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 |
AABA
Altaba Inc
AABA
|
+$616M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$239M |
| 3 |
DuPont de Nemours
DD
|
+$227M |
| 4 |
AbbVie
ABBV
|
+$223M |
| 5 |
General Motors
GM
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mondelez International
MDLZ
|
+$299M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$284M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$229M |
| 4 |
BP
BP
|
+$216M |
| 5 |
Air Products & Chemicals
APD
|
+$204M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.73% |
| 2 | Energy | 10.69% |
| 3 | Technology | 8.65% |
| 4 | Industrials | 8.51% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $25M | 0.02% |
444,744
-34,214
| -7% | -$1.92M |
|
527
DTE Energy
DTE
$28.6B
| $24.7M | 0.02% |
270,519
-32,709
| -11% | -$3.03M |
|
528
CDW
CDW
$16.9B
| $24.6M | 0.02% |
372,847
-48,416
| -11% | -$3.03M |
|
|
CEQP
529
DELISTED
Crestwood Equity Partners LP
CEQP
| $24.6M | 0.02% |
1,007,846
-7,154
| -0.7% | -$176K |
|
530
LKQ Corp
LKQ
$6.25B
| $24.5M | 0.02% |
681,326
-2,554
| -0.4% | -$87K |
|
531
Lumen
LUMN
$6.58B
| $24.4M | 0.02% |
1,292,369
-193,764
| -13% | -$4.08M |
|
532
Main Street Capital
MAIN
$5.52B
| $24.4M | 0.02% |
613,487
+137,870
| +29% | +$5.42M |
|
533
Rio Tinto
RIO
$164B
| $24.3M | 0.02% |
515,478
+5,828
| +1% | +$271K |
|
534
FS KKR Capital
FSK
$3.39B
| $24.3M | 0.02% |
718,250
-50,000
| -7% | -$1.72M |
|
535
Marriott International
MAR
$91.1B
| $24.2M | 0.02% |
219,249
+18,948
| +9% | +$1.95M |
|
|
HES
536
DELISTED
Hess
HES
| $24M | 0.02% |
511,477
-162,010
| -24% | -$6.85M |
|
537
iShares Biotechnology ETF
IBB
$9.81B
| $23.9M | 0.02% |
215,073
+82,980
| +63% | +$8.87M |
|
538
Best Buy
BBY
$17.6B
| $23.9M | 0.02% |
418,989
-203,789
| -33% | -$11.7M |
|
539
Quest Diagnostics
DGX
$26.2B
| $23.8M | 0.02% |
254,160
-37,414
| -13% | -$3.97M |
|
540
VeriSign
VRSN
$26B
| $23.8M | 0.02% |
223,252
+92,763
| +71% | +$9.34M |
|
541
D.R. Horton
DHI
$42.2B
| $23.6M | 0.02% |
592,232
+409,311
| +224% | +$14.9M |
|
542
Microchip Technology
MCHP
$44B
| $23.6M | 0.02% |
526,546
-217,294
| -29% | -$9.11M |
|
|
TAHO
543
DELISTED
Tahoe Resources Inc
TAHO
| $23.6M | 0.02% |
4,477,412
-3,497,999
| -44% | -$19M |
|
544
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $23.6M | 0.02% |
614,056
+6,797
| +1% | +$263K |
|
|
SEP
545
DELISTED
Spectra Engy Parters Lp
SEP
| $23.5M | 0.02% |
529,700
-59,803
| -10% | -$2.66M |
|
546
Cencora
COR
$63.7B
| $23.3M | 0.02% |
281,861
-4,237
| -1% | -$359K |
|
547
Dollar Tree
DLTR
$24.6B
| $23.3M | 0.02% |
268,590
-3,014
| -1% | -$230K |
|
548
Las Vegas Sands
LVS
$29.6B
| $23.3M | 0.02% |
362,640
-63,784
| -15% | -$3.96M |
|
549
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $23.2M | 0.02% |
261,673
-88,348
| -25% | -$7.8M |
|
550
AES
AES
$10.5B
| $23.1M | 0.02% |
2,095,328
+196,569
| +10% | +$2.19M |
|
Similar funds
Bank of Montreal's Q3 2017 Portfolio in Review
As of Q3 2017, Bank of Montreal held 4,520 positions worth $109B, up 4.7% from $104B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal's Q3 2017 filing shows 258 new, 1,597 increased, 1,464 reduced and 295 closed positions. Its largest new stake was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M. The largest sale was Mondelez International, an estimated $299M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, up from 26% a quarter earlier, followed by Energy and Technology.
- Bank of Montreal's largest Q3 2017 buy was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M.
- Bank of Montreal added most to Altaba Inc in Q3 2017, an estimated $616M increase.
- Bank of Montreal's biggest Q3 2017 reduction was Mondelez International, cutting an estimated $299M.
- Bank of Montreal fully exited Reynolds American Inc in Q3 2017, selling an estimated $229M.
- Bank of Montreal's ten largest holdings make up 21% of its $109B portfolio in Q3 2017.
- Bank of Montreal opened 258 new positions and closed 295 in Q3 2017.
- Bank of Montreal's portfolio value rose 4.7% quarter-over-quarter to $109B.
Based on Bank of Montreal's 13F filing for Q3 2017, filed 16 Oct 2017.