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 |
Amazon
AMZN
|
+$856M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$781M |
| 3 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$367M |
| 4 |
Energy Transfer Partners
ET
|
+$311M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$968M |
| 2 |
Alibaba
BABA
|
+$290M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$276M |
| 4 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$222M |
| 5 |
Cigna
CI
|
+$217M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.75% |
| 2 | Technology | 9.54% |
| 3 | Communication Services | 9.07% |
| 4 | Energy | 8.23% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
DTE Energy
DTE
$29.2B
| $20.3M | 0.02% |
216,102
-138,661
| -39% | -$13.5M |
|
552
Ametek
AME
$59B
| $20.2M | 0.02% |
298,717
-137,281
| -31% | -$9.85M |
|
553
ICU Medical
ICUI
$4.56B
| $20.2M | 0.02% |
88,028
+39,740
| +82% | +$9.8M |
|
554
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.32B
| $20.1M | 0.02% |
199,024
+46,170
| +30% | +$4.82M |
|
555
Dentsply Sirona
XRAY
$2.35B
| $20M | 0.02% |
538,539
+150,143
| +39% | +$5.46M |
|
556
Encompass Health
EHC
$12.2B
| $20M | 0.02% |
407,881
-3,550
| -0.9% | -$202K |
|
557
Cardinal Health
CAH
$54B
| $19.9M | 0.02% |
446,580
+6,129
| +1% | +$319K |
|
558
LKQ Corp
LKQ
$6.42B
| $19.9M | 0.02% |
839,234
-82,175
| -9% | -$2.23M |
|
559
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $19.7M | 0.02% |
424,828
+112,016
| +36% | +$5.65M |
|
|
SHLX
560
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $19.7M | 0.02% |
1,200,675
-311,012
| -21% | -$6.15M |
|
|
CONE
561
DELISTED
CyrusOne Inc Common Stock
CONE
| $19.6M | 0.02% |
371,114
+58,553
| +19% | +$3.35M |
|
562
Martin Marietta Materials
MLM
$32.8B
| $19.6M | 0.02% |
114,097
-22,519
| -16% | -$4M |
|
563
Ryanair
RYAAY
$30.6B
| $19.4M | 0.02% |
681,353
-278,197
| -29% | -$8.87M |
|
564
Williams-Sonoma
WSM
$28.6B
| $19.4M | 0.02% |
768,538
+651,848
| +559% | +$18.6M |
|
565
Monro
MNRO
$352M
| $19.4M | 0.02% |
281,742
+10,100
| +4% | +$738K |
|
|
566
PUT
Alphabet (Google) Class A
GOOGL
$4.24T
| $19.3M | 0.02% |
370,000
-530,000
| -59% | -$28.6M |
|
567
CF Industries
CF
$18B
| $19.3M | 0.02% |
443,473
-165,606
| -27% | -$7.77M |
|
|
WP
568
DELISTED
Worldpay, Inc.
WP
| $19.3M | 0.02% |
252,332
+134,544
| +114% | +$11.7M |
|
569
VeriSign
VRSN
$25.7B
| $19.1M | 0.02% |
129,076
-52,827
| -29% | -$7.92M |
|
570
Sanofi
SNY
$104B
| $19.1M | 0.02% |
439,423
+397,720
| +954% | +$17.5M |
|
571
iShares Russell 1000 Value ETF
IWD
$84.4B
| $19M | 0.02% |
171,383
+1,865
| +1% | +$223K |
|
572
Carlyle Group
CG
$18B
| $19M | 0.02% |
1,207,100
+455,100
| +61% | +$8.63M |
|
|
FL
573
DELISTED
Foot Locker
FL
| $19M | 0.02% |
357,284
-137,328
| -28% | -$6.89M |
|
574
Okta
OKTA
$26.1B
| $19M | 0.02% |
297,381
+272,202
| +1,081% | +$16.1M |
|
|
RDS.A
575
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $19M | 0.02% |
325,585
-14,240
| -4% | -$883K |
|
Similar funds
Bank of Montreal's Q4 2018 Portfolio in Review
As of Q4 2018, Bank of Montreal held 5,067 positions worth $106B, down 17% from $128B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $3.74B in Q4 2018, closing 348 positions and reducing 1,705 holdings. Its most notable exit was Energy Transfer Partners, L.P., an estimated $222M 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 Communication Services.
Against the trend, Bank of Montreal opened a new position in Cheer Holding worth $18.7M.
- Bank of Montreal's largest Q4 2018 buy was Cheer Holding: 1,293 shares worth $18.7M.
- Bank of Montreal added most to Amazon in Q4 2018, an estimated $856M increase.
- Bank of Montreal's biggest Q4 2018 reduction was Tesla, cutting an estimated $968M.
- Bank of Montreal fully exited Energy Transfer Partners, L.P. in Q4 2018, selling an estimated $222M.
- Bank of Montreal's ten largest holdings make up 22% of its $106B portfolio in Q4 2018.
- Bank of Montreal opened 284 new positions and closed 348 in Q4 2018.
- Bank of Montreal's portfolio value fell 17% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q4 2018, filed 22 Jan 2019.