Toronto-Dominion BankTD
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 801 institutions reported holding Toronto-Dominion Bank (TD) in their 13F filings, up 93 from Q3 2025. 93 opened new positions and 34 sold out. The largest holders were Royal Bank of Canada ($11.4B), Vanguard Group Inc. ($7.3B) and Bank of Montreal ($6.6B). 7 famous investors held it, including Jeremy Grantham (0.4% of GMO's portfolio), Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).
- Company
- Toronto-Dominion Bank
- CUSIP
- 891160509
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 93 | $153.8M |
| Exits | 34 | $148.5M |
All 13F filers, Q3 2025 → Q4 2025: 43,353,100 shares bought and 63,649,639 shares sold, net −20,296,539 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 801 holders
| Royal Bank of Canada | 2.01% | Reduce -15.4% | 121,337,794 | $11.4B |
| Vanguard Group Inc. | 0.11% | Add +1.0% | 77,252,688 | $7.3B |
| Bank of Montreal | 2.71% | Reduce 0.0% | 69,777,906 | $6.6B |
| Cibc World Market Inc. | 6.52% | Reduce -2.9% | 38,666,316 | $3.6B |
| TD Asset Management Inc | 2.85% | Reduce -0.0% | 37,596,747 | $3.5B |
| 1832 Asset Management L.P. | 3.88% | Add +46.2% | 32,289,612 | $3.0B |
| FIL Ltd | 2.19% | Reduce -14.4% | 30,980,425 | $2.9B |
| Mackenzie Financial Corp. | 2.86% | Reduce -0.2% | 25,536,772 | $2.4B |
| National Bank of Canada | 2.48% | Reduce -14.4% | 25,630,670 | $2.4B |
| Norges Bank | 0.23% | — | 22,556,669 | $2.1B |
| Bank of Nova Scotia | 2.73% | Add +6.8% | 19,486,741 | $1.8B |
| Geode Capital Management, LLC | 0.10% | Add +6.1% | 16,747,071 | $1.6B |
| Manufacturers Life Insurance Company, The | 1.33% | Add +10.6% | 17,014,836 | $1.6B |
| Massachusetts Financial Services Co. | 0.46% | Add +25.9% | 15,210,762 | $1.4B |
| CIBC Asset Management Inc | 3.23% | Reduce -9.2% | 14,153,384 | $1.3B |
| Canada Pension Plan Investment Board | 0.85% | Add +25.4% | 13,523,256 | $1.3B |
| Healthcare of Ontario Pension Plan Trust Fund | 1.91% | Add +41.6% | 11,899,945 | $1.1B |
| FMR LLC | 0.05% | Add +2.3% | 11,140,693 | $1.0B |
| Scotia Capital Inc. | 4.05% | Reduce -0.6% | 10,685,530 | $1.0B |
| Legal & General Group Plc | 0.21% | Add +4.3% | 10,148,324 | $957.7M |
| Federation des caisses Desjardins du Quebec | 3.57% | Reduce -1.0% | 9,911,821 | $934.1M |
| TD Waterhouse Canada Inc. | 5.44% | Reduce -0.1% | 9,282,285 | $874.3M |
| Connor, Clark & Lunn Investment Management Ltd. | 2.25% | Reduce -9.8% | 9,120,801 | $859.6M |
| Acadian Asset Management LLC | 1.35% | Add +129.0% | 8,692,670 | $820.3M |
| Beutel, Goodman & Co Ltd. | 4.65% | Reduce -37.1% | 8,012,730 | $756.2M |
| JPMorgan Chase & Co. | 0.04% | Reduce -8.5% | 7,010,236 | $660.4M |
| Dimensional Fund Advisors LP | 0.14% | Add +0.1% | 6,976,666 | $657.2M |
| Capital Research Global Investors | 0.10% | Add +0.3% | 5,711,002 | $538.2M |
| Morgan Stanley | 0.03% | Add +5.2% | 5,286,308 | $498.0M |
| Invesco Ltd. | 0.04% | Add +9.7% | 4,986,602 | $469.7M |
| Charles Schwab Investment Management Inc. | 0.07% | Reduce -0.4% | 4,955,985 | $467.7M |
| Deutsche Bank AG | 0.14% | Reduce -21.5% | 4,698,132 | $442.6M |
| Bank of America Corp. | 0.03% | Reduce -22.2% | 4,609,133 | $434.2M |
| Goldman Sachs Group Inc. | 0.06% | Reduce -50.5% | 4,133,158 | $389.3M |
| Agf Management Ltd. | 1.44% | Reduce -9.8% | 3,042,610 | $331.0M |
| Amundi | 0.10% | Add +27.3% | 3,448,492 | $324.9M |
| Picton Mahoney Asset Management | 3.51% | Add +4.5% | 3,396,972 | $320.6M |
| Alberta Investment Management Corp | 2.00% | Add +31.0% | 3,181,800 | $299.9M |
| State Street Corp. | 0.01% | Reduce -2.9% | 2,861,077 | $269.5M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 1.41% | Reduce -28.7% | 2,829,431 | $266.7M |
| Letko, Brosseau & Associates Inc. | 4.24% | Reduce -9.5% | 2,742,748 | $258.8M |
| Mufg Securities (canada), LTD. | 6.77% | Reduce -9.0% | 2,583,057 | $243.5M |
| Toronto Dominion Bank | 0.42% | Add +14.8% | 2,489,237 | $234.6M |
| UBS Group AG | 0.04% | Reduce -41.4% | 2,323,156 | $218.8M |
| Intact Investment Management Inc. | 6.26% | Add +4.7% | 2,309,626 | $217.7M |
| Public Sector Pension Investment Board | 0.72% | Reduce -8.0% | 2,278,633 | $214.8M |
| Caisse de depot et placement du Quebec | 0.36% | Reduce -4.1% | 2,262,489 | $213.5M |
| Clearbridge Investments, LLC | 0.16% | Reduce -12.1% | 2,086,930 | $196.6M |
| Skandinaviska Enskilda Banken AB (publ) | 0.72% | Add +3.6% | 1,912,794 | $180.2M |
| BlackRock, Inc. | 0.00% | Reduce -5.0% | 1,904,754 | $179.4M |
| OMERS ADMINISTRATION Corp | 1.25% | Reduce -10.0% | 1,857,367 | $175.3M |
| GMO | 0.45% | Add +20.4% | 1,845,845 | $174.2M |
| Addenda Capital Inc. | 4.95% | Reduce -1.7% | 1,303,135 | $168.6M |
| Aviso Financial Inc. | 6.06% | Add +1.9% | 1,691,007 | $159.4M |
| Bank of New York Mellon Corp | 0.03% | Reduce -2.4% | 1,665,402 | $156.9M |
| Dixon Mitchell Investment Counsel Inc. | 4.99% | Reduce -3.0% | 1,602,059 | $151.2M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 10.30% | Reduce -18.9% | 1,593,176 | $150.2M |
| Alliancebernstein L.P. | 0.04% | Add +747.9% | 1,479,170 | $139.3M |
| Nuveen, LLC | 0.04% | Add +22.2% | 1,466,819 | $138.4M |
| Aviva PLC | 0.23% | Add +5.4% | 1,467,456 | $138.4M |
| AQR Capital Management | 0.07% | Add +1443.3% | 1,449,855 | $136.6M |
| Guardian Capital LP | 3.69% | Add +66.3% | 1,319,972 | $124.5M |
| Russell Investments Group, Ltd. | 0.14% | Add +18.1% | 1,312,821 | $124.1M |
| Natixis Advisors, LLC | 0.17% | Add +1329.3% | 1,283,296 | $120.9M |
| Northern Trust Corp. | 0.02% | Reduce -2.9% | 1,283,117 | $120.9M |
| Quadrature Capital Ltd | 1.16% | Reduce -50.7% | 1,207,849 | $114.0M |
| Hillsdale Investment Management Inc. | 3.04% | Add +7.3% | 1,166,579 | $110.1M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 9.11% | Reduce -8.5% | 829,383 | $107.3M |
| Clark Capital Management Group, Inc. | 0.66% | Add +0.1% | 1,134,830 | $106.9M |
| State of Tennessee, Department of Treasury | 0.29% | Reduce -3.8% | 958,040 | $90.0M |
| Korea Investment CORP | 0.18% | Add +0.5% | 953,530 | $90.0M |
| Franklin Resources Inc. | 0.02% | Add +11.4% | 952,985 | $89.8M |
| Pictet Asset Management Holding SA | 0.09% | Reduce -4.1% | 942,536 | $88.9M |
| CANADA LIFE ASSURANCE Co | 0.15% | Add +0.1% | 922,186 | $87.0M |
| Arrowstreet Capital, Limited Partnership | 0.05% | Reduce -49.4% | 892,099 | $84.1M |
| Millennium Management | 0.06% | Add +871.5% | 824,890 | $77.7M |
| Citigroup Inc. | 0.05% | Reduce -12.0% | 823,459 | $77.7M |
| DekaBank Deutsche Girozentrale | 0.13% | No change | 1,141,081 | $74.1M |
| Bank of Nova Scotia Trust Co. | 6.23% | Add +1.9% | 759,986 | $71.6M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.15% | Add +0.8% | 725,955 | $68.5M |
| Guardian Partners Inc. | 5.46% | Add +8.9% | 716,017 | $68.1M |
| Canoe Financial LP | 0.92% | Reduce -14.6% | 721,113 | $68.0M |
| Northwest & Ethical Investments L.P. | 1.52% | Add +2.4% | 717,434 | $67.7M |
| Bessemer Group Inc. | 0.10% | Reduce -2.2% | 688,990 | $65.0M |
| Public Employees Retirement System of Ohio | 0.19% | Add +5.1% | 647,063 | $61.1M |
| State of Wisconsin Investment Board | 0.13% | New | 634,563 | $59.9M |
| UniSuper Management Pty Ltd | 0.35% | Add +1.3% | 447,538 | $57.9M |
| Delaney Capital Management Ltd. | 8.91% | — | 569,504 | $53.8M |
| First Trust Advisors LP | 0.04% | Reduce -1.1% | 561,861 | $52.9M |
| Renaissance Technologies | 0.08% | Reduce -45.0% | 528,080 | $49.7M |
| American Century Companies Inc. | 0.02% | Add +44.1% | 512,138 | $48.3M |
| Royal London Asset Management Ltd. | 0.10% | Add +2.2% | 506,456 | $47.7M |
| Purpose Unlimited Inc. | 2.20% | — | 503,859 | $47.5M |
| Neuberger Berman Group LLC | 0.03% | Add +2.7% | 496,364 | $46.8M |
| QV Investors Inc. | 3.64% | Reduce -7.2% | 471,076 | $44.5M |
| Intech Investment Management LLC | 0.38% | Add +326.6% | 451,359 | $42.6M |
| Advisors Capital Management, LLC | 0.49% | Add +2.7% | 437,323 | $41.2M |
| Lansforsakringar Fondforvaltning AB (publ) | 0.19% | Add +2.4% | 399,967 | $37.7M |
| Mn Services Vermogensbeheer B.V. | 0.23% | Add +15.2% | 395,990 | $37.4M |
| Woodbridge Co Ltd | 0.09% | No change | 388,202 | $36.6M |
"% of holder's portfolio" is TD's weight in each manager's 13F, not the share of Toronto-Dominion Bank the manager owns.