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Bank of Nova Scotia Top Holdings and 13F Report (2025)

About Bank of Nova Scotia

Bank of Nova Scotia NYSE: BNS has filed 13-F forms with the SEC as an investor. Bank of Nova Scotia is itself a publicly traded company. For more information on Bank of Nova Scotia stock, visit the Bank of Nova Scotia stock profile here.

Investment Activity

  • Bank of Nova Scotia has $41.97 billion in total holdings as of March 31, 2025.
  • Bank of Nova Scotia owns shares of 935 different stocks, but just 114 companies or ETFs make up 80% of its holdings.
  • Approximately 12.12% of the portfolio was purchased this quarter.
  • About 35.31% of the portfolio was sold this quarter.
  • This quarter, Bank of Nova Scotia has purchased 955 new stocks and bought additional shares in 263 stocks.
  • Bank of Nova Scotia sold shares of 571 stocks and completely divested from 94 stocks this quarter.

Largest Holdings

NVIDIA
$2,554,039,547
Apple
$2,454,935,287
Microsoft
$2,123,299,404
Royal Bank of Canada
$1,892,974,692
Toronto-Dominion Bank
$1,456,982,305

Largest New Holdings this Quarter

08579W103 - Berry Global Group
$81,321,669 Holding
78464A714 - SPDR S&P Retail ETF
$69,090,000 Holding
464289842 - iShares MSCI Peru and Global Exposure ETF
$59,329,229 Holding
46434G103 - iShares Core MSCI Emerging Markets ETF
$38,175,680 Holding
464287176 - iShares TIPS Bond ETF
$33,327,000 Holding

Largest Purchases this Quarter

TC Energy
7,562,887 shares (about $357.21M)
Canadian Natural Resources
11,259,267 shares (about $346.50M)
Vanguard Total World Stock ETF
2,063,258 shares (about $239.23M)
Financial Select Sector SPDR Fund
2,996,882 shares (about $149.27M)
Royal Bank of Canada
1,249,589 shares (about $140.78M)

Largest Sales this Quarter

NVIDIA
13,073,091 shares (about $1.42B)
Microsoft
2,755,292 shares (about $1.03B)
SPDR S&P 500 ETF Trust
1,077,589 shares (about $602.79M)
Toronto-Dominion Bank
9,090,026 shares (about $544.76M)
Meta Platforms
929,103 shares (about $535.47M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofBank of Nova Scotia

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
NVIDIA Co. stock logo
NVDA
NVIDIA
$2,554,039,547$1,416,842,263 -35.7%23,565,9206.1%Computer and Technology
Apple Inc. stock logo
AAPL
Apple
$2,454,935,287$13,964,464 0.6%11,051,9405.8%Computer and Technology
Microsoft Co. stock logo
MSFT
Microsoft
$2,123,299,404$1,034,291,554 -32.8%5,656,3455.1%Computer and Technology
Royal Bank of Canada stock logo
RY
Royal Bank of Canada
$1,892,974,692$140,781,468 8.0%16,802,2144.5%Finance
The Toronto-Dominion Bank stock logo
TD
Toronto-Dominion Bank
$1,456,982,305$544,762,182 -27.2%24,311,5393.5%Finance
Canadian Imperial Bank of Commerce stock logo
CM
Canadian Imperial Bank of Commerce
$1,010,848,907$43,498,810 4.5%17,967,4362.4%Finance
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$816,498,066$26,625,504 -3.2%4,291,5861.9%Retail/Wholesale
Bank of Montreal stock logo
BMO
Bank of Montreal
$803,151,971$47,566,698 -5.6%8,409,3671.9%Finance
TC Energy Co. stock logo
TRP
TC Energy
$802,164,388$357,211,351 80.3%16,983,4431.9%Energy
Canadian Natural Resources Limited stock logo
CNQ
Canadian Natural Resources
$746,674,683$346,499,243 86.6%24,262,7071.8%Energy
Alphabet Inc. stock logo
GOOGL
Alphabet
$741,672,843$414,012,785 -35.8%4,796,1571.8%Computer and Technology
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$714,547,595$602,791,694 -45.8%1,277,3711.7%Finance
Alphabet Inc. stock logo
GOOG
Alphabet
$683,774,738$100,225,277 -12.8%4,376,9241.6%Computer and Technology
Brookfield Co. stock logo
BN
Brookfield
$613,051,347$1,242,112 -0.2%11,707,1431.5%Finance
Broadcom Inc. stock logo
AVGO
Broadcom
$528,646,080$299,047,790 -36.1%3,157,4291.3%Computer and Technology
Meta Platforms, Inc. stock logo
META
Meta Platforms
$482,056,078$535,467,187 -52.6%836,4281.1%Computer and Technology
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$449,988,973$117,176,974 35.2%859,1871.1%Medical
Manulife Financial Co. stock logo
MFC
Manulife Financial
$436,007,005$29,225,238 7.2%13,990,8101.0%Finance
BCE Inc. stock logo
BCE
BCE
$422,953,337$34,918,956 -7.6%18,424,6621.0%Utilities
Tesla, Inc. stock logo
TSLA
Tesla
$416,134,600$14,328,028 -3.3%1,605,5191.0%Auto/Tires/Trucks
iShares Core S&P 500 ETF stock logo
IVV
iShares Core S&P 500 ETF
$388,179,624$373,594,386 -49.0%690,8340.9%ETF
TELUS Co. stock logo
TU
TELUS
$378,897,495$54,589,712 -12.6%26,413,5980.9%Utilities
Shopify Inc. stock logo
SHOP
Shopify
$359,345,776$501,414 0.1%3,776,8200.9%Computer and Technology
Sun Life Financial Inc. stock logo
SLF
Sun Life Financial
$330,847,871$15,267,768 4.8%5,780,0010.8%Finance
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$322,376,551$107,879,043 -25.1%1,314,2340.8%Finance
Enbridge Inc. stock logo
ENB
Enbridge
$316,256,408$170,464,777 -35.0%7,144,7400.8%Energy
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$277,635,676$114,308,967 70.0%4,499,0380.7%Computer and Technology
Fortis Inc. stock logo
FTS
Fortis
$273,949,539$22,029,432 -7.4%6,013,3040.7%Utilities
Canadian National Railway stock logo
CNI
Canadian National Railway
$270,333,992$1,998,528 0.7%2,777,5640.6%Transportation
Advanced Micro Devices, Inc. stock logo
AMD
Advanced Micro Devices
$268,828,823$19,804,695 -6.9%2,616,4010.6%Computer and Technology
Suncor Energy Inc. stock logo
SU
Suncor Energy
$266,171,983$100,897,792 -27.5%6,873,3230.6%Energy
Agnico Eagle Mines Limited stock logo
AEM
Agnico Eagle Mines
$256,773,653$22,045,073 -7.9%2,369,7060.6%Basic Materials
Vanguard Total World Stock ETF stock logo
VT
Vanguard Total World Stock ETF
$254,331,455$239,234,765 1,584.7%2,193,4580.6%ETF
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$241,783,060$65,964,873 37.5%2,693,7210.6%Medical
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$229,987,258$19,656,473 9.3%1,877,4470.5%Consumer Discretionary
Mastercard Incorporated stock logo
MA
Mastercard
$229,850,968$131,462,347 133.6%419,3630.5%Business Services
Pembina Pipeline Co. stock logo
PBA
Pembina Pipeline
$218,914,132$65,375,861 -23.0%5,472,2890.5%Energy
Canadian Pacific Kansas City Limited stock logo
CP
Canadian Pacific Kansas City
$216,029,623$1,928,345 0.9%3,077,8710.5%Transportation
Rogers Communications Inc. stock logo
RCI
Rogers Communications
$213,641,368$7,016,541 3.4%7,998,9070.5%Consumer Discretionary
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$203,900,888$98,713,752 -32.6%246,8840.5%Medical
PALO ALTO NETWORKS INC
$193,001,557$78,376,197 68.4%56,176,9570.5%NOTE 0.375% 6/0
Nutrien Ltd. stock logo
NTR
Nutrien
$182,288,882$81,586,780 -30.9%3,672,3890.4%Basic Materials
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$175,676,838$330,019,586 -65.3%329,8600.4%Finance
Philip Morris International Inc. stock logo
PM
Philip Morris International
$167,458,563$65,800,887 -28.2%1,054,9900.4%Consumer Staples
Credicorp Ltd. stock logo
BAP
Credicorp
$161,465,319$28,884,958 21.8%867,3470.4%Finance
iShares China Large-Cap ETF stock logo
FXI
iShares China Large-Cap ETF
$155,794,577$69,638,761 -30.9%4,346,9720.4%ETF
Financial Select Sector SPDR Fund stock logo
XLF
Financial Select Sector SPDR Fund
$152,701,272$149,274,693 4,356.4%3,065,6750.4%ETF
Salesforce, Inc. stock logo
CRM
Salesforce
$149,337,919$90,861,593 -37.8%556,5230.4%Computer and Technology
Adobe Inc. stock logo
ADBE
Adobe
$148,428,060$22,371,021 17.7%387,0100.4%Computer and Technology
Boston Scientific Co. stock logo
BSX
Boston Scientific
$147,878,993$109,043,146 280.8%1,465,9140.4%Medical
Intuitive Surgical, Inc. stock logo
ISRG
Intuitive Surgical
$137,737,911$44,823,653 48.2%278,1360.3%Medical
Costco Wholesale Co. stock logo
COST
Costco Wholesale
$132,750,016$151,808,332 -53.3%140,3750.3%Retail/Wholesale
Netflix, Inc. stock logo
NFLX
Netflix
$130,735,099$66,735,095 -33.8%140,1950.3%Consumer Discretionary
Compañía de Minas Buenaventura S.A.A. stock logo
BVN
Compañía de Minas Buenaventura S.A.A.
$130,613,971$33,975,337 -20.6%8,356,6200.3%Basic Materials
Bank of America Co. stock logo
BAC
Bank of America
$130,347,724$127,284,993 -49.4%3,123,5980.3%Finance
Discover Financial Services stock logo
DFS
Discover Financial Services
$128,385,689$32,553,856 34.0%752,1130.3%Finance
Datadog, Inc. stock logo
DDOG
Datadog
$128,249,806$127,216,331 12,309.6%1,292,7050.3%Computer and Technology
Caterpillar Inc. stock logo
CAT
Caterpillar
$127,784,894$21,890,397 -14.6%387,4690.3%Industrials
Citigroup Inc. stock logo
C
Citigroup
$125,647,216$65,990,292 -34.4%1,769,6720.3%Finance
Walmart Inc. stock logo
WMT
Walmart
$124,262,929$83,411,493 -40.2%1,415,5590.3%Retail/Wholesale
ARISTA NETWORKS INC
$117,245,359$78,464,508 202.3%1,513,3480.3%COM SHS
Visa Inc. stock logo
V
Visa
$117,014,280$32,456,037 -21.7%333,9280.3%Business Services
Micron Technology, Inc. stock logo
MU
Micron Technology
$116,070,604$67,876,624 140.8%1,335,7590.3%Computer and Technology
Akamai Technologies, Inc. stock logo
AKAM
Akamai Technologies
$115,496,168$100,658,730 678.4%1,434,7350.3%Computer and Technology
Gilead Sciences, Inc. stock logo
GILD
Gilead Sciences
$114,924,083$28,214,526 32.5%1,025,6500.3%Medical
BARRICK GOLD CORP
$113,293,548$2,678,776 2.4%5,834,3660.3%COM
DOORDASH INC
$111,489,707$90,577,414 433.1%610,0020.3%CL A
Restaurant Brands International Inc. stock logo
QSR
Restaurant Brands International
$111,257,598$30,026,353 37.0%1,668,7480.3%Retail/Wholesale
Brookfield Asset Management Ltd. stock logo
BAM
Brookfield Asset Management
$109,913,411$1,351,647 1.2%2,269,8330.3%Finance
The Cigna Group stock logo
CI
The Cigna Group
$109,700,115$68,017,131 163.2%333,4350.3%Medical
Wheaton Precious Metals Corp. stock logo
WPM
Wheaton Precious Metals
$109,522,631$12,806 0.0%1,411,1810.3%Basic Materials
Brookfield Infrastructure Partners L.P. stock logo
BIP
Brookfield Infrastructure Partners
$106,577,383$416,280 -0.4%3,582,0260.3%Finance
RTX Co. stock logo
RTX
RTX
$105,550,752$46,393,321 -30.5%796,8500.3%Aerospace
Oracle Co. stock logo
ORCL
Oracle
$105,374,812$12,367,776 13.3%753,7060.3%Computer and Technology
Cenovus Energy Inc. stock logo
CVE
Cenovus Energy
$105,221,100$3,264,274 3.2%7,569,8690.3%Energy
Kinross Gold Co. stock logo
KGC
Kinross Gold
$103,228,252$2,115,106 -2.0%8,192,4970.2%Basic Materials
The Charles Schwab Co. stock logo
SCHW
Charles Schwab
$101,785,998$2,235,442 2.2%1,300,2810.2%Finance
iShares Russell 1000 Value ETF stock logo
IWD
iShares Russell 1000 Value ETF
$101,451,553$466,070 -0.5%539,1800.2%ETF
Danaher Co. stock logo
DHR
Danaher
$101,351,031$552,248 -0.5%494,4150.2%Medical
Johnson & Johnson stock logo
JNJ
Johnson & Johnson
$100,327,754$25,133,556 33.4%604,9710.2%Medical
iShares MSCI ACWI ETF stock logo
ACWI
iShares MSCI ACWI ETF
$96,972,136$49,900,319 106.0%833,1680.2%Manufacturing
Franco-Nevada Co. stock logo
FNV
Franco-Nevada
$96,593,743$1,133,344 -1.2%614,0750.2%Basic Materials
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$93,358,116$27,314,466 -22.6%643,3240.2%Computer and Technology
Intuit Inc. stock logo
INTU
Intuit
$92,828,755$9,415,007 -9.2%151,1880.2%Computer and Technology
Waste Connections, Inc. stock logo
WCN
Waste Connections
$91,194,604$3,016,225 -3.2%467,7910.2%Business Services
The Progressive Co. stock logo
PGR
Progressive
$90,956,713$57,369,366 -38.7%321,4500.2%Finance
Hess Co. stock logo
HES
Hess
$90,897,392$4,050,114 -4.3%569,0690.2%Energy
The Goldman Sachs Group, Inc. stock logo
GS
The Goldman Sachs Group
$90,270,361$45,005,171 -33.3%165,2520.2%Finance
McDonald's Co. stock logo
MCD
McDonald's
$89,615,018$42,689,955 91.0%286,9300.2%Retail/Wholesale
Newmont Co. stock logo
NEM
Newmont
$88,947,547$42,612,847 92.0%1,842,3290.2%Basic Materials
Invesco S&P 500 Equal Weight ETF stock logo
RSP
Invesco S&P 500 Equal Weight ETF
$88,780,3750.0%512,5000.2%ETF
Morgan Stanley stock logo
MS
Morgan Stanley
$88,153,636$59,157,524 204.0%755,5810.2%Finance
The Home Depot, Inc. stock logo
HD
Home Depot
$84,399,015$53,683,612 -38.9%230,3130.2%Retail/Wholesale
iShares Russell 1000 Growth ETF stock logo
IWF
iShares Russell 1000 Growth ETF
$82,689,6100.0%229,0000.2%ETF
Consumer Staples Select Sector SPDR Fund stock logo
XLP
Consumer Staples Select Sector SPDR Fund
$82,438,515$81,670 -0.1%1,009,4100.2%ETF
Thomson Reuters Co. stock logo
TRI
Thomson Reuters
$82,434,431$3,053,459 -3.6%477,6320.2%Business Services
The Procter & Gamble Company stock logo
PG
Procter & Gamble
$82,049,301$58,048,990 -41.4%481,4830.2%Consumer Staples
Health Care Select Sector SPDR Fund stock logo
XLV
Health Care Select Sector SPDR Fund
$81,807,213$211,568 -0.3%560,2850.2%ETF
Berry Global Group, Inc. stock logo
BERY
Berry Global Group
$81,321,669$81,321,669 New Holding1,164,9000.2%Industrials
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$80,402,101$94,499,512 -54.0%1,120,1100.2%Finance

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