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Bank of Montreal

396 hedge funds and large institutions have $13.6B invested in Bank of Montreal in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 133 increasing their positions, 145 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more call options, than puts

Call options by funds: $278M | Put options by funds: $221M

0.85% more ownership

Funds ownership: 41.62%42.47% (+0.85%)

8% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 145

11% less funds holding

Funds holding: 447396 (-51)

30% less funds holding in top 10

Funds holding in top 10: 2014 (-6)

34% less capital invested

Capital invested by funds: $20.7B → $13.6B (-$7.03B)

64% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 70

Holders
396
Holders Change
-51
Holders Change %
-11.41%
% of All Funds
8.73%
Holding in Top 10
14
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-30%
% of All Funds
0.31%
New
25
Increased
133
Reduced
145
Closed
70
Calls
$278M
Puts
$221M
Net Calls
+$56.4M
Net Calls Change
-$71.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.73B -$73.1M -1,078,112 -2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$998M -$15.3M -225,971 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$994M +$79.7M +1,176,273 +6%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$933M +$310M +4,575,820 +32%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$695M +$191M +2,814,173 +26%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$545M +$3.22M +47,557 +0.4%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$469M -$30.7M -453,397 -5%
Capital Research Global Investors
8
Capital Research Global Investors
California
$378M +$127M +1,877,206 +33%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$355M -$221M -3,256,465 -31%
Canada Life
10
Canada Life
Manitoba, Canada
$346M +$86M +1,268,807 +23%
BGC
11
Beutel, Goodman & Co
Ontario, Canada
$322M -$12.7M -186,780 -3%
Norges Bank
12
Norges Bank
Norway
$297M -$23.8M -350,650 -6%
CIBC Asset Management
13
CIBC Asset Management
Ontario, Canada
$245M -$204M -3,014,834 -38%
LBA
14
Letko, Brosseau & Associates
Quebec, Canada
$225M -$33.8M -498,132 -10%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$169M -$3.38M -49,869 -1%
Goldman Sachs
16
Goldman Sachs
New York
$161M +$119M +1,749,470 +121%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$159M +$41.4M +610,546 +24%
Legal & General Group
18
Legal & General Group
United Kingdom
$155M -$2.42M -35,716 -1%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$147M +$6.24M +92,049 +3%
Franklin Resources
20
Franklin Resources
California
$135M -$7.7M -113,535 -4%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$133M +$92.7M +1,367,199 +108%
GCC
22
Guardian Capital (Canada)
Ontario, Canada
$122M +$62.5M +922,362 +60%
Sumitomo Mitsui Trust Group
23
Sumitomo Mitsui Trust Group
Japan
$121M +$6.31M +93,131 +4%
SC
24
Scotia Capital
Ontario, Canada
$120M +$12.1M +178,676 +8%
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$112M +$26.1M +384,373 +21%

BMO Hedge Fund Activity: Q1 2020 in Review

396 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q1 2020, worth a combined $13.6B — down 34% from $20.7B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of BMO and 25 opened new positions — a net loss of 45 holders — while 145 trimmed existing stakes and 133 added.

The largest buyer was TD Asset Management, adding an estimated $310M. The largest seller was Mackenzie Financial, cutting an estimated $221M.

  • 396 institutional investors held Bank of Montreal (BMO) as of Q1 2020, down from 447 in Q4 2019.
  • Funds reported $13.6B of Bank of Montreal stock for Q1 2020, down 34% quarter-over-quarter.
  • 25 funds opened new Bank of Montreal positions in Q1 2020 and 70 closed out, a net change of -45 holders.
  • The largest Bank of Montreal buyer in Q1 2020 was TD Asset Management, an estimated $310M added.
  • The largest Bank of Montreal seller in Q1 2020 was Mackenzie Financial, an estimated $221M sold.

Based on aggregated 13F filings for Q1 2020.