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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.61% |
| 2 | Technology | 11.96% |
| 3 | Healthcare | 8.49% |
| 4 | Industrials | 8.31% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Teradyne
TER
$64.2B
| $19.8M | 0.02% |
370,546
-268,766
| -42% | -$17.1M |
|
502
Brixmor Property Group
BRX
$9.21B
| $19.6M | 0.02% |
2,486,749
-158,847
| -6% | -$2.85M |
|
503
Analog Devices
ADI
$186B
| $19.6M | 0.02% |
223,739
-36,816
| -14% | -$4.02M |
|
504
Dollar Tree
DLTR
$24.9B
| $19.5M | 0.02% |
276,917
-64,626
| -19% | -$5.5M |
|
505
ARKO Corp
ARKO
$505M
| $19.5M | 0.02% |
+1,950,000
| New | +$19.6M |
|
506
Digital Realty Trust
DLR
$73.1B
| $19.4M | 0.02% |
143,709
-31,621
| -18% | -$4.02M |
|
507
American International
AIG
$39.8B
| $19.4M | 0.02% |
912,301
-307,489
| -25% | -$13.2M |
|
508
Vanguard Energy ETF
VDE
$10.4B
| $19.1M | 0.02% |
481,071
| – | – |
|
509
Realty Income
O
$59.6B
| $19M | 0.02% |
429,103
+2,446
| +0.6% | +$170K |
|
510
Stanley Black & Decker
SWK
$15.4B
| $18.9M | 0.02% |
197,431
-120,232
| -38% | -$17.2M |
|
511
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $18.8M | 0.02% |
241,870
-56,296
| -19% | -$5.55M |
|
512
PUT
Royal Bank of Canada
RY
$299B
| $18.8M | 0.02% |
+318,000
| New | +$23.6M |
|
513
McKesson
MCK
$99.9B
| $18.7M | 0.02% |
145,002
-84,660
| -37% | -$12.4M |
|
514
AvalonBay Communities
AVB
$26.3B
| $18.7M | 0.02% |
138,275
-49,240
| -26% | -$9.92M |
|
515
CALL
iShares China Large-Cap ETF
FXI
$4.16B
| $18.7M | 0.02% |
+500,000
| New | +$20.4M |
|
516
Steel Dynamics
STLD
$37.3B
| $18.6M | 0.02% |
872,376
-1,124,410
| -56% | -$30.8M |
|
517
Universal Health Services
UHS
$10.1B
| $18.5M | 0.02% |
208,483
-11,169
| -5% | -$1.41M |
|
518
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $18.5M | 0.02% |
1,226,316
+477,902
| +64% | +$11.3M |
|
519
Coca-Cola Europacific Partners
CCEP
$47.5B
| $18.4M | 0.02% |
492,976
+185,121
| +60% | +$9M |
|
520
Workday
WDAY
$51B
| $18.4M | 0.02% |
150,149
+18,221
| +14% | +$3.07M |
|
|
CHPM
521
DELISTED
CHP Merger Corp. Class A Common Stock
CHPM
| $18.1M | 0.02% |
+1,842,581
| New | +$18.1M |
|
522
Healthpeak Properties
DOC
$14.3B
| $18.1M | 0.02% |
887,051
-53,308
| -6% | -$1.74M |
|
523
WEX
WEX
$6.78B
| $18M | 0.02% |
188,959
-3,441
| -2% | -$642K |
|
524
Ares Capital
ARCC
$14.5B
| $18M | 0.02% |
1,862,603
+27,930
| +2% | +$471K |
|
525
J.M. Smucker
SJM
$12.9B
| $18M | 0.02% |
162,972
-36,812
| -18% | -$3.94M |
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $14.8B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.