BMO.NYSEBank of Montreal /CAN/

SCHEDULE: Bank of Montreal Amends Granite REIT Stake

Sentiment:

Beneficial Ownership Report

📋All filings for Bank of Montreal /CAN/
🔒Login to Follow

Bank of Montreal and its affiliates have updated their beneficial ownership in Granite Real Estate Investment Trust, collectively holding 7.21% of common stock as of June 30, 2025.

Summary

  • Bank of Montreal, along with its various subsidiaries and affiliates, reported beneficial ownership of 4,527,882 common shares of Granite Real Estate Investment Trust.
  • This aggregate holding represents 7.21% of the total outstanding common stock of Granite Real Estate Investment Trust.
  • Key reporting entities include Bank of Montreal (7.21%), BANK OF MONTREAL HOLDING INC. (7.08%), BMO NESBITT BURNS INC. WEALTH MANAGEMENT (6.19%), and BMO ASSET MANAGEMENT INC. (4.29%).
  • The shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of beneficial ownership by a major financial institution, indicating continued institutional interest in Granite Real Estate Investment Trust. It does not contain new operational or financial performance data.

Positives

  • Continued significant institutional ownership by a major financial institution like Bank of Montreal indicates ongoing investor confidence in Granite Real Estate Investment Trust.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Confirms significant institutional investor interest, potentially reassuring for existing shareholders regarding the stability of the investor base.

Key Dates

DateDescription
06/30/2025Date of event requiring the filing of this statement (reporting period end date).
08/06/2025Signature date of the Schedule 13G Amendment No. 4 filing.

Recommendation

hold

The Schedule 13G filing is a routine disclosure of beneficial ownership by Bank of Montreal and its affiliates, indicating a continued significant stake in Granite Real Estate Investment Trust. This type of filing does not provide new operational or financial performance data to warrant a change in investment thesis, but the sustained institutional holding suggests a stable outlook from a major investor.

Keywords

Granite REIT, Bank of Montreal, BMO, Real Estate Investment Trust, REIT, Common Stock, Beneficial Ownership, SEC Filing, Schedule 13G, Institutional Investor

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.