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 | |
|---|---|---|---|---|---|---|
1051
Loews
L
$23B
| $4.29M | ﹤0.01% |
129,253
-158,658
| -55% | -$7.48M |
|
|
POPE
1052
DELISTED
Pope Resources Depositary Receipts of Limited Partnership Units
POPE
| $4.28M | ﹤0.01% |
+49,500
| New | +$5.2M |
|
1053
CALL
Magna International
MGA
$18.7B
| $4.26M | ﹤0.01% |
144,000
+86,900
| +152% | +$4.01M |
|
|
TBI
1054
Trueblue
TBI
$309M
| $4.25M | ﹤0.01% |
325,666
+41,155
| +14% | +$737K |
|
1055
iShares S&P 500 Value ETF
IVE
$50.3B
| $4.23M | ﹤0.01% |
44,938
+4,831
| +12% | +$575K |
|
|
AOD
1056
abrdn Total Dynamic Dividend Fund
AOD
$1.13B
| $4.23M | ﹤0.01% |
665,000
| – | – |
|
1057
Repligen
RGEN
$9.45B
| $4.22M | ﹤0.01% |
43,499
-15,751
| -27% | -$1.52M |
|
1058
Trip.com Group
TCOM
$28.3B
| $4.21M | ﹤0.01% |
188,356
-114,097
| -38% | -$3.56M |
|
1059
First Commonwealth Financial
FCF
$2.19B
| $4.19M | ﹤0.01% |
479,737
+69,614
| +17% | +$862K |
|
1060
W.P. Carey
WPC
$16.3B
| $4.18M | ﹤0.01% |
78,346
+14,021
| +22% | +$1.06M |
|
1061
Medpace
MEDP
$16.2B
| $4.18M | ﹤0.01% |
58,178
-4,320
| -7% | -$375K |
|
1062
Okta
OKTA
$26.9B
| $4.18M | ﹤0.01% |
36,056
-21,902
| -38% | -$2.75M |
|
1063
iShares US Home Construction ETF
ITB
$2.37B
| $4.17M | ﹤0.01% |
158,236
+149,182
| +1,648% | +$6.39M |
|
|
AMED
1064
DELISTED
Amedisys
AMED
| $4.15M | ﹤0.01% |
23,215
-10,777
| -32% | -$1.92M |
|
1065
iShares US Healthcare ETF
IYH
$3.77B
| $4.15M | ﹤0.01% |
111,930
-823,265
| -88% | -$33.9M |
|
|
FBC
1066
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $4.14M | ﹤0.01% |
227,110
+138,942
| +158% | +$4.49M |
|
1067
CALL
iShares US Real Estate ETF
IYR
$4.58B
| $4.14M | ﹤0.01% |
+63,400
| New | +$5.61M |
|
1068
Madison Square Garden
MSGS
$9.94B
| $4.13M | ﹤0.01% |
28,044
-38,977
| -58% | -$7.56M |
|
|
UMPQ
1069
DELISTED
Umpqua Holdings Corp
UMPQ
| $4.1M | ﹤0.01% |
386,280
+342,060
| +774% | +$5.32M |
|
1070
Insulet
PODD
$10.2B
| $4.09M | ﹤0.01% |
24,487
+19,721
| +414% | +$3.6M |
|
1071
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.12B
| $4.08M | ﹤0.01% |
159,209
-9,959
| -6% | -$285K |
|
1072
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $4.08M | ﹤0.01% |
30,643
+5,088
| +20% | +$656K |
|
1073
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $4.08M | ﹤0.01% |
121,250
-1,483,100
| -92% | -$98.2M |
|
|
ABB
1074
DELISTED
ABB Ltd
ABB
| $4.06M | ﹤0.01% |
240,707
-37,746
| -14% | -$824K |
|
1075
Vipshop
VIPS
$6.8B
| $4.06M | ﹤0.01% |
269,817
-732,815
| -73% | -$10.4M |
|
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.