Bank of Montreal
BMO
357 hedge funds and large institutions have $15.4B invested in Bank of Montreal in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 109 increasing their positions, 125 reducing their positions, and 56 closing their positions.
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
45% more call options, than puts
Call options by funds: $304M | Put options by funds: $210M
17% more capital invested
Capital invested by funds: $13.2B → $15.4B (+$2.19B)
1.79% more ownership
Funds ownership: 38.82% → 40.62% (+1.8%)
5% less funds holding
Funds holding: 374 → 357 (-17)
13% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 125
27% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$776M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$295M |
| 3 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$124M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$107M |
| 5 |
Goldman Sachs
New York
|
+$76.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$180M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$161M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$139M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$66.4M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$60.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EIP
401
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$12K | -240 | Closed |
|
|
MIP
402
Mondrian Investment Partners
London,
United Kingdom
| – | -$15K | -213 | Closed |
|
|
ACA
403
Atlas Capital Advisors
Jackson,
Wyoming
| – | -$10.1K | -190 | Closed |
|
404
First Manhattan
New York
| – | -$5K | -113 | Closed |
|
|
CFA
405
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$5K | -105 | Closed |
|
|
TI
406
tru Independence
Portland,
Oregon
| – | -$5 | -100 | Closed |
|
|
BL
407
Balentine LLC
Atlanta,
Georgia
| – | -$4K | -78 | Closed |
|
|
LIA
408
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$4K | -72 | Closed |
|
|
IFAM
409
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$3K | -53 | Closed |
|
|
THWM
410
Taylor Hoffman Wealth Management
Richmond,
Virginia
| – | -$3K | -50 | Closed |
|
|
AWM
411
Avior Wealth Management
Omaha,
Nebraska
| – | -$1K | -36 | Closed |
|
|
WLPWM
412
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| – | -$1K | -25 | Closed |
|
BMO Hedge Fund Activity: Q3 2020 in Review
357 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2020, worth a combined $15.4B — up 17% from $13.2B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of BMO and 41 opened new positions — a net loss of 15 holders — while 125 trimmed existing stakes and 109 added.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $776M. The largest seller was TD Asset Management, cutting an estimated $180M.
- 357 institutional investors held Bank of Montreal (BMO) as of Q3 2020, down from 374 in Q2 2020.
- Funds reported $15.4B of Bank of Montreal stock for Q3 2020, up 17% quarter-over-quarter.
- 41 funds opened new Bank of Montreal positions in Q3 2020 and 56 closed out, a net change of -15 holders.
- The largest Bank of Montreal buyer in Q3 2020 was Bank of Nova Scotia, an estimated $776M added.
- The largest Bank of Montreal seller in Q3 2020 was TD Asset Management, an estimated $180M sold.
Based on aggregated 13F filings for Q3 2020.