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 | |
|---|---|---|---|---|---|---|
2601
PUT
Angi Inc
ANGI
$191M
| $362K | ﹤0.01% |
+5,110
| New | +$524K |
|
2602
CALL
Equity Residential
EQR
$24.7B
| $362K | ﹤0.01% |
+4,200
| New | +$344K |
|
2603
iShares Core S&P US Value ETF
IUSV
$28B
| $362K | ﹤0.01% |
6,253
-46
| -0.7% | -$2.62K |
|
|
YGRN
2604
DELISTED
MicroSectors US Big Oil Inverse ETN
YGRN
| $362K | ﹤0.01% |
7,081
+1,280
| +22% | +$66.2K |
|
2605
State Street SPDR S&P Health Care Equipment ETF
XHE
$169M
| $361K | ﹤0.01% |
4,623
-80
| -2% | -$6.43K |
|
2606
LCI Industries
LCII
$2.58B
| $359K | ﹤0.01% |
3,913
+96
| +3% | +$8.53K |
|
2607
Lyft
LYFT
$6.62B
| $359K | ﹤0.01% |
8,813
+6,819
| +342% | +$373K |
|
2608
Adient
ADNT
$1.57B
| $358K | ﹤0.01% |
15,635
+1,258
| +9% | +$28.7K |
|
|
LX
2609
LexinFintech Holdings
LX
$224M
| $358K | ﹤0.01% |
35,704
+27,961
| +361% | +$304K |
|
2610
PUT
PetMed Express
PETS
$38.9M
| $357K | ﹤0.01% |
+19,800
| New | +$327K |
|
2611
Texas Roadhouse
TXRH
$13.6B
| $357K | ﹤0.01% |
6,795
+302
| +5% | +$16K |
|
2612
Global Net Lease
GNL
$1.85B
| $356K | ﹤0.01% |
18,263
-89,925
| -83% | -$1.75M |
|
|
DOVA
2613
DELISTED
Dova Pharmaceuticals, Inc. Common Stock
DOVA
| $355K | ﹤0.01% |
12,731
+12,034
| +1,727% | +$195K |
|
|
SUM
2614
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $354K | ﹤0.01% |
16,243
+915
| +6% | +$18.1K |
|
2615
Dycom Industries
DY
$12.6B
| $353K | ﹤0.01% |
6,904
+904
| +15% | +$45.6K |
|
2616
Hope Bancorp
HOPE
$1.85B
| $353K | ﹤0.01% |
24,576
-48
| -0.2% | -$673 |
|
2617
Moog Inc Class A
MOG.A
$14B
| $353K | ﹤0.01% |
4,347
+304
| +8% | +$25.9K |
|
2618
PUT
Village Farms International
VFF
$309M
| $353K | ﹤0.01% |
39,000
+13,500
| +53% | +$150K |
|
2619
Matsons
MATX
$6.5B
| $352K | ﹤0.01% |
9,374
-212
| -2% | -$8.05K |
|
2620
PUT
VirnetX Holding Corp
VHC
$62.8M
| $352K | ﹤0.01% |
3,255
| – | – |
|
2621
Freshpet
FRPT
$3.5B
| $351K | ﹤0.01% |
7,041
+420
| +6% | +$19.2K |
|
2622
Littelfuse
LFUS
$11.6B
| $350K | ﹤0.01% |
1,976
+422
| +27% | +$71.4K |
|
2623
Mercury Insurance
MCY
$5.84B
| $349K | ﹤0.01% |
6,242
-882
| -12% | -$50.5K |
|
2624
Webster Financial
WBS
$12.8B
| $349K | ﹤0.01% |
7,440
+1,156
| +18% | +$54.7K |
|
2625
CEMIG Preferred Shares
CIG
$5.52B
| $347K | ﹤0.01% |
200,841
-98,430
| -33% | -$182K |
|
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.