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 | 27.57% |
| 2 | Technology | 10.16% |
| 3 | Energy | 9.49% |
| 4 | Industrials | 8.49% |
| 5 | Communication Services | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LSI
1226
DELISTED
Life Storage, Inc.
LSI
| $4.82M | ﹤0.01% |
68,526
+29,172
| +74% | +$1.98M |
|
1227
Baytex Energy
BTE
$3B
| $4.8M | ﹤0.01% |
3,243,619
+253,710
| +8% | +$364K |
|
|
TGP
1228
DELISTED
Teekay LNG Partners L.P.
TGP
| $4.79M | ﹤0.01% |
351,170
+109,900
| +46% | +$1.64M |
|
1229
Gold Fields
GFI
$35.4B
| $4.79M | ﹤0.01% |
973,126
+197,957
| +26% | +$1.08M |
|
1230
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $4.79M | ﹤0.01% |
920,207
-192,972
| -17% | -$990K |
|
1231
Invesco Preferred ETF
PGX
$3.77B
| $4.78M | ﹤0.01% |
317,940
-3,515,483
| -92% | -$52.3M |
|
1232
Alnylam Pharmaceuticals
ALNY
$30.4B
| $4.77M | ﹤0.01% |
59,347
+693
| +1% | +$54.8K |
|
1233
Sanofi
SNY
$105B
| $4.77M | ﹤0.01% |
102,984
-232,087
| -69% | -$10M |
|
1234
Vanguard Information Technology ETF
VGT
$151B
| $4.77M | ﹤0.01% |
177,064
-131,928
| -43% | -$3.55M |
|
|
CYBR
1235
DELISTED
CyberArk
CYBR
| $4.74M | ﹤0.01% |
47,470
+13,697
| +41% | +$1.65M |
|
1236
PUT
Nike
NKE
$61.2B
| $4.7M | ﹤0.01% |
50,000
-105,100
| -68% | -$9.01M |
|
1237
CALL
United Rentals
URI
$70.3B
| $4.69M | ﹤0.01% |
+37,600
| New | +$4.56M |
|
1238
iShares MSCI USA Value Factor ETF
VLUE
$9.72B
| $4.68M | ﹤0.01% |
57,010
+1,550
| +3% | +$126K |
|
1239
CALL
Shopify
SHOP
$204B
| $4.67M | ﹤0.01% |
150,000
-75,000
| -33% | -$2.57M |
|
1240
SiriusXM
SIRI
$9.43B
| $4.67M | ﹤0.01% |
74,755
+4,311
| +6% | +$265K |
|
1241
NMI Holdings
NMIH
$3.38B
| $4.67M | ﹤0.01% |
177,690
+40,745
| +30% | +$1.11M |
|
1242
Watts Water Technologies
WTS
$12.9B
| $4.66M | ﹤0.01% |
49,757
+26,082
| +110% | +$2.42M |
|
1243
CALL
Arista Networks
ANET
$257B
| $4.66M | ﹤0.01% |
312,000
-8,000
| -3% | -$124K |
|
1244
Alliant Energy
LNT
$18.2B
| $4.65M | ﹤0.01% |
86,263
-1,243
| -1% | -$63.8K |
|
1245
CALL
Teradata
TDC
$2.57B
| $4.65M | ﹤0.01% |
150,000
| – | – |
|
1246
America Movil
AMX
$69.7B
| $4.61M | ﹤0.01% |
309,905
+147,837
| +91% | +$2.12M |
|
1247
iShares Biotechnology ETF
IBB
$9.77B
| $4.6M | ﹤0.01% |
46,243
-6,112
| -12% | -$640K |
|
1248
CALL
International Paper
IP
$21.8B
| $4.6M | ﹤0.01% |
116,160
-141,187
| -55% | -$5.52M |
|
1249
PUT
Alibaba
BABA
$293B
| $4.6M | ﹤0.01% |
27,500
-22,500
| -45% | -$3.87M |
|
1250
Navient
NAVI
$867M
| $4.59M | ﹤0.01% |
358,928
-20,660
| -5% | -$275K |
|
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.