Bank of Montreal
BMO
438 hedge funds and large institutions have $18.8B invested in Bank of Montreal in 2018 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 131 increasing their positions, 157 reducing their positions, and 65 closing their positions.
1.01% less ownership
Funds ownership: 45.22% → 44.21% (-1%)
3% less funds holding
Funds holding: 453 → 438 (-15)
15% less funds holding in top 10
Funds holding in top 10: 33 → 28 (-5)
17% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 157
17% less call options, than puts
Call options by funds: $224M | Put options by funds: $268M
18% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 65
22% less capital invested
Capital invested by funds: $24B → $18.8B (-$5.16B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$98M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$92.8M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$65.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$54.5M |
| 5 |
Renaissance Technologies
New York
|
+$46.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$224M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$185M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$128M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$113M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$77.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
501
Simplex Trading
Chicago,
Illinois
| – | +$74 | +1 | New |
|
BMO Hedge Fund Activity: Q4 2018 in Review
438 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q4 2018, worth a combined $18.8B — down 22% from $24B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of BMO and 53 opened new positions — a net loss of 12 holders — while 157 trimmed existing stakes and 131 added.
The largest buyer was Royal Bank of Canada, adding an estimated $98M. The largest seller was Arrowstreet Capital, cutting an estimated $224M.
- 438 institutional investors held Bank of Montreal (BMO) as of Q4 2018, down from 453 in Q3 2018.
- Funds reported $18.8B of Bank of Montreal stock for Q4 2018, down 22% quarter-over-quarter.
- 53 funds opened new Bank of Montreal positions in Q4 2018 and 65 closed out, a net change of -12 holders.
- The largest Bank of Montreal buyer in Q4 2018 was Royal Bank of Canada, an estimated $98M added.
- The largest Bank of Montreal seller in Q4 2018 was Arrowstreet Capital, an estimated $224M sold.
Based on aggregated 13F filings for Q4 2018.