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 |
AABA
Altaba Inc
AABA
|
+$616M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$239M |
| 3 |
DuPont de Nemours
DD
|
+$227M |
| 4 |
AbbVie
ABBV
|
+$223M |
| 5 |
General Motors
GM
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mondelez International
MDLZ
|
+$299M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$284M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$229M |
| 4 |
BP
BP
|
+$216M |
| 5 |
Air Products & Chemicals
APD
|
+$204M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.73% |
| 2 | Energy | 10.69% |
| 3 | Technology | 8.65% |
| 4 | Industrials | 8.51% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Algonquin Power & Utilities
AQN
$4.36B
| $216M | 0.2% |
20,472,929
+1,992,360
| +11% | +$21.1M |
|
102
Gildan
GIL
$10.6B
| $216M | 0.2% |
6,897,762
-109,829
| -2% | -$3.36M |
|
103
Medtronic
MDT
$114B
| $215M | 0.2% |
2,765,556
+243,103
| +10% | +$20.2M |
|
104
Eli Lilly
LLY
$1.1T
| $214M | 0.2% |
2,497,635
+988,698
| +66% | +$81.1M |
|
105
Valero Energy
VLO
$90.7B
| $210M | 0.19% |
2,725,468
+169,263
| +7% | +$11.7M |
|
106
PNC Financial Services
PNC
$100B
| $210M | 0.19% |
1,555,098
+306
| +0% | +$39.3K |
|
107
Micron Technology
MU
$972B
| $208M | 0.19% |
5,278,308
+1,260,951
| +31% | +$39.9M |
|
108
McDonald's
MCD
$194B
| $203M | 0.19% |
1,293,983
-600,275
| -32% | -$94.1M |
|
109
Unum
UNM
$14.5B
| $202M | 0.18% |
3,947,162
+625,640
| +19% | +$30.5M |
|
110
Keurig Dr Pepper
KDP
$39.9B
| $197M | 0.18% |
2,230,397
-101,779
| -4% | -$9.24M |
|
111
KKR & Co
KKR
$93.2B
| $197M | 0.18% |
9,668,943
+2,222,067
| +30% | +$42.2M |
|
112
Morgan Stanley
MS
$338B
| $196M | 0.18% |
4,061,187
+619,253
| +18% | +$28.7M |
|
|
SJR
113
DELISTED
Shaw Communications Inc.
SJR
| $194M | 0.18% |
8,452,687
+599,885
| +8% | +$13.3M |
|
114
Alibaba
BABA
$317B
| $194M | 0.18% |
1,124,401
+322,302
| +40% | +$52.3M |
|
115
VanEck Junior Gold Miners ETF
GDXJ
$8.54B
| $193M | 0.18% |
5,751,639
+2,400,000
| +72% | +$81.2M |
|
116
ConocoPhillips
COP
$148B
| $191M | 0.17% |
3,808,421
+183,789
| +5% | +$8.26M |
|
117
Vermilion Energy
VET
$1.75B
| $187M | 0.17% |
5,257,627
+402,354
| +8% | +$13.2M |
|
118
Philip Morris
PM
$290B
| $186M | 0.17% |
1,675,899
-114,044
| -6% | -$13.3M |
|
119
Imperial Oil
IMO
$62.3B
| $186M | 0.17% |
5,811,669
+33,756
| +0.6% | +$1M |
|
120
Huntington Ingalls Industries
HII
$13B
| $185M | 0.17% |
817,012
+4,697
| +0.6% | +$979K |
|
|
WPZ
121
DELISTED
Williams Partners L.P.
WPZ
| $183M | 0.17% |
4,711,331
-310,740
| -6% | -$12.3M |
|
122
Cadence Design Systems
CDNS
$91.4B
| $182M | 0.17% |
4,612,784
+1,454,670
| +46% | +$53.6M |
|
123
iShares Russell 2000 ETF
IWM
$81.5B
| $181M | 0.17% |
1,221,185
-18,829
| -2% | -$2.65M |
|
124
Owens Corning
OC
$12.2B
| $178M | 0.16% |
2,301,895
+1,292,997
| +128% | +$90.4M |
|
|
GG
125
DELISTED
Goldcorp Inc
GG
| $178M | 0.16% |
13,696,428
+83,887
| +0.6% | +$1.1M |
|
Similar funds
Bank of Montreal's Q3 2017 Portfolio in Review
As of Q3 2017, Bank of Montreal held 4,520 positions worth $109B, up 4.7% from $104B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal's Q3 2017 filing shows 258 new, 1,597 increased, 1,464 reduced and 295 closed positions. Its largest new stake was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M. The largest sale was Mondelez International, an estimated $299M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, up from 26% a quarter earlier, followed by Energy and Technology.
- Bank of Montreal's largest Q3 2017 buy was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M.
- Bank of Montreal added most to Altaba Inc in Q3 2017, an estimated $616M increase.
- Bank of Montreal's biggest Q3 2017 reduction was Mondelez International, cutting an estimated $299M.
- Bank of Montreal fully exited Reynolds American Inc in Q3 2017, selling an estimated $229M.
- Bank of Montreal's ten largest holdings make up 21% of its $109B portfolio in Q3 2017.
- Bank of Montreal opened 258 new positions and closed 295 in Q3 2017.
- Bank of Montreal's portfolio value rose 4.7% quarter-over-quarter to $109B.
Based on Bank of Montreal's 13F filing for Q3 2017, filed 16 Oct 2017.