TD Waterhouse Trims Stake in BNY Mellon

Canada's TD Waterhouse reduces holdings in major U.S. financial institution

Apr. 20, 2026 at 10:53am

An extreme close-up of various metal gears, levers, and mechanisms, representing the intricate infrastructure of the banking industry.A close-up view of the inner workings of a major financial institution, reflecting the complex machinery that powers the global economy.NYC Today

TD Waterhouse Canada Inc. has reduced its position in BNY Mellon (NYSE: BK) by 6% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 233,351 shares of the bank's stock, valued at $27.09 million at the end of the quarter.

Why it matters

BNY Mellon is one of the largest financial institutions in the United States, providing a wide range of services to individuals and institutions. Changes in ownership stakes by major investors can provide insights into market sentiment and potential shifts in the company's strategic direction.

The details

According to the 13F filing, TD Waterhouse Canada sold 14,774 shares of BNY Mellon during the fourth quarter, reducing its total holdings to 233,351 shares. The firm's position in BNY Mellon was valued at $27.09 million at the end of the quarter.

  • The 13F filing covers the fourth quarter of 2025.

The players

TD Waterhouse Canada Inc.

A Canadian investment firm and subsidiary of Toronto-Dominion Bank, one of the largest banks in North America.

BNY Mellon

A global financial services company and one of the largest banks in the United States, with a history dating back to 1784.

Got photos? Submit your photos here. ›

The takeaway

The reduction in TD Waterhouse Canada's stake in BNY Mellon may signal a shift in investor sentiment towards the financial institution, though it's unclear if this is part of a broader trend or a specific portfolio adjustment. Analysts will likely monitor any further changes in ownership of BNY Mellon by major institutional investors.