Who Owns TD Bank?
Updated onExplore the ownership hierarchy of TD Bank. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
TD Bank
TD Bank is the U.S. retail and commercial banking arm of Toronto-Dominion Bank, providing a full range of banking, lending, credit card and wealth management services to over 10 million customers from Maine to Florida.
TD Bank Group
TD Bank Group is a Canadian multinational banking and financial services corporation, also known as Toronto-Dominion Bank, providing retail, commercial, wealth management and wholesale banking services across North America and internationally.
TD Bank
TD Bank is the U.S. retail and commercial banking arm of Toronto-Dominion Bank, providing a full range of banking, lending, credit card and wealth management services to over 10 million customers from Maine to Florida.
TD Bank Group
TD Bank Group is a Canadian multinational banking and financial services corporation, also known as Toronto-Dominion Bank, providing retail, commercial, wealth management and wholesale banking services across North America and internationally.
Major Shareholders
TD Bank Group
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Royal Bank of Canada (including affiliated asset management entities) Largest institutional shareholder; stake aggregated across RBC and affiliates based on institutional ownership filings. | Institutional | 8.4% | 8.4% | Sep 2025 |
Vanguard Group Inc. U.S.-based asset manager holding TD shares primarily via index and mutual funds. | Institutional | 4.5% | 4.5% | Sep 2025 |
Bank of Montreal /Can/ (BMO) Canadian bank and asset manager holding TD shares across client portfolios. | Institutional | 4.1% | 4.1% | Sep 2025 |
CIBC World Markets Inc. Investment dealer and asset manager; holdings largely on behalf of clients. | Institutional | 2.3% | 2.3% | Sep 2025 |
TD Asset Management Inc. Asset management subsidiary of TD Bank Group; holdings represent client and fund assets, not TD treasury stock. | Institutional | 2.2% | 2.2% | Sep 2025 |
FIL Ltd (Fidelity International) Global asset manager holding TD through various international funds and mandates. | Institutional | 2.1% | 2.1% | Sep 2025 |
National Bank of Canada /FI/ Canadian financial institution and asset manager with TD holdings for clients. | Institutional | 1.7% | 1.7% | Sep 2025 |
Mackenzie Financial Corp. Canadian investment management firm holding TD in mutual and institutional portfolios. | Institutional | 1.5% | 1.5% | Sep 2025 |
Canerector Inc. Privately held Canadian industrial group; TD is a significant investment in its portfolio. | Corporate | 1.3% | 1.3% | Sep 2025 |
1832 Asset Management LP Canadian asset manager (affiliated with Scotiabank) holding TD shares across managed funds. | Institutional | 1.3% | 1.3% | Jun 2025 |
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