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 | |
|---|---|---|---|---|---|---|---|
2776
The GEO Group
GEO
$4.05B
| $113K | ﹤0.01% |
5,094
-2,387
| -32% | -$46.5K |
2014 Q3
9 quarters
|
|
|
AXDX
2777
PUT
DELISTED
Accelerate Diagnostics
AXDX
| $112K | ﹤0.01% |
450
| – | – |
2016 Q1
3 quarters
|
|
2778
Clearwater Paper
CLW
$314M
| $112K | ﹤0.01% |
1,792
| – | – |
2013 Q2
14 quarters
|
|
2779
Mitek Systems
MITK
$810M
| $112K | ﹤0.01% |
19,938
+3,962
| +25% | +$25.9K |
2015 Q4
4 quarters
|
|
|
ICD
2780
DELISTED
Independence Contract Drilling, Inc.
ICD
| $112K | ﹤0.01% |
993
+198
| +25% | +$22.2K |
2014 Q3
9 quarters
|
|
2781
Citizens & Northern Corp
CZNC
$452M
| $111K | ﹤0.01% |
4,665
| – | – |
2015 Q4
4 quarters
|
|
2782
Invesco Trust Investment Grade Municipals
VGM
$475M
| $111K | ﹤0.01% |
8,900
-375
| -4% | -$4.89K |
2013 Q2
14 quarters
|
|
|
OMED
2783
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $111K | ﹤0.01% |
13,160
| – | – |
2013 Q4
12 quarters
|
|
2784
Allegiant Air
ALGT
$2.06B
| $110K | ﹤0.01% |
670
-6,246
| -90% | -$977K |
2013 Q2
14 quarters
|
|
2785
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$564M
| $110K | ﹤0.01% |
4,393
| – | – |
2016 Q2
2 quarters
|
|
2786
Invesco Global Listed Private Equity ETF
PSP
$213M
| $110K | ﹤0.01% |
2,018
-322
| -14% | -$17.4K |
2015 Q2
6 quarters
|
|
2787
Champion Homes
SKY
$4.75B
| $110K | ﹤0.01% |
+8,558
| New | +$113K |
2016 Q4
0 quarters
|
|
|
CGNT
2788
DELISTED
Cogentix Medical, Inc.
CGNT
| $110K | ﹤0.01% |
+42,270
| New | +$86.3K |
2016 Q4
0 quarters
|
|
2789
Alnylam Pharmaceuticals
ALNY
$30.9B
| $109K | ﹤0.01% |
2,484
+1,925
| +344% | +$80.6K |
2013 Q2
14 quarters
|
|
2790
AdvanSix
ASIX
$431M
| $109K | ﹤0.01% |
+5,834
| New | +$105K |
2016 Q4
0 quarters
|
|
|
CHI
2791
Calamos Convertible Opportunities and Income Fund
CHI
$920M
| $109K | ﹤0.01% |
11,064
-1,500
| -12% | -$14.9K |
2016 Q1
3 quarters
|
|
2792
Clean Harbors
CLH
$16.5B
| $109K | ﹤0.01% |
2,043
| – | – |
2013 Q2
14 quarters
|
|
2793
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.54B
| $109K | ﹤0.01% |
4,000
| – | – |
2013 Q2
14 quarters
|
|
2794
Otter Tail
OTTR
$3.71B
| $109K | ﹤0.01% |
2,844
| – | – |
2015 Q3
5 quarters
|
|
2795
Liberty Media Corporation Series A Common Stock
FWONA
$21B
| $108K | ﹤0.01% |
3,607
+2,863
| +385% | +$81.9K |
2013 Q2
14 quarters
|
|
2796
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.1B
| $108K | ﹤0.01% |
+2,470
| New | +$108K |
2016 Q4
0 quarters
|
|
2797
Iridium Communications
IRDM
$5.07B
| $108K | ﹤0.01% |
12,248
+3,867
| +46% | +$34.5K |
2014 Q2
10 quarters
|
|
2798
PUT
Thomson Reuters
TRI
$43B
| $108K | ﹤0.01% |
+2,154
| New | +$105K |
2016 Q4
0 quarters
|
|
|
CBL
2799
DELISTED
CBL& Associates Properties, Inc.
CBL
| $108K | ﹤0.01% |
9,085
-3,385
| -27% | -$39.2K |
2013 Q2
14 quarters
|
|
2800
Agios Pharmaceuticals
AGIO
$1.94B
| $107K | ﹤0.01% |
1,852
-7,571
| -80% | -$397K |
2014 Q1
11 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.