Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bank Montreal Medium (BMO)

636 + Investors. Track Smart Money conviction in BMO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +31
Streak
6Q ▲
Buyers last Q
52%

Smart Money Signals — BMO

Based on 640 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added BMO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
640 hedge funds hold BMO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q
+96 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

299 buying271 selling
Last quarter: 299 funds bought or added vs 271 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~86 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 69 → 84 → 87 → 86. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 21% medium ■ 19% new
385 out of 640 hedge funds have held BMO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

75 → 69 → 84 → 87 → 86 new funds/Q
New funds entering each quarter: 69 → 84 → 87 → 86. A growing number of institutions are discovering BMO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 25% newcomers

■ 65% veterans ■ 11% 1-2yr ■ 25% new
Entry-cohort mix of 666 holders: 432 (65%) are 2+ year veterans, 70 entered 1–2 years ago, and 164 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
52 of 630 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in BMO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BMO

In 2026 Q1, 299 hedge funds were net buyers of BMO (86 opened a new position, 213 added to an existing one), while 271 reduced or exited (216 trimmed, 55 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. 53% of total institutional value in BMO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +31 funds (more new holders than closures). Total institutional holders: 640.

Hedge Fund Ownership: BMO

How many hedge funds hold BMO — quarterly history vs. share price
Quarterly hedge fund ownership of BMO vs. share price

Market Analysis: BMO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BMO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Bank Montreal Medium (BMO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BMO has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
BMO
+26.0%
XLF
+1220.3%

BMO outperformed XLF by -1194.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
BMO
+11.8%
XLF
+4.8%

Since the filing became public, BMO outperformed XLF by +7.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 13 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
4.3
/ 10
conviction
Hedge Fund Positioning: BMO
636 + Investors

Track Smart Money conviction in BMO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 636 609 4.43%
13F Shares 333M 348M -4.34%
Total Value $44.32B $45.36B -2.31%
New Positions 84 87 -3
Increased Positions 204 184 +20
Closed Positions 57 58 -1
Reduced Positions 209 204 +5
Total Calls 15 17 -11.76%
Total Puts 21 22 -4.55%
PUT/CALL Ratio 1.4 1.29 Bearish

Statistics: BMO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

636 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BMO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BMO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Canerector Inc 11.16% 125,000 $23.6M
2 Scheer, Rowlett & Associates Investment Management Ltd. 5.81% 596,325 $80.8M
3 Bank of Nova Scotia Trust Co 5.76% 496,009 $67.1M
4 Rempart Asset Management Inc. 5.45% 191,899 $25.9M
5 Aviso Financial Inc. 4.80% 999,301 $135.2M
6 Value Partners Investments Inc. 4.54% 440,552 $59.6M
7 SIG North Trading, ULC 4.54% 1,671,900 $226.3M
8 Guardian Partners Inc. 4.16% 368,162 $49.9M
9 Mufg Securities (canada), LTD. 4.07% 1,047,567 $141.6M
10 Cardinal Capital Management, Inc. 3.65% 1,004,527 $135.6M
11 Addenda Capital Inc. 3.58% 674,068 $127.0M
12 Letko, Brosseau & Associates Inc 3.44% 1,580,030 $213.3M
13 Burkett Asset Management Ltd 3.27% 24,533 $3.3M
14 Lorne Steinberg Wealth Management Inc. 3.23% 100,673 $13.6M
15 BCV Asset Management Inc. 3.04% 655,741 $88.5M
16 Cibc World Market INC. 2.91% 13,185,798 $1.79B
17 Triasima Portfolio Management inc. 2.87% 140,804 $19.0M
18 Barometer Capital Management INC. 2.85% 44,500 $8.3M
19 Murchinson Ltd. 2.57% 150,000 $20.3M
20 Murchinson Ltd. 2.57% 150,000 $20.3M
21 JCIC Asset Management Inc. 2.54% 61,364 $8.3M
22 TD Waterhouse Canada Inc. 2.52% 6,227,516 $848.6M
23 Flat Footed LLC 2.49% 169,500 $22.9M
24 Guardian Capital LP 2.43% 680,673 $91.9M
25 CIBC Asset Management Inc 2.25% 6,780,318 $920.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Bank Montreal Medium (BMO)

What does the Smart Money Trend signal show for BMO?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added BMO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BMO?

Slight buying edge — 52% buying: Last quarter: 299 funds bought or added vs 271 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BMO holders?

Elite ownership — 53% AUM from top-100 funds: 52 of 630 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in BMO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BMO?

60% of holders stayed for 2+ years: 385 out of 640 hedge funds have held BMO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Bank Montreal Medium (BMO) following the 2026 Q1 hedge fund 13F filings?

As of today, BMO has moved +11.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of +7.0%. Since the quarter end (March 31, 2026), BMO has gained +26.0% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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