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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.65% |
| 2 | Technology | 12.03% |
| 3 | Miscellaneous | 11.59% |
| 4 | Healthcare | 8.72% |
| 5 | Industrials | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2601
Trex
TREX
$4.44B
| $100K | ﹤0.01% |
2,630
-25,476
| -91% | -$1.19M |
2015 Q3
18 quarters
|
|
|
AAWW
2602
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $100K | ﹤0.01% |
4,253
-143,992
| -97% | -$3.6M |
2014 Q1
24 quarters
|
|
2603
Dillards
DDS
$10.2B
| $99K | ﹤0.01% |
3,849
-2,607
| -40% | -$152K |
2013 Q2
27 quarters
|
|
2604
Fidelity MSCI Financials Index ETF
FNCL
$2.23B
| $99K | ﹤0.01% |
3,503
+1,098
| +46% | +$43.5K |
2019 Q4
1 quarter
|
|
2605
Trustmark
TRMK
$2.67B
| $99K | ﹤0.01% |
4,350
-16,063
| -79% | -$478K |
2013 Q2
27 quarters
|
|
|
WIRE
2606
DELISTED
Encore Wire Corp
WIRE
| $99K | ﹤0.01% |
2,461
-2,150
| -47% | -$111K |
2013 Q2
27 quarters
|
|
|
ALYA
2607
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $99K | ﹤0.01% |
63,450
+1,000
| +2% | +$2.54K |
2019 Q1
4 quarters
|
|
2608
First Merchants
FRME
$2.52B
| $98K | ﹤0.01% |
3,758
-7,435
| -66% | -$271K |
2014 Q4
21 quarters
|
|
|
SRG
2609
Seritage Growth Properties
SRG
$102M
| $98K | ﹤0.01% |
12,770
-259
| -2% | -$8.08K |
2018 Q1
8 quarters
|
|
2610
United Therapeutics
UTHR
$23.2B
| $98K | ﹤0.01% |
1,050
-66,716
| -98% | -$6.34M |
2013 Q2
27 quarters
|
|
2611
RLI Corp
RLI
$5.13B
| $97K | ﹤0.01% |
2,264
-20,300
| -90% | -$893K |
2013 Q2
27 quarters
|
|
2612
Valley National Bancorp
VLY
$7.08B
| $97K | ﹤0.01% |
14,196
-574,821
| -98% | -$5.62M |
2013 Q2
27 quarters
|
|
|
ZGNX
2613
DELISTED
Zogenix, Inc.
ZGNX
| $97K | ﹤0.01% |
4,156
-1,624
| -28% | -$59.1K |
2016 Q1
16 quarters
|
|
|
CZR
2614
DELISTED
Caesars Entertainment Corporation
CZR
| $97K | ﹤0.01% |
14,895
-66,283
| -82% | -$779K |
2017 Q4
9 quarters
|
|
|
AXON
2615
Axon Enterprise
AXON
$33.6B
| $95K | ﹤0.01% |
1,522
-13,467
| -90% | -$1.01M |
2013 Q2
27 quarters
|
|
2616
J&J Snack Foods
JJSF
$1.46B
| $95K | ﹤0.01% |
844
-1,997
| -70% | -$322K |
2013 Q2
27 quarters
|
|
2617
Viemed Healthcare
VMD
$348M
| $95K | ﹤0.01% |
20,475
+1,955
| +11% | +$9.69K |
2019 Q4
1 quarter
|
|
|
DLPH
2618
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $94K | ﹤0.01% |
13,405
-14,665
| -52% | -$182K |
2017 Q4
9 quarters
|
|
2619
Azenta
AZTA
$1.7B
| $93K | ﹤0.01% |
3,207
-8,728
| -73% | -$318K |
2013 Q2
27 quarters
|
|
2620
CRISPR Therapeutics
CRSP
$5.36B
| $93K | ﹤0.01% |
2,364
-45,150
| -95% | -$2.33M |
2017 Q1
12 quarters
|
|
2621
Etsy
ETSY
$6.68B
| $93K | ﹤0.01% |
2,712
-218,338
| -99% | -$10.7M |
2016 Q2
15 quarters
|
|
2622
National Vision
EYE
$1.3B
| $93K | ﹤0.01% |
5,652
-9,588
| -63% | -$299K |
2019 Q2
3 quarters
|
|
2623
KALA BIO
KALA
$7.45M
| $93K | ﹤0.01% |
4
| – | – |
2018 Q2
7 quarters
|
|
2624
PDF Solutions
PDFS
$2.34B
| $93K | ﹤0.01% |
7,946
+4,417
| +125% | +$65.3K |
2019 Q2
3 quarters
|
|
2625
Goldman Sachs BDC
GSBD
$1.02B
| $92K | ﹤0.01% |
8,000
-2,000
| -20% | -$37.8K |
2016 Q3
14 quarters
|
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $15.3B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M 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 Miscellaneous.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.