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 |
Chevron
CVX
|
+$267M |
| 2 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$235M |
| 3 |
AABA
Altaba Inc
AABA
|
+$207M |
| 4 |
WCN
Waste Connections
WCN
|
+$192M |
| 5 |
Blackstone
BX
|
+$187M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$761M |
| 2 |
Royal Bank of Canada
RY
|
+$340M |
| 3 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$298M |
| 4 |
EOG Resources
EOG
|
+$262M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.01% |
| 2 | Energy | 10.73% |
| 3 | Industrials | 8.34% |
| 4 | Communication Services | 7.9% |
| 5 | Technology | 7.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
WaFd
WAFD
$2.78B
| $3.71M | ﹤0.01% |
111,728
-13,404
| -11% | -$444K |
|
1302
Barings BDC
BBDC
$964M
| $3.7M | ﹤0.01% |
210,000
| – | – |
|
1303
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.17B
| $3.7M | ﹤0.01% |
75,940
+4,299
| +6% | +$209K |
|
1304
CALL
ArcelorMittal
MT
$56.1B
| $3.69M | ﹤0.01% |
+162,500
| New | +$3.64M |
|
|
1305
PUT
ArcelorMittal
MT
$56.1B
| $3.69M | ﹤0.01% |
+162,500
| New | +$3.64M |
|
|
AIV
1306
Aimco
AIV
$378M
| $3.69M | ﹤0.01% |
645,112
-1,861,943
| -74% | -$10.9M |
|
1307
Spectrum Brands
SPB
$1.99B
| $3.68M | ﹤0.01% |
29,438
+17,764
| +152% | +$2.38M |
|
1308
Nuveen Credit Strategies Income Fund
JQC
$717M
| $3.66M | ﹤0.01% |
425,000
+423,500
| +28,233% | +$3.69M |
|
1309
PUT
British American Tobacco
BTI
$121B
| $3.63M | ﹤0.01% |
+53,000
| New | +$3.68M |
|
|
SVM
1310
Silvercorp Metals
SVM
$2.72B
| $3.63M | ﹤0.01% |
+1,130,367
| New | +$3.44M |
|
|
GOLD
1311
DELISTED
Randgold Resources Ltd
GOLD
| $3.62M | ﹤0.01% |
40,972
-6,854
| -14% | -$627K |
|
|
ISBC
1312
DELISTED
Investors Bancorp, Inc.
ISBC
| $3.62M | ﹤0.01% |
270,566
-32,001
| -11% | -$438K |
|
|
SAVE
1313
DELISTED
Spirit Airlines, Inc.
SAVE
| $3.61M | ﹤0.01% |
69,933
-1,495
| -2% | -$81.8K |
|
|
CS
1314
DELISTED
Credit Suisse Group
CS
| $3.61M | ﹤0.01% |
247,254
+141,965
| +135% | +$2.05M |
|
1315
Sanmina
SANM
$11.5B
| $3.61M | ﹤0.01% |
94,742
-54,550
| -37% | -$2.07M |
|
1316
PUT
Apple
AAPL
$4.4T
| $3.6M | ﹤0.01% |
+100,000
| New | +$3.7M |
|
|
SEE
1317
DELISTED
Sealed Air
SEE
| $3.6M | ﹤0.01% |
80,453
+5,522
| +7% | +$244K |
|
1318
iShares US Financial Services ETF
IYG
$2.22B
| $3.6M | ﹤0.01% |
95,250
+12,057
| +14% | +$438K |
|
1319
Brixmor Property Group
BRX
$9.09B
| $3.6M | ﹤0.01% |
201,233
+168,389
| +513% | +$3.26M |
|
|
HES
1320
PUT
DELISTED
Hess
HES
| $3.58M | ﹤0.01% |
81,500
| – | – |
|
|
ARD
1321
DELISTED
Ardagh Group S.A. Class A Common Shares
ARD
| $3.57M | ﹤0.01% |
+158,000
| New | +$3.49M |
|
1322
Vanguard Information Technology ETF
VGT
$149B
| $3.57M | ﹤0.01% |
202,688
+26,752
| +15% | +$471K |
|
1323
Coherent
COHR
$69.2B
| $3.56M | ﹤0.01% |
103,784
-24,062
| -19% | -$779K |
|
1324
First Industrial Realty Trust
FR
$8.37B
| $3.55M | ﹤0.01% |
124,083
+9,645
| +8% | +$275K |
|
|
AOD
1325
abrdn Total Dynamic Dividend Fund
AOD
$1.13B
| $3.55M | ﹤0.01% |
408,000
| – | – |
|
Similar funds
Bank of Montreal's Q2 2017 Portfolio in Review
As of Q2 2017, Bank of Montreal held 4,472 positions worth $104B, down 1.2% from $106B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $3.22B in Q2 2017, closing 256 positions and reducing 1,448 holdings. Its most notable exit was Energy Transfer Partners L.p., an estimated $298M position sold in full.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Energy and Industrials.
Against the trend, Bank of Montreal opened a new position in Altaba Inc worth $207M.
- Bank of Montreal's largest Q2 2017 buy was Altaba Inc: 3,800,131 shares worth $207M.
- Bank of Montreal added most to Chevron in Q2 2017, an estimated $267M increase.
- Bank of Montreal's biggest Q2 2017 reduction was Toronto Dominion Bank, cutting an estimated $761M.
- Bank of Montreal fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $298M.
- Bank of Montreal's ten largest holdings make up 21% of its $104B portfolio in Q2 2017.
- Bank of Montreal opened 460 new positions and closed 256 in Q2 2017.
- Bank of Montreal's portfolio value fell 1.2% quarter-over-quarter to $104B.
Based on Bank of Montreal's 13F filing for Q2 2017, filed 11 Jul 2017.