Bank of Montreal
BMO
487 hedge funds and large institutions have $33.5B invested in Bank of Montreal in 2023 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 148 increasing their positions, 172 reducing their positions, and 40 closing their positions.
95% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 40
34% more call options, than puts
Call options by funds: $934M | Put options by funds: $698M
20% more capital invested
Capital invested by funds: $28B → $33.5B (+$5.49B)
12% more funds holding in top 10
Funds holding in top 10: 25 → 28 (+3)
7% more funds holding
Funds holding: 455 → 487 (+32)
0.43% more ownership
Funds ownership: 46.36% → 46.79% (+0.43%)
14% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 172
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$478M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$266M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$174M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$150M |
| 5 |
ClearBridge Investments
New York
|
+$81.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$289M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$200M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$122M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$108M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$97.1M |
BMO Hedge Fund Activity: Q4 2023 in Review
487 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q4 2023, worth a combined $33.5B — up 20% from $28B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new BMO positions and 40 closed out — a net gain of 38 holders — while 148 added to existing stakes and 172 trimmed.
The largest buyer was Fidelity International, adding an estimated $478M. The largest seller was 1832 Asset Management, cutting an estimated $289M.
- 487 institutional investors held Bank of Montreal (BMO) as of Q4 2023, up from 455 in Q3 2023.
- Funds reported $33.5B of Bank of Montreal stock for Q4 2023, up 20% quarter-over-quarter.
- 78 funds opened new Bank of Montreal positions in Q4 2023 and 40 closed out, a net change of +38 holders.
- The largest Bank of Montreal buyer in Q4 2023 was Fidelity International, an estimated $478M added.
- The largest Bank of Montreal seller in Q4 2023 was 1832 Asset Management, an estimated $289M sold.
Based on aggregated 13F filings for Q4 2023.