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 | |
|---|---|---|---|---|---|---|
|
ULTI
601
DELISTED
Ultimate Software Group Inc
ULTI
| $17.4M | 0.02% |
70,864
+41,920
| +145% | +$11.1M |
|
602
Kirby Corp
KEX
$7.29B
| $17.3M | 0.02% |
257,417
-7,070
| -3% | -$523K |
|
603
NXP Semiconductors
NXPI
$58.4B
| $17.2M | 0.02% |
234,292
+127,689
| +120% | +$10.1M |
|
|
PCI
604
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $17.1M | 0.02% |
814,003
+1,508
| +0.2% | +$34.1K |
|
605
Owens Corning
OC
$12.2B
| $17.1M | 0.02% |
389,381
-639,679
| -62% | -$31M |
|
606
Macy's
M
$6.23B
| $17.1M | 0.02% |
573,800
-121,290
| -17% | -$3.99M |
|
607
Analog Devices
ADI
$186B
| $17.1M | 0.02% |
198,954
-2,706
| -1% | -$234K |
|
608
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $16.9M | 0.02% |
478,669
-101,313
| -17% | -$3.73M |
|
609
Dolby
DLB
$5.81B
| $16.9M | 0.02% |
272,985
-12,141
| -4% | -$817K |
|
|
STL
610
DELISTED
Sterling Bancorp
STL
| $16.9M | 0.02% |
1,021,917
-8,010
| -0.8% | -$149K |
|
|
VER
611
DELISTED
VEREIT, Inc.
VER
| $16.9M | 0.02% |
471,872
-274,773
| -37% | -$10.2M |
|
612
iShares US Transportation ETF
IYT
$2.3B
| $16.8M | 0.02% |
408,284
+7,924
| +2% | +$366K |
|
613
FS KKR Capital
FSK
$3.44B
| $16.6M | 0.02% |
800,750
| – | – |
|
614
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $16.5M | 0.02% |
203,708
-179,150
| -47% | -$15M |
|
615
McCormick & Company Non-Voting
MKC
$14.7B
| $16.5M | 0.02% |
237,004
-79,058
| -25% | -$5.67M |
|
616
Global Payments
GPN
$24.5B
| $16.5M | 0.02% |
159,950
-14,337
| -8% | -$1.58M |
|
617
Sarepta Therapeutics
SRPT
$1.89B
| $16.5M | 0.02% |
151,135
+51,859
| +52% | +$6.49M |
|
618
Vodafone
VOD
$37.8B
| $16.5M | 0.02% |
854,036
-356,300
| -29% | -$7.12M |
|
619
Weyerhaeuser
WY
$17.7B
| $16.4M | 0.02% |
752,187
-315,442
| -30% | -$8.4M |
|
620
Deckers Outdoor
DECK
$12.8B
| $16.4M | 0.02% |
770,220
+32,082
| +4% | +$651K |
|
621
Fortive
FTV
$18.6B
| $16.3M | 0.02% |
381,316
-218,090
| -36% | -$10.2M |
|
|
MXIM
622
DELISTED
Maxim Integrated Products
MXIM
| $16.3M | 0.02% |
319,653
+19,594
| +7% | +$1.02M |
|
623
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.93B
| $16.1M | 0.02% |
390,599
-18,137
| -4% | -$825K |
|
624
Waters Corp
WAT
$40.4B
| $16.1M | 0.02% |
85,244
+1,010
| +1% | +$192K |
|
625
HighPeak Energy
HPK
$952M
| $15.9M | 0.02% |
1,614,600
| – | – |
|
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.