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 |
Chevron
CVX
|
+$267M |
| 2 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$235M |
| 3 |
AABA
Altaba Inc
AABA
|
+$207M |
| 4 |
WCN
Waste Connections
WCN
|
+$192M |
| 5 |
Blackstone
BX
|
+$187M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$761M |
| 2 |
Royal Bank of Canada
RY
|
+$340M |
| 3 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$298M |
| 4 |
EOG Resources
EOG
|
+$262M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.01% |
| 2 | Energy | 10.73% |
| 3 | Industrials | 8.34% |
| 4 | Communication Services | 7.9% |
| 5 | Technology | 7.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ERF
551
DELISTED
Enerplus Corporation
ERF
| $23M | 0.02% |
2,830,308
+530,278
| +23% | +$4.18M |
|
552
Leggett & Platt
LEG
$1.29B
| $22.9M | 0.02% |
436,405
-16,965
| -4% | -$885K |
|
553
JD.com
JD
$45.2B
| $22.8M | 0.02% |
581,950
+147,600
| +34% | +$5.57M |
|
554
T-Mobile US
TMUS
$191B
| $22.8M | 0.02% |
375,933
+156,539
| +71% | +$10.2M |
|
|
SPLS
555
DELISTED
Staples Inc
SPLS
| $22.5M | 0.02% |
2,238,859
+179,355
| +9% | +$1.68M |
|
556
LKQ Corp
LKQ
$6.22B
| $22.5M | 0.02% |
683,880
+17,461
| +3% | +$540K |
|
557
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.1B
| $22.4M | 0.02% |
756,213
-18,569
| -2% | -$549K |
|
558
PUT
EQT Corp
EQT
$33.8B
| $22.2M | 0.02% |
697,325
+27,922
| +4% | +$884K |
|
559
MidCap Financial Investment
MFIC
$797M
| $22.2M | 0.02% |
1,155,613
-83,334
| -7% | -$1.62M |
|
560
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.77B
| $22M | 0.02% |
216,812
+125,206
| +137% | +$12.7M |
|
561
Nucor
NUE
$62.5B
| $21.9M | 0.02% |
378,797
-10,314
| -3% | -$605K |
|
562
Blackstone Mortgage Trust
BXMT
$2.39B
| $21.9M | 0.02% |
691,760
-62,000
| -8% | -$1.93M |
|
563
KLA
KLAC
$252B
| $21.8M | 0.02% |
2,386,600
+40,450
| +2% | +$404K |
|
564
CALL
Canadian Imperial Bank of Commerce
CM
$109B
| $21.7M | 0.02% |
534,000
-65,600
| -11% | -$2.65M |
|
565
HCA Healthcare
HCA
$89.6B
| $21.6M | 0.02% |
248,261
-76,645
| -24% | -$6.48M |
|
566
Rio Tinto
RIO
$166B
| $21.6M | 0.02% |
+509,650
| New | +$20.4M |
|
567
iShares Russell Mid-Cap Growth ETF
IWP
$20.7B
| $21.4M | 0.02% |
396,298
+168,544
| +74% | +$8.97M |
|
568
PUT
SPDR Gold Trust
GLD
$143B
| $21.2M | 0.02% |
180,000
-232,000
| -56% | -$27.8M |
|
569
AMC Global Media
AMCX
$489M
| $21.2M | 0.02% |
396,236
+325,515
| +460% | +$18.2M |
|
570
Paychex
PAYX
$43.1B
| $21.1M | 0.02% |
371,075
+24,198
| +7% | +$1.42M |
|
571
AES
AES
$10.5B
| $21.1M | 0.02% |
1,898,759
-1,029,946
| -35% | -$11.8M |
|
572
Cinemark Holdings
CNK
$4.38B
| $21M | 0.02% |
540,516
+147,350
| +37% | +$6.1M |
|
|
AMTD
573
DELISTED
TD Ameritrade Holding Corp
AMTD
| $21M | 0.02% |
487,579
-20,160
| -4% | -$783K |
|
574
Teva Pharmaceuticals
TEVA
$42.1B
| $20.9M | 0.02% |
629,537
-8,889
| -1% | -$275K |
|
575
MSCI
MSCI
$40.9B
| $20.9M | 0.02% |
202,867
-163,090
| -45% | -$16.4M |
|
Similar funds
Bank of Montreal's Q2 2017 Portfolio in Review
As of Q2 2017, Bank of Montreal held 4,472 positions worth $104B, down 1.2% from $106B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $3.22B in Q2 2017, closing 256 positions and reducing 1,448 holdings. Its most notable exit was Energy Transfer Partners L.p., an estimated $298M position sold in full.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Energy and Industrials.
Against the trend, Bank of Montreal opened a new position in Altaba Inc worth $207M.
- Bank of Montreal's largest Q2 2017 buy was Altaba Inc: 3,800,131 shares worth $207M.
- Bank of Montreal added most to Chevron in Q2 2017, an estimated $267M increase.
- Bank of Montreal's biggest Q2 2017 reduction was Toronto Dominion Bank, cutting an estimated $761M.
- Bank of Montreal fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $298M.
- Bank of Montreal's ten largest holdings make up 21% of its $104B portfolio in Q2 2017.
- Bank of Montreal opened 460 new positions and closed 256 in Q2 2017.
- Bank of Montreal's portfolio value fell 1.2% quarter-over-quarter to $104B.
Based on Bank of Montreal's 13F filing for Q2 2017, filed 11 Jul 2017.