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 | |
|---|---|---|---|---|---|---|
1301
Under Armour Class C
UA
$2.25B
| $4M | ﹤0.01% |
220,438
+148,112
| +205% | +$2.92M |
|
1302
Meritage Homes
MTH
$4.76B
| $3.98M | ﹤0.01% |
113,096
+98,518
| +676% | +$3.08M |
|
|
SEE
1303
DELISTED
Sealed Air
SEE
| $3.97M | ﹤0.01% |
95,654
+15,239
| +19% | +$645K |
|
1304
CBIZ
CBZ
$2.96B
| $3.97M | ﹤0.01% |
168,805
+42,194
| +33% | +$949K |
|
|
NGD
1305
DELISTED
New Gold Inc
NGD
| $3.96M | ﹤0.01% |
3,925,385
-209,371
| -5% | -$255K |
|
1306
Harley-Davidson
HOG
$2.9B
| $3.96M | ﹤0.01% |
110,118
+11,055
| +11% | +$379K |
|
|
WDR
1307
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $3.96M | ﹤0.01% |
230,569
+56,163
| +32% | +$941K |
|
1308
iShares MSCI USA Momentum Factor ETF
MTUM
$26.3B
| $3.95M | ﹤0.01% |
33,122
+4,384
| +15% | +$528K |
|
1309
CALL
Cenovus Energy
CVE
$57.9B
| $3.94M | ﹤0.01% |
+420,100
| New | +$3.81M |
|
1310
iShares 10-20 Year Treasury Bond ETF
TLH
$10.9B
| $3.94M | ﹤0.01% |
26,362
-866
| -3% | -$127K |
|
1311
Old Republic International
ORI
$10.3B
| $3.94M | ﹤0.01% |
166,992
+1,285
| +0.8% | +$29.3K |
|
1312
Uber
UBER
$155B
| $3.92M | ﹤0.01% |
128,767
+107,861
| +516% | +$4.06M |
|
|
RTN
1313
CALL
DELISTED
Raytheon Company
RTN
| $3.92M | ﹤0.01% |
+20,000
| New | +$3.7M |
|
|
FLIR
1314
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $3.89M | ﹤0.01% |
74,036
-6,578
| -8% | -$336K |
|
1315
PUT
SM Energy
SM
$8.14B
| $3.88M | ﹤0.01% |
400,000
| – | – |
|
1316
Insight Enterprises
NSIT
$4.57B
| $3.87M | ﹤0.01% |
69,450
-14,891
| -18% | -$787K |
|
1317
RenaissanceRe
RNR
$13.4B
| $3.86M | ﹤0.01% |
19,950
+2,343
| +13% | +$436K |
|
|
EAD
1318
Allspring Income Opportunities Fund
EAD
$377M
| $3.83M | ﹤0.01% |
465,000
| – | – |
|
1319
AMC Entertainment Holdings
AMC
$2.29B
| $3.83M | ﹤0.01% |
35,749
+35,110
| +5,495% | +$3.82M |
|
|
ZUO
1320
DELISTED
Zuora, Inc.
ZUO
| $3.81M | ﹤0.01% |
253,351
+46,608
| +23% | +$702K |
|
|
RWGE
1321
DELISTED
Regalwood Global Energy Ltd. Class A Ordinary Shares
RWGE
| $3.81M | ﹤0.01% |
369,502
| – | – |
|
1322
Bankunited
BKU
$3.44B
| $3.81M | ﹤0.01% |
113,378
-174,620
| -61% | -$5.7M |
|
1323
Hanover Insurance
THG
$7.77B
| $3.81M | ﹤0.01% |
28,103
+25,696
| +1,068% | +$3.37M |
|
1324
CALL
Wynn Resorts
WYNN
$10.5B
| $3.81M | ﹤0.01% |
+35,000
| New | +$4.17M |
|
|
1325
PUT
Wynn Resorts
WYNN
$10.5B
| $3.81M | ﹤0.01% |
+35,000
| New | +$4.17M |
|
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.