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 | |
|---|---|---|---|---|---|---|
551
GFL Environmental
GFL
$15B
| $16.5M | 0.02% |
+1,253,665
| New | +$19.7M |
|
552
CALL
Rogers Communications
RCI
$19.7B
| $16.4M | 0.02% |
396,400
-275,300
| -41% | -$12.9M |
|
553
Autodesk
ADSK
$54.5B
| $16.3M | 0.02% |
119,045
-59,892
| -33% | -$11M |
|
554
DaVita
DVA
$11.4B
| $16.2M | 0.02% |
230,684
+103,581
| +81% | +$8.14M |
|
555
Zions Bancorporation
ZION
$10.5B
| $16.2M | 0.02% |
638,488
-338,324
| -35% | -$13.9M |
|
556
iShares Short Maturity Bond ETF
NEAR
$4.88B
| $16.1M | 0.02% |
331,040
+192,155
| +138% | +$9.57M |
|
|
HES
557
DELISTED
Hess
HES
| $15.8M | 0.02% |
448,873
-100,482
| -18% | -$5.44M |
|
558
Viavi Solutions
VIAV
$10.6B
| $15.7M | 0.02% |
1,481,014
-107,698
| -7% | -$1.47M |
|
559
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $15.7M | 0.02% |
518,371
+311,328
| +150% | +$11.8M |
|
560
Vanguard Total International Bond ETF
BNDX
$83B
| $15.7M | 0.02% |
279,204
+25,703
| +10% | +$1.47M |
|
561
KBR
KBR
$4.81B
| $15.6M | 0.02% |
785,043
+127,655
| +19% | +$3.3M |
|
562
PUT
Microsoft
MSFT
$3.69T
| $15.5M | 0.02% |
100,000
-195,400
| -66% | -$32.1M |
|
563
Equity Residential
EQR
$24.7B
| $15.5M | 0.02% |
284,436
-188,210
| -40% | -$14.5M |
|
564
Vanguard Morningstar Growth ETF
VUG
$231B
| $15.5M | 0.02% |
609,510
+303,846
| +99% | +$9.1M |
|
565
Graphic Packaging
GPK
$3.51B
| $15.5M | 0.02% |
1,266,731
-53,168
| -4% | -$783K |
|
566
Genpact
G
$5.78B
| $15.4M | 0.02% |
570,239
-173,349
| -23% | -$6.78M |
|
|
AUY
567
DELISTED
Yamana Gold, Inc.
AUY
| $15.4M | 0.02% |
5,062,592
-169,048
| -3% | -$637K |
|
568
Oneok
OKE
$58.4B
| $15.3M | 0.02% |
705,093
+94,367
| +15% | +$5.75M |
|
569
iShares MSCI USA Quality Factor ETF
QUAL
$48.4B
| $15.2M | 0.02% |
190,743
+3,918
| +2% | +$374K |
|
570
Skyworks Solutions
SWKS
$10.5B
| $15.2M | 0.02% |
181,791
+26,741
| +17% | +$2.85M |
|
571
Eastman Chemical
EMN
$8.43B
| $15.1M | 0.02% |
333,779
-20,630
| -6% | -$1.32M |
|
572
AGNC Investment
AGNC
$13B
| $15M | 0.02% |
1,531,550
-173,384
| -10% | -$2.89M |
|
|
TLMD
573
DELISTED
SOC Telemed, Inc. Class A Common Stock
TLMD
| $15M | 0.02% |
+1,523,171
| New | +$15M |
|
574
Q2 Holdings
QTWO
$4.13B
| $14.9M | 0.02% |
266,261
-6,050
| -2% | -$469K |
|
575
NVR
NVR
$17B
| $14.9M | 0.02% |
6,271
-1,710
| -21% | -$6.13M |
|
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.