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 |
Mastercard
MA
|
+$512M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$458M |
| 3 |
Toronto Dominion Bank
TD
|
+$275M |
| 4 |
Shopify
SHOP
|
+$265M |
| 5 |
TC Energy
TRP
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$202M |
| 3 |
Restaurant Brands International
QSR
|
+$198M |
| 4 |
Canadian Natural Resources
CNQ
|
+$121M |
| 5 |
Invitation Homes
INVH
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.93% |
| 2 | Technology | 14.17% |
| 3 | Miscellaneous | 12.5% |
| 4 | Healthcare | 8.07% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2801
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.08B
| $170K | ﹤0.01% |
8,999
-1,865
| -17% | -$35.1K |
2016 Q2
16 quarters
|
|
2802
Mercury Insurance
MCY
$5.67B
| $170K | ﹤0.01% |
4,355
+3,260
| +298% | +$131K |
2013 Q2
28 quarters
|
|
2803
Seaboard Corp
SEB
$3.86B
| $170K | ﹤0.01% |
+60
| New | +$182K |
2020 Q2
0 quarters
|
|
2804
Chemours
CC
$2.06B
| $168K | ﹤0.01% |
11,016
+6,130
| +125% | +$77.5K |
2015 Q3
19 quarters
|
|
2805
Energy Recovery
ERII
$347M
| $167K | ﹤0.01% |
24,270
+24,042
| +10,545% | +$190K |
2018 Q1
9 quarters
|
|
2806
First Merchants
FRME
$2.5B
| $167K | ﹤0.01% |
7,062
+3,304
| +88% | +$88.3K |
2014 Q4
22 quarters
|
|
2807
LendingTree
TREE
$342M
| $166K | ﹤0.01% |
553
+321
| +138% | +$77.5K |
2015 Q4
18 quarters
|
|
|
WRI
2808
DELISTED
Weingarten Realty Investors
WRI
| $166K | ﹤0.01% |
9,439
+4,851
| +106% | +$84.9K |
2013 Q2
28 quarters
|
|
|
FSP
2809
Franklin Street Properties
FSP
$36.5M
| $165K | ﹤0.01% |
34,444
+6,170
| +22% | +$32.7K |
2013 Q2
28 quarters
|
|
2810
Appian
APPN
$2.64B
| $164K | ﹤0.01% |
3,236
-2,138
| -40% | -$104K |
2017 Q4
10 quarters
|
|
2811
CareDx
CDNA
$3.42B
| $164K | ﹤0.01% |
+4,656
| New | +$133K |
2020 Q2
0 quarters
|
|
2812
Moog Inc Class A
MOG.A
$12.4B
| $164K | ﹤0.01% |
3,607
+2,822
| +359% | +$145K |
2013 Q2
28 quarters
|
|
2813
Atlantic Union Bankshares
AUB
$5.53B
| $163K | ﹤0.01% |
8,348
+3,217
| +63% | +$72.4K |
2018 Q1
9 quarters
|
|
|
PMT
2814
PennyMac Mortgage Investment
PMT
$683M
| $163K | ﹤0.01% |
9,575
+8,782
| +1,107% | +$105K |
2018 Q2
8 quarters
|
|
2815
Universal Technical Institute
UTI
$1.08B
| $163K | ﹤0.01% |
25,293
+2,341
| +10% | +$15.4K |
2017 Q2
12 quarters
|
|
|
IBTX
2816
DELISTED
Independent Bank Group, Inc.
IBTX
| $163K | ﹤0.01% |
4,437
+2,703
| +156% | +$87.5K |
2017 Q2
12 quarters
|
|
2817
Bank of Marin Bancorp
BMRC
$445M
| $162K | ﹤0.01% |
5,452
+934
| +21% | +$29.6K |
2016 Q1
17 quarters
|
|
2818
Vicor
VICR
$14.2B
| $162K | ﹤0.01% |
2,151
+1,609
| +297% | +$90.3K |
2017 Q1
13 quarters
|
|
|
PCOM
2819
DELISTED
Points.com Inc. Common Shares
PCOM
| $162K | ﹤0.01% |
15,650
+3,000
| +24% | +$26.8K |
2015 Q2
20 quarters
|
|
2820
Antero Resources
AR
$10.5B
| $161K | ﹤0.01% |
58,922
-26,488
| -31% | -$69.4K |
2013 Q4
26 quarters
|
|
2821
First Trust STOXX European Select Dividend Income Fund
FDD
$864M
| $161K | ﹤0.01% |
15,400
| – | – |
2019 Q3
3 quarters
|
|
2822
Genmab
GMAB
$21.3B
| $161K | ﹤0.01% |
4,511
+193
| +4% | +$5.26K |
2019 Q4
2 quarters
|
|
|
THM
2823
International Tower Hill Mines
THM
$649M
| $161K | ﹤0.01% |
81,450
| – | – |
2013 Q3
27 quarters
|
|
2824
Upwork
UPWK
$1.01B
| $161K | ﹤0.01% |
9,752
+7,806
| +401% | +$81.9K |
2019 Q1
5 quarters
|
|
2825
NCR Voyix
VYX
$929M
| $161K | ﹤0.01% |
16,258
+1,365
| +9% | +$15.6K |
2013 Q2
28 quarters
|
|
Similar funds
Bank of Montreal's Q2 2020 Portfolio in Review
As of Q2 2020, Bank of Montreal held 4,997 positions worth $110B, up 26% from $87.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2020 filing shows 847 new, 2,326 increased, 1,132 reduced and 338 closed positions. Its largest new stake was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M. The largest sale was Amazon, an estimated $363M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Technology and Miscellaneous.
- Bank of Montreal's largest Q2 2020 buy was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M.
- Bank of Montreal added most to Mastercard in Q2 2020, an estimated $512M increase.
- Bank of Montreal's biggest Q2 2020 reduction was Amazon, cutting an estimated $363M.
- Bank of Montreal fully exited Allergan plc in Q2 2020, selling an estimated $94M.
- Bank of Montreal's ten largest holdings make up 22% of its $110B portfolio in Q2 2020.
- Bank of Montreal opened 847 new positions and closed 338 in Q2 2020.
- Bank of Montreal's portfolio value rose 26% quarter-over-quarter to $110B.
Based on Bank of Montreal's 13F filing for Q2 2020, filed 12 Aug 2020.