Bank of Montreal Boosts Stake in State Street Corporation

Asset manager's shares rise after major investor increases position

Published on Mar. 12, 2026

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Bank of Montreal Can, a major financial institution, has increased its stake in State Street Corporation, a leading asset management firm, by 21.8% during the third quarter. The move comes as State Street's stock has seen a rise in value over the past year, with the company's shares opening at $126.08 on Thursday.

Why it matters

This investment by Bank of Montreal Can signals confidence in State Street's performance and growth potential. As a major institutional investor, Bank of Montreal's increased stake could influence the stock price and attract further investor interest in State Street.

The details

According to a recent filing with the Securities and Exchange Commission, Bank of Montreal Can now owns 841,102 shares of State Street, worth approximately $97.6 million. This represents around 0.30% of State Street's total outstanding shares. The asset manager's stock has traded in a range of $72.81 to $137.05 over the past 52 weeks, with a current market capitalization of $35.14 billion.

  • Bank of Montreal Can increased its stake in State Street during the 3rd quarter of 2026.
  • State Street's stock opened at $126.08 on Thursday, March 12, 2026.

The players

Bank of Montreal Can

A major Canadian financial institution that has increased its stake in State Street Corporation.

State Street Corporation

A leading global asset management firm that provides a range of investment servicing, investment management, and investment research and trading services to institutional investors.

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The takeaway

This investment by a major institutional investor like Bank of Montreal Can suggests that State Street's financial performance and growth prospects are viewed favorably by the market. The increased stake could lead to further investor interest and potentially drive up the stock price in the coming months.