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 | |
|---|---|---|---|---|---|---|
701
CALL
Bristol-Myers Squibb
BMY
$130B
| $19.3M | 0.01% |
300,000
+150,000
| +100% | +$8.59M |
|
702
FS KKR Capital
FSK
$3.36B
| $19.2M | 0.01% |
784,500
| – | – |
|
703
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $19.2M | 0.01% |
+150,000
| New | +$19.1M |
|
|
704
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $19.2M | 0.01% |
+150,000
| New | +$19.1M |
|
705
Sonos
SONO
$1.86B
| $19M | 0.01% |
1,219,478
+1,200,309
| +6,262% | +$16.7M |
|
706
Brown & Brown
BRO
$23.8B
| $19M | 0.01% |
481,908
+226,166
| +88% | +$8.49M |
|
707
CALL
Newmont
NEM
$124B
| $18.9M | 0.01% |
435,900
-166,300
| -28% | -$6.5M |
|
708
iShares MSCI USA Quality Factor ETF
QUAL
$48B
| $18.9M | 0.01% |
186,825
+64,733
| +53% | +$6.23M |
|
|
QTS
709
DELISTED
QTS REALTY TRUST, INC.
QTS
| $18.9M | 0.01% |
347,522
+333,313
| +2,346% | +$17.5M |
|
710
Skyworks Solutions
SWKS
$10.5B
| $18.7M | 0.01% |
155,050
-6,617
| -4% | -$650K |
|
|
AMTD
711
DELISTED
TD Ameritrade Holding Corp
AMTD
| $18.7M | 0.01% |
376,992
+49,957
| +15% | +$2.16M |
|
712
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $18.6M | 0.01% |
229,596
-399,957
| -64% | -$32.4M |
|
713
Polaris
PII
$3.9B
| $18.6M | 0.01% |
182,548
+170,305
| +1,391% | +$16.5M |
|
714
CALL
Lam Research
LRCX
$408B
| $18.4M | 0.01% |
631,000
+630,910
| +701,011% | +$16.8M |
|
|
715
PUT
Lam Research
LRCX
$408B
| $18.4M | 0.01% |
+631,000
| New | +$16.8M |
|
716
PUT
Nutrien
NTR
$32.1B
| $18.4M | 0.01% |
383,500
| – | – |
|
|
ANSS
717
DELISTED
Ansys
ANSS
| $18.3M | 0.01% |
71,284
+14,344
| +25% | +$3.39M |
|
718
Waters Corp
WAT
$40.9B
| $18.3M | 0.01% |
78,200
+3,620
| +5% | +$800K |
|
719
CALL
Comcast
CMCSA
$90.4B
| $18.2M | 0.01% |
+405,800
| New | +$18.1M |
|
|
PDCE
720
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $18.2M | 0.01% |
695,900
+615,900
| +770% | +$14.8M |
|
721
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $18.2M | 0.01% |
289,007
+84,456
| +41% | +$5.2M |
|
722
Hasbro
HAS
$13.4B
| $17.9M | 0.01% |
169,558
-91,411
| -35% | -$9.51M |
|
723
iShares MSCI Taiwan ETF
EWT
$11.4B
| $17.9M | 0.01% |
434,773
-8,482
| -2% | -$334K |
|
|
PDCE
724
PUT
DELISTED
PDC Energy, Inc.
PDCE
| $17.8M | 0.01% |
+680,000
| New | +$16.3M |
|
725
BP
BP
$111B
| $17.7M | 0.01% |
469,595
+64,463
| +16% | +$2.45M |
|
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.