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 |
VanEck Gold Miners ETF
GDX
|
+$316M |
| 2 |
WCN
Waste Connections
WCN
|
+$188M |
| 3 |
JPMorgan Chase
JPM
|
+$165M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$149M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$135M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$292M |
| 2 |
Vanguard High Dividend Yield ETF
VYM
|
+$207M |
| 3 |
DuPont de Nemours
DD
|
+$156M |
| 4 |
BIN
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
|
+$124M |
| 5 |
Amdocs
DOX
|
+$117M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.85% |
| 2 | Energy | 10.62% |
| 3 | Communication Services | 8.5% |
| 4 | Industrials | 7.77% |
| 5 | Consumer Discretionary | 7.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ISBC
1226
DELISTED
Investors Bancorp, Inc.
ISBC
| $3.65M | ﹤0.01% |
329,422
-21,000
| -6% | -$243K |
|
1227
Cousins Properties
CUZ
$4.93B
| $3.63M | ﹤0.01% |
123,566
-9,634
| -7% | -$286K |
|
1228
PhenixFIN
PFX
$88.3M
| $3.62M | ﹤0.01% |
27,000
+4,100
| +18% | +$543K |
|
1229
Core Laboratories
CLB
$571M
| $3.61M | ﹤0.01% |
29,141
-2,614
| -8% | -$316K |
|
|
CXRX
1230
CALL
DELISTED
Concordia International Corp. Common Stock
CXRX
| $3.61M | ﹤0.01% |
167,600
+68,600
| +69% | +$1.81M |
|
|
NCV
1231
Virtus Convertible & Income Fund
NCV
$393M
| $3.6M | ﹤0.01% |
146,250
| – | – |
|
1232
Macerich
MAC
$6.99B
| $3.58M | ﹤0.01% |
41,972
+1,833
| +5% | +$143K |
|
1233
WaFd
WAFD
$2.79B
| $3.57M | ﹤0.01% |
147,319
-10,050
| -6% | -$242K |
|
1234
Harley-Davidson
HOG
$2.7B
| $3.55M | ﹤0.01% |
78,343
+6,757
| +9% | +$311K |
|
1235
PUT
Vale
VALE
$61.4B
| $3.54M | ﹤0.01% |
699,200
+425,000
| +155% | +$1.99M |
|
1236
Middleby
MIDD
$5.38B
| $3.53M | ﹤0.01% |
30,653
-134
| -0.4% | -$15.4K |
|
1237
Nabors Industries
NBR
$1.33B
| $3.53M | ﹤0.01% |
7,023
-3,207
| -31% | -$1.52M |
|
1238
Atmos Energy
ATO
$28.7B
| $3.52M | ﹤0.01% |
43,251
-37
| -0.1% | -$2.74K |
|
1239
First Majestic Silver
AG
$9.26B
| $3.5M | ﹤0.01% |
257,978
-138,339
| -35% | -$1.44M |
|
1240
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $3.5M | ﹤0.01% |
62,563
+12,310
| +24% | +$686K |
|
1241
British American Tobacco
BTI
$124B
| $3.5M | ﹤0.01% |
54,116
-778
| -1% | -$47.1K |
|
|
TIVO
1242
DELISTED
TIVO INC
TIVO
| $3.5M | ﹤0.01% |
353,704
+351,865
| +19,133% | +$3.4M |
|
1243
iShares US Technology ETF
IYW
$25.7B
| $3.49M | ﹤0.01% |
132,476
+6,892
| +5% | +$182K |
|
1244
Myriad Genetics
MYGN
$309M
| $3.48M | ﹤0.01% |
113,852
+5,382
| +5% | +$187K |
|
|
MGLN
1245
DELISTED
Magellan Health Services, Inc.
MGLN
| $3.46M | ﹤0.01% |
52,625
+10,902
| +26% | +$734K |
|
|
MXIM
1246
DELISTED
Maxim Integrated Products
MXIM
| $3.45M | ﹤0.01% |
96,662
-11,709
| -11% | -$430K |
|
|
KG
1247
Kestrel Group
KG
$66.3M
| $3.44M | ﹤0.01% |
14,068
+182
| +1% | +$46.1K |
|
|
WFM
1248
PUT
DELISTED
Whole Foods Market Inc
WFM
| $3.44M | ﹤0.01% |
+107,500
| New | +$3.34M |
|
1249
Customers Bancorp
CUBI
$2.8B
| $3.44M | ﹤0.01% |
136,790
-4,107
| -3% | -$105K |
|
1250
Dorman Products
DORM
$3.95B
| $3.43M | ﹤0.01% |
60,001
+131
| +0.2% | +$7.04K |
|
Similar funds
Bank of Montreal's Q2 2016 Portfolio in Review
As of Q2 2016, Bank of Montreal held 4,663 positions worth $87.4B, down 6.8% from $93.8B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $8.25B in Q2 2016, closing 507 positions and reducing 1,535 holdings. Its most notable exit was PROGRESSIVE WASTE SOLUTIONS LTD COM, an estimated $124M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 22% a quarter earlier, followed by Energy and Communication Services.
Against the trend, Bank of Montreal opened a new position in Brookfield Business Partners worth $9.68M.
- Bank of Montreal's largest Q2 2016 buy was Brookfield Business Partners: 789,763 shares worth $9.68M.
- Bank of Montreal added most to VanEck Gold Miners ETF in Q2 2016, an estimated $316M increase.
- Bank of Montreal's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $292M.
- Bank of Montreal fully exited PROGRESSIVE WASTE SOLUTIONS LTD COM in Q2 2016, selling an estimated $124M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.4B portfolio in Q2 2016.
- Bank of Montreal opened 328 new positions and closed 507 in Q2 2016.
- Bank of Montreal's portfolio value fell 6.8% quarter-over-quarter to $87.4B.
Based on Bank of Montreal's 13F filing for Q2 2016, filed 25 Jul 2016.