Vault-13

BANK MONTREAL MEDIUM BULZ

NT LKD 41 · ETP · CUSIP 063679559

Canadian investment bank

8 institutional holders +1 vs Q1 2025
193,910193.9k shares reported held*
$34.2mreported value*
4 new 1 added 1 reduced 3 sold out net bought ≈ $1.5m (+8.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $176.38.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0510Q4 22: 7Q1 23: 7Q2 23: 5Q3 23: 6Q4 23: 8Q1 24: 7Q2 24: 9Q3 24: 7Q4 24: 6Q1 25: 7Q2 25: 88Q4 22Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 20227
Q1 20237
Q2 20235
Q3 20236
Q4 20238
Q1 20247
Q2 20249
Q3 20247
Q4 20246
Q1 20257
Q2 20258

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
10010Q3 23: 4 bought or addedQ3 23: 3 cut or sold outQ4 23: 5 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 4 bought or addedQ1 24: 6 cut or sold outQ2 24: 7 bought or addedQ2 24: 3 cut or sold outQ2 24Q3 24: 4 bought or addedQ3 24: 6 cut or sold outQ4 24: 4 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 5 cut or sold outQ2 25: 5 bought or addedQ2 25: 4 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202343
Q4 202354
Q1 202446
Q2 202473
Q3 202446
Q4 202444
Q1 202555
Q2 202554

Biggest buyers

HRT FINANCIAL LP New +7,181+7.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +4,569+4.6k
CITADEL ADVISORS LLC New +4,474+4.5k
Tower Research Capital LLC (TRC) Added +2,430+2.4k
TWO SIGMA SECURITIES, LLC New +1,757+1.8k

Biggest sellers

BlackRock, Inc. Sold out -7,000-7.0k
HUB Investment Partners, LLC Sold out -4,500-4.5k
UBS Group AG Reduced -344-344
Allworth Financial LP Sold out -40-40

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Avestar Capital, LLC 2.23% of their portfolio New York, NY 173,300173.3k $30.6m $30.6m 2.23% Unchanged
2 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 7,1817.2k $1.3m $1.3m 0.01% New
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 4,5694.6k $805.9k $805.9k 0.00% New
4 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 4,4744.5k $789.1k $789.1k 0.00% New
5 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 2,6262.6k $463.2k $463.2k 0.01% Added +2.4k +2,430
6 TWO SIGMA SECURITIES, LLC 0.04% of their portfolio NEW YORK, NY 1,7571.8k $309.9k $309.9k 0.04% New
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 33 $529 $529 0.00% Reduced -344 -344
8 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged