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 |
Enbridge
ENB
|
+$695M |
| 2 |
Toronto Dominion Bank
TD
|
+$443M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$285M |
| 4 |
Manulife Financial
MFC
|
+$268M |
| 5 |
Microsoft
MSFT
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$463M |
| 2 |
TotalEnergies
TTE
|
+$177M |
| 3 |
Verizon
VZ
|
+$166M |
| 4 |
Intel
INTC
|
+$135M |
| 5 |
Wells Fargo
WFC
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.24% |
| 2 | Energy | 11.23% |
| 3 | Industrials | 8.02% |
| 4 | Communication Services | 7.91% |
| 5 | Technology | 7.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
iShares Semiconductor ETF
SOXX
$46.6B
| $13.5M | 0.01% |
295,839
-31,671
| -10% | -$1.38M |
|
|
702
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
| – | – |
0
| – | – |
|
703
ServiceNow
NOW
$132B
| $13.4M | 0.01% |
766,095
+302,435
| +65% | +$5.27M |
|
704
State Street SPDR S&P Semiconductor ETF
XSD
$2.88B
| $13.4M | 0.01% |
221,980
-15,400
| -6% | -$912K |
|
705
Jefferies Financial Group
JEF
$12.9B
| $13.3M | 0.01% |
570,087
+53,306
| +10% | +$1.19M |
|
706
Hain Celestial
HAIN
$53.9M
| $13.2M | 0.01% |
355,971
+225,221
| +172% | +$8.47M |
|
|
CRZO
707
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $13.1M | 0.01% |
458,591
+70,211
| +18% | +$2.3M |
|
708
DigitalBridge
DBRG
$2.94B
| $13.1M | 0.01% |
253,542
+77,931
| +44% | +$4.38M |
|
709
Graphic Packaging
GPK
$3.51B
| $13.1M | 0.01% |
1,014,139
+907,266
| +849% | +$11.8M |
|
710
PUT
Kinder Morgan
KMI
$71.4B
| $13M | 0.01% |
600,000
+184,000
| +44% | +$4.02M |
|
711
United Therapeutics
UTHR
$21.5B
| $13M | 0.01% |
96,302
-12,630
| -12% | -$1.91M |
|
712
J.M. Smucker
SJM
$12.9B
| $13M | 0.01% |
99,437
+14,125
| +17% | +$1.92M |
|
713
Fortive
FTV
$18.7B
| $13M | 0.01% |
342,749
-26,214
| -7% | -$940K |
|
714
Granite Construction
GVA
$5.41B
| $13M | 0.01% |
259,009
-1,061
| -0.4% | -$56.5K |
|
715
CRH
CRH
$65B
| $12.9M | 0.01% |
367,094
-110,929
| -23% | -$3.86M |
|
716
Encompass Health
EHC
$12.2B
| $12.9M | 0.01% |
377,715
+2,597
| +0.7% | +$85.3K |
|
|
CTT
717
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $12.8M | 0.01% |
1,110,820
-7,974
| -0.7% | -$86.4K |
|
|
FLIR
718
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $12.8M | 0.01% |
352,523
+313,757
| +809% | +$11.3M |
|
|
DCP
719
DELISTED
DCP Midstream, LP
DCP
| $12.8M | 0.01% |
325,376
-41,824
| -11% | -$1.62M |
|
720
Boston Scientific
BSX
$74.9B
| $12.7M | 0.01% |
511,136
+11,611
| +2% | +$282K |
|
721
Digital Realty Trust
DLR
$73.1B
| $12.7M | 0.01% |
119,454
+7,587
| +7% | +$798K |
|
|
VTLE
722
DELISTED
Vital Energy
VTLE
| $12.7M | 0.01% |
43,417
+3,189
| +8% | +$886K |
|
723
OR Royalties Inc
OR
$6.15B
| $12.7M | 0.01% |
1,141,939
+46,682
| +4% | +$515K |
|
724
BioMarin Pharmaceuticals
BMRN
$13.3B
| $12.6M | 0.01% |
143,913
+56,388
| +64% | +$5.02M |
|
725
ResMed
RMD
$32.9B
| $12.6M | 0.01% |
175,344
+30,703
| +21% | +$2.12M |
|
Similar funds
Bank of Montreal's Q1 2017 Portfolio in Review
As of Q1 2017, Bank of Montreal held 4,409 positions worth $106B, up 11% from $95.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal deployed $3.71B of net new capital in Q1 2017, opening 309 new positions and adding to 1,512 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 26% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $463M trimmed.
- Bank of Montreal's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
- Bank of Montreal added most to Enbridge in Q1 2017, an estimated $695M increase.
- Bank of Montreal's biggest Q1 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $463M.
- Bank of Montreal fully exited NextEra Energy in Q1 2017, selling an estimated $55.5M.
- Bank of Montreal's ten largest holdings make up 24% of its $106B portfolio in Q1 2017.
- Bank of Montreal opened 309 new positions and closed 396 in Q1 2017.
- Bank of Montreal's portfolio value rose 11% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q1 2017, filed 11 Apr 2017.