Preheat oven to oven to 350°F. Grease Bundt pan with nonstick cooking spray.
Melt butter and mix ranch seasoning packet into it.
Separate each can of biscuits and cut each biscuit into four pieces.
Coat half of the biscuit pieces in the butter mixture and place in the pan.
Sprinkle two cups of shredded cheese over the dough pieces.
Coat the remaining biscuit pieces with butter mixture and place on top of cheese layer.
Top with remaining cheese.
Bake for 30-35 minutes or until the top is a golden brown. Remove from the oven and allow to stand for 5 minutes before removing from the pan.
Run a knife around the edges of the pan to loosen the cheese and bread.
Place a plate on top of the pan and turn over to remove the monkey bread from the pan. Then invert onto a serving plate so the good looking side is facing up.