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Bank of Montreal

348 hedge funds and large institutions have $19.8B invested in Bank of Montreal in 2013 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 107 increasing their positions, 118 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 22

41% more call options, than puts

Call options by funds: $220M | Put options by funds: $156M

10% more funds holding

Funds holding: 317348 (+31)

0% less capital invested

Capital invested by funds: $19.9B → $19.8B (-$79.9M)

0.64% less ownership

Funds ownership: 46.43%45.8% (-0.64%)

9% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 118

14% less funds holding in top 10

Funds holding in top 10: 2824 (-4)

Holders
348
Holders Change
+31
Holders Change %
+9.78%
% of All Funds
10.1%
Holding in Top 10
24
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-14.29%
% of All Funds
0.7%
New
56
Increased
107
Reduced
118
Closed
22
Calls
$220M
Puts
$156M
Net Calls
+$63.9M
Net Calls Change
-$88M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$3.54B -$127M -1,860,969 -3%
CIBC World Market
2
CIBC World Market
Ontario, Canada
$1.88B -$5.31M -78,072 -0.3%
Toronto Dominion Bank
3
Toronto Dominion Bank
Ontario, Canada
$1.86B +$124M +1,824,020 +7%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.79B -$12.9M -189,472 -0.7%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$1.55B +$4.76M +69,900 +0.3%
IGIM
6
I.G. Investment Management
Manitoba, Canada
$1.13B -$53.4M -784,670 -4%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$746M -$7.95M -116,751 -1%
CIBC Asset Management
8
CIBC Asset Management
Ontario, Canada
$699M -$26M -382,390 -4%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$608M -$197M -2,888,959 -24%
Franklin Resources
10
Franklin Resources
California
$386M +$28.5M +419,385 +8%
Canada Life
11
Canada Life
Manitoba, Canada
$381M +$19.3M +283,933 +5%
Norges Bank
12
Norges Bank
Norway
$374M -$17.2M -253,039 -4%
LBA
13
Letko, Brosseau & Associates
Quebec, Canada
$345M -$12.2M -179,614 -3%
Mackenzie Financial
14
Mackenzie Financial
Ontario, Canada
$289M -$12M -175,643 -4%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$259M +$134M +1,965,340 +102%
LM
16
Lincluden Management
Ontario, Canada
$225M +$8.71M +127,930 +30%
Legal & General Group
17
Legal & General Group
United Kingdom
$187M -$1.08M -15,861 -0.6%
JP Morgan Chase
18
JP Morgan Chase
New York
$167M +$14.3M +210,838 +9%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$158M -$7.73M -113,600 -5%
Mawer Investment Management
20
Mawer Investment Management
Alberta, Canada
$141M +$1.54M +22,678 +1%
AIMCA
21
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$134M +$19.7M +289,900 +18%
APG Asset Management
22
APG Asset Management
Netherlands
$128M -$628K -9,233 -0.5%
Ameriprise
23
Ameriprise
Minnesota
$121M +$10.8M +158,230 +10%
Fiera Capital (Canada)
24
Fiera Capital (Canada)
Quebec, Canada
$120M -$57.6M -846,610 -32%
1832 Asset Management
25
1832 Asset Management
Ontario, Canada
$115M +$95.7M +1,406,249 +441%

BMO Hedge Fund Activity: Q4 2013 in Review

348 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q4 2013, worth a combined $19.8B — down 0.4% from $19.9B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new BMO positions and 22 closed out — a net gain of 34 holders — while 107 added to existing stakes and 118 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $134M. The largest seller was Fidelity Investments, cutting an estimated $197M.

  • 348 institutional investors held Bank of Montreal (BMO) as of Q4 2013, up from 317 in Q3 2013.
  • Funds reported $19.8B of Bank of Montreal stock for Q4 2013, down 0.4% quarter-over-quarter.
  • 56 funds opened new Bank of Montreal positions in Q4 2013 and 22 closed out, a net change of +34 holders.
  • The largest Bank of Montreal buyer in Q4 2013 was Acadian Asset Management, an estimated $134M added.
  • The largest Bank of Montreal seller in Q4 2013 was Fidelity Investments, an estimated $197M sold.

Based on aggregated 13F filings for Q4 2013.