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 | Miscellaneous | 10.58% |
| 4 | Energy | 8.74% |
| 5 | Communication Services | 8.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
3001
NYLIM Hedge Multi-Strategy Tracker ETF
QAI
$1B
| $268K | ﹤0.01% |
+8,688
| New | +$268K |
2019 Q4
0 quarters
|
|
3002
VirnetX Holding Corp
VHC
$42.2M
| $268K | ﹤0.01% |
3,526
+122
| +4% | +$12.3K |
2015 Q3
17 quarters
|
|
3003
AppFolio
APPF
$7.29B
| $267K | ﹤0.01% |
2,429
+606
| +33% | +$61.8K |
2016 Q4
12 quarters
|
|
3004
Invesco S&P 500 Pure Value ETF
RPV
$1.65B
| $266K | ﹤0.01% |
3,834
-70
| -2% | -$4.68K |
2013 Q2
26 quarters
|
|
|
APRN
3005
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $266K | ﹤0.01% |
3,376
+1,584
| +88% | +$144K |
2017 Q3
9 quarters
|
|
|
WIRE
3006
DELISTED
Encore Wire Corp
WIRE
| $265K | ﹤0.01% |
4,611
-26,222
| -85% | -$1.51M |
2013 Q2
26 quarters
|
|
3007
First Business Financial Services
FBIZ
$590M
| $264K | ﹤0.01% |
9,985
-3,790
| -28% | -$94K |
2013 Q2
26 quarters
|
|
3008
Installed Building Products
IBP
$5.13B
| $264K | ﹤0.01% |
3,830
+783
| +26% | +$52.8K |
2016 Q2
14 quarters
|
|
3009
Tidewater
TDW
$4.1B
| $264K | ﹤0.01% |
13,701
+1,965
| +17% | +$31.4K |
2013 Q2
26 quarters
|
|
|
UHT
3010
Universal Health Realty Income Trust
UHT
$505M
| $264K | ﹤0.01% |
2,241
+1,010
| +82% | +$115K |
2013 Q2
26 quarters
|
|
|
ROCC
3011
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $264K | ﹤0.01% |
8,735
+384
| +5% | +$10.2K |
2018 Q2
6 quarters
|
|
3012
iRhythm Holdings
IRTC
$3.64B
| $262K | ﹤0.01% |
3,847
+1,637
| +74% | +$111K |
2018 Q1
7 quarters
|
|
3013
Nordic American Tanker
NAT
$1.75B
| $262K | ﹤0.01% |
53,162
-702
| -1% | -$2.68K |
2013 Q2
26 quarters
|
|
3014
Tronox
TROX
$620M
| $262K | ﹤0.01% |
22,909
+3,213
| +16% | +$32.1K |
2015 Q4
16 quarters
|
|
|
LTHM
3015
DELISTED
Livent Corporation
LTHM
| $262K | ﹤0.01% |
30,684
+4,264
| +16% | +$32.6K |
2019 Q1
3 quarters
|
|
3016
PUT
B2Gold
BTG
$6.83B
| $261K | ﹤0.01% |
65,000
| – | – |
2019 Q1
3 quarters
|
|
3017
Methode Electronics
MEI
$541M
| $261K | ﹤0.01% |
6,636
+1,239
| +23% | +$45K |
2013 Q2
26 quarters
|
|
3018
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.07B
| $261K | ﹤0.01% |
+9,859
| New | +$261K |
2019 Q4
0 quarters
|
|
3019
State Street SPDR S&P International Small Cap ETF
GWX
$924M
| $260K | ﹤0.01% |
8,146
-28,928
| -78% | -$893K |
2013 Q2
26 quarters
|
|
3020
PUT
Inseego
INSG
$77.8M
| $260K | ﹤0.01% |
3,550
-7,640
| -68% | -$441K |
2019 Q3
1 quarter
|
|
3021
Bank of Marin Bancorp
BMRC
$446M
| $259K | ﹤0.01% |
5,741
+346
| +6% | +$15.3K |
2016 Q1
15 quarters
|
|
3022
Equinor
EQNR
$101B
| $259K | ﹤0.01% |
13,032
+2,567
| +25% | +$48.6K |
2013 Q2
26 quarters
|
|
3023
Global Net Lease
GNL
$1.91B
| $259K | ﹤0.01% |
12,780
-5,483
| -30% | -$108K |
2017 Q2
10 quarters
|
|
3024
iShares Global Healthcare ETF
IXJ
$4.23B
| $259K | ﹤0.01% |
3,768
+2,085
| +124% | +$135K |
2013 Q2
26 quarters
|
|
3025
Galectin Therapeutics
GALT
$393M
| $258K | ﹤0.01% |
90,260
+1,447
| +2% | +$5.03K |
2018 Q2
6 quarters
|
|
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 $8.58B 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 Miscellaneous.
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.