BlackRock, Inc. reports beneficial ownership of 85,470,467 shares of Toronto Dominion Bank common stock, representing 5.1% of the class as of 03/31/2026. The filing discloses sole voting power for 81,099,300 shares and sole dispositive power for 85,470,467 shares.
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Insights
BlackRock holds a disclosed 5.1% stake in Toronto Dominion Bank.
BlackRock's Schedule 13G lists 85,470,467 shares beneficially owned and reports sole voting power on 81,099,300 shares. The filing follows the standard beneficial-ownership disclosure framework and attributes holdings to BlackRock's Reporting Business Units.
Ownership at this level is a public disclosure of a significant institutional stake; subsequent changes would appear in amended 13G/13D filings.
Filing type and signatures align with Schedule 13G procedures.
The Schedule 13G was signed by Spencer Fleming on 04/27/2026 and includes Exhibit 24 (Power of Attorney) and Exhibit 99. It states holdings are reported for certain Reporting Business Units under SEC Release No. 34-39538.
Regulatory classification and any change in intent would require timely amendments under applicable rules.
Key Figures
Beneficial ownership:85,470,467 sharesPercent of class:5.1%Sole voting power:81,099,300 shares+2 more
5 metrics
Beneficial ownership85,470,467 sharesreported as of 03/31/2026
Percent of class5.1%percent of common stock reported
Sole voting power81,099,300 sharessole power to vote or to direct the vote
Sole dispositive power85,470,467 sharessole power to dispose or to direct the disposition
Signature date04/27/2026Schedule 13G signed date
Key Terms
Beneficially owned, Sole dispositive power, Schedule 13G
3 terms
Beneficially ownedregulatory
"reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 85470467"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13Gregulatory
"Item 1. (a) Name of issuer: TORONTO DOMINION BANK"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
What stake does BlackRock hold in Toronto Dominion Bank (TD)?
BlackRock reports beneficial ownership of 85,470,467 shares, representing 5.1% of common stock as of 03/31/2026. The filing lists sole voting power for 81,099,300 shares and sole dispositive power for all reported shares.
What does Schedule 13G mean for BlackRock's holdings in TD?
A Schedule 13G indicates a passive institutional investor reporting beneficial ownership. The form states BlackRock reports holdings for certain Reporting Business Units under SEC Release No. 34-39538, without asserting activist intent in this filing.
Who signed the TD Schedule 13G for BlackRock and when?
The Schedule 13G is signed by Spencer Fleming, Managing Director, with the signature date shown as 04/27/2026. The cover shows the ownership position as of 03/31/2026.
Does BlackRock control voting or disposition of the TD shares?
The filing reports sole voting power for 81,099,300 shares and sole dispositive power for 85,470,467 shares, indicating control over voting and disposition for the reported shares within the Reporting Business Units.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
TORONTO DOMINION BANK
(Name of Issuer)
Common Stock
(Title of Class of Securities)
891160509
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
891160509
1
Names of Reporting Persons
BlackRock, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
81,099,300.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
85,470,467.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
85,470,467.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
TORONTO DOMINION BANK
(b)
Address of issuer's principal executive offices:
c/o General Counsels Office, P.O. Box 1, Toronto Dominion Centre Toronto Canada M5K 1A2
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
891160509
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
85470467
(b)
Percent of class:
5.1 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
81099300
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
85470467
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of TORONTO DOMINION BANK. No one person's interest in the common stock of TORONTO DOMINION BANK is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
