4.8% |
| UBER Uber Technologies Inc. | 0.16% | 409,038 | $30.7M | Add +28.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.16% | 253,392 | $29.8M | Add +9.2% |
| CAT Caterpillar Inc. | 0.16% | 75,618 | $29.6M | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 0.16% | 50,504 | $29.1M | Add +8.4% |
| CVE Cenovus Energy Inc. | 0.16% | 1,736,060 | $29.0M | Add +8.9% |
| SBUX Starbucks Corp. | 0.15% | 295,699 | $28.8M | Reduce -2.0% |
| XOM Exxon Mobil Corp. | 0.15% | 243,169 | $28.5M | Add +8.6% |
| AGG iShares Core U.S. Aggregate | 0.15% | 273,174 | $27.7M | Reduce -6.3% |
| VZ Verizon Communications Inc. | 0.15% | 605,304 | $27.2M | Reduce -25.0% |
| ABBV Abbvie Inc. | 0.15% | 137,486 | $27.2M | Reduce -11.6% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 130,998 | $25.9M | Add +3.6% |
| TMO Thermo Fisher Scientific Inc. | 0.13% | 40,417 | $25.0M | Add +3.2% |
| XLV SS Health Care Select Sector | 0.13% | 161,939 | $24.9M | Add +11.3% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $3.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,471 | $1.9M | Add +1.4% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 819 | $1.1M | Add +6.5% |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | 56,969 | $675K | Reduce -29.6% |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 10,015 | $117K | Reduce -1.7% |
Total filed on the 13F, all lines: $18.7B.
Portfolio Sells Q2 2024 → Q3 2024
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.24 |
| DIS The Walt Disney Co. | Reduce -22.9% | 0.37% | −0.17 |
| SU Suncor Energy Inc. | Reduce -7.2% | 0.77% | −0.17 |
| NTR Nutrien Ltd. | Reduce -8.0% | 0.39% | −0.10 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -3.4% | 0.27% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 1.76% | −0.09 |
| RTX RTX Corp. | Sold out | 0.00% | −0.08 |
| PEP Pepsico Inc. | Reduce -4.1% | 0.74% | −0.08 |
| BCE Bce Inc. | Reduce -2.4% | 1.55% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -93.9% | 0.00% | −0.07 |
| SHEL Shell PLC-ADR | Reduce -78.7% | 0.01% | −0.07 |
| BAC Bank of America Corp. | Reduce -13.6% | 0.24% | −0.06 |
| AIG American International Group | Reduce -34.6% | 0.09% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -23.5% | 0.18% | −0.05 |
| GBIL Goldman Sachs Access Treasur | Reduce -80.2% | 0.01% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -25.0% | 0.15% | −0.05 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.05 |
| MGA Magna International Inc. | Reduce -8.9% | 0.18% | −0.04 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -1.3% | 0.12% | −0.03 |
| TEL Te Connectivity Ltd. | Sold out | 0.00% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.3% | 0.33% | −0.03 |
| ORLY O'reilly Automotive Inc. | Reduce -90.4% | 0.00% | −0.03 |
| MCK McKesson Corp. | Reduce -1.3% | 0.09% | −0.03 |
| JPST JPMorgan Ultra-Short Income | Reduce -38.5% | 0.04% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -12.5% | 0.11% | −0.03 |
| CRM Salesforce Inc. | Reduce -8.3% | 0.22% | −0.03 |
| FSV Firstservice Corp. | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Reduce -53.5% | 0.02% | −0.02 |
| VTIP Vanguard Short-Term Tips | Reduce -67.6% | 0.01% | −0.02 |
| FWONK Liberty Media Corp. Class C | Sold out | 0.00% | −0.02 |
| AQN Algonquin Power & Utilities | Reduce -9.8% | 0.07% | −0.02 |
| C Citigroup Inc. | Reduce -4.7% | 0.13% | −0.02 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.02 |
| ABNB Airbnb Inc. Class A | Reduce -0.7% | 0.07% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -6.3% | 0.15% | −0.02 |
| B Barrick Gold Corp. | Reduce -27.3% | 0.07% | −0.02 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -18.1% | 0.05% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -5.3% | 0.08% | −0.02 |
| BX Blackstone Inc. | Reduce -29.9% | 0.06% | −0.02 |
| ONTO Onto Innovation Inc. | Reduce -59.8% | 0.01% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -11.1% | 0.09% | −0.01 |
| HDV iShares Core High Dividend E | Reduce -51.0% | 0.01% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -18.6% | 0.04% | −0.01 |
| CNC Centene Corp. | Reduce -69.2% | 0.01% | −0.01 |
| UPS United Parcel Service Class B | Reduce -5.5% | 0.08% | −0.01 |
| CVX Chevron Corp. | Reduce -1.1% | 0.07% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -4.9% | 0.10% | −0.01 |
| GLDM SPDR Gold Minishares Trust | Sold out | 0.00% | −0.01 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| TRP TC Energy Corp. | Add +9.6% | 2.16% | +0.27 |
| TD Toronto-Dominion Bank | Add +0.5% | 3.92% | +0.21 |
| BIP Brookfield Infrastructure Pa | Add +0.3% | 1.17% | +0.17 |
| FTS Fortis Inc. | Add +0.9% | 2.14% | +0.16 |
| ENB Enbridge Inc. | Add +0.4% | 3.10% | +0.14 |
| MCD McDonald's Corp. | Add +5.3% | 0.78% | +0.10 |
| LLY Eli Lilly & Co. | Add +41.6% | 0.45% | +0.09 |
| SHOP Shopify Inc. Class A | Add +11.4% | 0.46% | +0.09 |
| HD Home Depot Inc. | Add +1.4% | 0.97% | +0.08 |
| SLF Sun Life Financial Inc. | Add +1.4% | 0.89% | +0.07 |
| SGOV iShares 0-3 Month Treasury B | Add +231.6% | 0.11% | +0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +915.3% | 0.08% | +0.07 |
| AAPL Apple Inc. | Add +0.3% | 4.12% | +0.06 |
| ACN Accenture PLC Class A | Add +4.7% | 0.53% | +0.06 |
| BNTX Biontech SE-ADR | Add +80.9% | 0.09% | +0.05 |
| META Meta Platforms Inc. Class A | Add +1.3% | 1.11% | +0.05 |
| BLK BlackRock Finance Inc. | Add +2.9% | 0.46% | +0.05 |
| DEO Diageo PLC-Sponsored ADR | Add +22.2% | 0.27% | +0.05 |
| NKE Nike Inc. Class B | Add +21.8% | 0.22% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 1.33% | +0.05 |
| RCI Rogers Communications Inc. Class B | Add +8.1% | 0.67% | +0.05 |
| WMT Walmart Inc. | Add +2.5% | 0.45% | +0.05 |
| TU Telus Corp. | Add +1.5% | 1.74% | +0.05 |
| CCJ Cameco Corp. | Add +37.8% | 0.24% | +0.04 |
| CP Canadian Pacific Kansas City | Add +4.2% | 1.41% | +0.04 |
| TBIL F/M US Treasury 3 Month Bill | Add +87.2% | 0.09% | +0.04 |
| BTAL Agf US Market Neutral Anti-B | New | 0.04% | +0.04 |
| BAM Brookfield Asset Mgmt-A | Add +0.5% | 0.27% | +0.03 |
| GIB Cgi Inc. | Add +6.4% | 0.32% | +0.03 |
| CRH CRH PLC | New | 0.03% | +0.03 |
| LII Lennox International Inc. | New | 0.03% | +0.03 |
| MMM 3M Co. | Add +44.0% | 0.07% | +0.03 |
| UBER Uber Technologies Inc. | Add +28.4% | 0.16% | +0.03 |
| DHR Danaher Corp. | Add +4.4% | 0.49% | +0.03 |
| ORCL Oracle Corp. | Add +5.1% | 0.20% | +0.03 |
| PLD Prologis Inc. | Add +7.9% | 0.27% | +0.03 |
| CI The Cigna Group | Add +936.3% | 0.03% | +0.03 |
| PBA Pembina Pipeline Corp. | Add +0.5% | 1.08% | +0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +31.9% | 0.12% | +0.03 |
| EPD Enterprise Products Partners | New | 0.02% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +557.3% | 0.03% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +14.9% | 0.22% | +0.02 |
| DPZ Domino's Pizza Inc. | Add +363.3% | 0.03% | +0.02 |
| CEG Constellation Energy | Add +913.9% | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | Add +25.8% | 0.06% | +0.02 |
| PH Parker Hannifin Corp. | Add +100.1% | 0.03% | +0.02 |
| SAP Sap SE-Sponsored ADR | Add +22.6% | 0.09% | +0.02 |
| DOV Dover Corp. | New | 0.02% | +0.02 |
| BEP Brookfield Renewable Partner | Add +2.4% | 0.36% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +73.9% | 0.04% | +0.02 |
Notes & Other Activity Q2 2024 → Q3 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.4% | 1,471 | $1.9M |
| CIBR First Trust Nasdaq Cybersecu | NASDAQ CYB ETF · principal | Sold out | 29,408 | $1.7Mbefore exit |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +6.5% | 819 | $1.1M |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | Reduce -29.6% | 56,969 | $675K |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | Reduce -1.7% | 10,015 | $117K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 913 | $26.8B | RY, TD, BNS, AAPL, MSFT |
| Q1 2026 | 911 | $24.3B | RY, TD, BNS, AAPL, MSFT |
| Q4 2025 | 889 | $24.8B | RY, BNS, TD, MSFT, AAPL |
| Q3 2025 | 901 | $23.5B | RY, MSFT, BNS, TD, AAPL |
| Q2 2025 | 856 | $21.2B | RY, MSFT, TD, BNS, AAPL |
| Q1 2025 | 842 | $18.6B | RY, AAPL, MSFT, BNS, TD |
| Q4 2024 | 853 | $19.0B | RY, AAPL, MSFT, BNS, ENB |
| Q3 2024 | 830 | $18.7B | RY, MSFT, BNS, AAPL, TD |
| Q2 2024 | 820 | $17.1B | RY, MSFT, AAPL, BNS, TD |
| Q1 2024 | 821 | $16.8B | RY, MSFT, BNS, TD, AAPL |