Bank of Montreal
BMO
455 hedge funds and large institutions have $28B invested in Bank of Montreal in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 180 increasing their positions, 135 reducing their positions, and 47 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 135
22% more call options, than puts
Call options by funds: $653M | Put options by funds: $536M
9% more funds holding in top 10
Funds holding in top 10: 23 → 25 (+2)
0.84% more ownership
Funds ownership: 45.52% → 46.36% (+0.84%)
5% less capital invested
Capital invested by funds: $29.4B → $28B (-$1.43B)
3% less funds holding
Funds holding: 469 → 455 (-14)
21% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$203M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$125M |
| 3 |
AM
AGF Management
Toronto,
Ontario, Canada
|
+$115M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$82.4M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$71.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
-$138M |
| 2 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$88.3M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$71.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.5M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$30.4M |
BMO Hedge Fund Activity: Q3 2023 in Review
455 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2023, worth a combined $28B — down 4.9% from $29.4B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of BMO and 37 opened new positions — a net loss of 10 holders — while 135 trimmed existing stakes and 180 added.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $203M. The largest seller was MUFG Securities EMEA, exiting entirely with an estimated $138M sold.
- 455 institutional investors held Bank of Montreal (BMO) as of Q3 2023, down from 469 in Q2 2023.
- Funds reported $28B of Bank of Montreal stock for Q3 2023, down 4.9% quarter-over-quarter.
- 37 funds opened new Bank of Montreal positions in Q3 2023 and 47 closed out, a net change of -10 holders.
- The largest Bank of Montreal buyer in Q3 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $203M added.
- The largest Bank of Montreal seller in Q3 2023 was MUFG Securities EMEA, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2023.