5 Most Profitable Canadian Stocks

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1. The Toronto-Dominion Bank (NYSE:TD)

Trailing Twelve Months Net Income: $10.11 billion (1CAD = 0.75USD)

Number of Hedge Fund Holders In Q3 2022: 22

The Toronto-Dominion Bank (NYSE:TD) is Canada’s largest bank in terms of its assets, which stood at a massive $1.4 trillion as of 2021 end. The bank operates out of Toronto.

The Toronto-Dominion Bank (NYSE:TD) was out with a bit of bad news in February 2023 when it announced its merger with an American financial services firm at the end of May. Insider Monkey took a look at 920 hedge funds for their Q3 2022 investments to discover that 22 had held the firm’s shares.

Out of these, The Toronto-Dominion Bank (NYSE:TD)’s largest investor is D.E. Shaw’s D E Shaw which owns 648,901 shares that are worth $39 million.

Follow Toronto Dominion Bank Ont (NYSE:TD)

Disclosure: None. You can also take a peek at 20 Stocks That Are Aggressively Buying Back Shares and 15 Biggest Chinese State-Owned Companies.

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