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 | Energy | 8.74% |
| 4 | Communication Services | 8.14% |
| 5 | Industrials | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2976
Merit Medical Systems
MMSI
$5.42B
| $282K | ﹤0.01% |
9,038
+1,948
| +27% | +$55.8K |
|
2977
PUT
TherapeuticsMD
TXMD
$24M
| $282K | ﹤0.01% |
2,328
-3,098
| -57% | -$445K |
|
2978
Ironwood Pharmaceuticals
IRWD
$712M
| $281K | ﹤0.01% |
21,125
+7,649
| +57% | +$84.3K |
|
2979
Evolus
EOLS
$538M
| $278K | ﹤0.01% |
22,906
-43,847
| -66% | -$618K |
|
2980
Gladstone Investment Corp
GAIN
$649M
| $278K | ﹤0.01% |
21,000
| – | – |
|
2981
PIMCO Dynamic Income Fund
PDI
$7.27B
| $278K | ﹤0.01% |
8,555
+1,070
| +14% | +$35.3K |
|
2982
Resideo Technologies
REZI
$3.1B
| $278K | ﹤0.01% |
23,317
-31,528
| -57% | -$359K |
|
2983
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.19B
| $277K | ﹤0.01% |
10,864
| – | – |
|
2984
Towne Bank
TOWN
$3.5B
| $277K | ﹤0.01% |
9,970
+2,786
| +39% | +$78.1K |
|
|
CKH
2985
DELISTED
Seacor Holdings Inc.
CKH
| $276K | ﹤0.01% |
6,406
+629
| +11% | +$27.5K |
|
2986
Northwest Bancshares
NWBI
$2.31B
| $275K | ﹤0.01% |
16,534
+3,497
| +27% | +$58.4K |
|
|
PMT
2987
PennyMac Mortgage Investment
PMT
$824M
| $275K | ﹤0.01% |
12,309
+3,496
| +40% | +$79.1K |
|
|
KAMN
2988
DELISTED
Kaman Corp
KAMN
| $275K | ﹤0.01% |
4,179
+784
| +23% | +$49K |
|
2989
CALL
Cenovus Energy
CVE
$57.2B
| $273K | ﹤0.01% |
26,900
-393,200
| -94% | -$3.57M |
|
2990
Village Farms International
VFF
$309M
| $273K | ﹤0.01% |
43,921
-29,746
| -40% | -$212K |
|
|
MRCC
2991
DELISTED
Monroe Capital Corp
MRCC
| $272K | ﹤0.01% |
25,000
| – | – |
|
2992
First Interstate BancSystem
FIBK
$3.73B
| $271K | ﹤0.01% |
6,477
+1,528
| +31% | +$64K |
|
2993
Cavco Industries
CVCO
$4.65B
| $270K | ﹤0.01% |
1,385
+268
| +24% | +$52.5K |
|
2994
iShares Russell Mid-Cap Value ETF
IWS
$16.1B
| $270K | ﹤0.01% |
2,857
+2,039
| +249% | +$186K |
|
2995
Silgan Holdings
SLGN
$4.49B
| $270K | ﹤0.01% |
8,707
+4,358
| +100% | +$133K |
|
|
AMWD
2996
DELISTED
American Woodmark
AMWD
| $269K | ﹤0.01% |
2,563
+756
| +42% | +$76K |
|
|
AXDX
2997
DELISTED
Accelerate Diagnostics
AXDX
| $269K | ﹤0.01% |
1,586
-5,124
| -76% | -$846K |
|
2998
Cars.com
CARS
$663M
| $269K | ﹤0.01% |
22,088
-6
| -0% | -$70 |
|
2999
Gentherm
THRM
$1.35B
| $269K | ﹤0.01% |
6,076
-31,212
| -84% | -$1.33M |
|
3000
Kinsale Capital Group
KNSL
$8.64B
| $268K | ﹤0.01% |
2,636
+844
| +47% | +$84K |
|
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 $10.1B 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 Energy.
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.