# BANK OF NOVA SCOTIA TRUST CO

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1335382. Source: https://holderbook.com/funds/1335382-bank-of-nova-scotia-trust-co/

- Reported value: $1.2B
- Positions: 173
- Weight of the ten largest: 45.8%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $117.6M | 568,025 | 9.7% | 31 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $87.3M | 719,332 | 7.2% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $78.8M | 446,227 | 6.5% | 24 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $54.3M | 819,804 | 4.5% | 29 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $49.6M | 914,292 | 4.1% | 31 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $37.4M | 947,522 | 3.1% | 31 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $34.3M | 287,270 | 2.8% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $31.7M | 84,981 | 2.6% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $31.4M | 87,844 | 2.6% | 31 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $30.6M | 755,004 | 2.5% | 31 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $27.9M | 656,056 | 2.3% | 15 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $26.6M | 339,460 | 2.2% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $26.2M | 301,996 | 2.2% | 13 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $23.1M | 498,501 | 1.9% | 31 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $22.3M | 2,105,079 | 1.8% | 31 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $22.1M | 385,419 | 1.8% | 31 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $21.4M | 295,613 | 1.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $20.6M | 81,209 | 1.7% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $20.6M | 71,257 | 1.7% | 24 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $20.6M | 123,680 | 1.7% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $20.3M | 61,976 | 1.7% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $19.7M | 57,477 | 1.6% | 31 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $19.6M | 365,754 | 1.6% | 31 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $18.8M | 215,934 | 1.6% | 24 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $18.6M | 78,112 | 1.5% | 24 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $16.2M | 17,347 | 1.3% | 31 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $14.9M | 71,687 | 1.2% | 31 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $13.8M | 218,639 | 1.1% | 31 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $12.5M | 62,215 | 1.0% | 7 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $9.1M | 47,956 | 0.8% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $8.4M | 106,740 | 0.7% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $8.3M | 16,010 | 0.7% | 14 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $8.0M | 69,151 | 0.7% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $7.9M | 22,425 | 0.7% | 31 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $7.9M | 122,390 | 0.7% | 30 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $7.6M | 65,083 | 0.6% | 13 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $7.4M | 229,198 | 0.6% | 31 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $7.3M | 23,089 | 0.6% | 2 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $7.2M | 62,736 | 0.6% | 16 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.0M | 34,757 | 0.6% | 14 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $6.3M | 28,389 | 0.5% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $5.7M | 39,520 | 0.5% | 16 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $5.6M | 37,040 | 0.5% | 17 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $5.5M | 67,252 | 0.5% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $5.4M | 55,963 | 0.4% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $5.2M | 57,563 | 0.4% | 9 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $5.0M | 31,865 | 0.4% | 24 |
| CAE INC | [CAE](https://holderbook.com/stocks/CAE/) | $4.7M | 187,151 | 0.4% | 29 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $4.5M | 12,819 | 0.4% | 31 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $4.5M | 28,964 | 0.4% | 24 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $4.0M | 12,006 | 0.3% | 2 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $4.0M | 35,234 | 0.3% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.9M | 8,178 | 0.3% | 13 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $3.8M | 61,387 | 0.3% | 31 |
| EMERA INC | [EMA](https://holderbook.com/stocks/EMA/) | $3.7M | 70,359 | 0.3% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.4M | 4,613 | 0.3% | 31 |
| FIRSTSERVICE CORP NEW | [FSV](https://holderbook.com/stocks/FSV/) | $3.4M | 23,685 | 0.3% | 22 |
| STANTEC INC | [STN](https://holderbook.com/stocks/STN/) | $3.4M | 48,771 | 0.3% | 22 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $3.1M | 86,270 | 0.3% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.1M | 6,019 | 0.3% | 31 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $2.9M | 48,504 | 0.2% | 27 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $2.8M | 36,549 | 0.2% | 2 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $2.8M | 12,371 | 0.2% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $2.7M | 12,371 | 0.2% | 1 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $2.6M | 5,125 | 0.2% | 26 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $2.5M | 49,292 | 0.2% | 14 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $2.5M | 7,149 | 0.2% | 15 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.4M | 6,470 | 0.2% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.3M | 4,110 | 0.2% | 30 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $2.3M | 15,693 | 0.2% | 8 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $2.2M | 103,188 | 0.2% | 31 |
| COLLIERS INTL GROUP INC | [CIGI](https://holderbook.com/stocks/CIGI/) | $2.2M | 23,522 | 0.2% | 25 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.1M | 5,047 | 0.2% | 31 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $2.0M | 9,108 | 0.2% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.0M | 3,909 | 0.2% | 24 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.9M | 6,926 | 0.2% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.8M | 13,349 | 0.2% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.8M | 16,063 | 0.2% | 22 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.7M | 14,597 | 0.1% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.5M | 7,905 | 0.1% | 24 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $1.4M | 20,413 | 0.1% | 21 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $1.4M | 5,299 | 0.1% | 31 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $1.2M | 11,817 | 0.1% | 10 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.2M | 8,155 | 0.1% | 31 |
| BOYD GROUP SERVICES INC | [BGSI](https://holderbook.com/stocks/BGSI/) | $1.2M | 12,197 | 0.1% | 3 |
| OPEN TEXT CORP | [OTEX](https://holderbook.com/stocks/OTEX/) | $1.1M | 50,675 | 0.1% | 31 |
| WEST FRASER TIMBER CO LTD | [WFG](https://holderbook.com/stocks/WFG/) | $1.1M | 16,010 | 0.1% | 13 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.1M | 3,405 | 0.1% | 15 |
| BRP INC | [DOO](https://holderbook.com/stocks/DOO/) | $1.0M | 17,101 | 0.1% | 25 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.0M | 4,641 | 0.1% | 24 |
| ATS CORPORATION | [ATS](https://holderbook.com/stocks/ATS/) | $1.0M | 35,291 | 0.1% | 8 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $959.5K | 3,219 | 0.1% | 14 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $946.7K | 6,988 | 0.1% | 9 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $930.4K | 2,147 | 0.1% | 2 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $910.5K | 2,496 | 0.1% | 2 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $890.7K | 37,711 | 0.1% | 10 |
| SOUTH BOW CORP | [SOBO](https://holderbook.com/stocks/SOBO/) | $869.1K | 24,661 | 0.1% | 7 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $836.6K | 870 | 0.1% | 7 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $835.8K | 3,000 | 0.1% | 18 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $793.7K | 12,621 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +7.7% | +14.8% | -7.2% | 100% |
| Q1 2026 | +0.6% | -4.6% | +5.2% | 100% |
| Q4 2025 | +3.5% | +2.4% | +1.1% | 100% |
| Q3 2025 | +6.1% | +7.8% | -1.8% | 100% |
| Q2 2025 | +8.2% | +10.5% | -2.2% | 100% |
| Q1 2025 | -0.3% | -4.6% | +4.2% | 100% |
| Q4 2024 | -3.6% | +2.1% | -5.7% | 100% |
| Q3 2024 | +8.5% | +5.4% | +3.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.2B | 173 |
| Q1 2026 | $1.2B | 161 |
| Q4 2025 | $1.1B | 164 |
| Q3 2025 | $1.1B | 130 |
| Q2 2025 | $1.0B | 125 |
| Q1 2025 | $937.3M | 129 |
| Q4 2024 | $947.3M | 131 |
| Q3 2024 | $984.9M | 139 |
| Q2 2024 | $895.5M | 133 |
| Q1 2024 | $928.9M | 139 |
| Q4 2023 | $890.9M | 133 |
| Q3 2023 | $841.7M | 132 |