Who owns TD
Which tracked institutional funds hold TD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TD company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on TD is one-sided between 2026-Q1 and 2026-Q2: 336 added or opened and 81 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TD’s largest tracked holder by dollar value, ROYAL BANK OF CANADA, sizes it at 2.2% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 1.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TD divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 859 tracked filers holding TD, 372 increased or opened the position and 382 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TD between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 28
- MUFG Securities EMEA plc$85M
- Polar Asset Management Partners Inc.$79M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$69M
- Nykredit A/S$47M
- Jupiter Topco LLC$26M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$14M
Full exits 48
- Beutel, Goodman & Co Ltd.$687M
- ACADIAN ASSET MANAGEMENT LLC$510M
- Amundi$290M
- NATIXIS ADVISORS, LLC$131M
- Quadrature Capital Ltd$120M
- DekaBank Deutsche Girozentrale$108M
Largest adds
- ROYAL BANK OF CANADA$2.3B
- MACKENZIE FINANCIAL CORP$1.7B
- VANGUARD CAPITAL MANAGEMENT LLC$1.5B
- NORGES BANK$1.2B
- FIL Ltd$1.2B
- NATIONAL BANK OF CANADA /FI/$761M
Largest trims
- TD Asset Management Inc$403M
- SEB Asset Management AB$38M
- Qube Research & Technologies Ltd$33M
- Invesco Ltd.$28M
- Crossmark Global Holdings, Inc.$13M
- D. E. Shaw & Co., Inc.$8M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ROYAL BANK OF CANADA trimmed | 106,815,681 | $13.0B | 14.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 62,731,681 | $7.6B | 8.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 50,840,223 | $6.2B | 6.7% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 36,191,962 | $4.4B | 4.8% | 2026-Q2 |
| FIL Ltd added | 30,466,572 | $3.7B | 4.0% | 2026-Q2 |
| 1832 Asset Management L.P. trimmed | 28,083,509 | $3.4B | 3.7% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 27,343,546 | $3.3B | 3.6% | 2026-Q2 |
| TD Asset Management Inc trimmed | 25,526,617 | $3.1B | 3.4% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 22,892,530 | $3.9B | 4.3% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 20,259,577 | $2.5B | 2.7% | 2026-Q2 |
| NORGES BANK trimmed | 20,021,693 | $2.4B | 2.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 19,240,331 | $2.4B | 2.6% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 16,944,405 | $2.1B | 2.2% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 14,821,204 | $1.8B | 2.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 12,842,706 | $1.6B | 1.7% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 12,683,729 | $1.5B | 1.7% | 2026-Q2 |
| CIBC Asset Management Inc added | 12,662,025 | $1.5B | 1.7% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 11,947,977 | $1.5B | 1.6% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 11,854,139 | $1.4B | 1.6% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 11,159,532 | $1.5B | 1.6% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec added | 10,284,968 | $1.2B | 1.3% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 10,259,435 | $1.2B | 1.3% | 2026-Q2 |
| Legal & General Group Plc trimmed | 10,216,647 | $1.2B | 1.3% | 2026-Q2 |
| FMR LLC trimmed | 10,130,249 | $1.2B | 1.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 8,180,040 | $984M | 1.1% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 7,764,118 | $943M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 7,663,475 | $931M | 1.0% | 2026-Q2 |
| MORGAN STANLEY added | 6,204,062 | $753M | 0.8% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 5,667,809 | $688M | 0.7% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 5,234,126 | $636M | 0.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 5,099,275 | $620M | 0.7% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 4,578,596 | $555M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 4,485,484 | $545M | 0.6% | 2026-Q2 |
| UBS Group AG added | 4,007,209 | $487M | 0.5% | 2026-Q2 |
| Invesco Ltd. trimmed | 3,777,066 | $459M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 3,630,158 | $441M | 0.5% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 3,461,167 | $421M | 0.5% | 2026-Q2 |
| Alberta Investment Management Corp trimmed | 3,445,718 | $418M | 0.5% | 2026-Q2 |
| OMERS ADMINISTRATION Corp added | 3,309,223 | $402M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board added | 3,219,104 | $391M | 0.4% | 2026-Q2 |
| Caisse de depot et placement du Quebec added | 2,995,594 | $364M | 0.4% | 2026-Q2 |
| Capital Research Global Investors added | 2,957,960 | $360M | 0.4% | 2026-Q2 |
| STATE STREET CORP trimmed | 2,802,720 | $340M | 0.4% | 2026-Q2 |
| Fiera Capital Corp added | 2,642,663 | $321M | 0.3% | 2026-Q2 |
| AGF MANAGEMENT LTD trimmed | 2,510,292 | $363M | 0.4% | 2026-Q2 |
| LETKO, BROSSEAU & ASSOCIATES INC trimmed | 2,393,682 | $291M | 0.3% | 2026-Q2 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 2,364,122 | $287M | 0.3% | 2026-Q2 |
| BlackRock, Inc. added | 1,916,241 | $233M | 0.3% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 1,746,571 | $211M | 0.2% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC trimmed | 1,731,101 | $210M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,670,919 | $203M | 0.2% | 2026-Q2 |
| Aviso Financial Inc. trimmed | 1,608,236 | $195M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,602,333 | $150M | 0.2% | 2026-Q2 |
| Dixon Mitchell Investment Counsel Inc. added | 1,591,641 | $194M | 0.2% | 2026-Q2 |
| AVIVA PLC added | 1,514,831 | $184M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 1,489,677 | $180M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,469,611 | $178M | 0.2% | 2026-Q2 |
| Nuveen, LLC trimmed | 1,449,472 | $176M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,317,944 | $160M | 0.2% | 2026-Q2 |
| Scheer, Rowlett & Associates Investment Management Ltd. trimmed | 1,310,657 | $159M | 0.2% | 2026-Q2 |
| Addenda Capital Inc. trimmed | 1,294,228 | $223M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 1,248,989 | $152M | 0.2% | 2026-Q2 |
| GUARDIAN CAPITAL LP trimmed | 1,237,833 | $150M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 1,169,642 | $142M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 1,168,490 | $142M | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 1,122,074 | $134M | 0.1% | 2026-Q2 |
| Korea Investment CORP added | 1,098,647 | $134M | 0.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 1,034,827 | $126M | 0.1% | 2026-Q2 |
| INTACT INVESTMENT MANAGEMENT INC. trimmed | 1,023,826 | $124M | 0.1% | 2026-Q2 |
| Hillsdale Investment Management Inc. trimmed | 1,019,172 | $124M | 0.1% | 2026-Q2 |
| State of Tennessee, Department of Treasury added | 954,371 | $116M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 944,156 | $115M | 0.1% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 901,578 | $110M | 0.1% | 2026-Q2 |
| Alyeska Investment Group, L.P. trimmed | 859,024 | $104M | 0.1% | 2026-Q2 |
| Clark Capital Management Group, Inc. trimmed | 841,705 | $102M | 0.1% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD added | 841,636 | $102M | 0.1% | 2026-Q2 |
| SEB Asset Management AB trimmed | 831,989 | $101M | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 815,280 | $99M | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 807,758 | $98M | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. added | 790,542 | $96M | 0.1% | 2026-Q2 |
| INTECH INVESTMENT MANAGEMENT LLC added | 762,326 | $93M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 719,332 | $87M | 0.1% | 2026-Q2 |
| MUFG Securities EMEA plc trimmed | 700,000 | $85M | 0.1% | 2026-Q2 |
| Polar Asset Management Partners Inc. added | 652,990 | $79M | 0.1% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 629,309 | $76M | 0.1% | 2026-Q2 |
| Northwest & Ethical Investments L.P. trimmed | 620,742 | $75M | 0.1% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 612,995 | $75M | 0.1% | 2026-Q2 |
| Guardian Partners Inc. trimmed | 608,579 | $74M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 593,563 | $72M | 0.1% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 568,793 | $69M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 561,552 | $68M | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 556,764 | $68M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 550,563 | $67M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 534,025 | $65M | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp added | 531,022 | $65M | 0.1% | 2026-Q2 |
| Delaney Capital Management Ltd. trimmed | 529,495 | $64M | 0.1% | 2026-Q2 |
| Purpose Unlimited Inc. trimmed | 526,435 | $64M | 0.1% | 2026-Q2 |
| ROYAL LONDON ASSET MANAGEMENT LTD added | 516,187 | $63M | 0.1% | 2026-Q2 |
| UniSuper Management Pty Ltd added | 465,386 | $80M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.