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 |
Mastercard
MA
|
+$512M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$458M |
| 3 |
Toronto Dominion Bank
TD
|
+$275M |
| 4 |
Shopify
SHOP
|
+$265M |
| 5 |
TC Energy
TRP
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$202M |
| 3 |
Restaurant Brands International
QSR
|
+$198M |
| 4 |
Canadian Natural Resources
CNQ
|
+$121M |
| 5 |
Invitation Homes
INVH
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.93% |
| 2 | Technology | 14.17% |
| 3 | Miscellaneous | 12.5% |
| 4 | Healthcare | 8.07% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
WPX
2501
CALL
DELISTED
WPX Energy, Inc.
WPX
| $304K | ﹤0.01% |
59,000
| – | – |
2020 Q1
1 quarter
|
|
2502
Old National Bancorp
ONB
$9.55B
| $303K | ﹤0.01% |
24,433
+14,218
| +139% | +$192K |
2013 Q2
28 quarters
|
|
|
GTLS
2503
DELISTED
Chart Industries
GTLS
| $302K | ﹤0.01% |
6,254
+3,922
| +168% | +$144K |
2013 Q2
28 quarters
|
|
2504
CALL
Virgin Galactic
SPCE
$459M
| $302K | ﹤0.01% |
775
| – | – |
2019 Q4
2 quarters
|
|
2505
CALL
Vermilion Energy
VET
$1.78B
| $302K | ﹤0.01% |
+75,000
| New | +$353K |
2020 Q2
0 quarters
|
|
2506
Range Resources
RRC
$8.93B
| $301K | ﹤0.01% |
46,177
+8,460
| +22% | +$46.9K |
2013 Q2
28 quarters
|
|
|
SII
2507
Sprott
SII
$2.99B
| $301K | ﹤0.01% |
+7,896
| New | +$274K |
2020 Q2
0 quarters
|
|
2508
PUT
Nordic American Tanker
NAT
$1.78B
| $300K | ﹤0.01% |
+74,000
| New | +$350K |
2020 Q2
0 quarters
|
|
2509
US Physical Therapy
USPH
$1.25B
| $300K | ﹤0.01% |
4,028
+872
| +28% | +$63.6K |
2013 Q2
28 quarters
|
|
|
KIN
2510
CALL
DELISTED
Kindred Biosciences, Inc.
KIN
| $300K | ﹤0.01% |
+75,500
| New | +$337K |
2020 Q2
0 quarters
|
|
2511
Loop Industries
LOOP
$21.7M
| $298K | ﹤0.01% |
33,745
+500
| +2% | +$4.29K |
2017 Q4
10 quarters
|
|
2512
White Mountains Insurance
WTM
$4.82B
| $298K | ﹤0.01% |
355
-9
| -2% | -$8.11K |
2013 Q2
28 quarters
|
|
|
ZNH
2513
DELISTED
China Southern Airlines Company Limited
ZNH
| $298K | ﹤0.01% |
12,444
+2,002
| +19% | +$45.3K |
2017 Q1
13 quarters
|
|
2514
Trustmark
TRMK
$2.67B
| $297K | ﹤0.01% |
13,937
+9,587
| +220% | +$231K |
2013 Q2
28 quarters
|
|
|
TYG
2515
Tortoise Energy Infrastructure Corp
TYG
$968M
| $297K | ﹤0.01% |
19,269
-14,386
| -43% | -$236K |
2020 Q1
1 quarter
|
|
|
AZUL
2516
DELISTED
Azul
AZUL
| $296K | ﹤0.01% |
+25,400
| New | +$244K |
2020 Q2
0 quarters
|
|
2517
LGI Homes
LGIH
$1.12B
| $296K | ﹤0.01% |
3,010
+2,013
| +202% | +$141K |
2014 Q4
22 quarters
|
|
2518
Ashland
ASH
$3.18B
| $295K | ﹤0.01% |
4,370
+2,624
| +150% | +$163K |
2013 Q2
28 quarters
|
|
2519
CALL
Brixmor Property Group
BRX
$8.41B
| $295K | ﹤0.01% |
+25,000
| New | +$283K |
2020 Q2
0 quarters
|
|
2520
Cleveland-Cliffs
CLF
$6.46B
| $295K | ﹤0.01% |
59,194
-596,947
| -91% | -$2.9M |
2013 Q2
28 quarters
|
|
2521
Cannae Holdings
CNNE
$674M
| $295K | ﹤0.01% |
7,418
+6,870
| +1,254% | +$235K |
2017 Q4
10 quarters
|
|
2522
Dorchester Minerals
DMLP
$1.41B
| $295K | ﹤0.01% |
26,000
-24,000
| -48% | -$273K |
2019 Q3
3 quarters
|
|
2523
Avista
AVA
$2.96B
| $293K | ﹤0.01% |
8,316
+5,867
| +240% | +$232K |
2013 Q2
28 quarters
|
|
2524
Veeco
VECO
$3.51B
| $293K | ﹤0.01% |
21,369
-18,948
| -47% | -$218K |
2015 Q2
20 quarters
|
|
2525
Beyond Meat
BYND
$142M
| $292K | ﹤0.01% |
69
-12
| -15% | -$42.6K |
2019 Q2
4 quarters
|
|
Similar funds
Bank of Montreal's Q2 2020 Portfolio in Review
As of Q2 2020, Bank of Montreal held 4,997 positions worth $110B, up 26% from $87.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2020 filing shows 847 new, 2,326 increased, 1,132 reduced and 338 closed positions. Its largest new stake was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M. The largest sale was Amazon, an estimated $363M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Technology and Miscellaneous.
- Bank of Montreal's largest Q2 2020 buy was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M.
- Bank of Montreal added most to Mastercard in Q2 2020, an estimated $512M increase.
- Bank of Montreal's biggest Q2 2020 reduction was Amazon, cutting an estimated $363M.
- Bank of Montreal fully exited Allergan plc in Q2 2020, selling an estimated $94M.
- Bank of Montreal's ten largest holdings make up 22% of its $110B portfolio in Q2 2020.
- Bank of Montreal opened 847 new positions and closed 338 in Q2 2020.
- Bank of Montreal's portfolio value rose 26% quarter-over-quarter to $110B.
Based on Bank of Montreal's 13F filing for Q2 2020, filed 12 Aug 2020.