Bank of Nova Scotia
BNS- Exchange
- NYSE
- Industry
- State Commercial Banks
- SEC CIK
- 0000009631
No open-market purchases or sales by Bank of Nova Scotia insiders were filed in the last 90 days; 535 institutions reported holding it in 13F filings for Q2 2026, worth $47.7B in total; superinvestors Fairfax Financial and Maverick Capital hold it.
13F holders, Q4 2025
Institutional positions in Bank of Nova Scotia as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 484
- +36 vs. Q3 2025
- Shares held
- 569.9M
- +20.3M (+3.7%) vs. Q3 2025
- Total value
- $42.2B
- +$6.61B (+18.6%) vs. Q3 2025
- New holders
- 69
- 160 more added
- Sold out
- 33
- 157 more reduced
12 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting BNS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 535 | $47.7B |
| Q1 2026 | 508 | $37.3B |
| Q4 2025 | 484 | $42.2B |
| Q3 2025 | 460 | $35.8B |
| Q2 2025 | 433 | $33.5B |
| Q1 2025 | 419 | $27.3B |
| Q4 2024 | 442 | $29.3B |
| Q3 2024 | 412 | $31.4B |
| Q2 2024 | 393 | $26.0B |
| Q1 2024 | 399 | $29.1B |
| Q4 2023 | 390 | $26.4B |
| Q3 2023 | 395 | $24.5B |
| Q2 2023 | 386 | $27.3B |
| Q1 2023 | 405 | $28.3B |
| Q4 2022 | 418 | $26.8B |
| Q3 2022 | 416 | $26.9B |
| Q2 2022 | 434 | $33.2B |
| Q1 2022 | 440 | $38.8B |
| Q4 2021 | 438 | $39.4B |
| Q3 2021 | 419 | $36.0B |
| Q2 2021 | 394 | $37.1B |
| Q1 2021 | 385 | $36.4B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Bank of Nova Scotia; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Royal Bank of Canada | 81,860,943 | $6.03B | 1.06% | −17,835,662−17.9% | Reduced |
| Bank of Montreal | 57,900,307 | $4.27B | 1.75% | +4,033,226+7.5% | Added |
| Vanguard Group Inc | 57,237,537 | $4.22B | 0.06% | +1,169,073+2.1% | Added |
| CIBC World Markets Inc. | 28,572,101 | $2.11B | 3.77% | +2,229,932+8.5% | Added |
| Toronto Dominion Bank | 22,172,775 | $1.64B | 2.89% | +4,253,329+23.7% | Added |
| 1832 Asset Management L.P. | 18,761,273 | $1.38B | 1.75% | +828,932+4.6% | Added |
| TD Asset Management Inc | 18,674,585 | $1.38B | 1.11% | +310,564+1.7% | Added |
| Norges Bank | 18,554,149 | $1.37B | 0.15% | +18,554,149 | New |
| National Bank of Canada | 17,824,075 | $1.31B | 1.35% | +714,112+4.2% | Added |
| FIL Ltd | 16,489,540 | $1.22B | 0.91% | +5,461,052+49.5% | Added |
| Scotia Capital Inc. | 13,816,974 | $1.02B | 4.10% | −278,482−2.0% | Reduced |
| Acadian Asset Management LLC | 12,866,335 | $950.1M | 1.56% | +4,321,167+50.6% | Added |
| Geode Capital Management, LLC | 12,259,989 | $923.2M | 0.06% | +799,474+7.0% | Added |
| Canada Pension Plan Investment Board | 10,770,460 | $794.4M | 0.53% | +2,000,622+22.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 10,187,643 | $751.4M | 1.97% | +2,496,760+32.5% | Added |
| CIBC Asset Management Inc | 9,857,887 | $731.0M | 1.76% | +57,582+0.6% | Added |
| Mackenzie Financial Corp | 9,667,000 | $713.8M | 0.85% | −5,031,686−34.2% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 9,447,941 | $696.9M | 1.18% | +584,126+6.6% | Added |
| Legal & General Group Plc | 8,483,129 | $626.5M | 0.14% | +436,482+5.4% | Added |
| Federation des caisses Desjardins du Quebec | 8,041,565 | $593.1M | 2.27% | −40,598−0.5% | Reduced |
| Manufacturers Life Insurance Company, The | 6,969,396 | $515.1M | 0.42% | +1,505,221+27.5% | Added |
| JPMorgan Chase & Co | 5,983,525 | $440.9M | 0.03% | −612,088−9.3% | Reduced |
| Dimensional Fund Advisors LP | 5,854,148 | $431.4M | 0.09% | +136,270+2.4% | Added |
| Morgan Stanley | 5,110,450 | $376.6M | 0.02% | +773,821+17.8% | Added |
| TD Waterhouse Canada Inc. | 4,659,099 | $343.4M | 2.14% | −48,909−1.0% | Reduced |
| Bank of America Corp | 4,624,326 | $340.8M | 0.02% | −1,176,406−20.3% | Reduced |
| Goldman Sachs Group Inc | 4,432,906 | $326.7M | 0.05% | −3,145,431−41.5% | Reduced |
| Charles Schwab Investment Management Inc | 4,130,396 | $305.0M | 0.05% | +78,448+1.9% | Added |
| Letko, Brosseau & Associates Inc | 3,725,790 | $275.1M | 4.51% | −254,275−6.4% | Reduced |
| AQR Capital Management LLC | 3,556,295 | $262.3M | 0.14% | +3,445,856+3,120.1% | Added |
| Barrow Hanley Mewhinney & Strauss LLC | 3,326,510 | $245.1M | 0.82% | −187,614−5.3% | Reduced |
| Wellington Management Group LLP | 3,162,458 | $233.4M | 0.04% | −202,930−6.0% | Reduced |
| Amundi | 2,960,899 | $222.4M | 0.06% | −97,826−3.2% | Reduced |
| Cardinal Capital Management, Inc. | 1,997,649 | $202.2M | 4.54% | −87,645−4.2% | Reduced |
| Deutsche Bank AG | 2,636,085 | $194.3M | 0.06% | +199,844+8.2% | Added |
| Omers Administration Corp | 2,303,450 | $170.1M | 1.21% | −362,399−13.6% | Reduced |
| Invesco Ltd. | 2,251,451 | $165.9M | 0.02% | −116,379−4.9% | Reduced |
| Clearbridge Investments, LLC | 2,046,439 | $150.8M | 0.12% | −206,093−9.1% | Reduced |
| MUFG Securities (Canada), Ltd. | 1,882,429 | $138.9M | 3.86% | −173,517−8.4% | Reduced |
| Franklin Resources Inc | 1,678,072 | $123.8M | 0.03% | +122,852+7.9% | Added |
| Alberta Investment Management Corp | 1,641,000 | $121.0M | 0.72% | +99,800+6.5% | Added |
| Addenda Capital Inc. | 1,070,928 | $108.4M | 3.18% | −23,402−2.1% | Reduced |
| Citigroup Inc | 1,425,283 | $105.3M | 0.07% | −91,789−6.1% | Reduced |
| BCV Asset Management Inc. | 965,514 | $101.2M | 2.56% | +965,514 | New |
| Nicola Wealth Management Ltd. | 1,361,500 | $100.4M | 9.14% | +844,200+163.2% | Added |
| BlackRock, Inc. | 1,288,625 | $95.0M | 0.00% | +58,158+4.7% | Added |
| Bank of New York Mellon Corp | 1,205,101 | $88.8M | 0.02% | −78,770−6.1% | Reduced |
| Van Eck Associates Corp | 1,196,685 | $88.3M | 0.07% | +169,006+16.4% | Added |
| Hillsdale Investment Management Inc. | 1,153,861 | $85.3M | 2.35% | +59,120+5.4% | Added |
| Aviva PLC | 1,121,887 | $82.8M | 0.14% | +56,959+5.3% | Added |
| Marathon Asset Mgmt Ltd | 1,094,126 | $80.8M | 3.11% | −68,177−5.9% | Reduced |
| Russell Investments Group, Ltd. | 1,000,701 | $73.9M | 0.08% | −668,407−40.0% | Reduced |
| Barclays PLC | 988,436 | $72.8M | 0.03% | +672,886+213.2% | Added |
| Value Partners Investments Inc. | 982,637 | $72.6M | 5.56% | −136,352−12.2% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 940,485 | $69.4M | 4.76% | −226,098−19.4% | Reduced |
| UBS Group AG | 927,693 | $68.4M | 0.01% | −93,538−9.2% | Reduced |
| Lincluden Management Ltd | 671,166 | $67.9M | 5.77% | −27,231−3.9% | Reduced |
| Jupiter Asset Management Ltd | 900,832 | $66.5M | 0.53% | +900,832 | New |
| Northern Trust Corp | 894,087 | $65.9M | 0.01% | +42,210+5.0% | Added |
| Nuveen, LLC | 867,929 | $64.1M | 0.02% | −1,345−0.2% | Reduced |
| Korea Investment CORP | 839,579 | $62.0M | 0.12% | +39,001+4.9% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 825,124 | $60.9M | 0.16% | +72,610+9.6% | Added |
| Intech Investment Management LLC | 821,778 | $60.7M | 0.54% | +641,035+354.7% | Added |
| Pictet Asset Management Holding SA | 785,954 | $58.0M | 0.06% | −61,797−7.3% | Reduced |
| Millennium Management LLC | 767,836 | $56.6M | 0.04% | +46,688+6.5% | Added |
| SIG North Trading, ULC | 765,785 | $56.4M | 9.88% | −950,237−55.4% | Reduced |
| Great West Life Assurance Co | 707,477 | $52.2M | 0.09% | −136,714−16.2% | Reduced |
| State of Tennessee, Treasury Department | 694,739 | $52.2M | 0.17% | −13,801−1.9% | Reduced |
| Purpose Unlimited Inc. | 707,198 | $52.2M | 2.39% | +707,198 | New |
| First Trust Advisors LP | 661,290 | $48.7M | 0.04% | −81,667−11.0% | Reduced |
| Public Sector Pension Investment Board | 648,420 | $47.8M | 0.16% | −927,182−58.8% | Reduced |
| British Columbia Investment Management Corp | 647,961 | $47.8M | 0.25% | −67,094−9.4% | Reduced |
| Guardian Partners Inc. | 638,369 | $47.5M | 3.81% | +50,747+8.6% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 603,656 | $44.6M | 0.10% | +12,622+2.1% | Added |
| Artemis Investment Management LLP | 556,645 | $41.1M | 0.50% | +155,410+38.7% | Added |
| Cumberland Partners Ltd | 552,819 | $40.8M | 2.50% | +260,759+89.3% | Added |
| APG Asset Management N.V. | 639,651 | $40.2M | 0.11% | −314,132−32.9% | Reduced |
| Caisse de Depot Et Placement du Quebec | 531,388 | $39.2M | 0.07% | −156,222−22.7% | Reduced |
| Agf Management Ltd | 376,688 | $38.1M | 0.17% | −11,856−3.1% | Reduced |
| American Century Companies Inc | 516,449 | $38.1M | 0.02% | +65,590+14.5% | Added |
| Neuberger Berman Group LLC | 506,860 | $37.4M | 0.03% | +40,973+8.8% | Added |
| Guardian Capital LP | 496,719 | $36.7M | 1.09% | +430.0% | Added |
| State of Wisconsin Investment Board | 477,772 | $35.3M | 0.08% | +477,772 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 334,976 | $33.9M | 0.04% | +334,976 | New |
| Intact Investment Management Inc. | 433,662 | $32.0M | 0.92% | −1,212,180−73.7% | Reduced |
| Delaney Capital Management Ltd. | 421,242 | $31.1M | 5.16% | +421,242 | New |
| Canerector Inc | 300,000 | $30.4M | 14.86% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 388,700 | $28.6M | 0.04% | −510,900−56.8% | Reduced |
| Northwest & Ethical Investments L.P. | 367,609 | $27.1M | 0.61% | +22,220+6.4% | Added |
| Fairfax Financial Holdings LtdSuperinvestorFairfax Financial | 359,100 | $26.5M | 1.27% | 00.0% | Unchanged |
| Kepler Cheuvreux (Suisse) SA | 246,523 | $25.0M | 1.41% | +113,765+85.7% | Added |
| Forsta Ap-Fonden | 301,500 | $22.3M | 0.13% | −64,000−17.5% | Reduced |
| Investment Management Corp of Ontario | 300,178 | $22.1M | 0.29% | +107,406+55.7% | Added |
| Aviso Financial Inc. | 297,441 | $21.9M | 0.83% | +10,621+3.7% | Added |
| Mn Services Vermogensbeheer B.V. | 285,843 | $21.1M | 0.13% | +41,443+17.0% | Added |
| Jane Street Group, LLC | 283,816 | $20.9M | 0.02% | +88,263+45.1% | Added |
| Ameriprise Financial Inc | 274,292 | $20.8M | 0.00% | −13,060−4.5% | Reduced |
| Qube Research & Technologies Ltd | 277,056 | $20.4M | 0.03% | −10,334−3.6% | Reduced |
| Varma Mutual Pension Insurance Co | 269,856 | $19.9M | 0.12% | −10,200−3.6% | Reduced |
| Man Group plc | 258,385 | $19.1M | 0.04% | +26,091+11.2% | Added |