Bank of Montreal’s TIM HORTONS INC COM, CANADA THI Stock Holding History

Bank of Montreal’s Portfolio THI Stock Details THI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-3,290,349	Closed	-$259M	–	4352
2014 Q3	$259M	Sell	3,290,349 -1,562,245	-32%	-$104M	0.29%	69
2014 Q2	$266M	Sell	4,852,594 -1,966,951	-29%	-$108M	0.3%	66
2014 Q1	$377M	Buy	6,819,545 +2,089,681	+44%	+$113M	0.49%	36
2013 Q4	$276M	Buy	4,729,864 +57,551	+1%	+$3.39M	0.38%	50
2013 Q3	$271M	Buy	4,672,313 +2,191,293	+88%	+$124M	0.42%	41
2013 Q2	$134M	Buy	+2,481,020	New	+$135M	0.24%	84

Other funds holding THI

Commerzbank Aktiengesellschaft Frankfurt, Germany $5B AUM 26.58% 1-Year Est. Return

ABTD

Arvest Bank Trust Division Dewey, Oklahoma $1.84B AUM 20.84% 1-Year Est. Return

Bank of Montreal's THI Position: Q4 2014 in Review

Bank of Montreal sold out of TIM HORTONS INC COM, CANADA (THI) in Q4 2014, closing a stake of 3,290,349 shares — an estimated $259M sold.

Bank of Montreal first reported a position in THI in Q2 2013 and held it in 6 quarters. The position peaked at $377M in Q1 2014. 2 funds tracked by Wall St. Rank hold THI as of Q4 2014.

Bank of Montreal reported no remaining TIM HORTONS INC COM, CANADA position as of Q4 2014 after selling out during the quarter.
Bank of Montreal sold 3,290,349 TIM HORTONS INC COM, CANADA shares in Q4 2014, an estimated $259M.
Bank of Montreal first reported a position in TIM HORTONS INC COM, CANADA in Q2 2013 and held it in 6 quarters.
Bank of Montreal's TIM HORTONS INC COM, CANADA position peaked at $377M in Q1 2014.
2 funds tracked by Wall St. Rank held TIM HORTONS INC COM, CANADA as of Q4 2014.

Based on Bank of Montreal's 13F filing for Q4 2014, filed 9 Feb 2015.