Bank of Montreal
BMO
403 hedge funds and large institutions have $22.8B invested in Bank of Montreal in 2016 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 120 increasing their positions, 137 reducing their positions, and 32 closing their positions.
94% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 32
25% more funds holding in top 10
Funds holding in top 10: 24 → 30 (+6)
11% more call options, than puts
Call options by funds: $164M | Put options by funds: $147M
10% more capital invested
Capital invested by funds: $20.8B → $22.8B (+$2.03B)
6% more funds holding
Funds holding: 381 → 403 (+22)
0.02% more ownership
Funds ownership: 48.97% → 48.99% (+0.02%)
12% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$100M |
| 2 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
+$72.1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$60.2M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$59.4M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$51.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$340M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$94.1M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$77.1M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$55M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$49M |
BMO Hedge Fund Activity: Q4 2016 in Review
403 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q4 2016, worth a combined $22.8B — up 9.8% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new BMO positions and 32 closed out — a net gain of 30 holders — while 120 added to existing stakes and 137 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $100M. The largest seller was Royal Bank of Canada, cutting an estimated $340M.
- 403 institutional investors held Bank of Montreal (BMO) as of Q4 2016, up from 381 in Q3 2016.
- Funds reported $22.8B of Bank of Montreal stock for Q4 2016, up 9.8% quarter-over-quarter.
- 62 funds opened new Bank of Montreal positions in Q4 2016 and 32 closed out, a net change of +30 holders.
- The largest Bank of Montreal buyer in Q4 2016 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $100M added.
- The largest Bank of Montreal seller in Q4 2016 was Royal Bank of Canada, an estimated $340M sold.
Based on aggregated 13F filings for Q4 2016.