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 |
Amazon
AMZN
|
+$856M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$781M |
| 3 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$367M |
| 4 |
Energy Transfer Partners
ET
|
+$311M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$968M |
| 2 |
Alibaba
BABA
|
+$290M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$276M |
| 4 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$222M |
| 5 |
Cigna
CI
|
+$217M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.75% |
| 2 | Miscellaneous | 15.7% |
| 3 | Technology | 9.54% |
| 4 | Communication Services | 9.07% |
| 5 | Energy | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
3326
iShares MSCI Ireland ETF
EIRL
$75.6M
| $44K | ﹤0.01% |
1,200
| – | – |
2016 Q2
10 quarters
|
|
3327
Installed Building Products
IBP
$5.12B
| $44K | ﹤0.01% |
1,327
+197
| +17% | +$6.85K |
2016 Q2
10 quarters
|
|
3328
ARK Israel Innovative Technology ETF
IZRL
$134M
| $44K | ﹤0.01% |
2,395
| – | – |
2018 Q1
3 quarters
|
|
|
MHI
3329
DELISTED
Pioneer Municipal High Income Fund
MHI
| $44K | ﹤0.01% |
4,048
+2,000
| +98% | +$21.8K |
2018 Q3
1 quarter
|
|
3330
Pacific Biosciences
PACB
$780M
| $44K | ﹤0.01% |
5,990
+1,093
| +22% | +$6.92K |
2014 Q4
16 quarters
|
|
3331
CALL
Pembina Pipeline
PBA
$26.3B
| $44K | ﹤0.01% |
1,470
-15,000
| -91% | -$497K |
2017 Q4
4 quarters
|
|
3332
Powell Industries
POWL
$6.94B
| $44K | ﹤0.01% |
5,370
+561
| +12% | +$5.56K |
2013 Q2
22 quarters
|
|
3333
Shenandoah Telecom
SHEN
$617M
| $44K | ﹤0.01% |
1,002
+340
| +51% | +$14.5K |
2015 Q1
15 quarters
|
|
3334
Vanguard Tax-Exempt Bond Index Fund
VTEB
$44.5B
| $44K | ﹤0.01% |
+871
| New | +$43.9K |
2018 Q4
0 quarters
|
|
|
NSTG
3335
DELISTED
NanoString Technologies, Inc.
NSTG
| $44K | ﹤0.01% |
3,001
+183
| +6% | +$2.9K |
2015 Q4
12 quarters
|
|
|
JPS
3336
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
| $44K | ﹤0.01% |
5,280
+3,512
| +199% | +$29.1K |
2015 Q2
14 quarters
|
|
|
KEM
3337
DELISTED
KEMET Corporation
KEM
| $44K | ﹤0.01% |
2,550
+861
| +51% | +$16.1K |
2017 Q2
6 quarters
|
|
|
UBA
3338
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $44K | ﹤0.01% |
2,258
+210
| +10% | +$4.24K |
2013 Q2
22 quarters
|
|
3339
Martin Midstream Partners
MMLP
$85.3M
| $43K | ﹤0.01% |
4,167
-34,533
| -89% | -$397K |
2018 Q3
1 quarter
|
|
3340
Myers Industries
MYE
$1.18B
| $43K | ﹤0.01% |
2,796
+390
| +16% | +$6.4K |
2013 Q2
22 quarters
|
|
3341
SunCoke Energy
SXC
$827M
| $43K | ﹤0.01% |
4,969
+466
| +10% | +$4.77K |
2013 Q2
22 quarters
|
|
|
MIME
3342
DELISTED
Mimecast Limited
MIME
| $43K | ﹤0.01% |
1,290
+290
| +29% | +$10.1K |
2018 Q3
1 quarter
|
|
|
AMAG
3343
DELISTED
AMAG Pharmaceuticals
AMAG
| $43K | ﹤0.01% |
2,870
-143
| -5% | -$2.73K |
2013 Q2
22 quarters
|
|
|
CCI.PRA
3344
DELISTED
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
| – | – |
0
| – | – |
2017 Q3
5 quarters
|
|
|
PTLA
3345
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $43K | ﹤0.01% |
2,205
+24
| +1% | +$494 |
2015 Q3
13 quarters
|
|
|
WLH
3346
DELISTED
WILLIAM LYON HOMES
WLH
| $43K | ﹤0.01% |
4,004
+3,462
| +639% | +$44.2K |
2013 Q4
20 quarters
|
|
|
CADE
3347
DELISTED
Cadence Bancorporation
CADE
| $43K | ﹤0.01% |
2,559
+1,721
| +205% | +$36.5K |
2018 Q1
3 quarters
|
|
3348
PUT
Ambarella
AMBA
$3.1B
| $42K | ﹤0.01% |
1,200
| – | – |
2018 Q2
2 quarters
|
|
3349
Accuray
ARAY
$31.9M
| $42K | ﹤0.01% |
12,260
+586
| +5% | +$2.38K |
2015 Q4
12 quarters
|
|
|
GTY
3350
Getty Realty Corp
GTY
$1.72B
| $42K | ﹤0.01% |
1,444
+242
| +20% | +$6.97K |
2015 Q1
15 quarters
|
|
Similar funds
Bank of Montreal's Q4 2018 Portfolio in Review
As of Q4 2018, Bank of Montreal held 5,067 positions worth $106B, down 17% from $128B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $4.31B in Q4 2018, closing 348 positions and reducing 1,705 holdings. Its most notable exit was Energy Transfer Partners, L.P., an estimated $222M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Miscellaneous and Technology.
Against the trend, Bank of Montreal opened a new position in Cheer Holding worth $18.7M.
- Bank of Montreal's largest Q4 2018 buy was Cheer Holding: 1,293 shares worth $18.7M.
- Bank of Montreal added most to Amazon in Q4 2018, an estimated $856M increase.
- Bank of Montreal's biggest Q4 2018 reduction was Tesla, cutting an estimated $968M.
- Bank of Montreal fully exited Energy Transfer Partners, L.P. in Q4 2018, selling an estimated $222M.
- Bank of Montreal's ten largest holdings make up 22% of its $106B portfolio in Q4 2018.
- Bank of Montreal opened 284 new positions and closed 348 in Q4 2018.
- Bank of Montreal's portfolio value fell 17% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q4 2018, filed 22 Jan 2019.