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 |
Mastercard
MA
|
+$512M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$458M |
| 3 |
Toronto Dominion Bank
TD
|
+$275M |
| 4 |
Shopify
SHOP
|
+$265M |
| 5 |
TC Energy
TRP
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$202M |
| 3 |
Restaurant Brands International
QSR
|
+$198M |
| 4 |
Canadian Natural Resources
CNQ
|
+$121M |
| 5 |
Invitation Homes
INVH
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.89% |
| 2 | Technology | 14.11% |
| 3 | Healthcare | 7.95% |
| 4 | Communication Services | 7.92% |
| 5 | Industrials | 7.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MGP
551
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $21.8M | 0.02% |
827,563
-76,240
| -8% | -$1.96M |
|
552
Vanguard Total Bond Market
BND
$161B
| $21.7M | 0.02% |
245,331
+1,227
| +0.5% | +$107K |
|
553
Cboe Global Markets
CBOE
$30.4B
| $21.7M | 0.02% |
240,502
-16,805
| -7% | -$1.66M |
|
554
State Street
STT
$52.2B
| $21.7M | 0.02% |
351,763
-46,456
| -12% | -$2.8M |
|
555
Skyworks Solutions
SWKS
$10.5B
| $21.6M | 0.02% |
162,911
-18,880
| -10% | -$2.09M |
|
556
CALL
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $21.5M | 0.02% |
+950,000
| New | +$21.6M |
|
557
Teradyne
TER
$63B
| $21.5M | 0.02% |
242,970
-127,576
| -34% | -$8.55M |
|
558
DTE Energy
DTE
$28.9B
| $21.5M | 0.02% |
236,579
-26,854
| -10% | -$2.38M |
|
559
TSMC
TSM
$2.23T
| $21.4M | 0.02% |
330,273
+30,771
| +10% | +$1.62M |
|
560
Ulta Beauty
ULTA
$22.9B
| $21.4M | 0.02% |
111,081
+81,534
| +276% | +$17.5M |
|
561
iShares US Home Construction ETF
ITB
$2.34B
| $21.3M | 0.02% |
479,751
+321,515
| +203% | +$12.3M |
|
562
IQVIA
IQV
$39.8B
| $21.3M | 0.02% |
147,188
+10,619
| +8% | +$1.44M |
|
563
NVR
NVR
$16.8B
| $21.3M | 0.02% |
6,567
+296
| +5% | +$907K |
|
564
McCormick & Company Non-Voting
MKC
$14.2B
| $21.1M | 0.02% |
229,344
+1,930
| +0.8% | +$159K |
|
565
ICICI Bank
IBN
$107B
| $21M | 0.02% |
2,156,244
-753,298
| -26% | -$6.69M |
|
566
Zillow
Z
$7.48B
| $21M | 0.02% |
333,310
+121,485
| +57% | +$6.03M |
|
567
DaVita
DVA
$11.6B
| $21M | 0.02% |
262,908
+32,224
| +14% | +$2.52M |
|
568
CoStar Group
CSGP
$12.4B
| $21M | 0.02% |
288,520
+53,130
| +23% | +$3.43M |
|
569
CALL
Boeing
BA
$183B
| $20.8M | 0.02% |
119,925
+75,025
| +167% | +$11.5M |
|
570
Zions Bancorporation
ZION
$10.5B
| $20.7M | 0.02% |
680,393
+41,905
| +7% | +$1.33M |
|
571
CALL
American Eagle Outfitters
AEO
$2.72B
| $20.6M | 0.02% |
+2,000,000
| New | +$18.9M |
|
572
Brixmor Property Group
BRX
$9.12B
| $20.5M | 0.02% |
1,740,018
-746,731
| -30% | -$8.44M |
|
573
Williams Companies
WMB
$90.1B
| $20.5M | 0.02% |
1,122,201
-1,015,389
| -48% | -$18.9M |
|
574
FirstEnergy
FE
$27.2B
| $20.5M | 0.02% |
509,319
-41,699
| -8% | -$1.72M |
|
575
ARKO Corp
ARKO
$500M
| $20.4M | 0.02% |
1,950,000
| – | – |
|
Similar funds
Bank of Montreal's Q2 2020 Portfolio in Review
As of Q2 2020, Bank of Montreal held 4,997 positions worth $110B, up 26% from $87.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2020 filing shows 848 new, 2,326 increased, 1,132 reduced and 339 closed positions. Its largest new stake was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M. The largest sale was Amazon, an estimated $363M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Technology and Healthcare.
- Bank of Montreal's largest Q2 2020 buy was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M.
- Bank of Montreal added most to Mastercard in Q2 2020, an estimated $512M increase.
- Bank of Montreal's biggest Q2 2020 reduction was Amazon, cutting an estimated $363M.
- Bank of Montreal fully exited Allergan plc in Q2 2020, selling an estimated $94M.
- Bank of Montreal's ten largest holdings make up 22% of its $110B portfolio in Q2 2020.
- Bank of Montreal opened 848 new positions and closed 339 in Q2 2020.
- Bank of Montreal's portfolio value rose 26% quarter-over-quarter to $110B.
Based on Bank of Montreal's 13F filing for Q2 2020, filed 12 Aug 2020.