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 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.52% |
| 2 | Technology | 10.11% |
| 3 | Energy | 9.47% |
| 4 | Industrials | 8.48% |
| 5 | Communication Services | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Neurocrine Biosciences
NBIX
$15.9B
| $5.79M | 0.01% |
64,199
+8,227
| +15% | +$769K |
|
1127
Stepan Co
SCL
$1.48B
| $5.79M | 0.01% |
59,614
+14,024
| +31% | +$1.33M |
|
1128
Marvell Technology
MRVL
$199B
| $5.78M | 0.01% |
231,341
+29,495
| +15% | +$740K |
|
1129
Coeur Mining
CDE
$19B
| $5.77M | 0.01% |
1,200,434
+600,462
| +100% | +$2.98M |
|
|
AMJ
1130
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $5.77M | 0.01% |
248,144
-266,844
| -52% | -$6.44M |
|
1131
Affiliated Managers Group
AMG
$9.57B
| $5.77M | 0.01% |
69,203
+13,035
| +23% | +$1.09M |
|
1132
CALL
Molson Coors Class B
TAP
$7.75B
| $5.75M | 0.01% |
100,000
-74,000
| -43% | -$4.01M |
|
1133
CALL
Canadian Natural Resources
CNQ
$98.1B
| $5.74M | 0.01% |
439,847
-124,358
| -22% | -$1.54M |
|
|
DHR.PRA
1134
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| – | – |
0
| – | – |
|
1135
CALL
Franco-Nevada
FNV
$45.5B
| $5.72M | ﹤0.01% |
62,700
+45,800
| +271% | +$4.2M |
|
1136
ProPetro Holding
PUMP
$1.42B
| $5.71M | ﹤0.01% |
628,501
+182,684
| +41% | +$2.54M |
|
1137
Arista Networks
ANET
$257B
| $5.7M | ﹤0.01% |
382,080
+13,744
| +4% | +$213K |
|
1138
Lantheus
LNTH
$6.57B
| $5.7M | ﹤0.01% |
227,501
+30,874
| +16% | +$760K |
|
1139
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $5.69M | ﹤0.01% |
55,945
-16,026
| -22% | -$1.63M |
|
1140
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $5.69M | ﹤0.01% |
70,425
-48,935
| -41% | -$3.95M |
|
|
MASI
1141
DELISTED
Masimo
MASI
| $5.68M | ﹤0.01% |
38,170
+12,274
| +47% | +$1.86M |
|
1142
CALL
United States Oil Fund
USO
$1.77B
| $5.67M | ﹤0.01% |
+62,500
| New | +$5.87M |
|
1143
Amkor Technology
AMKR
$14.3B
| $5.66M | ﹤0.01% |
622,245
+200,876
| +48% | +$1.72M |
|
1144
Schwab US TIPS ETF
SCHP
$16.2B
| $5.65M | ﹤0.01% |
199,158
-1,800
| -0.9% | -$51K |
|
1145
CALL
Meta Platforms (Facebook)
META
$1.52T
| $5.64M | ﹤0.01% |
31,700
-27,600
| -47% | -$5.25M |
|
|
TCP
1146
DELISTED
TC Pipelines LP
TCP
| $5.64M | ﹤0.01% |
138,673
+46,167
| +50% | +$1.8M |
|
1147
Autohome
ATHM
$2.65B
| $5.63M | ﹤0.01% |
67,668
-10,526
| -13% | -$902K |
|
1148
Orthofix Medical
OFIX
$415M
| $5.62M | ﹤0.01% |
105,934
+52,214
| +97% | +$2.69M |
|
1149
Albemarle
ALB
$15.4B
| $5.61M | ﹤0.01% |
80,716
+19,942
| +33% | +$1.36M |
|
1150
NRG Energy
NRG
$25.2B
| $5.6M | ﹤0.01% |
141,298
-103,752
| -42% | -$3.75M |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.