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 |
Fortis
FTS
|
+$601M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$424M |
| 3 |
Mondelez International
MDLZ
|
+$228M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Apple
AAPL
|
+$158M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$240M |
| 2 |
Virtus Investment Partners
VRTS
|
+$189M |
| 3 |
Travelers Companies
TRV
|
+$150M |
| 4 |
NVIDIA
NVDA
|
+$113M |
| 5 |
Dover
DOV
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.21% |
| 2 | Energy | 11.71% |
| 3 | Industrials | 8.09% |
| 4 | Communication Services | 7.85% |
| 5 | Technology | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Vanguard FTSE Europe ETF
VGK
$31.1B
| $11.4M | 0.01% |
248,970
+55,935
| +29% | +$2.63M |
|
752
BHP
BHP
$222B
| $11.4M | 0.01% |
340,802
+31,463
| +10% | +$1.02M |
|
753
iShares National Muni Bond ETF
MUB
$45.9B
| $11.3M | 0.01% |
106,220
+26,355
| +33% | +$2.89M |
|
754
Verisk Analytics
VRSK
$24.2B
| $11.3M | 0.01% |
136,262
-42,024
| -24% | -$3.44M |
|
755
SLM Corp
SLM
$5.22B
| $11.3M | 0.01% |
1,123,099
+45,240
| +4% | +$406K |
|
756
iShares Russell Mid-Cap Growth ETF
IWP
$21.1B
| $11.3M | 0.01% |
231,518
+22,032
| +11% | +$1.06M |
|
|
AHL
757
DELISTED
ASPEN Insurance Holding Limited
AHL
| $11.2M | 0.01% |
220,016
+68,410
| +45% | +$3.49M |
|
758
Vanguard Morningstar Large-Cap ETF
VV
$54.9B
| $11.2M | 0.01% |
110,444
-1,229
| -1% | -$123K |
|
759
iShares Russell 2000 Value ETF
IWN
$14.7B
| $11.1M | 0.01% |
96,868
-3,341
| -3% | -$369K |
|
760
Palo Alto Networks
PANW
$323B
| $11.1M | 0.01% |
495,924
+84,288
| +20% | +$2.02M |
|
|
EXPR
761
DELISTED
Express, Inc.
EXPR
| $11.1M | 0.01% |
41,513
-4,829
| -10% | -$1.19M |
|
|
KLDX
762
CALL
DELISTED
KLONDEX MINES LTD
KLDX
| $11.1M | 0.01% |
2,294,512
+354,500
| +18% | +$1.76M |
|
763
Hartford Financial Services
HIG
$37.8B
| $11.1M | 0.01% |
235,051
+68,357
| +41% | +$3.13M |
|
764
PUT
Restaurant Brands International
QSR
$26.7B
| $11.1M | 0.01% |
+233,000
| New | +$10.7M |
|
765
Itaú Unibanco
ITUB
$80.9B
| $11.1M | 0.01% |
2,207,416
+46,389
| +2% | +$238K |
|
766
PUT
Chevron
CVX
$388B
| $11.1M | 0.01% |
99,200
| – | – |
|
767
Sociedad Química y Minera de Chile
SQM
$20.6B
| $11M | 0.01% |
386,059
-216,440
| -36% | -$6.15M |
|
768
Expedia Group
EXPE
$39.4B
| $11M | 0.01% |
88,933
-253,351
| -74% | -$30.9M |
|
769
iShares Russell Mid-Cap ETF
IWR
$58.3B
| $11M | 0.01% |
246,740
+16,696
| +7% | +$730K |
|
770
AvalonBay Communities
AVB
$26.3B
| $11M | 0.01% |
66,604
-33,085
| -33% | -$5.58M |
|
771
Healthpeak Properties
DOC
$14.3B
| $10.9M | 0.01% |
369,676
-179,084
| -33% | -$5.46M |
|
|
CVA
772
DELISTED
Covanta Holding Corporation
CVA
| $10.8M | 0.01% |
740,483
+16,516
| +2% | +$246K |
|
773
Bath & Body Works
BBWI
$3.76B
| $10.8M | 0.01% |
190,317
+5,369
| +3% | +$305K |
|
774
CALL
BCE
BCE
$21.7B
| $10.8M | 0.01% |
+250,000
| New | +$11M |
|
775
J.M. Smucker
SJM
$12.9B
| $10.7M | 0.01% |
85,312
-31,583
| -27% | -$4.09M |
|
Similar funds
Bank of Montreal's Q4 2016 Portfolio in Review
As of Q4 2016, Bank of Montreal held 4,383 positions worth $95.1B, up 3.8% from $91.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal's Q4 2016 filing shows 329 new, 1,589 increased, 1,362 reduced and 279 closed positions. Its largest new stake was Fortis: 19,376,017 shares worth $577M. The largest sale was JPMorgan Chase, an estimated $240M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 25% a quarter earlier, followed by Energy and Industrials.
- Bank of Montreal's largest Q4 2016 buy was Fortis: 19,376,017 shares worth $577M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2016, an estimated $424M increase.
- Bank of Montreal's biggest Q4 2016 reduction was JPMorgan Chase, cutting an estimated $240M.
- Bank of Montreal fully exited SolarCity Corporation in Q4 2016, selling an estimated $55.2M.
- Bank of Montreal's ten largest holdings make up 23% of its $95.1B portfolio in Q4 2016.
- Bank of Montreal opened 329 new positions and closed 279 in Q4 2016.
- Bank of Montreal's portfolio value rose 3.8% quarter-over-quarter to $95.1B.
Based on Bank of Montreal's 13F filing for Q4 2016, filed 6 Feb 2017.