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 |
VanEck Gold Miners ETF
GDX
|
+$316M |
| 2 |
WCN
Waste Connections
WCN
|
+$188M |
| 3 |
JPMorgan Chase
JPM
|
+$165M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$149M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$135M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$292M |
| 2 |
Vanguard High Dividend Yield ETF
VYM
|
+$207M |
| 3 |
DuPont de Nemours
DD
|
+$156M |
| 4 |
BIN
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
|
+$124M |
| 5 |
Amdocs
DOX
|
+$117M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.98% |
| 2 | Miscellaneous | 13.19% |
| 3 | Energy | 10.92% |
| 4 | Communication Services | 8.6% |
| 5 | Industrials | 7.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
351
Vanguard High Dividend Yield ETF
VYM
$78.7B
| $37.3M | 0.04% |
521,688
-2,954,454
| -85% | -$207M |
|
352
Robert Half
RHI
$3.76B
| $37.3M | 0.04% |
976,859
-18,989
| -2% | -$776K |
|
353
Air Products & Chemicals
APD
$62B
| $37.2M | 0.04% |
283,361
+47,956
| +20% | +$6.39M |
|
354
Norfolk Southern
NSC
$69.4B
| $37.2M | 0.04% |
436,743
+18,196
| +4% | +$1.55M |
|
355
iShares Core S&P Small-Cap ETF
IJR
$103B
| $37.1M | 0.04% |
638,108
-56,676
| -8% | -$3.23M |
|
356
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.4B
| $37.1M | 0.04% |
949,528
+270,090
| +40% | +$10.6M |
|
357
Conagra Brands
CAG
$6.45B
| $37.1M | 0.04% |
995,838
+485,454
| +95% | +$17.3M |
|
358
Essex Property Trust
ESS
$17.3B
| $36.8M | 0.04% |
161,540
+72,204
| +81% | +$16.1M |
|
359
Aptiv
APTV
$8.93B
| $36.7M | 0.04% |
586,789
-40,176
| -6% | -$2.81M |
|
360
American Homes 4 Rent
AMH
$10.9B
| $36.5M | 0.04% |
1,784,181
-107,645
| -6% | -$1.86M |
|
361
NetEase
NTES
$77.6B
| $36.5M | 0.04% |
944,515
+491,820
| +109% | +$15.3M |
|
362
Edison International
EIX
$20.7B
| $36.4M | 0.04% |
468,495
+26,136
| +6% | +$1.88M |
|
|
EEP
363
DELISTED
Enbridge Energy Partners
EEP
| $36.3M | 0.04% |
1,565,240
+454,391
| +41% | +$9.63M |
|
364
Dominion Energy
D
$53.2B
| $36.3M | 0.04% |
465,449
+89,335
| +24% | +$6.48M |
|
|
FISV
365
Fiserv Inc
FISV
$24B
| $36.2M | 0.04% |
666,412
-609,532
| -48% | -$31.4M |
|
366
Westlake Corp
WLK
$7.96B
| $36.2M | 0.04% |
842,353
+377,548
| +81% | +$17.2M |
|
|
AMSG
367
DELISTED
Amsurg Corp
AMSG
| $36.1M | 0.04% |
466,176
-66,844
| -13% | -$5.17M |
|
368
Northern Trust
NTRS
$31B
| $36M | 0.04% |
543,633
-9,305
| -2% | -$648K |
|
369
CME Group
CME
$94.2B
| $35.6M | 0.04% |
365,953
+95,411
| +35% | +$9.02M |
|
370
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.26B
| $35.3M | 0.04% |
1,133,014
+174,897
| +18% | +$5.78M |
|
371
Weyerhaeuser
WY
$13.7B
| $35.1M | 0.04% |
1,179,697
+507,556
| +76% | +$15.6M |
|
372
Vanguard Communication Services ETF
VOX
$5.8B
| $35M | 0.04% |
356,173
+285,469
| +404% | +$26.5M |
|
373
iShares MSCI Taiwan ETF
EWT
$12.3B
| $34.8M | 0.04% |
1,236,918
+78,011
| +7% | +$2.08M |
|
|
BWP
374
DELISTED
Boardwalk Pipeline Partners
BWP
| $34.7M | 0.04% |
1,990,250
+821,000
| +70% | +$13.6M |
|
|
PX
375
DELISTED
Praxair Inc
PX
| $34.7M | 0.04% |
308,617
+17,988
| +6% | +$2.04M |
|
Similar funds
Bank of Montreal's Q2 2016 Portfolio in Review
As of Q2 2016, Bank of Montreal held 4,663 positions worth $87.4B, down 6.8% from $93.8B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $5.19B of net new capital in Q2 2016, opening 328 new positions and adding to 1,619 existing holdings. Its largest new stake was Brookfield Business Partners: 789,763 shares worth $9.68M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 22% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $292M trimmed.
- Bank of Montreal's largest Q2 2016 buy was Brookfield Business Partners: 789,763 shares worth $9.68M.
- Bank of Montreal added most to VanEck Gold Miners ETF in Q2 2016, an estimated $316M increase.
- Bank of Montreal's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $292M.
- Bank of Montreal fully exited PROGRESSIVE WASTE SOLUTIONS LTD COM in Q2 2016, selling an estimated $124M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.4B portfolio in Q2 2016.
- Bank of Montreal opened 328 new positions and closed 507 in Q2 2016.
- Bank of Montreal's portfolio value fell 6.8% quarter-over-quarter to $87.4B.
Based on Bank of Montreal's 13F filing for Q2 2016, filed 25 Jul 2016.