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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.61% |
| 2 | Technology | 11.96% |
| 3 | Healthcare | 8.49% |
| 4 | Industrials | 8.31% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Cencora
COR
$59.8B
| $21M | 0.02% |
250,909
-36,685
| -13% | -$3.23M |
|
477
Vanguard Total Bond Market
BND
$162B
| $21M | 0.02% |
244,104
-7,281
| -3% | -$619K |
|
478
Americold
COLD
$4.35B
| $21M | 0.02% |
627,827
+171,676
| +38% | +$5.75M |
|
479
Boston Scientific
BSX
$74.6B
| $21M | 0.02% |
675,682
-324,293
| -32% | -$12.7M |
|
480
Cameco
CCJ
$42.9B
| $20.9M | 0.02% |
2,603,701
-400,993
| -13% | -$3.29M |
|
481
State Street
STT
$52.3B
| $20.9M | 0.02% |
398,219
-280,851
| -41% | -$19.5M |
|
482
CDW
CDW
$17.3B
| $20.8M | 0.02% |
236,834
-154,459
| -39% | -$18.9M |
|
483
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $20.8M | 0.02% |
240,883
-457,794
| -66% | -$41.6M |
|
|
SRC
484
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $20.8M | 0.02% |
899,067
+857,960
| +2,087% | +$38.8M |
|
485
PACCAR
PCAR
$68.7B
| $20.7M | 0.02% |
511,238
-411,550
| -45% | -$19.4M |
|
486
Best Buy
BBY
$18B
| $20.7M | 0.02% |
392,215
-122,110
| -24% | -$9.68M |
|
487
CALL
McKesson
MCK
$100B
| $20.7M | 0.02% |
+160,000
| New | +$23.4M |
|
|
CGC
488
Canopy Growth
CGC
$426M
| $20.7M | 0.02% |
149,673
-36,663
| -20% | -$6.89M |
|
489
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.67B
| $20.6M | 0.02% |
613,427
-1,217,270
| -66% | -$80.6M |
|
|
MGP
490
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $20.6M | 0.02% |
903,803
+582,957
| +182% | +$16.6M |
|
491
Dover
DOV
$27.9B
| $20.5M | 0.02% |
254,870
-52,580
| -17% | -$5.57M |
|
492
Martin Marietta Materials
MLM
$32.9B
| $20.5M | 0.02% |
113,531
-44,636
| -28% | -$10.7M |
|
493
SBA Communications
SBAC
$19.8B
| $20.4M | 0.02% |
74,258
-24,150
| -25% | -$6.37M |
|
494
ON Semiconductor
ON
$32.4B
| $20.4M | 0.02% |
1,807,471
+332,850
| +23% | +$6.51M |
|
495
ResMed
RMD
$32.7B
| $20.1M | 0.02% |
133,786
-58,925
| -31% | -$9.39M |
|
496
TransUnion
TRU
$15.2B
| $20.1M | 0.02% |
324,238
+268,083
| +477% | +$23.2M |
|
497
Arthur J. Gallagher & Co
AJG
$64.3B
| $20M | 0.02% |
253,832
-43,860
| -15% | -$4.2M |
|
498
DTE Energy
DTE
$28.9B
| $20M | 0.02% |
263,433
-16,285
| -6% | -$1.65M |
|
499
iShares 20+ Year Treasury Bond ETF
TLT
$40.8B
| $19.9M | 0.02% |
118,396
+4,625
| +4% | +$689K |
|
500
Jacobs Solutions
J
$16.7B
| $19.9M | 0.02% |
295,856
-70,959
| -19% | -$5.34M |
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $14.8B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.