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
|
+$598M |
| 2 |
Microsoft
MSFT
|
+$578M |
| 3 |
Enbridge
ENB
|
+$546M |
| 4 |
Amazon
AMZN
|
+$536M |
| 5 |
Tesla
TSLA
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$475M |
| 2 |
Toronto Dominion Bank
TD
|
+$334M |
| 3 |
Royal Bank of Canada
RY
|
+$300M |
| 4 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$292M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.05% |
| 2 | Technology | 14.37% |
| 3 | Industrials | 8.04% |
| 4 | Communication Services | 7.8% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
PUT
Teck Resources
TECK
$31.4B
| $5.8M | ﹤0.01% |
303,100
-199,300
| -40% | -$3.07M |
|
1302
CALL
Agnico Eagle Mines
AEM
$94.5B
| $5.8M | ﹤0.01% |
83,600
+14,700
| +21% | +$1.1M |
|
1303
Workiva
WK
$3.88B
| $5.8M | ﹤0.01% |
61,326
-9,400
| -13% | -$660K |
|
1304
Axogen
AXGN
$2.59B
| $5.8M | ﹤0.01% |
296,180
-52,545
| -15% | -$772K |
|
1305
FB Financial Corp
FBK
$3.1B
| $5.79M | ﹤0.01% |
154,731
+5,737
| +4% | +$180K |
|
|
NUVA
1306
DELISTED
NuVasive, Inc.
NUVA
| $5.78M | ﹤0.01% |
101,568
+64,851
| +177% | +$3.19M |
|
|
APHA
1307
CALL
DELISTED
Aphria Inc. Common Shares
APHA
| $5.78M | ﹤0.01% |
638,500
+186,000
| +41% | +$1.16M |
|
1308
Cable One
CABO
$200M
| $5.76M | ﹤0.01% |
2,797
-1,202
| -30% | -$2.38M |
|
1309
Independent Bank Corp
IBCP
$853M
| $5.75M | ﹤0.01% |
287,230
+20,205
| +8% | +$331K |
|
1310
Unum
UNM
$14.9B
| $5.75M | ﹤0.01% |
244,293
-155,875
| -39% | -$3.22M |
|
1311
Neogen
NEOG
$2.6B
| $5.74M | ﹤0.01% |
136,664
+16,870
| +14% | +$627K |
|
1312
Alarm.com
ALRM
$2.71B
| $5.74M | ﹤0.01% |
54,713
+5,605
| +11% | +$407K |
|
1313
CALL
Franco-Nevada
FNV
$45.3B
| $5.72M | ﹤0.01% |
45,300
+6,300
| +16% | +$850K |
|
1314
PUT
Public Service Enterprise Group
PEG
$38B
| $5.7M | ﹤0.01% |
+100,000
| New | +$5.82M |
|
|
ALLK
1315
CALL
DELISTED
Allakos
ALLK
| $5.69M | ﹤0.01% |
44,800
+9,100
| +25% | +$947K |
|
1316
Franklin Resources
BEN
$17.1B
| $5.69M | ﹤0.01% |
220,789
+5,126
| +2% | +$114K |
|
|
WRK
1317
CALL
DELISTED
WestRock Company
WRK
| $5.68M | ﹤0.01% |
+122,200
| New | +$5.04M |
|
1318
CALL
B2Gold
BTG
$6.84B
| $5.61M | ﹤0.01% |
1,064,700
+239,100
| +29% | +$1.46M |
|
1319
iRhythm Holdings
IRTC
$4.13B
| $5.59M | ﹤0.01% |
24,080
-5,294
| -18% | -$1.21M |
|
1320
PUT
FirstEnergy
FE
$27.2B
| $5.59M | ﹤0.01% |
185,000
| – | – |
|
1321
PUT
LCI Industries
LCII
$2.58B
| $5.57M | ﹤0.01% |
+40,000
| New | +$4.91M |
|
1322
CALL
Wells Fargo
WFC
$267B
| $5.55M | ﹤0.01% |
167,000
+111,600
| +201% | +$2.89M |
|
1323
CALL
Carnival Corporation Ltd
CCL
$39.2B
| $5.55M | ﹤0.01% |
275,400
| – | – |
|
|
FFAI
1324
Faraday Future Intelligent Electric
FFAI
$10.6M
| – | – |
-1
| Closed | -$14.1M |
|
1325
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.48B
| $5.52M | ﹤0.01% |
74,545
-3,116
| -4% | -$220K |
|
Similar funds
Bank of Montreal's Q4 2020 Portfolio in Review
As of Q4 2020, Bank of Montreal held 5,272 positions worth $151B, up 26% from $120B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal deployed $9.6B of net new capital in Q4 2020, opening 478 new positions and adding to 3,030 existing holdings. Its largest new stake was Colliers International: 1,022,734 shares worth $87.1M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 23% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Alibaba, an estimated $475M trimmed.
- Bank of Montreal's largest Q4 2020 buy was Colliers International: 1,022,734 shares worth $87.1M.
- Bank of Montreal added most to Apple in Q4 2020, an estimated $598M increase.
- Bank of Montreal's biggest Q4 2020 reduction was Alibaba, cutting an estimated $475M.
- Bank of Montreal fully exited Thunder Bridge Acquisition II, Ltd. Class A Ordinary Shares in Q4 2020, selling an estimated $29.7M.
- Bank of Montreal's ten largest holdings make up 21% of its $151B portfolio in Q4 2020.
- Bank of Montreal opened 478 new positions and closed 315 in Q4 2020.
- Bank of Montreal's portfolio value rose 26% quarter-over-quarter to $151B.
Based on Bank of Montreal's 13F filing for Q4 2020, filed 12 Feb 2021.