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 | 24.85% |
| 2 | Energy | 10.62% |
| 3 | Communication Services | 8.5% |
| 4 | Industrials | 7.77% |
| 5 | Consumer Discretionary | 7.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Roper Technologies
ROP
$39.5B
| $32.3M | 0.04% |
189,578
-13,475
| -7% | -$2.36M |
|
402
Thermo Fisher Scientific
TMO
$224B
| $32.1M | 0.04% |
216,929
-53,339
| -20% | -$7.87M |
|
403
CALL
Royal Bank of Canada
RY
$292B
| $32M | 0.04% |
541,600
+409,600
| +310% | +$24.6M |
|
404
iShares S&P 500 Growth ETF
IVW
$76.9B
| $32M | 0.04% |
1,097,904
+141,704
| +15% | +$4.11M |
|
405
FS KKR Capital
FSK
$3.39B
| $31.6M | 0.04% |
873,000
+191,529
| +28% | +$6.93M |
|
406
Salesforce
CRM
$162B
| $31.6M | 0.04% |
397,836
+22,278
| +6% | +$1.75M |
|
407
Phillips 66
PSX
$89.5B
| $31.3M | 0.04% |
394,285
+80,314
| +26% | +$6.56M |
|
408
Macy's
M
$6.45B
| $31.2M | 0.04% |
928,099
-388,907
| -30% | -$13.9M |
|
409
Ally Financial
ALLY
$13.4B
| $30.8M | 0.04% |
1,805,813
+975,785
| +118% | +$16.9M |
|
410
HDFC Bank
HDB
$120B
| $30.8M | 0.04% |
1,857,444
+5,972
| +0.3% | +$95.2K |
|
411
Lam Research
LRCX
$390B
| $30.7M | 0.04% |
3,656,760
-191,040
| -5% | -$1.53M |
|
412
Stryker
SYK
$134B
| $30.7M | 0.04% |
256,013
-14,720
| -5% | -$1.65M |
|
413
State Street
STT
$51.4B
| $30.6M | 0.04% |
568,239
+9,377
| +2% | +$560K |
|
414
AutoZone
AZO
$49.7B
| $30.6M | 0.04% |
38,540
+3,848
| +11% | +$2.96M |
|
415
NVIDIA
NVDA
$5.27T
| $30.5M | 0.03% |
25,973,560
-1,205,040
| -4% | -$1.24M |
|
|
SCHW
416
Charles Schwab
SCHW
$186B
| $30.4M | 0.03% |
1,199,218
+377,667
| +46% | +$10.7M |
|
417
DTE Energy
DTE
$28.6B
| $30.3M | 0.03% |
359,210
+65,653
| +22% | +$5.08M |
|
418
Rockwell Automation
ROK
$49.6B
| $30.2M | 0.03% |
263,191
+210,171
| +396% | +$24.1M |
|
419
Mohawk Industries
MHK
$9.26B
| $30.2M | 0.03% |
159,191
-8,760
| -5% | -$1.7M |
|
420
AvalonBay Communities
AVB
$26B
| $30.2M | 0.03% |
167,232
+54,692
| +49% | +$9.85M |
|
421
AXIS Capital
AXS
$7.35B
| $30.1M | 0.03% |
547,787
+99,195
| +22% | +$5.38M |
|
422
Baidu
BIDU
$35.9B
| $30.1M | 0.03% |
182,165
-27,999
| -13% | -$4.92M |
|
423
State Street SPDR S&P Homebuilders ETF
XHB
$1.61B
| $29.9M | 0.03% |
892,593
+758,219
| +564% | +$25.6M |
|
424
PUT
Enbridge
ENB
$113B
| $29.9M | 0.03% |
706,300
-316,600
| -31% | -$12.9M |
|
425
Pultegroup
PHM
$25.2B
| $29.9M | 0.03% |
1,534,496
+1,299,416
| +553% | +$24.1M |
|
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 withdrew a net $8.25B in Q2 2016, closing 507 positions and reducing 1,535 holdings. Its most notable exit was PROGRESSIVE WASTE SOLUTIONS LTD COM, an estimated $124M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 22% a quarter earlier, followed by Energy and Communication Services.
Against the trend, Bank of Montreal opened a new position in Brookfield Business Partners worth $9.68M.
- 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.