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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 $54.45 billion in total holdings as of December 31, 2024.
  • Bank of Nova Scotia owns shares of 955 different stocks, but just 112 companies or ETFs make up 80% of its holdings.
  • Approximately 23.72% of the portfolio was purchased this quarter.
  • About 15.54% of the portfolio was sold this quarter.
  • This quarter, Bank of Nova Scotia has purchased 923 new stocks and bought additional shares in 513 stocks.
  • Bank of Nova Scotia sold shares of 291 stocks and completely divested from 93 stocks this quarter.

Largest Holdings

NVIDIA
$4,920,411,043
Microsoft
$3,545,685,551
Apple
$2,752,100,031
Royal Bank of Canada
$1,874,892,158
Toronto-Dominion Bank
$1,778,019,038

Largest New Holdings this Quarter

LAM RESEARCH CORP
$244,877,641 Holding
Invesco NASDAQ 100 ETF
$158,702,450 Holding
BLACKROCK INC
$75,075,981 Holding
ARISTA NETWORKS INC
$55,382,827 Holding

Largest Purchases this Quarter

NVIDIA
10,526,742 shares (about $1.41B)
Microsoft
1,877,472 shares (about $791.39M)
Alphabet
2,579,037 shares (about $488.22M)
Alphabet
2,397,164 shares (about $456.58M)
LAM RESEARCH CORP
3,390,249 shares (about $244.88M)

Largest Sales this Quarter

KeyCorp
47,864,513 shares (about $820.40M)
Enbridge
13,268,537 shares (about $563.06M)
TC Energy
11,448,035 shares (about $533.42M)
Bank of Montreal
5,117,079 shares (about $496.69M)
Canadian Imperial Bank of Commerce
5,632,739 shares (about $356.25M)

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
$4,920,411,043$1,413,681,652 40.3%36,639,0119.0%Computer and Technology
Microsoft Co. stock logo
MSFT
Microsoft
$3,545,685,551$791,394,748 28.7%8,411,6376.5%Computer and Technology
Apple Inc. stock logo
AAPL
Apple
$2,752,100,031$158,936,039 -5.5%10,989,0735.1%Computer and Technology
Royal Bank of Canada stock logo
RY
Royal Bank of Canada
$1,874,892,158$323,926,080 -14.7%15,552,6253.4%Finance
The Toronto-Dominion Bank stock logo
TD
Toronto-Dominion Bank
$1,778,019,038$164,809,745 -8.5%33,401,5653.3%Finance
Alphabet Inc. stock logo
GOOGL
Alphabet
$1,414,741,023$488,218,007 52.7%7,473,4432.6%Computer and Technology
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$1,380,193,018$10,136,825 0.7%2,354,9602.5%Finance
Broadcom Inc. stock logo
AVGO
Broadcom
$1,146,161,798$22,931,615 2.0%4,943,5432.1%Computer and Technology
Canadian Imperial Bank of Commerce stock logo
CM
Canadian Imperial Bank of Commerce
$1,087,482,954$356,253,013 -24.7%17,194,2622.0%Finance
Meta Platforms, Inc. stock logo
META
Meta Platforms
$1,033,823,647$160,296,358 18.4%1,765,5311.9%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$972,393,609$108,653,202 -10.1%4,431,5321.8%Retail/Wholesale
Alphabet Inc. stock logo
GOOG
Alphabet
$955,861,438$456,583,974 91.4%5,018,4781.8%Computer and Technology
Bank of Montreal stock logo
BMO
Bank of Montreal
$864,595,774$496,688,026 -36.5%8,907,4121.6%Finance
iShares Core S&P 500 ETF stock logo
IVV
iShares Core S&P 500 ETF
$798,079,957$23,586,053 -2.9%1,355,7111.5%ETF
Brookfield Co. stock logo
BN
Brookfield
$674,063,944$141,905,247 -17.4%11,730,8631.2%Finance
Tesla, Inc. stock logo
TSLA
Tesla
$670,697,458$220,932,108 49.1%1,660,7991.2%Auto/Tires/Trucks
Enbridge Inc. stock logo
ENB
Enbridge
$466,616,506$563,061,447 -54.7%10,995,8130.9%Oils/Energy
BCE Inc. stock logo
BCE
BCE
$462,261,962$84,011,570 22.2%19,945,7990.8%Utilities
TC Energy Co. stock logo
TRP
TC Energy
$438,953,221$533,424,125 -54.9%9,420,5560.8%Oils/Energy
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$430,399,333$233,855,311 119.0%949,5220.8%Finance
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$420,478,858$198,289,633 89.2%1,754,0250.8%Finance
TELUS Co. stock logo
TU
TELUS
$409,662,267$90,279,604 28.3%30,219,1410.8%Utilities
Canadian Natural Resources Limited stock logo
CNQ
Canadian Natural Resources
$401,399,929$308,792,940 -43.5%13,003,4400.7%Oils/Energy
Shopify Inc. stock logo
SHOP
Shopify
$401,341,902$214,692,458 -34.9%3,771,5500.7%Computer and Technology
Manulife Financial Co. stock logo
MFC
Manulife Financial
$400,932,881$103,716,875 -20.6%13,053,0160.7%Finance
Advanced Micro Devices, Inc. stock logo
AMD
Advanced Micro Devices
$339,320,993$138,464,947 68.9%2,809,1520.6%Computer and Technology
Suncor Energy Inc. stock logo
SU
Suncor Energy
$338,288,147$94,583,456 -21.9%9,478,7930.6%Oils/Energy
Sun Life Financial Inc. stock logo
SLF
Sun Life Financial
$327,298,826$91,035,392 -21.8%5,513,2690.6%Finance
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$321,489,070$174,946,454 119.4%635,4550.6%Medical
QUALCOMM Incorporated stock logo
QCOM
QUALCOMM
$313,202,023$146,210,400 87.6%2,038,7830.6%Computer and Technology
Salesforce, Inc. stock logo
CRM
Salesforce
$299,279,094$66,847,717 28.8%895,1280.5%Computer and Technology
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$282,884,621$137,294,470 94.3%366,4070.5%Medical
Canadian National Railway stock logo
CNI
Canadian National Railway
$279,921,849$16,333,572 -5.5%2,757,0300.5%Transportation
Costco Wholesale Co. stock logo
COST
Costco Wholesale
$275,775,264$19,816,395 7.7%300,9030.5%Retail/Wholesale
Bank of America Co. stock logo
BAC
Bank of America
$271,338,617$118,746,360 77.8%6,173,8020.5%Finance
Fortis Inc. stock logo
FTS
Fortis
$269,915,445$75,832,930 -21.9%6,496,8590.5%Utilities
Hyatt Hotels Co. stock logo
H
Hyatt Hotels
$269,532,462$5,817,208 2.2%1,716,9860.5%Consumer Discretionary
Pembina Pipeline Co. stock logo
PBA
Pembina Pipeline
$262,533,523$42,586,112 -14.0%7,106,5170.5%Oils/Energy
LAM RESEARCH CORP
$244,877,641$244,877,641 New Holding3,390,2490.4%COM NEW
Nutrien Ltd. stock logo
NTR
Nutrien
$238,915,312$26,785,394 12.6%5,316,0350.4%Basic Materials
Rogers Communications Inc. stock logo
RCI
Rogers Communications
$237,784,494$40,578,450 20.6%7,736,2020.4%Consumer Discretionary
Canadian Pacific Kansas City Limited stock logo
CP
Canadian Pacific Kansas City
$220,828,605$103,820,965 -32.0%3,050,3970.4%Transportation
Walmart Inc. stock logo
WMT
Walmart
$213,745,783$21,420,810 11.1%2,365,7530.4%Retail/Wholesale
Automatic Data Processing, Inc. stock logo
ADP
Automatic Data Processing
$206,110,900$111,481,537 117.8%704,0990.4%Business Services
Agnico Eagle Mines Limited stock logo
AEM
Agnico Eagle Mines
$201,277,743$12,819,986 -6.0%2,573,1550.4%Basic Materials
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$194,878,668$74,070,234 61.3%1,958,8020.4%Medical
iShares China Large-Cap ETF stock logo
FXI
iShares China Large-Cap ETF
$191,473,329$187,035,491 4,214.6%6,290,0290.4%ETF
Citigroup Inc. stock logo
C
Citigroup
$189,996,140$111,764,675 142.9%2,699,1090.3%Finance
The Sherwin-Williams Company stock logo
SHW
Sherwin-Williams
$189,459,326$80,264,120 73.5%557,1650.3%Basic Materials
Netflix, Inc. stock logo
NFLX
Netflix
$188,745,032$99,072,892 110.5%211,7590.3%Consumer Discretionary
The Walt Disney Company stock logo
DIS
Walt Disney
$184,768,125$134,531,781 267.8%1,659,3010.3%Consumer Discretionary
Honeywell International Inc. stock logo
HON
Honeywell International
$180,083,852$15,717,748 9.6%797,1800.3%Multi-Sector Conglomerates
Philip Morris International Inc. stock logo
PM
Philip Morris International
$176,858,646$142,160,058 409.7%1,469,5360.3%Consumer Staples
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$171,147,908$56,088,607 48.7%2,436,6160.3%Finance
Caterpillar Inc. stock logo
CAT
Caterpillar
$164,648,113$47,355,401 -22.3%453,8450.3%Industrial Products
VanEck Semiconductor ETF stock logo
SMH
VanEck Semiconductor ETF
$164,540,368$42,518,637 -20.5%679,4280.3%Manufacturing
Verizon Communications Inc. stock logo
VZ
Verizon Communications
$161,952,982$9,072,371 -5.3%4,049,8370.3%Computer and Technology
Invesco NASDAQ 100 ETF stock logo
QQQM
Invesco NASDAQ 100 ETF
$158,702,450$158,702,450 New Holding754,1100.3%ETF
AbbVie Inc. stock logo
ABBV
AbbVie
$157,982,763$9,141,599 6.1%889,0420.3%Medical
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$156,683,516$66,413,935 73.6%2,646,6810.3%Computer and Technology
AT&T Inc. stock logo
T
AT&T
$153,581,934$9,255,433 6.4%6,744,9270.3%Computer and Technology
PepsiCo, Inc. stock logo
PEP
PepsiCo
$150,993,800$85,267,928 129.7%992,9000.3%Consumer Staples
HUBSPOT INC
$149,182,428$74,388,023 99.5%59,837,0000.3%NOTE 0.375% 6/0
The Boeing Company stock logo
BA
Boeing
$148,738,776$131,184,693 747.3%840,2930.3%Aerospace
The Home Depot, Inc. stock logo
HD
Home Depot
$146,615,616$37,192,417 34.0%376,8080.3%Retail/Wholesale
Adobe Inc. stock logo
ADBE
Adobe
$146,163,831$8,932,234 6.5%328,6800.3%Computer and Technology
The Goldman Sachs Group, Inc. stock logo
GS
The Goldman Sachs Group
$141,824,856$37,048,336 35.4%247,6400.3%Finance
The Williams Companies, Inc. stock logo
WMB
Williams Companies
$141,430,930$25,831,963 22.3%2,613,2840.3%Oils/Energy
The Procter & Gamble Company stock logo
PG
Procter & Gamble
$137,833,543$23,103,335 -14.4%822,1270.3%Consumer Staples
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$135,239,935$55,718,048 70.1%831,5460.2%Computer and Technology
Visa Inc. stock logo
V
Visa
$134,883,801$6,447,432 5.0%426,5490.2%Business Services
RTX Co. stock logo
RTX
RTX
$132,741,718$88,214,282 198.1%1,147,0940.2%Aerospace
Cadence Design Systems, Inc. stock logo
CDNS
Cadence Design Systems
$131,106,017$80,751,953 160.4%436,1950.2%Computer and Technology
Credicorp Ltd. stock logo
BAP
Credicorp
$130,557,755$33,947,931 -20.6%712,1850.2%Finance
General Electric stock logo
GE
General Electric
$128,894,479$90,963,764 239.8%772,7950.2%Transportation
The Progressive Co. stock logo
PGR
Progressive
$125,673,745$3,328,610 -2.6%524,1990.2%Finance
PALO ALTO NETWORKS INC
$122,522,126$215,805,517 -63.8%33,364,0000.2%NOTE 0.375% 6/0
Brookfield Asset Management Ltd. stock logo
BAM
Brookfield Asset Management
$121,547,270$33,678,144 -21.7%2,241,9200.2%Finance
Compañía de Minas Buenaventura S.A.A. stock logo
BVN
Compañía de Minas Buenaventura S.A.A.
$121,309,586$26,868,822 -18.1%10,530,3460.2%Basic Materials
Amgen Inc. stock logo
AMGN
Amgen
$121,089,484$81,229,263 203.8%464,5120.2%Medical
iShares Russell 2000 ETF stock logo
IWM
iShares Russell 2000 ETF
$119,685,857$114,731,271 2,315.7%541,6630.2%Finance
S&P Global Inc. stock logo
SPGI
S&P Global
$117,346,656$66,264,296 129.7%235,5600.2%Business Services
Pfizer Inc. stock logo
PFE
Pfizer
$114,797,725$26,311,944 29.7%4,326,6950.2%Medical
Analog Devices, Inc. stock logo
ADI
Analog Devices
$114,406,309$91,639,521 402.5%538,4840.2%Computer and Technology
Brookfield Infrastructure Partners L.P. stock logo
BIP
Brookfield Infrastructure Partners
$114,256,336$23,821,285 -17.3%3,596,0170.2%Finance
Danaher Co. stock logo
DHR
Danaher
$114,139,843$64,054,690 127.9%497,1090.2%Medical
Marvell Technology, Inc. stock logo
MRVL
Marvell Technology
$113,553,781$108,973,087 2,379.0%1,028,1010.2%Computer and Technology
Cenovus Energy Inc. stock logo
CVE
Cenovus Energy
$111,170,816$25,246,467 -18.5%7,335,0290.2%Oils/Energy
Oracle Co. stock logo
ORCL
Oracle
$110,857,301$62,717,719 130.3%665,2440.2%Computer and Technology
Exxon Mobil Co. stock logo
XOM
Exxon Mobil
$105,668,708$4,765,497 4.7%982,2950.2%Oils/Energy
SPDR Blackstone Senior Loan ETF stock logo
SRLN
SPDR Blackstone Senior Loan ETF
$105,405,807$30,322,896 40.4%2,525,9000.2%ETF
Intuit Inc. stock logo
INTU
Intuit
$104,659,139$48,319,109 85.8%166,5220.2%Computer and Technology
Chubb Limited stock logo
CB
Chubb
$104,618,509$91,122,912 675.2%378,6410.2%Finance
iShares Russell 1000 Value ETF stock logo
IWD
iShares Russell 1000 Value ETF
$100,276,499$26,348,691 35.6%541,6570.2%ETF
Intuitive Surgical, Inc. stock logo
ISRG
Intuitive Surgical
$98,007,704$9,606,816 10.9%187,6230.2%Medical
Discover Financial Services stock logo
DFS
Discover Financial Services
$97,252,188$65,770,754 208.9%561,4050.2%Finance
Union Pacific Co. stock logo
UNP
Union Pacific
$96,343,491$76,588,383 387.7%422,4850.2%Transportation
Monolithic Power Systems, Inc. stock logo
MPWR
Monolithic Power Systems
$95,737,060$88,995,230 1,320.0%161,8000.2%Computer and Technology
Mastercard Incorporated stock logo
MA
Mastercard
$94,566,621$37,791,353 -28.6%179,5100.2%Business Services
The Charles Schwab Co. stock logo
SCHW
Charles Schwab
$94,120,288$15,221,044 19.3%1,271,7240.2%Finance

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