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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$475M |
| 2 |
Blackstone
BX
|
+$315M |
| 3 |
AABA
Altaba Inc
AABA
|
+$298M |
| 4 |
SPDR Gold Trust
GLD
|
+$237M |
| 5 |
Eli Lilly
LLY
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$384M |
| 2 |
Merck
MRK
|
+$284M |
| 3 |
Enterprise Products Partners
EPD
|
+$266M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
+$261M |
| 5 |
Royal Bank of Canada
RY
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.57% |
| 2 | Technology | 9.64% |
| 3 | Energy | 9.62% |
| 4 | Industrials | 8.33% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KL
576
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $22.9M | 0.02% |
1,491,202
-111,404
| -7% | -$1.53M |
|
577
Tractor Supply
TSCO
$18.4B
| $22.8M | 0.02% |
1,528,170
+105,520
| +7% | +$1.35M |
|
578
Globe Life
GL
$14.1B
| $22.8M | 0.02% |
251,670
+147,412
| +141% | +$12.6M |
|
579
Cheniere Energy
CQP
$32.2B
| $22.8M | 0.02% |
769,937
+125,694
| +20% | +$3.54M |
|
580
Norwegian Cruise Line
NCLH
$8.59B
| $22.7M | 0.02% |
426,566
+396,167
| +1,303% | +$21.9M |
|
581
Graphic Packaging
GPK
$3.54B
| $22.6M | 0.02% |
1,465,838
+291,347
| +25% | +$4.39M |
|
582
Qiagen
QGEN
$8.81B
| $22.6M | 0.02% |
687,792
+82,791
| +14% | +$2.85M |
|
583
Pinnacle West Capital
PNW
$12.1B
| $22.5M | 0.02% |
264,647
-66,601
| -20% | -$5.88M |
|
584
O-I Glass
OI
$1.1B
| $22.5M | 0.02% |
1,015,977
+1,006,024
| +10,108% | +$24M |
|
585
Microchip Technology
MCHP
$44B
| $22.5M | 0.02% |
511,980
-14,566
| -3% | -$659K |
|
586
Equity Residential
EQR
$24.4B
| $22.4M | 0.02% |
351,581
-143,551
| -29% | -$9.58M |
|
587
AES
AES
$10.5B
| $22.4M | 0.02% |
2,064,855
-30,473
| -1% | -$330K |
|
588
CDW
CDW
$16.9B
| $22.3M | 0.02% |
320,225
-52,622
| -14% | -$3.62M |
|
|
PCI
589
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $22.1M | 0.02% |
985,570
+28,620
| +3% | +$647K |
|
590
Avnet
AVT
$7.87B
| $22.1M | 0.02% |
557,570
-288,663
| -34% | -$11.6M |
|
591
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.95B
| $22.1M | 0.02% |
450,068
+1,267
| +0.3% | +$59.6K |
|
592
United States Oil Fund
USO
$1.8B
| $22.1M | 0.02% |
229,683
+219,488
| +2,153% | +$19.5M |
|
|
SCG
593
DELISTED
Scana
SCG
| $22M | 0.02% |
553,675
+113,366
| +26% | +$5.07M |
|
594
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $21.9M | 0.02% |
188,997
+56,006
| +42% | +$6.48M |
|
595
Analog Devices
ADI
$188B
| $21.8M | 0.02% |
244,567
+44,816
| +22% | +$3.97M |
|
596
CMS Energy
CMS
$21.8B
| $21.7M | 0.02% |
458,834
-91,211
| -17% | -$4.42M |
|
|
IPG
597
DELISTED
Interpublic Group of Companies
IPG
| $21.5M | 0.02% |
1,067,697
+816,982
| +326% | +$16.3M |
|
|
MRO
598
DELISTED
Marathon Oil Corporation
MRO
| $21.3M | 0.02% |
1,261,020
-692,987
| -35% | -$10.3M |
|
599
Macy's
M
$6.45B
| $21.3M | 0.02% |
845,903
-109,271
| -11% | -$2.4M |
|
600
Marvell Technology
MRVL
$191B
| $21.3M | 0.02% |
992,462
+614,690
| +163% | +$12.5M |
|
Similar funds
Bank of Montreal's Q4 2017 Portfolio in Review
As of Q4 2017, Bank of Montreal held 4,524 positions worth $115B, up 5.4% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal's Q4 2017 filing shows 340 new, 1,586 increased, 1,488 reduced and 306 closed positions. Its largest new stake was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $384M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 27% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q4 2017 buy was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $475M increase.
- Bank of Montreal's biggest Q4 2017 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $384M.
- Bank of Montreal fully exited CR Bard Inc. in Q4 2017, selling an estimated $120M.
- Bank of Montreal's ten largest holdings make up 20% of its $115B portfolio in Q4 2017.
- Bank of Montreal opened 340 new positions and closed 306 in Q4 2017.
- Bank of Montreal's portfolio value rose 5.4% quarter-over-quarter to $115B.
Based on Bank of Montreal's 13F filing for Q4 2017, filed 16 Jan 2018.