TD Asset Management Inc
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), TD Asset Management Inc reported 1,239 stock positions worth $113.0 billion. Its top holding was Apple (AAPL) at 4.1% of the portfolio, followed by Microsoft (MSFT, 3.5%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.4%). Compared with Q3 2024, it opened 50 new positions, sold out of 190, added to 633 and reduced 497. The biggest buy was Apple (AAPL, shares +4%) and the biggest sale Toronto-Dominion Bank (TD, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- Toronto, A6
- CIK
- 0001056053
- Portfolio Value
- $113.0B (Q4 2024)
- SEC Filing
- 0000950123-25-001601 ↗ filed Feb 11, 2025
Holdings Value
Holdings 1,239 stocks · $113.0B
| AAPL Apple Inc. | 4.10% | 18,504,403 | $4.6B | Add +3.5% |
| MSFT Microsoft Corp. | 3.53% | 9,461,884 | $4.0B | Reduce -1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.39% | 6,531,721 | $3.8B | Reduce -2.5% |
| RY Royal Bank of Canada | 3.33% | 31,237,938 | $3.8B | Reduce -0.1% |
| NVDA Nvidia Corp. | 3.32% | 27,947,960 | $3.8B | Reduce -0.7% |
| META Meta Platforms Inc. Class A | 1.87% | 3,618,903 | $2.1B | Add +3.5% |
| TD Toronto-Dominion Bank | 1.74% | 36,873,016 | $2.0B | Reduce -11.2% |
| AMZN Amazon.com Inc. | 1.66% | 8,546,690 | $1.9B | Add +2.5% |
| AVGO Broadcom Inc. | 1.62% | 7,892,675 | $1.8B | Reduce -3.7% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.51% | 17,615,141 | $1.7B | Add +2.8% |
| ENB Enbridge Inc. | 1.45% | 38,752,759 | $1.6B | Add +2.8% |
| CP Canadian Pacific Kansas City | 1.33% | 20,761,327 | $1.5B | Reduce -4.3% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 1.32% | 23,600,495 | $1.5B | Add +3.7% |
| BN Brookfield Corp. | 1.23% | 24,230,140 | $1.4B | Reduce -0.6% |
| CNQ Canadian Natural Resources | 1.16% | 42,504,611 | $1.3B | Add +0.2% |
| V Visa Inc. Class A | 1.06% | 3,788,279 | $1.2B | Add +1.6% |
| CNI Canadian Natl Railway Co. | 1.06% | 11,768,500 | $1.2B | Add +2.7% |
| JPM JPMorgan Chase & Co. | 1.05% | 4,959,479 | $1.2B | Add +3.0% |
| UNH Unitedhealth Group Inc. | 0.99% | 2,213,191 | $1.1B | Reduce -4.4% |
| COST Costco Wholesale Corp. | 0.97% | 1,198,192 | $1.1B | Add +0.5% |
| MFC Manulife Financial Corp. | 0.95% | 34,803,859 | $1.1B | Add +0.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.90% | 18,966,078 | $1.0B | Add +1.7% |
| SU Suncor Energy Inc. | 0.87% | 27,525,431 | $982.0M | Reduce -4.0% |
| LLY Eli Lilly & Co. | 0.86% | 1,257,737 | $971.0M | Reduce -7.8% |
| SHOP Shopify Inc. Class A | 0.85% | 9,044,000 | $962.0M | Add +0.2% |
| SLF Sun Life Financial Inc. | 0.83% | 15,725,658 | $933.2M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.82% | 4,906,176 | $928.7M | Add +0.0% |
| BAM Brookfield Asset Mgmt-A | 0.80% | 16,664,426 | $903.3M | Add +8.9% |
| GOOG Alphabet Inc. Class C | 0.70% | 4,158,317 | $791.9M | Reduce -8.3% |
| TRP TC Energy Corp. | 0.68% | 16,437,150 | $765.6M | Add +2.1% |
| TRI Thomson Reuters Corp. | 0.68% | 4,764,429 | $764.7M | Add +12.2% |
| AXP American Express Co. | 0.60% | 2,299,819 | $682.6M | Reduce -1.8% |
| ETN Eaton Corp. PLC | 0.57% | 1,935,890 | $642.5M | Add +5.9% |
| HD Home Depot Inc. | 0.57% | 1,644,440 | $639.7M | Add +4.0% |
| WCN Waste Connections Inc. | 0.56% | 3,698,507 | $634.2M | Add +1.8% |
| TSLA Tesla Inc. | 0.54% | 1,503,019 | $607.0M | Add +2.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.53% | 1,167,180 | $596.7M | Add +0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.52% | 4,837,972 | $584.5M | Add +3.8% |
| PG The Procter & Gamble Co. | 0.47% | 3,136,374 | $525.8M | Reduce -5.8% |
| TU Telus Corp. | 0.46% | 38,445,822 | $521.0M | Reduce -5.6% |
| CVE Cenovus Energy Inc. | 0.46% | 34,010,827 | $515.3M | Reduce -4.0% |
| TMUS T-Mobile US Inc. | 0.45% | 2,328,979 | $514.1M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.45% | 974,831 | $513.3M | Add +0.1% |
| NFLX Netflix Inc. | 0.45% | 575,367 | $512.8M | Reduce -2.6% |
| FTS Fortis Inc. | 0.45% | 12,266,121 | $509.4M | Add +1.4% |
| EFA iShares MSCI Eafe ETF | 0.44% | 6,568,314 | $496.6M | Reduce -7.3% |
| AEM Agnico Eagle Mines Ltd. | 0.44% | 6,324,291 | $494.5M | Add +2.8% |
| HLT Hilton Worldwide Holdings Inc. | 0.42% | 1,938,977 | $479.2M | Add +5.0% |
| ABBV Abbvie Inc. | 0.42% | 2,692,219 | $478.4M | Reduce -27.1% |
| XOM Exxon Mobil Corp. | 0.41% | 4,278,296 | $460.2M | Reduce -3.4% |
| SYK Stryker Corp. | 0.40% | 1,264,686 | $455.4M | Add +7.0% |
| MSI Motorola Solutions Inc. | 0.39% | 962,306 | $444.8M | Add +2.5% |
| PGR Progressive Corp. | 0.38% | 1,814,536 | $434.8M | Add +4.6% |
| APO Apollo Global Management Inc. | 0.36% | 2,473,237 | $408.5M | Add +13.6% |
| VRSK Verisk Analytics Inc. | 0.36% | 1,467,042 | $404.1M | Reduce -0.9% |
| WPM Wheaton Precious Metals Corp. | 0.36% | 7,156,818 | $402.6M | Add +9.7% |
| TT Trane Technologies PLC | 0.35% | 1,079,456 | $398.7M | Add +6.0% |
| LNG Cheniere Energy Inc. | 0.35% | 1,841,988 | $395.8M | Add +5.2% |
| SAP Sap SE-Sponsored ADR | 0.35% | 1,602,548 | $394.6M | Add +125.0% |
| BKLN Invesco Senior Loan ETF | 0.35% | 18,628,261 | $392.5M | New |
| MCD McDonald's Corp. | 0.33% | 1,297,910 | $376.3M | Add +6.2% |
| HWM Howmet Aerospace Inc. | 0.33% | 3,364,467 | $368.0M | Reduce -1.4% |
| RSG Republic Services Inc. | 0.32% | 1,818,945 | $365.9M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 797,830 | $361.6M | Reduce -4.2% |
| MCK McKesson Corp. | 0.31% | 623,572 | $355.4M | Reduce -0.6% |
| DHR Danaher Corp. | 0.31% | 1,545,548 | $354.8M | Reduce -13.8% |
| CRH CRH PLC | 0.30% | 3,654,094 | $338.1M | Add +9.9% |
| ANET Arista Networks Inc. | 0.30% | 3,058,689 | $338.1M | Reduce -7.0% |
| LIN Linde PLC | 0.29% | 784,622 | $328.5M | Reduce -4.2% |
| AMP Ameriprise Financial Inc. | 0.29% | 616,938 | $328.5M | Reduce -8.8% |
| QCOM Qualcomm Inc. | 0.28% | 2,084,382 | $320.2M | Reduce -6.6% |
| NOW ServiceNow Inc. | 0.28% | 297,404 | $315.3M | Add +2.1% |
| EWJ iShares MSCI Japan ETF | 0.28% | 4,681,483 | $314.1M | Add +0.2% |
| CL Colgate-Palmolive Co. | 0.28% | 3,435,113 | $312.3M | Add +4.9% |
| UNP Union Pacific Corp. | 0.27% | 1,316,608 | $300.2M | Add +4.2% |
| IMO Imperial Oil Ltd. | 0.26% | 4,825,945 | $297.3M | Add +2.3% |
| MCO Moody's Corp. | 0.25% | 606,711 | $287.2M | Add +21.4% |
| NEE Nextera Energy Inc. | 0.25% | 3,942,543 | $282.6M | Reduce -8.9% |
| PAYX Paychex Inc. | 0.24% | 1,974,289 | $276.8M | Reduce -7.0% |
| CRM Salesforce Inc. | 0.24% | 822,377 | $274.9M | Add +9.7% |
| LPLA LPL Financial Holdings Inc. | 0.24% | 841,219 | $274.7M | Reduce -7.2% |
| B Barrick Gold Corp. | 0.24% | 17,675,877 | $274.0M | Reduce -0.3% |
| CW Curtiss-Wright Corp. | 0.24% | 766,413 | $272.0M | Add +16.3% |
| EVR Evercore Inc. Class A | 0.23% | 956,327 | $265.1M | Reduce -9.6% |
| ZTS Zoetis Inc. | 0.23% | 1,618,309 | $263.7M | Reduce -4.7% |
| GIB Cgi Inc. | 0.23% | 2,383,862 | $260.7M | Add +3.5% |
| DECK Deckers Outdoor Corp. | 0.23% | 1,280,723 | $260.1M | Reduce -17.2% |
| YUM Yum! Brands Inc. | 0.23% | 1,926,790 | $258.5M | Reduce -6.0% |
| RCI Rogers Communications Inc. Class B | 0.23% | 8,385,573 | $257.7M | Reduce -16.9% |
| REGN Regeneron Pharmaceuticals | 0.23% | 359,389 | $256.0M | Add +8.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.22% | 892,709 | $253.4M | Add +11.6% |
| TMO Thermo Fisher Scientific Inc. | 0.22% | 486,198 | $252.9M | Reduce -12.8% |
| NTR Nutrien Ltd. | 0.22% | 5,615,681 | $251.2M | Add +7.4% |
| PBA Pembina Pipeline Corp. | 0.22% | 6,789,722 | $250.7M | Add +5.4% |
| AMAT Applied Materials Inc. | 0.22% | 1,538,743 | $250.2M | Add +0.9% |
| WMT Walmart Inc. | 0.22% | 2,759,169 | $249.3M | Add +1.1% |
| JNJ Johnson & Johnson | 0.22% | 1,718,120 | $248.5M | Reduce -2.5% |
| BIP Brookfield Infrastructure Pa | 0.22% | 7,749,703 | $246.1M | Reduce -3.1% |
| TECK Teck Resources Ltd.-CLS B | 0.21% | 5,973,390 | $242.1M | Add +0.7% |
| ISRG Intuitive Surgical Inc. | 0.21% | 461,639 | $241.0M | Reduce -1.3% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $13K (not counted above)
Total filed on the 13F, all lines: $113.0B.
Portfolio Sells Q3 2024 → Q4 2024
| TD Toronto-Dominion Bank | Reduce -11.2% | 1.74% | −0.59 |
| KLAC KLA Corp. | Reduce -60.6% | 0.16% | −0.34 |
| CP Canadian Pacific Kansas City | Reduce -4.3% | 1.33% | −0.31 |
| ABBV Abbvie Inc. | Reduce -27.1% | 0.42% | −0.21 |
| UNH Unitedhealth Group Inc. | Reduce -4.4% | 0.99% | −0.20 |
| LLY Eli Lilly & Co. | Reduce -7.8% | 0.86% | −0.20 |
| TU Telus Corp. | Reduce -5.6% | 0.46% | −0.14 |
| BCE Bce Inc. | Reduce -11.1% | 0.20% | −0.14 |
| RCI Rogers Communications Inc. Class B | Reduce -16.9% | 0.23% | −0.13 |
| DHR Danaher Corp. | Reduce -13.8% | 0.31% | −0.12 |
| RY Royal Bank of Canada | Reduce -0.1% | 3.33% | −0.11 |
| MSFT Microsoft Corp. | Reduce -1.5% | 3.53% | −0.10 |
| INTU Intuit Inc. | Reduce -53.7% | 0.08% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -7.3% | 0.44% | −0.09 |
| CRBG Corebridge Financial Inc. | Reduce -85.5% | 0.01% | −0.08 |
| TMO Thermo Fisher Scientific Inc. | Reduce -12.8% | 0.22% | −0.08 |
| B Barrick Gold Corp. | Reduce -0.3% | 0.24% | −0.07 |
| NEE Nextera Energy Inc. | Reduce -8.9% | 0.25% | −0.07 |
| HCA HCA Healthcare Inc. | Reduce -1.9% | 0.20% | −0.07 |
| AMD Advanced Micro Devices | Reduce -9.8% | 0.14% | −0.07 |
| HON Honeywell International Inc. | Reduce -55.2% | 0.07% | −0.07 |
| CVE Cenovus Energy Inc. | Reduce -4.0% | 0.46% | −0.07 |
| SU Suncor Energy Inc. | Reduce -4.0% | 0.87% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -41.3% | 0.05% | −0.06 |
| ZTS Zoetis Inc. | Reduce -4.7% | 0.23% | −0.06 |
| LIN Linde PLC | Reduce -4.2% | 0.29% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -6.6% | 0.28% | −0.05 |
| AMT American Tower Corp. | Reduce -40.8% | 0.05% | −0.05 |
| ELV Elevance Health Inc. | Reduce -17.0% | 0.07% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -10.2% | 0.17% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -3.4% | 0.41% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -5.8% | 0.47% | −0.04 |
| NVR NVR Inc. | Reduce -8.8% | 0.15% | −0.04 |
| ICLR Icon PLC | Reduce -87.9% | 0.00% | −0.04 |
| MCHP Microchip Technology Inc. | Reduce -8.1% | 0.08% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -4.9% | 0.21% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -36.8% | 0.08% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -14.6% | 0.09% | −0.04 |
| AMGN Amgen Inc. | Reduce -7.7% | 0.12% | −0.04 |
| ADBE Adobe Inc. | Reduce -3.1% | 0.20% | −0.04 |
| EXP Eagle Materials Inc. | Reduce -8.2% | 0.15% | −0.04 |
| HOLX Hologic Inc. | Reduce -17.9% | 0.10% | −0.04 |
| IDXX Idexx Laboratories Inc. | Reduce -7.1% | 0.10% | −0.03 |
| OXY Occidental Petroleum Corp. | Reduce -73.9% | 0.01% | −0.03 |
| MANH Manhattan Associates Inc. | Reduce -24.4% | 0.09% | −0.03 |
| BIP Brookfield Infrastructure Pa | Reduce -3.1% | 0.22% | −0.03 |
| JNJ Johnson & Johnson | Reduce -2.5% | 0.22% | −0.03 |
| CSL Carlisle Cos Inc. | Reduce -10.8% | 0.09% | −0.03 |
| AMPH Amphastar Pharmaceuticals Inc. | Reduce -13.8% | 0.06% | −0.03 |
| MOH Molina Healthcare Inc. | Reduce -27.7% | 0.05% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| AAPL Apple Inc. | Add +3.5% | 4.10% | +0.51 |
| BKLN Invesco Senior Loan ETF | New | 0.35% | +0.35 |
| AMZN Amazon.com Inc. | Add +2.5% | 1.66% | +0.28 |
| SHOP Shopify Inc. Class A | Add +0.2% | 0.85% | +0.22 |
| SAP Sap SE-Sponsored ADR | Add +125.0% | 0.35% | +0.21 |
| ARES Ares Management Corp. Class A | Add +4557.2% | 0.20% | +0.20 |
| TSLA Tesla Inc. | Add +2.5% | 0.54% | +0.20 |
| LRCX Lam Research Corp. | New | 0.17% | +0.17 |
| BAM Brookfield Asset Mgmt-A | Add +8.9% | 0.80% | +0.16 |
| JPM JPMorgan Chase & Co. | Add +3.0% | 1.05% | +0.16 |
| V Visa Inc. Class A | Add +1.6% | 1.06% | +0.15 |
| BMO Bank of Montreal | Add +2.8% | 1.51% | +0.14 |
| TRGP Targa Resources Corp. | Add +568.7% | 0.15% | +0.13 |
| META Meta Platforms Inc. Class A | Add +3.5% | 1.87% | +0.12 |
| APO Apollo Global Management Inc. | Add +13.6% | 0.36% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +0.0% | 0.82% | +0.11 |
| ENB Enbridge Inc. | Add +2.8% | 1.45% | +0.10 |
| IRM Iron Mountain Inc. | Add +125.4% | 0.18% | +0.09 |
| URI United Rentals Inc. | Add +207.8% | 0.15% | +0.09 |
| CM Can Imperial BK of Commerce | Add +3.7% | 1.32% | +0.09 |
| LNG Cheniere Energy Inc. | Add +5.2% | 0.35% | +0.07 |
| TXRH Texas Roadhouse Inc. | Add +5342.3% | 0.06% | +0.06 |
| CRM Salesforce Inc. | Add +9.7% | 0.24% | +0.06 |
| APP AppLovin Corp. Class A | Add +57.0% | 0.07% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +48.2% | 0.18% | +0.06 |
| NOW ServiceNow Inc. | Add +2.1% | 0.28% | +0.05 |
| CW Curtiss-Wright Corp. | Add +16.3% | 0.24% | +0.05 |
| MCO Moody's Corp. | Add +21.4% | 0.25% | +0.05 |
| HLT Hilton Worldwide Holdings Inc. | Add +5.0% | 0.42% | +0.04 |
| MFC Manulife Financial Corp. | Add +0.7% | 0.95% | +0.04 |
| VST Vistra Corp. | Add +17.4% | 0.15% | +0.04 |
| COST Costco Wholesale Corp. | Add +0.5% | 0.97% | +0.04 |
| TEL Te Connectivity PLC | New | 0.04% | +0.04 |
| ETN Eaton Corp. PLC | Add +5.9% | 0.57% | +0.04 |
| TRI Thomson Reuters Corp. | Add +12.2% | 0.68% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +13.6% | 0.07% | +0.04 |
| TJX TJX Companies Inc. | Add +3.8% | 0.52% | +0.03 |
| TMUS T-Mobile US Inc. | Add +0.1% | 0.45% | +0.03 |
| WFC Wells Fargo & Co. | Add +16.6% | 0.10% | +0.03 |
| GILD Gilead Sciences Inc. | Add +40.2% | 0.09% | +0.03 |
| MA Mastercard Inc. Class A | Add +0.1% | 0.45% | +0.03 |
| WMT Walmart Inc. | Add +1.1% | 0.22% | +0.03 |
| CRH CRH PLC | Add +9.9% | 0.30% | +0.03 |
| BKNG Booking Holdings Inc. | Add +2.7% | 0.16% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 0.53% | +0.03 |
| AJG Arthur J Gallagher & Co. | Add +11.6% | 0.22% | +0.03 |
| SYK Stryker Corp. | Add +7.0% | 0.40% | +0.03 |
| ROST Ross Stores Inc. | Add +30.4% | 0.11% | +0.03 |
| VIK Viking Holdings Ltd. | New | 0.03% | +0.03 |
| EPAM Epam Systems Inc. | Add +9.8% | 0.11% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| GHIXW Gores Holding Ix -CW24 | *W EXP 01/14/202 | Sold out | 500,000 | $38Kbefore exit |
| BLEUACACIA LTD | RIGHT 10/30/2026 | Sold out | 450,000 | $14Kbefore exit |
| BLEUACACIA LTD | *W EXP 10/30/202 | Sold out | 225,000 | $5Kbefore exit |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | Sold out | 175,000 | $4Kbefore exit |
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 | 1,211 | $115.4B | NVDA, RY, AAPL, TD, BMO |
| Q1 2026 | 1,225 | $123.2B | NVDA, RY, AAPL, TD, MSFT |
| Q4 2025 | 1,227 | $124.3B | RY, NVDA, AAPL, MSFT, TD |
| Q3 2025 | 1,230 | $123.1B | NVDA, MSFT, RY, AAPL, TD |
| Q2 2025 | 1,190 | $117.2B | MSFT, NVDA, RY, SPY, AAPL |
| Q1 2025 | 1,213 | $108.6B | AAPL, RY, SPY, MSFT, NVDA |
| Q4 2024 | 1,239 | $113.0B | AAPL, MSFT, SPY, RY, NVDA |
| Q3 2024 | 1,378 | $113.3B | MSFT, AAPL, RY, SPY, NVDA |
| Q2 2024 | 1,354 | $107.2B | MSFT, SPY, NVDA, AAPL, RY |
| Q1 2024 | 1,372 | $107.5B | MSFT, SPY, RY, NVDA, AAPL |