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 | |
|---|---|---|---|---|---|---|
576
Cencora
COR
$59.1B
| $18.9M | 0.02% |
253,648
-18,051
| -7% | -$1.56M |
|
577
Nucor
NUE
$61.5B
| $18.8M | 0.02% |
362,741
-84,192
| -19% | -$4.98M |
|
578
Cheer Holding
CHR
$3.43M
| $18.7M | 0.02% |
+1,293
| New | +$18.6M |
|
579
AGNC Investment
AGNC
$13B
| $18.6M | 0.02% |
1,062,449
+152,996
| +17% | +$2.73M |
|
580
Performance Food Group
PFGC
$16.7B
| $18.6M | 0.02% |
576,266
-53,096
| -8% | -$1.69M |
|
581
L3Harris
LHX
$54.3B
| $18.5M | 0.02% |
137,267
-21,178
| -13% | -$3.2M |
|
582
New Oriental
EDU
$8.3B
| $18.5M | 0.02% |
336,935
+72,787
| +28% | +$4.21M |
|
583
PUT
iShares China Large-Cap ETF
FXI
$4.17B
| $18.2M | 0.02% |
466,100
+225,000
| +93% | +$9.09M |
|
584
PUT
Nutrien
NTR
$32.5B
| $18.1M | 0.02% |
385,900
| – | – |
|
|
ALXN
585
DELISTED
Alexion Pharmaceuticals
ALXN
| $18.1M | 0.02% |
186,137
-70,659
| -28% | -$8.35M |
|
586
Arista Networks
ANET
$251B
| $18M | 0.02% |
1,368,624
+788,256
| +136% | +$11.3M |
|
587
Acuity Brands
AYI
$10.6B
| $17.9M | 0.02% |
155,682
-8,919
| -5% | -$1.1M |
|
588
Verisk Analytics
VRSK
$23.9B
| $17.9M | 0.02% |
164,106
-33,479
| -17% | -$3.91M |
|
589
PPG Industries
PPG
$25.4B
| $17.8M | 0.02% |
174,052
-65,267
| -27% | -$6.76M |
|
590
Cedar Fair
FUN
$1.69B
| $17.8M | 0.02% |
375,700
+291,800
| +348% | +$15.2M |
|
591
Stanley Black & Decker
SWK
$15.4B
| $17.8M | 0.02% |
148,245
-84,483
| -36% | -$10.5M |
|
592
Vanguard Morningstar Small-Cap ETF
VB
$83.5B
| $17.7M | 0.02% |
134,331
+1,327
| +1% | +$193K |
|
593
Prologis
PLD
$134B
| $17.7M | 0.02% |
301,794
-813,790
| -73% | -$52.7M |
|
594
Vanguard Morningstar Value ETF
VTV
$194B
| $17.7M | 0.02% |
180,716
+23,324
| +15% | +$2.45M |
|
595
Highwoods Properties
HIW
$3.51B
| $17.7M | 0.02% |
456,558
-39,998
| -8% | -$1.73M |
|
596
Jefferies Financial Group
JEF
$12.8B
| $17.4M | 0.02% |
1,122,766
-12,032
| -1% | -$220K |
|
597
Williams Companies
WMB
$90.3B
| $17.4M | 0.02% |
790,403
-575,311
| -42% | -$14.4M |
|
598
AvalonBay Communities
AVB
$26.4B
| $17.4M | 0.02% |
100,008
-53,889
| -35% | -$9.74M |
|
599
Charles River Laboratories
CRL
$13.3B
| $17.4M | 0.02% |
153,783
-67,572
| -31% | -$8.46M |
|
600
Fastenal
FAST
$58.4B
| $17.4M | 0.02% |
1,329,512
-648,616
| -33% | -$8.77M |
|
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.