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 | 26.34% |
| 2 | Energy | 11.38% |
| 3 | Industrials | 8.03% |
| 4 | Communication Services | 7.98% |
| 5 | Technology | 7.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Toyota
TM
$223B
| $5.22M | ﹤0.01% |
48,026
-1,469
| -3% | -$169K |
|
|
EVV
1052
Eaton Vance Limited Duration Income Fund
EVV
$1.08B
| $5.22M | ﹤0.01% |
377,200
| – | – |
|
1053
Middleby
MIDD
$5.29B
| $5.21M | ﹤0.01% |
38,215
+19,899
| +109% | +$2.71M |
|
|
RDS.B
1054
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $5.21M | ﹤0.01% |
93,239
+10,677
| +13% | +$606K |
|
|
BBBY
1055
DELISTED
Bed Bath & Beyond Inc
BBBY
| $5.19M | ﹤0.01% |
131,526
-5,337
| -4% | -$214K |
|
|
SAND
1056
DELISTED
Sandstorm Gold
SAND
| $5.19M | ﹤0.01% |
1,214,615
+65,206
| +6% | +$287K |
|
|
TGNA
1057
DELISTED
TEGNA Inc
TGNA
| $5.17M | ﹤0.01% |
315,258
-8,289
| -3% | -$127K |
|
|
FIG
1058
DELISTED
Fortress Investment Group Llc
FIG
| $5.17M | ﹤0.01% |
+650,000
| New | +$4.39M |
|
1059
iShares US Basic Materials ETF
IYM
$1.01B
| $5.15M | ﹤0.01% |
57,787
+33,283
| +136% | +$2.92M |
|
1060
Nasdaq
NDAQ
$54.6B
| $5.14M | ﹤0.01% |
222,093
-6,159
| -3% | -$143K |
|
|
PDCE
1061
DELISTED
PDC Energy, Inc.
PDCE
| $5.14M | ﹤0.01% |
82,450
+6,671
| +9% | +$469K |
|
1062
New Mountain Finance
NMFC
$728M
| $5.13M | ﹤0.01% |
344,000
| – | – |
|
1063
ACI Worldwide
ACIW
$5.33B
| $5.09M | ﹤0.01% |
238,234
| – | – |
|
|
AKS
1064
DELISTED
AK Steel Holding Corp
AKS
| $5.09M | ﹤0.01% |
708,740
-771,544
| -52% | -$6.61M |
|
|
CIT
1065
PUT
DELISTED
CIT Group Inc.
CIT
| $5.08M | ﹤0.01% |
118,400
+45,100
| +62% | +$1.91M |
|
|
PE
1066
DELISTED
PARSLEY ENERGY INC
PE
| $5.06M | ﹤0.01% |
155,539
+77,602
| +100% | +$2.57M |
|
1067
Alamos Gold
AGI
$13.8B
| $5.05M | ﹤0.01% |
628,873
+212,537
| +51% | +$1.69M |
|
1068
Box
BOX
$4.48B
| $5.04M | ﹤0.01% |
309,286
+4,507
| +1% | +$76.2K |
|
1069
iShares MSCI Sweden ETF
EWD
$585M
| $5.03M | ﹤0.01% |
159,418
-12,114
| -7% | -$369K |
|
1070
Expeditors International
EXPD
$24B
| $4.99M | ﹤0.01% |
88,294
+2,328
| +3% | +$128K |
|
1071
Hubbell
HUBB
$26.8B
| $4.98M | ﹤0.01% |
41,480
+40,064
| +2,829% | +$4.81M |
|
|
ATHN
1072
DELISTED
Athenahealth, Inc.
ATHN
| $4.98M | ﹤0.01% |
44,156
+19,953
| +82% | +$2.33M |
|
|
ELME
1073
Elme Communities
ELME
$144M
| $4.97M | ﹤0.01% |
159,010
-11,956
| -7% | -$381K |
|
|
NFX
1074
DELISTED
Newfield Exploration
NFX
| $4.97M | ﹤0.01% |
134,751
-14,082
| -9% | -$548K |
|
|
AAT
1075
American Assets Trust
AAT
$1.39B
| $4.94M | ﹤0.01% |
118,146
-10,910
| -8% | -$467K |
|
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, down 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.