Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in BNS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 83.5M | $7.25B | -7.5% | 6.810% | 1.08% |
| 2 | BANK OF MONTREAL /CAN/ | 53.1M | $4.61B | -6.3% | 4.333% | 1.52% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 35.7M | $3.10B | +0.1% | 2.912% | 0.07% |
| 4 | CIBC WORLD MARKET INC. | 25.2M | $2.19B | -7.6% | 2.056% | 3.51% |
| 5 | NORGES BANK | 18.4M | $1.60B | — | 1.500% | 0.16% |
| 6 | 1832 Asset Management L.P. | 16.3M | $1.41B | -11.0% | 1.325% | 0.71% |
| 7 | NATIONAL BANK OF CANADA /FI/ | 15.7M | $1.36B | -4.4% | 1.279% | 0.97% |
| 8 | TORONTO DOMINION BANK | 15.3M | $1.33B | -23.9% | 1.245% | 1.53% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 14.3M | $1.28B | +11.5% | 1.167% | 0.07% |
| 10 | TD ASSET MANAGEMENT INC | 14.1M | $1.22B | -26.5% | 1.149% | 1.06% |
| 11 | SCOTIA CAPITAL INC. | 12.9M | $1.12B | -3.6% | 1.055% | 4.20% |
| 12 | MACKENZIE FINANCIAL CORP | 8.7M | $1.07B | +0.1% | 0.706% | 1.07% |
| 13 | FIL Ltd | 12.2M | $1.06B | +35.5% | 0.999% | 0.76% |
| 14 | CANADA PENSION PLAN INVESTMENT BOARD | 11.7M | $1.02B | +28.5% | 0.955% | 0.56% |
| 15 | VANGUARD FIDUCIARY TRUST CO | 10.9M | $949.5M | -0.4% | 0.891% | 0.21% |
| 16 | CIBC Asset Management Inc | 10.8M | $938.0M | +22.3% | 0.877% | 2.06% |
| 17 | JPMORGAN CHASE & CO | 10.7M | $929.5M | -1.0% | 0.875% | 0.05% |
| 18 | Vanguard Global Advisers, LLC | 9.5M | $822.5M | +7.8% | 0.772% | 0.38% |
| 19 | TD Waterhouse Canada Inc. | 9.0M | $791.3M | -6.5% | 0.738% | 2.08% |
| 20 | Legal & General Group Plc | 8.2M | $709.8M | -2.7% | 0.666% | 0.15% |
| 21 | Federation des caisses Desjardins du Quebec | 7.6M | $657.1M | -1.8% | 0.619% | 2.01% |
| 22 | BARCLAYS PLC | 7.0M | $611.9M | +40.8% | 0.575% | 0.12% |
| 23 | MORGAN STANLEY | 6.7M | $583.9M | +62.9% | 0.548% | 0.03% |
| 24 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 6.6M | $575.3M | +19.6% | 0.540% | 0.81% |
| 25 | Connor, Clark & Lunn Investment Management Ltd. | 6.5M | $567.3M | -29.9% | 0.534% | 1.07% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in BNS — a direct measure of their conviction.
Filings activity in BNS during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 538 | +5.9% | 47.13% | +0.63 pp | $48.76B | +27% |
| Q1 2026 | 508 | +6.3% | 46.50% | 3.66 pp | $38.26B | 14% |
| Q4 2025 | 478 | +5.3% | 50.16% | 0.62 pp | $44.29B | +17% |
| Q3 2025 | 454 | +7.3% | 50.78% | 37.72 pp | $37.94B | 37% |
| Q2 2025 | 423 | +5.0% | 88.50% | +40.60 pp | $59.97B | +116% |
| Q1 2025 | 403 | 4.5% | 47.90% | +1.56 pp | $27.77B | 1.9% |
| Q4 2024 | 422 | +5.8% | 46.34% | 1.28 pp | $28.30B | 3.9% |
| Q3 2024 | 399 | — | 47.62% | — | $29.46B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BNS stock.
Based on Q2 2026 13F filings, institutional ownership of The Bank of Nova Scotia stands at 47.1%, held across 538 reporting institutions.
ROYAL BANK OF CANADA is the largest reported institutional holder of BNS, with approximately 83,495,379 shares worth $7.25B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of BNS.
Our composite Smart Money Score for BNS is 50 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
69 institutions opened new positions in BNS during Q2 2026, while 43 fully exited. 416 added to existing positions and 37 trimmed.
BNS institutional ownership rose by 0.63 percentage points quarter-over-quarter, with a net change of +30 holders.
The top 10 institutions account for 52.0% of all reported 13F value in BNS, and the top 25 account for 77.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
The Bank of Nova Scotia (BNS) Institutional Ownership