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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$411M |
| 3 |
Microsoft
MSFT
|
+$300M |
| 4 |
Apple
AAPL
|
+$284M |
| 5 |
Visa
V
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$254M |
| 2 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$178M |
| 3 |
Vanguard Dividend Appreciation ETF
VIG
|
+$177M |
| 4 |
Blackstone
BX
|
+$139M |
| 5 |
Exelon
EXC
|
+$126M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.38% |
| 2 | Technology | 11.34% |
| 3 | Energy | 8.74% |
| 4 | Communication Services | 8.14% |
| 5 | Industrials | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FLIR
1401
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $4.68M | ﹤0.01% |
89,806
+15,770
| +21% | +$835K |
|
|
KL
1402
CALL
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $4.66M | ﹤0.01% |
+105,800
| New | +$4.69M |
|
1403
Caesars Entertainment
CZR
$6.04B
| $4.66M | ﹤0.01% |
78,099
+7,983
| +11% | +$395K |
|
|
PNNT
1404
Pennant Park Investment Corp
PNNT
$244M
| $4.66M | ﹤0.01% |
713,001
-4,435
| -0.6% | -$27.6K |
|
|
FBM
1405
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $4.65M | ﹤0.01% |
240,143
+122,836
| +105% | +$2.36M |
|
1406
Enovis
ENOV
$1.52B
| $4.65M | ﹤0.01% |
74,191
-30,582
| -29% | -$1.73M |
|
1407
Liberty All-Star Equity Fund
USA
$1.87B
| $4.63M | ﹤0.01% |
683,987
+249,987
| +58% | +$1.63M |
|
1408
Utz Brands
UTZ
$1.25B
| $4.63M | ﹤0.01% |
450,000
| – | – |
|
1409
Assured Guaranty
AGO
$3.36B
| $4.62M | ﹤0.01% |
94,292
+84,749
| +888% | +$4.05M |
|
1410
Morningstar
MORN
$7.75B
| $4.61M | ﹤0.01% |
30,437
+6,807
| +29% | +$1.05M |
|
|
NUVA
1411
DELISTED
NuVasive, Inc.
NUVA
| $4.59M | ﹤0.01% |
59,418
+52,022
| +703% | +$3.67M |
|
1412
InterDigital
IDCC
$8.93B
| $4.59M | ﹤0.01% |
84,188
-66,317
| -44% | -$3.66M |
|
1413
CALL
Ally Financial
ALLY
$13.7B
| $4.58M | ﹤0.01% |
+150,000
| New | +$4.68M |
|
1414
Herc Holdings
HRI
$5.72B
| $4.58M | ﹤0.01% |
93,680
+41,976
| +81% | +$1.96M |
|
1415
CALL
Amgen
AMGN
$223B
| $4.58M | ﹤0.01% |
+19,000
| New | +$4.19M |
|
|
KBAL
1416
DELISTED
Kimball International
KBAL
| $4.58M | ﹤0.01% |
221,538
+112,270
| +103% | +$2.31M |
|
1417
Banco Bilbao Vizcaya Argentaria
BBVA
$159B
| $4.57M | ﹤0.01% |
819,526
-100,681
| -11% | -$536K |
|
1418
Peapack-Gladstone Financial
PGC
$823M
| $4.53M | ﹤0.01% |
146,582
+87,300
| +147% | +$2.57M |
|
1419
Vanguard Consumer Staples ETF
VDC
$8.05B
| $4.51M | ﹤0.01% |
27,996
+11,857
| +73% | +$1.86M |
|
|
PFC
1420
DELISTED
Premier Financial Corp. Common Stock
PFC
| $4.51M | ﹤0.01% |
143,164
+87,934
| +159% | +$2.65M |
|
1421
PUT
SM Energy
SM
$8.04B
| $4.5M | ﹤0.01% |
400,000
| – | – |
|
1422
Innospec
IOSP
$2.31B
| $4.5M | ﹤0.01% |
43,450
+22,614
| +109% | +$2.16M |
|
|
VRTU
1423
DELISTED
Virtusa Corporation
VRTU
| $4.49M | ﹤0.01% |
98,937
+61,496
| +164% | +$2.51M |
|
1424
Hilton Grand Vacations
HGV
$3.56B
| $4.48M | ﹤0.01% |
130,255
+111,224
| +584% | +$3.82M |
|
1425
PUT
Mastercard
MA
$498B
| $4.48M | ﹤0.01% |
15,000
-8,900
| -37% | -$2.51M |
|
Similar funds
Bank of Montreal's Q4 2019 Portfolio in Review
As of Q4 2019, Bank of Montreal held 5,174 positions worth $133B, up 15% from $116B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal deployed $10.1B of net new capital in Q4 2019, opening 425 new positions and adding to 2,835 existing holdings. Its largest new stake was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 28% a quarter earlier, followed by Technology and Energy.
On the sell side, the largest reduction was Apollo Global Management, an estimated $254M trimmed.
- Bank of Montreal's largest Q4 2019 buy was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $1.51B increase.
- Bank of Montreal's biggest Q4 2019 reduction was Apollo Global Management, cutting an estimated $254M.
- Bank of Montreal fully exited Buckeye Partners, L.P. in Q4 2019, selling an estimated $125M.
- Bank of Montreal's ten largest holdings make up 20% of its $133B portfolio in Q4 2019.
- Bank of Montreal opened 425 new positions and closed 298 in Q4 2019.
- Bank of Montreal's portfolio value rose 15% quarter-over-quarter to $133B.
Based on Bank of Montreal's 13F filing for Q4 2019, filed 10 Feb 2020.