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Bank of Montreal

405 hedge funds and large institutions have $24.6B invested in Bank of Montreal in 2021 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 162 increasing their positions, 95 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 95

23% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 40

18% more capital invested

Capital invested by funds: $20.9B → $24.6B (+$3.71B)

1% more funds holding

Funds holding: 400405 (+5)

0% more funds holding in top 10

Funds holding in top 10: 2424 (0)

0.1% less ownership

Funds ownership: 42.46%42.36% (-0.1%)

18% less call options, than puts

Call options by funds: $407M | Put options by funds: $495M

Holders
405
Holders Change
+5
Holders Change %
+1.25%
% of All Funds
7.11%
Holding in Top 10
24
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.42%
New
49
Increased
162
Reduced
95
Closed
40
Calls
$407M
Puts
$495M
Net Calls
-$87.9M
Net Calls Change
-$213M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.13B -$23.1M -283,764 -0.5%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.09B +$76.8M +941,727 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.74B +$23.2M +283,860 +1%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.34B -$17.6M -215,502 -1%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$1.18B -$46.3M -567,602 -4%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$988M +$424M +5,199,323 +88%
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$938M +$258M +3,159,000 +43%
Bank of Nova Scotia
8
Bank of Nova Scotia
Ontario, Canada
$775M -$394M -4,828,169 -36%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$761M -$221M -2,714,688 -24%
Norges Bank
10
Norges Bank
Norway
$638M -$16M -196,756 -3%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$559M +$21.4M +262,546 +4%
GCC
12
Guardian Capital (Canada)
Ontario, Canada
$436M +$119M +1,458,190 +60%
Connor, Clark & Lunn Investment Management (CC&L)
13
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$393M +$1.91M +23,445 +0.5%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$390M +$30.8M +377,033 +12%
BGC
15
Beutel, Goodman & Co
Ontario, Canada
$329M -$174M -2,135,438 -37%
Fiera Capital (Canada)
16
Fiera Capital (Canada)
Quebec, Canada
$307M +$19.7M +241,317 +8%
Legal & General Group
17
Legal & General Group
United Kingdom
$301M +$2.56M +31,337 +0.9%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$294M +$530K +6,494 +0.2%
LBA
19
Letko, Brosseau & Associates
Quebec, Canada
$262M -$52.2M -639,884 -18%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$254M -$2.74M -33,634 -1%
1832 Asset Management
21
1832 Asset Management
Ontario, Canada
$241M +$27.3M +335,187 +14%
SC
22
Scotia Capital
Ontario, Canada
$208M +$11.3M +138,640 +6%
Franklin Resources
23
Franklin Resources
California
$201M -$9.54M -116,910 -5%
JP Morgan Chase
24
JP Morgan Chase
New York
$199M +$10M +123,052 +6%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
25
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$197M -$192M -2,353,000 -52%

BMO Hedge Fund Activity: Q1 2021 in Review

405 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q1 2021, worth a combined $24.6B — up 18% from $20.9B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new BMO positions and 40 closed out — a net gain of 9 holders — while 162 added to existing stakes and 95 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $424M. The largest seller was Canada Life, cutting an estimated $464M.

  • 405 institutional investors held Bank of Montreal (BMO) as of Q1 2021, up from 400 in Q4 2020.
  • Funds reported $24.6B of Bank of Montreal stock for Q1 2021, up 18% quarter-over-quarter.
  • 49 funds opened new Bank of Montreal positions in Q1 2021 and 40 closed out, a net change of +9 holders.
  • The largest Bank of Montreal buyer in Q1 2021 was Mackenzie Financial, an estimated $424M added.
  • The largest Bank of Montreal seller in Q1 2021 was Canada Life, an estimated $464M sold.

Based on aggregated 13F filings for Q1 2021.