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 |
|---|---|---|---|---|---|
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 334,976 | $33.9M | 0.04% | +334,976 | New |
| State of Wisconsin Investment Board | 477,772 | $35.3M | 0.08% | +477,772 | New |
| Guardian Capital LP | 496,719 | $36.7M | 1.09% | +430.0% | Added |
| Neuberger Berman Group LLC | 506,860 | $37.4M | 0.03% | +40,973+8.8% | Added |
| American Century Companies Inc | 516,449 | $38.1M | 0.02% | +65,590+14.5% | Added |
| Agf Management Ltd | 376,688 | $38.1M | 0.17% | −11,856−3.1% | Reduced |
| Caisse de Depot Et Placement du Quebec | 531,388 | $39.2M | 0.07% | −156,222−22.7% | Reduced |
| APG Asset Management N.V. | 639,651 | $40.2M | 0.11% | −314,132−32.9% | Reduced |
| Cumberland Partners Ltd | 552,819 | $40.8M | 2.50% | +260,759+89.3% | Added |
| Artemis Investment Management LLP | 556,645 | $41.1M | 0.50% | +155,410+38.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 603,656 | $44.6M | 0.10% | +12,622+2.1% | Added |
| Guardian Partners Inc. | 638,369 | $47.5M | 3.81% | +50,747+8.6% | Added |
| British Columbia Investment Management Corp | 647,961 | $47.8M | 0.25% | −67,094−9.4% | Reduced |
| Public Sector Pension Investment Board | 648,420 | $47.8M | 0.16% | −927,182−58.8% | Reduced |
| First Trust Advisors LP | 661,290 | $48.7M | 0.04% | −81,667−11.0% | Reduced |
| Purpose Unlimited Inc. | 707,198 | $52.2M | 2.39% | +707,198 | New |
| State of Tennessee, Treasury Department | 694,739 | $52.2M | 0.17% | −13,801−1.9% | Reduced |
| Great West Life Assurance Co | 707,477 | $52.2M | 0.09% | −136,714−16.2% | Reduced |
| SIG North Trading, ULC | 765,785 | $56.4M | 9.88% | −950,237−55.4% | Reduced |
| Millennium Management LLC | 767,836 | $56.6M | 0.04% | +46,688+6.5% | Added |
| Pictet Asset Management Holding SA | 785,954 | $58.0M | 0.06% | −61,797−7.3% | Reduced |
| Intech Investment Management LLC | 821,778 | $60.7M | 0.54% | +641,035+354.7% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 825,124 | $60.9M | 0.16% | +72,610+9.6% | Added |
| Korea Investment CORP | 839,579 | $62.0M | 0.12% | +39,001+4.9% | Added |
| Nuveen, LLC | 867,929 | $64.1M | 0.02% | −1,345−0.2% | Reduced |
| Northern Trust Corp | 894,087 | $65.9M | 0.01% | +42,210+5.0% | Added |
| Jupiter Asset Management Ltd | 900,832 | $66.5M | 0.53% | +900,832 | New |
| Lincluden Management Ltd | 671,166 | $67.9M | 5.77% | −27,231−3.9% | Reduced |
| UBS Group AG | 927,693 | $68.4M | 0.01% | −93,538−9.2% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 940,485 | $69.4M | 4.76% | −226,098−19.4% | Reduced |
| Value Partners Investments Inc. | 982,637 | $72.6M | 5.56% | −136,352−12.2% | Reduced |
| Barclays PLC | 988,436 | $72.8M | 0.03% | +672,886+213.2% | Added |
| Russell Investments Group, Ltd. | 1,000,701 | $73.9M | 0.08% | −668,407−40.0% | Reduced |
| Marathon Asset Mgmt Ltd | 1,094,126 | $80.8M | 3.11% | −68,177−5.9% | Reduced |
| Aviva PLC | 1,121,887 | $82.8M | 0.14% | +56,959+5.3% | Added |
| Hillsdale Investment Management Inc. | 1,153,861 | $85.3M | 2.35% | +59,120+5.4% | Added |
| Van Eck Associates Corp | 1,196,685 | $88.3M | 0.07% | +169,006+16.4% | Added |
| Bank of New York Mellon Corp | 1,205,101 | $88.8M | 0.02% | −78,770−6.1% | Reduced |
| BlackRock, Inc. | 1,288,625 | $95.0M | 0.00% | +58,158+4.7% | Added |
| Nicola Wealth Management Ltd. | 1,361,500 | $100.4M | 9.14% | +844,200+163.2% | Added |
| BCV Asset Management Inc. | 965,514 | $101.2M | 2.56% | +965,514 | New |
| Citigroup Inc | 1,425,283 | $105.3M | 0.07% | −91,789−6.1% | Reduced |
| Addenda Capital Inc. | 1,070,928 | $108.4M | 3.18% | −23,402−2.1% | Reduced |
| Alberta Investment Management Corp | 1,641,000 | $121.0M | 0.72% | +99,800+6.5% | Added |
| Franklin Resources Inc | 1,678,072 | $123.8M | 0.03% | +122,852+7.9% | Added |
| MUFG Securities (Canada), Ltd. | 1,882,429 | $138.9M | 3.86% | −173,517−8.4% | Reduced |
| Clearbridge Investments, LLC | 2,046,439 | $150.8M | 0.12% | −206,093−9.1% | Reduced |
| Invesco Ltd. | 2,251,451 | $165.9M | 0.02% | −116,379−4.9% | Reduced |
| Omers Administration Corp | 2,303,450 | $170.1M | 1.21% | −362,399−13.6% | Reduced |
| Deutsche Bank AG | 2,636,085 | $194.3M | 0.06% | +199,844+8.2% | Added |
| Cardinal Capital Management, Inc. | 1,997,649 | $202.2M | 4.54% | −87,645−4.2% | Reduced |
| Amundi | 2,960,899 | $222.4M | 0.06% | −97,826−3.2% | Reduced |
| Wellington Management Group LLP | 3,162,458 | $233.4M | 0.04% | −202,930−6.0% | Reduced |
| Barrow Hanley Mewhinney & Strauss LLC | 3,326,510 | $245.1M | 0.82% | −187,614−5.3% | Reduced |
| AQR Capital Management LLC | 3,556,295 | $262.3M | 0.14% | +3,445,856+3,120.1% | Added |
| Letko, Brosseau & Associates Inc | 3,725,790 | $275.1M | 4.51% | −254,275−6.4% | Reduced |
| Charles Schwab Investment Management Inc | 4,130,396 | $305.0M | 0.05% | +78,448+1.9% | Added |
| Goldman Sachs Group Inc | 4,432,906 | $326.7M | 0.05% | −3,145,431−41.5% | Reduced |
| Bank of America Corp | 4,624,326 | $340.8M | 0.02% | −1,176,406−20.3% | Reduced |
| TD Waterhouse Canada Inc. | 4,659,099 | $343.4M | 2.14% | −48,909−1.0% | Reduced |
| Morgan Stanley | 5,110,450 | $376.6M | 0.02% | +773,821+17.8% | Added |
| Dimensional Fund Advisors LP | 5,854,148 | $431.4M | 0.09% | +136,270+2.4% | Added |
| JPMorgan Chase & Co | 5,983,525 | $440.9M | 0.03% | −612,088−9.3% | Reduced |
| Manufacturers Life Insurance Company, The | 6,969,396 | $515.1M | 0.42% | +1,505,221+27.5% | Added |
| Federation des caisses Desjardins du Quebec | 8,041,565 | $593.1M | 2.27% | −40,598−0.5% | Reduced |
| Legal & General Group Plc | 8,483,129 | $626.5M | 0.14% | +436,482+5.4% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 9,447,941 | $696.9M | 1.18% | +584,126+6.6% | Added |
| Mackenzie Financial Corp | 9,667,000 | $713.8M | 0.85% | −5,031,686−34.2% | Reduced |
| CIBC Asset Management Inc | 9,857,887 | $731.0M | 1.76% | +57,582+0.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 10,187,643 | $751.4M | 1.97% | +2,496,760+32.5% | Added |
| Canada Pension Plan Investment Board | 10,770,460 | $794.4M | 0.53% | +2,000,622+22.8% | Added |
| Geode Capital Management, LLC | 12,259,989 | $923.2M | 0.06% | +799,474+7.0% | Added |
| Acadian Asset Management LLC | 12,866,335 | $950.1M | 1.56% | +4,321,167+50.6% | Added |
| Scotia Capital Inc. | 13,816,974 | $1.02B | 4.10% | −278,482−2.0% | Reduced |
| FIL Ltd | 16,489,540 | $1.22B | 0.91% | +5,461,052+49.5% | Added |
| National Bank of Canada | 17,824,075 | $1.31B | 1.35% | +714,112+4.2% | Added |
| Norges Bank | 18,554,149 | $1.37B | 0.15% | +18,554,149 | New |
| TD Asset Management Inc | 18,674,585 | $1.38B | 1.11% | +310,564+1.7% | Added |
| 1832 Asset Management L.P. | 18,761,273 | $1.38B | 1.75% | +828,932+4.6% | Added |
| Toronto Dominion Bank | 22,172,775 | $1.64B | 2.89% | +4,253,329+23.7% | Added |
| CIBC World Markets Inc. | 28,572,101 | $2.11B | 3.77% | +2,229,932+8.5% | Added |
| Vanguard Group Inc | 57,237,537 | $4.22B | 0.06% | +1,169,073+2.1% | Added |
| Bank of Montreal | 57,900,307 | $4.27B | 1.75% | +4,033,226+7.5% | Added |
| Royal Bank of Canada | 81,860,943 | $6.03B | 1.06% | −17,835,662−17.9% | Reduced |
| Zurich Insurance Group Ltd | 0 | $0 | 0.00% | −2,142,038−100.0% | Sold out |
| HSBC Holdings PLC | 0 | $0 | 0.00% | −1,910,072−100.0% | Sold out |
| Portland Investment Counsel Inc. | 0 | $0 | 0.00% | −409,629−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −368,994−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −282,000−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −155,109−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −57,974−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −27,190−100.0% | Sold out |
| Employees Provident Fund Board | 0 | $0 | 0.00% | −23,000−100.0% | Sold out |
| Pacifica Partners Inc. | 0 | $0 | 0.00% | −18,998−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −17,300−100.0% | Sold out |
| Orca Wealth Management, LLC | 0 | $0 | 0.00% | −16,820−100.0% | Sold out |
| Samalin Investment Counsel, LLC | 0 | $0 | 0.00% | −11,997−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −10,021−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −8,974−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −7,587−100.0% | Sold out |