TD Asset Management Inc

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 1, 2024), TD Asset Management Inc reported 1,378 stock positions worth $113.3 billion. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by Apple (AAPL, 3.6%) and Royal Bank of Canada (RY, 3.4%). Compared with Q2 2024, it opened 84 new positions, sold out of 60, added to 613 and reduced 589. The biggest buy was Can Imperial BK of Commerce (CM, shares +9%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −98%).

Most Recent 13F
Q2 2026
Location
Toronto, A6
CIK
0001056053
Portfolio Value
$113.3B (Q3 2024)
SEC Filing
0000950123-24-010203 ↗ filed Nov 1, 2024

Holdings Value

0$50.0B$100.0B$150.0B Q1 2024: $107.5B Q1 2024 Q2 2024: $107.2B Q2 2024 Q3 2024: $113.3B $113.3B Q3 2024 Q4 2024: $113.0B Q4 2024 Q1 2025: $108.6B Q1 2025 Q2 2025: $117.2B Q2 2025 Q3 2025: $123.1B Q3 2025 Q4 2025: $124.3B Q4 2025 Q1 2026: $123.2B Q1 2026 Q2 2026: $115.4B Q2 2026

Holdings 1,378 stocks · $113.3B

MSFT Microsoft Corp. 3.63% 9,602,343 $4.1B Reduce -3.6%
AAPL Apple Inc. 3.59% 17,874,867 $4.1B Add +6.8%
RY Royal Bank of Canada 3.44% 31,279,442 $3.9B Reduce -2.7%
SPY SS SPDR S&P 500 ETF Trust-US 3.38% 6,699,366 $3.8B Reduce -4.5%
NVDA Nvidia Corp. 3.02% 28,148,069 $3.4B Reduce -4.2%
TD Toronto-Dominion Bank 2.33% 41,510,920 $2.6B Add +1.5%
META Meta Platforms Inc. Class A 1.75% 3,495,713 $2.0B Add +2.3%
CP Canadian Pacific Kansas City 1.64% 21,704,412 $1.9B Reduce -0.1%
AMZN Amazon.com Inc. 1.38% 8,342,459 $1.6B Reduce -0.4%
BMO Bank of Montreal filed as BANK MONTREAL QUE 1.37% 17,128,157 $1.6B Reduce -8.5%
ENB Enbridge Inc. 1.36% 37,711,960 $1.5B Add +1.9%
AVGO Broadcom Inc. 1.25% 8,197,589 $1.4B Reduce -7.1%
CNQ Canadian Natural Resources 1.25% 42,414,999 $1.4B Reduce -0.2%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 1.23% 22,749,331 $1.4B Add +9.0%
UNH Unitedhealth Group Inc. 1.19% 2,314,430 $1.3B Add +20.2%
CNI Canadian Natl Railway Co. 1.18% 11,459,290 $1.3B Add +0.0%
BN Brookfield Corp. 1.15% 24,370,865 $1.3B Reduce -2.1%
LLY Eli Lilly & Co. 1.06% 1,363,390 $1.2B Reduce -5.3%
SU Suncor Energy Inc. 0.93% 28,663,014 $1.1B Add +1.6%
COST Costco Wholesale Corp. 0.93% 1,192,071 $1.1B Reduce -3.6%
V Visa Inc. Class A 0.91% 3,729,886 $1.0B Reduce -7.3%
MFC Manulife Financial Corp. 0.90% 34,574,996 $1.0B Add +1.2%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.90% 18,657,241 $1.0B Add +0.1%
JPM JPMorgan Chase & Co. 0.89% 4,816,622 $1.0B Add +2.4%
SLF Sun Life Financial Inc. 0.81% 15,734,860 $912.2M Reduce -2.2%
GOOGL Alphabet Inc. Class A 0.71% 4,905,132 $804.2M Reduce -13.4%
TRP TC Energy Corp. 0.67% 16,092,665 $754.0M Reduce -1.7%
GOOG Alphabet Inc. Class C 0.66% 4,533,789 $749.4M Reduce -1.9%
BAM Brookfield Asset Mgmt-A 0.64% 15,305,300 $724.3M Add +12.9%
TRI Thomson Reuters Corp. 0.64% 4,247,824 $723.3M Add +4.3%
ABBV Abbvie Inc. 0.64% 3,694,780 $719.7M Add +4.1%
SHOP Shopify Inc. Class A 0.63% 9,024,787 $716.7M Add +4.2%
TU Telus Corp. 0.60% 40,717,252 $684.2M Reduce -2.4%
WCN Waste Connections Inc. 0.57% 3,632,712 $645.7M Reduce -0.5%
AXP American Express Co. 0.56% 2,342,420 $634.9M Reduce -3.4%
HD Home Depot Inc. 0.56% 1,581,764 $632.0M Reduce -17.0%
ETN Eaton Corp. PLC 0.53% 1,827,911 $600.4M Reduce -2.5%
EFA iShares MSCI Eafe ETF 0.52% 7,087,429 $594.8M Add +21.7%
CVE Cenovus Energy Inc. 0.52% 35,427,779 $590.9M Reduce -0.4%
PG The Procter & Gamble Co. 0.51% 3,331,066 $578.1M Reduce -10.5%
QQQ Invesco QQQ Trust Series 1 0.50% 1,164,738 $566.9M Add +0.1%
KLAC KLA Corp. 0.49% 715,151 $559.5M Reduce -16.6%
FTS Fortis Inc. 0.49% 12,092,895 $552.2M Reduce -0.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.48% 4,660,499 $547.6M Add +1.1%
XOM Exxon Mobil Corp. 0.45% 4,428,529 $512.9M Add +32.5%
AEM Agnico Eagle Mines Ltd. 0.45% 6,149,925 $504.6M Add +5.1%
DHR Danaher Corp. 0.44% 1,793,635 $494.0M Add +32.0%
MA Mastercard Inc. Class A 0.42% 974,263 $480.9M Reduce -1.0%
TMUS T-Mobile US Inc. 0.42% 2,326,690 $477.4M Add +1.4%
PGR Progressive Corp. 0.38% 1,735,022 $435.7M Add +3.2%
HLT Hilton Worldwide Holdings Inc. 0.38% 1,847,033 $432.9M Reduce -14.4%
SYK Stryker Corp. 0.38% 1,182,380 $426.0M Reduce -16.1%
MSI Motorola Solutions Inc. 0.37% 938,598 $419.0M Reduce -0.4%
NFLX Netflix Inc. 0.37% 590,654 $417.8M Reduce -1.6%
WPM Wheaton Precious Metals Corp. 0.36% 6,527,075 $408.8M Add +9.7%
RCI Rogers Communications Inc. Class B 0.36% 10,094,271 $407.4M Reduce -11.0%
LIN Linde PLC 0.35% 818,936 $392.7M Reduce -18.4%
VRSK Verisk Analytics Inc. 0.35% 1,481,152 $391.4M Reduce -1.4%
TT Trane Technologies PLC 0.35% 1,018,470 $391.0M Reduce -4.1%
TSLA Tesla Inc. 0.34% 1,466,247 $381.9M Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 0.34% 832,902 $381.0M Add +6.2%
QCOM Qualcomm Inc. 0.34% 2,232,079 $379.7M Add +2.5%
BCE Bce Inc. 0.33% 10,756,094 $379.2M Reduce -0.9%
MCD McDonald's Corp. 0.33% 1,222,370 $371.2M Add +30.3%
RSG Republic Services Inc. 0.32% 1,844,953 $367.8M Add +5.0%
NEE Nextera Energy Inc. 0.32% 4,328,411 $365.9M Add +6.7%
B Barrick Gold Corp. 0.32% 17,727,665 $359.7M Add +2.8%
REGN Regeneron Pharmaceuticals 0.30% 330,067 $344.2M Reduce -6.1%
TMO Thermo Fisher Scientific Inc. 0.30% 557,828 $342.7M Reduce -7.4%
CL Colgate-Palmolive Co. 0.30% 3,273,311 $339.3M Add +176.3%
HWM Howmet Aerospace Inc. 0.30% 3,413,629 $338.7M Add +8.3%
EWJ iShares MSCI Japan ETF 0.29% 4,670,275 $332.0M Add +99.2%
IMO Imperial Oil Ltd. 0.29% 4,719,975 $331.9M Add +24.3%
ZTS Zoetis Inc. 0.29% 1,697,469 $330.7M Add +1.1%
AMP Ameriprise Financial Inc. 0.28% 676,294 $316.9M Reduce -2.9%
LNG Cheniere Energy Inc. 0.28% 1,750,434 $314.4M Add +12.1%
ANET Arista Networks Inc. 0.28% 822,426 $312.7M Reduce -7.6%
AMAT Applied Materials Inc. 0.28% 1,525,076 $312.5M Add +1.7%
TECK Teck Resources Ltd.-CLS B 0.28% 5,932,309 $311.9M Add +19.8%
UNP Union Pacific Corp. 0.27% 1,263,448 $308.6M Reduce -2.9%
CRH CRH PLC 0.27% 3,325,633 $307.4M Add +12.9%
MCK McKesson Corp. 0.27% 627,291 $306.3M Reduce -10.6%
HCA HCA Healthcare Inc. 0.27% 756,835 $305.2M Add +2.1%
YUM Yum! Brands Inc. 0.25% 2,049,482 $286.8M Reduce -1.0%
MRK Merck & Co. Inc. 0.25% 2,506,547 $285.0M Reduce -51.7%
JNJ Johnson & Johnson 0.25% 1,762,956 $284.5M Add +6.3%
PAYX Paychex Inc. 0.25% 2,124,134 $282.5M Add +1.0%
BIP Brookfield Infrastructure Pa 0.25% 7,996,393 $282.4M Add +0.1%
APO Apollo Global Management Inc. 0.24% 2,176,286 $273.8M Reduce -19.3%
ADBE Adobe Inc. 0.24% 531,121 $273.8M Reduce -3.4%
EVR Evercore Inc. Class A 0.24% 1,057,730 $268.8M Add +2.6%
PBA Pembina Pipeline Corp. 0.23% 6,441,850 $266.0M Add +35.3%
GIB Cgi Inc. 0.23% 2,302,422 $263.6M Add +4.5%
QSR Restaurant Brands Intern 0.23% 3,603,913 $257.6M Reduce -24.8%
DPZ Domino's Pizza Inc. 0.23% 599,614 $257.3M Add +5.2%
NOW ServiceNow Inc. 0.23% 291,363 $256.9M Add +1.6%
NTR Nutrien Ltd. 0.22% 5,230,065 $252.9M Reduce -18.9%
ACN Accenture PLC Class A 0.22% 712,754 $249.3M Reduce -2.5%
MGA Magna International Inc. 0.22% 5,807,306 $248.7M Reduce -6.7%
PCAR Paccar Inc. 0.22% 2,516,926 $247.0M Add +1.4%

Show all 1,378 holdings

Other holdings (7): bonds, preferreds, convertibles and warrants · $70K (not counted above)
SecurityClassShares / PrincipalValueChange
GHIXW Gores Holding Ix -CW24 *W EXP 01/14/202 500,000$38KNo change
BLEUACACIA LTD RIGHT 10/30/2026 450,000$14KNo change
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 40,636$6KNo change
BLEUACACIA LTD *W EXP 10/30/202 225,000$5KNo change
JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 175,000$4KNo change
WGSWW Genedx Holdings Corp. *W EXP 07/22/202 34,884$2KNo change
SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 180,000$1KNo change

Total filed on the 13F, all lines: $113.3B.

Portfolio Sells Q2 2024 → Q3 2024

TLT iShares 20+ Year Treasury BD Reduce -97.7% 0.02% −0.65
MSFT Microsoft Corp. Reduce -3.6% 3.63% −0.52
NVDA Nvidia Corp. Reduce -4.2% 3.02% −0.37
MRK Merck & Co. Inc. Reduce -51.7% 0.25% −0.35
LRCX Lam Research Corp. Sold out 0.00% −0.32
GOOGL Alphabet Inc. Class A Reduce -13.4% 0.71% −0.25
COP Conocophillips Reduce -66.8% 0.08% −0.20
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.5% 3.38% −0.18
CNQ Canadian Natural Resources Reduce -0.2% 1.25% −0.17
KLAC KLA Corp. Reduce -16.6% 0.49% −0.17
LLY Eli Lilly & Co. Reduce -5.3% 1.06% −0.16
CVE Cenovus Energy Inc. Reduce -0.4% 0.52% −0.13
GOOG Alphabet Inc. Class C Reduce -1.9% 0.66% −0.13
AMZN Amazon.com Inc. Reduce -0.4% 1.38% −0.13
MCK McKesson Corp. Reduce -10.6% 0.27% −0.11
VST Vistra Corp. Reduce -62.5% 0.11% −0.11
CRBG Corebridge Financial Inc. Reduce -47.6% 0.10% −0.10
VEEV Veeva Systems Inc. Class A Reduce -59.4% 0.08% −0.10
INTU Intuit Inc. Reduce -27.0% 0.18% −0.09
BMO Bank of Montreal Reduce -8.5% 1.37% −0.09
QSR Restaurant Brands Intern Reduce -24.8% 0.23% −0.09
NTR Nutrien Ltd. Reduce -18.9% 0.22% −0.08
TTC Toro Co. Reduce -98.2% 0.00% −0.08
V Visa Inc. Class A Reduce -7.3% 0.91% −0.08
SYK Stryker Corp. Reduce -16.1% 0.38% −0.07
AVGO Broadcom Inc. Reduce -7.1% 1.25% −0.07
SSTK Shutterstock Inc. Sold out 0.00% −0.06
LIN Linde PLC Reduce -18.4% 0.35% −0.06
PG The Procter & Gamble Co. Reduce -10.5% 0.51% −0.06
APH Amphenol Corp. Class A Reduce -15.0% 0.22% −0.06
EW Edwards Lifesciences Corp. Reduce -23.3% 0.06% −0.06
HLT Hilton Worldwide Holdings Inc. Reduce -14.4% 0.38% −0.06
APO Apollo Global Management Inc. Reduce -19.3% 0.24% −0.06
HD Home Depot Inc. Reduce -17.0% 0.56% −0.05
MEDP Medpace Holdings Inc. Reduce -1.6% 0.15% −0.05
COST Costco Wholesale Corp. Reduce -3.6% 0.93% −0.05
K Kellanova Reduce -72.3% 0.03% −0.05
WFC Wells Fargo & Co. Reduce -31.4% 0.07% −0.04
ADBE Adobe Inc. Reduce -3.4% 0.24% −0.04
REGN Regeneron Pharmaceuticals Reduce -6.1% 0.30% −0.04
CRWD CrowdStrike Holdings Inc. Class A Reduce -31.7% 0.04% −0.04
WST West Pharmaceutical Services Reduce -15.2% 0.12% −0.04
HALO Halozyme Therapeutics Inc. Reduce -34.5% 0.08% −0.04
NTAP Netapp Inc. Reduce -4.8% 0.20% −0.04
DECK Deckers Outdoor Corp. Reduce -7.9% 0.22% −0.04
LOGI Logitech International-Reg Reduce -81.2% 0.01% −0.03
CDNS Cadence Design SYS Inc. Reduce -13.5% 0.09% −0.03
NVO Novo-Nordisk A/S-Spons ADR Reduce -3.9% 0.11% −0.03
CVX Chevron Corp. Reduce -12.0% 0.11% −0.03
VRSK Verisk Analytics Inc. Reduce -1.4% 0.35% −0.03

Portfolio Buys Q2 2024 → Q3 2024

CM Can Imperial BK of Commerce Add +9.0% 1.23% +0.31
AAPL Apple Inc. Add +6.8% 3.59% +0.30
UNH Unitedhealth Group Inc. Add +20.2% 1.19% +0.27
TD Toronto-Dominion Bank Add +1.5% 2.33% +0.23
CL Colgate-Palmolive Co. Add +176.3% 0.30% +0.19
MCO Moody's Corp. Add +612.6% 0.21% +0.18
CW Curtiss-Wright Corp. Add +738.3% 0.19% +0.17
BAM Brookfield Asset Mgmt-A Add +12.9% 0.64% +0.16
EZU iShares MSCI Eurozone ETF Add +292.6% 0.21% +0.16
EWJ iShares MSCI Japan ETF Add +99.2% 0.29% +0.14
META Meta Platforms Inc. Class A Add +2.3% 1.75% +0.14
SAP Sap SE-Sponsored ADR Add +4612.8% 0.14% +0.14
ENB Enbridge Inc. Add +1.9% 1.36% +0.13
RSP Invesco S&P 500 Equal Weight New 0.12% +0.12
DHR Danaher Corp. Add +32.0% 0.44% +0.12
MCD McDonald's Corp. Add +30.3% 0.33% +0.10
BNS Bank of Nova Scotia Add +0.1% 0.90% +0.10
EFA iShares MSCI Eafe ETF Add +21.7% 0.52% +0.10
SHOP Shopify Inc. Class A Add +4.2% 0.63% +0.10
XOM Exxon Mobil Corp. Add +32.5% 0.45% +0.09
EME Emcor Group Inc. Add +3556.9% 0.09% +0.09
AEM Agnico Eagle Mines Ltd. Add +5.1% 0.45% +0.09
GE General Electric Add +95.2% 0.15% +0.08
HWM Howmet Aerospace Inc. Add +8.3% 0.30% +0.07
PBA Pembina Pipeline Corp. Add +35.3% 0.23% +0.07
WPM Wheaton Precious Metals Corp. Add +9.7% 0.36% +0.07
MGY Magnolia Oil & Gas Corp. Class A Add +2460.1% 0.07% +0.07
ABBV Abbvie Inc. Add +4.1% 0.64% +0.07
WMS Advanced Drainage Systems Inc. New 0.07% +0.07
IRM Iron Mountain Inc. Add +219.2% 0.09% +0.07
CRH CRH PLC Add +12.9% 0.27% +0.07
PGR Progressive Corp. Add +3.2% 0.38% +0.06
MFC Manulife Financial Corp. Add +1.2% 0.90% +0.06
NEE Nextera Energy Inc. Add +6.7% 0.32% +0.05
TECK Teck Resources Ltd.-CLS B Add +19.8% 0.28% +0.05
IMO Imperial Oil Ltd. Add +24.3% 0.29% +0.05
B Barrick Gold Corp. Add +2.8% 0.32% +0.05
HCA HCA Healthcare Inc. Add +2.1% 0.27% +0.05
FANG Diamondback Energy Inc. Add +283.1% 0.07% +0.05
AMT American Tower Corp. Add +70.9% 0.10% +0.05
BIP Brookfield Infrastructure Pa Add +0.1% 0.25% +0.04
TMUS T-Mobile US Inc. Add +1.4% 0.42% +0.04
T AT&T Inc. Add +32.5% 0.14% +0.04
BRK.B Berkshire Hathaway Inc. Class B Add +6.2% 0.34% +0.04
EVR Evercore Inc. Class A Add +2.6% 0.24% +0.04
FICO Fair Isaac Corp. Add +17.5% 0.11% +0.03
SBUX Starbucks Corp. Add +2.3% 0.19% +0.03
CMG Chipotle Mexican Grill Inc. Add +50.0% 0.12% +0.03
POST Post Holdings Inc. Add +1050.0% 0.03% +0.03
GIB Cgi Inc. Add +4.5% 0.23% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,211$115.4BNVDA, RY, AAPL, TD, BMO
Q1 2026 1,225$123.2BNVDA, RY, AAPL, TD, MSFT
Q4 2025 1,227$124.3BRY, NVDA, AAPL, MSFT, TD
Q3 2025 1,230$123.1BNVDA, MSFT, RY, AAPL, TD
Q2 2025 1,190$117.2BMSFT, NVDA, RY, SPY, AAPL
Q1 2025 1,213$108.6BAAPL, RY, SPY, MSFT, NVDA
Q4 2024 1,239$113.0BAAPL, MSFT, SPY, RY, NVDA
Q3 2024 1,378$113.3BMSFT, AAPL, RY, SPY, NVDA
Q2 2024 1,354$107.2BMSFT, SPY, NVDA, AAPL, RY
Q1 2024 1,372$107.5BMSFT, SPY, RY, NVDA, AAPL