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 | |
|---|---|---|---|---|---|---|---|
3101
Provident Financial Services
PFS
$2.94B
| $224K | ﹤0.01% |
9,068
+2,186
| +32% | +$54K |
2013 Q2
26 quarters
|
|
|
TBNK
3102
DELISTED
Territorial Bancorp Inc.
TBNK
| $224K | ﹤0.01% |
7,223
+96
| +1% | +$2.9K |
2013 Q2
26 quarters
|
|
|
CCXI
3103
DELISTED
ChemoCentryx, Inc.
CCXI
| $223K | ﹤0.01% |
5,623
+2,055
| +58% | +$36.1K |
2017 Q2
10 quarters
|
|
3104
Scorpio Tankers
STNG
$4.28B
| $222K | ﹤0.01% |
5,637
+1,834
| +48% | +$62.7K |
2015 Q1
19 quarters
|
|
|
LL
3105
DELISTED
LL Flooring Holdings, Inc.
LL
| $222K | ﹤0.01% |
22,698
+1,063
| +5% | +$9.94K |
2013 Q2
26 quarters
|
|
3106
AZZ Inc
AZZ
$4.16B
| $221K | ﹤0.01% |
4,808
+885
| +23% | +$36.2K |
2013 Q2
26 quarters
|
|
|
SAGE
3107
DELISTED
Sage Therapeutics
SAGE
| $221K | ﹤0.01% |
3,057
-7,314
| -71% | -$900K |
2015 Q2
18 quarters
|
|
|
FSD
3108
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $221K | ﹤0.01% |
14,000
| – | – |
2017 Q2
10 quarters
|
|
|
TWNK
3109
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $221K | ﹤0.01% |
15,218
+740
| +5% | +$10.1K |
2016 Q4
12 quarters
|
|
|
BITA
3110
DELISTED
Bitauto Holdings Limited
BITA
| $220K | ﹤0.01% |
14,807
+11,669
| +372% | +$176K |
2013 Q3
25 quarters
|
|
3111
Byline Bancorp
BY
$1.7B
| $219K | ﹤0.01% |
11,161
-76
| -0.7% | -$1.39K |
2018 Q2
6 quarters
|
|
3112
Cal-Maine
CALM
$3.04B
| $219K | ﹤0.01% |
5,133
+380
| +8% | +$15.8K |
2017 Q2
10 quarters
|
|
3113
PennantPark Floating Rate Capital
PFLT
$682M
| $219K | ﹤0.01% |
18,000
| – | – |
2019 Q1
3 quarters
|
|
3114
Universal Corp
UVV
$1.05B
| $219K | ﹤0.01% |
3,832
+722
| +23% | +$39K |
2013 Q2
26 quarters
|
|
|
ELME
3115
Elme Communities
ELME
$156M
| $218K | ﹤0.01% |
7,471
-19,262
| -72% | -$573K |
2013 Q2
26 quarters
|
|
|
MRC
3116
CALL
DELISTED
MRC Global
MRC
| $218K | ﹤0.01% |
16,000
+12,900
| +416% | +$168K |
2019 Q1
3 quarters
|
|
3117
Applied Optoelectronics
AAOI
$9.41B
| $217K | ﹤0.01% |
18,300
-1,487
| -8% | -$15.9K |
2014 Q4
20 quarters
|
|
|
TPTX
3118
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $217K | ﹤0.01% |
3,484
+2,902
| +499% | +$138K |
2019 Q2
2 quarters
|
|
3119
Clearway Energy Class C
CWEN
$6.05B
| $216K | ﹤0.01% |
10,824
+2,885
| +36% | +$55.8K |
2014 Q4
20 quarters
|
|
3120
First Trust STOXX European Select Dividend Income Fund
FDD
$868M
| $216K | ﹤0.01% |
15,400
| – | – |
2019 Q3
1 quarter
|
|
3121
Monopar Therapeutics
MNPR
$524M
| $216K | ﹤0.01% |
+2,600
| New | +$272K |
2019 Q4
0 quarters
|
|
|
RAVN
3122
DELISTED
Raven Industries Inc
RAVN
| $216K | ﹤0.01% |
6,248
+1,269
| +25% | +$43.3K |
2013 Q4
24 quarters
|
|
|
THER
3123
DELISTED
THERATECHNOLOGIES INC COM
THER
| $216K | ﹤0.01% |
+65,327
| New | +$216K |
2019 Q4
0 quarters
|
|
3124
Nuveen Floating Rate Income Fund
JFR
$1.19B
| $215K | ﹤0.01% |
21,000
| – | – |
2019 Q1
3 quarters
|
|
|
AKS
3125
DELISTED
AK Steel Holding Corp
AKS
| $214K | ﹤0.01% |
64,999
+5,155
| +9% | +$14.3K |
2013 Q2
26 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.