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 | |
|---|---|---|---|---|---|---|
676
Keysight
KEYS
$60.7B
| $14.6M | 0.01% |
146,722
+11,062
| +8% | +$1.09M |
|
677
Marvell Technology
MRVL
$205B
| $14.6M | 0.01% |
383,802
+57,428
| +18% | +$1.68M |
|
678
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.33B
| $14.4M | 0.01% |
141,795
+20,817
| +17% | +$2.07M |
|
679
CALL
Canadian Imperial Bank of Commerce
CM
$111B
| $14.4M | 0.01% |
435,000
-935,400
| -68% | -$29.2M |
|
680
Cardinal Health
CAH
$54.1B
| $14.4M | 0.01% |
294,707
+63,589
| +28% | +$3.28M |
|
681
Twilio
TWLO
$38.8B
| $14.4M | 0.01% |
58,604
+37,968
| +184% | +$6.1M |
|
682
Carnival Corporation Ltd
CCL
$38.9B
| $14.3M | 0.01% |
983,685
+497,224
| +102% | +$7.45M |
|
683
Vanguard Morningstar Small-Cap ETF
VB
$83.4B
| $14.3M | 0.01% |
99,433
+81,456
| +453% | +$10.9M |
|
|
MXIM
684
DELISTED
Maxim Integrated Products
MXIM
| $14.3M | 0.01% |
221,209
-290,974
| -57% | -$16.2M |
|
685
Waters Corp
WAT
$41.2B
| $14.2M | 0.01% |
75,507
+6,055
| +9% | +$1.14M |
|
686
CALL
Canadian National Railway
CNI
$77.2B
| $14.2M | 0.01% |
+159,600
| New | +$13.3M |
|
687
VanEck Junior Gold Miners ETF
GDXJ
$8.32B
| $14.2M | 0.01% |
266,060
-252,311
| -49% | -$10.7M |
|
688
Monster Beverage
MNST
$91.4B
| $14.1M | 0.01% |
794,312
+67,640
| +9% | +$1.1M |
|
689
Brown-Forman Class B
BF.B
$13B
| $14.1M | 0.01% |
222,550
+5,448
| +3% | +$347K |
|
690
Bright Horizons
BFAM
$3.82B
| $14.1M | 0.01% |
131,251
+49,198
| +60% | +$5.62M |
|
691
Deutsche Bank
DB
$72.1B
| $14M | 0.01% |
1,444,606
+1,014,959
| +236% | +$7.86M |
|
692
CALL
Rogers Communications
RCI
$19.6B
| $13.9M | 0.01% |
357,500
-38,900
| -10% | -$1.62M |
|
693
KBR
KBR
$4.8B
| $13.9M | 0.01% |
660,489
-124,554
| -16% | -$2.71M |
|
694
Teleflex
TFX
$5.77B
| $13.9M | 0.01% |
38,802
-33,994
| -47% | -$11.7M |
|
695
CALL
Nike
NKE
$60.6B
| $13.8M | 0.01% |
142,800
+139,800
| +4,660% | +$12.9M |
|
|
NGHC
696
DELISTED
National General Holdings Corp
NGHC
| $13.8M | 0.01% |
410,145
+42,314
| +12% | +$796K |
|
697
Vail Resorts
MTN
$5.25B
| $13.8M | 0.01% |
78,134
-19,060
| -20% | -$3.33M |
|
698
Corning
GLW
$144B
| $13.8M | 0.01% |
520,987
-238,902
| -31% | -$5.42M |
|
699
Amphenol
APH
$208B
| $13.8M | 0.01% |
582,824
+13,596
| +2% | +$303K |
|
700
Wabtec
WAB
$49.8B
| $13.7M | 0.01% |
242,126
-63,787
| -21% | -$3.61M |
|
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.