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 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.57% |
| 2 | Technology | 10.16% |
| 3 | Energy | 9.49% |
| 4 | Industrials | 8.49% |
| 5 | Communication Services | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
Eagle Bancorp
EGBN
$875M
| $171K | ﹤0.01% |
3,847
-60,960
| -94% | -$2.66M |
|
3002
Universal Corp
UVV
$1.12B
| $171K | ﹤0.01% |
3,110
-153
| -5% | -$8.58K |
|
3003
AZZ Inc
AZZ
$4.55B
| $170K | ﹤0.01% |
3,923
+117
| +3% | +$5.11K |
|
3004
Inogen
INGN
$153M
| $170K | ﹤0.01% |
3,550
-9,611
| -73% | -$501K |
|
3005
Provident Financial Services
PFS
$3.22B
| $170K | ﹤0.01% |
6,882
-976
| -12% | -$23.7K |
|
3006
Tilray
TLRY
$629M
| $170K | ﹤0.01% |
689
-2,572
| -79% | -$937K |
|
|
WW
3007
DELISTED
WW International
WW
| $170K | ﹤0.01% |
4,477
-1,364
| -23% | -$38.5K |
|
3008
Amplify Cybersecurity ETF
HACK
$2.99B
| $169K | ﹤0.01% |
4,514
-1,961
| -30% | -$76.9K |
|
|
ALDR
3009
DELISTED
Alder Biopharmaceuticals
ALDR
| $169K | ﹤0.01% |
8,932
-12,496
| -58% | -$143K |
|
|
NCI
3010
DELISTED
Navigant Consulting, Inc.
NCI
| $169K | ﹤0.01% |
6,098
+77
| +1% | +$2.03K |
|
3011
PUT
3D Systems Corp
DDD
$620M
| $168K | ﹤0.01% |
20,600
| – | – |
|
3012
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $168K | ﹤0.01% |
4,688
| – | – |
|
3013
Oxford Industries
OXM
$545M
| $168K | ﹤0.01% |
2,334
-14,183
| -86% | -$999K |
|
3014
World Acceptance Corp
WRLD
$908M
| $168K | ﹤0.01% |
1,309
-205
| -14% | -$29K |
|
|
HTLF
3015
DELISTED
Heartland Financial USA, Inc.
HTLF
| $168K | ﹤0.01% |
3,774
+293
| +8% | +$13.1K |
|
|
XLRN
3016
DELISTED
Acceleron Pharma
XLRN
| $168K | ﹤0.01% |
4,261
+339
| +9% | +$14.7K |
|
3017
Capitol Federal Financial
CFFN
$1.08B
| $167K | ﹤0.01% |
12,114
+1,021
| +9% | +$13.9K |
|
3018
DNOW Inc
DNOW
$2.98B
| $167K | ﹤0.01% |
14,614
-62
| -0.4% | -$766 |
|
3019
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $167K | ﹤0.01% |
+3,306
| New | +$167K |
|
3020
PUT
Alaunos Therapeutics
TCRT
$4.76M
| $167K | ﹤0.01% |
261
| – | – |
|
3021
Telecom Argentina
TEO
$5.75B
| $167K | ﹤0.01% |
+16,697
| New | +$220K |
|
3022
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$794M
| $166K | ﹤0.01% |
8,490
-710
| -8% | -$14.1K |
|
|
MTOR
3023
DELISTED
MERITOR, Inc.
MTOR
| $166K | ﹤0.01% |
8,942
-3,290
| -27% | -$66.6K |
|
|
RAVN
3024
DELISTED
Raven Industries Inc
RAVN
| $166K | ﹤0.01% |
4,979
-130
| -3% | -$4.37K |
|
|
HUYA
3025
Huya Inc
HUYA
$526M
| $165K | ﹤0.01% |
6,960
-1,172
| -14% | -$27.6K |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.