BANK OF NOVA SCOTIA TRUST CO
CIK 1335382 · View on SEC EDGAR ↗
- Portfolio value
- $597.8M
- Positions
- 173
- As of
- June 30, 2026
#3,385 of 9,443 by 13F value · top 35.8%
Portfolio value QoQ: -4.3% 13F does not disclose cash
- Top 10 holdings weight
- 46.78%
- Top 25 holdings weight
- 72.81%
- Positions above 1%
- 30
- Effective number of positions
- 28.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 24.6% Est. buys $150,356,036 · sells $232,922,699
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 84.4% still held
- New positions
- 17
- Increased
- 61
- Decreased
- 74
- Closed
- 5
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +19.4% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.6% · Options excluded: 0.0%
Sector breakdown
Financials
31.9%
Industrials
13.3%
Energy
12.5%
Technology
6.4%
Materials
5.8%
Healthcare
5.5%
Financial Services
5.0%
Telecommunication
4.1%
Consumer Discretionary
3.7%
Retail
3.3%
Communication Services
3.1%
Utilities
1.8%
Consumer Staples
0.6%
Communications
0.4%
Real Estate
0.4%
Consumer products
0.2%
Paper & Forest
0.0%
Other/Unmapped
2.1%
Full portfolio 173 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TD Toronto Dominion Bank (The) Common Stock | $58,752,934 | 9.83% | 483,842 | $12,432,450 | Down ×1 | ||
| BMO Bank Of Montreal Common Stock | $51,858,976 | 8.67% | 293,486 | $30,515,587 | Up ×1 | ||
| RY Royal Bank Of Canada Common Stock | $41,197,792 | 6.89% | 199,052 | $-26,294,721 | Down ×2 | ||
| CNI Canadian National Railway Company Common Stock | $24,225,991 | 4.05% | 203,170 | $2,928,964 | Down ×1 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $21,242,854 | 3.55% | 245,157 | $16,873,920 | Up ×1 | ||
| QSR Restaurant Brands International Inc. Common Shares | $17,604,340 | 2.94% | 242,785 | $13,212,241 | Up ×1 | ||
| PBA Pembina Pipeline Corp. Ordinary Shares (Canada) | $17,286,169 | 2.89% | 373,755 | $-796,737 | Down ×1 | ||
| TU Telus Corporation Ordinary Shares | $17,175,256 | 2.87% | 1,624,906 | $10,892,649 | Up ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $15,239,175 | 2.55% | 46,556 | $10,659,692 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $15,058,897 | 2.52% | 59,294 | $-410,733 | Down ×1 | ||
| TRP TC Energy Corporation Common Stock | $14,743,227 | 2.47% | 222,405 | $790,814 | Down ×3 | ||
| SU Suncor Energy Inc. Common Stock | $14,727,108 | 2.46% | 274,350 | $8,779,588 | Up ×1 | ||
| V Visa Inc. | $14,124,329 | 2.36% | 41,168 | $2,037,751 | Up ×3 | ||
| ENB Enbridge Inc Common Stock | $13,688,730 | 2.29% | 252,513 | $-25,992,208 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $12,675,557 | 2.12% | 35,469 | $-3,430,679 | Down ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $10,768,341 | 1.80% | 28,868 | $-9,706,872 | Down ×1 | ||
| FNV Franco-Nevada Corporation | $10,572,494 | 1.77% | 50,722 | $5,283,895 | Up ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $9,364,055 | 1.57% | 10,010 | $1,887,841 | Up ×1 | ||
| TEL TE Connectivity plc Ordinary Shares | $8,765,196 | 1.47% | 43,476 | $-470,980 | Down ×2 | ||
| CNQ Canadian Natural Resources Limited Common Stock | $8,704,378 | 1.46% | 220,364 | $-27,803,602 | Down ×1 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $8,542,489 | 1.43% | 200,575 | $-10,013,977 | Down ×1 | ||
| MFC Manulife Financial Corporation Common Stock | $7,917,112 | 1.32% | 195,436 | $-12,795,448 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $7,316,561 | 1.22% | 30,698 | $771,468 | Down ×3 | ||
| FTS Fortis Inc. Common Shares | $6,927,405 | 1.16% | 121,045 | $-8,440,620 | Down ×1 | ||
| RBA RB Global, Inc. Common Stock | $6,813,722 | 1.14% | 58,512 | $6,246,769 | Up ×1 | ||
| DHR Danaher Corporation Common Stock | $6,620,894 | 1.11% | 34,759 | $32,104 | Up ×1 | ||
| GIB CGI Inc. Common Stock | $6,585,430 | 1.10% | 101,989 | $5,046,163 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $6,336,116 | 1.06% | 21,897 | $720,758 | Down ×3 | ||
| RCI Rogers Communication, Inc. Common Stock | $6,157,450 | 1.03% | 189,460 | $4,631,677 | Up ×1 | ||
| SLF Sun Life Financial Inc. Common Stock | $5,958,352 | 1.00% | 75,980 | $-11,602,553 | Down ×1 | ||
| LIN Linde plc - Ordinary Shares | $5,626,866 | 0.94% | 10,843 | $3,002,808 | Up ×1 | ||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $5,379,362 | 0.90% | 47,113 | $3,635,055 | Up ×2 | ||
| WCN Waste Connections, Inc. Common Shares | $4,960,028 | 0.83% | 29,756 | $-9,770,681 | Down ×1 | ||
| CME CME Group Inc. - Class A Common Stock | $4,476,003 | 0.75% | 20,269 | $-1,408,846 | Up ×3 | ||
| BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares | $4,462,881 | 0.75% | 51,392 | $-6,727,357 | Down ×2 | ||
| AEM Agnico Eagle Mines Limited Common Stock | $4,168,498 | 0.70% | 26,871 | $-310,459 | Up ×2 | ||
| Unknown issuer (CUSIP: 884903881) | $3,897,864 | 0.65% | 47,727 | Up ×1 | |||
| NTR Nutrien Ltd. Common Shares | $3,760,381 | 0.63% | 59,736 | $-779,293 | Down ×3 | ||
| ABT Abbott Laboratories Common Stock | $3,630,507 | 0.61% | 40,010 | $2,114,892 | Up ×2 | ||
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $3,449,572 | 0.58% | 30,712 | $2,865,922 | Up ×1 | ||
| STN Stantec Inc Common Stock | $2,807,669 | 0.47% | 40,744 | $2,195,439 | Up ×2 | ||
| SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) | $2,775,932 | 0.46% | 35,800 | $-490,693 | Up ×1 | ||
| TECK Teck Resources Ltd Ordinary Shares | $2,755,733 | 0.46% | 46,346 | $2,590,237 | Up ×5 | ||
| MDT Medtronic plc. Ordinary Shares | $2,542,397 | 0.43% | 32,499 | $-4,815,574 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $2,368,724 | 0.40% | 6,704 | $383,940 | Down ×3 | ||
| SHW Sherwin-Williams Company (The) Common Stock | $2,133,751 | 0.36% | 6,197 | $1,834,037 | Up ×1 | ||
| MKC McCormick & Company, Incorporated Common Stock | $2,061,926 | 0.34% | 40,895 | $68,487 | Up ×2 | ||
| SPY SPY | $1,982,674 | 0.33% | 2,655 | $256,021 | |||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $1,915,223 | 0.32% | 4,608 | $364,472 | Down ×2 | ||
| BIP Brookfield Infrastructure Partners LP Limited Partnership Units | $1,914,411 | 0.32% | 52,464 | $655,593 | Up ×1 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $1,888,750 | 0.32% | 12,467 | $-273,109 | Down ×2 | ||
| CRM Salesforce, Inc. Common Stock | $1,791,094 | 0.30% | 11,433 | $-365,505 | Down ×1 | ||
| Unknown issuer (CUSIP: 438516205) | $1,790,080 | 0.30% | 7,995 | Up ×1 | |||
| BRKB | $1,781,388 | 0.30% | 3,560 | $1,623,731 | Up ×1 | ||
| Unknown issuer (CUSIP: 43849R105) | $1,767,535 | 0.30% | 7,995 | Up ×1 | |||
| DIS Walt Disney Company (The) Common Stock | $1,757,429 | 0.29% | 18,259 | $-1,859,134 | Down ×1 | ||
| CAE CAE Inc. Ordinary Shares | $1,679,120 | 0.28% | 67,004 | $48,703 | Up ×3 | ||
| MCD McDonald's Corporation Common Stock | $1,516,709 | 0.25% | 5,611 | $-78,265 | Up ×2 | ||
| EMR Emerson Electric Company Common Stock | $1,515,529 | 0.25% | 10,587 | $-2,303,966 | Down ×1 | ||
| CM Canadian Imperial Bank of Commerce Common Stock | $1,508,685 | 0.25% | 13,119 | $-4,310,955 | Down ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $1,488,453 | 0.25% | 12,672 | $659,947 | Up ×2 | ||
| AVGO Broadcom Inc. - Common Stock | $1,308,148 | 0.22% | 3,463 | $348,048 | Up ×1 | ||
| FTV Fortive Corporation Common Stock | $1,245,808 | 0.21% | 20,393 | $-1,026,642 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,230,225 | 0.21% | 2,184 | $-18,735 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $1,153,319 | 0.19% | 5,764 | $-2,646,857 | Down ×1 | ||
| BCE BCE, Inc. Common Stock | $1,098,989 | 0.18% | 51,092 | $-545,397 | Down ×4 | ||
| PGR Progressive Corporation (The) Common Stock | $1,091,813 | 0.18% | 4,998 | $222,531 | Up ×2 | ||
| TFII TFI International Inc. Common Shares | $1,069,740 | 0.18% | 7,451 | $-68,051 | Down ×1 | ||
| VLO Valero Energy Corporation Common Stock | $994,620 | 0.17% | 3,819 | $-573,844 | Down ×2 | ||
| AON Aon plc Class A Ordinary Shares (Ireland) | $962,564 | 0.16% | 2,902 | $546,823 | Up ×1 | ||
| ATS ATS Corporation Common Shares | $920,240 | 0.15% | 31,975 | $35,211 | Up ×2 | ||
| PSA Public Storage Common Stock | $901,454 | 0.15% | 2,832 | $-3,292,852 | Down ×1 | ||
| CLS Celestica, Inc. Common Stock | $898,867 | 0.15% | 2,464 | $204,807 | |||
| KGC Kinross Gold Corporation Common Stock | $890,734 | 0.15% | 37,711 | $-260,206 | |||
| BGSI Boyd Group Services Inc. Common Shares | $848,931 | 0.14% | 8,972 | $-151,957 | Up ×2 | ||
| BLK BlackRock, Inc. Common Stock | $836,557 | 0.14% | 870 | $33,529 | Up ×1 | ||
| ECL Ecolab Inc. Common Stock | $835,830 | 0.14% | 3,000 | $90,974 | Up ×1 | ||
| ANET Arista Networks, Inc. Common Stock | $786,205 | 0.13% | 4,628 | Up ×1 | |||
| FSV FirstService Corporation - Common Shares | $779,047 | 0.13% | 5,482 | $619,961 | Up ×1 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $771,520 | 0.13% | 12,833 | $-123,991 | Down ×1 | ||
| GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock | $766,570 | 0.13% | 14,856 | $759,113 | Up ×1 | ||
| Q Qnity Electronics, Inc. Common Stock | $723,790 | 0.12% | 4,432 | $-105,331 | Down ×2 | ||
| DOO BRP Inc. - Common Subordinate Voting Shares | $685,926 | 0.11% | 11,241 | $265,119 | Up ×3 | ||
| MGA Magna International, Inc. Common Stock | $684,571 | 0.11% | 10,426 | $677,818 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $676,925 | 0.11% | 1,318 | $-2,935,617 | Down ×3 | ||
| CIGI Colliers International Group Inc. - Subordinate Voting Shares | $643,775 | 0.11% | 6,864 | $-37,969 | Up ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $629,915 | 0.11% | 1,319 | $578,547 | Up ×1 | ||
| TXN Texas Instruments Incorporated - Common Stock | $584,515 | 0.10% | 1,961 | $-660,893 | Down ×1 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $582,580 | 0.10% | 1,162 | $-1,127,453 | Down ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $572,628 | 0.10% | 7,046 | $567,685 | Up ×1 | ||
| DSGX The Descartes Systems Group Inc. - Common Stock | $570,745 | 0.10% | 8,243 | $-33,078 | Down ×2 | ||
| MEOH Methanex Corporation - Common Stock | $544,939 | 0.09% | 11,808 | $-158,109 | |||
| ELV Elevance Health, Inc. Common Stock | $520,539 | 0.09% | 1,346 | $310,637 | Up ×3 | ||
| LLY Eli Lilly and Company Common Stock | $495,365 | 0.08% | 413 | $115,500 | |||
| MNST Monster Beverage Corporation - Common Stock | $433,213 | 0.07% | 4,507 | $94,825 | Down ×1 | ||
| IBKR Interactive Brokers Group, Inc. - Class A Common Stock | $414,136 | 0.07% | 4,758 | $33,983 | Down ×2 | ||
| ORCL Oracle Corporation Common Stock | $407,262 | 0.07% | 2,779 | $-442,887 | Down ×1 | ||
| WMT Walmart Inc. - Common Stock | $406,717 | 0.07% | 3,591 | $-1,130,254 | Down ×3 | ||
| ACN Accenture plc Class A Ordinary Shares (Ireland) | $387,133 | 0.06% | 3,111 | $-88,168 | Up ×1 | ||
| SOBO South Bow Corporation Common Shares | $385,103 | 0.06% | 10,928 | $-51,922 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 884903881) | $3,897,864 | 47,727 | 0.65% |
| Unknown issuer (CUSIP: 438516205) | $1,790,080 | 7,995 | 0.30% |
| Unknown issuer (CUSIP: 43849R105) | $1,767,535 | 7,995 | 0.30% |
| ANET | $786,205 | 4,628 | 0.13% |
| USB | $373,876 | 6,190 | 0.06% |
| HPE | $324,386 | 7,191 | 0.05% |
| URI | $292,286 | 258 | 0.05% |
| IYW | $255,005 | 1,011 | 0.04% |
| DHI | $245,786 | 1,509 | 0.04% |
| ROK | $242,589 | 490 | 0.04% |
| LFUS | $217,192 | 477 | 0.04% |
| ILMN | $209,414 | 1,191 | 0.04% |
| Unknown issuer (CUSIP: G2004J103) | $200,076 | 7,003 | 0.03% |
| GPGI | $183,511 | 11,578 | 0.03% |
| CRH | $156,006 | 1,458 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BMO | Bought more | +136K | +$30.5M |
| CNQ | Trimmed | -529K | -$27.8M |
| RY | Trimmed | -218K | -$26.3M |
| ENB | Trimmed | -480K | -$26.0M |
| CP | Bought more | +190K | +$16.9M |
| QSR | Bought more | +183K | +$13.2M |
| MFC | Trimmed | -406K | -$12.8M |
| TD | Trimmed | -13K | +$12.4M |
| SLF | Trimmed | -205K | -$11.6M |
| TU | Bought more | +1.1M | +$10.9M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 16,376 | $3,701,467 | -1.9% |
| TRI | June 30, 2026 | 19,546 | $1,758,749 | 29.1% |
| IEFA | Sept. 30, 2025 | 19,351 | $1,615,421 | No longer tracked |
| ULXXXX | Dec. 31, 2025 | 15,850 | $939,588 | No longer tracked |
| VRN | June 30, 2025 | 110,000 | $728,200 | No longer tracked |
| LH | June 30, 2025 | 2,840 | $660,982 | 26.6% |
| APD | June 30, 2025 | 2,100 | $619,332 | 7.7% |
| DE | Sept. 30, 2025 | 800 | $406,792 | 36.4% |
| GRTUF | March 31, 2026 | 6,728 | $398,230 | No longer tracked |
| MGA | March 31, 2025 | 8,954 | $374,188 | 111.7% |
| HWM | Dec. 31, 2025 | 1,805 | $354,195 | 34.6% |
| OZK | June 30, 2026 | 5,569 | $255,561 | -4.7% |
| CACC | March 31, 2026 | 547 | $242,573 | 42.7% |
| DHI | Dec. 31, 2025 | 1,384 | $234,546 | 3.0% |
| AME | March 31, 2025 | 1,223 | $220,458 | 39.8% |
| CCL | March 31, 2026 | 7,208 | $220,132 | -0.8% |
| BX | June 30, 2025 | 1,570 | $219,455 | -4.2% |
| CNXC | March 31, 2026 | 5,159 | $214,511 | -7.3% |
| BAH | March 31, 2026 | 2,534 | $213,768 | -1.6% |
| TSLA | March 31, 2025 | 525 | $212,016 | 34.6% |
| LCII | June 30, 2026 | 1,702 | $209,312 | -1.0% |
| URI | March 31, 2026 | 258 | $208,805 | 51.9% |
| DD | June 30, 2026 | 4,540 | $207,932 | 3.3% |
| MKTX | Sept. 30, 2025 | 929 | $207,483 | -7.0% |
| FISV | Dec. 31, 2025 | 1,604 | $206,804 | -23.3% |
| PAYX | June 30, 2025 | 1,340 | $206,735 | -16.1% |
| VRSK | Sept. 30, 2025 | 662 | $206,213 | -26.0% |
| MIDD | March 31, 2025 | 1,520 | $205,884 | -26.1% |
| ASML | March 31, 2026 | 192 | $205,413 | 32.8% |
| BX | Dec. 31, 2025 | 1,195 | $204,166 | -7.0% |
| IYW | March 31, 2026 | 1,011 | $201,876 | No longer tracked |
| LOW | March 31, 2025 | 811 | $200,155 | -6.7% |
| EL | June 30, 2025 | 2,780 | $183,480 | 21.6% |
| ZTS | Dec. 31, 2025 | 1,250 | $182,900 | -39.1% |
| ADBE | March 31, 2026 | 514 | $179,895 | 12.3% |
| PCG | March 31, 2026 | 10,017 | $160,973 | 1.8% |
| NEE | Sept. 30, 2025 | 1,005 | $69,767 | 12.6% |
| MRSH | Sept. 30, 2025 | 275 | $60,126 | -5.2% |
| DEO | March 31, 2025 | 370 | $47,038 | -11.0% |
| ASML | March 31, 2025 | 26 | $18,020 | 164.8% |
| BDX | March 31, 2026 | 5 | $970 | 20.1% |