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 | |
|---|---|---|---|---|---|---|
1026
New Mountain Finance
NMFC
$736M
| $4.48M | 0.01% |
794,000
| – | – |
|
1027
PUT
iQIYI
IQ
$1.31B
| $4.47M | 0.01% |
250,000
-437,100
| -64% | -$9.82M |
|
1028
Gold Fields
GFI
$35.4B
| $4.47M | 0.01% |
873,656
-157,357
| -15% | -$961K |
|
1029
Preferred Bank
PFBC
$1.28B
| $4.47M | 0.01% |
136,889
+22,902
| +20% | +$1.2M |
|
1030
Dell
DELL
$320B
| $4.46M | 0.01% |
236,825
-178,681
| -43% | -$4.12M |
|
1031
Nelnet
NNI
$4.55B
| $4.45M | 0.01% |
97,376
+14,032
| +17% | +$756K |
|
1032
CALL
Core Laboratories
CLB
$569M
| $4.45M | 0.01% |
+460,700
| New | +$12.9M |
|
1033
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $4.44M | 0.01% |
103,182
+2,715
| +3% | +$140K |
|
|
SEGG
1034
Sports Entertainment Gaming Global Corp
SEGG
$7.89M
| $4.43M | 0.01% |
300
-236
| -44% | -$3.49M |
|
1035
HSBC
HSBC
$358B
| $4.43M | 0.01% |
180,778
-118,145
| -40% | -$4.1M |
|
1036
British American Tobacco
BTI
$124B
| $4.42M | 0.01% |
119,874
-10,812
| -8% | -$441K |
|
|
EVV
1037
Eaton Vance Limited Duration Income Fund
EVV
$1.07B
| $4.39M | 0.01% |
426,000
| – | – |
|
1038
Tandem Diabetes Care
TNDM
$1.61B
| $4.39M | 0.01% |
68,294
-14,236
| -17% | -$997K |
|
|
CRON
1039
Cronos Group
CRON
$1.16B
| $4.39M | 0.01% |
809,479
+118,146
| +17% | +$786K |
|
1040
Royal Gold
RGLD
$19.1B
| $4.38M | 0.01% |
47,255
-56
| -0.1% | -$5.78K |
|
1041
Sunoco
SUN
$14B
| $4.38M | 0.01% |
295,999
-163,550
| -36% | -$4.39M |
|
1042
KB Home
KBH
$3.45B
| $4.36M | 0.01% |
268,915
+9,492
| +4% | +$304K |
|
1043
Allegion
ALLE
$14.2B
| $4.35M | 0.01% |
51,551
-24,628
| -32% | -$2.95M |
|
1044
i3 Verticals
IIIV
$325M
| $4.35M | 0.01% |
240,286
+238,461
| +13,066% | +$6.71M |
|
1045
Boot Barn
BOOT
$4.92B
| $4.35M | 0.01% |
347,671
+224,912
| +183% | +$7.18M |
|
1046
Commercial Metals
CMC
$7.98B
| $4.34M | 0.01% |
276,201
+233,577
| +548% | +$4.45M |
|
|
EXAS
1047
DELISTED
Exact Sciences
EXAS
| $4.33M | 0.01% |
75,276
+10,453
| +16% | +$849K |
|
1048
Dana Inc
DAN
$3.26B
| $4.32M | ﹤0.01% |
595,285
+52,119
| +10% | +$719K |
|
1049
Gen Digital
GEN
$17.7B
| $4.29M | ﹤0.01% |
232,524
-920,463
| -80% | -$19.9M |
|
1050
Whirlpool
WHR
$2.79B
| $4.29M | ﹤0.01% |
52,609
-12,687
| -19% | -$1.67M |
|
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.