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 |
Pfizer
PFE
|
+$219M |
| 2 |
Canadian National Railway
CNI
|
+$202M |
| 3 |
Mondelez International
MDLZ
|
+$154M |
| 4 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$152M |
| 5 |
Boeing
BA
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
+$532M |
| 2 |
Apple
AAPL
|
+$513M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$260M |
| 4 |
Medtronic
MDT
|
+$240M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$238M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.9% |
| 2 | Energy | 9.63% |
| 3 | Healthcare | 9.28% |
| 4 | Technology | 7.81% |
| 5 | Industrials | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Mondelez International
MDLZ
$78.9B
| $275M | 0.38% |
6,569,362
+3,583,828
| +120% | +$154M |
|
52
iShares MSCI EAFE ETF
EFA
$79.9B
| $274M | 0.38% |
4,776,940
+842,411
| +21% | +$52M |
|
53
Archer Daniels Midland
ADM
$38.8B
| $266M | 0.37% |
6,424,453
-255,044
| -4% | -$11.6M |
|
54
Kroger
KR
$34.5B
| $266M | 0.37% |
7,376,130
-246,394
| -3% | -$9.13M |
|
55
LyondellBasell Industries
LYB
$20.7B
| $263M | 0.36% |
3,156,533
+31,686
| +1% | +$2.82M |
|
56
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $260M | 0.36% |
9,967,354
+69,207
| +0.7% | +$1.94M |
|
57
American International
AIG
$40.4B
| $248M | 0.34% |
4,369,281
+1,671,744
| +62% | +$102M |
|
58
Lear
LEA
$8.12B
| $247M | 0.34% |
2,271,525
+252,347
| +12% | +$26.3M |
|
59
Visa
V
$677B
| $246M | 0.34% |
3,527,941
+367,644
| +12% | +$26.2M |
|
60
GE Aerospace
GE
$382B
| $241M | 0.33% |
1,997,749
-527,705
| -21% | -$64.7M |
|
61
Walmart Inc
WMT
$901B
| $241M | 0.33% |
11,159,613
-277,152
| -2% | -$6.36M |
|
62
American Electric Power
AEP
$67.3B
| $237M | 0.33% |
4,165,313
+562,398
| +16% | +$31.2M |
|
63
Starbucks
SBUX
$122B
| $236M | 0.33% |
4,158,303
+600,119
| +17% | +$33.6M |
|
64
Southwest Airlines
LUV
$22.3B
| $233M | 0.32% |
6,134,482
-414,939
| -6% | -$15.3M |
|
65
HCA Healthcare
HCA
$89.1B
| $223M | 0.31% |
2,888,072
+186,075
| +7% | +$16.5M |
|
|
DFS
66
DELISTED
Discover Financial Services
DFS
| $222M | 0.31% |
4,268,018
-843,135
| -16% | -$46.2M |
|
67
Capital One
COF
$134B
| $222M | 0.31% |
3,057,675
-67,539
| -2% | -$5.42M |
|
68
Marathon Petroleum
MPC
$94.5B
| $221M | 0.31% |
4,777,240
-432,090
| -8% | -$22.2M |
|
|
FITB
69
Fifth Third Bancorp
FITB
$52.2B
| $220M | 0.3% |
11,649,842
-4,675,575
| -29% | -$95M |
|
70
Amazon
AMZN
$2.94T
| $216M | 0.3% |
8,440,060
+2,050,340
| +32% | +$51.8M |
|
71
Brookfield Infrastructure Partners
BIP
$18.1B
| $215M | 0.3% |
14,754,371
+1,303,511
| +10% | +$21.1M |
|
72
Vanguard High Dividend Yield ETF
VYM
$83.8B
| $210M | 0.29% |
3,352,585
-17,142
| -0.5% | -$1.13M |
|
73
iShares Core S&P 500 ETF
IVV
$902B
| $210M | 0.29% |
1,088,750
-48,983
| -4% | -$10M |
|
74
Amdocs
DOX
$6.1B
| $208M | 0.29% |
3,661,737
+268,729
| +8% | +$15.4M |
|
75
Chevron
CVX
$386B
| $207M | 0.29% |
2,627,181
-331,321
| -11% | -$27.9M |
|
Similar funds
Bank of Montreal's Q3 2015 Portfolio in Review
As of Q3 2015, Bank of Montreal held 4,426 positions worth $72.4B, down 15% from $85.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal withdrew a net $4.83B in Q3 2015, closing 296 positions and reducing 1,697 holdings. Its most notable exit was KRAFT FOODS GROUP INC COM STK (VA), an estimated $260M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 27% a quarter earlier, followed by Energy and Healthcare.
Against the trend, Bank of Montreal opened a new position in PayPal worth $66.3M.
- Bank of Montreal's largest Q3 2015 buy was PayPal: 2,136,404 shares worth $66.3M.
- Bank of Montreal added most to Pfizer in Q3 2015, an estimated $219M increase.
- Bank of Montreal's biggest Q3 2015 reduction was Express Scripts Holding Company, cutting an estimated $532M.
- Bank of Montreal fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $260M.
- Bank of Montreal's ten largest holdings make up 23% of its $72.4B portfolio in Q3 2015.
- Bank of Montreal opened 378 new positions and closed 296 in Q3 2015.
- Bank of Montreal's portfolio value fell 15% quarter-over-quarter to $72.4B.
Based on Bank of Montreal's 13F filing for Q3 2015, filed 12 Nov 2015.