Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Toronto Dominion Bk Ont (TD)

831 + Investors. Track Smart Money conviction in TD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +40
Streak
4Q ▲
Buyers last Q
53%

Smart Money Signals — TD

Based on 837 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added TD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
837 hedge funds hold TD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +35% more funds vs a year ago

fund count last 6Q
+219 new funds entered over the past year (+35% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 53% buying

381 buying344 selling
Last quarter: 381 funds bought or added vs 344 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-30 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 107 → 91 → 140 → 110. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 17% medium ■ 21% new
525 out of 837 hedge funds have held TD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

74 → 107 → 91 → 140 → 110 new funds/Q
New funds entering each quarter: 107 → 91 → 140 → 110. A growing number of institutions are discovering TD each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 876 holders: 595 (68%) are 2+ year veterans, 80 entered 1–2 years ago, and 201 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
55 of 830 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in TD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TD

In 2026 Q1, 381 hedge funds were net buyers of TD (110 opened a new position, 271 added to an existing one), while 344 reduced or exited (274 trimmed, 70 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 53% of total institutional value in TD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +40 funds (more new holders than closures). Total institutional holders: 837.

Hedge Fund Ownership: TD

How many hedge funds hold TD — quarterly history vs. share price
Quarterly hedge fund ownership of TD vs. share price

Market Analysis: TD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TD

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Toronto Dominion Bk Ont (TD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TD has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
TD
+28.1%
XLF
+1220.3%

TD outperformed XLF by -1192.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
TD
+11.0%
XLF
+4.8%

Since the filing became public, TD outperformed XLF by +6.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

36 top-rated funds 20 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
4.8
/ 10
conviction
Hedge Fund Positioning: TD
831 + Investors

Track Smart Money conviction in TD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 831 797 4.27%
13F Shares 800M 856M -6.62%
Total Value $73.08B $80.46B -9.17%
New Positions 107 140 -33
Increased Positions 259 258 +1
Closed Positions 73 51 +22
Reduced Positions 265 233 +32
Total Calls 24 24 -
Total Puts 22 26 -15.38%
PUT/CALL Ratio 0.92 1.08 Neutral

Statistics: TD

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

831 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TD. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Canerector Inc 12.31% 200,000 $26.0M
2 Scheer, Rowlett & Associates Investment Management Ltd. 9.18% 1,368,213 $127.6M
3 Heathbridge Capital Management Ltd. 8.24% 243,350 $22.7M
4 Mufg Securities (canada), LTD. 6.67% 2,489,513 $232.1M
5 Cibc World Market INC. 5.99% 39,319,985 $3.67B
6 Bank of Nova Scotia Trust Co 5.98% 746,266 $69.6M
7 TD Waterhouse Canada Inc. 5.77% 20,650,959 $1.94B
8 Portland Investment Counsel INC. 5.75% 192,000 $17.9M
9 Aviso Financial Inc. 5.61% 1,693,349 $158.0M
10 Coleford Investment Management Ltd. 5.52% 241,905 $22.5M
11 Guardian Partners Inc. 5.47% 702,815 $65.6M
12 Dixon Mitchell Investment Counsel Inc. 4.85% 1,499,333 $139.5M
13 Addenda Capital Inc. 4.76% 1,300,447 $169.0M
14 Burkett Asset Management Ltd 4.33% 47,101 $4.4M
15 Scotia Capital INC. 4.06% 10,586,822 $987.4M
16 Triasima Portfolio Management inc. 3.89% 276,049 $25.7M
17 Letko, Brosseau & Associates Inc 3.78% 2,516,065 $234.2M
18 Lorne Steinberg Wealth Management Inc. 3.51% 158,465 $14.8M
19 Gold Investment Management Ltd. 3.44% 119,227 $11.1M
20 Intact Investment Management INC. 3.34% 1,256,136 $117.3M
21 PCJ Investment Counsel Ltd. 3.23% 121,860 $11.4M
22 Guardian Capital LP 3.20% 1,301,737 $121.2M
23 Federation des caisses Desjardins du Quebec 3.20% 9,562,538 $889.5M
24 Flat Footed LLC 3.07% 302,500 $28.2M
25 Hillsdale Investment Management Inc. 3.05% 1,201,500 $112.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Toronto Dominion Bk Ont (TD)

What does the Smart Money Trend signal show for TD?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added TD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TD?

Slight buying edge — 53% buying: Last quarter: 381 funds bought or added vs 344 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TD holders?

Elite ownership — 53% AUM from top-100 funds: 55 of 830 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in TD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TD?

63% of holders stayed for 2+ years: 525 out of 837 hedge funds have held TD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Toronto Dominion Bk Ont (TD) following the 2026 Q1 hedge fund 13F filings?

As of today, TD has moved +11.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of +6.2%. Since the quarter end (March 31, 2026), TD has gained +28.1% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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