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 |
Enbridge
ENB
|
+$695M |
| 2 |
Toronto Dominion Bank
TD
|
+$443M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$285M |
| 4 |
Manulife Financial
MFC
|
+$268M |
| 5 |
Microsoft
MSFT
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$463M |
| 2 |
TotalEnergies
TTE
|
+$177M |
| 3 |
Verizon
VZ
|
+$166M |
| 4 |
Intel
INTC
|
+$135M |
| 5 |
Wells Fargo
WFC
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.24% |
| 2 | Energy | 11.23% |
| 3 | Industrials | 8.02% |
| 4 | Communication Services | 7.91% |
| 5 | Technology | 7.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
Graco
GGG
$13.4B
| $6.4M | 0.01% |
204,015
+11,583
| +6% | +$349K |
|
977
News Corp Class A
NWSA
$15.5B
| $6.4M | 0.01% |
492,576
+35,359
| +8% | +$443K |
|
978
Curtiss-Wright
CW
$25.4B
| $6.37M | 0.01% |
69,820
+632
| +0.9% | +$61K |
|
979
RH
RH
$3.41B
| $6.36M | 0.01% |
137,476
-69,007
| -33% | -$2.13M |
|
|
980
PUT
RH
RH
$3.41B
| $6.35M | 0.01% |
137,200
-29,500
| -18% | -$912K |
|
981
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.77B
| $6.33M | 0.01% |
141,015
+20,048
| +17% | +$859K |
|
982
Textron
TXT
$15.3B
| $6.32M | 0.01% |
132,775
+644
| +0.5% | +$31.1K |
|
983
APA Corp
APA
$14B
| $6.3M | 0.01% |
122,647
+28,703
| +31% | +$1.61M |
|
|
AGN.PRA
984
DELISTED
Allergan plc
AGN.PRA
| – | – |
0
| – | – |
|
|
SWC
985
DELISTED
Stillwater Mining Co
SWC
| $6.25M | 0.01% |
362,041
+348,287
| +2,532% | +$5.95M |
|
|
RSPP
986
DELISTED
RSP Permian, Inc.
RSPP
| $6.24M | 0.01% |
150,694
+16,547
| +12% | +$687K |
|
987
iShares MSCI Emerging Markets Asia ETF
EEMA
$871M
| $6.21M | 0.01% |
103,568
+5,267
| +5% | +$302K |
|
|
DCUD
988
DELISTED
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
| – | – |
0
| – | – |
|
989
Devon Energy
DVN
$48.8B
| $6.2M | 0.01% |
148,683
+4,533
| +3% | +$199K |
|
990
Cheniere Energy
CQP
$33.3B
| $6.19M | 0.01% |
191,522
+422
| +0.2% | +$13K |
|
|
XEC
991
DELISTED
CIMAREX ENERGY CO
XEC
| $6.18M | 0.01% |
51,721
-299
| -0.6% | -$38.8K |
|
992
Rush Enterprises Class A
RUSHA
$9.41B
| $6.13M | 0.01% |
417,191
+25,142
| +6% | +$372K |
|
993
Alexandria Real Estate Equities
ARE
$8.27B
| $6.09M | 0.01% |
55,082
-62,033
| -53% | -$7.01M |
|
|
VEDL
994
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $6.08M | 0.01% |
354,029
-201,838
| -36% | -$3.05M |
|
|
SSRI
995
DELISTED
Silver Standard Resources
SSRI
| $6.07M | 0.01% |
571,590
+19,840
| +4% | +$210K |
|
996
Sanmina
SANM
$11.2B
| $6.06M | 0.01% |
149,292
-7,331
| -5% | -$284K |
|
997
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $6.04M | 0.01% |
137,352
-310,970
| -69% | -$13.3M |
|
998
Robert Half
RHI
$4.25B
| $6.04M | 0.01% |
123,672
+65,665
| +113% | +$3.17M |
|
999
Qorvo
QRVO
$8.67B
| $6.03M | 0.01% |
88,007
+1,895
| +2% | +$122K |
|
1000
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $6.03M | 0.01% |
92,692
+9,423
| +11% | +$609K |
|
Similar funds
Bank of Montreal's Q1 2017 Portfolio in Review
As of Q1 2017, Bank of Montreal held 4,409 positions worth $106B, up 11% from $95.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal deployed $3.71B of net new capital in Q1 2017, opening 309 new positions and adding to 1,512 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 26% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $463M trimmed.
- Bank of Montreal's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
- Bank of Montreal added most to Enbridge in Q1 2017, an estimated $695M increase.
- Bank of Montreal's biggest Q1 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $463M.
- Bank of Montreal fully exited NextEra Energy in Q1 2017, selling an estimated $55.5M.
- Bank of Montreal's ten largest holdings make up 24% of its $106B portfolio in Q1 2017.
- Bank of Montreal opened 309 new positions and closed 396 in Q1 2017.
- Bank of Montreal's portfolio value rose 11% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q1 2017, filed 11 Apr 2017.