Bank of Montreal Can Decreases Position in Duke Energy Corporation

The fund sold over 32 million shares of the utility company in the third quarter.

Published on Mar. 11, 2026

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Bank of Montreal Can, a major institutional investor, significantly reduced its stake in Duke Energy Corporation during the third quarter of the year. The fund sold over 32 million shares of the utility company, trimming its position by 96.4%. As a result, Bank of Montreal Can now owns just 1.2 million shares of Duke Energy, worth around $151 million.

Why it matters

This large reduction in ownership by a major investor like Bank of Montreal Can could signal a shift in sentiment around Duke Energy's stock. Institutional investors closely watch each other's trading activity, so this move may influence how other funds view and trade the stock going forward.

The details

According to a recent SEC filing, Bank of Montreal Can sold 32,446,843 shares of Duke Energy during the third quarter. This reduced the fund's total position in the utility company to just 1,220,536 shares, worth around $151 million. Bank of Montreal Can previously owned about 0.16% of Duke Energy's outstanding shares.

  • The share sale occurred during the third quarter of 2026.

The players

Bank of Montreal Can

A major institutional investor and asset management firm.

Duke Energy Corporation

A U.S.-based electric power holding company that generates, transmits, and distributes electricity to residential, commercial, and industrial customers.

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The takeaway

This significant reduction in Bank of Montreal Can's Duke Energy holdings could signal a shift in investor sentiment around the utility company's stock. Institutional investors often closely watch each other's trading activity, so this move may influence how other funds view and trade Duke Energy going forward.