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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.61% |
| 2 | Technology | 11.96% |
| 3 | Healthcare | 8.49% |
| 4 | Industrials | 8.31% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Encore Capital Group
ECPG
$2.15B
| $5.42M | 0.01% |
283,323
-129,729
| -31% | -$4.37M |
|
952
Vulcan Materials
VMC
$36B
| $5.41M | 0.01% |
50,406
-145,334
| -74% | -$18.6M |
|
|
ALEX
953
DELISTED
Alexander & Baldwin
ALEX
| $5.4M | 0.01% |
551,083
+74,154
| +16% | +$1.39M |
|
954
Kontoor Brands
KTB
$4.65B
| $5.38M | 0.01% |
345,501
+77,955
| +29% | +$2.78M |
|
|
HHR
955
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $5.37M | 0.01% |
339,000
-52,100
| -13% | -$1.09M |
|
|
PDCE
956
PUT
DELISTED
PDC Energy, Inc.
PDCE
| $5.36M | 0.01% |
680,000
| – | – |
|
957
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $5.29M | 0.01% |
21,197
+10,502
| +98% | +$3.56M |
|
958
Walker & Dunlop
WD
$1.47B
| $5.28M | 0.01% |
169,950
-6,129
| -3% | -$386K |
|
|
AEL
959
DELISTED
American Equity Investment Life Holding Company
AEL
| $5.26M | 0.01% |
320,823
-22,630
| -7% | -$577K |
|
960
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $5.26M | 0.01% |
53,052
-1,554
| -3% | -$157K |
|
|
UCTT
961
Ultra Clean Holdings
UCTT
$4.21B
| $5.22M | 0.01% |
403,744
+51,303
| +15% | +$1.09M |
|
962
CALL
United Parcel Service
UPS
$89.8B
| $5.21M | 0.01% |
56,000
-60,000
| -52% | -$6.22M |
|
963
W.R. Berkley
WRB
$26.2B
| $5.21M | 0.01% |
231,077
-61,968
| -21% | -$1.85M |
|
964
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$796M
| $5.19M | 0.01% |
280,690
+267,660
| +2,054% | +$5.67M |
|
965
iShares MSCI Japan ETF
EWJ
$23.2B
| $5.19M | 0.01% |
108,870
+69,325
| +175% | +$3.81M |
|
966
iShares China Large-Cap ETF
FXI
$4.16B
| $5.18M | 0.01% |
138,563
-2,494
| -2% | -$102K |
|
967
The Ensign Group
ENSG
$10.6B
| $5.17M | 0.01% |
160,909
-14,760
| -8% | -$647K |
|
|
CZR
968
CALL
DELISTED
Caesars Entertainment Corporation
CZR
| $5.17M | 0.01% |
+800,000
| New | +$9.41M |
|
969
Itron
ITRI
$4.5B
| $5.16M | 0.01% |
95,006
+76,939
| +426% | +$5.85M |
|
970
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $5.14M | 0.01% |
103,639
+89,509
| +633% | +$4.5M |
|
971
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $5.14M | 0.01% |
154,189
-47,016
| -23% | -$1.92M |
|
972
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $5.13M | 0.01% |
42,140
-6,887
| -14% | -$793K |
|
|
FBM
973
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $5.12M | 0.01% |
561,081
+320,938
| +134% | +$5.21M |
|
974
CALL
iShares MSCI Italy ETF
EWI
$1.08B
| $5.09M | 0.01% |
+250,000
| New | +$6.67M |
|
975
Box
BOX
$4.66B
| $5.09M | 0.01% |
345,804
-390,070
| -53% | -$5.8M |
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $14.8B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.