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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.61% |
| 2 | Technology | 11.96% |
| 3 | Healthcare | 8.49% |
| 4 | Industrials | 8.31% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Ulta Beauty
ULTA
$22.2B
| $4.77M | 0.01% |
29,547
-10,302
| -26% | -$2.57M |
|
|
BFI
1002
DELISTED
BurgerFi International, Inc. Common Stock
BFI
| $4.76M | 0.01% |
+450,000
| New | +$4.74M |
|
1003
First Horizon
FHN
$12.3B
| $4.75M | 0.01% |
616,967
-25,371
| -4% | -$352K |
|
1004
Wintrust Financial
WTFC
$11B
| $4.74M | 0.01% |
149,394
+14,844
| +11% | +$824K |
|
1005
Andersons Inc
ANDE
$2.21B
| $4.74M | 0.01% |
279,930
-14,460
| -5% | -$306K |
|
|
DNKN
1006
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $4.72M | 0.01% |
97,292
+57,857
| +147% | +$4.01M |
|
1007
Toyota
TM
$223B
| $4.72M | 0.01% |
40,069
-33,657
| -46% | -$4.49M |
|
1008
Axalta
AXTA
$7.93B
| $4.72M | 0.01% |
288,084
+2,855
| +1% | +$73K |
|
1009
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $4.71M | 0.01% |
53,824
+1,746
| +3% | +$170K |
|
1010
Coeur Mining
CDE
$19B
| $4.71M | 0.01% |
1,505,068
+244,185
| +19% | +$1.27M |
|
1011
iShares Biotechnology ETF
IBB
$9.77B
| $4.7M | 0.01% |
43,681
+1,728
| +4% | +$199K |
|
|
ADN
1012
DELISTED
Advent Technologies
ADN
| $4.68M | 0.01% |
15,365
+2,032
| +15% | +$619K |
|
|
ATH
1013
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $4.64M | 0.01% |
208,506
+33,741
| +19% | +$1.34M |
|
|
FL
1014
DELISTED
Foot Locker
FL
| $4.64M | 0.01% |
232,404
-145,619
| -39% | -$4.95M |
|
1015
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.38B
| $4.63M | 0.01% |
92,781
+28,216
| +44% | +$1.43M |
|
1016
Generac Holdings
GNRC
$12.8B
| $4.63M | 0.01% |
53,532
-11,175
| -17% | -$1.15M |
|
1017
iShares Russell 1000 ETF
IWB
$50.5B
| $4.59M | 0.01% |
33,271
+32,570
| +4,646% | +$5.51M |
|
1018
Under Armour
UAA
$2.3B
| $4.59M | 0.01% |
589,813
+184,048
| +45% | +$2.96M |
|
1019
MongoDB
MDB
$38B
| $4.59M | 0.01% |
36,666
+15,237
| +71% | +$2.25M |
|
1020
Genuine Parts
GPC
$18.7B
| $4.58M | 0.01% |
74,520
-140,265
| -65% | -$12.5M |
|
1021
Iron Mountain
IRM
$37.7B
| $4.55M | 0.01% |
211,482
-93,957
| -31% | -$2.84M |
|
1022
Oaktree Specialty Lending
OCSL
$1.15B
| $4.54M | 0.01% |
486,667
-146,000
| -23% | -$2.13M |
|
|
NS
1023
DELISTED
NuStar Energy L.P.
NS
| $4.52M | 0.01% |
499,013
+228,579
| +85% | +$4.97M |
|
1024
Cogent Communications
CCOI
$530M
| $4.51M | 0.01% |
53,887
-19,373
| -26% | -$1.46M |
|
1025
Bio-Rad Laboratories Class A
BIO
$9.66B
| $4.48M | 0.01% |
12,428
-8,561
| -41% | -$3.15M |
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $14.8B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M 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 Healthcare.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.