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 | |
|---|---|---|---|---|---|---|---|
3001
VanEck Preferred Securities ex Financials ETF
PFXF
$2.35B
| $118K | ﹤0.01% |
6,448
| – | – |
2018 Q4
6 quarters
|
|
3002
PUT
Vuzix
VUZI
$243M
| $118K | ﹤0.01% |
35,200
+11,200
| +47% | +$23.2K |
2019 Q2
4 quarters
|
|
3003
Enanta Pharmaceuticals
ENTA
$374M
| $117K | ﹤0.01% |
2,301
+1,708
| +288% | +$88.4K |
2017 Q3
11 quarters
|
|
3004
Invesco Municipal Opportunity Trust
VMO
$563M
| $117K | ﹤0.01% |
9,651
-720
| -7% | -$8.3K |
2019 Q4
2 quarters
|
|
3005
Agios Pharmaceuticals
AGIO
$1.94B
| $116K | ﹤0.01% |
2,176
+616
| +39% | +$28.5K |
2014 Q1
25 quarters
|
|
|
BFZ
3006
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $116K | ﹤0.01% |
8,787
-630
| -7% | -$7.98K |
2019 Q4
2 quarters
|
|
3007
James Hardie Industries
JHX
$14.6B
| $116K | ﹤0.01% |
6,265
+1,479
| +31% | +$22.7K |
2015 Q4
18 quarters
|
|
3008
Par Pacific Holdings
PARR
$4.32B
| $116K | ﹤0.01% |
14,286
+10,177
| +248% | +$87.6K |
2018 Q1
9 quarters
|
|
|
TEF
3009
DELISTED
Telefonica
TEF
| $116K | ﹤0.01% |
30,581
+13,464
| +79% | +$52.2K |
2013 Q2
28 quarters
|
|
|
MFA
3010
MFA Financial
MFA
$782M
| $115K | ﹤0.01% |
12,430
+11,615
| +1,425% | +$89.9K |
2013 Q2
28 quarters
|
|
3011
Towne Bank
TOWN
$3.32B
| $115K | ﹤0.01% |
6,870
+4,878
| +245% | +$90.5K |
2014 Q1
25 quarters
|
|
|
SIX
3012
DELISTED
Six Flags Entertainment Corp.
SIX
| $115K | ﹤0.01% |
6,024
+4,786
| +387% | +$95.2K |
2013 Q2
28 quarters
|
|
|
DHIL
3013
DELISTED
Diamond Hill
DHIL
| $114K | ﹤0.01% |
+1,016
| New | +$106K |
2020 Q2
0 quarters
|
|
|
DX
3014
Dynex Capital
DX
$2.75B
| $114K | ﹤0.01% |
8,406
+1,485
| +21% | +$19.9K |
2018 Q2
8 quarters
|
|
3015
First Financial Corp
THFF
$880M
| $114K | ﹤0.01% |
3,506
+971
| +38% | +$33K |
2013 Q2
28 quarters
|
|
|
AEGN
3016
DELISTED
Aegion Corp
AEGN
| $114K | ﹤0.01% |
7,849
+3,447
| +78% | +$51.3K |
2013 Q2
28 quarters
|
|
3017
Byline Bancorp
BY
$1.68B
| $113K | ﹤0.01% |
10,110
+1,908
| +23% | +$21.8K |
2018 Q2
8 quarters
|
|
3018
DNOW Inc
DNOW
$2.76B
| $113K | ﹤0.01% |
14,170
+11,087
| +360% | +$76.1K |
2014 Q2
24 quarters
|
|
3019
ROBO Global Robotics & Automation Index ETF
ROBO
$2.04B
| $113K | ﹤0.01% |
2,560
-116
| -4% | -$4.61K |
2016 Q3
15 quarters
|
|
3020
Popular Inc
BPOP
$9.98B
| $112K | ﹤0.01% |
3,246
-33,469
| -91% | -$1.25M |
2013 Q2
28 quarters
|
|
|
PRA
3021
DELISTED
ProAssurance
PRA
| $112K | ﹤0.01% |
7,791
-2,388
| -23% | -$41K |
2013 Q2
28 quarters
|
|
|
AD
3022
Array Digital Infrastructure
AD
$2.95B
| $112K | ﹤0.01% |
3,685
+2,017
| +121% | +$62.2K |
2015 Q4
18 quarters
|
|
|
ROIC
3023
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $112K | ﹤0.01% |
11,095
+5,854
| +112% | +$56.7K |
2014 Q2
24 quarters
|
|
3024
John B. Sanfilippo & Son
JBSS
$779M
| $111K | ﹤0.01% |
1,336
+688
| +106% | +$58.4K |
2014 Q4
22 quarters
|
|
|
SPR
3025
DELISTED
Spirit AeroSystems
SPR
| $111K | ﹤0.01% |
5,263
-131,144
| -96% | -$2.97M |
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.