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 |
Netflix
NFLX
|
+$596M |
| 2 |
Alibaba
BABA
|
+$344M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$303M |
| 4 |
Royal Bank of Canada
RY
|
+$291M |
| 5 |
Comcast
CMCSA
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.35B |
| 2 |
Apple
AAPL
|
+$558M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$346M |
| 4 |
TSG
The Stars Group Inc.
TSG
|
+$194M |
| 5 |
Boeing
BA
|
+$168M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.43% |
| 2 | Technology | 10.3% |
| 3 | Energy | 8.4% |
| 4 | Communication Services | 8.01% |
| 5 | Industrials | 7.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
VF Corp
VFC
$5.73B
| $61.1M | 0.05% |
694,131
+98,545
| +17% | +$8.41M |
|
327
Estee Lauder
EL
$31.7B
| $61M | 0.05% |
419,979
-62,410
| -13% | -$8.66M |
|
328
Roper Technologies
ROP
$39.1B
| $61M | 0.05% |
206,034
+28,205
| +16% | +$8.32M |
|
|
FITB
329
Fifth Third Bancorp
FITB
$52.6B
| $61M | 0.05% |
2,183,552
+335,126
| +18% | +$9.84M |
|
330
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.87B
| $60.7M | 0.05% |
2,435,133
-284,151
| -10% | -$7.05M |
|
331
State Street
STT
$52.2B
| $60.2M | 0.05% |
718,919
-73,661
| -9% | -$6.47M |
|
332
Vertex Pharmaceuticals
VRTX
$133B
| $59.7M | 0.05% |
309,881
+58,738
| +23% | +$10.5M |
|
333
PUT
SPDR Gold Trust
GLD
$144B
| $59.6M | 0.05% |
528,500
-104,600
| -17% | -$12M |
|
334
Trane Technologies
TT
$105B
| $58.9M | 0.05% |
575,319
+38,915
| +7% | +$3.8M |
|
335
UDR
UDR
$12B
| $58.6M | 0.05% |
1,448,748
+194,355
| +15% | +$7.56M |
|
|
BBU
336
DELISTED
Brookfield Business Partners
BBU
| $58.5M | 0.05% |
1,992,562
+107,147
| +6% | +$2.85M |
|
|
BNY
337
Bank of New York Mellon
BNY
$111B
| $58.4M | 0.05% |
1,144,642
+34,630
| +3% | +$1.82M |
|
338
CAE Inc. Common Shares
CAE
$8.9B
| $58.3M | 0.05% |
2,866,939
+116,785
| +4% | +$2.39M |
|
339
PACCAR
PCAR
$69B
| $57.1M | 0.04% |
1,257,123
+94,708
| +8% | +$4.18M |
|
340
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $57M | 0.04% |
2,066,195
+699,929
| +51% | +$19.6M |
|
341
iShares Russell 2000 Value ETF
IWN
$14.6B
| $56.8M | 0.04% |
426,743
+100,180
| +31% | +$13.5M |
|
342
Delta Air Lines
DAL
$59.1B
| $56.6M | 0.04% |
978,434
+20,676
| +2% | +$1.14M |
|
343
Carnival Corporation Ltd
CCL
$37.9B
| $56.1M | 0.04% |
880,020
-245,762
| -22% | -$14.9M |
|
344
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $56.1M | 0.04% |
488,045
+133,086
| +37% | +$15.3M |
|
|
CA
345
DELISTED
CA, Inc.
CA
| $55.9M | 0.04% |
1,266,014
+863,905
| +215% | +$37.2M |
|
346
Owens Corning
OC
$12.3B
| $55.8M | 0.04% |
1,029,060
-1,950,348
| -65% | -$117M |
|
347
Zions Bancorporation
ZION
$10.5B
| $55.5M | 0.04% |
1,107,236
+57,395
| +5% | +$3.03M |
|
348
Mondelez International
MDLZ
$79.4B
| $55.5M | 0.04% |
1,291,295
+247,938
| +24% | +$10.6M |
|
|
MRSH
349
Marsh
MRSH
$90.1B
| $55.3M | 0.04% |
668,126
+57,081
| +9% | +$4.84M |
|
|
EQM
350
DELISTED
EQM Midstream Partners, LP
EQM
| $54.9M | 0.04% |
1,040,743
+735,927
| +241% | +$40.1M |
|
Similar funds
Bank of Montreal's Q3 2018 Portfolio in Review
As of Q3 2018, Bank of Montreal held 5,067 positions worth $128B, up 5.4% from $121B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q3 2018 filing shows 307 new, 1,833 increased, 2,102 reduced and 275 closed positions. Its largest new stake was Bombardier Recreational Products: 847,217 shares worth $39.7M. The largest sale was Amazon, an estimated $1.35B.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q3 2018 buy was Bombardier Recreational Products: 847,217 shares worth $39.7M.
- Bank of Montreal added most to Netflix in Q3 2018, an estimated $596M increase.
- Bank of Montreal's biggest Q3 2018 reduction was Amazon, cutting an estimated $1.35B.
- Bank of Montreal fully exited XL Group Ltd. in Q3 2018, selling an estimated $29.2M.
- Bank of Montreal's ten largest holdings make up 22% of its $128B portfolio in Q3 2018.
- Bank of Montreal opened 307 new positions and closed 275 in Q3 2018.
- Bank of Montreal's portfolio value rose 5.4% quarter-over-quarter to $128B.
Based on Bank of Montreal's 13F filing for Q3 2018, filed 12 Oct 2018.