Bank of Montreal
BMO
470 hedge funds and large institutions have $29.4B invested in Bank of Montreal in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 166 increasing their positions, 141 reducing their positions, and 49 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 141
15% more call options, than puts
Call options by funds: $679M | Put options by funds: $588M
6% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 49
3% more capital invested
Capital invested by funds: $28.6B → $29.4B (+$787M)
0% more funds holding
Funds holding: 470 → 470 (0)
2.04% less ownership
Funds ownership: 47.57% → 45.52% (-2%)
12% less funds holding in top 10
Funds holding in top 10: 26 → 23 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$198M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$149M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$141M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$103M |
| 5 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$243M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$226M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$201M |
| 4 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$186M |
| 5 |
Morgan Stanley
New York
|
-$41.3M |
BMO Hedge Fund Activity: Q2 2023 in Review
470 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q2 2023, worth a combined $29.4B — up 2.7% from $28.6B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BMO positions and 49 closed out — a net gain of 3 holders — while 166 added to existing stakes and 141 trimmed.
The largest buyer was Vanguard Group, adding an estimated $198M. The largest seller was Fidelity Investments, cutting an estimated $243M.
- 470 institutional investors held Bank of Montreal (BMO) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $29.4B of Bank of Montreal stock for Q2 2023, up 2.7% quarter-over-quarter.
- 52 funds opened new Bank of Montreal positions in Q2 2023 and 49 closed out, a net change of +3 holders.
- The largest Bank of Montreal buyer in Q2 2023 was Vanguard Group, an estimated $198M added.
- The largest Bank of Montreal seller in Q2 2023 was Fidelity Investments, an estimated $243M sold.
Based on aggregated 13F filings for Q2 2023.