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 |
Mastercard
MA
|
+$194M |
| 2 |
Oracle
ORCL
|
+$159M |
| 3 |
AutoZone
AZO
|
+$159M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$157M |
| 5 |
Merck
MRK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$881M |
| 2 |
Blackstone
BX
|
+$367M |
| 3 |
Toronto Dominion Bank
TD
|
+$297M |
| 4 |
Scotiabank
BNS
|
+$264M |
| 5 |
Netflix
NFLX
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.68% |
| 2 | Technology | 10.17% |
| 3 | Energy | 8.75% |
| 4 | Industrials | 7.94% |
| 5 | Communication Services | 7.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Darden Restaurants
DRI
$24.9B
| $40.1M | 0.03% |
329,705
+16,281
| +5% | +$1.94M |
|
427
Verisk Analytics
VRSK
$23.6B
| $40.1M | 0.03% |
273,946
+103,239
| +60% | +$14.6M |
|
428
Charter Communications
CHTR
$18.8B
| $40.1M | 0.03% |
101,463
+11,361
| +13% | +$4.26M |
|
429
Oneok
OKE
$57.7B
| $40.1M | 0.03% |
582,606
+29,829
| +5% | +$2.01M |
|
430
Xcel Energy
XEL
$48.5B
| $40M | 0.03% |
672,112
+5,948
| +0.9% | +$342K |
|
431
Labcorp
LH
$26.1B
| $40M | 0.03% |
269,069
+2,228
| +0.8% | +$311K |
|
|
FISV
432
Fiserv Inc
FISV
$28B
| $39.8M | 0.03% |
436,816
-71,986
| -14% | -$6.31M |
|
433
Aon
AON
$75.6B
| $39.6M | 0.03% |
205,265
+3,781
| +2% | +$685K |
|
434
Camden Property Trust
CPT
$10.9B
| $39.6M | 0.03% |
379,330
+56,080
| +17% | +$5.75M |
|
435
Henry Schein
HSIC
$9.94B
| $39.6M | 0.03% |
566,162
+61,817
| +12% | +$4.09M |
|
436
PUT
Microsoft
MSFT
$3.74T
| $39.5M | 0.03% |
294,800
+154,800
| +111% | +$19.7M |
|
437
ON Semiconductor
ON
$31.6B
| $39.5M | 0.03% |
1,953,843
-60,435
| -3% | -$1.25M |
|
438
A.O. Smith
AOS
$8.65B
| $39.5M | 0.03% |
836,941
+93,136
| +13% | +$4.57M |
|
439
PUT
Canadian Imperial Bank of Commerce
CM
$109B
| $39.4M | 0.03% |
1,001,800
+650,000
| +185% | +$26.2M |
|
|
HES
440
DELISTED
Hess
HES
| $39.3M | 0.03% |
618,603
+24,180
| +4% | +$1.5M |
|
441
Idexx Laboratories
IDXX
$46.2B
| $39.2M | 0.03% |
142,403
-106,411
| -43% | -$26.2M |
|
442
VanEck Gold Miners ETF
GDX
$27.5B
| $38.9M | 0.03% |
1,523,807
+728,663
| +92% | +$16.1M |
|
|
ETFC
443
DELISTED
E*Trade Financial Corporation
ETFC
| $38.6M | 0.03% |
866,547
-31,769
| -4% | -$1.52M |
|
444
McKesson
MCK
$105B
| $38.5M | 0.03% |
286,462
+10,879
| +4% | +$1.36M |
|
445
BBVA Argentina
BBAR
$3.36B
| $38.1M | 0.03% |
3,362,455
-322,251
| -9% | -$3.01M |
|
446
Chipotle Mexican Grill
CMG
$40.5B
| $38.1M | 0.03% |
2,596,700
+2,038,850
| +365% | +$28.7M |
|
447
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.7B
| $38M | 0.03% |
638,278
-8,414
| -1% | -$492K |
|
448
Ross Stores
ROST
$80.8B
| $37.5M | 0.03% |
378,139
-5,996
| -2% | -$584K |
|
449
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $37.1M | 0.03% |
425,375
+48,568
| +13% | +$4.19M |
|
450
WEX
WEX
$6.44B
| $37M | 0.03% |
177,605
-2,428
| -1% | -$489K |
|
Similar funds
Bank of Montreal's Q2 2019 Portfolio in Review
As of Q2 2019, Bank of Montreal held 5,259 positions worth $119B, up 1.9% from $117B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2019 filing shows 823 new, 2,226 increased, 1,465 reduced and 324 closed positions. Its largest new stake was Dow Inc: 1,346,158 shares worth $66.4M. The largest sale was Apple, an estimated $881M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q2 2019 buy was Dow Inc: 1,346,158 shares worth $66.4M.
- Bank of Montreal added most to Mastercard in Q2 2019, an estimated $194M increase.
- Bank of Montreal's biggest Q2 2019 reduction was Apple, cutting an estimated $881M.
- Bank of Montreal fully exited Goldcorp Inc in Q2 2019, selling an estimated $93M.
- Bank of Montreal's ten largest holdings make up 22% of its $119B portfolio in Q2 2019.
- Bank of Montreal opened 823 new positions and closed 324 in Q2 2019.
- Bank of Montreal's portfolio value rose 1.9% quarter-over-quarter to $119B.
Based on Bank of Montreal's 13F filing for Q2 2019, filed 9 Aug 2019.