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Bank of Montreal

455 hedge funds and large institutions have $28B invested in Bank of Montreal in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 180 increasing their positions, 135 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 135

22% more call options, than puts

Call options by funds: $653M | Put options by funds: $536M

9% more funds holding in top 10

Funds holding in top 10: 2325 (+2)

0.84% more ownership

Funds ownership: 45.52%46.36% (+0.84%)

5% less capital invested

Capital invested by funds: $29.4B → $28B (-$1.43B)

3% less funds holding

Funds holding: 469455 (-14)

21% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 47

Holders
455
Holders Change
-14
Holders Change %
-2.99%
% of All Funds
7.22%
Holding in Top 10
25
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+8.7%
% of All Funds
0.4%
New
37
Increased
180
Reduced
135
Closed
47
Calls
$653M
Puts
$536M
Net Calls
+$117M
Net Calls Change
+$24.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$5.68B -$39.5M -449,811 -0.7%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.37B +$38.8M +441,559 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$2.29B +$41.2M +468,761 +2%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.36B -$17.9M -204,219 -1%
Bank of Nova Scotia
5
Bank of Nova Scotia
Ontario, Canada
$1.25B +$125M +1,417,298 +11%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$1.18B -$12.9M -146,412 -1%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$1.1B +$6.07M +69,009 +0.5%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$938M -$71.2M -809,820 -7%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$820M -$7.87M -89,560 -0.9%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$775M -$8.16M -92,802 -1%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$705M +$2.61M +29,706 +0.4%
Norges Bank
12
Norges Bank
Norway
$630M +$17.3M +196,289 +3%
Caisse de Depot et Placement du Quebec (CDPQ)
13
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$474M +$6.47M +73,593 +1%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$437M +$10.8M +122,925 +2%
BGC
15
Beutel, Goodman & Co
Ontario, Canada
$429M +$3.44M +39,155 +0.8%
Legal & General Group
16
Legal & General Group
United Kingdom
$358M +$20.9M +237,521 +6%
Fidelity International
17
Fidelity International
Bermuda
$350M +$71.6M +814,507 +24%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$302M -$11.2M -127,353 -3%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$291M +$4.77M +54,324 +2%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$278M +$26.5M +301,391 +10%
SC
21
Scotia Capital
Ontario, Canada
$268M +$5.7M +64,839 +2%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
22
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$264M +$203M +2,308,214 +280%
Fiera Capital (Canada)
23
Fiera Capital (Canada)
Quebec, Canada
$264M +$16.3M +185,082 +6%
JP Morgan Chase
24
JP Morgan Chase
New York
$246M +$9.03M +102,710 +4%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$223M +$8.62M +98,060 +4%

BMO Hedge Fund Activity: Q3 2023 in Review

455 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q3 2023, worth a combined $28B — down 4.9% from $29.4B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of BMO and 37 opened new positions — a net loss of 10 holders — while 135 trimmed existing stakes and 180 added.

The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $203M. The largest seller was MUFG Securities EMEA, exiting entirely with an estimated $138M sold.

  • 455 institutional investors held Bank of Montreal (BMO) as of Q3 2023, down from 469 in Q2 2023.
  • Funds reported $28B of Bank of Montreal stock for Q3 2023, down 4.9% quarter-over-quarter.
  • 37 funds opened new Bank of Montreal positions in Q3 2023 and 47 closed out, a net change of -10 holders.
  • The largest Bank of Montreal buyer in Q3 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $203M added.
  • The largest Bank of Montreal seller in Q3 2023 was MUFG Securities EMEA, an estimated $138M sold.

Based on aggregated 13F filings for Q3 2023.