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 |
Amazon
AMZN
|
+$856M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$781M |
| 3 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$367M |
| 4 |
Energy Transfer Partners
ET
|
+$311M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$968M |
| 2 |
Alibaba
BABA
|
+$290M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$276M |
| 4 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$222M |
| 5 |
Cigna
CI
|
+$217M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.69% |
| 2 | Technology | 9.46% |
| 3 | Communication Services | 8.94% |
| 4 | Energy | 8.17% |
| 5 | Healthcare | 7.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
CDW
CDW
$17.8B
| $36.5M | 0.03% |
450,503
-87,896
| -16% | -$7.57M |
|
402
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $36.4M | 0.03% |
1,527,668
-538,527
| -26% | -$14M |
|
403
Blackrock
BLK
$183B
| $36.3M | 0.03% |
92,521
-141,204
| -60% | -$57.8M |
|
404
Consolidated Edison
ED
$40.1B
| $36.1M | 0.03% |
471,645
-183,835
| -28% | -$14.4M |
|
405
Boston Scientific
BSX
$74.9B
| $36M | 0.03% |
1,019,322
-63,850
| -6% | -$2.32M |
|
406
Cameco
CCJ
$42.6B
| $36M | 0.03% |
3,173,626
+229,498
| +8% | +$2.66M |
|
|
VRN
407
DELISTED
Veren
VRN
| $36M | 0.03% |
11,926,895
-725,708
| -6% | -$3.09M |
|
408
Tractor Supply
TSCO
$18.8B
| $35.8M | 0.03% |
2,144,090
-337,530
| -14% | -$6.05M |
|
409
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $35.7M | 0.03% |
324,086
+216,410
| +201% | +$23.9M |
|
410
Chipotle Mexican Grill
CMG
$41.3B
| $35.7M | 0.03% |
4,135,750
+3,105,350
| +301% | +$28.1M |
|
411
iShares Russell 1000 Growth ETF
IWF
$129B
| $35.5M | 0.03% |
1,085,972
+2,628
| +0.2% | +$92.6K |
|
412
Baxter International
BAX
$14B
| $35.5M | 0.03% |
539,842
-162,503
| -23% | -$10.9M |
|
413
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $35M | 0.03% |
668,573
+24,306
| +4% | +$1.27M |
|
414
Sempra
SRE
$56.5B
| $35M | 0.03% |
647,482
-25,602
| -4% | -$1.46M |
|
|
SPLK
415
DELISTED
Splunk Inc
SPLK
| $34.8M | 0.03% |
331,882
+286,208
| +627% | +$29M |
|
416
Ventas
VTR
$46.3B
| $34.8M | 0.03% |
593,312
-153,511
| -21% | -$9.05M |
|
417
Infosys
INFY
$50.3B
| $34.8M | 0.03% |
3,650,694
-155,906
| -4% | -$1.49M |
|
418
Oneok
OKE
$58.4B
| $34.6M | 0.03% |
641,040
-132,517
| -17% | -$8.23M |
|
419
Seagate
STX
$209B
| $34.5M | 0.03% |
893,844
-213,333
| -19% | -$8.98M |
|
420
Clorox
CLX
$12.9B
| $34.4M | 0.03% |
223,243
-62,178
| -22% | -$9.69M |
|
421
iShares Biotechnology ETF
IBB
$9.77B
| $34.4M | 0.03% |
356,482
+62,272
| +21% | +$6.61M |
|
422
Omnicom Group
OMC
$24.2B
| $34.3M | 0.03% |
468,536
-111,315
| -19% | -$8.25M |
|
423
VanEck Gold Miners ETF
GDX
$26.9B
| $34.2M | 0.03% |
1,623,425
+215,029
| +15% | +$4.22M |
|
|
PPLI
424
People Inc
PPLI
$3.01B
| $34.2M | 0.03% |
1,045,513
+980,925
| +1,519% | +$32.9M |
|
425
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $34.1M | 0.03% |
688,166
+572,184
| +493% | +$30.3M |
|
Similar funds
Bank of Montreal's Q4 2018 Portfolio in Review
As of Q4 2018, Bank of Montreal held 5,067 positions worth $106B, down 17% from $128B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $3.74B in Q4 2018, closing 348 positions and reducing 1,705 holdings. Its most notable exit was Energy Transfer Partners, L.P., an estimated $222M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 24% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in Cheer Holding worth $18.7M.
- Bank of Montreal's largest Q4 2018 buy was Cheer Holding: 1,293 shares worth $18.7M.
- Bank of Montreal added most to Amazon in Q4 2018, an estimated $856M increase.
- Bank of Montreal's biggest Q4 2018 reduction was Tesla, cutting an estimated $968M.
- Bank of Montreal fully exited Energy Transfer Partners, L.P. in Q4 2018, selling an estimated $222M.
- Bank of Montreal's ten largest holdings make up 22% of its $106B portfolio in Q4 2018.
- Bank of Montreal opened 284 new positions and closed 348 in Q4 2018.
- Bank of Montreal's portfolio value fell 17% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q4 2018, filed 22 Jan 2019.