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 |
Alphabet (Google) Class A
GOOGL
|
+$780M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$322M |
| 3 |
PepsiCo
PEP
|
+$204M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$162M |
| 5 |
Intel
INTC
|
+$142M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bausch Health
BHC
|
+$284M |
| 2 |
Archer Daniels Midland
ADM
|
+$235M |
| 3 |
Mondelez International
MDLZ
|
+$222M |
| 4 |
Scotiabank
BNS
|
+$212M |
| 5 |
Manulife Financial
MFC
|
+$196M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.1% |
| 2 | Energy | 7.98% |
| 3 | Communication Services | 7.9% |
| 4 | Healthcare | 7.59% |
| 5 | Technology | 7.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Sun Life Financial
SLF
$45.1B
| $513M | 0.61% |
16,435,325
-301,995
| -2% | -$9.96M |
|
27
JPMorgan Chase
JPM
$955B
| $504M | 0.6% |
7,630,845
+2,110,537
| +38% | +$137M |
|
28
CVS Health
CVS
$120B
| $486M | 0.58% |
4,967,220
+19,949
| +0.4% | +$1.95M |
|
29
Canadian Natural Resources
CNQ
$97.7B
| $475M | 0.57% |
45,031,920
-3,116,870
| -6% | -$34.8M |
|
30
Gilead Sciences
GILD
$167B
| $474M | 0.57% |
4,680,763
-566,070
| -11% | -$58.9M |
|
|
31
iShares MSCI EAFE ETF
EFA
$80.2B
| $438M | 0.52% |
7,463,376
+2,686,436
| +56% | +$162M |
|
32
Home Depot
HD
$356B
| $434M | 0.52% |
3,282,699
+144,835
| +5% | +$18.4M |
|
33
Boeing
BA
$186B
| $434M | 0.52% |
2,998,894
+472,410
| +19% | +$68M |
|
34
Amgen
AMGN
$224B
| $430M | 0.51% |
2,648,382
+332,329
| +14% | +$52.2M |
|
35
ExxonMobil
XOM
$661B
| $410M | 0.49% |
5,257,678
-197,025
| -4% | -$15.7M |
|
36
Travelers Companies
TRV
$78.4B
| $405M | 0.48% |
3,591,956
-1,984
| -0.1% | -$220K |
|
37
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $399M | 0.48% |
3,500,000
+3,000,000
| +600% | +$347M |
|
|
38
Bausch Health
BHC
$2.32B
| $394M | 0.47% |
3,873,765
-2,525,714
| -39% | -$284M |
|
|
39
PepsiCo
PEP
$188B
| $392M | 0.47% |
3,921,553
+2,047,746
| +109% | +$204M |
|
40
Comcast
CMCSA
$89.7B
| $390M | 0.47% |
13,822,176
+440,392
| +3% | +$13.3M |
|
41
UnitedHealth
UNH
$368B
| $383M | 0.46% |
3,254,353
-75,362
| -2% | -$8.81M |
|
42
Citigroup
C
$228B
| $344M | 0.41% |
6,652,514
+939,942
| +16% | +$49.9M |
|
|
43
PUT
iShares MSCI EAFE ETF
EFA
$80.2B
| $329M | 0.39% |
+5,605,500
| New | +$338M |
|
44
Canadian Pacific Kansas City
CP
$80.7B
| $326M | 0.39% |
12,755,720
-454,460
| -3% | -$12.8M |
|
45
Bank of America
BAC
$446B
| $319M | 0.38% |
18,925,729
+6,338,155
| +50% | +$107M |
|
46
Magna International
MGA
$19B
| $316M | 0.38% |
7,781,969
-469,918
| -6% | -$21.9M |
|
|
ARMH
47
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $315M | 0.38% |
6,972,047
+22,229
| +0.3% | +$1.05M |
|
48
American International
AIG
$40.3B
| $312M | 0.37% |
5,038,431
+669,150
| +15% | +$40.8M |
|
49
Kroger
KR
$34.6B
| $310M | 0.37% |
7,416,472
+40,342
| +0.5% | +$1.56M |
|
50
Ameriprise Financial
AMP
$49.5B
| $292M | 0.35% |
2,745,977
+22,121
| +0.8% | +$2.47M |
|
Similar funds
Bank of Montreal's Q4 2015 Portfolio in Review
As of Q4 2015, Bank of Montreal held 4,720 positions worth $83.8B, up 16% from $72.4B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Bank of Montreal deployed $10.7B of net new capital in Q4 2015, opening 583 new positions and adding to 1,997 existing holdings. Its largest new stake was Alphabet (Google) Class A: 21,085,700 shares worth $820M.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 28% a quarter earlier, followed by Energy and Communication Services.
On the sell side, the largest reduction was Bausch Health, an estimated $284M trimmed.
- Bank of Montreal's largest Q4 2015 buy was Alphabet (Google) Class A: 21,085,700 shares worth $820M.
- Bank of Montreal added most to Alphabet (Google) Class C in Q4 2015, an estimated $322M increase.
- Bank of Montreal's biggest Q4 2015 reduction was Bausch Health, cutting an estimated $284M.
- Bank of Montreal fully exited MARKWEST ENERGY PARTNERS, LP in Q4 2015, selling an estimated $67.7M.
- Bank of Montreal's ten largest holdings make up 29% of its $83.8B portfolio in Q4 2015.
- Bank of Montreal opened 583 new positions and closed 373 in Q4 2015.
- Bank of Montreal's portfolio value rose 16% quarter-over-quarter to $83.8B.
Based on Bank of Montreal's 13F filing for Q4 2015, filed 9 Feb 2016.