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 |
VanEck Gold Miners ETF
GDX
|
+$316M |
| 2 |
WCN
Waste Connections
WCN
|
+$188M |
| 3 |
JPMorgan Chase
JPM
|
+$165M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$149M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$135M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$292M |
| 2 |
Vanguard High Dividend Yield ETF
VYM
|
+$207M |
| 3 |
DuPont de Nemours
DD
|
+$156M |
| 4 |
BIN
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
|
+$124M |
| 5 |
Amdocs
DOX
|
+$117M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.98% |
| 2 | Energy | 10.92% |
| 3 | Communication Services | 8.6% |
| 4 | Industrials | 7.79% |
| 5 | Consumer Discretionary | 7.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Culp Inc
CULP
$42.2M
| $764K | ﹤0.01% |
27,651
-1,151
| -4% | -$31.3K |
|
1952
Erie Indemnity
ERIE
$13.4B
| $762K | ﹤0.01% |
7,672
-9,042
| -54% | -$862K |
|
1953
Stock Yards Bancorp
SYBT
$2.64B
| $759K | ﹤0.01% |
26,879
-1,465
| -5% | -$39.8K |
|
1954
Coty
COTY
$2.51B
| $758K | ﹤0.01% |
29,169
+26,500
| +993% | +$726K |
|
|
1955
PUT
Coty
COTY
$2.51B
| $756K | ﹤0.01% |
29,100
+26,500
| +1,019% | +$726K |
|
1956
Petrobras
PBR
$115B
| $756K | ﹤0.01% |
105,617
-898,079
| -89% | -$5.94M |
|
1957
Aramark
ARMK
$16.4B
| $754K | ﹤0.01% |
31,293
+3,360
| +12% | +$80.9K |
|
1958
Copart
CPRT
$29.3B
| $752K | ﹤0.01% |
122,664
-220,992
| -64% | -$1.24M |
|
1959
Regional Management Corp
RM
$309M
| $752K | ﹤0.01% |
51,268
-3,574
| -7% | -$58.6K |
|
|
DO
1960
DELISTED
Diamond Offshore Drilling
DO
| $752K | ﹤0.01% |
30,961
+2,669
| +9% | +$63.6K |
|
|
INFO
1961
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $750K | ﹤0.01% |
23,000
+3,900
| +20% | +$132K |
|
|
INFO
1962
PUT
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $750K | ﹤0.01% |
23,000
+3,900
| +20% | +$132K |
|
1963
Jakks Pacific
JAKK
$294M
| $749K | ﹤0.01% |
9,458
-705
| -7% | -$52.9K |
|
1964
Alaunos Therapeutics
TCRT
$4.71M
| $747K | ﹤0.01% |
907
-4
| -0.4% | -$4.36K |
|
1965
Exelixis
EXEL
$12.7B
| $744K | ﹤0.01% |
95,200
+174
| +0.2% | +$1K |
|
|
BAS
1966
DELISTED
Basis Energy Services, Inc.
BAS
| $744K | ﹤0.01% |
777
-49
| -6% | -$63.2K |
|
1967
Tootsie Roll Industries
TR
$3.08B
| $739K | ﹤0.01% |
25,764
+6,628
| +35% | +$177K |
|
1968
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $737K | ﹤0.01% |
7,285
-5,835
| -44% | -$589K |
|
|
1969
PUT
Alaunos Therapeutics
TCRT
$4.71M
| $736K | ﹤0.01% |
893
+63
| +8% | +$68.6K |
|
1970
First Horizon
FHN
$12.4B
| $735K | ﹤0.01% |
53,306
-8,584
| -14% | -$119K |
|
1971
iShares Core Conservative Allocation ETF
AOK
$794M
| $727K | ﹤0.01% |
22,171
-372
| -2% | -$12.1K |
|
1972
iShares US Financials ETF
IYF
$4.43B
| $727K | ﹤0.01% |
16,896
-1,634
| -9% | -$70.7K |
|
1973
Casey's General Stores
CASY
$31.3B
| $725K | ﹤0.01% |
5,520
-2,544
| -32% | -$295K |
|
1974
Nordic American Tanker
NAT
$1.42B
| $724K | ﹤0.01% |
52,584
-19,503
| -27% | -$284K |
|
1975
Invesco Dividend Achievers ETF
PFM
$810M
| $724K | ﹤0.01% |
31,961
+3,346
| +12% | +$73.5K |
|
Similar funds
Bank of Montreal's Q2 2016 Portfolio in Review
As of Q2 2016, Bank of Montreal held 4,663 positions worth $87.4B, down 6.8% from $93.8B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $8.25B in Q2 2016, closing 507 positions and reducing 1,535 holdings. Its most notable exit was PROGRESSIVE WASTE SOLUTIONS LTD COM, an estimated $124M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 22% a quarter earlier, followed by Energy and Communication Services.
Against the trend, Bank of Montreal opened a new position in Brookfield Business Partners worth $9.68M.
- Bank of Montreal's largest Q2 2016 buy was Brookfield Business Partners: 789,763 shares worth $9.68M.
- Bank of Montreal added most to VanEck Gold Miners ETF in Q2 2016, an estimated $316M increase.
- Bank of Montreal's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $292M.
- Bank of Montreal fully exited PROGRESSIVE WASTE SOLUTIONS LTD COM in Q2 2016, selling an estimated $124M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.4B portfolio in Q2 2016.
- Bank of Montreal opened 328 new positions and closed 507 in Q2 2016.
- Bank of Montreal's portfolio value fell 6.8% quarter-over-quarter to $87.4B.
Based on Bank of Montreal's 13F filing for Q2 2016, filed 25 Jul 2016.