Bank of Montreal
BMO
317 hedge funds and large institutions have $20B invested in Bank of Montreal in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 118 increasing their positions, 101 reducing their positions, and 31 closing their positions.
139% more call options, than puts
Call options by funds: $261M | Put options by funds: $109M
47% more funds holding in top 10
Funds holding in top 10: 19 → 28 (+9)
19% more capital invested
Capital invested by funds: $16.8B → $20B (+$3.22B)
17% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 101
1.91% more ownership
Funds ownership: 44.52% → 46.43% (+1.9%)
3% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 31
0% less funds holding
Funds holding: 318 → 317 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$307M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$132M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$76.8M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$58.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$51.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$43.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.1M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$34.3M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$31.8M |
| 5 |
Renaissance Technologies
New York
|
-$22.9M |
BMO Hedge Fund Activity: Q3 2013 in Review
317 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2013, worth a combined $20B — up 19% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BMO positions and 31 closed out — a net gain of 1 holder — while 118 added to existing stakes and 101 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $307M. The largest seller was 1832 Asset Management, cutting an estimated $43.6M.
- 317 institutional investors held Bank of Montreal (BMO) as of Q3 2013, down from 318 in Q2 2013.
- Funds reported $20B of Bank of Montreal stock for Q3 2013, up 19% quarter-over-quarter.
- 32 funds opened new Bank of Montreal positions in Q3 2013 and 31 closed out, a net change of +1 holder.
- The largest Bank of Montreal buyer in Q3 2013 was Fidelity Investments, an estimated $307M added.
- The largest Bank of Montreal seller in Q3 2013 was 1832 Asset Management, an estimated $43.6M sold.
Based on aggregated 13F filings for Q3 2013.