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Bank of Montreal

379 hedge funds and large institutions have $20.8B invested in Bank of Montreal in 2016 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 125 increasing their positions, 127 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

248% more call options, than puts

Call options by funds: $224M | Put options by funds: $64.4M

14% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 29

4% more funds holding in top 10

Funds holding in top 10: 2324 (+1)

3% more capital invested

Capital invested by funds: $20.1B → $20.8B (+$647M)

0% more funds holding

Funds holding: 379379 (0)

0.27% less ownership

Funds ownership: 49.24%48.97% (-0.27%)

2% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 127

Holders
379
Holders Change
Holders Change %
0%
% of All Funds
10.11%
Holding in Top 10
24
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.35%
% of All Funds
0.64%
New
33
Increased
125
Reduced
127
Closed
29
Calls
$224M
Puts
$64.4M
Net Calls
+$160M
Net Calls Change
+$41.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$3.63B +$38.6M +593,809 +1%
CIBC World Market
2
CIBC World Market
Ontario, Canada
$1.81B +$20M +308,092 +1%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$1.7B -$8.9M -136,959 -0.5%
Toronto Dominion Bank
4
Toronto Dominion Bank
Ontario, Canada
$1.38B +$23M +353,626 +2%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$1.07B -$338K -5,206 -0%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$1.01B -$1.43M -22,035 -0.1%
IGIM
7
I.G. Investment Management
Manitoba, Canada
$875M -$23.4M -359,586 -3%
Capital Research Global Investors
8
Capital Research Global Investors
California
$847M +$13M +199,522 +2%
Vanguard Group
9
Vanguard Group
Pennsylvania
$828M +$18.9M +290,173 +2%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$387M -$26.8M -411,818 -7%
LBA
11
Letko, Brosseau & Associates
Quebec, Canada
$376M -$5.42M -83,358 -1%
Norges Bank
12
Norges Bank
Norway
$370M -$10.7M -165,186 -3%
GCC
13
Guardian Capital (Canada)
Ontario, Canada
$348M +$1.57M +24,225 +0.5%
Franklin Resources
14
Franklin Resources
California
$346M -$3.98M -61,258 -1%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$342M -$15.9M -244,200 -4%
Canada Life
16
Canada Life
Manitoba, Canada
$311M -$2.64M -40,634 -0.8%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$296M +$21.1M +325,359 +8%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$245M +$13.1M +201,379 +6%
Legal & General Group
19
Legal & General Group
United Kingdom
$199M -$1.54M -23,673 -0.8%
Mawer Investment Management
20
Mawer Investment Management
Alberta, Canada
$181M +$180M +2,770,321 New
Mackenzie Financial
21
Mackenzie Financial
Ontario, Canada
$178M -$29.8M -458,640 -14%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$138M -$7.21M -110,912 -5%
1832 Asset Management
23
1832 Asset Management
Ontario, Canada
$132M -$5.53M -85,168 -4%
CS
24
Credit Suisse
Switzerland
$126M -$33.6M -517,053 -21%
AQR Capital Management
25
AQR Capital Management
Connecticut
$123M +$32.9M +507,000 +37%

BMO Hedge Fund Activity: Q3 2016 in Review

379 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2016, worth a combined $20.8B — up 3.2% from $20.1B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new BMO positions and 29 closed out — a net gain of 4 holders — while 125 added to existing stakes and 127 trimmed.

The largest buyer was Mawer Investment Management, opening a new position worth an estimated $180M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $65.3M.

  • 379 institutional investors held Bank of Montreal (BMO) as of Q3 2016, unchanged from Q2 2016.
  • Funds reported $20.8B of Bank of Montreal stock for Q3 2016, up 3.2% quarter-over-quarter.
  • 33 funds opened new Bank of Montreal positions in Q3 2016 and 29 closed out, a net change of +4 holders.
  • The largest Bank of Montreal buyer in Q3 2016 was Mawer Investment Management, an estimated $180M added.
  • The largest Bank of Montreal seller in Q3 2016 was Jarislowsky, Fraser Ltd, an estimated $65.3M sold.

Based on aggregated 13F filings for Q3 2016.