Bank of Montreal
BMO
492 hedge funds and large institutions have $33.8B invested in Bank of Montreal in 2024 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 180 increasing their positions, 149 reducing their positions, and 43 closing their positions.
21% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 43
21% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 149
16% more call options, than puts
Call options by funds: $784M | Put options by funds: $676M
1% more funds holding
Funds holding: 487 → 492 (+5)
1% more capital invested
Capital invested by funds: $33.5B → $33.8B (+$376M)
0.86% more ownership
Funds ownership: 46.79% → 47.65% (+0.86%)
7% less funds holding in top 10
Funds holding in top 10: 28 → 26 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$366M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$332M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$297M |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$214M |
| 5 |
Goldman Sachs
New York
|
+$164M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$235M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$223M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$148M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$128M |
| 5 |
Morgan Stanley
New York
|
-$104M |
BMO Hedge Fund Activity: Q1 2024 in Review
492 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q1 2024, worth a combined $33.8B — up 1.1% from $33.5B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BMO positions and 43 closed out — a net gain of 9 holders — while 180 added to existing stakes and 149 trimmed.
The largest buyer was National Bank of Canada, adding an estimated $366M. The largest seller was Royal Bank of Canada, cutting an estimated $235M.
- 492 institutional investors held Bank of Montreal (BMO) as of Q1 2024, up from 487 in Q4 2023.
- Funds reported $33.8B of Bank of Montreal stock for Q1 2024, up 1.1% quarter-over-quarter.
- 52 funds opened new Bank of Montreal positions in Q1 2024 and 43 closed out, a net change of +9 holders.
- The largest Bank of Montreal buyer in Q1 2024 was National Bank of Canada, an estimated $366M added.
- The largest Bank of Montreal seller in Q1 2024 was Royal Bank of Canada, an estimated $235M sold.
Based on aggregated 13F filings for Q1 2024.