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Bank of Montreal

457 hedge funds and large institutions have $24.2B invested in Bank of Montreal in 2022 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 173 increasing their positions, 134 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 134

13% more funds holding in top 10

Funds holding in top 10: 2326 (+3)

0.96% less ownership

Funds ownership: 45.3%44.34% (-0.96%)

6% less funds holding

Funds holding: 487457 (-30)

7% less capital invested

Capital invested by funds: $26.1B → $24.2B (-$1.93B)

36% less call options, than puts

Call options by funds: $441M | Put options by funds: $693M

39% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 59

Holders
457
Holders Change
-30
Holders Change %
-6.16%
% of All Funds
7.87%
Holding in Top 10
26
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+13.04%
% of All Funds
0.45%
New
36
Increased
173
Reduced
134
Closed
59
Calls
$441M
Puts
$693M
Net Calls
-$252M
Net Calls Change
-$63.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.75B +$145M +1,499,512 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.12B +$163M +1,688,352 +8%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$1.39B +$41.6M +429,688 +3%
Bank of Nova Scotia
4
Bank of Nova Scotia
Ontario, Canada
$1.12B +$93.2M +963,984 +8%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$1.08B +$96.2M +995,099 +9%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$1.08B +$95.9M +992,014 +9%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$746M +$70.2M +726,118 +9%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$733M +$97.9M +1,012,790 +14%
CIBC Asset Management
9
CIBC Asset Management
Ontario, Canada
$710M -$69.2M -715,521 -8%
Fidelity International
10
Fidelity International
Bermuda
$584M -$260M -2,690,062 -29%
Norges Bank
11
Norges Bank
Norway
$498M +$3.83M +39,656 +0.7%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$436M -$46.8M -483,788 -9%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$426M +$166M +1,718,244 +56%
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$394M +$119M +1,225,389 +38%
Legal & General Group
15
Legal & General Group
United Kingdom
$353M -$11.9M -122,938 -3%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$324M -$804K -8,311 -0.2%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$317M +$44.7M +462,658 +15%
Caisse de Depot et Placement du Quebec (CDPQ)
18
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$289M -$6.14M -63,451 -2%
Bank of America
19
Bank of America
North Carolina
$263M +$60.3M +623,113 +26%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$256M -$11.3M -116,909 -4%
GCC
21
Guardian Capital (Canada)
Ontario, Canada
$241M +$4.58M +47,386 +2%
SC
22
Scotia Capital
Ontario, Canada
$230M +$4.6M +47,536 +2%
JP Morgan Chase
23
JP Morgan Chase
New York
$223M +$1.49M +15,394 +0.6%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$193M +$23.3M +241,303 +12%
National Bank of Canada
25
National Bank of Canada
Quebec, Canada
$190M +$3.42M +35,327 +2%

BMO Hedge Fund Activity: Q3 2022 in Review

457 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2022, worth a combined $24.2B — down 7.4% from $26.1B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of BMO and 36 opened new positions — a net loss of 23 holders — while 134 trimmed existing stakes and 173 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $166M. The largest seller was Fidelity International, cutting an estimated $260M.

  • 457 institutional investors held Bank of Montreal (BMO) as of Q3 2022, down from 487 in Q2 2022.
  • Funds reported $24.2B of Bank of Montreal stock for Q3 2022, down 7.4% quarter-over-quarter.
  • 36 funds opened new Bank of Montreal positions in Q3 2022 and 59 closed out, a net change of -23 holders.
  • The largest Bank of Montreal buyer in Q3 2022 was Manulife (Manufacturers Life Insurance), an estimated $166M added.
  • The largest Bank of Montreal seller in Q3 2022 was Fidelity International, an estimated $260M sold.

Based on aggregated 13F filings for Q3 2022.