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 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.57% |
| 2 | Technology | 10.16% |
| 3 | Energy | 9.49% |
| 4 | Industrials | 8.49% |
| 5 | Communication Services | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
iShares MSCI EAFE Growth ETF
EFG
$17.3B
| $1.23M | ﹤0.01% |
15,234
-499,869
| -97% | -$40M |
|
1977
White Mountains Insurance
WTM
$5.1B
| $1.22M | ﹤0.01% |
1,134
+208
| +22% | +$222K |
|
1978
State Street DoubleLine Total Return Tactical ETF
TOTL
$4B
| $1.21M | ﹤0.01% |
24,656
-1,551
| -6% | -$76.2K |
|
1979
Compass Minerals
CMP
$1.11B
| $1.21M | ﹤0.01% |
21,384
+2,697
| +14% | +$145K |
|
1980
Chemed
CHE
$6.96B
| $1.21M | ﹤0.01% |
2,889
+84
| +3% | +$34.3K |
|
|
VISN
1981
Vistance Networks Inc
VISN
$2.66B
| $1.21M | ﹤0.01% |
102,492
+94,363
| +1,161% | +$1.22M |
|
1982
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.87B
| $1.2M | ﹤0.01% |
49,790
-1,904,761
| -97% | -$45.5M |
|
1983
National Fuel Gas
NFG
$7.79B
| $1.19M | ﹤0.01% |
25,404
+385
| +2% | +$18.7K |
|
1984
Elbit Systems
ESLT
$36.7B
| $1.19M | ﹤0.01% |
7,225
+2,743
| +61% | +$432K |
|
|
WPX
1985
DELISTED
WPX Energy, Inc.
WPX
| $1.19M | ﹤0.01% |
112,383
+78,053
| +227% | +$824K |
|
|
NFH
1986
DELISTED
New Frontier Health Corporation Ordinary Shares
NFH
| $1.19M | ﹤0.01% |
116,546
-108,454
| -48% | -$1.1M |
|
1987
CALL
Sabre
SABR
$900M
| $1.19M | ﹤0.01% |
+53,000
| New | +$1.25M |
|
|
BAND
1988
Bandwidth Inc
BAND
$1.74B
| $1.19M | ﹤0.01% |
18,214
+16,844
| +1,229% | +$1.31M |
|
|
VMW
1989
PUT
DELISTED
VMware, Inc
VMW
| $1.19M | ﹤0.01% |
7,900
-39,000
| -83% | -$6.14M |
|
1990
Cracker Barrel
CBRL
$1.29B
| $1.18M | ﹤0.01% |
7,279
+1,717
| +31% | +$289K |
|
1991
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$16.1B
| $1.18M | ﹤0.01% |
19,733
+686
| +4% | +$40.8K |
|
1992
iShares MSCI Europe Financials ETF
EUFN
$4.31B
| $1.18M | ﹤0.01% |
66,947
-135
| -0.2% | -$2.35K |
|
1993
PUT
Teladoc Health
TDOC
$1.24B
| $1.18M | ﹤0.01% |
17,400
-20,000
| -53% | -$1.32M |
|
1994
Independent Bank Corp
IBCP
$850M
| $1.18M | ﹤0.01% |
55,151
+51,219
| +1,303% | +$1.07M |
|
|
ICPT
1995
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $1.18M | ﹤0.01% |
17,698
+638
| +4% | +$42.8K |
|
1996
VanEck High Yield Muni ETF
HYD
$4.4B
| $1.17M | ﹤0.01% |
18,213
-15,217
| -46% | -$976K |
|
1997
PUT
Veeco
VECO
$3.2B
| $1.17M | ﹤0.01% |
+100,000
| New | +$1.13M |
|
|
RPAI
1998
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $1.17M | ﹤0.01% |
94,639
+52,568
| +125% | +$618K |
|
1999
iShares Global 100 ETF
IOO
$9.42B
| $1.16M | ﹤0.01% |
23,434
-1,361
| -5% | -$66.3K |
|
|
HTZ
2000
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $1.16M | ﹤0.01% |
83,784
+21,202
| +34% | +$299K |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.