TORONTO DOMINION BANK

Bank broker Mechanical CIK 947263
League rank
#9
in Bank broker · #1333 overall
Long book
$51.51B
Q1 2026
Positions
1719
Top-10 weight
30%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
32%
of book per quarter

Strategy in plain words

auto-generated from filings

TORONTO DOMINION BANK is a bank/brokerage whose filings mix client and house positions, running a $51.51B US long book across 1719 positions.

The portfolio is moderately concentrated (top 10 ≈ 30% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, CAN IMPERIAL BK OF COMMERCE, ROYAL BANK OF CANADA, CANADIAN NATURAL RESOURCES, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 1.2pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.4%
Q2 2024
+2.9%
Q3 2024
+4.2%
Q4 2024
-0.8%
Q1 2025
+13.0%
Q2 2025
+10.6%
Q3 2025
+3.8%
Q4 2025
-0.8%
Q1 2026
+15.7%

Sector allocation

Technology
29%
Financials
24%
Energy
10%
Industrials
6%
Consumer discretionary
5%
Healthcare
5%
Utilities
5%
Services media
5%

Long book by quarter

$63.81B
Q1 2024
$62.34B
Q2 2024
$56.57B
Q3 2024
$52.41B
Q4 2024
$38.85B
Q1 2025
$46.27B
Q2 2025
$51.15B
Q3 2025
$56.19B
Q4 2025
$51.51B
Q1 2026

What does TORONTO DOMINION own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology14.6M$2.55B4.9%-1.0%
CM CAN IMPERIAL BK OF COMMERCEFinancials20.2M$1.92B3.7%-5.3%
RY ROYAL BANK OF CANADAFinancials11.3M$1.83B3.6%-19.4%
CNQ CANADIAN NATURAL RESOURCESEnergy33.2M$1.62B3.1%+79.1%
MSFT MICROSOFT CORPTechnology4.2M$1.56B3.0%+10.4%
AAPL APPLE INCTechnology5.3M$1.35B2.6%-23.8%
BNS BANK OF NOVA SCOTIAFinancials17.6M$1.22B2.4%-20.7%
SU SUNCOR ENERGY INCEnergy17.9M$1.18B2.3%-3.8%
AMZN AMAZON.COM INCConsumer discretionary5.1M$1.07B2.1%-7.8%
GOOGL ALPHABET INC-CL ATechnology3.4M$978.0M1.9%-29.5%
ENB ENBRIDGE INCEnergy16.3M$882.7M1.7%-2.4%
TRP TC ENERGY CORPUtilities13.6M$852.2M1.7%-19.1%
BMO BANK OF MONTREALFinancials6.2M$839.5M1.6%-4.7%
EBAY EBAY INCServices media8.5M$773.9M1.5%+4558.4%
AVGO BROADCOM INCTechnology2.4M$738.2M1.4%+4.3%
GOOG ALPHABET INC-CL CTechnology2.5M$712.9M1.4%+17.0%
MFC MANULIFE FINANCIAL CORPFinancials20.5M$706.9M1.4%-3.0%
META META PLATFORMS INC-CLASS ATechnology1.2M$698.6M1.4%-19.9%
MU MICRON TECHNOLOGY INCTechnology1.6M$553.8M1.1%+29.3%
JPM JPMORGAN CHASE & COFinancials1.6M$465.2M0.9%-3.4%
TSLA TESLA INCIndustrials1.2M$464.6M0.9%-23.1%
AMD ADVANCED MICRO DEVICESTechnology2.2M$447.0M0.9%+12.1%
SLF SUN LIFE FINANCIAL INCFinancials7.1M$441.8M0.9%+13.0%
BN BROOKFIELD CORPReal estate10.4M$420.8M0.8%-7.2%
UNH UNITEDHEALTH GROUP INCFinancials1.4M$379.3M0.7%+96.9%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology2.5M$370.2M0.7%-14.7%
SHOP SHOPIFY INC - CLASS ATechnology3.1M$364.4M0.7%-4.4%
AEM AGNICO EAGLE MINES LTDMaterials1.7M$346.5M0.7%-3.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials695.3K$333.2M0.6%-8.3%
SNDK SANDISK CORPTechnology488.8K$310.6M0.6%+1721.0%
ALB ALBEMARLE CORPMaterials1.7M$305.4M0.6%+1.9%
LLY ELI LILLY & COHealthcare329.4K$302.9M0.6%-14.4%
ORCL ORACLE CORPTechnology1.9M$281.0M0.5%+23.0%
B BARRICK MINING CORPMaterials6.8M$279.3M0.5%-1.6%
TD TORONTO-DOMINION BANKFinancials2.6M$241.2M0.5%+3.8%
WMT WALMART INCConsumer discretionary1.8M$217.5M0.4%+18.9%
NTR NUTRIEN LTDOther2.9M$216.2M0.4%-44.0%
CP CANADIAN PACIFIC KANSAS CITYIndustrials2.7M$214.0M0.4%-36.4%
V VISA INC-CLASS A SHARESServices media706.7K$213.6M0.4%-9.1%
JNJ JOHNSON & JOHNSONHealthcare865.9K$211.7M0.4%-40.0%
XOM EXXON MOBIL CORPEnergy1.2M$208.5M0.4%-12.6%
PTCT PTC THERAPEUTICS INCHealthcare3.0M$206.2M0.4%-26.9%
CNI CANADIAN NATL RAILWAY COIndustrials2.0M$202.0M0.4%-4.1%
HD HOME DEPOT INCConsumer discretionary607.2K$199.7M0.4%+10.8%
CSCO CISCO SYSTEMS INCTechnology2.5M$193.6M0.4%+70.1%
LITE LUMENTUM HOLDINGS INCTechnology272.4K$191.4M0.4%+1487.2%
WPM WHEATON PRECIOUS METALS CORPMaterials1.4M$181.3M0.4%-3.4%
INTC INTEL CORPTechnology4.1M$179.5M0.3%-63.7%
QCOM QUALCOMM INCTechnology1.3M$172.6M0.3%+28.9%
ADBE ADOBE INCTechnology706.5K$171.7M0.3%+65.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20263578$69.73B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20263471$67.75B canonicalSEC ↗
Q3 202513F-HRNov 14, 20253359$64.49B canonicalSEC ↗
Q2 202513F-HRAug 14, 20253011$60.29B canonicalSEC ↗
Q1 202513F-HRMay 15, 20252768$51.03B canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTFeb 19, 20252700$63.34B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20252700$63.34B SEC ↗
Q3 202413F-HR/ARESTATEMENTNov 18, 20245987$56.57B canonicalSEC ↗
Q3 202413F-HRNov 14, 20245987$56.57B SEC ↗
Q2 202413F-HRAug 14, 20245519$62.34B canonicalSEC ↗
Q1 202413F-HRMay 14, 20245144$63.81B canonicalSEC ↗