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 |
Mastercard
MA
|
+$512M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$458M |
| 3 |
Toronto Dominion Bank
TD
|
+$275M |
| 4 |
Shopify
SHOP
|
+$265M |
| 5 |
TC Energy
TRP
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$202M |
| 3 |
Restaurant Brands International
QSR
|
+$198M |
| 4 |
Canadian Natural Resources
CNQ
|
+$121M |
| 5 |
Invitation Homes
INVH
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.89% |
| 2 | Technology | 14.11% |
| 3 | Healthcare | 7.95% |
| 4 | Communication Services | 7.92% |
| 5 | Industrials | 7.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Under Armour
UAA
$2.3B
| $5.32M | ﹤0.01% |
579,308
-10,505
| -2% | -$99.7K |
|
1127
Alaska Air
ALK
$5.3B
| $5.29M | ﹤0.01% |
153,503
+24,109
| +19% | +$785K |
|
1128
Charles River Laboratories
CRL
$13.4B
| $5.28M | ﹤0.01% |
28,541
+7,876
| +38% | +$1.26M |
|
1129
Domino's
DPZ
$11.6B
| $5.25M | ﹤0.01% |
13,606
+11,034
| +429% | +$4.07M |
|
1130
Lumen
LUMN
$6.6B
| $5.19M | ﹤0.01% |
539,348
-102,413
| -16% | -$1.02M |
|
1131
NetApp
NTAP
$40.2B
| $5.17M | ﹤0.01% |
122,228
-52,856
| -30% | -$2.27M |
|
1132
Teledyne Technologies
TDY
$31.2B
| $5.17M | ﹤0.01% |
17,761
+14,789
| +498% | +$4.86M |
|
1133
Ciena
CIEN
$62.7B
| $5.16M | ﹤0.01% |
91,893
-65,297
| -42% | -$3.25M |
|
1134
Toyota
TM
$223B
| $5.16M | ﹤0.01% |
41,662
+1,593
| +4% | +$197K |
|
|
PBCT
1135
DELISTED
People's United Financial Inc
PBCT
| $5.16M | ﹤0.01% |
495,888
-135,800
| -21% | -$1.58M |
|
|
NATI
1136
DELISTED
National Instruments Corp
NATI
| $5.15M | ﹤0.01% |
137,229
-517,483
| -79% | -$19.6M |
|
|
ACB
1137
Aurora Cannabis
ACB
$235M
| $5.15M | ﹤0.01% |
43,714
+6,782
| +18% | +$772K |
|
1138
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.48B
| $5.13M | ﹤0.01% |
102,986
-78,137
| -43% | -$3.86M |
|
1139
Suburban Propane Partners
SPH
$1.17B
| $5.1M | ﹤0.01% |
374,337
+71,820
| +24% | +$1.03M |
|
|
QTS
1140
DELISTED
QTS REALTY TRUST, INC.
QTS
| $5.08M | ﹤0.01% |
77,339
+5,397
| +8% | +$339K |
|
|
CRON
1141
Cronos Group
CRON
$1.16B
| $5.06M | ﹤0.01% |
840,831
+31,352
| +4% | +$192K |
|
1142
Alcoa
AA
$13.1B
| $5.05M | ﹤0.01% |
479,779
-31,722
| -6% | -$284K |
|
1143
Johnson Outdoors
JOUT
$512M
| $5.04M | ﹤0.01% |
57,239
+1,792
| +3% | +$128K |
|
1144
CALL
TransAlta
TAC
$3.99B
| $5.04M | ﹤0.01% |
860,000
+460,000
| +115% | +$2.64M |
|
1145
Novavax
NVAX
$1.34B
| $5.04M | ﹤0.01% |
52,327
-23,570
| -31% | -$901K |
|
1146
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.46B
| $5.03M | ﹤0.01% |
75,776
-3,913
| -5% | -$254K |
|
1147
CALL
Caterpillar
CAT
$393B
| $5.03M | ﹤0.01% |
+40,000
| New | +$4.74M |
|
1148
PTC Therapeutics
PTCT
$6.01B
| $5.02M | ﹤0.01% |
88,286
+4,312
| +5% | +$212K |
|
1149
American Airlines Group
AAL
$9.97B
| $5.02M | ﹤0.01% |
448,947
+155,308
| +53% | +$1.88M |
|
1150
PUT
Ollie's Bargain Outlet
OLLI
$4.7B
| $5.01M | ﹤0.01% |
+50,000
| New | +$3.84M |
|
Similar funds
Bank of Montreal's Q2 2020 Portfolio in Review
As of Q2 2020, Bank of Montreal held 4,997 positions worth $110B, up 26% from $87.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2020 filing shows 848 new, 2,326 increased, 1,132 reduced and 339 closed positions. Its largest new stake was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M. The largest sale was Amazon, an estimated $363M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Technology and Healthcare.
- Bank of Montreal's largest Q2 2020 buy was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M.
- Bank of Montreal added most to Mastercard in Q2 2020, an estimated $512M increase.
- Bank of Montreal's biggest Q2 2020 reduction was Amazon, cutting an estimated $363M.
- Bank of Montreal fully exited Allergan plc in Q2 2020, selling an estimated $94M.
- Bank of Montreal's ten largest holdings make up 22% of its $110B portfolio in Q2 2020.
- Bank of Montreal opened 848 new positions and closed 339 in Q2 2020.
- Bank of Montreal's portfolio value rose 26% quarter-over-quarter to $110B.
Based on Bank of Montreal's 13F filing for Q2 2020, filed 12 Aug 2020.