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
|
+$475M |
| 2 |
Blackstone
BX
|
+$315M |
| 3 |
AABA
Altaba Inc
AABA
|
+$298M |
| 4 |
SPDR Gold Trust
GLD
|
+$237M |
| 5 |
Eli Lilly
LLY
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$384M |
| 2 |
Merck
MRK
|
+$284M |
| 3 |
Enterprise Products Partners
EPD
|
+$266M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
+$261M |
| 5 |
Royal Bank of Canada
RY
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.57% |
| 2 | Technology | 9.64% |
| 3 | Energy | 9.62% |
| 4 | Industrials | 8.33% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
iShares MSCI EAFE Growth ETF
EFG
$17.2B
| $67.5M | 0.06% |
836,279
+186,179
| +29% | +$14.8M |
|
302
Nike
NKE
$62.5B
| $66.9M | 0.06% |
1,070,063
+133,818
| +14% | +$7.69M |
|
|
SCHW
303
Charles Schwab
SCHW
$187B
| $66.7M | 0.06% |
1,297,664
-227,252
| -15% | -$10.7M |
|
304
M&T Bank
MTB
$36.3B
| $64.2M | 0.06% |
375,427
+73,689
| +24% | +$12.2M |
|
|
CMA
305
DELISTED
Comerica
CMA
| $63.4M | 0.06% |
730,031
+19,066
| +3% | +$1.53M |
|
306
PUT
Invesco QQQ Trust
QQQ
$479B
| $63.1M | 0.05% |
405,100
+255,100
| +170% | +$38.9M |
|
|
PXD
307
DELISTED
Pioneer Natural Resource Co.
PXD
| $62.9M | 0.05% |
363,814
+219,126
| +151% | +$33.8M |
|
308
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
| $62.5M | 0.05% |
2,371,696
+1,400,526
| +144% | +$38.4M |
|
309
PUT
Advanced Micro Devices
AMD
$767B
| $62.2M | 0.05% |
+6,053,800
| New | +$70.7M |
|
310
Vanguard FTSE Europe ETF
VGK
$31B
| $62.2M | 0.05% |
1,051,632
+125,072
| +13% | +$7.3M |
|
311
Invesco Senior Loan ETF
BKLN
$6.74B
| $62.1M | 0.05% |
2,693,490
-156,450
| -5% | -$3.61M |
|
312
KeyCorp
KEY
$24.3B
| $62M | 0.05% |
3,074,125
+204,584
| +7% | +$3.86M |
|
313
Centene
CNC
$32.9B
| $62M | 0.05% |
1,228,372
-91,170
| -7% | -$4.42M |
|
314
Descartes Systems
DSGX
$6.86B
| $62M | 0.05% |
2,181,485
-933,420
| -30% | -$26.8M |
|
|
ETP
315
DELISTED
Energy Transfer Partners, L.P.
ETP
| $61.9M | 0.05% |
3,452,282
-4,581,667
| -57% | -$79.1M |
|
316
BlackBerry
BB
$5.18B
| $61.5M | 0.05% |
5,504,725
+469,699
| +9% | +$5.13M |
|
317
McKesson
MCK
$103B
| $61.1M | 0.05% |
391,681
-170,028
| -30% | -$25.2M |
|
|
ANDX
318
DELISTED
Andeavor Logistics LP
ANDX
| $61M | 0.05% |
1,320,440
+220,558
| +20% | +$10.2M |
|
319
Phillips 66
PSX
$86B
| $60.6M | 0.05% |
599,321
-2,387
| -0.4% | -$227K |
|
320
CAE Inc. Common Shares
CAE
$8.64B
| $60.3M | 0.05% |
3,247,441
-1,372,707
| -30% | -$24.3M |
|
321
Chubb
CB
$134B
| $60.2M | 0.05% |
412,021
-116,736
| -22% | -$17.4M |
|
322
Ares Capital
ARCC
$14.3B
| $60.1M | 0.05% |
3,820,443
-51,138
| -1% | -$830K |
|
323
iShares US Aerospace & Defense ETF
ITA
$15B
| $59.9M | 0.05% |
637,128
-337,996
| -35% | -$30.9M |
|
324
Seagate
STX
$182B
| $59.8M | 0.05% |
1,429,080
-121,464
| -8% | -$4.64M |
|
325
C.H. Robinson
CHRW
$17.3B
| $59.4M | 0.05% |
666,473
-47,526
| -7% | -$3.88M |
|
Similar funds
Bank of Montreal's Q4 2017 Portfolio in Review
As of Q4 2017, Bank of Montreal held 4,524 positions worth $115B, up 5.4% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal's Q4 2017 filing shows 340 new, 1,586 increased, 1,488 reduced and 306 closed positions. Its largest new stake was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $384M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 27% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q4 2017 buy was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $475M increase.
- Bank of Montreal's biggest Q4 2017 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $384M.
- Bank of Montreal fully exited CR Bard Inc. in Q4 2017, selling an estimated $120M.
- Bank of Montreal's ten largest holdings make up 20% of its $115B portfolio in Q4 2017.
- Bank of Montreal opened 340 new positions and closed 306 in Q4 2017.
- Bank of Montreal's portfolio value rose 5.4% quarter-over-quarter to $115B.
Based on Bank of Montreal's 13F filing for Q4 2017, filed 16 Jan 2018.