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 | Miscellaneous | 15.7% |
| 3 | Technology | 9.54% |
| 4 | Communication Services | 9.07% |
| 5 | Energy | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2501
Kite Realty
KRG
$4.89B
| $232K | ﹤0.01% |
16,398
-8,562
| -34% | -$135K |
2013 Q2
22 quarters
|
|
2502
Invesco S&P 500 Pure Value ETF
RPV
$1.66B
| $232K | ﹤0.01% |
4,069
| – | – |
2013 Q2
22 quarters
|
|
|
BEST
2503
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $232K | ﹤0.01% |
2,827
+375
| +15% | +$39K |
2017 Q4
4 quarters
|
|
|
USG
2504
DELISTED
Usg
USG
| $232K | ﹤0.01% |
5,443
-563
| -9% | -$24.1K |
2013 Q2
22 quarters
|
|
2505
Dana Inc
DAN
$3B
| $231K | ﹤0.01% |
16,982
+3,927
| +30% | +$59.6K |
2013 Q2
22 quarters
|
|
|
DPG
2506
Duff & Phelps Utility and Infrastructure Fund
DPG
$462M
| $231K | ﹤0.01% |
+19,529
| New | +$264K |
2018 Q4
0 quarters
|
|
2507
argenx
ARGX
$57.5B
| $230K | ﹤0.01% |
2,393
-260
| -10% | -$23.1K |
2017 Q4
4 quarters
|
|
|
GNAF
2508
DELISTED
MicroSectors FANG+ Index Inverse ETNs due January 8, 2038
GNAF
| $230K | ﹤0.01% |
3,870
-20,059
| -84% | -$1.13M |
2018 Q3
1 quarter
|
|
2509
Cemex
CX
$13.8B
| $228K | ﹤0.01% |
47,351
+36,950
| +355% | +$197K |
2013 Q2
22 quarters
|
|
2510
Otter Tail
OTTR
$3.73B
| $228K | ﹤0.01% |
4,589
+287
| +7% | +$13.7K |
2015 Q3
13 quarters
|
|
|
PRSP
2511
DELISTED
Perspecta Inc. Common Stock
PRSP
| $228K | ﹤0.01% |
13,310
-1,716
| -11% | -$38K |
2018 Q2
2 quarters
|
|
2512
National Healthcare
NHC
$3.57B
| $227K | ﹤0.01% |
2,898
+86
| +3% | +$6.73K |
2013 Q2
22 quarters
|
|
2513
Tactile Systems Technology
TCMD
$501M
| $227K | ﹤0.01% |
4,987
+162
| +3% | +$9.35K |
2017 Q2
6 quarters
|
|
|
VNET
2514
VNET Group
VNET
$1.46B
| $227K | ﹤0.01% |
26,259
-246
| -0.9% | -$2.44K |
2013 Q2
22 quarters
|
|
|
CHS
2515
DELISTED
Chicos FAS, Inc.
CHS
| $227K | ﹤0.01% |
40,423
-219,459
| -84% | -$1.53M |
2013 Q2
22 quarters
|
|
|
NEWR
2516
DELISTED
New Relic, Inc.
NEWR
| $226K | ﹤0.01% |
2,802
+1,156
| +70% | +$97.4K |
2015 Q4
12 quarters
|
|
2517
ANI Pharmaceuticals
ANIP
$1.66B
| $225K | ﹤0.01% |
4,977
-4,058
| -45% | -$213K |
2015 Q1
15 quarters
|
|
2518
Vericel Corp
VCEL
$2.06B
| $225K | ﹤0.01% |
12,965
-1,388
| -10% | -$20.8K |
2017 Q4
4 quarters
|
|
2519
Zai Lab
ZLAB
$2.73B
| $225K | ﹤0.01% |
9,692
+1,512
| +18% | +$28K |
2018 Q3
1 quarter
|
|
|
SRDX
2520
DELISTED
Surmodics
SRDX
| $224K | ﹤0.01% |
4,734
+55
| +1% | +$3.3K |
2013 Q2
22 quarters
|
|
2521
ABM Industries
ABM
$2.87B
| $223K | ﹤0.01% |
6,944
+241
| +4% | +$7.38K |
2013 Q2
22 quarters
|
|
|
SORL
2522
DELISTED
SORL Auto Parts, Inc.
SORL
| $223K | ﹤0.01% |
118,700
-113,000
| -49% | -$370K |
2017 Q4
4 quarters
|
|
2523
PUT
Marathon Petroleum
MPC
$119B
| $221K | ﹤0.01% |
+3,740
| New | +$255K |
2018 Q4
0 quarters
|
|
|
INOV
2524
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $221K | ﹤0.01% |
15,573
+493
| +3% | +$5.62K |
2016 Q1
11 quarters
|
|
2525
Acadia Pharmaceuticals
ACAD
$3.44B
| $220K | ﹤0.01% |
13,603
+12,369
| +1,002% | +$240K |
2015 Q3
13 quarters
|
|
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 $4.31B 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 Miscellaneous and Technology.
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.