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
|
+$475M |
| 2 |
Blackstone
BX
|
+$315M |
| 3 |
AABA
Altaba Inc
AABA
|
+$298M |
| 4 |
SPDR Gold Trust
GLD
|
+$237M |
| 5 |
Eli Lilly
LLY
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$384M |
| 2 |
Merck
MRK
|
+$284M |
| 3 |
Enterprise Products Partners
EPD
|
+$266M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
+$261M |
| 5 |
Royal Bank of Canada
RY
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.66% |
| 2 | Miscellaneous | 10.37% |
| 3 | Energy | 9.81% |
| 4 | Technology | 9.71% |
| 5 | Industrials | 8.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2676
Sterling Infrastructure
STRL
$15.5B
| $202K | ﹤0.01% |
12,436
-7,354
| -37% | -$121K |
2016 Q4
4 quarters
|
|
|
NCOM
2677
DELISTED
National Commerce Corporation
NCOM
| $202K | ﹤0.01% |
5,016
| – | – |
2016 Q4
4 quarters
|
|
|
INFN
2678
DELISTED
Infinera Corporation Common Stock
INFN
| $201K | ﹤0.01% |
31,816
-5,907
| -16% | -$45K |
2016 Q4
4 quarters
|
|
2679
PUT
Gogo Inc
GOGO
$294M
| $200K | ﹤0.01% |
+17,700
| New | +$188K |
2017 Q4
0 quarters
|
|
|
HTBK
2680
DELISTED
Heritage Commerce
HTBK
| $200K | ﹤0.01% |
13,042
+3,782
| +41% | +$57.5K |
2015 Q4
8 quarters
|
|
|
FCT
2681
DELISTED
First Trust Senior Floating Rate Income Fund II
FCT
| $199K | ﹤0.01% |
15,456
| – | – |
2017 Q3
1 quarter
|
|
2682
Smart Sand
SND
$219M
| $199K | ﹤0.01% |
22,974
+306
| +1% | +$2.37K |
2017 Q2
2 quarters
|
|
|
GBT
2683
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $199K | ﹤0.01% |
5,050
-6,850
| -58% | -$256K |
2017 Q1
3 quarters
|
|
|
BV
2684
DELISTED
Bazaarvoice, Inc.
BV
| $199K | ﹤0.01% |
36,564
+3,329
| +10% | +$16.8K |
2016 Q1
7 quarters
|
|
|
FTR
2685
DELISTED
Frontier Communications Corp.
FTR
| $198K | ﹤0.01% |
29,170
+21,522
| +281% | +$201K |
2013 Q2
18 quarters
|
|
2686
PUT
Applied Optoelectronics
AAOI
$9.11B
| $197K | ﹤0.01% |
5,200
-15,800
| -75% | -$697K |
2017 Q2
2 quarters
|
|
|
WIN
2687
DELISTED
Windstream Holdings Inc
WIN
| $197K | ﹤0.01% |
21,386
+20,401
| +2,071% | +$209K |
2013 Q2
18 quarters
|
|
2688
Meritage Homes
MTH
$4.2B
| $196K | ﹤0.01% |
7,692
| – | – |
2017 Q2
2 quarters
|
|
2689
Invesco Large Cap Value ETF
PWV
$1.8B
| $196K | ﹤0.01% |
5,060
-339
| -6% | -$13K |
2013 Q2
18 quarters
|
|
2690
Modine Manufacturing
MOD
$10B
| $195K | ﹤0.01% |
9,661
+475
| +5% | +$10.2K |
2013 Q2
18 quarters
|
|
2691
Global X SuperDividend ETF
SDIV
$1.15B
| $195K | ﹤0.01% |
2,972
-270
| -8% | -$17.5K |
2014 Q4
12 quarters
|
|
2692
CVB Financial
CVBF
$3.87B
| $194K | ﹤0.01% |
8,237
-9
| -0.1% | -$214 |
2013 Q2
18 quarters
|
|
|
CCRN
2693
DELISTED
Cross Country Healthcare
CCRN
| $193K | ﹤0.01% |
15,215
-666
| -4% | -$8.8K |
2013 Q2
18 quarters
|
|
|
OBE
2694
Obsidian Energy
OBE
$697M
| $193K | ﹤0.01% |
22,210
-6,779
| -23% | -$54.9K |
2017 Q3
1 quarter
|
|
2695
Dycom Industries
DY
$8.14B
| $192K | ﹤0.01% |
1,729
+286
| +20% | +$27.6K |
2013 Q2
18 quarters
|
|
|
ACIA
2696
DELISTED
Acacia Communications Inc
ACIA
| $192K | ﹤0.01% |
5,300
-4,750
| -47% | -$194K |
2016 Q4
4 quarters
|
|
|
ACIA
2697
PUT
DELISTED
Acacia Communications Inc
ACIA
| $192K | ﹤0.01% |
5,300
-4,500
| -46% | -$184K |
2017 Q3
1 quarter
|
|
|
TSLF
2698
DELISTED
THL CREDIT SENIOR LOAN FUND
TSLF
| $192K | ﹤0.01% |
11,372
-38
| -0.3% | -$645 |
2017 Q3
1 quarter
|
|
|
TPC
2699
Tutor Perini Cor
TPC
$4.38B
| $191K | ﹤0.01% |
7,550
+5,788
| +328% | +$154K |
2014 Q2
14 quarters
|
|
2700
EPAM Systems
EPAM
$5.9B
| $190K | ﹤0.01% |
1,773
+944
| +114% | +$93.4K |
2015 Q4
8 quarters
|
|
Similar funds
Bank of Montreal's Q4 2017 Portfolio in Review
As of Q4 2017, Bank of Montreal held 4,524 positions worth $115B, up 5.4% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal's Q4 2017 filing shows 340 new, 1,586 increased, 1,488 reduced and 306 closed positions. Its largest new stake was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $384M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 27% a quarter earlier, followed by Miscellaneous and Energy.
- Bank of Montreal's largest Q4 2017 buy was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $475M increase.
- Bank of Montreal's biggest Q4 2017 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $384M.
- Bank of Montreal fully exited CR Bard Inc. in Q4 2017, selling an estimated $120M.
- Bank of Montreal's ten largest holdings make up 20% of its $115B portfolio in Q4 2017.
- Bank of Montreal opened 340 new positions and closed 306 in Q4 2017.
- Bank of Montreal's portfolio value rose 5.4% quarter-over-quarter to $115B.
Based on Bank of Montreal's 13F filing for Q4 2017, filed 16 Jan 2018.