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
|
+$1.51B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$411M |
| 3 |
Microsoft
MSFT
|
+$300M |
| 4 |
Apple
AAPL
|
+$284M |
| 5 |
Visa
V
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$254M |
| 2 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$178M |
| 3 |
Vanguard Dividend Appreciation ETF
VIG
|
+$177M |
| 4 |
Blackstone
BX
|
+$139M |
| 5 |
Exelon
EXC
|
+$126M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.32% |
| 2 | Technology | 11.27% |
| 3 | Energy | 8.71% |
| 4 | Industrials | 8.12% |
| 5 | Communication Services | 8.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Freeport-McMoran
FCX
$96.9B
| $22.7M | 0.02% |
1,728,564
+264,612
| +18% | +$2.91M |
|
652
Invesco Preferred ETF
PGX
$3.76B
| $22.5M | 0.02% |
1,501,706
+1,183,766
| +372% | +$17.7M |
|
653
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $22.5M | 0.02% |
748,414
+15,646
| +2% | +$464K |
|
654
Hormel Foods
HRL
$13.4B
| $22.3M | 0.02% |
494,824
+80,381
| +19% | +$3.46M |
|
655
Hewlett Packard
HPE
$77.8B
| $22.1M | 0.02% |
1,394,539
+178,183
| +15% | +$2.85M |
|
656
Expeditors International
EXPD
$24B
| $22.1M | 0.02% |
283,361
+70,009
| +33% | +$5.25M |
|
657
Q2 Holdings
QTWO
$3.9B
| $22.1M | 0.02% |
272,311
+34,119
| +14% | +$2.62M |
|
658
Graphic Packaging
GPK
$3.46B
| $22M | 0.02% |
1,319,899
-28,141
| -2% | -$446K |
|
659
PUT
VanEck Gold Miners ETF
GDX
$27.8B
| $22M | 0.02% |
750,000
-263,800
| -26% | -$7.21M |
|
660
International Flavors & Fragrances
IFF
$21.4B
| $21.9M | 0.02% |
169,945
+31,758
| +23% | +$4.06M |
|
661
Fastenal
FAST
$59.9B
| $21.9M | 0.02% |
1,184,790
-275,138
| -19% | -$4.92M |
|
662
Vanguard Real Estate ETF
VNQ
$38.6B
| $21.9M | 0.02% |
235,898
-36,298
| -13% | -$3.36M |
|
663
Keysight
KEYS
$60.6B
| $21.8M | 0.02% |
212,486
+34,257
| +19% | +$3.51M |
|
|
SPR
664
DELISTED
Spirit AeroSystems
SPR
| $21.8M | 0.02% |
299,031
+97,342
| +48% | +$8.03M |
|
|
PPLI
665
People Inc
PPLI
$3.02B
| $21.7M | 0.02% |
488,300
+255,800
| +110% | +$10.3M |
|
666
Stantec
STN
$8.47B
| $21.7M | 0.02% |
767,263
+150,759
| +24% | +$3.73M |
|
667
Workday
WDAY
$43.3B
| $21.7M | 0.02% |
131,928
+27,364
| +26% | +$4.54M |
|
668
Avery Dennison
AVY
$13.7B
| $21.6M | 0.02% |
165,149
+51,403
| +45% | +$6.49M |
|
669
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $21.5M | 0.02% |
401,416
+46,470
| +13% | +$2.49M |
|
670
BlackBerry
BB
$5.14B
| $21.5M | 0.02% |
3,349,888
+143,617
| +4% | +$788K |
|
671
Cincinnati Financial
CINF
$26.5B
| $21.5M | 0.02% |
204,380
+423
| +0.2% | +$46.2K |
|
672
Kirby Corp
KEX
$7.18B
| $21.5M | 0.02% |
239,926
+593
| +0.2% | +$49.1K |
|
673
TripAdvisor
TRIP
$1.26B
| $21.4M | 0.02% |
705,558
+33,922
| +5% | +$1.14M |
|
674
Leggett & Platt
LEG
$1.29B
| $21.4M | 0.02% |
421,009
+75,653
| +22% | +$3.71M |
|
|
STL
675
DELISTED
Sterling Bancorp
STL
| $21.3M | 0.02% |
1,009,124
-4,669
| -0.5% | -$95.2K |
|
Similar funds
Bank of Montreal's Q4 2019 Portfolio in Review
As of Q4 2019, Bank of Montreal held 5,174 positions worth $133B, up 15% from $116B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal deployed $10.1B of net new capital in Q4 2019, opening 425 new positions and adding to 2,835 existing holdings. Its largest new stake was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 28% a quarter earlier, followed by Technology and Energy.
On the sell side, the largest reduction was Apollo Global Management, an estimated $254M trimmed.
- Bank of Montreal's largest Q4 2019 buy was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $1.51B increase.
- Bank of Montreal's biggest Q4 2019 reduction was Apollo Global Management, cutting an estimated $254M.
- Bank of Montreal fully exited Buckeye Partners, L.P. in Q4 2019, selling an estimated $125M.
- Bank of Montreal's ten largest holdings make up 20% of its $133B portfolio in Q4 2019.
- Bank of Montreal opened 425 new positions and closed 298 in Q4 2019.
- Bank of Montreal's portfolio value rose 15% quarter-over-quarter to $133B.
Based on Bank of Montreal's 13F filing for Q4 2019, filed 10 Feb 2020.