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 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.52% |
| 2 | Technology | 10.11% |
| 3 | Energy | 9.47% |
| 4 | Industrials | 8.48% |
| 5 | Communication Services | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Dover
DOV
$27.8B
| $29.6M | 0.03% |
297,662
+136,075
| +84% | +$13.1M |
|
502
PUT
Alphabet (Google) Class A
GOOGL
$4.24T
| $29.6M | 0.03% |
484,000
+332,000
| +218% | +$19.7M |
|
503
HighPeak Energy
HPK
$947M
| $29.5M | 0.03% |
2,879,400
| – | – |
|
504
iShares MSCI Saudi Arabia ETF
KSA
$625M
| $29.5M | 0.03% |
966,600
+453,900
| +89% | +$14.4M |
|
505
iShares 20+ Year Treasury Bond ETF
TLT
$40.8B
| $29.4M | 0.03% |
205,632
-158,350
| -44% | -$22M |
|
506
Cognizant
CTSH
$26.7B
| $29.3M | 0.03% |
486,316
+57,509
| +13% | +$3.64M |
|
507
NGL Energy Partners
NGL
$2.13B
| $29.2M | 0.03% |
2,101,279
+55,020
| +3% | +$776K |
|
508
Carnival Corporation Ltd
CCL
$38.9B
| $29.2M | 0.03% |
667,931
+48,922
| +8% | +$2.26M |
|
509
Marriott International
MAR
$91.9B
| $29.1M | 0.03% |
234,144
-917
| -0.4% | -$122K |
|
510
Zebra Technologies
ZBRA
$18B
| $29.1M | 0.03% |
140,888
-32,670
| -19% | -$6.6M |
|
511
Rio Tinto
RIO
$160B
| $29.1M | 0.03% |
557,951
+32,288
| +6% | +$1.75M |
|
512
Avis
CAR
$4.84B
| $29M | 0.03% |
1,025,383
+48,389
| +5% | +$1.48M |
|
513
Illumina
ILMN
$29.1B
| $28.8M | 0.02% |
97,328
+3,054
| +3% | +$900K |
|
514
Icon
ICLR
$12.9B
| $28.7M | 0.02% |
195,051
-1,298
| -0.7% | -$199K |
|
515
UDR
UDR
$12.2B
| $28.5M | 0.02% |
587,474
+15,330
| +3% | +$722K |
|
516
Ralph Lauren
RL
$23.1B
| $28.4M | 0.02% |
297,208
+50,068
| +20% | +$4.95M |
|
517
Invesco Senior Loan ETF
BKLN
$6.76B
| $28.3M | 0.02% |
1,253,183
+145,355
| +13% | +$3.3M |
|
518
ON Semiconductor
ON
$31.8B
| $28.3M | 0.02% |
1,472,522
-481,321
| -25% | -$9.26M |
|
519
Cboe Global Markets
CBOE
$30.6B
| $28.2M | 0.02% |
244,999
+82,354
| +51% | +$9.53M |
|
|
EA
520
DELISTED
Electronic Arts
EA
| $28.1M | 0.02% |
287,105
-211,398
| -42% | -$19.9M |
|
521
CALL
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $28M | 0.02% |
1,001,000
| – | – |
|
|
522
PUT
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $28M | 0.02% |
1,001,000
-563,800
| -36% | -$15.6M |
|
|
SPLK
523
DELISTED
Splunk Inc
SPLK
| $27.9M | 0.02% |
236,729
-117,264
| -33% | -$14.6M |
|
524
PUT
TC Energy
TRP
$65.8B
| $27.8M | 0.02% |
537,500
+2,500
| +0.5% | +$125K |
|
|
BRMK
525
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $27.6M | 0.02% |
2,647,500
-112,500
| -4% | -$1.17M |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.