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Bank of Montreal

487 hedge funds and large institutions have $33.5B invested in Bank of Montreal in 2023 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 148 increasing their positions, 172 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 40

34% more call options, than puts

Call options by funds: $934M | Put options by funds: $698M

20% more capital invested

Capital invested by funds: $28B → $33.5B (+$5.49B)

12% more funds holding in top 10

Funds holding in top 10: 2528 (+3)

7% more funds holding

Funds holding: 455487 (+32)

0.43% more ownership

Funds ownership: 46.36%46.79% (+0.43%)

14% less repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 172

Holders
487
Holders Change
+32
Holders Change %
+7.03%
% of All Funds
7.1%
Holding in Top 10
28
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+12%
% of All Funds
0.41%
New
78
Increased
148
Reduced
172
Closed
40
Calls
$934M
Puts
$698M
Net Calls
+$236M
Net Calls Change
+$119M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$6.55B -$97.1M -1,162,908 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.78B +$73.6M +881,992 +3%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$2.52B -$122M -1,466,606 -5%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.91B +$266M +3,187,998 +20%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$1.44B +$61.7M +738,579 +5%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$1.38B -$71.5M -856,277 -6%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$1.35B -$31.1M -372,417 -3%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$998M -$108M -1,289,362 -11%
Fidelity International
9
Fidelity International
Bermuda
$977M +$478M +5,729,145 +138%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$909M -$44.3M -531,108 -5%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$881M +$45.8M +548,284 +7%
Norges Bank
12
Norges Bank
Norway
$813M +$62.3M +746,874 +10%
BGC
13
Beutel, Goodman & Co
Ontario, Canada
$572M +$57.6M +690,341 +14%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$566M -$289M -3,467,618 -38%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$556M
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$549M +$33.9M +406,108 +8%
Legal & General Group
17
Legal & General Group
United Kingdom
$416M -$3.47M -41,561 -1%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$394M +$44.1M +527,935 +15%
Bank of America
19
Bank of America
North Carolina
$358M +$150M +1,797,102 +99%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$357M +$2.38M +28,547 +0.8%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$329M +$2.46M +29,517 +0.9%
SC
22
Scotia Capital
Ontario, Canada
$324M +$8.19M +98,140 +3%
Fiera Capital (Canada)
23
Fiera Capital (Canada)
Quebec, Canada
$309M +$669K +8,011 +0.3%
JP Morgan Chase
24
JP Morgan Chase
New York
$276M -$9.83M -117,722 -4%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$275M +$11.6M +138,454 +5%

BMO Hedge Fund Activity: Q4 2023 in Review

487 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q4 2023, worth a combined $33.5B — up 20% from $28B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new BMO positions and 40 closed out — a net gain of 38 holders — while 148 added to existing stakes and 172 trimmed.

The largest buyer was Fidelity International, adding an estimated $478M. The largest seller was 1832 Asset Management, cutting an estimated $289M.

  • 487 institutional investors held Bank of Montreal (BMO) as of Q4 2023, up from 455 in Q3 2023.
  • Funds reported $33.5B of Bank of Montreal stock for Q4 2023, up 20% quarter-over-quarter.
  • 78 funds opened new Bank of Montreal positions in Q4 2023 and 40 closed out, a net change of +38 holders.
  • The largest Bank of Montreal buyer in Q4 2023 was Fidelity International, an estimated $478M added.
  • The largest Bank of Montreal seller in Q4 2023 was 1832 Asset Management, an estimated $289M sold.

Based on aggregated 13F filings for Q4 2023.