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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$411M |
| 3 |
Microsoft
MSFT
|
+$300M |
| 4 |
Apple
AAPL
|
+$284M |
| 5 |
Visa
V
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$254M |
| 2 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$178M |
| 3 |
Vanguard Dividend Appreciation ETF
VIG
|
+$177M |
| 4 |
Blackstone
BX
|
+$139M |
| 5 |
Exelon
EXC
|
+$126M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.38% |
| 2 | Technology | 11.34% |
| 3 | Miscellaneous | 10.58% |
| 4 | Energy | 8.74% |
| 5 | Communication Services | 8.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
ARI
2651
Apollo Commercial Real Estate
ARI
$797M
| $519K | ﹤0.01% |
28,402
+5,599
| +25% | +$103K |
2013 Q2
26 quarters
|
|
2652
CoreCivic
CXW
$3.31B
| $519K | ﹤0.01% |
29,838
+2,521
| +9% | +$39.9K |
2013 Q2
26 quarters
|
|
|
MGLN
2653
DELISTED
Magellan Health Services, Inc.
MGLN
| $519K | ﹤0.01% |
6,623
+350
| +6% | +$24.6K |
2013 Q2
26 quarters
|
|
2654
Wolfspeed
WOLF
$1.87B
| $518K | ﹤0.01% |
11,212
+7,124
| +174% | +$332K |
2013 Q2
26 quarters
|
|
2655
RBC Bearings
RBC
$16.3B
| $517K | ﹤0.01% |
3,262
+949
| +41% | +$153K |
2015 Q3
17 quarters
|
|
2656
Archrock
AROC
$5.32B
| $515K | ﹤0.01% |
51,241
+3,991
| +8% | +$37.2K |
2013 Q2
26 quarters
|
|
2657
Cabot Corp
CBT
$3.97B
| $515K | ﹤0.01% |
10,826
+3,215
| +42% | +$149K |
2013 Q2
26 quarters
|
|
2658
LCI Industries
LCII
$2.01B
| $514K | ﹤0.01% |
4,799
+886
| +23% | +$89.7K |
2013 Q2
26 quarters
|
|
2659
CNA Financial
CNA
$12.5B
| $512K | ﹤0.01% |
11,426
+343
| +3% | +$15.5K |
2013 Q2
26 quarters
|
|
2660
Timken Company
TKR
$8.48B
| $511K | ﹤0.01% |
9,075
+4,805
| +113% | +$243K |
2013 Q2
26 quarters
|
|
|
AIMC
2661
DELISTED
Altra Industrial Motion Corp
AIMC
| $511K | ﹤0.01% |
14,121
+7,120
| +102% | +$226K |
2018 Q2
6 quarters
|
|
2662
Qualys
QLYS
$6.68B
| $510K | ﹤0.01% |
6,112
+1,005
| +20% | +$83.3K |
2015 Q4
16 quarters
|
|
|
BKI
2663
DELISTED
Black Knight, Inc. Common Stock
BKI
| $509K | ﹤0.01% |
7,894
+2,487
| +46% | +$154K |
2016 Q1
15 quarters
|
|
|
GSS
2664
DELISTED
Golden Star Resources Ltd.
GSS
| $509K | ﹤0.01% |
133,499
-61,606
| -32% | -$197K |
2013 Q2
26 quarters
|
|
2665
State Street Real Estate Select Sector SPDR ETF
XLRE
$7.54B
| $508K | ﹤0.01% |
13,144
+10,074
| +328% | +$390K |
2016 Q3
13 quarters
|
|
2666
iShares MSCI USA Momentum Factor ETF
MTUM
$21.3B
| $507K | ﹤0.01% |
4,041
-29,081
| -88% | -$3.53M |
2017 Q2
10 quarters
|
|
2667
CVR Partners
UAN
$1.32B
| $507K | ﹤0.01% |
16,364
+12,500
| +323% | +$397K |
2018 Q4
4 quarters
|
|
2668
WesBanco
WSBC
$3.65B
| $507K | ﹤0.01% |
13,419
+3,548
| +36% | +$133K |
2015 Q3
17 quarters
|
|
|
BECN
2669
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $505K | ﹤0.01% |
15,804
-1,470
| -9% | -$46.5K |
2013 Q2
26 quarters
|
|
2670
Dycom Industries
DY
$8.26B
| $503K | ﹤0.01% |
10,658
+3,754
| +54% | +$183K |
2013 Q2
26 quarters
|
|
2671
Albany International
AIN
$1.73B
| $502K | ﹤0.01% |
6,603
+432
| +7% | +$35.9K |
2013 Q2
26 quarters
|
|
2672
First Bancorp
FBP
$4.13B
| $502K | ﹤0.01% |
47,372
+8,847
| +23% | +$92.4K |
2013 Q2
26 quarters
|
|
2673
Synaptics
SYNA
$4.81B
| $502K | ﹤0.01% |
7,642
+2,931
| +62% | +$154K |
2013 Q2
26 quarters
|
|
2674
Azenta
AZTA
$1.7B
| $500K | ﹤0.01% |
11,935
+1,965
| +20% | +$82.6K |
2013 Q2
26 quarters
|
|
|
HDS
2675
DELISTED
HD Supply Holdings, Inc.
HDS
| $499K | ﹤0.01% |
12,416
-30,441
| -71% | -$1.21M |
2014 Q4
20 quarters
|
|
Similar funds
Bank of Montreal's Q4 2019 Portfolio in Review
As of Q4 2019, Bank of Montreal held 5,174 positions worth $133B, up 15% from $116B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal deployed $8.58B of net new capital in Q4 2019, opening 425 new positions and adding to 2,835 existing holdings. Its largest new stake was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 28% a quarter earlier, followed by Technology and Miscellaneous.
On the sell side, the largest reduction was Apollo Global Management, an estimated $254M trimmed.
- Bank of Montreal's largest Q4 2019 buy was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $1.51B increase.
- Bank of Montreal's biggest Q4 2019 reduction was Apollo Global Management, cutting an estimated $254M.
- Bank of Montreal fully exited Buckeye Partners, L.P. in Q4 2019, selling an estimated $125M.
- Bank of Montreal's ten largest holdings make up 20% of its $133B portfolio in Q4 2019.
- Bank of Montreal opened 425 new positions and closed 298 in Q4 2019.
- Bank of Montreal's portfolio value rose 15% quarter-over-quarter to $133B.
Based on Bank of Montreal's 13F filing for Q4 2019, filed 10 Feb 2020.