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Bank of Montreal

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, 140 increasing their positions, 138 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more call options, than puts

Call options by funds: $366M | Put options by funds: $277M

1% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 138

0% less capital invested

Capital invested by funds: $20.4B → $20.3B (-$78.4M)

0.68% less ownership

Funds ownership: 43.67%42.99% (-0.68%)

3% less funds holding

Funds holding: 443430 (-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: 2619 (-7)

Holders
430
Holders Change
-13
Holders Change %
-2.93%
% of All Funds
9.43%
Holding in Top 10
19
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-26.92%
% of All Funds
0.42%
New
37
Increased
140
Reduced
138
Closed
46
Calls
$366M
Puts
$277M
Net Calls
+$89M
Net Calls Change
+$82.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$4.19B +$126M +1,734,057 +3%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.51B +$77M +1,056,154 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.36B +$17.4M +238,619 +1%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.06B -$464M -6,371,842 -31%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$825M +$138M +1,896,056 +20%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$724M -$34M -466,800 -5%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$695M +$21.7M +298,417 +3%
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$672M -$609M -8,360,896 -48%
CIBC Asset Management
9
CIBC Asset Management
Ontario, Canada
$600M -$30.8M -422,256 -5%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$563M +$557M +7,640,462 New
BGC
11
Beutel, Goodman & Co
Ontario, Canada
$487M +$16.1M +220,938 +3%
Norges Bank
12
Norges Bank
Norway
$469M
Capital Research Global Investors
13
Capital Research Global Investors
California
$413M -$52.4M -719,058 -11%
Canada Life
14
Canada Life
Manitoba, Canada
$410M -$10.4M -142,554 -3%
LBA
15
Letko, Brosseau & Associates
Quebec, Canada
$385M -$1.59M -21,795 -0.4%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$255M -$1.58M -21,662 -0.6%
Canada Pension Plan Investment Board
17
Canada Pension Plan Investment Board
Ontario, Canada
$248M +$96.5M +1,323,799 +65%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$229M -$72.6M -996,962 -24%
Legal & General Group
19
Legal & General Group
United Kingdom
$225M -$4.61M -63,308 -2%
Franklin Resources
20
Franklin Resources
California
$223M +$3.38M +46,424 +2%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$203M +$135M +1,848,332 +204%
JP Morgan Chase
22
JP Morgan Chase
New York
$187M +$27.3M +374,633 +17%
OAC
23
OMERS Administration Corp
Ontario, Canada
$181M +$7.07M +97,013 +4%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$165M -$391K -5,364 -0.2%
SC
25
Scotia Capital
Ontario, Canada
$161M +$1.28M +17,545 +0.8%

BMO Hedge Fund Activity: Q3 2019 in Review

430 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2019, worth a combined $20.3B — down 0.38% from $20.4B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of BMO and 37 opened new positions — a net loss of 9 holders — while 138 trimmed existing stakes and 140 added.

The largest buyer was Acadian Asset Management, opening a new position worth an estimated $557M. The largest seller was Toronto Dominion Bank, cutting an estimated $609M.

  • 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 0.38% 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 Toronto Dominion Bank, an estimated $609M sold.

Based on aggregated 13F filings for Q3 2019.