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 | |
|---|---|---|---|---|---|---|
1626
Ironwood Pharmaceuticals
IRWD
$712M
| $1.68M | ﹤0.01% |
117,358
-15,571
| -12% | -$213K |
|
|
LTC
1627
LTC Properties
LTC
$2.17B
| $1.68M | ﹤0.01% |
35,035
+406
| +1% | +$19K |
|
|
MUI
1628
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $1.67M | ﹤0.01% |
120,750
| – | – |
|
1629
SEI Investments
SEIC
$12.8B
| $1.67M | ﹤0.01% |
33,130
-1,544
| -4% | -$78K |
|
1630
Diodes
DIOD
$4.77B
| $1.67M | ﹤0.01% |
69,504
-1,538
| -2% | -$38.3K |
|
1631
MaxLinear
MXL
$7.69B
| $1.67M | ﹤0.01% |
59,543
+59,468
| +79,291% | +$1.52M |
|
1632
Nelnet
NNI
$4.57B
| $1.66M | ﹤0.01% |
37,946
-1,529
| -4% | -$73K |
|
1633
BlackRock MuniYield Quality Fund
MQY
$812M
| $1.66M | ﹤0.01% |
111,075
| – | – |
|
1634
iShares MSCI Malaysia ETF
EWM
$330M
| $1.66M | ﹤0.01% |
54,527
+3,123
| +6% | +$92.6K |
|
1635
EastGroup Properties
EGP
$10.9B
| $1.65M | ﹤0.01% |
22,393
-63
| -0.3% | -$4.59K |
|
1636
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $1.64M | ﹤0.01% |
73,860
-970
| -1% | -$20.7K |
|
|
EDD
1637
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$372M
| $1.64M | ﹤0.01% |
216,000
| – | – |
|
1638
Vuzix
VUZI
$258M
| $1.64M | ﹤0.01% |
263,700
+175,200
| +198% | +$1.13M |
|
|
1639
PUT
Vuzix
VUZI
$258M
| $1.64M | ﹤0.01% |
263,700
+175,200
| +198% | +$1.13M |
|
|
MZTI
1640
The Marzetti Company
MZTI
$3.18B
| $1.63M | ﹤0.01% |
12,642
+82
| +0.7% | +$11K |
|
1641
Shutterstock
SSTK
$210M
| $1.63M | ﹤0.01% |
39,378
-6,252
| -14% | -$298K |
|
|
ETP
1642
PUT
DELISTED
Energy Transfer Partners, L.P.
ETP
| $1.63M | ﹤0.01% |
66,700
| – | – |
|
|
SAFM
1643
DELISTED
Sanderson Farms Inc
SAFM
| $1.63M | ﹤0.01% |
15,648
-25,158
| -62% | -$2.37M |
|
1644
Spectrum Brands
SPB
$2.07B
| $1.62M | ﹤0.01% |
11,674
-236
| -2% | -$31.3K |
|
1645
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $1.62M | ﹤0.01% |
33,899
+20,759
| +158% | +$972K |
|
1646
Insight Enterprises
NSIT
$4.53B
| $1.61M | ﹤0.01% |
39,269
-24,895
| -39% | -$1.02M |
|
|
BYM
1647
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.61M | ﹤0.01% |
115,300
-7,500
| -6% | -$105K |
|
1648
Schwab US Large- Cap ETF
SCHX
$74.9B
| $1.59M | ﹤0.01% |
169,566
+34,716
| +26% | +$321K |
|
1649
PUT
Invesco QQQ Trust
QQQ
$486B
| $1.59M | ﹤0.01% |
12,000
| – | – |
|
1650
SiteOne Landscape Supply
SITE
$4.3B
| $1.59M | ﹤0.01% |
+32,831
| New | +$1.31M |
|
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.