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Bank of Montreal

469 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 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 166 | Existing positions reduced: 141

16% more call options, than puts

Call options by funds: $679M | Put options by funds: $586M

4% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 50

3% more capital invested

Capital invested by funds: $28.6B → $29.4B (+$791M)

0% less funds holding

Funds holding: 470469 (-1)

2.04% less ownership

Funds ownership: 47.57%45.52% (-2%)

12% less funds holding in top 10

Funds holding in top 10: 2623 (-3)

Holders
469
Holders Change
-1
Holders Change %
-0.21%
% of All Funds
7.36%
Holding in Top 10
23
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-11.54%
% of All Funds
0.36%
New
52
Increased
166
Reduced
141
Closed
50
Calls
$679M
Puts
$586M
Net Calls
+$93.2M
Net Calls Change
+$68.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$6.12B +$141M +1,590,258 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.41B +$198M +2,244,422 +9%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$2.37B +$95.5M +1,080,768 +4%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.47B -$21.7M -245,996 -1%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$1.28B +$66.9M +756,928 +6%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$1.24B +$103M +1,170,160 +9%
Bank of Nova Scotia
7
Bank of Nova Scotia
Ontario, Canada
$1.21B -$201M -2,268,806 -15%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$1.11B +$24.7M +278,859 +2%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$888M +$89.6M +1,013,101 +12%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$838M -$19.9M -224,819 -2%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$750M -$19.7M -222,954 -3%
Norges Bank
12
Norges Bank
Norway
$656M +$94.9M +1,073,936 +17%
Caisse de Depot et Placement du Quebec (CDPQ)
13
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$499M +$6.05M +68,478 +1%
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$454M +$1.87M +21,178 +0.4%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$453M -$22.6M -255,533 -5%
Legal & General Group
16
Legal & General Group
United Kingdom
$360M +$25.1M +284,274 +8%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$335M -$1.07M -12,071 -0.3%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$307M -$33.4M -377,358 -10%
Fidelity International
19
Fidelity International
Bermuda
$301M -$226M -2,558,454 -43%
SC
20
Scotia Capital
Ontario, Canada
$281M +$14.6M +164,821 +6%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$271M -$243M -2,749,074 -48%
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$265M -$699K -7,913 -0.3%
JP Morgan Chase
23
JP Morgan Chase
New York
$254M +$1.02M +11,509 +0.4%
GCC
24
Guardian Capital (Canada)
Ontario, Canada
$247M +$7.09M +80,174 +3%
OAC
25
OMERS Administration Corp
Ontario, Canada
$236M +$149M +1,686,340 +182%

BMO Hedge Fund Activity: Q2 2023 in Review

469 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q2 2023, worth a combined $29.4B — up 2.8% from $28.6B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new BMO positions and 50 closed out — a net gain of 2 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.

  • 469 institutional investors held Bank of Montreal (BMO) as of Q2 2023, down from 470 in Q1 2023.
  • Funds reported $29.4B of Bank of Montreal stock for Q2 2023, up 2.8% quarter-over-quarter.
  • 52 funds opened new Bank of Montreal positions in Q2 2023 and 50 closed out, a net change of +2 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.