Bank of Montreal
BMO
430 hedge funds and large institutions have $20.3B invested in Bank of Montreal in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 140 increasing their positions, 138 reducing their positions, and 46 closing their positions.
32% more call options, than puts
Call options by funds: $366M | Put options by funds: $277M
1% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 138
0% less capital invested
Capital invested by funds: $20.4B → $20.3B (-$78.4M)
0.68% less ownership
Funds ownership: 43.67% → 42.99% (-0.68%)
3% less funds holding
Funds holding: 443 → 430 (-13)
20% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 46
27% less funds holding in top 10
Funds holding in top 10: 26 → 19 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$557M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$138M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$135M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$126M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$96.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$609M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$464M |
| 3 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$214M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$72.6M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$52.4M |
BMO Hedge Fund Activity: Q3 2019 in Review
430 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2019, worth a combined $20.3B — down 0.38% from $20.4B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of BMO and 37 opened new positions — a net loss of 9 holders — while 138 trimmed existing stakes and 140 added.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $557M. The largest seller was Toronto Dominion Bank, cutting an estimated $609M.
- 430 institutional investors held Bank of Montreal (BMO) as of Q3 2019, down from 443 in Q2 2019.
- Funds reported $20.3B of Bank of Montreal stock for Q3 2019, down 0.38% quarter-over-quarter.
- 37 funds opened new Bank of Montreal positions in Q3 2019 and 46 closed out, a net change of -9 holders.
- The largest Bank of Montreal buyer in Q3 2019 was Acadian Asset Management, an estimated $557M added.
- The largest Bank of Montreal seller in Q3 2019 was Toronto Dominion Bank, an estimated $609M sold.
Based on aggregated 13F filings for Q3 2019.