Bank of Montreal
BMO
430 hedge funds and large institutions have $20.3B invested in Bank of Montreal in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 141 increasing their positions, 137 reducing their positions, and 46 closing their positions.
32% more call options, than puts
Call options by funds: $366M | Put options by funds: $277M
3% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 137
0.64% more ownership
Funds ownership: 42.34% → 42.99% (+0.64%)
3% less capital invested
Capital invested by funds: $21B → $20.3B (-$670M)
3% less funds holding
Funds holding: 443 → 430 (-13)
20% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 46
27% less funds holding in top 10
Funds holding in top 10: 26 → 19 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$557M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$138M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$135M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$126M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$96.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$464M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$214M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$72.6M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$52.4M |
| 5 |
STMM
South Texas Money Management
San Antonio,
Texas
|
-$42.1M |
BMO Hedge Fund Activity: Q3 2019 in Review
430 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2019, worth a combined $20.3B — down 3.2% from $21B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of BMO and 37 opened new positions — a net loss of 9 holders — while 137 trimmed existing stakes and 141 added.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $557M. The largest seller was TD Asset Management, cutting an estimated $464M.
- 430 institutional investors held Bank of Montreal (BMO) as of Q3 2019, down from 443 in Q2 2019.
- Funds reported $20.3B of Bank of Montreal stock for Q3 2019, down 3.2% quarter-over-quarter.
- 37 funds opened new Bank of Montreal positions in Q3 2019 and 46 closed out, a net change of -9 holders.
- The largest Bank of Montreal buyer in Q3 2019 was Acadian Asset Management, an estimated $557M added.
- The largest Bank of Montreal seller in Q3 2019 was TD Asset Management, an estimated $464M sold.
Based on aggregated 13F filings for Q3 2019.