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 | |
|---|---|---|---|---|---|---|---|
|
FAX
3801
abrdn Asia-Pacific Income Fund
FAX
$530M
| $54K | ﹤0.01% |
2,100
| – | – |
2013 Q2
26 quarters
|
|
3802
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.07B
| $54K | ﹤0.01% |
1,500
| – | – |
2017 Q3
9 quarters
|
|
3803
Kenon Holdings
KEN
$3.09B
| $54K | ﹤0.01% |
2,549
| – | – |
2019 Q3
1 quarter
|
|
|
NXRT
3804
NexPoint Residential Trust
NXRT
$482M
| $54K | ﹤0.01% |
1,201
-1,528
| -56% | -$72K |
2016 Q1
15 quarters
|
|
3805
Qfin Holdings
QFIN
$785M
| $54K | ﹤0.01% |
5,540
-460
| -8% | -$4.16K |
2019 Q3
1 quarter
|
|
3806
Schwab US Large-Cap Growth ETF
SCHG
$63.8B
| $54K | ﹤0.01% |
4,648
+16
| +0.3% | +$176 |
2014 Q2
22 quarters
|
|
3807
abrdn Physical Gold Shares ETF
SGOL
$6.97B
| $54K | ﹤0.01% |
3,700
| – | – |
2013 Q4
24 quarters
|
|
|
NRGZ
3808
DELISTED
MicroSectors US Big Oil -2X Inverse Leveraged ETN
NRGZ
| $54K | ﹤0.01% |
1,271
| – | – |
2019 Q2
2 quarters
|
|
|
IHC
3809
DELISTED
Independence Holding Company
IHC
| $54K | ﹤0.01% |
1,276
+192
| +18% | +$7.71K |
2015 Q4
16 quarters
|
|
3810
Digimarc Corp
DMRC
$152M
| $53K | ﹤0.01% |
1,593
+441
| +38% | +$15.8K |
2015 Q4
16 quarters
|
|
|
DQ
3811
Daqo New Energy
DQ
$754M
| $53K | ﹤0.01% |
5,215
-285
| -5% | -$2.42K |
2017 Q4
8 quarters
|
|
3812
Dorian LPG
LPG
$2.42B
| $53K | ﹤0.01% |
3,409
+956
| +39% | +$12.6K |
2016 Q3
13 quarters
|
|
|
HTB
3813
HomeTrust Bancshares
HTB
$762M
| $53K | ﹤0.01% |
1,977
+585
| +42% | +$15.4K |
2019 Q2
2 quarters
|
|
|
BREW
3814
DELISTED
Craft Brew Alliance, Inc.
BREW
| $53K | ﹤0.01% |
3,177
+595
| +23% | +$7.42K |
2013 Q4
24 quarters
|
|
|
AMNB
3815
DELISTED
American National Bankshares Inc
AMNB
| $53K | ﹤0.01% |
1,351
+413
| +44% | +$15.4K |
2018 Q2
6 quarters
|
|
3816
i3 Verticals
IIIV
$261M
| $52K | ﹤0.01% |
1,825
-5,292
| -74% | -$125K |
2018 Q3
5 quarters
|
|
3817
iShares US Energy ETF
IYE
$1.68B
| $52K | ﹤0.01% |
1,624
-25,695
| -94% | -$812K |
2013 Q2
26 quarters
|
|
3818
Motorcar Parts of America
MPAA
$196M
| $52K | ﹤0.01% |
2,346
+638
| +37% | +$12.3K |
2015 Q4
16 quarters
|
|
|
TECX
3819
Tectonic Therapeutic
TECX
$443M
| $52K | ﹤0.01% |
217
+66
| +44% | +$12.7K |
2019 Q2
2 quarters
|
|
|
MTEM
3820
DELISTED
Molecular Templates, Inc.
MTEM
| $52K | ﹤0.01% |
248
+45
| +22% | +$6.47K |
2018 Q2
6 quarters
|
|
|
KNAB
3821
DELISTED
MicroSectorsTM U.S. Big Banks Index Inverse ETNs
KNAB
| $52K | ﹤0.01% |
1,303
-100
| -7% | -$4.31K |
2019 Q2
2 quarters
|
|
|
S
3822
CALL
DELISTED
Sprint Corporation
S
| $52K | ﹤0.01% |
+10,000
| New | +$58.6K |
2019 Q4
0 quarters
|
|
3823
PUT
Arrowhead Research
ARWR
$9.15B
| $51K | ﹤0.01% |
800
| – | – |
2019 Q2
2 quarters
|
|
3824
Citizens
CIA
$176M
| $51K | ﹤0.01% |
7,530
+1,880
| +33% | +$12.9K |
2017 Q2
10 quarters
|
|
|
DX
3825
Dynex Capital
DX
$2.75B
| $51K | ﹤0.01% |
2,977
-4,000
| -57% | -$64.6K |
2018 Q2
6 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.