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 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.52% |
| 2 | Technology | 10.11% |
| 3 | Energy | 9.47% |
| 4 | Industrials | 8.48% |
| 5 | Communication Services | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Hilton Worldwide
HLT
$72.2B
| $20.1M | 0.02% |
216,304
-74,206
| -26% | -$7.04M |
|
627
DaVita
DVA
$11.4B
| $20M | 0.02% |
350,102
+10,260
| +3% | +$596K |
|
628
CALL
NetEase
NTES
$78.5B
| $20M | 0.02% |
+375,000
| New | +$19.1M |
|
629
CALL
Ovintiv
OVV
$17.2B
| $20M | 0.02% |
867,680
-94,460
| -10% | -$2.16M |
|
630
Graphic Packaging
GPK
$3.51B
| $19.9M | 0.02% |
1,348,040
-56,812
| -4% | -$798K |
|
|
PARA
631
DELISTED
Paramount Global Class B
PARA
| $19.8M | 0.02% |
490,767
+127,497
| +35% | +$5.97M |
|
|
VMW
632
DELISTED
VMware, Inc
VMW
| $19.7M | 0.02% |
131,072
+6,855
| +6% | +$1.08M |
|
633
Kirby Corp
KEX
$7.26B
| $19.7M | 0.02% |
239,333
-8,511
| -3% | -$652K |
|
634
Church & Dwight Co
CHD
$24B
| $19.6M | 0.02% |
261,127
-120,768
| -32% | -$9.15M |
|
|
SHLX
635
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $19.6M | 0.02% |
958,303
-162,641
| -15% | -$3.36M |
|
|
AABA
636
DELISTED
Altaba Inc
AABA
| $19.5M | 0.02% |
1,003,088
-11,912,722
| -92% | -$788M |
|
637
Viavi Solutions
VIAV
$10.6B
| $19.4M | 0.02% |
1,386,253
+39,083
| +3% | +$556K |
|
638
Vanguard Total Bond Market
BND
$162B
| $19.4M | 0.02% |
229,871
+76,151
| +50% | +$6.38M |
|
639
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $19.4M | 0.02% |
395,644
-1,272,166
| -76% | -$63.1M |
|
640
Quest Diagnostics
DGX
$26.1B
| $19.3M | 0.02% |
179,984
+211
| +0.1% | +$21.7K |
|
641
PUT
Canadian Natural Resources
CNQ
$98.1B
| $19.2M | 0.02% |
1,469,015
+714,700
| +95% | +$8.86M |
|
642
PUT
Nutrien
NTR
$32.2B
| $19.1M | 0.02% |
383,500
+8,500
| +2% | +$434K |
|
643
CALL
NXP Semiconductors
NXPI
$58.5B
| $19.1M | 0.02% |
175,000
+125,000
| +250% | +$12.8M |
|
644
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $19.1M | 0.02% |
354,946
+17,050
| +5% | +$912K |
|
645
United States Oil Fund
USO
$1.77B
| $19M | 0.02% |
209,773
-478,162
| -70% | -$44.9M |
|
646
Amphenol
APH
$204B
| $18.8M | 0.02% |
779,352
+191,044
| +32% | +$4.4M |
|
647
Q2 Holdings
QTWO
$4.13B
| $18.8M | 0.02% |
238,192
+125,801
| +112% | +$10.4M |
|
648
AllianceBernstein
AB
$3.41B
| $18.8M | 0.02% |
639,379
+236,900
| +59% | +$6.88M |
|
649
PUT
Salesforce
CRM
$165B
| $18.7M | 0.02% |
+126,200
| New | +$19.2M |
|
650
PRA Group
PRAA
$762M
| $18.6M | 0.02% |
551,817
-24,753
| -4% | -$788K |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.