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 | |
|---|---|---|---|---|---|---|---|
|
AT
2951
DELISTED
Atlantic Power Corporation
AT
| $78K | ﹤0.01% |
29,438
+412
| +1% | +$1.02K |
2013 Q2
14 quarters
|
|
|
INSY
2952
DELISTED
Insys Therapeutics, Inc.
INSY
| $78K | ﹤0.01% |
6,600
-26,770
| -80% | -$302K |
2013 Q2
14 quarters
|
|
|
GAM
2953
General American Investors Company
GAM
$1.51B
| $77K | ﹤0.01% |
2,500
| – | – |
2013 Q2
14 quarters
|
|
2954
Independent Bank Corp
IBCP
$790M
| $77K | ﹤0.01% |
4,048
+1,829
| +82% | +$33.7K |
2016 Q2
2 quarters
|
|
|
RAS
2955
DELISTED
RAIT Financial Trust
RAS
| $77K | ﹤0.01% |
25,000
-10,000
| -29% | -$30.8K |
2014 Q1
11 quarters
|
|
2956
Eagle Bancorp
EGBN
$860M
| $76K | ﹤0.01% |
1,284
| – | – |
2013 Q2
14 quarters
|
|
|
XHR
2957
Xenia Hotels & Resorts
XHR
$1.67B
| $76K | ﹤0.01% |
4,323
+1,127
| +35% | +$19.2K |
2015 Q2
6 quarters
|
|
|
NTG
2958
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
| $76K | ﹤0.01% |
400
-100
| -20% | -$19K |
2013 Q2
14 quarters
|
|
2959
Cass Information Systems
CASS
$688M
| $75K | ﹤0.01% |
1,408
| – | – |
2013 Q2
14 quarters
|
|
2960
GoDaddy
GDDY
$12.3B
| $75K | ﹤0.01% |
2,119
+126
| +6% | +$4.42K |
2015 Q2
6 quarters
|
|
2961
iShares Dow Jones US ETF
IYY
$3.03B
| $75K | ﹤0.01% |
1,366
| – | – |
2013 Q2
14 quarters
|
|
2962
Nuveen AMT-Free Municipal Value Fund
NUW
$238M
| $75K | ﹤0.01% |
4,617
| – | – |
2016 Q2
2 quarters
|
|
2963
Titan International
TWI
$439M
| $75K | ﹤0.01% |
6,463
| – | – |
2013 Q2
14 quarters
|
|
|
ERUS
2964
DELISTED
iShares MSCI Russia ETF
ERUS
| $75K | ﹤0.01% |
2,430
+2,260
| +1,329% | +$68.9K |
2015 Q1
7 quarters
|
|
2965
Airgain
AIRG
$55.7M
| $74K | ﹤0.01% |
+3,751
| New | +$61.6K |
2016 Q4
0 quarters
|
|
2966
Banner Corp
BANR
$2.47B
| $74K | ﹤0.01% |
1,422
| – | – |
2013 Q3
13 quarters
|
|
2967
Modine Manufacturing
MOD
$10B
| $74K | ﹤0.01% |
6,263
| – | – |
2013 Q2
14 quarters
|
|
2968
PUT
Pembina Pipeline
PBA
$26.3B
| $74K | ﹤0.01% |
+2,500
| New | +$75.6K |
2016 Q4
0 quarters
|
|
|
PCN
2969
PIMCO Corporate & Income Strategy Fund
PCN
$811M
| $74K | ﹤0.01% |
5,000
-203
| -4% | -$3K |
2013 Q2
14 quarters
|
|
|
SAND
2970
CALL
DELISTED
Sandstorm Gold
SAND
| $74K | ﹤0.01% |
20,000
| – | – |
2016 Q3
1 quarter
|
|
|
HW
2971
DELISTED
Headwaters Inc
HW
| $74K | ﹤0.01% |
3,107
| – | – |
2013 Q2
14 quarters
|
|
2972
Abercrombie & Fitch
ANF
$5.79B
| $73K | ﹤0.01% |
5,091
-456
| -8% | -$6.77K |
2013 Q2
14 quarters
|
|
2973
PUT
Gran Tierra Energy
GTE
$354M
| $73K | ﹤0.01% |
+2,500
| New | +$74.4K |
2016 Q4
0 quarters
|
|
2974
Saic
SAIC
$5.29B
| $73K | ﹤0.01% |
882
+268
| +44% | +$20.6K |
2013 Q4
12 quarters
|
|
|
HMTV
2975
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $73K | ﹤0.01% |
6,171
| – | – |
2015 Q4
4 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.