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
|
+$545M |
| 2 |
Toronto Dominion Bank
TD
|
+$403M |
| 3 |
Energy Transfer Partners
ET
|
+$340M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$324M |
| 5 |
AABA
Altaba Inc
AABA
|
+$291M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.32B |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$844M |
| 3 |
Netflix
NFLX
|
+$459M |
| 4 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$376M |
| 5 |
Microsoft
MSFT
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.57% |
| 2 | Technology | 10.9% |
| 3 | Energy | 9.33% |
| 4 | Communication Services | 7.72% |
| 5 | Industrials | 7.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Netflix
NFLX
$311B
| $441M | 0.38% |
12,379,280
-13,234,250
| -52% | -$459M |
|
52
Meta Platforms (Facebook)
META
$1.53T
| $441M | 0.38% |
2,645,335
-906,309
| -26% | -$144M |
|
53
iShares Core S&P 500 ETF
IVV
$902B
| $440M | 0.38% |
1,547,282
-96,897
| -6% | -$26.5M |
|
54
Boeing
BA
$184B
| $438M | 0.38% |
1,147,341
-638,864
| -36% | -$246M |
|
55
Franco-Nevada
FNV
$46.4B
| $436M | 0.37% |
5,804,597
-127,647
| -2% | -$9.47M |
|
56
iShares MSCI EAFE ETF
EFA
$79.9B
| $435M | 0.37% |
6,705,135
-162,888
| -2% | -$10.3M |
|
57
AbbVie
ABBV
$442B
| $410M | 0.35% |
5,088,656
+282,310
| +6% | +$23.1M |
|
58
Exelon
EXC
$46.2B
| $399M | 0.34% |
11,164,019
+582,340
| +6% | +$19.8M |
|
59
Home Depot
HD
$353B
| $396M | 0.34% |
2,063,294
-542,456
| -21% | -$99.5M |
|
60
Sun Life Financial
SLF
$44.6B
| $392M | 0.34% |
10,207,867
-244,429
| -2% | -$8.97M |
|
61
CGI
GIB
$15.5B
| $392M | 0.34% |
5,693,829
+35,179
| +0.6% | +$2.32M |
|
62
Restaurant Brands International
QSR
$25.6B
| $391M | 0.34% |
5,998,387
+852,636
| +17% | +$52.4M |
|
63
Morgan Stanley
MS
$338B
| $390M | 0.33% |
9,237,444
+3,297,017
| +56% | +$139M |
|
64
Amgen
AMGN
$224B
| $382M | 0.33% |
2,012,889
-575,048
| -22% | -$110M |
|
65
ConocoPhillips
COP
$151B
| $376M | 0.32% |
5,635,592
+46,253
| +0.8% | +$3.11M |
|
66
PepsiCo
PEP
$189B
| $375M | 0.32% |
3,062,776
+51,246
| +2% | +$5.84M |
|
67
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $362M | 0.31% |
8,507,235
-2,837,164
| -25% | -$117M |
|
68
Texas Instruments
TXN
$257B
| $341M | 0.29% |
3,212,978
+486,584
| +18% | +$50.4M |
|
69
UnitedHealth
UNH
$361B
| $340M | 0.29% |
1,374,507
-283,395
| -17% | -$72.3M |
|
70
Verizon
VZ
$196B
| $339M | 0.29% |
5,726,613
+602,896
| +12% | +$34.1M |
|
71
Invesco QQQ Trust
QQQ
$478B
| $337M | 0.29% |
1,874,007
+578,901
| +45% | +$98.2M |
|
72
American Express
AXP
$230B
| $324M | 0.28% |
2,966,320
-377,075
| -11% | -$39.6M |
|
73
Southwest Airlines
LUV
$22.3B
| $319M | 0.27% |
6,137,619
+340,516
| +6% | +$18M |
|
74
Union Pacific
UNP
$174B
| $311M | 0.27% |
1,857,753
+342,457
| +23% | +$55.1M |
|
75
Medtronic
MDT
$116B
| $309M | 0.26% |
3,391,525
-353,857
| -9% | -$31.7M |
|
Similar funds
Bank of Montreal's Q1 2019 Portfolio in Review
As of Q1 2019, Bank of Montreal held 5,143 positions worth $117B, up 10% from $106B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q1 2019 filing shows 425 new, 1,416 increased, 2,236 reduced and 708 closed positions. Its largest new stake was Linde: 559,914 shares worth $98.5M. The largest sale was Amazon, an estimated $1.32B.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 24% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q1 2019 buy was Linde: 559,914 shares worth $98.5M.
- Bank of Montreal added most to Apple in Q1 2019, an estimated $545M increase.
- Bank of Montreal's biggest Q1 2019 reduction was Amazon, cutting an estimated $1.32B.
- Bank of Montreal fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $45.7M.
- Bank of Montreal's ten largest holdings make up 22% of its $117B portfolio in Q1 2019.
- Bank of Montreal opened 425 new positions and closed 708 in Q1 2019.
- Bank of Montreal's portfolio value rose 10% quarter-over-quarter to $117B.
Based on Bank of Montreal's 13F filing for Q1 2019, filed 26 Apr 2019.