Bank of Montreal
BMO
478 hedge funds and large institutions have $29.3B invested in Bank of Montreal in 2024 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 157 increasing their positions, 172 reducing their positions, and 62 closing their positions.
22% more capital inflows, than outflows
Capital inflows: $2.61B | Capital outflows: $2.15B
0.43% more ownership
Funds ownership: 47.65% → 48.09% (+0.43%)
4% less call options, than puts
Call options by funds: $605M | Put options by funds: $629M
9% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 172
3% less funds holding
Funds holding: 493 → 478 (-15)
13% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 62
23% less funds holding in top 10
Funds holding in top 10: 26 → 20 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$351M |
| 2 |
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$256M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$215M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$214M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$539M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$242M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$218M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$167M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$157M |
BMO Hedge Fund Activity: Q2 2024 in Review
478 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q2 2024, worth a combined $29.3B — down 14% from $33.8B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of BMO and 54 opened new positions — a net loss of 8 holders — while 172 trimmed existing stakes and 157 added.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $351M. The largest seller was Royal Bank of Canada, cutting an estimated $539M.
- 478 institutional investors held Bank of Montreal (BMO) as of Q2 2024, down from 493 in Q1 2024.
- Funds reported $29.3B of Bank of Montreal stock for Q2 2024, down 14% quarter-over-quarter.
- 54 funds opened new Bank of Montreal positions in Q2 2024 and 62 closed out, a net change of -8 holders.
- The largest Bank of Montreal buyer in Q2 2024 was Federation des caisses Desjardins du Quebec, an estimated $351M added.
- The largest Bank of Montreal seller in Q2 2024 was Royal Bank of Canada, an estimated $539M sold.
Based on aggregated 13F filings for Q2 2024.