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 |
Amazon
AMZN
|
+$856M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$781M |
| 3 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$367M |
| 4 |
Energy Transfer Partners
ET
|
+$311M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$968M |
| 2 |
Alibaba
BABA
|
+$290M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$276M |
| 4 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$222M |
| 5 |
Cigna
CI
|
+$217M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.75% |
| 2 | Technology | 9.54% |
| 3 | Communication Services | 9.07% |
| 4 | Energy | 8.23% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWO
2126
Two Harbors Investment
TWO
$1.27B
| $558K | ﹤0.01% |
10,872
+317
| +3% | +$18.1K |
|
|
BSJM
2127
DELISTED
Invesco BulletShares 2022 High Yield Corporate Bond ETF
BSJM
| $556K | ﹤0.01% |
23,937
| – | – |
|
2128
BlackRock Enhanced Global Dividend Trust
BOE
$692M
| $554K | ﹤0.01% |
59,124
+365
| +0.6% | +$3.69K |
|
|
NPTN
2129
DELISTED
NEOPHOTONICS CORP
NPTN
| $553K | ﹤0.01% |
85,372
+250
| +0.3% | +$1.91K |
|
2130
Herbalife
HLF
$1.29B
| $550K | ﹤0.01% |
9,320
-157
| -2% | -$8.67K |
|
2131
NovoCure
NVCR
$1.97B
| $550K | ﹤0.01% |
16,395
-1,999
| -11% | -$73.1K |
|
2132
News Corp Class B
NWS
$17.9B
| $550K | ﹤0.01% |
47,600
-4,273
| -8% | -$55.9K |
|
2133
US Physical Therapy
USPH
$1.21B
| $549K | ﹤0.01% |
5,358
+322
| +6% | +$35.7K |
|
|
HNP
2134
DELISTED
Huaneng Power Intl, Inc.
HNP
| $549K | ﹤0.01% |
21,913
-654
| -3% | -$15.7K |
|
2135
CVR Energy
CVI
$3.54B
| $547K | ﹤0.01% |
15,878
+1,663
| +12% | +$63.3K |
|
|
PDCO
2136
DELISTED
Patterson Companies, Inc.
PDCO
| $547K | ﹤0.01% |
27,761
-1,481
| -5% | -$34.6K |
|
|
BECN
2137
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $546K | ﹤0.01% |
17,202
-5,469
| -24% | -$169K |
|
2138
LiveRamp
RAMP
$2.3B
| $545K | ﹤0.01% |
14,139
-40,736
| -74% | -$1.84M |
|
|
ALE
2139
DELISTED
Allete
ALE
| $544K | ﹤0.01% |
7,133
-203
| -3% | -$15.7K |
|
2140
FNB Corp
FNB
$6.93B
| $542K | ﹤0.01% |
55,205
-1,033
| -2% | -$12K |
|
2141
Vanguard Total International Stock ETF
VXUS
$164B
| $542K | ﹤0.01% |
11,462
-3,131
| -21% | -$156K |
|
2142
CALL
W.P. Carey
WPC
$16.3B
| $542K | ﹤0.01% |
+8,474
| New | +$551K |
|
2143
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.29B
| $533K | ﹤0.01% |
12,051
-13,834
| -53% | -$640K |
|
2144
East-West Bancorp
EWBC
$18.7B
| $532K | ﹤0.01% |
12,230
-136
| -1% | -$7.05K |
|
2145
Kosmos Energy
KOS
$1.51B
| $532K | ﹤0.01% |
130,783
+10,575
| +9% | +$65.3K |
|
|
SRG
2146
Seritage Growth Properties
SRG
$128M
| $532K | ﹤0.01% |
16,445
+2,557
| +18% | +$99K |
|
2147
Delek Logistics
DKL
$2.87B
| $530K | ﹤0.01% |
18,115
-1,585
| -8% | -$49K |
|
2148
Mueller Industries
MLI
$14.6B
| $529K | ﹤0.01% |
90,384
-20,024
| -18% | -$124K |
|
2149
Nomura Holdings
NMR
$28.7B
| $527K | ﹤0.01% |
141,589
+13,801
| +11% | +$61.9K |
|
2150
NewMarket
NEU
$8.85B
| $526K | ﹤0.01% |
1,277
-238
| -16% | -$94.2K |
|
Similar funds
Bank of Montreal's Q4 2018 Portfolio in Review
As of Q4 2018, Bank of Montreal held 5,067 positions worth $106B, down 17% from $128B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $3.74B in Q4 2018, closing 348 positions and reducing 1,705 holdings. Its most notable exit was Energy Transfer Partners, L.P., an estimated $222M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in Cheer Holding worth $18.7M.
- Bank of Montreal's largest Q4 2018 buy was Cheer Holding: 1,293 shares worth $18.7M.
- Bank of Montreal added most to Amazon in Q4 2018, an estimated $856M increase.
- Bank of Montreal's biggest Q4 2018 reduction was Tesla, cutting an estimated $968M.
- Bank of Montreal fully exited Energy Transfer Partners, L.P. in Q4 2018, selling an estimated $222M.
- Bank of Montreal's ten largest holdings make up 22% of its $106B portfolio in Q4 2018.
- Bank of Montreal opened 284 new positions and closed 348 in Q4 2018.
- Bank of Montreal's portfolio value fell 17% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q4 2018, filed 22 Jan 2019.