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 | |
|---|---|---|---|---|---|---|
1076
The Greenbrier Companies
GBX
$1.43B
| $6.13M | 0.01% |
132,602
-30,698
| -19% | -$1.4M |
|
1077
CALL
TransAlta
TAC
$3.95B
| $6.1M | 0.01% |
953,000
+391,900
| +70% | +$2.18M |
|
1078
Monro
MNRO
$365M
| $5.99M | 0.01% |
143,518
+89,746
| +167% | +$4.47M |
|
|
AEL
1079
DELISTED
American Equity Investment Life Holding Company
AEL
| $5.99M | 0.01% |
227,979
+77,127
| +51% | +$1.88M |
|
|
FPF
1080
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.08B
| $5.99M | 0.01% |
+241,333
| New | +$5.8M |
|
1081
PUT
AstraZeneca
AZN
$246B
| $5.98M | 0.01% |
+87,700
| New | +$5.73M |
|
|
APTS
1082
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $5.98M | 0.01% |
379,528
+376,994
| +14,877% | +$5.7M |
|
1083
Vanguard Morningstar Large-Cap ETF
VV
$54.3B
| $5.96M | 0.01% |
53,712
-45,980
| -46% | -$5.06M |
|
|
CSGS
1084
DELISTED
CSG Systems International
CSGS
| $5.95M | 0.01% |
146,599
+124,309
| +558% | +$4.88M |
|
1085
SAP
SAP
$242B
| $5.94M | 0.01% |
56,761
-538
| -0.9% | -$55.5K |
|
1086
Cheniere Energy
LNG
$54.8B
| $5.93M | 0.01% |
121,782
-1,177
| -1% | -$56.1K |
|
1087
United Microelectronic
UMC
$47.5B
| $5.92M | 0.01% |
2,425,400
+1,274,000
| +111% | +$2.56M |
|
|
HMHC
1088
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $5.89M | 0.01% |
479,226
+468,300
| +4,286% | +$5.73M |
|
1089
iShare MSCI Eurozone ETF
EZU
$9.91B
| $5.89M | 0.01% |
146,125
+136,125
| +1,361% | +$5.44M |
|
|
AKS
1090
DELISTED
AK Steel Holding Corp
AKS
| $5.87M | 0.01% |
893,553
+184,813
| +26% | +$1.16M |
|
|
MGP
1091
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $5.84M | 0.01% |
200,000
-150,000
| -43% | -$4.25M |
|
1092
Iron Mountain
IRM
$36.4B
| $5.84M | 0.01% |
169,846
+13,242
| +8% | +$463K |
|
|
IPG
1093
DELISTED
Interpublic Group of Companies
IPG
| $5.82M | 0.01% |
236,636
+80,335
| +51% | +$1.96M |
|
|
TECD
1094
DELISTED
Tech Data Corp
TECD
| $5.81M | 0.01% |
57,482
+54,444
| +1,792% | +$5.24M |
|
1095
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.38B
| $5.77M | 0.01% |
73,982
+11,134
| +18% | +$856K |
|
1096
Green Plains
GPRE
$1.09B
| $5.74M | 0.01% |
279,281
+257,065
| +1,157% | +$5.86M |
|
1097
Banco Santander
SAN
$210B
| $5.74M | 0.01% |
894,962
+49,969
| +6% | +$310K |
|
1098
PUT
Snap
SNAP
$9.32B
| $5.7M | 0.01% |
320,600
+241,800
| +307% | +$4.88M |
|
1099
PUT
Canadian National Railway
CNI
$76.4B
| $5.67M | 0.01% |
+70,000
| New | +$5.34M |
|
|
PDS
1100
Precision Drilling
PDS
$1.07B
| $5.67M | 0.01% |
83,099
+5,082
| +7% | +$394K |
|
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.