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 | |
|---|---|---|---|---|---|---|---|
2801
PUT
PBF Energy
PBF
$9.58B
| $392K | ﹤0.01% |
+12,500
| New | +$385K |
2019 Q4
0 quarters
|
|
2802
Chord Energy
CHRD
$7.49B
| $391K | ﹤0.01% |
119,701
+13,809
| +13% | +$39.5K |
2013 Q2
26 quarters
|
|
2803
FTAI Aviation
FTAI
$17.2B
| $391K | ﹤0.01% |
23,420
| – | – |
2016 Q2
14 quarters
|
|
2804
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$20B
| $390K | ﹤0.01% |
+7,905
| New | +$389K |
2019 Q4
0 quarters
|
|
|
EWSC
2805
DELISTED
Invesco S&P SmallCap 600 Equal Weight ETF
EWSC
| $388K | ﹤0.01% |
6,828
+2,100
| +44% | +$115K |
2019 Q2
2 quarters
|
|
2806
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$360M
| $387K | ﹤0.01% |
292
+35
| +14% | +$54K |
2019 Q1
3 quarters
|
|
2807
WisdomTree India Earnings Fund ETF
EPI
$1.83B
| $385K | ﹤0.01% |
15,459
-61
| -0.4% | -$1.48K |
2013 Q2
26 quarters
|
|
2808
Matsons
MATX
$6.91B
| $385K | ﹤0.01% |
9,424
+50
| +0.5% | +$1.91K |
2013 Q2
26 quarters
|
|
2809
Gabelli Equity Trust
GAB
$1.8B
| $384K | ﹤0.01% |
64,566
+891
| +1% | +$5.29K |
2013 Q2
26 quarters
|
|
|
KRTX
2810
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $382K | ﹤0.01% |
+5,077
| New | +$222K |
2019 Q4
0 quarters
|
|
|
MDP
2811
DELISTED
Meredith Corporation
MDP
| $381K | ﹤0.01% |
11,734
+4,939
| +73% | +$176K |
2013 Q2
26 quarters
|
|
2812
Elanco Animal Health
ELAN
$11.1B
| $380K | ﹤0.01% |
12,885
-7,806
| -38% | -$212K |
2018 Q3
5 quarters
|
|
2813
Amplify Alternative Harvest ETF
MJ
$104M
| $378K | ﹤0.01% |
1,839
-2,721
| -60% | -$600K |
2018 Q4
4 quarters
|
|
|
MDRX
2814
DELISTED
Veradigm Inc. Common Stock
MDRX
| $377K | ﹤0.01% |
38,394
+15,351
| +67% | +$162K |
2013 Q2
26 quarters
|
|
2815
Tanger
SKT
$4.03B
| $376K | ﹤0.01% |
25,498
-75,970
| -75% | -$1.19M |
2013 Q2
26 quarters
|
|
|
CET
2816
Central Securities Corp
CET
$1.66B
| $375K | ﹤0.01% |
11,344
-900
| -7% | -$29K |
2013 Q2
26 quarters
|
|
2817
Novanta
NOVT
$5.65B
| $375K | ﹤0.01% |
4,243
+1,289
| +44% | +$111K |
2019 Q2
2 quarters
|
|
2818
CALL
Petrobras
PBR
$140B
| $375K | ﹤0.01% |
+23,500
| New | +$359K |
2019 Q4
0 quarters
|
|
|
CADE
2819
DELISTED
Cadence Bancorporation
CADE
| $375K | ﹤0.01% |
20,716
+5,188
| +33% | +$86.7K |
2018 Q1
7 quarters
|
|
2820
Tenable Holdings
TENB
$4.06B
| $373K | ﹤0.01% |
15,565
+11,063
| +246% | +$270K |
2018 Q3
5 quarters
|
|
2821
Trinity Industries
TRN
$2.08B
| $373K | ﹤0.01% |
16,849
+6,834
| +68% | +$139K |
2013 Q2
26 quarters
|
|
|
LM
2822
DELISTED
Legg Mason, Inc.
LM
| $372K | ﹤0.01% |
10,348
+2,646
| +34% | +$98.2K |
2013 Q2
26 quarters
|
|
|
CSGS
2823
DELISTED
CSG Systems International
CSGS
| $371K | ﹤0.01% |
7,158
+544
| +8% | +$29.4K |
2013 Q2
26 quarters
|
|
2824
PUT
Camping World
CWH
$321M
| $370K | ﹤0.01% |
25,100
| – | – |
2019 Q2
2 quarters
|
|
2825
PUT
Xerox
XRX
$397M
| $369K | ﹤0.01% |
+10,000
| New | +$350K |
2019 Q4
0 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.