TD Waterhouse Canada Inc Portfolio Shifts in Q2 2026: Focus on Tech and Financial Services

TD Waterhouse Canada Inc, a prominent Canadian investment institution, saw its portfolio holdings undergo notable changes during Q2 2026. The data from this period reveals specific adjustments in stock positions across various sectors.

Prominent Purchases Observed

The investor demonstrated significant buying activity towards several stocks within the quarter:

• They notably increased their position in NVIDIA Corporation (NVDA), adding over 500,000 shares (NVDIA). This substantial purchase resulted in a nearly 11% increase in the number of shares held and contributed significantly to their portfolio allocation.
• TD Waterhouse Canada Inc also initiated or substantially increased its stake in KLA Corporation (KLAC), acquiring approximately 504,327 more shares (KLA). This resulted in an extraordinary percentage increase of over 842% and a portfolio allocation of about 0.4%, indicating strong confidence or strategic interest.
• Furthermore, the investor purchased shares of Bank of NY Mellon Corp (BK), adding roughly 315,377 more shares (BANK OF NY MELLON). This led to a doubling of their position in this stock.

Notable Reductions and Exits

In contrast, the investor also showed significant selling activity during Q2 2026:

• The holdings for Kinross Gold Corp (KGC) (KINROSS GOLD) were reduced by nearly half, with a decrease of over 751,000 shares and a corresponding value reduction. This resulted in the stock exiting the top holdings list.
• Additionally, the investor disposed of their position entirely in TELUS Corporation (TU) (TELUS). The sale involved over 6 million shares lessened by approximately 29.6% compared to the previous period, and this stock exited the top holdings list.

Other Changes in Portfolio Allocation

Beyond these major shifts, several other adjustments were observed:

• The investor acquired a new position with Barrick Gold Corporation (B) (BARRICK GOLD). This addition increased the portfolio allocation for this stock to about 0.68%.
• They also purchased shares of Copart Inc (CPRT) (COPART INC) and BCE Inc (BCE), adding approximately 456,000 and over 352,000 shares respectively.
• Conversely, they sold their stake in BrightSpring Health Services Inc (BTSG) (BRIGHTSPRING HEALTH) and Schwab Strategic Trust ETFs (SCHY), which saw a reduction of nearly 100%.

Overall Portfolio Dynamics

The portfolio adjustments reflect the investor's dynamic approach to managing their holdings. The data indicates activity in both buying new positions and selling existing ones, suggesting ongoing strategic realignment based on market opportunities or risk management considerations during Q2 2026.