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 | |
|---|---|---|---|---|---|---|
601
iShares TIPS Bond ETF
TIP
$14.7B
| $18.8M | 0.02% |
151,659
+39,676
| +35% | +$4.82M |
|
602
Spotify
SPOT
$101B
| $18.7M | 0.02% |
68,135
+65,226
| +2,242% | +$11.2M |
|
603
Neurocrine Biosciences
NBIX
$15.9B
| $18.7M | 0.02% |
142,108
+107,945
| +316% | +$11.9M |
|
604
Blackstone
BX
$110B
| $18.7M | 0.02% |
349,644
+155,025
| +80% | +$8.16M |
|
|
PSXP
605
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $18.5M | 0.02% |
617,400
+237,191
| +62% | +$9.86M |
|
606
CALL
McDonald's
MCD
$195B
| $18.4M | 0.02% |
+100,000
| New | +$18.3M |
|
607
World Kinect Corp
WKC
$1.89B
| $18.4M | 0.02% |
844,744
+68,128
| +9% | +$1.68M |
|
608
PUT
United Rentals
URI
$70.3B
| $18.4M | 0.02% |
128,000
+120,000
| +1,500% | +$15.2M |
|
609
Varonis Systems
VRNS
$4.82B
| $18.3M | 0.02% |
532,917
+414,078
| +348% | +$10.4M |
|
610
Conagra Brands
CAG
$7.18B
| $18.3M | 0.02% |
512,615
+64,960
| +15% | +$2.17M |
|
611
CALL
Apple
AAPL
$4.41T
| $18.2M | 0.02% |
+190,000
| New | +$14.7M |
|
612
PUT
Canadian Pacific Kansas City
CP
$81.5B
| $18.2M | 0.02% |
355,000
+150,000
| +73% | +$7.11M |
|
613
CALL
PG&E
PCG
$38.3B
| $18M | 0.02% |
+2,098,100
| New | +$22.9M |
|
614
PRA Group
PRAA
$737M
| $17.8M | 0.02% |
496,266
-815
| -0.2% | -$25.8K |
|
615
Hilton Worldwide
HLT
$72.6B
| $17.8M | 0.02% |
239,779
-49,605
| -17% | -$3.68M |
|
616
Aramark
ARMK
$15.9B
| $17.7M | 0.02% |
1,182,895
+645,232
| +120% | +$11.3M |
|
617
MGM Resorts International
MGM
$11.1B
| $17.6M | 0.02% |
1,101,260
-2,136,717
| -66% | -$34.5M |
|
618
CALL
Sun Life Financial
SLF
$44.4B
| $17.6M | 0.02% |
489,100
-206,200
| -30% | -$7.09M |
|
619
Paychex
PAYX
$42.8B
| $17.6M | 0.02% |
240,926
-40,406
| -14% | -$2.8M |
|
620
Steel Dynamics
STLD
$37.7B
| $17.5M | 0.02% |
714,145
-158,231
| -18% | -$3.96M |
|
621
Vanguard Total International Bond ETF
BNDX
$82.9B
| $17.5M | 0.02% |
301,889
+22,685
| +8% | +$1.3M |
|
622
Yum! Brands
YUM
$41B
| $17.5M | 0.02% |
202,036
-1,394
| -0.7% | -$119K |
|
|
ANSS
623
DELISTED
Ansys
ANSS
| $17.4M | 0.02% |
57,138
+6,957
| +14% | +$1.85M |
|
624
Winnebago Industries
WGO
$915M
| $17.4M | 0.02% |
298,787
-59,574
| -17% | -$3.04M |
|
|
JOYY
625
PUT
JOYY Inc
JOYY
$3.74B
| $17.3M | 0.02% |
+203,800
| New | +$13.6M |
|
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.