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 | |
|---|---|---|---|---|---|---|
601
PUT
iShares MSCI Mexico ETF
EWW
$1.89B
| $21.3M | 0.02% |
+432,000
| New | +$21.9M |
|
602
Blackstone Mortgage Trust
BXMT
$2.47B
| $21.2M | 0.02% |
658,760
| – | – |
|
603
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $21.2M | 0.02% |
377,720
-67,024
| -15% | -$3.75M |
|
604
D.R. Horton
DHI
$42.2B
| $21.1M | 0.02% |
413,505
-178,727
| -30% | -$8.33M |
|
605
FS KKR Capital
FSK
$3.39B
| $21.1M | 0.02% |
718,250
| – | – |
|
|
CSRA
606
DELISTED
CSRA Inc.
CSRA
| $21.1M | 0.02% |
705,309
+151,263
| +27% | +$4.57M |
|
607
FirstEnergy
FE
$27.1B
| $21.1M | 0.02% |
687,566
+235,373
| +52% | +$7.65M |
|
608
WEX
WEX
$6.44B
| $21M | 0.02% |
148,496
+38,394
| +35% | +$4.8M |
|
609
ServiceNow
NOW
$132B
| $20.9M | 0.02% |
801,720
+183,160
| +30% | +$4.55M |
|
610
iShares MSCI India ETF
INDA
$6.6B
| $20.9M | 0.02% |
579,455
-820,489
| -59% | -$28.5M |
|
|
RDS.A
611
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $20.9M | 0.02% |
312,924
-1,294,399
| -81% | -$81.6M |
|
612
Nasdaq
NDAQ
$53.1B
| $20.8M | 0.02% |
810,450
+699,219
| +629% | +$17.6M |
|
613
Synopsys
SNPS
$78.7B
| $20.6M | 0.02% |
241,758
+9,949
| +4% | +$861K |
|
614
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.67B
| $20.4M | 0.02% |
137,476
+112,400
| +448% | +$15.7M |
|
615
NRG Energy
NRG
$25.2B
| $20.4M | 0.02% |
714,549
+553,165
| +343% | +$15.1M |
|
616
Shopify
SHOP
$196B
| $20.3M | 0.02% |
2,008,540
-288,530
| -13% | -$2.96M |
|
617
Fortive
FTV
$18.6B
| $20.2M | 0.02% |
443,661
+67,307
| +18% | +$3.08M |
|
618
CALL
Honeywell
HON
$72.9B
| $20.1M | 0.02% |
+145,017
| New | +$19.5M |
|
619
Quest Diagnostics
DGX
$26.2B
| $20.1M | 0.02% |
203,603
-50,557
| -20% | -$4.79M |
|
620
RB Global
RBA
$16.6B
| $20M | 0.02% |
667,601
+183,850
| +38% | +$5.15M |
|
621
Verisk Analytics
VRSK
$23.6B
| $19.9M | 0.02% |
207,492
+6,325
| +3% | +$573K |
|
622
Helmerich & Payne
HP
$4.25B
| $19.9M | 0.02% |
307,607
-183,807
| -37% | -$10.3M |
|
623
DaVita
DVA
$11.4B
| $19.8M | 0.02% |
274,251
-311,207
| -53% | -$19.2M |
|
624
Monolithic Power Systems
MPWR
$68.9B
| $19.7M | 0.02% |
175,595
-161,090
| -48% | -$18.7M |
|
|
OSB
625
DELISTED
Norbord Inc.
OSB
| $19.7M | 0.02% |
581,963
+280,807
| +93% | +$10M |
|
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.