Bank of Montreal Portfolio holdings
Bank of Montreal (BMO), established in 1817 as Canada’s first chartered bank and headquartered in Montreal, Quebec (with key operations in Toronto), is a major North American financial institution offering personal and commercial banking, wealth management, and capital markets services. Managing hundreds of billions in assets, BMO serves over 13 million customers, with a strong U.S. presence through BMO Harris Bank, bolstered by its 1984 acquisition of Harris Bank and the 2022 purchase of Bank of the West, expanding its footprint to 32 states. Known for its longevity and stability, BMO has paid dividends since 1829, one of the longest streaks globally, and emphasizes digital innovation and sustainable finance under CEO Darryl White. With a global reach spanning North America, Europe, and Asia, BMO blends its historical roots with a modern focus on customer-centric growth.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.57% |
| 2 | Technology | 10.16% |
| 3 | Energy | 9.49% |
| 4 | Industrials | 8.49% |
| 5 | Communication Services | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2701
Tenet Healthcare
THC
$21.6B
| $291K | ﹤0.01% |
13,195
+370
| +3% | +$7.88K |
|
2702
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $290K | ﹤0.01% |
4,445
| – | – |
|
2703
Rush Enterprises Class A
RUSHA
$9.6B
| $290K | ﹤0.01% |
16,913
-178,466
| -91% | -$2.97M |
|
2704
Extreme Networks
EXTR
$3.2B
| $289K | ﹤0.01% |
39,684
+12,382
| +45% | +$89.6K |
|
2705
iShares US Pharmaceuticals ETF
IHE
$1.64B
| $289K | ﹤0.01% |
6,210
| – | – |
|
2706
Asbury Automotive
ABG
$3.78B
| $288K | ﹤0.01% |
2,814
+181
| +7% | +$16.7K |
|
2707
ESCO Technologies
ESE
$7.92B
| $288K | ﹤0.01% |
3,632
-80
| -2% | -$6.36K |
|
2708
Boyd Gaming
BYD
$6.11B
| $287K | ﹤0.01% |
11,982
-56,825
| -83% | -$1.44M |
|
|
INN
2709
Summit Hotel Properties
INN
$651M
| $287K | ﹤0.01% |
24,770
+389
| +2% | +$4.45K |
|
|
NVRO
2710
DELISTED
NEVRO CORP.
NVRO
| $287K | ﹤0.01% |
3,337
-1,846
| -36% | -$140K |
|
|
HCR
2711
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $287K | ﹤0.01% |
165,100
-87,100
| -35% | -$167K |
|
|
HCR
2712
PUT
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $287K | ﹤0.01% |
165,100
-87,100
| -35% | -$167K |
|
|
IDEX
2713
PUT
DELISTED
Ideanomics, Inc. Common Stock
IDEX
| $285K | ﹤0.01% |
1,515
+1,163
| +330% | +$264K |
|
|
CIM
2714
Chimera Investment
CIM
$988M
| $284K | ﹤0.01% |
4,831
+2,222
| +85% | +$129K |
|
2715
Flex
FLEX
$46.6B
| $284K | ﹤0.01% |
36,146
+8,969
| +33% | +$68.9K |
|
|
ISD
2716
PGIM High Yield Bond Fund
ISD
$414M
| $284K | ﹤0.01% |
19,000
| – | – |
|
2717
Choice Hotels
CHH
$4.7B
| $283K | ﹤0.01% |
3,174
+415
| +15% | +$37K |
|
2718
PUT
Chegg
CHGG
$87.5M
| $282K | ﹤0.01% |
9,400
| – | – |
|
2719
Lazard
LAZ
$4.35B
| $282K | ﹤0.01% |
8,050
-13,635
| -63% | -$483K |
|
2720
NETGEAR
NTGR
$656M
| $282K | ﹤0.01% |
8,750
+114
| +1% | +$3.58K |
|
2721
Cheesecake Factory
CAKE
$5.64B
| $281K | ﹤0.01% |
6,763
-682
| -9% | -$28.1K |
|
|
CBLK
2722
DELISTED
Carbon Black, Inc. Common Stock
CBLK
| $277K | ﹤0.01% |
10,632
-3,153
| -23% | -$69.6K |
|
2723
Aaon
AAON
$7.24B
| $276K | ﹤0.01% |
9,038
+215
| +2% | +$6.94K |
|
2724
iShares ESG Optimized MSCI USA ETF
SUSA
$4.19B
| $276K | ﹤0.01% |
4,466
-13,444
| -75% | -$823K |
|
|
ROIC
2725
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $276K | ﹤0.01% |
15,158
+130
| +0.9% | +$2.33K |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.