Bank of Montreal
BMO
395 hedge funds and large institutions have $21.6B invested in Bank of Montreal in 2017 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 120 increasing their positions, 135 reducing their positions, and 35 closing their positions.
3% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 35
3% more capital invested
Capital invested by funds: $21B → $21.6B (+$595M)
0.22% more ownership
Funds ownership: 43.7% → 43.92% (+0.22%)
1% less funds holding
Funds holding: 399 → 395 (-4)
7% less funds holding in top 10
Funds holding in top 10: 30 → 28 (-2)
11% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 135
36% less call options, than puts
Call options by funds: $117M | Put options by funds: $183M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$229M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$139M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$129M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$71.3M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$125M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$62.7M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$54.3M |
| 4 |
CA
Cortland Advisers
Wilmington,
Delaware
|
-$51.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$50.5M |
BMO Hedge Fund Activity: Q3 2017 in Review
395 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2017, worth a combined $21.6B — up 2.8% from $21B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BMO positions and 35 closed out — a net gain of 1 holder — while 120 added to existing stakes and 135 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $229M. The largest seller was Toronto Dominion Bank, cutting an estimated $125M.
- 395 institutional investors held Bank of Montreal (BMO) as of Q3 2017, down from 399 in Q2 2017.
- Funds reported $21.6B of Bank of Montreal stock for Q3 2017, up 2.8% quarter-over-quarter.
- 36 funds opened new Bank of Montreal positions in Q3 2017 and 35 closed out, a net change of +1 holder.
- The largest Bank of Montreal buyer in Q3 2017 was 1832 Asset Management, an estimated $229M added.
- The largest Bank of Montreal seller in Q3 2017 was Toronto Dominion Bank, an estimated $125M sold.
Based on aggregated 13F filings for Q3 2017.