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 |
Apple
AAPL
|
+$719M |
| 2 |
Scotiabank
BNS
|
+$505M |
| 3 |
Boeing
BA
|
+$442M |
| 4 |
Enbridge
ENB
|
+$337M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$318M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$585M |
| 2 |
Canadian National Railway
CNI
|
+$437M |
| 3 |
NVIDIA
NVDA
|
+$376M |
| 4 |
Advanced Micro Devices
AMD
|
+$367M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$306M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.93% |
| 2 | Technology | 15.97% |
| 3 | Communication Services | 8.03% |
| 4 | Industrials | 7.62% |
| 5 | Consumer Discretionary | 7.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Kemper
KMPR
$1.6B
| $13.4M | 0.01% |
195,493
+44,779
| +30% | +$3.04M |
|
1102
OceanFirst Financial
OCFC
$1.9B
| $13.3M | 0.01% |
+619,305
| New | +$12.7M |
|
|
INN
1103
Summit Hotel Properties
INN
$665M
| $13.2M | 0.01% |
1,332,111
+540,909
| +68% | +$4.95M |
|
|
EGRX
1104
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $13.2M | 0.01% |
239,933
+94,749
| +65% | +$4.66M |
|
1105
Hyatt Hotels
H
$17.2B
| $13.2M | 0.01% |
+167,450
| New | +$12.6M |
|
1106
Fair Isaac
FICO
$23.4B
| $13.2M | 0.01% |
32,780
+6,954
| +27% | +$3.31M |
|
|
COWN
1107
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $13.2M | 0.01% |
380,213
-15,931
| -4% | -$598K |
|
1108
Emergent Biosolutions
EBS
$233M
| $13.1M | 0.01% |
249,818
+22,172
| +10% | +$1.34M |
|
1109
Packaging Corp of America
PKG
$22.7B
| $13.1M | 0.01% |
91,702
-4,627
| -5% | -$660K |
|
1110
Guardant Health
GH
$21.1B
| $13M | 0.01% |
107,270
-9,282
| -8% | -$1.1M |
|
|
ZNGA
1111
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $13M | 0.01% |
1,709,794
-715,229
| -29% | -$6.5M |
|
|
COUP
1112
PUT
DELISTED
Coupa Software Incorporated
COUP
| $13M | 0.01% |
60,000
| – | – |
|
1113
Commercial Metals
CMC
$8.02B
| $13M | 0.01% |
405,145
-19,030
| -4% | -$606K |
|
1114
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.14B
| $12.9M | 0.01% |
252,686
+37,024
| +17% | +$1.9M |
|
|
ARCH
1115
DELISTED
Arch Resources, Inc.
ARCH
| $12.9M | 0.01% |
147,885
-186,522
| -56% | -$13.1M |
|
|
CDK
1116
DELISTED
CDK Global, Inc.
CDK
| $12.9M | 0.01% |
299,570
+200,135
| +201% | +$9.02M |
|
1117
MKS Inc
MKSI
$20.8B
| $12.8M | 0.01% |
84,532
+64,319
| +318% | +$9.87M |
|
1118
Columbus McKinnon
CMCO
$548M
| $12.8M | 0.01% |
259,200
-9,604
| -4% | -$435K |
|
1119
Central Pacific Financial
CPF
$1.01B
| $12.7M | 0.01% |
488,552
-20,212
| -4% | -$507K |
|
1120
Huntsman Corp
HUN
$1.82B
| $12.7M | 0.01% |
425,255
-112,739
| -21% | -$2.97M |
|
1121
Vanguard Morningstar Value ETF
VTV
$194B
| $12.7M | 0.01% |
90,990
+69,937
| +332% | +$9.74M |
|
1122
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $12.6M | 0.01% |
137,288
+6,506
| +5% | +$591K |
|
1123
International Bancshares
IBOC
$4.55B
| $12.6M | 0.01% |
298,467
-114,756
| -28% | -$4.68M |
|
1124
Rithm Capital
RITM
$5.82B
| $12.6M | 0.01% |
1,114,647
+890,540
| +397% | +$9.15M |
|
1125
ProPetro Holding
PUMP
$1.47B
| $12.6M | 0.01% |
1,424,972
-62,718
| -4% | -$490K |
|
Similar funds
Bank of Montreal's Q3 2021 Portfolio in Review
As of Q3 2021, Bank of Montreal held 4,070 positions worth $219B, up 9% from $201B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $10.5B of net new capital in Q3 2021, opening 436 new positions and adding to 1,500 existing holdings. Its largest new stake was Silicon Motion: 610,096 shares worth $44.6M.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Tesla, an estimated $585M trimmed.
- Bank of Montreal's largest Q3 2021 buy was Silicon Motion: 610,096 shares worth $44.6M.
- Bank of Montreal added most to Apple in Q3 2021, an estimated $719M increase.
- Bank of Montreal's biggest Q3 2021 reduction was Tesla, cutting an estimated $585M.
- Bank of Montreal fully exited Slack Technologies, Inc. in Q3 2021, selling an estimated $199M.
- Bank of Montreal's ten largest holdings make up 22% of its $219B portfolio in Q3 2021.
- Bank of Montreal opened 436 new positions and closed 272 in Q3 2021.
- Bank of Montreal's portfolio value rose 9% quarter-over-quarter to $219B.
Based on Bank of Montreal's 13F filing for Q3 2021, filed 12 Nov 2021.