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Bank of Montreal

478 hedge funds and large institutions have $28.7B invested in Bank of Montreal in 2022 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 145 increasing their positions, 172 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 29

19% more capital invested

Capital invested by funds: $24.2B → $28.7B (+$4.55B)

12% more funds holding in top 10

Funds holding in top 10: 2629 (+3)

5% more funds holding

Funds holding: 457478 (+21)

3.25% more ownership

Funds ownership: 44.34%47.59% (+3.3%)

16% less repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 172

27% less call options, than puts

Call options by funds: $679M | Put options by funds: $934M

Holders
478
Holders Change
+21
Holders Change %
+4.6%
% of All Funds
7.68%
Holding in Top 10
29
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+11.54%
% of All Funds
0.47%
New
58
Increased
145
Reduced
172
Closed
29
Calls
$679M
Puts
$934M
Net Calls
-$255M
Net Calls Change
-$3.32M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.87B -$75.6M -816,954 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.28B +$90.8M +981,201 +4%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$2.19B -$4.42M -47,802 -0.2%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.44B +$24.3M +262,540 +2%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$1.24B +$118M +1,275,854 +10%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$1.2B +$43M +464,465 +4%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$1.14B +$34.5M +372,199 +3%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$959M +$779M +8,418,353 +388%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$865M +$109M +1,179,546 +14%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$759M +$28.8M +310,991 +4%
Toronto Dominion Bank
11
Toronto Dominion Bank
Ontario, Canada
$752M -$20.9M -225,796 -3%
Fidelity International
12
Fidelity International
Bermuda
$677M +$75M +810,424 +12%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$567M +$244M +2,637,985 +73%
Norges Bank
14
Norges Bank
Norway
$561M +$47.5M +512,998 +9%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$488M +$195M +2,107,925 +64%
BGC
16
Beutel, Goodman & Co
Ontario, Canada
$455M +$51.9M +561,163 +13%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$438M -$12.7M -137,702 -3%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$434M -$1.97M -21,249 -0.4%
Legal & General Group
19
Legal & General Group
United Kingdom
$338M -$25.1M -270,980 -7%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$271M -$1.43M -15,429 -0.5%
SC
21
Scotia Capital
Ontario, Canada
$251M +$14.7M +158,646 +6%
Bank of America
22
Bank of America
North Carolina
$242M -$30.3M -326,903 -11%
JP Morgan Chase
23
JP Morgan Chase
New York
$233M +$2.19M +23,638 +0.9%
GCC
24
Guardian Capital (Canada)
Ontario, Canada
$230M -$17.5M -189,535 -7%
Canada Pension Plan Investment Board
25
Canada Pension Plan Investment Board
Ontario, Canada
$203M +$18.8M +203,170 +10%

BMO Hedge Fund Activity: Q4 2022 in Review

478 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q4 2022, worth a combined $28.7B — up 19% from $24.2B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new BMO positions and 29 closed out — a net gain of 29 holders — while 145 added to existing stakes and 172 trimmed.

The largest buyer was National Bank of Canada, adding an estimated $779M. The largest seller was Royal Bank of Canada, cutting an estimated $75.6M.

  • 478 institutional investors held Bank of Montreal (BMO) as of Q4 2022, up from 457 in Q3 2022.
  • Funds reported $28.7B of Bank of Montreal stock for Q4 2022, up 19% quarter-over-quarter.
  • 58 funds opened new Bank of Montreal positions in Q4 2022 and 29 closed out, a net change of +29 holders.
  • The largest Bank of Montreal buyer in Q4 2022 was National Bank of Canada, an estimated $779M added.
  • The largest Bank of Montreal seller in Q4 2022 was Royal Bank of Canada, an estimated $75.6M sold.

Based on aggregated 13F filings for Q4 2022.