How is hedge fund similarity measured?

Similarity is computed from each fund's top conviction holdings in their latest 13F filing. Funds are scored by the overlap of distinctive shared positions (the mega-caps that nearly every fund owns are excluded), so the ranking reflects genuinely shared strategy rather than common index exposure.

Hedge Funds Similar to TORONTO DOMINION BANK

13F Portfolio OverlapQ2 2026TORONTO DOMINION BANK portfolio →

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Most similar hedge funds by 13F overlap

TORONTO DOMINION BANK is an institutional investor managing $86.4B across 2,282 U.S. equity positions as of Q2 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to TORONTO DOMINION BANK are SIG North Trading, ULC, MUFG SECURITIES (CANADA), LTD., TD Waterhouse Canada, with shared positions in $RY, $CM, $BNS, $BMO, $BN, $ENB. The full ranking of 25 similar funds is below.

#1SIG North Trading, ULCActive

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $BN $ENB

$5.4B

286 positions

#2MUFG SECURITIES (CANADA), LTD.Active

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $BN $ENB

$3.7B

43 positions

#3TD Waterhouse Canada Inc.Passive

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $BN $ENB

$38.0B

2,405 positions

#4CIBC WORLD MARKET INC.Passive

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $BN $ENB

$62.3B

1,540 positions

#5Hillsdale Investment Management Inc.Passive

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $ENB $CNQ

$4.4B

647 positions

#6SCOTIA CAPITAL INC.Active

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $BN $ENB

$26.8B

915 positions

#7CIBC Asset Management IncPassive

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $BN $ENB

$45.6B

1,428 positions

#8BANK OF MONTREAL /CAN/Passive

Notable overlap · 13 shared positions

$RY $CM $BNS $BMO $BN $ENB

$303.7B

3,831 positions

#9TD ASSET MANAGEMENT INCPassive

Notable overlap · 13 shared positions

$RY $CM $BMO $BNS $BN $ENB

$115.4B

1,216 positions

#10Addenda Capital Inc.Active

Notable overlap · 13 shared positions

$RY $BNS $BMO $CM $BN $ENB

$3.7B

128 positions

#11PCJ Investment Counsel Ltd.Passive

Notable overlap · 12 shared positions

$RY $CM $BNS $BMO $BN $ENB

$348M

62 positions

#12Guardian Partners Inc.Passive

Notable overlap · 11 shared positions

$RY $CM $BNS $BMO $BN $ENB

$1.1B

391 positions

#13MACKENZIE FINANCIAL CORPPassive

Notable overlap · 13 shared positions

$RY $CM $BMO $BNS $BN $ENB

$101.2B

1,554 positions

#14GUARDIAN CAPITAL LPActive

Notable overlap · 12 shared positions

$RY $CM $BMO $BNS $BN $ENB

$4.1B

174 positions

#15NATIONAL BANK OF CANADA /FI/Passive

Notable overlap · 13 shared positions

$RY $BMO $CM $BNS $BN $ENB

$139.8B

3,116 positions

#16Lorne Steinberg Wealth Management Inc.Passive

Notable overlap · 10 shared positions

$RY $CM $BNS $BMO $BN $CNQ

$487M

72 positions

#17BRITISH COLUMBIA INVESTMENT MANAGEMENT CorpActive

Notable overlap · 13 shared positions

$RY $BMO $CM $BNS $BN $ENB

$16.0B

663 positions

#18ROYAL BANK OF CANADAPassive

Notable overlap · 12 shared positions

$RY $BMO $CM $BNS $BN $ENB

$671.5B

7,605 positions

#19Tacita Capital IncPassive

Notable overlap · 11 shared positions

$RY $CM $BNS $BMO $BN $ENB

$184M

214 positions

#201832 Asset Management L.P.Smart money

Notable overlap · 12 shared positions

$RY $BNS $BMO $BN $ENB $CNQ

$199.4B

630 positions

#21Federation des caisses Desjardins du QuebecPassive

Notable overlap · 11 shared positions

$RY $BNS $BMO $CM $BN $ENB

$32.7B

3,021 positions

#22Alberta Investment Management CorpActive

Notable overlap · 12 shared positions

$RY $BNS $BMO $CM $BN $CNQ

$17.9B

665 positions

#23BANK OF NOVA SCOTIA TRUST COActive

Notable overlap · 12 shared positions

$RY $BMO $BNS $BN $ENB $CNQ

$1.2B

173 positions

#24Cardinal Capital Management, Inc.Active

Notable overlap · 9 shared positions

$RY $CM $BNS $BMO $BN $SU

$4.1B

70 positions

#25BANK OF NOVA SCOTIAPassive

Notable overlap · 12 shared positions

$RY $CM $BMO $BN $ENB $SHOP

$66.2B

1,098 positions

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Similarity is derived from each fund’s latest 13F-HR filing with the SEC. Funds are ranked by the overlap of distinctive conviction holdings; near-universal mega-cap positions are excluded so the ranking reflects shared strategy, not common index exposure. Data is informational only and not investment advice.