| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BANK OF MONTREAL /CAN/ | 4.9% | -3.2% | $6,273,723,101 | -$306,824,416 | 85,240,803 | -4.7% | Bank of Montreal | 30 Jun 2025 |
| BlackRock, Inc. | 4.7% | $5,234,425,738 | 82,731,559 | BlackRock, Inc. | 31 Mar 2025 |
As of 31 Dec 2025, 776 institutional investors reported holding 824,569,202 shares of TORONTO DOMINION BANK - Common Shares (TD). This represents 48% of the company’s total 1,725,522,328 outstanding shares.
The largest institutional shareholders of TORONTO DOMINION BANK - Common Shares (TD) together control 39% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| ROYAL BANK OF CANADA | 7% | 121,337,794 | -15% | 2% | $11,430,020,000 |
| VANGUARD GROUP INC | 4.5% | 77,252,688 | +1% | 0.11% | $7,280,911,337 |
| BANK OF MONTREAL /CAN/ | 4% | 69,777,906 | -0% | 2.7% | $6,576,557,591 |
| CIBC WORLD MARKET INC. | 2.2% | 38,666,316 | -2.9% | 6.5% | $3,644,686,946 |
| TD Asset Management Inc | 2.2% | 37,596,747 | -0.04% | 2.9% | $3,548,068,716 |
| 1832 Asset Management L.P. | 1.9% | 32,289,612 | +46% | 3.9% | $3,041,681,450 |
| FIL Ltd | 1.8% | 30,980,425 | -14% | 2.2% | $2,919,841,011 |
| NATIONAL BANK OF CANADA /FI/ | 1.5% | 25,630,670 | -14% | 2.5% | $2,413,995,093 |
| MACKENZIE FINANCIAL CORP | 1.5% | 25,536,772 | -0.16% | 2.9% | $2,415,424,347 |
| NORGES BANK | 1.3% | 22,556,669 | 0.23% | $2,125,962,791 | |
| BANK OF NOVA SCOTIA | 1.1% | 19,486,741 | +6.8% | 2.7% | $1,836,517,908 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.99% | 17,014,836 | +11% | 1.3% | $1,606,978,471 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.97% | 16,747,071 | +6.1% | 0.1% | $1,610,733,321 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 0.88% | 15,210,762 | +26% | 0.46% | $1,432,853,781 |
| CIBC Asset Management Inc | 0.82% | 14,153,384 | -9.2% | 3.2% | $1,338,984,698 |
| CANADA PENSION PLAN INVESTMENT BOARD | 0.78% | 13,523,256 | +25% | 0.85% | $1,274,564,922 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 0.69% | 11,899,945 | +42% | 1.9% | $1,121,660,069 |
| FMR LLC | 0.65% | 11,140,693 | +2.3% | 0.05% | $1,049,987,251 |
| SCOTIA CAPITAL INC. | 0.62% | 10,685,530 | -0.57% | 4.1% | $1,006,431,873 |
| Legal & General Group Plc | 0.59% | 10,148,324 | +4.3% | 0.21% | $957,710,877 |
| Federation des caisses Desjardins du Quebec | 0.57% | 9,911,821 | -1% | 3.6% | $934,124,395 |
| TD Waterhouse Canada Inc. | 0.54% | 9,282,285 | -0.05% | 5.4% | $874,327,522 |
| Connor, Clark & Lunn Investment Management Ltd. | 0.53% | 9,120,801 | -9.8% | 2.3% | $859,631,071 |
| ACADIAN ASSET MANAGEMENT LLC | 0.5% | 8,692,670 | +129% | 1.3% | $820,297,000 |
| Beutel, Goodman & Co Ltd. | 0.46% | 8,012,730 | -37% | 4.6% | $756,174,000 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 824,569,202 | $77,889,200,688 | +$346,976,475 | $94.20 | 776 |
| 2025 Q3 | 835,816,761 | $66,950,939,404 | -$4,246,387,638 | $79.95 | 703 |
| 2025 Q2 | 887,373,992 | $65,340,720,480 | +$181,236,405 | $73.45 | 671 |
| 2025 Q1 | 884,320,680 | $53,086,033,592 | +$1,912,833,075 | $59.94 | 621 |
| 2024 Q4 | 855,019,781 | $45,520,990,742 | -$3,672,413,756 | $53.24 | 621 |
| 2024 Q3 | 923,095,106 | $58,398,391,043 | +$1,804,885,692 | $63.26 | 673 |
| 2024 Q2 | 895,159,196 | $49,219,866,520 | -$2,547,513,098 | $54.96 | 662 |
| 2024 Q1 | 914,553,389 | $55,080,721,724 | +$381,849,118 | $60.38 | 688 |
| 2023 Q4 | 912,359,713 | $58,962,306,306 | -$2,855,747,063 | $64.62 | 688 |
| 2023 Q3 | 952,545,381 | $57,544,564,591 | -$1,166,836,044 | $60.26 | 629 |
| 2023 Q2 | 974,574,381 | $60,438,182,229 | +$1,080,206,645 | $62.01 | 668 |
| 2023 Q1 | 854,789,819 | $51,189,921,514 | -$411,441,925 | $59.90 | 677 |
| 2022 Q4 | 945,752,687 | $61,249,786,150 | +$1,146,847,206 | $64.76 | 688 |
| 2022 Q3 | 929,647,812 | $57,387,948,519 | +$793,819,060 | $61.33 | 651 |
| 2022 Q2 | 917,110,898 | $60,249,205,398 | +$2,138,696,662 | $65.58 | 690 |
| 2022 Q1 | 885,999,369 | $70,433,206,911 | -$828,475,516 | $79.42 | 708 |
| 2021 Q4 | 896,973,899 | $68,772,914,298 | -$474,059,826 | $76.68 | 704 |
| 2021 Q3 | 881,794,524 | $58,386,297,611 | +$113,288,886 | $66.15 | 620 |
| 2021 Q2 | 880,456,529 | $61,504,473,630 | -$1,279,662,865 | $70.05 | 628 |
| 2021 Q1 | 894,896,250 | $58,388,974,862 | +$1,654,138,603 | $65.21 | 578 |
| 2020 Q4 | 876,562,523 | $49,526,127,352 | -$334,778,344 | $56.42 | 580 |
| 2020 Q3 | 888,943,442 | $41,143,373,072 | +$43,599,908 | $46.24 | 512 |
| 2020 Q2 | 895,057,190 | $39,768,530,878 | +$575,609,987 | $44.61 | 529 |
| 2020 Q1 | 881,602,401 | $37,162,351,053 | -$126,118,589 | $42.39 | 547 |
| 2019 Q4 | 883,006,471 | $49,514,726,891 | +$207,388,641 | $56.13 | 615 |
| 2019 Q3 | 875,659,470 | $51,000,739,095 | -$656,488,893 | $58.26 | 581 |
| 2019 Q2 | 877,784,221 | $51,227,542,817 | -$791,779,559 | $58.37 | 572 |
| 2019 Q1 | 889,966,775 | $48,313,329,126 | +$249,063,078 | $54.33 | 608 |
| 2018 Q4 | 886,942,199 | $44,041,862,018 | -$163,422,451 | $49.72 | 600 |
| 2018 Q3 | 883,971,526 | $53,566,160,701 | +$479,428,643 | $60.80 | 615 |
| 2018 Q2 | 876,963,729 | $50,665,893,675 | -$1,433,715,019 | $57.86 | 595 |
| 2018 Q1 | 905,043,159 | $51,328,604,696 | +$844,479,699 | $56.84 | 600 |
| 2017 Q4 | 886,419,776 | $51,938,174,699 | +$17,164,970 | $58.58 | 569 |
| 2017 Q3 | 900,614,445 | $50,618,220,015 | +$901,957,832 | $56.27 | 503 |
| 2017 Q2 | 880,072,330 | $44,296,454,730 | -$4,797,119,436 | $50.38 | 477 |
| 2017 Q1 | 977,821,068 | $48,924,381,007 | +$196,006,404 | $50.08 | 492 |
| 2016 Q4 | 968,738,696 | $47,630,712,440 | -$1,344,103,291 | $49.34 | 473 |
| 2016 Q3 | 992,957,163 | $44,040,572,799 | +$1,463,326,037 | $44.40 | 425 |
| 2016 Q2 | 960,224,210 | $41,156,890,661 | -$776,009,247 | $42.93 | 432 |
| 2016 Q1 | 954,508,544 | $41,232,380,147 | -$390,383,232 | $43.13 | 422 |
| 2015 Q4 | 981,653,189 | $38,446,313,534 | -$691,775,422 | $39.17 | 419 |
| 2015 Q3 | 993,927,314 | $39,125,876,160 | +$1,031,818,549 | $39.42 | 415 |
| 2015 Q2 | 965,763,657 | $41,155,288,062 | +$25,835,971 | $42.51 | 431 |
| 2015 Q1 | 974,040,644 | $41,717,043,746 | +$551,584,673 | $42.84 | 419 |
| 2014 Q4 | 972,129,598 | $46,654,613,228 | +$532,904,275 | $47.78 | 443 |
| 2014 Q3 | 953,071,169 | $47,149,140,937 | -$695,816,078 | $49.39 | 421 |
| 2014 Q2 | 968,799,213 | $49,967,799,330 | -$25,478,239 | $51.41 | 414 |
| 2014 Q1 | 944,048,830 | $44,521,665,762 | +$19,378,765,399 | $46.95 | 405 |