Toronto Dominion Bank
Reported US equity positions for Q1 2026 — $51.9B across 3,104 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| NVDA NVIDIA Corporation | $2.5B | 4.9% | 14,621,341 |
| CM Canadian Imperial Bank of Commerce | $1.9B | 3.7% | 20,225,283 |
| RY Royal Bank Of Canada | $1.8B | 3.5% | 11,339,321 |
| CRC California Resources Corporation | $1.6B | 3.1% | 33,159,478 |
| MSFT Microsoft Corporation | $1.6B | 3.0% | 4,200,798 |
| AAPL Apple Inc. | $1.4B | 2.6% | 5,327,450 |
| BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares | $1.2B | 2.4% | 17,581,384 |
| SU Suncor Energy Inc. | $1.2B | 2.3% | 17,894,728 |
| AMZN Amazon.com, Inc. | $1.1B | 2.1% | 5,135,773 |
| GOOGL Alphabet Inc. | $978.0M | 1.9% | 3,400,923 |
| IVV iShares Core S&P 500 ETF | $942.8M | 1.8% | 1,443,344 |
| ENB Enbridge Inc | $882.7M | 1.7% | 16,281,116 |
| TRP TC Energy Corporation | $852.2M | 1.6% | 13,608,378 |
| BMO Bank Of Montreal | $839.5M | 1.6% | 6,197,393 |
| SPY State Street SPDR S&P 500 ETF Trust | $778.2M | 1.5% | 1,196,547 |
| EBAY eBay Inc. | $773.9M | 1.5% | 8,502,533 |
| AVGO Broadcom Inc. | $738.2M | 1.4% | 2,384,901 |
| GOOG Alphabet Inc. - Class C Capital Stock | $712.9M | 1.4% | 2,485,113 |
| MFC Manulife Financial Corporation | $706.9M | 1.4% | 20,515,970 |
| META Meta Platforms, Inc. | $698.6M | 1.3% | 1,221,032 |
| MU Micron Technology, Inc. | $553.8M | 1.1% | 1,639,253 |
| JPM JP Morgan Chase & Co. | $465.2M | 0.9% | 1,581,565 |
| TSLA Tesla, Inc. | $464.6M | 0.9% | 1,249,735 |
| AMD Advanced Micro Devices, Inc. | $447.0M | 0.9% | 2,197,173 |
| SLF Sun Life Financial Inc. | $441.8M | 0.9% | 7,050,377 |
| BN Brookfield Corporation Class A Limited Voting Shares | $420.8M | 0.8% | 10,383,769 |
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $379.3M | 0.7% | 1,401,562 |
| PLTR Palantir Technologies Inc. | $370.2M | 0.7% | 2,530,731 |
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $364.4M | 0.7% | 3,070,686 |
| AEM Agnico Eagle Mines Limited | $346.5M | 0.7% | 1,706,978 |
| BRK.B Berkshire Hathaway Inc. | $333.2M | 0.6% | 695,266 |
| QQQ Invesco QQQ Trust, Series 1 | $330.2M | 0.6% | 572,086 |
| SNDK Sandisk Corp | $310.6M | 0.6% | 488,803 |
| ALB Albemarle Corporation | $305.4M | 0.6% | 1,700,831 |
| LLY Eli Lilly and Company | $302.9M | 0.6% | 329,370 |
| ORCL Oracle Corporation | $281.0M | 0.5% | 1,910,198 |
| B Barrick Mining Corporation | $279.3M | 0.5% | 6,834,165 |
| TD The Toronto Dominion Bank | $241.2M | 0.5% | 2,582,971 |
| WMT Walmart Inc. | $217.5M | 0.4% | 1,750,418 |
| NTR Nutrien Ltd. | $216.2M | 0.4% | 2,863,422 |
| CP Canadian Pacific Kansas City Limited | $214.0M | 0.4% | 2,718,819 |
| V Visa Inc. | $213.6M | 0.4% | 706,709 |
| JNJ Johnson & Johnson | $211.7M | 0.4% | 865,908 |
| XOM ExxonMobil Holdings Corporation | $208.5M | 0.4% | 1,228,730 |
| PTCT PTC Therapeutics, Inc. | $206.2M | 0.4% | 3,025,963 |
| CNR Core Natural Resources, Inc. | $202.0M | 0.4% | 1,962,533 |
| HD The Home Depot, Inc. | $199.7M | 0.4% | 607,213 |
| CSCO Cisco Systems, Inc. | $193.6M | 0.4% | 2,494,588 |
| LITE Lumentum Holdings Inc. | $191.4M | 0.4% | 272,402 |
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $181.3M | 0.3% | 1,380,612 |
| URTH iShares MSCI World ETF | $179.7M | 0.3% | 998,284 |
| INTC Intel Corporation | $179.5M | 0.3% | 4,068,415 |
| QCOM QUALCOMM Incorporated | $172.6M | 0.3% | 1,340,132 |
| ADBE Adobe Inc. | $171.7M | 0.3% | 706,525 |
| AXP American Express Company | $169.8M | 0.3% | 561,323 |
| MA Mastercard Incorporated | $169.4M | 0.3% | 338,960 |
| COST Costco Wholesale Corporation | $159.0M | 0.3% | 159,544 |
| DXCM DexCom, Inc. | $154.8M | 0.3% | 2,465,363 |
| FTS Fortis Inc. | $154.0M | 0.3% | 2,760,656 |
| COIN Coinbase Global, Inc. | $150.5M | 0.3% | 862,011 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What changed last quarter
| Holding | Change | Now | Was | Shares |
|---|---|---|---|---|
| CM Canadian Imperial Bank of Commerce | Trim | $1.9B | $1.9B | -5% |
| RY Royal Bank Of Canada | Trim | $1.8B | $2.4B | -19% |
| CRC California Resources Corporation | Add | $1.6B | $627.1M | +79% |
| MSFT Microsoft Corporation | Add | $1.6B | $1.8B | +10% |
| AAPL Apple Inc. | Trim | $1.4B | $1.9B | -24% |
| BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares | Trim | $1.2B | $1.6B | -21% |
| SU Suncor Energy Inc. | Trim | $1.2B | $825.9M | -4% |
| AMZN Amazon.com, Inc. | Trim | $1.1B | $1.3B | -8% |
| GOOGL Alphabet Inc. | Trim | $978.0M | $1.5B | -30% |
| IVV iShares Core S&P 500 ETF | Add | $942.8M | $302.8M | +227% |
| ENB Enbridge Inc | Trim | $882.7M | $798.7M | -2% |
| TRP TC Energy Corporation | Trim | $852.2M | $925.9M | -19% |
| BMO Bank Of Montreal | Trim | $839.5M | $844.6M | -5% |
| SPY State Street SPDR S&P 500 ETF Trust | Add | $778.2M | $88.2M | +825% |
| AVGO Broadcom Inc. | Add | $738.2M | $791.4M | +4% |
| GOOG Alphabet Inc. - Class C Capital Stock | Add | $712.9M | $666.8M | +17% |
| MFC Manulife Financial Corporation | Trim | $706.9M | $767.9M | -3% |
| META Meta Platforms, Inc. | Trim | $698.6M | $1.0B | -20% |
| MU Micron Technology, Inc. | Add | $553.8M | $361.9M | +29% |
| JPM JP Morgan Chase & Co. | Trim | $465.2M | $527.3M | -3% |
| TSLA Tesla, Inc. | Trim | $464.6M | $730.5M | -23% |
| AMD Advanced Micro Devices, Inc. | Add | $447.0M | $419.8M | +12% |
| SLF Sun Life Financial Inc. | Add | $441.8M | $389.6M | +13% |
| BN Brookfield Corporation Class A Limited Voting Shares | Trim | $420.8M | $513.8M | -7% |
| UNH UnitedHealth Group Incorporated Common Stock (DE) | Add | $379.3M | $235.0M | +97% |
| PLTR Palantir Technologies Inc. | Trim | $370.2M | $527.1M | -15% |
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | Trim | $364.4M | $517.0M | -4% |
| AEM Agnico Eagle Mines Limited | Trim | $346.5M | $298.4M | -3% |
| BRK.B Berkshire Hathaway Inc. | Trim | $333.2M | $381.0M | -8% |
| QQQ Invesco QQQ Trust, Series 1 | Add | $330.2M | $234.0M | +50% |
| ALB Albemarle Corporation | Add | $305.4M | $236.1M | +2% |
| LLY Eli Lilly and Company | Trim | $302.9M | $413.4M | -14% |
| ORCL Oracle Corporation | Add | $281.0M | $302.7M | +23% |
| B Barrick Mining Corporation | Trim | $279.3M | $302.5M | -2% |
| TD The Toronto Dominion Bank | Add | $241.2M | $234.6M | +4% |
| WMT Walmart Inc. | Add | $217.5M | $164.1M | +19% |
| NTR Nutrien Ltd. | Trim | $216.2M | $315.7M | -44% |
| CP Canadian Pacific Kansas City Limited | Trim | $214.0M | $314.6M | -36% |
| V Visa Inc. | Trim | $213.6M | $272.5M | -9% |
| JNJ Johnson & Johnson | Trim | $211.7M | $298.7M | -40% |
New and exited positions are only shown for managers whose entire filed portfolio fits inside the positions stored here. For a manager filing more than that, a holding leaving the stored set is indistinguishable from a holding being sold, so those are reported as adds and trims only.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.