BANK OF NOVA SCOTIABANK OF NOVA SCOTIA

Institutional investor · Portfolio as of Q4 2025

SEC EDGAR SourceSEC Filings
$67.5B
AUM
1,103
Positions
Q4 2025
Filing
Rating · 1.5
Quarterly Portfolio Change
-22%Q1'25$44.6B+10%Q2'25$48.9B+16%Q3'25$56.6B+19%Q4'25$67.5B
Activity profile
$ moved · Q4'25
New4%Increased65%Decreased28%Exited3%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.4 quarters
<1Q10%1-4Q14%1-2Y76%2Y+1%

BANK OF NOVA SCOTIA manages $67.5B across 1103 positions as of Q4 2025. Top holdings: NVDA (6.5%), KEY (5.0%), MSFT (4.2%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 1.5/5.0.

Q4 2025 Summary

Active quarter - 153 new positions, 94 exits, 566 increased. Top move: GOOGL (INCREASED, conviction 94). Portfolio: $67.5B across 1103 positions.

Top holdings by portfolio weight

Total AUM$67B
NVDA6.55%
KEY4.95%
MSFT4.24%
RY3.84%
AAPL3.63%
IVV3.39%
GOOGL3.35%
AVGO3.07%
TD2.72%
META2.07%
Other2.06%

Portfolio allocation by GICS sector

Sectors11
Technology29.33%
Financial Services23.99%
Communication Services10.79%
Unknown8.00%
Consumer Cyclical7.27%
Healthcare5.54%
Industrials4.60%
Energy3.20%
Basic Materials2.82%
Consumer Defensive2.42%
Other2.04%

Behavioral investing profile

7-dimension quality assessment
Below Average(1.5 / 5.0)
Track Record53
Conviction45
Concentration0
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Holdings1,103 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

NVIDIA CORPORATION

23.7M$4.4B6.5%$148.34+26.43%
5 qtrssince 2024-Q4
Increased
73

KEYCORP

162.1M$3.3B5.0%$16.32+27.02%
5 qtrssince 2024-Q4
Decreased
0

MICROSOFT CORP

5.9M$2.9B4.2%$445.43+9.44%
5 qtrssince 2024-Q4
Increased
83

ROYAL BK CDA

15.2M$2.6B3.8%$117.76+45.71%
5 qtrssince 2024-Q4
Increased
59

APPLE INC

9M$2.5B3.6%$244.42+11.62%
5 qtrssince 2024-Q4
Decreased
0
IVVIVV
ETF

iShares Trust CORE S&P500 ETF

3.3M$2.3B3.4%$650.45+6.07%
5 qtrssince 2024-Q4
Increased
85

ALPHABET INC

7.2M$2.3B3.4%$255.74+22.72%
5 qtrssince 2024-Q4
Increased
94

BROADCOM INC

6M$2.1B3.1%$297.82+17.47%
5 qtrssince 2024-Q4
Increased
94

TORONTO DOMINION BK ONT

19.5M$1.8B2.7%$53.92+75.65%
5 qtrssince 2024-Q4
Increased
59

META PLATFORMS INC

2.1M$1.4B2.1%$644.55+3.32%
5 qtrssince 2024-Q4
Increased
87

ALPHABET INC

4.4M$1.4B2.1%$191.66+64.12%
5 qtrssince 2024-Q4
Decreased
0

AMAZON COM INC

5.6M$1.3B1.9%$221.63+4.92%
5 qtrssince 2024-Q4
Decreased
0

CANADIAN IMPERIAL BANK OF CO

12.6M$1.1B1.7%$61.73+48.17%
5 qtrssince 2024-Q4
Decreased
0

MICRON TECHNOLOGY INC

3.5M$1B1.5%$217.54+34.51%
5 qtrssince 2024-Q4
Increased
81

TESLA INC

1.7M$783.6M1.2%$434.52+4.58%
5 qtrssince 2024-Q4
Increased
62

BANK MONTREAL MEDIUM

6M$774.7M1.1%$93.68+39.30%
5 qtrssince 2024-Q4
Decreased
0

JPMORGAN CHASE & CO

2M$636M0.9%$266.57+20.78%
5 qtrssince 2024-Q4
Decreased
0

BROOKFIELD CORP

13.8M$632M0.9%$39.33+17.69%
5 qtrssince 2024-Q4
Increased
51

PALANTIR TECHNOLOGIES INC

3M$528.9M0.8%$171.70+5.32%
5 qtrssince 2024-Q4
Increased
71
SPYSPY
Unit

State Street Spdr S&p 500 Etf Trust TR UNIT

720,686$491.5M0.7%$583.27+17.79%
5 qtrssince 2024-Q4
Decreased
0
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Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
5Q
NLYANNALY CAPITAL MANAGEMENT IN
Q1 2025 Q1 2026+41,687 shares+$935,615
5Q
ARESARES MANAGEMENT CORPORATION
Q1 2025 Q1 2026+74,937 shares+$7.9M
5Q
WTRGESSENTIAL UTILS INC
Q1 2025 Q1 2026+41,449 shares+$1.7M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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