BANK OF NOVA SCOTIA

CIK: 0000009631SEC EDGAR →

Portfolio Value

$67.5B

Holdings

1,022

As of

Q4 2025

New Positions

151

Closed Positions

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	NVDAPut NVIDIA CORPORATION	23,800,710	$4.4B	6.57%
2	KEY KEYCORP	162,095,375	$3.3B	4.95%
3	MSFTPut MICROSOFT CORP	5,936,056	$2.9B	4.25%
4	RY ROYAL BK CDA	15,233,532	$2.6B	3.84%
5	AAPLPut APPLE INC	9,015,976	$2.4B	3.63%
6	IVV ISHARES TR	3,345,592	$2.3B	3.39%
7	GOOGLPut ALPHABET INC	7,243,634	$2.3B	3.35%
8	AVGOPut BROADCOM INC	5,985,818	$2.1B	3.06%
9	TD TORONTO DOMINION BK ONT	19,486,741	$1.8B	2.72%
10	METAPut META PLATFORMS INC	2,118,774	$1.4B	2.07%

Quarterly Changes

Top Buys

AVGONEW

$2.1B

GOOGL↑ Increased

$1.5B

GOOGNEW

$1.4B

MUNEW

$1.0B

IVV↑ Increased

$929.6M

Top Sells

GOOGCLOSED

$1.3B

AAPL↓ Decreased

$1.2B

AVGOCLOSED

$939.1M

SHOPCLOSED

$680.0M

SPY↓ Decreased

$387.4M

New Positions (176)

AVGO

$2.1B · 6.0M shares

GOOG

$1.4B · 4.4M shares

$1.0B · 3.5M shares

PLTR

$529.0M · 3.0M shares

ORCL

$442.0M · 2.3M shares

SHOP

$413.0M · 2.6M shares

NFLX

$303.0M · 3.2M shares

BRK/B

$280.0M · 559K shares

LULU

$191.0M · 924K shares

UBER

$137.0M · 1.7M shares

$79.0M · 910K shares

$76.0M · 502K shares

$51.0M · 850K shares

$47.0M · 210K shares

$33.0M · 16.2M shares

$33.0M · 542K shares

$32.0M · 425K shares

$31.0M · 307K shares

$30.0M · 1.4M shares

$28.0M · 1.7M shares

$25.0M · 69K shares

$25.0M · 471K shares

$24.0M · 312K shares

$24.0M · 172K shares

$22.0M · 401K shares

$21.0M · 172K shares

$21.0M · 5.6M shares

$16.0M · 846K shares

EXPE 0 02/15/26

$16.0M · 15.0M shares

DUK

$15.0M · 135K shares

TSM

$14.0M · 50K shares

DDOG 0 12/01/29

$14.0M · 14.5M shares

$14.0M · 86K shares

$14.0M · 1.1M shares

$14.0M · 272K shares

$13.0M · 215K shares

$13.0M · 77K shares

$12.0M · 267K shares

$12.0M · 267K shares

$12.0M · 186K shares

$12.0M · 251K shares

$11.0M · 103K shares

$11.0M · 135K shares

$11.0M · 106K shares

$11.0M · 72K shares

$11.0M · 138K shares

$10.0M · 116K shares

$10.0M · 291K shares

$10.0M · 126K shares

$10.0M · 161K shares

$10.0M · 630K shares

$9.0M · 391K shares

$9.0M · 25K shares

$9.0M · 195K shares

$9.0M · 416K shares

$9.0M · 108K shares

$9.0M · 98K shares

$9.0M · 279K shares

$8.0M · 721K shares

$8.0M · 380K shares

$8.0M · 97K shares

$7.0M · 84K shares

$7.0M · 246K shares

$7.0M · 448K shares

$6.0M · 43K shares

$5.0M · 153K shares

$5.0M · 67K shares

$5.0M · 70K shares

WWD

$5.0M · 18K shares

OWL

$5.0M · 385K shares

$5.0M · 30K shares

$5.0M · 349K shares

$5.0M · 97K shares

$5.0M · 47K shares

$4.0M · 84K shares

$4.0M · 52K shares

$4.0M · 41K shares

$4.0M · 71K shares

$4.0M · 162K shares

$4.0M · 6K shares

$4.0M · 45K shares

$4.0M · 33K shares

$4.0M · 5K shares

$4.0M · 1.8M shares

$4.0M · 17K shares

$4.0M · 20K shares

$4.0M · 225K shares

$4.0M · 79K shares

$3.0M · 62K shares

$3.0M · 108K shares

$3.0M · 6K shares

$3.0M · 89K shares

$2.0M · 36K shares

$2.0M · 50K shares

$2.0M · 14K shares

$2.0M · 48K shares

$2.0M · 60K shares

$2.0M · 17K shares

$2.0M · 30K shares

$2.0M · 17K shares

$2.0M · 23K shares

$2.0M · 65K shares

$2.0M · 2.0M shares

$2.0M · 100K shares

$2.0M · 2.0M shares

$2.0M · 144K shares

$1.0M · 75K shares

$1.0M · 31K shares

$1.0M · 10K shares

$1.0M · 33K shares

$1.0M · 66K shares

$1.0M · 37K shares

$1.0M · 27K shares

$1.0M · 36K shares

$1.0M · 14K shares

$1.0M · 502K shares

$1.0M · 4K shares

$1.0M · 61K shares

$1.0M · 18K shares

$1.0M · 52K shares

$1.0M · 9K shares

$1.0M · 23K shares

$1.0M · 110K shares

KNX

$1.0M · 36K shares

$1.0M · 67K shares

LQD

$1.0M · 10K shares

LBTYA

$1.0M · 100K shares

HYMC

$0 · 18K shares

$0 · 20K shares

$0 · 5K shares

$0 · 103K shares

$0 · 6K shares

$0 · 5K shares

$0 · 27K shares

$0 · 13K shares

$0 · 80K shares

$0 · 20K shares

$0 · 1K shares

$0 · 8K shares

$0 · 35K shares

$0 · 1K shares

$0 · 8K shares

$0 · 33K shares

$0 · 7K shares

$0 · 5K shares

$0 · 4K shares

$0 · 13K shares

$0 · 34K shares

$0 · 56K shares

$0 · 25K shares

$0 · 9K shares

$0 · 4K shares

$0 · 4K shares

$0 · 21K shares

$0 · 21K shares

$0 · 17K shares

$0 · 5K shares

$0 · 6K shares

$0 · 19K shares

$0 · 11K shares

$0 · 3K shares

$0 · 14K shares

$0 · 21K shares

$0 · 13K shares

$0 · 15K shares

$0 · 20K shares

$0 · 23K shares

$0 · 52K shares

$0 · 18K shares

$0 · 7K shares

$0 · 29K shares

$0 · 5K shares

$0 · 6K shares

$0 · 11K shares

$0 · 14K shares

$0 · 4K shares

Closed Positions (118)

GOOG

$1.3B · 5.1M shares

AVGO

$939.1M · 2.8M shares

SHOP

$680.0M · 4.6M shares

PLTR

$275.9M · 1.5M shares

$262.3M · 1.6M shares

ORCL

$220.6M · 785K shares

NFLX

$210.8M · 176K shares

BRK/B

$205.1M · 408K shares

COIN

$155.8M · 462K shares

XLF

$148.3M · 2.8M shares

GPN

$118.9M · 1.4M shares

$95.5M · 2.3M shares

$92.9M · 1.6M shares

$86.8M · 886K shares

$85.1M · 2.7M shares

$50.6M · 746K shares

$44.9M · 501K shares

$43.1M · 500K shares

$43.0M · 13.7M shares

SHOPCN 0.125 11/01/25

$40.2M · 38.0M shares

$31.7M · 1.1M shares

$29.9M · 906K shares

$28.2M · 116K shares

$27.1M · 186K shares

$27.1M · 303K shares

TSM

$25.2M · 90K shares

S9Q

$24.8M · 642K shares

$23.2M · 346K shares

EMB

$19.9M · 210K shares

XLV

$17.2M · 124K shares

LYV 3.125 01/15/29

$16.3M · 10.0M shares

SPOT

$15.9M · 23K shares

NET 0 08/15/26

$15.6M · 12.5M shares

TLT

$13.4M · 150K shares

$13.3M · 129K shares

$12.9M · 105K shares

$12.4M · 498K shares

$12.1M · 900K shares

$12.1M · 124K shares

$11.9M · 183K shares

$11.6M · 55K shares

$11.3M · 5.0M shares

$10.8M · 50K shares

$10.4M · 200K shares

$10.4M · 10.0M shares

$10.2M · 400K shares

$10.1M · 150K shares

$9.3M · 190K shares

$9.2M · 1.1M shares

$7.2M · 88K shares

$7.0M · 34K shares

$6.9M · 71K shares

$6.3M · 72K shares

$5.5M · 58K shares

$4.6M · 1.7M shares

$3.9M · 17K shares

$3.7M · 191K shares

$3.5M · 272K shares

$3.2M · 53K shares

$3.0M · 25K shares

$2.8M · 20K shares

$2.8M · 17K shares

$2.8M · 16K shares

$2.6M · 10K shares

$2.5M · 58K shares

$2.4M · 57K shares

$2.4M · 97K shares

$2.2M · 25K shares

$1.9M · 54K shares

$1.8M · 42K shares

$1.7M · 50K shares

$1.7M · 51K shares

$1.6M · 64K shares

$1.6M · 12K shares

$1.4M · 22K shares

$1.4M · 63K shares

$1.3M · 23K shares

$1.3M · 48K shares

$1.2M · 10K shares

$1.1M · 20K shares

$1.0M · 20K shares

$820K · 13K shares

$793K · 178K shares

$782K · 12K shares

$710K · 157K shares

$647K · 2K shares

$544K · 4K shares

$524K · 6K shares

$513K · 6K shares

$499K · 13K shares

$475K · 45K shares

$469K · 10K shares

$442K · 11K shares

$436K · 6K shares

$398K · 6K shares

$397K · 29K shares

$392K · 4K shares

$387K · 7K shares

$376K · 47K shares

$364K · 8K shares

$356K · 27K shares

$355K · 28K shares

$333K · 7K shares

$319K · 2K shares

$285K · 16K shares

$265K · 5K shares

$263K · 34K shares

$158K · 11K shares

$141K · 26K shares

$138K · 12K shares

$117K · 19K shares

$102K · 17K shares

$97K · 17K shares

$95K · 13K shares

$92K · 35K shares

$91K · 54K shares

$66K · 11K shares

$25K · 13K shares

Sector Breakdown

Sector	# Holdings	Value	%
Financial Services	223	$20.0B	29.8%
Technology	155	$19.3B	28.8%
Communication Services	40	$6.9B	10.4%
Consumer Cyclical	93	$4.8B	7.2%
Healthcare	89	$3.5B	5.2%
Unknown	81	$2.9B	4.4%
Industrials	126	$2.8B	4.2%
Energy	46	$2.2B	3.2%
Basic Materials	47	$1.8B	2.7%
Consumer Defensive	43	$1.3B	2.0%
Utilities	42	$1.1B	1.7%
Real Estate	37	$244.0M	0.4%