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 |
VanEck Gold Miners ETF
GDX
|
+$316M |
| 2 |
WCN
Waste Connections
WCN
|
+$188M |
| 3 |
JPMorgan Chase
JPM
|
+$165M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$149M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$135M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$292M |
| 2 |
Vanguard High Dividend Yield ETF
VYM
|
+$207M |
| 3 |
DuPont de Nemours
DD
|
+$156M |
| 4 |
BIN
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
|
+$124M |
| 5 |
Amdocs
DOX
|
+$117M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.98% |
| 2 | Miscellaneous | 13.19% |
| 3 | Energy | 10.92% |
| 4 | Communication Services | 8.6% |
| 5 | Industrials | 7.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Republic Services
RSG
$64.3B
| $46.6M | 0.05% |
907,981
+73,745
| +9% | +$3.54M |
|
|
RAX
302
DELISTED
Rackspace Hosting Inc
RAX
| $46.4M | 0.05% |
2,226,077
+2,219,342
| +32,952% | +$51.8M |
|
303
C.H. Robinson
CHRW
$17.3B
| $45.9M | 0.05% |
618,114
+110,620
| +22% | +$8.09M |
|
|
YHOO
304
PUT
DELISTED
Yahoo Inc
YHOO
| $45.7M | 0.05% |
1,217,700
+129,400
| +12% | +$4.78M |
|
305
Eldorado Gold
EGO
$10B
| $45.5M | 0.05% |
2,023,242
+239,324
| +13% | +$4.96M |
|
|
LLTC
306
DELISTED
Linear Technology Corp
LLTC
| $45.5M | 0.05% |
978,026
+62,555
| +7% | +$2.86M |
|
307
Ares Capital
ARCC
$13.7B
| $45.5M | 0.05% |
3,203,546
+720,122
| +29% | +$10.7M |
|
308
Newmont
NEM
$122B
| $45.3M | 0.05% |
1,158,705
-110,886
| -9% | -$3.67M |
|
309
Steel Dynamics
STLD
$31.8B
| $45.2M | 0.05% |
1,843,163
+777,063
| +73% | +$19M |
|
310
Public Storage
PSA
$52.8B
| $45.1M | 0.05% |
176,459
+41,317
| +31% | +$10.6M |
|
311
iShares 20+ Year Treasury Bond ETF
TLT
$43.8B
| $44.9M | 0.05% |
323,324
-65,063
| -17% | -$8.58M |
|
312
Cognizant
CTSH
$25.9B
| $44.7M | 0.05% |
780,888
+44,800
| +6% | +$2.71M |
|
313
Regions Financial
RF
$22.9B
| $44.6M | 0.05% |
5,246,559
+602,041
| +13% | +$5.45M |
|
314
iShares 7-10 Year Treasury Bond ETF
IEF
$41.3B
| $44.2M | 0.05% |
391,670
-38,160
| -9% | -$4.22M |
|
315
iShares US Medical Devices ETF
IHI
$3.5B
| $44.2M | 0.05% |
1,956,462
+1,944,150
| +15,791% | +$42.1M |
|
316
Jacobs Solutions
J
$15.8B
| $43.8M | 0.05% |
1,063,680
-1,281,584
| -55% | -$50.5M |
|
317
Emerson Electric
EMR
$86.5B
| $43.6M | 0.05% |
835,190
+116,489
| +16% | +$6.19M |
|
|
ESRX
318
DELISTED
Express Scripts Holding Company
ESRX
| $43.1M | 0.05% |
569,213
+223,997
| +65% | +$16.5M |
|
|
DD
319
DELISTED
Du Pont De Nemours E I
DD
| $42.4M | 0.05% |
654,501
-339,616
| -34% | -$22.3M |
|
320
American Tower
AMT
$76.3B
| $42.2M | 0.05% |
371,472
+28,651
| +8% | +$3.05M |
|
|
TWX
321
DELISTED
Time Warner Inc
TWX
| $41.8M | 0.05% |
568,574
+177,792
| +45% | +$13.2M |
|
|
CXO
322
DELISTED
CONCHO RESOURCES INC.
CXO
| $41.7M | 0.05% |
349,973
-149
| -0% | -$17.3K |
|
323
PUT
Canadian Pacific Kansas City
CP
$74.8B
| $41.7M | 0.05% |
1,620,000
+176,500
| +12% | +$4.76M |
|
|
RHT
324
DELISTED
Red Hat Inc
RHT
| $41.6M | 0.05% |
572,654
-27,668
| -5% | -$2.07M |
|
325
Omnicom Group
OMC
$20.2B
| $40.8M | 0.05% |
500,267
+35,622
| +8% | +$2.96M |
|
Similar funds
Bank of Montreal's Q2 2016 Portfolio in Review
As of Q2 2016, Bank of Montreal held 4,663 positions worth $87.4B, down 6.8% from $93.8B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $5.19B of net new capital in Q2 2016, opening 328 new positions and adding to 1,619 existing holdings. Its largest new stake was Brookfield Business Partners: 789,763 shares worth $9.68M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 22% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $292M trimmed.
- Bank of Montreal's largest Q2 2016 buy was Brookfield Business Partners: 789,763 shares worth $9.68M.
- Bank of Montreal added most to VanEck Gold Miners ETF in Q2 2016, an estimated $316M increase.
- Bank of Montreal's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $292M.
- Bank of Montreal fully exited PROGRESSIVE WASTE SOLUTIONS LTD COM in Q2 2016, selling an estimated $124M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.4B portfolio in Q2 2016.
- Bank of Montreal opened 328 new positions and closed 507 in Q2 2016.
- Bank of Montreal's portfolio value fell 6.8% quarter-over-quarter to $87.4B.
Based on Bank of Montreal's 13F filing for Q2 2016, filed 25 Jul 2016.