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 | 25.32% |
| 2 | Technology | 11.27% |
| 3 | Energy | 8.71% |
| 4 | Industrials | 8.12% |
| 5 | Communication Services | 8.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Best Buy
BBY
$17.5B
| $45.2M | 0.03% |
514,325
+6,037
| +1% | +$462K |
|
427
Republic Services
RSG
$65.6B
| $45.1M | 0.03% |
503,403
-148,788
| -23% | -$13M |
|
428
Huntington Bancshares
HBAN
$36.1B
| $45M | 0.03% |
2,985,300
-186,957
| -6% | -$2.74M |
|
429
Infosys
INFY
$49.7B
| $45M | 0.03% |
4,360,785
+1,647,054
| +61% | +$16.6M |
|
430
SPDR Gold Trust
GLD
$144B
| $44.9M | 0.03% |
314,034
-24,720
| -7% | -$3.45M |
|
431
Eversource Energy
ES
$26.9B
| $44.8M | 0.03% |
526,101
-78,341
| -13% | -$6.51M |
|
432
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $44.4M | 0.03% |
969,774
-16,764
| -2% | -$718K |
|
433
CALL
Netflix
NFLX
$309B
| $44.4M | 0.03% |
1,372,000
+1,122,000
| +449% | +$33.3M |
|
434
Martin Marietta Materials
MLM
$32.7B
| $44.2M | 0.03% |
158,167
+22,777
| +17% | +$6.07M |
|
435
Verisk Analytics
VRSK
$23.5B
| $44.2M | 0.03% |
296,024
-40,670
| -12% | -$6.03M |
|
436
Camden Property Trust
CPT
$10.9B
| $43.7M | 0.03% |
412,114
+24,460
| +6% | +$2.71M |
|
437
Carnival Corporation Ltd
CCL
$37.9B
| $43.7M | 0.03% |
859,121
+191,190
| +29% | +$8.54M |
|
438
Teradyne
TER
$63B
| $43.6M | 0.03% |
639,312
+275,957
| +76% | +$17.5M |
|
439
Amdocs
DOX
$6.08B
| $43.3M | 0.03% |
600,424
+67,772
| +13% | +$4.62M |
|
440
CMS Energy
CMS
$22B
| $43.1M | 0.03% |
685,988
-110,452
| -14% | -$6.89M |
|
|
BBU
441
DELISTED
Brookfield Business Partners
BBU
| $42.9M | 0.03% |
1,619,736
+52,768
| +3% | +$1.37M |
|
|
TWTR
442
DELISTED
Twitter, Inc.
TWTR
| $42.9M | 0.03% |
1,337,285
-162,814
| -11% | -$5.36M |
|
443
CALL
NVIDIA
NVDA
$5.43T
| $42.7M | 0.03% |
7,260,000
+5,552,000
| +325% | +$28.9M |
|
444
iShares Core S&P Mid-Cap ETF
IJH
$128B
| $42.7M | 0.03% |
1,037,000
+970,025
| +1,448% | +$38.4M |
|
445
HP
HPQ
$26.8B
| $42.5M | 0.03% |
2,069,431
+995,844
| +93% | +$18.9M |
|
446
Labcorp
LH
$26.2B
| $42.1M | 0.03% |
289,909
+32,568
| +13% | +$4.7M |
|
447
CALL
Dollar General
DG
$26.4B
| $42.1M | 0.03% |
+270,000
| New | +$42.8M |
|
|
448
PUT
Dollar General
DG
$26.4B
| $42.1M | 0.03% |
+270,000
| New | +$42.8M |
|
449
CALL
Meta Platforms (Facebook)
META
$1.47T
| $42.1M | 0.03% |
205,000
+173,300
| +547% | +$33.6M |
|
450
Johnson Controls International
JCI
$92.6B
| $41.9M | 0.03% |
1,029,717
-221,782
| -18% | -$9.36M |
|
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 $10.1B 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 Energy.
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.