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 | 26.37% |
| 2 | Energy | 12.01% |
| 3 | Industrials | 8.11% |
| 4 | Communication Services | 7.96% |
| 5 | Technology | 7.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $5.97M | 0.01% |
160,352
-57,968
| -27% | -$2.1M |
|
1002
PUT
Republic Services
RSG
$65.6B
| $5.96M | 0.01% |
+107,500
| New | +$5.76M |
|
1003
East-West Bancorp
EWBC
$18.5B
| $5.96M | 0.01% |
124,486
-107,934
| -46% | -$4.8M |
|
|
NGD
1004
DELISTED
New Gold Inc
NGD
| $5.96M | 0.01% |
1,664,615
+580,548
| +54% | +$2.2M |
|
1005
CALL
Teck Resources
TECK
$31.3B
| $5.93M | 0.01% |
234,000
-3,165,300
| -93% | -$68.5M |
|
1006
Omeros
OMER
$1.26B
| $5.92M | 0.01% |
481,582
-1,533,666
| -76% | -$15.6M |
|
1007
Hexcel
HXL
$7.74B
| $5.92M | 0.01% |
114,352
-51,970
| -31% | -$2.5M |
|
1008
Lennar Class A
LEN
$21.1B
| $5.92M | 0.01% |
146,105
+6,656
| +5% | +$269K |
|
1009
CALL
Kinder Morgan
KMI
$71.4B
| $5.91M | 0.01% |
266,000
-5
| -0% | -$106 |
|
|
PNNT
1010
Pennant Park Investment Corp
PNNT
$249M
| $5.9M | 0.01% |
793,516
+1
| +0% | +$8 |
|
1011
Domino's
DPZ
$11.7B
| $5.88M | 0.01% |
34,983
+8,105
| +30% | +$1.32M |
|
1012
Toyota
TM
$223B
| $5.87M | 0.01% |
49,495
-232
| -0.5% | -$27K |
|
|
VR
1013
DELISTED
Validus Hold Ltd
VR
| $5.85M | 0.01% |
107,737
-85,668
| -44% | -$4.53M |
|
1014
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.88B
| $5.83M | 0.01% |
216,902
-15,502
| -7% | -$424K |
|
|
CVG
1015
DELISTED
Convergys
CVG
| $5.81M | 0.01% |
224,591
-9,181
| -4% | -$247K |
|
1016
SM Energy
SM
$7.71B
| $5.81M | 0.01% |
145,729
+87,428
| +150% | +$3.16M |
|
|
FPF
1017
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.08B
| $5.8M | 0.01% |
271,333
+50,000
| +23% | +$1.11M |
|
|
ENLC
1018
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $5.8M | 0.01% |
316,774
+23,061
| +8% | +$395K |
|
|
CHK
1019
DELISTED
Chesapeake Energy Corporation
CHK
| $5.75M | 0.01% |
4,108
-15,657
| -79% | -$20.5M |
|
1020
Texas Capital Bancshares
TCBI
$4.38B
| $5.75M | 0.01% |
79,004
+14,621
| +23% | +$986K |
|
1021
Cemex
CX
$16B
| $5.75M | 0.01% |
765,004
+420,302
| +122% | +$3.34M |
|
1022
Kaiser Aluminum
KALU
$2.99B
| $5.74M | 0.01% |
69,621
+21,049
| +43% | +$1.68M |
|
|
PRMW
1023
DELISTED
Primo Water Corporation
PRMW
| $5.69M | 0.01% |
501,461
+141,331
| +39% | +$1.75M |
|
1024
Masco
MAS
$14.7B
| $5.64M | 0.01% |
178,216
+24,212
| +16% | +$777K |
|
|
PDCE
1025
DELISTED
PDC Energy, Inc.
PDCE
| $5.64M | 0.01% |
75,779
+30,760
| +68% | +$2.12M |
|
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.