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 |
Fortis
FTS
|
+$601M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$424M |
| 3 |
Mondelez International
MDLZ
|
+$228M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Apple
AAPL
|
+$158M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$240M |
| 2 |
Virtus Investment Partners
VRTS
|
+$189M |
| 3 |
Travelers Companies
TRV
|
+$150M |
| 4 |
NVIDIA
NVDA
|
+$113M |
| 5 |
Dover
DOV
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.21% |
| 2 | Energy | 11.71% |
| 3 | Industrials | 8.09% |
| 4 | Communication Services | 7.85% |
| 5 | Technology | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Cameco
CCJ
$42.6B
| $45.2M | 0.05% |
4,920,035
+208,623
| +4% | +$1.88M |
|
327
Carlisle Companies
CSL
$14.9B
| $45.1M | 0.05% |
402,167
+100,141
| +33% | +$10.9M |
|
328
Moody's
MCO
$84.6B
| $44.7M | 0.05% |
445,074
-32,255
| -7% | -$3.26M |
|
329
Vanguard High Dividend Yield ETF
VYM
$84.2B
| $44.3M | 0.05% |
596,842
+36,875
| +7% | +$2.71M |
|
330
PUT
Herbalife
HLF
$1.28B
| $44.1M | 0.05% |
1,800,000
+800,000
| +80% | +$21.8M |
|
|
ESRX
331
DELISTED
Express Scripts Holding Company
ESRX
| $44M | 0.05% |
579,623
-9,416
| -2% | -$675K |
|
332
CSX Corp
CSX
$92.9B
| $44M | 0.05% |
3,683,571
-2,376,342
| -39% | -$26.6M |
|
333
Consolidated Edison
ED
$40.1B
| $43.6M | 0.05% |
624,191
+9,705
| +2% | +$701K |
|
334
iShares MSCI EAFE Growth ETF
EFG
$17.4B
| $43.5M | 0.05% |
689,808
-464,989
| -40% | -$30M |
|
|
AET
335
DELISTED
Aetna Inc
AET
| $43.4M | 0.05% |
331,586
+22,420
| +7% | +$2.68M |
|
336
O'Reilly Automotive
ORLY
$74.9B
| $43.1M | 0.05% |
2,356,215
+115,170
| +5% | +$2.1M |
|
337
Prospect Capital
PSEC
$1.18B
| $42.8M | 0.05% |
5,316,000
+934,000
| +21% | +$7.5M |
|
338
Newmont
NEM
$120B
| $42.7M | 0.04% |
1,316,495
-114,977
| -8% | -$3.93M |
|
339
M&T Bank
MTB
$36.6B
| $42.7M | 0.04% |
296,406
-82,538
| -22% | -$11.2M |
|
340
BlackBerry
BB
$5.27B
| $42.6M | 0.04% |
5,527,188
+407,327
| +8% | +$3.03M |
|
341
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.88B
| $42.5M | 0.04% |
2,040,812
+1,425,128
| +231% | +$30.1M |
|
342
Omnicom Group
OMC
$24.2B
| $42.2M | 0.04% |
485,601
+4,738
| +1% | +$397K |
|
343
State Street SPDR S&P International Small Cap ETF
GWX
$928M
| $42.2M | 0.04% |
1,417,495
+69,994
| +5% | +$2.11M |
|
344
Williams Companies
WMB
$89.4B
| $42M | 0.04% |
1,369,495
-394,958
| -22% | -$11.9M |
|
|
RTN
345
DELISTED
Raytheon Company
RTN
| $41.9M | 0.04% |
280,183
-274,465
| -49% | -$39M |
|
346
Kinder Morgan
KMI
$71.5B
| $41.9M | 0.04% |
1,886,967
+619,936
| +49% | +$13.1M |
|
347
Columbia Emerging Markets Consumer ETF
ECON
$313M
| $41.8M | 0.04% |
1,866,085
-712,224
| -28% | -$16.6M |
|
|
AAV
348
DELISTED
Advantage Oil & Gas Ltd
AAV
| $41.7M | 0.04% |
5,749,586
-3,291
| -0.1% | -$23.1K |
|
349
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.3B
| $41.7M | 0.04% |
932,712
-210,720
| -18% | -$9.28M |
|
350
Lam Research
LRCX
$422B
| $41.5M | 0.04% |
3,917,860
+256,010
| +7% | +$2.6M |
|
Similar funds
Bank of Montreal's Q4 2016 Portfolio in Review
As of Q4 2016, Bank of Montreal held 4,383 positions worth $95.1B, up 3.8% from $91.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal's Q4 2016 filing shows 329 new, 1,589 increased, 1,362 reduced and 279 closed positions. Its largest new stake was Fortis: 19,376,017 shares worth $577M. The largest sale was JPMorgan Chase, an estimated $240M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 25% a quarter earlier, followed by Energy and Industrials.
- Bank of Montreal's largest Q4 2016 buy was Fortis: 19,376,017 shares worth $577M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2016, an estimated $424M increase.
- Bank of Montreal's biggest Q4 2016 reduction was JPMorgan Chase, cutting an estimated $240M.
- Bank of Montreal fully exited SolarCity Corporation in Q4 2016, selling an estimated $55.2M.
- Bank of Montreal's ten largest holdings make up 23% of its $95.1B portfolio in Q4 2016.
- Bank of Montreal opened 329 new positions and closed 279 in Q4 2016.
- Bank of Montreal's portfolio value rose 3.8% quarter-over-quarter to $95.1B.
Based on Bank of Montreal's 13F filing for Q4 2016, filed 6 Feb 2017.