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 |
Apple
AAPL
|
+$500M |
| 2 |
VRN
Veren
VRN
|
+$466M |
| 3 |
Bausch Health
BHC
|
+$412M |
| 4 |
CGI
GIB
|
+$239M |
| 5 |
Manulife Financial
MFC
|
+$232M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cisco
CSCO
|
+$227M |
| 2 |
BPO
BROOKFIELD OFFICE PROPERTIES. INC
BPO
|
+$195M |
| 3 |
Microsoft
MSFT
|
+$163M |
| 4 |
AGCO
AGCO
|
+$125M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$116M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 28.54% |
| 2 | Energy | 14.23% |
| 3 | Industrials | 7.11% |
| 4 | Healthcare | 6.69% |
| 5 | Technology | 6.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Oracle
ORCL
$419B
| $287M | 0.37% |
7,019,783
+111,178
| +2% | +$4.23M |
|
|
AGU
52
DELISTED
Agrium
AGU
| $284M | 0.37% |
2,915,946
-130,810
| -4% | -$12M |
|
53
McKesson
MCK
$105B
| $283M | 0.37% |
1,604,153
+6,379
| +0.4% | +$1.11M |
|
54
Bread Financial
BFH
$4.37B
| $278M | 0.36% |
1,276,677
-134,388
| -10% | -$28.9M |
|
55
Alphabet (Google) Class C
GOOG
$4.19T
| $268M | 0.35% |
9,660,796
-1,566,329
| -14% | -$45.6M |
|
|
56
Cisco
CSCO
$475B
| $261M | 0.34% |
11,626,686
-10,272,609
| -47% | -$227M |
|
57
Teck Resources
TECK
$32.4B
| $260M | 0.34% |
12,010,587
-165,809
| -1% | -$3.85M |
|
58
Northrop Grumman
NOC
$81.8B
| $259M | 0.33% |
2,103,103
+59,693
| +3% | +$7.07M |
|
59
Kroger
KR
$34.5B
| $257M | 0.33% |
11,757,586
-819,496
| -7% | -$16.3M |
|
60
iShares Core S&P 500 ETF
IVV
$901B
| $255M | 0.33% |
1,356,221
-9,306
| -0.7% | -$1.72M |
|
61
Travelers Companies
TRV
$78.4B
| $253M | 0.33% |
2,967,246
+24,857
| +0.8% | +$2.09M |
|
62
Procter & Gamble
PG
$338B
| $249M | 0.32% |
3,087,361
-183,281
| -6% | -$14.4M |
|
63
Gildan
GIL
$10.8B
| $249M | 0.32% |
9,868,734
+529,590
| +6% | +$13.6M |
|
|
DTV
64
DELISTED
DIRECTV COM STK (DE)
DTV
| $247M | 0.32% |
3,237,978
+138,260
| +4% | +$10.1M |
|
|
CTRX
65
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $246M | 0.32% |
5,487,552
+1,098,576
| +25% | +$52.8M |
|
66
Tyson Foods
TSN
$19.9B
| $245M | 0.32% |
5,561,990
+313,399
| +6% | +$11.9M |
|
67
Southwest Airlines
LUV
$22.3B
| $243M | 0.31% |
10,289,885
-917,860
| -8% | -$20.1M |
|
|
FITB
68
Fifth Third Bancorp
FITB
$52.2B
| $243M | 0.31% |
10,582,241
+1,637,763
| +18% | +$35.7M |
|
69
iShares MSCI EAFE ETF
EFA
$79.9B
| $243M | 0.31% |
3,609,825
-327,744
| -8% | -$21.7M |
|
|
SJR
70
DELISTED
Shaw Communications Inc.
SJR
| $236M | 0.3% |
9,857,446
+750,044
| +8% | +$17.3M |
|
71
iShares Select Dividend ETF
DVY
$23.7B
| $233M | 0.3% |
3,184,196
-141,351
| -4% | -$10M |
|
72
AES
AES
$10.5B
| $231M | 0.3% |
16,209,122
+20,669
| +0.1% | +$292K |
|
|
TLM
73
DELISTED
TALISMAN ENERGY INC
TLM
| $227M | 0.29% |
22,696,090
+2,477,290
| +12% | +$26.3M |
|
74
iShares MSCI Taiwan ETF
EWT
$11.2B
| $220M | 0.28% |
7,645,801
+188,396
| +3% | +$5.25M |
|
75
Union Pacific
UNP
$174B
| $217M | 0.28% |
2,307,802
-53,590
| -2% | -$4.76M |
|
Similar funds
Bank of Montreal's Q1 2014 Portfolio in Review
As of Q1 2014, Bank of Montreal held 4,323 positions worth $77.5B, up 6.1% from $73.1B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal deployed $5.59B of net new capital in Q1 2014, opening 567 new positions and adding to 1,610 existing holdings. Its largest new stake was Veren: 14,440,693 shares worth $482M.
By sector, the portfolio is most concentrated in Financials at 29% of assets, down from 30% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was Cisco, an estimated $227M trimmed.
- Bank of Montreal's largest Q1 2014 buy was Veren: 14,440,693 shares worth $482M.
- Bank of Montreal added most to Apple in Q1 2014, an estimated $500M increase.
- Bank of Montreal's biggest Q1 2014 reduction was Cisco, cutting an estimated $227M.
- Bank of Montreal fully exited BRIGUS GOLD CORP COM STK in Q1 2014, selling an estimated $6.62M.
- Bank of Montreal's ten largest holdings make up 26% of its $77.5B portfolio in Q1 2014.
- Bank of Montreal opened 567 new positions and closed 293 in Q1 2014.
- Bank of Montreal's portfolio value rose 6.1% quarter-over-quarter to $77.5B.
Based on Bank of Montreal's 13F filing for Q1 2014, filed 15 May 2014.