1y return+24.9%S&P 500 +20.9%
3y return+71.0%S&P 500 +68.5%
5y return+58.6%S&P 500 +74.5%
10y return+178.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $278 against $357 in the S&P 500.2
Bank Of Nova ScotiaS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| KEYKeycorp | $3.6B | 5.6% | −3.2% |
| NVDANvidia Corporation | $3.5B | 5.4% | −24.3% |
| RYRoyal Bk Cda | $2.5B | 3.9% | −3.5% |
| MSFTMicrosoft Corp | $2.4B | 3.7% | +33.5% |
| AAPLApple Inc | $2.2B | 3.3% | −32.7% |
| IVVIshares Tr | $2.0B | 3.1% | +45.4% |
| GOOGAlphabet Inc | $1.7B | 2.6% | +14.9% |
| AVGOBroadcom Inc | $1.6B | 2.5% | −4.0% |
| TDToronto Dominion Bk Ont | $1.5B | 2.2% | −4.5% |
| CMCanadian Imperial Bank Of Co | $1.3B | 2.0% | −11.2% |
| METAMeta Platforms Inc | $1.2B | 1.9% | +94.4% |
| GOOGLAlphabet Inc | $981.1M | 1.5% | −39.8% |
| BMOBank Montreal Medium | $920.0M | 1.4% | +3.4% |
| MUMicron Technology Inc | $871.6M | 1.3% | −39.0% |
| AMZNAmazon Com Inc | $861.0M | 1.3% | −56.2% |
| JPMJpmorgan Chase & Co | $850.0M | 1.3% | −9.5% |
| AMATApplied Matls Inc | $800.0M | 1.2% | +25.7% |
| TSLATesla Inc | $774.9M | 1.2% | +6.2% |
| BNBrookfield Corp | $707.5M | 1.1% | +8.1% |
| LRCXLam Research Corp | $692.9M | 1.1% | +70.2% |
| SPYState Str Spdr S&p 500 Etf T | $620.9M | 1.0% | +20.5% |
| MFCManulife Finl Corp | $594.8M | 0.9% | +29.0% |
| SLFSun Life Financial Inc. | $544.1M | 0.8% | |
| WDCWestern Digital Corp | $500.3M | 0.8% | +115.7% |
| ENBEnbridge Inc | $485.5M | 0.7% | +58.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $3.5B |
| PLTRPalantir Technologies Inc | December 31, 2022 | +1717.3% | $473.6M |
| WDCWestern Digital Corp | June 30, 2020 | +1346.7% | $500.3M |
| AMATApplied Matls Inc | September 30, 2020 | +1116.2% | $800.0M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $1.6B |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $313.5M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $692.9M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $981.1M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $1.7B |
| CNQCanadian Nat Res Ltd Med Ter | June 30, 2020 | +354.1% | $387.7M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $226.8M
- Western Digital CorpCUSIP 958102AT2 was $217.5M
- SILGlobal X Fds was $108.4M
- Hologic IncCUSIP 436440101 was $86.4M
- Sealed Air Corp NewCUSIP 81211K100 was $58.2M
- VEAVanguard Tax-managed Fds was $50.5M
- Thomson Reuters CorpCUSIP 884903808 was $34.3M
- TTDThe Trade Desk Inc was $31.6M
- Masimo CorpCUSIP 574795100 was $27.1M
- CORPPimco Etf Tr was $25.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.0% | +14.8% |
| March 31, 2026 | −3.4% | −4.6% |
| December 31, 2025 | +4.7% | +2.4% |
| September 30, 2025 | +10.3% | +7.8% |
| June 30, 2025 | +13.3% | +10.5% |
| March 31, 2025 | −5.2% | −4.6% |
| December 31, 2024 | +0.6% | +2.1% |
| September 30, 2024 | +7.0% | +5.4% |
| June 30, 2024 | +2.1% | +4.0% |
| March 31, 2024 | +8.6% | +10.0% |
| December 31, 2023 | +11.4% | +11.2% |
| September 30, 2023 | −4.2% | −3.6% |
| June 30, 2023 | +3.7% | +8.3% |
| March 31, 2023 | +3.9% | +7.0% |
| December 31, 2022 | +4.6% | +7.1% |
| September 30, 2022 | −7.5% | −5.3% |
| June 30, 2022 | −15.8% | −16.5% |
| March 31, 2022 | −1.2% | −4.9% |
| December 31, 2021 | +8.5% | +10.7% |
| September 30, 2021 | −1.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Bank Of Nova Scotia Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=9631&type=13F-HR&dateb=&owner=include&count=40CIK 9631
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/9631/000000963126000026/Filed August 12, 2026 · accession 0000009631-26-000026