SCOTIA CAPITAL INC.
Long book
$24.33B
Q1 2026
Positions
915
Top-10 weight
33%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsSCOTIA CAPITAL INC. is an institutional manager, running a $24.33B US long book across 915 positions.
The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ROYAL BANK OF CANADA, TORONTO-DOMINION BANK, BANK OF NOVA SCOTIA, APPLE INC, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.6%
Q2 2024
+9.2%
Q3 2024
-0.6%
Q4 2024
-2.2%
Q1 2025
+10.3%
Q2 2025
+8.3%
Q3 2025
+4.6%
Q4 2025
-1.1%
Q1 2026
+12.2%
Sector allocation
Financials 29%
Technology 21%
Energy 9%
Consumer discretionary 8%
Utilities 8%
Industrials 7%
Services media 4%
Healthcare 3%
Long book by quarter
What does SCOTIA CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| RY ROYAL BANK OF CANADA | Financials | 8.9M | $1.44B | 5.9% | -1.9% |
| TD TORONTO-DOMINION BANK | Financials | 10.6M | $987.4M | 4.1% | -0.9% |
| BNS BANK OF NOVA SCOTIA | Financials | 13.4M | $929.0M | 3.8% | -2.9% |
| AAPL APPLE INC | Technology | 3.3M | $832.3M | 3.4% | 0.0% |
| MSFT MICROSOFT CORP | Technology | 2.2M | $815.1M | 3.4% | +8.4% |
| ENB ENBRIDGE INC | Energy | 14.6M | $788.5M | 3.2% | -0.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.1M | $641.4M | 2.6% | +0.6% |
| TRP TC ENERGY CORP | Utilities | 9.2M | $573.6M | 2.4% | -0.7% |
| NVDA NVIDIA CORP | Technology | 3.3M | $571.2M | 2.3% | +0.3% |
| GOOGL ALPHABET INC-CL A | Technology | 1.9M | $538.9M | 2.2% | -8.4% |
| FTS FORTIS INC | Utilities | 9.4M | $523.5M | 2.2% | +0.2% |
| JPM JPMORGAN CHASE & CO | Financials | 1.6M | $476.8M | 2.0% | -4.7% |
| V VISA INC-CLASS A SHARES | Services media | 1.6M | $469.2M | 1.9% | -2.2% |
| BMO BANK OF MONTREAL | Financials | 3.5M | $466.0M | 1.9% | -3.2% |
| CNQ CANADIAN NATURAL RESOURCES | Energy | 9.5M | $460.0M | 1.9% | +4.7% |
| BN BROOKFIELD CORP | Real estate | 11.1M | $448.2M | 1.8% | -1.2% |
| CM CAN IMPERIAL BK OF COMMERCE | Financials | 4.4M | $414.3M | 1.7% | +4.7% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 3.9M | $402.0M | 1.7% | +2.2% |
| GOOG ALPHABET INC-CL C | Technology | 1.4M | $393.0M | 1.6% | -3.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 388.7K | $387.3M | 1.6% | -1.3% |
| MFC MANULIFE FINANCIAL CORP | Financials | 10.9M | $373.2M | 1.5% | -2.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 693.3K | $332.2M | 1.4% | -1.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.2M | $301.1M | 1.2% | -6.8% |
| PBA PEMBINA PIPELINE CORP | Energy | 6.7M | $299.3M | 1.2% | -1.9% |
| SU SUNCOR ENERGY INC | Energy | 4.4M | $290.0M | 1.2% | -0.6% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 3.7M | $288.0M | 1.2% | -7.3% |
| META META PLATFORMS INC-CLASS A | Technology | 499.5K | $285.8M | 1.2% | +4.9% |
| EMA EMERA INC | Utilities | 4.7M | $240.5M | 1.0% | +0.8% |
| TU TELUS CORP | Communications | 16.9M | $217.4M | 0.9% | +1.2% |
| WMT WALMART INC | Consumer discretionary | 1.7M | $215.8M | 0.9% | -3.0% |
| SLF SUN LIFE FINANCIAL INC | Financials | 3.3M | $203.6M | 0.8% | -0.3% |
| HD HOME DEPOT INC | Consumer discretionary | 584.6K | $192.3M | 0.8% | +2.9% |
| AEM AGNICO EAGLE MINES LTD | Materials | 872.8K | $177.0M | 0.7% | +8.2% |
| WM WASTE MANAGEMENT INC | Utilities | 726.6K | $167.0M | 0.7% | -5.3% |
| AVGO BROADCOM INC | Technology | 520.5K | $161.1M | 0.7% | -0.6% |
| SHOP SHOPIFY INC - CLASS A | Technology | 1.3M | $154.7M | 0.6% | +12.5% |
| RCI ROGERS COMMUNICATIONS INC-B | Communications | 3.8M | $145.5M | 0.6% | -3.6% |
| WPM WHEATON PRECIOUS METALS CORP | Materials | 909.9K | $118.1M | 0.5% | +22.7% |
| PANW PALO ALTO NETWORKS INC | Technology | 677.8K | $108.7M | 0.4% | +39.1% |
| BLK BLACKROCK INC | Financials | 112.8K | $108.5M | 0.4% | -2.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 331.6K | $103.1M | 0.4% | +0.2% |
| QSR RESTAURANT BRANDS INTERN | Consumer discretionary | 1.3M | $96.7M | 0.4% | -9.4% |
| CCJ CAMECO CORP | Materials | 886.9K | $96.1M | 0.4% | -9.4% |
| EMR EMERSON ELECTRIC CO | Industrials | 730.1K | $95.7M | 0.4% | -9.0% |
| BCE BCE INC | Communications | 3.8M | $94.8M | 0.4% | -2.5% |
| UBER UBER TECHNOLOGIES INC | Services media | 1.3M | $94.2M | 0.4% | +15.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 614.5K | $88.8M | 0.4% | +2.0% |
| NTR NUTRIEN LTD | Other | 1.1M | $86.0M | 0.4% | +1.2% |
| BAM BROOKFIELD ASSET MGMT-A | Financials | 1.9M | $85.2M | 0.4% | +52.9% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 64.1K | $84.7M | 0.3% | -18.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 916 | $24.33B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 893 | $24.83B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 905 | $23.51B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 860 | $21.17B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 844 | $18.65B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 855 | $18.98B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 834 | $18.68B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 825 | $17.07B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 827 | $16.81B | canonical | SEC ↗ |
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