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 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.52% |
| 2 | Technology | 10.11% |
| 3 | Energy | 9.47% |
| 4 | Industrials | 8.48% |
| 5 | Communication Services | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Universal Health Services
UHS
$10.1B
| $11.5M | 0.01% |
77,476
-46,979
| -38% | -$6.75M |
|
827
PUT
CME Group
CME
$96.1B
| $11.5M | 0.01% |
+54,200
| New | +$11.3M |
|
828
Invesco
IVZ
$14.3B
| $11.5M | 0.01% |
676,130
-32,410
| -5% | -$572K |
|
829
Lennar Class A
LEN
$21.1B
| $11.5M | 0.01% |
211,820
+75,673
| +56% | +$3.69M |
|
830
CALL
Fortis
FTS
$28.8B
| $11.4M | 0.01% |
270,000
-160,000
| -37% | -$6.53M |
|
831
CALL
Illumina
ILMN
$29.1B
| $11.4M | 0.01% |
+38,550
| New | +$11.4M |
|
|
832
PUT
Illumina
ILMN
$29.1B
| $11.4M | 0.01% |
38,550
+31,662
| +460% | +$9.33M |
|
|
STOR
833
DELISTED
STORE Capital Corporation
STOR
| $11.4M | 0.01% |
304,689
-18,672
| -6% | -$669K |
|
834
iShares Short Maturity Bond ETF
NEAR
$4.88B
| $11.3M | 0.01% |
224,592
+6,798
| +3% | +$342K |
|
835
iShares MSCI USA Quality Factor ETF
QUAL
$48.4B
| $11.3M | 0.01% |
122,092
+7,080
| +6% | +$651K |
|
836
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $11.2M | 0.01% |
212,440
+67,271
| +46% | +$3.51M |
|
837
CALL
Rogers Communications
RCI
$19.7B
| $11.2M | 0.01% |
230,000
+163,100
| +244% | +$8.4M |
|
838
Element Solutions
ESI
$9.51B
| $11.2M | 0.01% |
1,096,215
+3,216
| +0.3% | +$31.6K |
|
839
SAP
SAP
$242B
| $11.1M | 0.01% |
94,393
-35,151
| -27% | -$4.35M |
|
840
CALL
MetLife
MET
$61.9B
| $11.1M | 0.01% |
+234,900
| New | +$11.2M |
|
841
PUT
PayPal
PYPL
$51.8B
| $11M | 0.01% |
106,300
+52,300
| +97% | +$5.76M |
|
842
D.R. Horton
DHI
$41.9B
| $11M | 0.01% |
208,258
+41,037
| +25% | +$1.96M |
|
|
ENBL
843
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $11M | 0.01% |
912,157
+118,124
| +15% | +$1.54M |
|
844
Royal Gold
RGLD
$19.1B
| $11M | 0.01% |
88,902
-4,197
| -5% | -$511K |
|
845
PUT
Shopify
SHOP
$204B
| $10.9M | 0.01% |
350,000
+49,000
| +16% | +$1.68M |
|
846
Sunstone Hotel Investors
SHO
$2.02B
| $10.9M | 0.01% |
792,399
+253,934
| +47% | +$3.41M |
|
847
Pan American Silver
PAAS
$19.9B
| $10.9M | 0.01% |
693,091
+76,306
| +12% | +$1.23M |
|
|
SIX
848
DELISTED
Six Flags Entertainment Corp.
SIX
| $10.8M | 0.01% |
213,203
-7,741
| -4% | -$420K |
|
849
New Mountain Finance
NMFC
$736M
| $10.8M | 0.01% |
794,000
| – | – |
|
850
Genuine Parts
GPC
$18.7B
| $10.8M | 0.01% |
108,569
-15,816
| -13% | -$1.52M |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.