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 |
Fortis
FTS
|
+$601M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$424M |
| 3 |
Mondelez International
MDLZ
|
+$228M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Apple
AAPL
|
+$158M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$240M |
| 2 |
Virtus Investment Partners
VRTS
|
+$189M |
| 3 |
Travelers Companies
TRV
|
+$150M |
| 4 |
NVIDIA
NVDA
|
+$113M |
| 5 |
Dover
DOV
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.37% |
| 2 | Miscellaneous | 13.83% |
| 3 | Energy | 12.01% |
| 4 | Industrials | 8.11% |
| 5 | Communication Services | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2676
Independent Bank
INDB
$3.74B
| $139K | ﹤0.01% |
2,137
| – | – |
2013 Q2
14 quarters
|
|
2677
CALL
TransAlta
TAC
$3.87B
| $139K | ﹤0.01% |
25,500
-584,500
| -96% | -$2.79M |
2013 Q4
12 quarters
|
|
2678
Blue Bird Corp
BLBD
$1.76B
| $138K | ﹤0.01% |
+8,472
| New | +$132K |
2016 Q4
0 quarters
|
|
2679
Corcept Therapeutics
CORT
$12.3B
| $138K | ﹤0.01% |
16,542
+3,288
| +25% | +$25.8K |
2015 Q4
4 quarters
|
|
2680
First Trust Consumer Staples AlphaDEX Fund
FXG
$201M
| $138K | ﹤0.01% |
3,127
-616,612
| -99% | -$28M |
2014 Q4
8 quarters
|
|
|
HTBK
2681
DELISTED
Heritage Commerce
HTBK
| $138K | ﹤0.01% |
11,178
+2,222
| +25% | +$27K |
2015 Q4
4 quarters
|
|
|
CSLT
2682
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $138K | ﹤0.01% |
29,744
+5,484
| +23% | +$24.8K |
2014 Q1
11 quarters
|
|
|
AL
2683
DELISTED
Air Lease Corp
AL
| $137K | ﹤0.01% |
3,821
+135
| +4% | +$4.44K |
2013 Q2
14 quarters
|
|
2684
Grupo Aval
AVAL
$5.63B
| $137K | ﹤0.01% |
18,100
+4,000
| +28% | +$32K |
2016 Q2
2 quarters
|
|
2685
Invesco FTSE RAFI US 1000 ETF
PRF
$9.8B
| $137K | ﹤0.01% |
6,940
-5,660
| -45% | -$109K |
2013 Q2
14 quarters
|
|
|
TSL
2686
DELISTED
Trina Solar Limited
TSL
| $137K | ﹤0.01% |
14,543
-3,394
| -19% | -$34K |
2013 Q2
14 quarters
|
|
|
AIQ
2687
DELISTED
Alliance Healthcare Services
AIQ
| $137K | ﹤0.01% |
18,000
-13,760
| -43% | -$112K |
2014 Q4
8 quarters
|
|
|
ALEX
2688
DELISTED
Alexander & Baldwin
ALEX
| $136K | ﹤0.01% |
3,092
| – | – |
2013 Q2
14 quarters
|
|
2689
Knowles
KN
$3.27B
| $136K | ﹤0.01% |
8,486
-64,258
| -88% | -$1M |
2014 Q1
11 quarters
|
|
2690
Veeco
VECO
$3.25B
| $136K | ﹤0.01% |
5,115
| – | – |
2015 Q2
6 quarters
|
|
2691
First Commonwealth Financial
FCF
$2.05B
| $135K | ﹤0.01% |
10,772
| – | – |
2013 Q2
14 quarters
|
|
2692
MasTec
MTZ
$17.2B
| $135K | ﹤0.01% |
3,563
+1,195
| +50% | +$40.5K |
2013 Q2
14 quarters
|
|
|
TGI
2693
DELISTED
Triumph Group
TGI
| $135K | ﹤0.01% |
4,861
-36,551
| -88% | -$972K |
2013 Q2
14 quarters
|
|
2694
Talphera
TLPH
$58.1M
| $135K | ﹤0.01% |
+2,183
| New | +$134K |
2016 Q4
0 quarters
|
|
|
ESV
2695
PUT
DELISTED
Ensco Rowan plc
ESV
| $135K | ﹤0.01% |
3,500
-47,500
| -93% | -$1.7M |
2016 Q2
2 quarters
|
|
2696
Acadia Realty Trust
AKR
$2.57B
| $134K | ﹤0.01% |
4,073
| – | – |
2013 Q2
14 quarters
|
|
|
CWBC
2697
Community West Bancshares
CWBC
$712M
| $134K | ﹤0.01% |
8,088
+1,608
| +25% | +$26.8K |
2016 Q3
1 quarter
|
|
|
CONN
2698
DELISTED
Conn's Inc.
CONN
| $134K | ﹤0.01% |
11,900
-33,200
| -74% | -$366K |
2014 Q1
11 quarters
|
|
|
CONN
2699
PUT
DELISTED
Conn's Inc.
CONN
| $134K | ﹤0.01% |
11,900
-33,200
| -74% | -$366K |
2016 Q2
2 quarters
|
|
|
GSV
2700
DELISTED
Gold Standard Ventures Corp.
GSV
| $134K | ﹤0.01% |
60,000
| – | – |
2016 Q1
3 quarters
|
|
Similar funds
Bank of Montreal's Q4 2016 Portfolio in Review
As of Q4 2016, Bank of Montreal held 4,383 positions worth $95.1B, up 3.8% from $91.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal deployed $3.15B of net new capital in Q4 2016, opening 329 new positions and adding to 1,588 existing holdings. Its largest new stake was Fortis: 19,376,017 shares worth $577M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 25% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $240M trimmed.
- Bank of Montreal's largest Q4 2016 buy was Fortis: 19,376,017 shares worth $577M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2016, an estimated $424M increase.
- Bank of Montreal's biggest Q4 2016 reduction was JPMorgan Chase, cutting an estimated $240M.
- Bank of Montreal fully exited SolarCity Corporation in Q4 2016, selling an estimated $55.2M.
- Bank of Montreal's ten largest holdings make up 23% of its $95.1B portfolio in Q4 2016.
- Bank of Montreal opened 329 new positions and closed 279 in Q4 2016.
- Bank of Montreal's portfolio value rose 3.8% quarter-over-quarter to $95.1B.
Based on Bank of Montreal's 13F filing for Q4 2016, filed 6 Feb 2017.