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 | |
|---|---|---|---|---|---|---|
1451
Nokia
NOK
$59.5B
| $2.32M | ﹤0.01% |
427,512
+345,712
| +423% | +$1.74M |
|
1452
Group 1 Automotive
GPI
$3.12B
| $2.31M | ﹤0.01% |
31,129
+25,877
| +493% | +$2.02M |
|
1453
Five Below
FIVE
$13.6B
| $2.31M | ﹤0.01% |
53,224
-5,254
| -9% | -$209K |
|
1454
Travere Therapeutics
TVTX
$5.85B
| $2.31M | ﹤0.01% |
124,866
+47,604
| +62% | +$931K |
|
|
VMW
1455
CALL
DELISTED
VMware, Inc
VMW
| $2.3M | ﹤0.01% |
25,000
| – | – |
|
|
CSC
1456
DELISTED
Computer Sciences
CSC
| $2.3M | ﹤0.01% |
33,355
+18,011
| +117% | +$1.2M |
|
|
CALD
1457
DELISTED
Callidus Software, Inc.
CALD
| $2.3M | ﹤0.01% |
107,585
-52,915
| -33% | -$1.02M |
|
|
SPTN
1458
DELISTED
SpartanNash
SPTN
| $2.29M | ﹤0.01% |
65,441
-1,319
| -2% | -$48.3K |
|
|
ULTI
1459
DELISTED
Ultimate Software Group Inc
ULTI
| $2.29M | ﹤0.01% |
11,725
-864
| -7% | -$168K |
|
1460
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.87B
| $2.29M | ﹤0.01% |
72,804
-144,098
| -66% | -$4.29M |
|
1461
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.96B
| $2.28M | ﹤0.01% |
55,894
+2,181
| +4% | +$86.9K |
|
|
WAGE
1462
DELISTED
WageWorks, Inc.
WAGE
| $2.28M | ﹤0.01% |
31,563
-3,946
| -11% | -$292K |
|
1463
Lamb Weston
LW
$7.32B
| $2.28M | ﹤0.01% |
54,243
-131,544
| -71% | -$5.19M |
|
|
UNVR
1464
DELISTED
Univar Solutions Inc.
UNVR
| $2.28M | ﹤0.01% |
74,242
-22,175
| -23% | -$666K |
|
1465
Acadia Healthcare
ACHC
$2.84B
| $2.26M | ﹤0.01% |
51,857
-20,190
| -28% | -$819K |
|
1466
Customers Bancorp
CUBI
$2.83B
| $2.26M | ﹤0.01% |
71,601
-2,845
| -4% | -$96.7K |
|
1467
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $2.25M | ﹤0.01% |
80,273
+77,786
| +3,128% | +$2.24M |
|
1468
Yelp
YELP
$1.32B
| $2.25M | ﹤0.01% |
68,614
-9,289
| -12% | -$344K |
|
1469
Dolby
DLB
$5.84B
| $2.24M | ﹤0.01% |
42,807
-129
| -0.3% | -$6.38K |
|
1470
iShares Global Tech ETF
IXN
$9.41B
| $2.23M | ﹤0.01% |
107,880
+2,976
| +3% | +$58.9K |
|
1471
MGE Energy Inc
MGEE
$3.08B
| $2.23M | ﹤0.01% |
34,357
-1,215
| -3% | -$76.9K |
|
|
NVO
1472
Novo Nordisk
NVO
$202B
| $2.23M | ﹤0.01% |
130,356
+51,222
| +65% | +$892K |
|
1473
La-Z-Boy
LZB
$1.67B
| $2.23M | ﹤0.01% |
82,627
-40,965
| -33% | -$1.16M |
|
1474
United Microelectronic
UMC
$47.4B
| $2.22M | ﹤0.01% |
1,151,400
+42,500
| +4% | +$80.8K |
|
|
DNR
1475
DELISTED
Denbury Resources, Inc.
DNR
| $2.22M | ﹤0.01% |
860,915
+64,130
| +8% | +$199K |
|
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.