Bank of Montreal
BMO
453 hedge funds and large institutions have $20.8B invested in Bank of Montreal in 2019 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 124 increasing their positions, 164 reducing their positions, and 36 closing their positions.
50% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 36
11% more capital invested
Capital invested by funds: $18.8B → $20.8B (+$1.99B)
7% more funds holding in top 10
Funds holding in top 10: 28 → 30 (+2)
3% more funds holding
Funds holding: 438 → 453 (+15)
9% more call options, than puts
Call options by funds: $226M | Put options by funds: $207M
0.85% less ownership
Funds ownership: 44.21% → 43.36% (-0.85%)
24% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 164
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$101M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$98.3M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$74M |
| 4 |
D.E. Shaw & Co
New York
|
+$54.9M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$395M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$113M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$59.3M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$58.4M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$49.7M |
BMO Hedge Fund Activity: Q1 2019 in Review
453 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q1 2019, worth a combined $20.8B — up 11% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new BMO positions and 36 closed out — a net gain of 18 holders — while 124 added to existing stakes and 164 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $101M. The largest seller was Canada Life, exiting entirely with an estimated $395M sold.
- 453 institutional investors held Bank of Montreal (BMO) as of Q1 2019, up from 438 in Q4 2018.
- Funds reported $20.8B of Bank of Montreal stock for Q1 2019, up 11% quarter-over-quarter.
- 54 funds opened new Bank of Montreal positions in Q1 2019 and 36 closed out, a net change of +18 holders.
- The largest Bank of Montreal buyer in Q1 2019 was Bank of Nova Scotia, an estimated $101M added.
- The largest Bank of Montreal seller in Q1 2019 was Canada Life, an estimated $395M sold.
Based on aggregated 13F filings for Q1 2019.