Scotia Capital Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Scotia Capital Inc. reported 911 stock positions worth $24.3 billion. Its top holding was Royal Bank of Canada (RY) at 5.9% of the portfolio, followed by Toronto-Dominion Bank (TD, 4.1%) and Bank of Nova Scotia (BNS, 3.8%). Compared with Q4 2025, it opened 102 new positions, sold out of 79, added to 370 and reduced 402. The biggest buy was Canadian Natural Resources (CNQ, shares +5%) and the biggest sale Alphabet Class A (GOOGL, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001335644
- Portfolio Value
- $24.3B (Q1 2026)
- SEC Filing
- 0001335644-26-000002 ↗ filed May 13, 2026
Holdings Value
Holdings 911 stocks · $24.3B
| RY Royal Bank of Canada | 5.91% | 8,898,150 | $1.4B | Reduce -1.9% |
| TD Toronto-Dominion Bank | 4.06% | 10,586,822 | $987.4M | Reduce -0.9% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 3.82% | 13,422,749 | $929.0M | Reduce -2.9% |
| AAPL Apple Inc. | 3.42% | 3,279,655 | $832.3M | Reduce -0.0% |
| MSFT Microsoft Corp. | 3.35% | 2,201,821 | $815.1M | Add +8.4% |
| ENB Enbridge Inc. | 3.24% | 14,599,455 | $788.5M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 2.64% | 3,079,767 | $641.4M | Add +0.6% |
| TRP TC Energy Corp. | 2.36% | 9,247,515 | $573.6M | Reduce -0.7% |
| NVDA Nvidia Corp. | 2.35% | 3,275,357 | $571.2M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 2.22% | 1,874,006 | $538.9M | Reduce -8.4% |
| FTS Fortis Inc. | 2.15% | 9,392,836 | $523.5M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 1.96% | 1,620,878 | $476.8M | Reduce -4.7% |
| V Visa Inc. Class A | 1.93% | 1,552,308 | $469.2M | Reduce -2.2% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 1.92% | 3,461,718 | $466.0M | Reduce -3.3% |
| CNQ Canadian Natural Resources | 1.89% | 9,481,269 | $460.0M | Add +4.7% |
| BN Brookfield Corp. | 1.84% | 11,077,640 | $448.2M | Reduce -1.2% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 1.70% | 4,380,269 | $414.3M | Add +4.7% |
| CNI Canadian Natl Railway Co. | 1.65% | 3,924,912 | $402.0M | Add +2.2% |
| GOOG Alphabet Inc. Class C | 1.62% | 1,370,090 | $393.0M | Reduce -3.8% |
| COST Costco Wholesale Corp. | 1.59% | 388,703 | $387.3M | Reduce -1.3% |
| MFC Manulife Financial Corp. | 1.53% | 10,873,355 | $373.2M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.37% | 693,312 | $332.2M | Reduce -1.7% |
| JNJ Johnson & Johnson | 1.24% | 1,231,920 | $301.1M | Reduce -6.8% |
| PBA Pembina Pipeline Corp. | 1.23% | 6,746,275 | $299.3M | Reduce -1.9% |
| SU Suncor Energy Inc. | 1.19% | 4,385,717 | $290.0M | Reduce -0.6% |
| CP Canadian Pacific Kansas City | 1.18% | 3,691,285 | $288.0M | Reduce -7.3% |
| META Meta Platforms Inc. Class A | 1.18% | 499,468 | $285.8M | Add +4.9% |
| BIP Brookfield Infrastructure Pa | 1.09% | 7,381,068 | $266.0M | Reduce -3.0% |
| EMA Emera Inc. | 0.99% | 4,670,078 | $240.5M | Add +0.8% |
| TU Telus Corp. | 0.89% | 16,940,624 | $217.4M | Add +1.2% |
| WMT Walmart Inc. | 0.89% | 1,736,208 | $215.8M | Reduce -3.0% |
| SLF Sun Life Financial Inc. | 0.84% | 3,262,998 | $203.6M | Reduce -0.3% |
| HD Home Depot Inc. | 0.79% | 584,606 | $192.3M | Add +3.0% |
| AEM Agnico Eagle Mines Ltd. | 0.73% | 872,774 | $177.0M | Add +8.2% |
| WM Waste Management Inc. | 0.69% | 726,641 | $167.0M | Reduce -5.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.67% | 248,761 | $161.8M | Reduce -2.7% |
| AVGO Broadcom Inc. | 0.66% | 520,542 | $161.1M | Reduce -0.7% |
| SHOP Shopify Inc. Class A | 0.64% | 1,305,851 | $154.7M | Add +12.5% |
| RCI Rogers Communications Inc. Class B | 0.60% | 3,816,866 | $145.5M | Reduce -3.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.51% | 367,994 | $124.4M | Reduce -9.0% |
| WPM Wheaton Precious Metals Corp. | 0.49% | 909,877 | $118.1M | Add +22.7% |
| PANW Palo Alto Networks Inc. | 0.45% | 677,820 | $108.7M | Add +39.0% |
| BLK BlackRock Inc. | 0.45% | 112,811 | $108.5M | Reduce -2.3% |
| MCD McDonald's Corp. | 0.42% | 331,607 | $103.1M | Add +0.2% |
| GLD SPDR Gold Shares | 0.41% | 229,013 | $98.5M | Add +21.4% |
| QSR Restaurant Brands Intern | 0.40% | 1,320,532 | $96.7M | Reduce -9.4% |
| CCJ Cameco Corp. | 0.40% | 886,907 | $96.1M | Reduce -9.4% |
| EMR Emerson Electric Co. | 0.39% | 730,127 | $95.7M | Reduce -9.0% |
| BCE Bce Inc. | 0.39% | 3,766,099 | $94.8M | Reduce -2.5% |
| UBER Uber Technologies Inc. | 0.39% | 1,309,599 | $94.2M | Add +15.4% |
| BEP Brookfield Renewable Partner | 0.39% | 2,878,619 | $93.7M | Add +1.7% |
| PG The Procter & Gamble Co. | 0.36% | 614,544 | $88.8M | Add +1.9% |
| PLD Prologis Inc. | 0.36% | 659,330 | $87.2M | Reduce -14.5% |
| VOO Vanguard S&P 500 ETF | 0.36% | 144,765 | $86.5M | Reduce -10.9% |
| NTR Nutrien Ltd. | 0.35% | 1,146,857 | $86.0M | Add +1.2% |
| BAM Brookfield Asset Mgmt-A | 0.35% | 1,930,397 | $85.2M | Add +52.9% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.35% | 64,097 | $84.7M | Reduce -18.7% |
| PEP Pepsico Inc. | 0.35% | 541,084 | $84.0M | Reduce -6.3% |
| LLY Eli Lilly & Co. | 0.33% | 86,840 | $79.9M | Reduce -10.4% |
| MDT Medtronic PLC | 0.31% | 873,375 | $75.7M | Add +0.6% |
| DHR Danaher Corp. | 0.31% | 392,215 | $74.4M | Reduce -1.8% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 147,090 | $72.3M | Add +7.8% |
| MA Mastercard Inc. Class A | 0.29% | 141,289 | $70.6M | Reduce -14.5% |
| HON Honeywell International Inc. | 0.27% | 286,801 | $64.8M | Reduce -1.4% |
| LRCX Lam Research Corp. | 0.26% | 300,456 | $64.2M | Add +497.9% |
| GS Goldman Sachs Group Inc. | 0.25% | 72,351 | $61.2M | Reduce -7.1% |
| WCN Waste Connections Inc. | 0.24% | 367,850 | $59.5M | Reduce -21.8% |
| SOBO South Bow Corp. | 0.24% | 1,788,858 | $59.3M | Reduce -12.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 102,210 | $59.0M | Reduce -13.3% |
| MS Morgan Stanley | 0.24% | 347,658 | $57.2M | Add +70.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 1,155,752 | $56.3M | Reduce -3.3% |
| BIPC Brookfield Infrastructure-A | 0.23% | 1,422,959 | $56.0M | Add +3.7% |
| VCIT Vanguard Int-Term Corporate | 0.22% | 645,564 | $53.4M | Reduce -2.5% |
| AEP American Electric Power | 0.22% | 400,001 | $52.4M | Add +4.1% |
| ORCL Oracle Corp. | 0.22% | 356,344 | $52.4M | Reduce -0.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 305,580 | $48.8M | Add +1.4% |
| AGG iShares Core U.S. Aggregate | 0.20% | 488,227 | $48.5M | Add +4.0% |
| GIB Cgi Inc. | 0.19% | 633,086 | $46.0M | Reduce -7.8% |
| CAT Caterpillar Inc. | 0.19% | 64,338 | $45.6M | Add +1.5% |
| NFLX Netflix Inc. | 0.18% | 465,011 | $44.7M | Add +8.0% |
| IDV iShares International Select | 0.18% | 1,050,209 | $44.7M | Add +0.3% |
| BEPC Brookfield Renewable Corp. | 0.18% | 1,100,371 | $43.7M | Reduce -16.8% |
| CSCO Cisco Systems Inc. | 0.18% | 561,105 | $43.5M | Reduce -3.3% |
| AZN Astrazeneca PLC | 0.17% | 211,351 | $41.7M | Reduce -8.4% |
| UNH Unitedhealth Group Inc. | 0.17% | 151,760 | $41.1M | Reduce -7.1% |
| TSLA Tesla Inc. | 0.17% | 109,835 | $40.8M | Reduce -10.2% |
| ODFL Old Dominion Freight Line | 0.17% | 207,067 | $40.5M | Add +366.2% |
| KO The Coca-Cola Co. | 0.17% | 528,204 | $40.2M | Reduce -0.1% |
| ABBV Abbvie Inc. | 0.16% | 183,643 | $39.9M | Reduce -2.4% |
| XOM Exxon Mobil Corp. | 0.16% | 234,988 | $39.9M | Reduce -1.5% |
| TFII Tfi International Inc. filed as TRANSFORCE INC | 0.16% | 349,787 | $37.8M | Reduce -6.8% |
| FNV Franco-Nevada Corp. | 0.16% | 152,706 | $37.7M | Reduce -1.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.15% | 392,402 | $36.0M | Reduce -1.1% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.14% | 479,794 | $34.9M | Add +564.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.14% | 380,254 | $34.4M | Add +3.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 355,445 | $34.3M | Reduce -5.9% |
| RTX RTX Corp. | 0.14% | 172,783 | $33.3M | Add +7.5% |
| CRM Salesforce Inc. | 0.14% | 178,039 | $33.2M | Add +10.0% |
| AMD Advanced Micro Devices | 0.13% | 155,388 | $31.6M | Reduce -8.6% |
| IVV iShares Core S&P 500 ETF | 0.13% | 48,284 | $31.5M | Add +14.4% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $6.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| XME SS SPDR S&P Metals Mining | ST STR SP METAL · principal | 41,136 | $4.4M | New |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,011 | $1.2M | Add +0.1% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 270 | $312K | No change |
| IAUX.WS I-80 Gold Corp. -26 | *W EXP 11/16/202 | 71,500 | $69K | No change |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | 454,860 | $3K | Reduce -0.3% |
Total filed on the 13F, all lines: $24.3B.
Portfolio Sells Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | Reduce -8.4% | 2.22% | −0.36 |
| ACN Accenture PLC Class A | Reduce -70.3% | 0.09% | −0.32 |
| RY Royal Bank of Canada | Reduce -1.9% | 5.91% | −0.32 |
| V Visa Inc. Class A | Reduce -2.2% | 1.93% | −0.31 |
| BNS Bank of Nova Scotia | Reduce -2.9% | 3.82% | −0.28 |
| JPM JPMorgan Chase & Co. | Reduce -4.7% | 1.96% | −0.25 |
| BN Brookfield Corp. | Reduce -1.2% | 1.84% | −0.23 |
| GOOG Alphabet Inc. Class C | Reduce -3.8% | 1.62% | −0.18 |
| AAPL Apple Inc. | Reduce -0.0% | 3.42% | −0.17 |
| ADBE Adobe Inc. | Reduce -61.6% | 0.05% | −0.14 |
| TRI Thomson Reuters Corp. | Reduce -29.5% | 0.09% | −0.10 |
| MFC Manulife Financial Corp. | Reduce -2.5% | 1.53% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -10.4% | 0.33% | −0.09 |
| MA Mastercard Inc. Class A | Reduce -14.5% | 0.29% | −0.09 |
| WCN Waste Connections Inc. | Reduce -21.8% | 0.24% | −0.08 |
| AVGO Broadcom Inc. | Reduce -0.7% | 0.66% | −0.07 |
| GIB Cgi Inc. | Reduce -7.8% | 0.19% | −0.07 |
| ORCL Oracle Corp. | Reduce -0.0% | 0.22% | −0.06 |
| DHR Danaher Corp. | Reduce -1.8% | 0.31% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.7% | 1.37% | −0.06 |
| SYK Stryker Corp. | Reduce -26.8% | 0.13% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -10.9% | 0.36% | −0.05 |
| TSLA Tesla Inc. | Reduce -10.2% | 0.17% | −0.05 |
| BLK BlackRock Inc. | Reduce -2.3% | 0.45% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -13.3% | 0.24% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -7.1% | 0.17% | −0.05 |
| BINV Brandes International ETF | Reduce -50.0% | 0.05% | −0.05 |
| MRSH Marsh & McLennan Cos | Reduce -61.0% | 0.03% | −0.05 |
| GRTUF Granite Real Estate Investme | Sold out | 0.00% | −0.04 |
| GSY Invesco Ultra Short Duration | Sold out | 0.00% | −0.04 |
| PLD Prologis Inc. | Reduce -14.5% | 0.36% | −0.04 |
| IXUS iShares Core Intl Stock ETF | Reduce -49.3% | 0.04% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.7% | 0.67% | −0.04 |
| HDB HDFC Bank Ltd.-ADR | Reduce -81.5% | 0.01% | −0.04 |
| EMR Emerson Electric Co. | Reduce -9.0% | 0.39% | −0.04 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -91.0% | 0.00% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -9.8% | 0.08% | −0.03 |
| BAC Bank of America Corp. | Reduce -3.3% | 0.23% | −0.03 |
| DIS The Walt Disney Co. | Reduce -5.9% | 0.14% | −0.03 |
| NDAQ Nasdaq Inc. | Reduce -94.1% | 0.00% | −0.03 |
| ABT Abbott Laboratories | Reduce -58.7% | 0.02% | −0.03 |
| LYV Live Nation Entertainment Inc. | Reduce -94.3% | 0.00% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -47.8% | 0.04% | −0.03 |
| APP AppLovin Corp. Class A | Reduce -49.3% | 0.01% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -89.3% | 0.00% | −0.02 |
| BEPC Brookfield Renewable Corp. | Reduce -16.8% | 0.18% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -7.1% | 0.25% | −0.02 |
| SONY Sony Group Corp. - SP ADR | Reduce -40.0% | 0.02% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -69.1% | 0.01% | −0.02 |
| GRNY Fundstr Gran SH US LRG Cap | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| CNQ Canadian Natural Resources | Add +4.7% | 1.89% | +0.66 |
| LRCX Lam Research Corp. | Add +497.9% | 0.26% | +0.23 |
| FTS Fortis Inc. | Add +0.2% | 2.15% | +0.19 |
| CM Can Imperial BK of Commerce | Add +4.7% | 1.70% | +0.18 |
| AEM Agnico Eagle Mines Ltd. | Add +8.2% | 0.73% | +0.18 |
| ODFL Old Dominion Freight Line | Add +366.2% | 0.17% | +0.14 |
| WPM Wheaton Precious Metals Corp. | Add +22.7% | 0.49% | +0.14 |
| BHP BHP Group Ltd.-Spon ADR | Add +564.2% | 0.14% | +0.13 |
| CNI Canadian Natl Railway Co. | Add +2.2% | 1.65% | +0.12 |
| GLD SPDR Gold Shares | Add +21.4% | 0.41% | +0.10 |
| MS Morgan Stanley | Add +70.5% | 0.24% | +0.09 |
| PANW Palo Alto Networks Inc. | Add +39.0% | 0.45% | +0.09 |
| BAM Brookfield Asset Mgmt-A | Add +52.9% | 0.35% | +0.08 |
| JAAA Janus Henderson Aaa Clo ETF | Add +2326.1% | 0.08% | +0.08 |
| BEP Brookfield Renewable Partner | Add +1.7% | 0.39% | +0.08 |
| NTR Nutrien Ltd. | Add +1.2% | 0.35% | +0.07 |
| EMA Emera Inc. | Add +0.8% | 0.99% | +0.07 |
| GEV GE Vernova Inc. | Add +69.7% | 0.10% | +0.05 |
| VXUS Vanguard Total Intl Stock | Add +118.0% | 0.09% | +0.05 |
| PSA Public Storage | New | 0.05% | +0.05 |
| COPX Global X Copper Miners ETF | Add +433.1% | 0.05% | +0.04 |
| OVV Ovintiv Inc. | Add +83.1% | 0.07% | +0.04 |
| CAT Caterpillar Inc. | Add +1.5% | 0.19% | +0.04 |
| B Barrick Mining Corp. | Add +62.1% | 0.11% | +0.04 |
| AEP American Electric Power | Add +4.1% | 0.22% | +0.04 |
| GDXJ Vaneck Junior Gold Miners | Add +195.5% | 0.05% | +0.04 |
| RIO Rio Tinto PLC-Spon ADR | Add +90.7% | 0.07% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +64.9% | 0.09% | +0.04 |
| AMAT Applied Materials Inc. | Add +128.2% | 0.05% | +0.04 |
| TXN Texas Instruments Inc. | Add +137.8% | 0.06% | +0.04 |
| VRT Vertiv Holdings Co. Class A | Add +156.4% | 0.05% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +30.4% | 0.10% | +0.03 |
| IEMG iShares Core MSCI Emerging | Add +37.2% | 0.11% | +0.03 |
| MU Micron Technology Inc. | Add +13.1% | 0.12% | +0.03 |
| MDA Mda Space Ltd. | New | 0.03% | +0.03 |
| KLAC KLA Corp. | Add +28.1% | 0.07% | +0.03 |
| FEZ State Street SPDR Euro Stoxx | Add +40.7% | 0.09% | +0.03 |
| TECK Teck Resources Ltd.-CLS B | Add +19.8% | 0.11% | +0.03 |
| IGV iShares Expanded Tech-Softwa | New | 0.03% | +0.03 |
| XLB SS Materials Select Sector | Add +799.7% | 0.03% | +0.02 |
| DBB Invesco DB Base Metals Fund | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | Add +31.9% | 0.05% | +0.02 |
| NFLX Netflix Inc. | Add +8.0% | 0.18% | +0.02 |
| CIBR First Trust Nasdaq Cybersecu | Add +238.8% | 0.03% | +0.02 |
| LNG Cheniere Energy Inc. | Add +27.9% | 0.04% | +0.02 |
| REMX Vaneck Rar Earth ND STG-Usdi | Add +579.3% | 0.02% | +0.02 |
| ETN Eaton Corp. PLC | Add +14.8% | 0.08% | +0.02 |
| NVS Novartis AG-Sponsored ADR | Add +52.8% | 0.05% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +37.9% | 0.13% | +0.02 |
| RTX RTX Corp. | Add +7.5% | 0.14% | +0.02 |
Notes & Other Activity Q4 2025 → Q1 2026
| XME SS SPDR S&P Metals Mining | ST STR SP METAL · principal | New | 41,136 | $4.4M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +0.1% | 1,011 | $1.2M |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | Sold out | 66,487 | $55Kbefore exit |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | Reduce -0.3% | 454,860 | $3K |
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 |