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 |
Amazon
AMZN
|
+$856M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$781M |
| 3 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$367M |
| 4 |
Energy Transfer Partners
ET
|
+$311M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$968M |
| 2 |
Alibaba
BABA
|
+$290M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$276M |
| 4 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$222M |
| 5 |
Cigna
CI
|
+$217M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.69% |
| 2 | Technology | 9.46% |
| 3 | Communication Services | 8.94% |
| 4 | Energy | 8.17% |
| 5 | Healthcare | 7.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
JE
726
DELISTED
Just Energy Group Inc
JE
| $12M | 0.01% |
110,146
+717
| +0.7% | +$83.4K |
|
727
PUT
Intuitive Surgical
ISRG
$142B
| $12M | 0.01% |
+75,000
| New | +$12.7M |
|
728
Custom Truck One Source
CTOS
$2.33B
| $12M | 0.01% |
1,195,774
+683,864
| +134% | +$6.82M |
|
729
Globe Life
GL
$14B
| $11.9M | 0.01% |
160,069
-19,181
| -11% | -$1.59M |
|
730
Healthcare Services Group
HCSG
$1.45B
| $11.9M | 0.01% |
295,584
+6,162
| +2% | +$261K |
|
731
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.43B
| $11.9M | 0.01% |
147,118
-22,576
| -13% | -$2.01M |
|
732
Cincinnati Financial
CINF
$26.5B
| $11.7M | 0.01% |
151,539
-149,082
| -50% | -$11.6M |
|
|
DSL
733
DoubleLine Income Solutions Fund
DSL
$1.24B
| $11.7M | 0.01% |
675,101
-113
| -0% | -$2.1K |
|
|
XYZ
734
Block Inc
XYZ
$49.9B
| $11.6M | 0.01% |
207,054
+27,603
| +15% | +$1.95M |
|
735
PUT
TC Energy
TRP
$65.8B
| $11.5M | 0.01% |
322,500
-1,000
| -0.3% | -$39.4K |
|
|
CHL
736
DELISTED
China Mobile Limited
CHL
| $11.4M | 0.01% |
238,052
-106,188
| -31% | -$5.11M |
|
|
NUAN
737
DELISTED
Nuance Communications, Inc.
NUAN
| $11.4M | 0.01% |
995,742
-66,813
| -6% | -$936K |
|
738
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $11.3M | 0.01% |
428,368
+112,452
| +36% | +$3.06M |
|
739
Expeditors International
EXPD
$24.3B
| $11.3M | 0.01% |
166,106
+52,495
| +46% | +$3.69M |
|
740
iShares Short Maturity Bond ETF
NEAR
$4.88B
| $11.3M | 0.01% |
226,529
+18,669
| +9% | +$934K |
|
741
PUT
Boeing
BA
$182B
| $11.3M | 0.01% |
35,000
-15,000
| -30% | -$5.18M |
|
742
Grand Canyon Education
LOPE
$3.79B
| $11.2M | 0.01% |
116,325
+95,154
| +449% | +$11.1M |
|
743
Alexandria Real Estate Equities
ARE
$8.33B
| $11.1M | 0.01% |
96,600
-305,483
| -76% | -$37.3M |
|
744
NiSource
NI
$20.2B
| $11.1M | 0.01% |
438,938
-203,867
| -32% | -$5.26M |
|
745
Alarm.com
ALRM
$2.74B
| $11.1M | 0.01% |
214,105
+5,600
| +3% | +$271K |
|
|
VAR
746
DELISTED
Varian Medical Systems, Inc.
VAR
| $11.1M | 0.01% |
97,864
-7,928
| -7% | -$906K |
|
747
Loews
L
$23B
| $11.1M | 0.01% |
243,453
-111,347
| -31% | -$5.25M |
|
748
Monster Beverage
MNST
$91.4B
| $11M | 0.01% |
891,136
-360,460
| -29% | -$4.89M |
|
|
CEQP
749
DELISTED
Crestwood Equity Partners LP
CEQP
| $11M | 0.01% |
392,842
-553,031
| -58% | -$18.1M |
|
750
National Grid
NGG
$81.6B
| $11M | 0.01% |
258,134
-102,640
| -28% | -$4.79M |
|
Similar funds
Bank of Montreal's Q4 2018 Portfolio in Review
As of Q4 2018, Bank of Montreal held 5,067 positions worth $106B, down 17% from $128B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $3.74B in Q4 2018, closing 348 positions and reducing 1,705 holdings. Its most notable exit was Energy Transfer Partners, L.P., an estimated $222M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 24% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in Cheer Holding worth $18.7M.
- Bank of Montreal's largest Q4 2018 buy was Cheer Holding: 1,293 shares worth $18.7M.
- Bank of Montreal added most to Amazon in Q4 2018, an estimated $856M increase.
- Bank of Montreal's biggest Q4 2018 reduction was Tesla, cutting an estimated $968M.
- Bank of Montreal fully exited Energy Transfer Partners, L.P. in Q4 2018, selling an estimated $222M.
- Bank of Montreal's ten largest holdings make up 22% of its $106B portfolio in Q4 2018.
- Bank of Montreal opened 284 new positions and closed 348 in Q4 2018.
- Bank of Montreal's portfolio value fell 17% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q4 2018, filed 22 Jan 2019.