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 | |
|---|---|---|---|---|---|---|---|
|
TACO
3376
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $133K | ﹤0.01% |
16,804
+14,272
| +564% | +$116K |
2018 Q2
6 quarters
|
|
|
OSG
3377
Octave Specialty Group
OSG
$194M
| $132K | ﹤0.01% |
6,117
+1,639
| +37% | +$33.6K |
2014 Q4
20 quarters
|
|
|
BAND
3378
Bandwidth Inc
BAND
$2.01B
| $132K | ﹤0.01% |
2,054
-16,160
| -89% | -$936K |
2019 Q2
2 quarters
|
|
3379
DHT Holdings
DHT
$3.8B
| $132K | ﹤0.01% |
16,011
+3,830
| +31% | +$28.4K |
2015 Q2
18 quarters
|
|
3380
Telecom Argentina
TEO
$5.02B
| $132K | ﹤0.01% |
11,651
-5,046
| -30% | -$50.6K |
2019 Q3
1 quarter
|
|
|
TGB
3381
Trekor Metals
TGB
$3.04B
| $131K | ﹤0.01% |
271,903
+75,000
| +38% | +$31.7K |
2013 Q2
26 quarters
|
|
3382
German American Bancorp
GABC
$1.83B
| $130K | ﹤0.01% |
3,641
+936
| +35% | +$31.3K |
2017 Q2
10 quarters
|
|
3383
iShares US Basic Materials ETF
IYM
$1.11B
| $130K | ﹤0.01% |
1,332
-788
| -37% | -$74K |
2013 Q2
26 quarters
|
|
3384
VanEck Preferred Securities ex Financials ETF
PFXF
$2.35B
| $130K | ﹤0.01% |
6,448
| – | – |
2018 Q4
4 quarters
|
|
3385
Parsons
PSN
$4.38B
| $130K | ﹤0.01% |
3,151
+801
| +34% | +$29.9K |
2019 Q2
2 quarters
|
|
3386
National Presto Industries
NPK
$1.07B
| $129K | ﹤0.01% |
1,464
-1,867
| -56% | -$162K |
2013 Q2
26 quarters
|
|
3387
Codexis
CDXS
$149M
| $128K | ﹤0.01% |
7,987
+2,026
| +34% | +$30K |
2015 Q2
18 quarters
|
|
3388
Enova International
ENVA
$4.27B
| $128K | ﹤0.01% |
5,313
-382
| -7% | -$8.6K |
2015 Q1
19 quarters
|
|
3389
TG Therapeutics
TGTX
$8.21B
| $128K | ﹤0.01% |
11,547
+3,120
| +37% | +$23.7K |
2017 Q4
8 quarters
|
|
3390
Allogene Therapeutics
ALLO
$532M
| $127K | ﹤0.01% |
4,880
+1,478
| +43% | +$40.7K |
2019 Q2
2 quarters
|
|
|
PRNB
3391
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $127K | ﹤0.01% |
2,320
+1,090
| +89% | +$40.7K |
2019 Q2
2 quarters
|
|
|
LTM
3392
PUT
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $127K | ﹤0.01% |
+12,500
| New | +$140K |
2019 Q4
0 quarters
|
|
|
TRTX
3393
TPG RE Finance Trust
TRTX
$487M
| $126K | ﹤0.01% |
6,230
+1,881
| +43% | +$37.8K |
2019 Q2
2 quarters
|
|
|
SP
3394
DELISTED
SP Plus Corporation
SP
| $126K | ﹤0.01% |
2,972
+859
| +41% | +$36.1K |
2015 Q1
19 quarters
|
|
|
GSKY
3395
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $126K | ﹤0.01% |
14,200
-18,400
| -56% | -$138K |
2019 Q2
2 quarters
|
|
|
GSKY
3396
PUT
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $126K | ﹤0.01% |
14,200
-18,400
| -56% | -$138K |
2019 Q2
2 quarters
|
|
3397
Federal Agricultural Mortgage
AGM
$2.27B
| $125K | ﹤0.01% |
1,492
+357
| +31% | +$29.7K |
2015 Q2
18 quarters
|
|
3398
Ennis
EBF
$570M
| $125K | ﹤0.01% |
5,785
+3,531
| +157% | +$71.8K |
2017 Q2
10 quarters
|
|
3399
iShares Russell 1000 ETF
IWB
$48.7B
| $125K | ﹤0.01% |
701
-9,765
| -93% | -$1.67M |
2013 Q2
26 quarters
|
|
3400
Manitowoc
MTW
$808M
| $125K | ﹤0.01% |
7,128
+2,127
| +43% | +$31K |
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.