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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.65% |
| 2 | Technology | 12.03% |
| 3 | Miscellaneous | 11.59% |
| 4 | Healthcare | 8.72% |
| 5 | Industrials | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
AMRN
2801
Amarin Corp
AMRN
$261M
| $62K | ﹤0.01% |
586
-2
| -0.3% | -$664 |
2018 Q3
6 quarters
|
|
2802
Global X MSCI China Consumer Discretionary ETF
CHIQ
$100M
| $62K | ﹤0.01% |
+4,000
| New | +$71.8K |
2020 Q1
0 quarters
|
|
|
GTLS
2803
DELISTED
Chart Industries
GTLS
| $62K | ﹤0.01% |
2,332
-6,924
| -75% | -$376K |
2013 Q2
27 quarters
|
|
2804
Vanguard Industrials ETF
VIS
$7.78B
| $62K | ﹤0.01% |
583
-6,296
| -92% | -$893K |
2013 Q3
26 quarters
|
|
|
CORR
2805
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $62K | ﹤0.01% |
3,436
-104
| -3% | -$3.94K |
2014 Q3
22 quarters
|
|
|
ANDAR
2806
DELISTED
Andina Acquisition Corp. III Right
ANDAR
| $62K | ﹤0.01% |
500,000
| – | – |
2019 Q4
1 quarter
|
|
|
VSLR
2807
DELISTED
VIVINT SOLAR, INC.
VSLR
| $62K | ﹤0.01% |
14,800
-5,640
| -28% | -$47.9K |
2018 Q2
7 quarters
|
|
|
VSLR
2808
PUT
DELISTED
VIVINT SOLAR, INC.
VSLR
| $62K | ﹤0.01% |
14,800
| – | – |
2019 Q4
1 quarter
|
|
|
BEAT
2809
DELISTED
BioTelemetry, Inc.
BEAT
| $62K | ﹤0.01% |
1,662
-5,771
| -78% | -$266K |
2015 Q1
20 quarters
|
|
2810
CALL
Alcoa
AA
$11.1B
| $61K | ﹤0.01% |
+10,000
| New | +$137K |
2020 Q1
0 quarters
|
|
|
CVSA
2811
Covista Inc
CVSA
$4.27B
| $61K | ﹤0.01% |
2,465
-11,562
| -82% | -$368K |
2013 Q2
27 quarters
|
|
2812
Frontline
FRO
$11.7B
| $61K | ﹤0.01% |
7,289
-219
| -3% | -$2.04K |
2013 Q2
27 quarters
|
|
2813
Antero Resources
AR
$10.5B
| $60K | ﹤0.01% |
85,410
-133,411
| -61% | -$223K |
2013 Q4
25 quarters
|
|
2814
Cheesecake Factory
CAKE
$5.46B
| $60K | ﹤0.01% |
3,960
-7,818
| -66% | -$263K |
2013 Q2
27 quarters
|
|
2815
First Interstate BancSystem
FIBK
$3.43B
| $60K | ﹤0.01% |
2,078
-4,399
| -68% | -$158K |
2013 Q2
27 quarters
|
|
2816
iShares Global Energy ETF
IXC
$2.95B
| $60K | ﹤0.01% |
3,348
+248
| +8% | +$6.19K |
2013 Q2
27 quarters
|
|
|
SJT
2817
San Juan Basin Royalty Trust
SJT
$175M
| $60K | ﹤0.01% |
30,400
| – | – |
2013 Q2
27 quarters
|
|
2818
Sasol
SSL
$8.94B
| $60K | ﹤0.01% |
27,189
+269
| +1% | +$3.44K |
2013 Q2
27 quarters
|
|
2819
iShares MSCI World ETF
URTH
$8.24B
| $60K | ﹤0.01% |
+788
| New | +$72.8K |
2020 Q1
0 quarters
|
|
2820
James Hardie Industries
JHX
$14.5B
| $59K | ﹤0.01% |
4,786
-2,801
| -37% | -$51.2K |
2015 Q4
17 quarters
|
|
|
NQP
2821
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $59K | ﹤0.01% |
4,679
+3,794
| +429% | +$53.2K |
2019 Q4
1 quarter
|
|
2822
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$477M
| $59K | ﹤0.01% |
1,360
| – | – |
2019 Q4
1 quarter
|
|
2823
Agios Pharmaceuticals
AGIO
$1.9B
| $58K | ﹤0.01% |
1,560
-7,717
| -83% | -$357K |
2014 Q1
24 quarters
|
|
2824
Invesco CurrencyShares Japanese Yen Trust
FXY
$462M
| $58K | ﹤0.01% |
658
+495
| +304% | +$43.1K |
2019 Q3
2 quarters
|
|
2825
Goosehead Insurance
GSHD
$1.08B
| $58K | ﹤0.01% |
1,387
-57
| -4% | -$2.82K |
2019 Q2
3 quarters
|
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $15.3B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Miscellaneous.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.