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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$411M |
| 3 |
Microsoft
MSFT
|
+$300M |
| 4 |
Apple
AAPL
|
+$284M |
| 5 |
Visa
V
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$254M |
| 2 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$178M |
| 3 |
Vanguard Dividend Appreciation ETF
VIG
|
+$177M |
| 4 |
Blackstone
BX
|
+$139M |
| 5 |
Exelon
EXC
|
+$126M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.32% |
| 2 | Technology | 11.27% |
| 3 | Energy | 8.71% |
| 4 | Industrials | 8.12% |
| 5 | Communication Services | 8.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Cathay General Bancorp
CATY
$4.3B
| $11.2M | 0.01% |
293,743
+94,473
| +47% | +$3.45M |
|
927
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.61B
| $11.2M | 0.01% |
240,276
-10,817
| -4% | -$500K |
|
|
VMW
928
DELISTED
VMware, Inc
VMW
| $11.1M | 0.01% |
73,005
-58,067
| -44% | -$9.1M |
|
|
RDS.B
929
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $11.1M | 0.01% |
184,627
+6,055
| +3% | +$356K |
|
930
TotalEnergies
TTE
$194B
| $11M | 0.01% |
198,906
+21,879
| +12% | +$1.16M |
|
931
Fidelity National Financial
FNF
$12.8B
| $10.9M | 0.01% |
251,082
+101,059
| +67% | +$4.48M |
|
932
PVH
PVH
$3.76B
| $10.9M | 0.01% |
104,092
+16,956
| +19% | +$1.62M |
|
|
SF
933
Stifel
SF
$12.8B
| $10.9M | 0.01% |
405,695
+131,388
| +48% | +$3.43M |
|
934
GSK
GSK
$101B
| $10.9M | 0.01% |
186,048
-6,661
| -3% | -$371K |
|
935
New Mountain Finance
NMFC
$728M
| $10.9M | 0.01% |
794,000
| – | – |
|
936
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $10.9M | 0.01% |
124,510
+17,029
| +16% | +$1.49M |
|
937
Dell
DELL
$313B
| $10.8M | 0.01% |
415,506
-434,482
| -51% | -$11.3M |
|
|
PRMW
938
DELISTED
Primo Water Corporation
PRMW
| $10.8M | 0.01% |
790,648
+5,991
| +0.8% | +$78.1K |
|
939
Reliance Steel & Aluminium
RS
$21.8B
| $10.8M | 0.01% |
89,906
+45,336
| +102% | +$5.13M |
|
940
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $10.8M | 0.01% |
277,198
-25,727
| -8% | -$1.04M |
|
941
Pediatrix Medical
MD
$2.15B
| $10.7M | 0.01% |
386,580
+2,919
| +0.8% | +$73.2K |
|
942
H&R Block
HRB
$6.87B
| $10.7M | 0.01% |
456,830
+81,070
| +22% | +$1.95M |
|
943
Vanguard Global ex-US Real Estate ETF
VNQI
$3.53B
| $10.7M | 0.01% |
181,435
-19,753
| -10% | -$1.19M |
|
944
CALL
KLA
KLAC
$272B
| $10.7M | 0.01% |
+600,000
| New | +$10.1M |
|
945
Lennar Class A
LEN
$20.5B
| $10.7M | 0.01% |
197,199
-14,621
| -7% | -$834K |
|
946
First Horizon
FHN
$12.3B
| $10.6M | 0.01% |
642,338
-419,497
| -40% | -$6.81M |
|
947
Revvity
RVTY
$13.2B
| $10.6M | 0.01% |
108,763
+4,745
| +5% | +$424K |
|
948
DexCom
DXCM
$34.3B
| $10.6M | 0.01% |
193,004
-96
| -0% | -$4.55K |
|
949
Colliers International
CIGI
$5.15B
| $10.6M | 0.01% |
135,323
-2,523
| -2% | -$182K |
|
950
Telefônica Brasil
VIV
$18.5B
| $10.5M | 0.01% |
734,247
+52,828
| +8% | +$706K |
|
Similar funds
Bank of Montreal's Q4 2019 Portfolio in Review
As of Q4 2019, Bank of Montreal held 5,174 positions worth $133B, up 15% from $116B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal deployed $10.1B of net new capital in Q4 2019, opening 425 new positions and adding to 2,835 existing holdings. Its largest new stake was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 28% a quarter earlier, followed by Technology and Energy.
On the sell side, the largest reduction was Apollo Global Management, an estimated $254M trimmed.
- Bank of Montreal's largest Q4 2019 buy was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $1.51B increase.
- Bank of Montreal's biggest Q4 2019 reduction was Apollo Global Management, cutting an estimated $254M.
- Bank of Montreal fully exited Buckeye Partners, L.P. in Q4 2019, selling an estimated $125M.
- Bank of Montreal's ten largest holdings make up 20% of its $133B portfolio in Q4 2019.
- Bank of Montreal opened 425 new positions and closed 298 in Q4 2019.
- Bank of Montreal's portfolio value rose 15% quarter-over-quarter to $133B.
Based on Bank of Montreal's 13F filing for Q4 2019, filed 10 Feb 2020.