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 | |
|---|---|---|---|---|---|---|---|
3226
Universal Technical Institute
UTI
$1.05B
| $177K | ﹤0.01% |
22,952
| – | – |
2017 Q2
10 quarters
|
|
|
FOE
3227
DELISTED
Ferro Corporation
FOE
| $177K | ﹤0.01% |
11,931
+1,941
| +19% | +$25K |
2013 Q2
26 quarters
|
|
3228
OceanFirst Financial
OCFC
$1.61B
| $176K | ﹤0.01% |
6,903
+2,468
| +56% | +$59.4K |
2013 Q2
26 quarters
|
|
|
FSCT
3229
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $176K | ﹤0.01% |
5,361
-32,866
| -86% | -$1.08M |
2019 Q2
2 quarters
|
|
3230
CALL
KKR & Co
KKR
$81.9B
| $175K | ﹤0.01% |
6,000
| – | – |
2019 Q3
1 quarter
|
|
|
NVTA
3231
DELISTED
Invitae Corporation
NVTA
| $175K | ﹤0.01% |
10,877
+3,279
| +43% | +$58K |
2018 Q2
6 quarters
|
|
|
KNL
3232
DELISTED
Knoll, Inc.
KNL
| $175K | ﹤0.01% |
6,937
+1,989
| +40% | +$52.6K |
2015 Q4
16 quarters
|
|
3233
Adeia
ADEA
$2.79B
| $174K | ﹤0.01% |
35,490
+3,666
| +12% | +$19.5K |
2013 Q2
26 quarters
|
|
|
BRKL
3234
DELISTED
Brookline Bancorp
BRKL
| $174K | ﹤0.01% |
10,554
+1,448
| +16% | +$22.8K |
2013 Q2
26 quarters
|
|
|
ALYA
3235
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $174K | ﹤0.01% |
62,450
+14,400
| +30% | +$38.4K |
2019 Q1
3 quarters
|
|
3236
Calamos Strategic Total Return Fund
CSQ
$3.26B
| $173K | ﹤0.01% |
12,736
-879
| -6% | -$11.5K |
2013 Q2
26 quarters
|
|
3237
Galicia Financial Group
GGAL
$5.79B
| $173K | ﹤0.01% |
10,632
+300
| +3% | +$3.96K |
2019 Q2
2 quarters
|
|
3238
iShares Currency Hedged MSCI Emerging Markets
HEEM
$298M
| $173K | ﹤0.01% |
6,550
| – | – |
2017 Q4
8 quarters
|
|
3239
Hamilton Lane
HLNE
$4.89B
| $173K | ﹤0.01% |
2,893
+868
| +43% | +$50.1K |
2019 Q2
2 quarters
|
|
3240
MACOM Technology Solutions
MTSI
$23B
| $173K | ﹤0.01% |
6,506
+2,017
| +45% | +$48.2K |
2015 Q4
16 quarters
|
|
3241
iShares Latin America 40 ETF
ILF
$3.8B
| $172K | ﹤0.01% |
5,075
| – | – |
2018 Q4
4 quarters
|
|
3242
Orion
OEC
$319M
| $172K | ﹤0.01% |
8,878
+2,330
| +36% | +$42.1K |
2017 Q3
9 quarters
|
|
|
MNCLU
3243
DELISTED
Monocle Acquisition Corporation Units
MNCLU
| $172K | ﹤0.01% |
15,834
| – | – |
2019 Q1
3 quarters
|
|
3244
Appian
APPN
$2.71B
| $171K | ﹤0.01% |
4,476
+1,564
| +54% | +$67.4K |
2017 Q4
8 quarters
|
|
3245
Heartland Express
HTLD
$900M
| $171K | ﹤0.01% |
8,118
+585
| +8% | +$12.5K |
2013 Q2
26 quarters
|
|
3246
Fidelity Nasdaq Composite Index ETF
ONEQ
$11B
| $171K | ﹤0.01% |
4,890
+60
| +1% | +$1.99K |
2017 Q4
8 quarters
|
|
3247
Douglas Dynamics
PLOW
$916M
| $171K | ﹤0.01% |
3,110
+769
| +33% | +$38.8K |
2015 Q4
16 quarters
|
|
|
MAGN
3248
Magnera Corp
MAGN
$403M
| $171K | ﹤0.01% |
719
+105
| +17% | +$23.4K |
2013 Q2
26 quarters
|
|
3249
CorVel
CRVL
$3.77B
| $170K | ﹤0.01% |
5,799
+144
| +3% | +$3.83K |
2013 Q2
26 quarters
|
|
3250
iShares Global Industrials ETF
EXI
$1.44B
| $169K | ﹤0.01% |
1,738
| – | – |
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.