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 |
Chevron
CVX
|
+$267M |
| 2 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$235M |
| 3 |
AABA
Altaba Inc
AABA
|
+$207M |
| 4 |
WCN
Waste Connections
WCN
|
+$192M |
| 5 |
Blackstone
BX
|
+$187M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$761M |
| 2 |
Royal Bank of Canada
RY
|
+$340M |
| 3 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$298M |
| 4 |
EOG Resources
EOG
|
+$262M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.01% |
| 2 | Energy | 10.73% |
| 3 | Industrials | 8.34% |
| 4 | Communication Services | 7.9% |
| 5 | Technology | 7.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
United Bankshares
UBSI
$6.62B
| $10.1M | 0.01% |
256,981
+230,060
| +855% | +$9.13M |
|
852
iShares Micro-Cap ETF
IWC
$1.5B
| $10.1M | 0.01% |
113,138
+3,170
| +3% | +$273K |
|
853
Thor Industries
THO
$4.23B
| $10M | 0.01% |
95,882
-24,091
| -20% | -$2.33M |
|
854
Equifax
EFX
$21.4B
| $9.96M | 0.01% |
72,450
+13,108
| +22% | +$1.8M |
|
855
Federal Realty Investment Trust
FRT
$10.2B
| $9.94M | 0.01% |
78,614
-39,726
| -34% | -$5.12M |
|
856
Ryder
R
$10B
| $9.83M | 0.01% |
136,604
-27,593
| -17% | -$1.91M |
|
|
SWFT
857
DELISTED
Swift Transportation Company
SWFT
| $9.79M | 0.01% |
369,299
+38,315
| +12% | +$923K |
|
|
CERN
858
DELISTED
Cerner Corp
CERN
| $9.78M | 0.01% |
147,212
-619,696
| -81% | -$39.6M |
|
859
Colliers International
CIGI
$5.3B
| $9.78M | 0.01% |
173,299
-26,059
| -13% | -$1.35M |
|
860
lululemon athletica
LULU
$14.3B
| $9.76M | 0.01% |
163,601
+149,176
| +1,034% | +$7.77M |
|
861
American Vanguard Corp
AVD
$61.8M
| $9.76M | 0.01% |
565,690
| – | – |
|
|
CVA
862
DELISTED
Covanta Holding Corporation
CVA
| $9.73M | 0.01% |
736,970
+567
| +0.1% | +$8.24K |
|
863
American Homes 4 Rent
AMH
$12.3B
| $9.67M | 0.01% |
428,244
+305,641
| +249% | +$6.95M |
|
864
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.78B
| $9.63M | 0.01% |
+255,000
| New | +$9.56M |
|
|
WNRL
865
DELISTED
Western Refining Logistics, LP
WNRL
| $9.52M | 0.01% |
370,944
+286,200
| +338% | +$7.18M |
|
|
BLD
866
DELISTED
TopBuild
BLD
| $9.49M | 0.01% |
178,795
+173,135
| +3,059% | +$8.87M |
|
867
EQT Corp
EQT
$34B
| $9.45M | 0.01% |
296,380
+33,768
| +13% | +$1.07M |
|
|
EDR
868
DELISTED
Education Realty Trust Inc
EDR
| $9.44M | 0.01% |
243,711
+186,434
| +325% | +$7.29M |
|
869
State Street Energy Select Sector SPDR ETF
XLE
$39.8B
| $9.44M | 0.01% |
290,826
+36,472
| +14% | +$1.23M |
|
|
UN
870
DELISTED
Unilever NV New York Registry Shares
UN
| $9.43M | 0.01% |
170,546
-30,065
| -15% | -$1.62M |
|
871
Ingredion
INGR
$6.58B
| $9.4M | 0.01% |
78,875
-40,341
| -34% | -$4.79M |
|
872
DigitalBridge
DBRG
$2.95B
| $9.4M | 0.01% |
166,832
-86,710
| -34% | -$4.71M |
|
873
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $9.39M | 0.01% |
84,950
-16,000
| -16% | -$1.71M |
|
874
Bath & Body Works
BBWI
$3.84B
| $9.37M | 0.01% |
215,039
+31,085
| +17% | +$1.27M |
|
875
The Ensign Group
ENSG
$10.6B
| $9.36M | 0.01% |
459,443
+1,834
| +0.4% | +$33.4K |
|
Similar funds
Bank of Montreal's Q2 2017 Portfolio in Review
As of Q2 2017, Bank of Montreal held 4,472 positions worth $104B, down 1.2% from $106B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $3.22B in Q2 2017, closing 256 positions and reducing 1,448 holdings. Its most notable exit was Energy Transfer Partners L.p., an estimated $298M position sold in full.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Energy and Industrials.
Against the trend, Bank of Montreal opened a new position in Altaba Inc worth $207M.
- Bank of Montreal's largest Q2 2017 buy was Altaba Inc: 3,800,131 shares worth $207M.
- Bank of Montreal added most to Chevron in Q2 2017, an estimated $267M increase.
- Bank of Montreal's biggest Q2 2017 reduction was Toronto Dominion Bank, cutting an estimated $761M.
- Bank of Montreal fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $298M.
- Bank of Montreal's ten largest holdings make up 21% of its $104B portfolio in Q2 2017.
- Bank of Montreal opened 460 new positions and closed 256 in Q2 2017.
- Bank of Montreal's portfolio value fell 1.2% quarter-over-quarter to $104B.
Based on Bank of Montreal's 13F filing for Q2 2017, filed 11 Jul 2017.