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 | |
|---|---|---|---|---|---|---|
1326
CALL
Cigna
CI
$73.8B
| $3.79M | ﹤0.01% |
25,000
| – | – |
|
|
SWN
1327
PUT
DELISTED
Southwestern Energy Company
SWN
| $3.78M | ﹤0.01% |
+1,960,100
| New | +$4.2M |
|
1328
Graham Holdings Company
GHC
$4.98B
| $3.78M | ﹤0.01% |
5,697
+3,444
| +153% | +$2.44M |
|
|
XEC
1329
DELISTED
CIMAREX ENERGY CO
XEC
| $3.77M | ﹤0.01% |
78,649
+21,079
| +37% | +$998K |
|
1330
First Commonwealth Financial
FCF
$2.19B
| $3.75M | ﹤0.01% |
282,583
+167,847
| +146% | +$2.18M |
|
1331
Alcoa
AA
$13.3B
| $3.71M | ﹤0.01% |
185,009
-172,308
| -48% | -$3.58M |
|
|
ZNGA
1332
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $3.7M | ﹤0.01% |
636,062
+604,500
| +1,915% | +$3.64M |
|
1333
Rambus
RMBS
$10.9B
| $3.7M | ﹤0.01% |
281,931
+1,207
| +0.4% | +$15.1K |
|
1334
Axos Financial
AX
$5.8B
| $3.67M | ﹤0.01% |
132,858
+43,975
| +49% | +$1.18M |
|
1335
Liberty Global Class C
LBTYK
$3.52B
| $3.67M | ﹤0.01% |
154,245
-22,896
| -13% | -$596K |
|
1336
PUT
Cummins
CMI
$87.8B
| $3.66M | ﹤0.01% |
22,500
| – | – |
|
1337
Euronet Worldwide
EEFT
$2.73B
| $3.64M | ﹤0.01% |
24,898
+7,501
| +43% | +$1.16M |
|
1338
CALL
National Vision
EYE
$1.49B
| $3.64M | ﹤0.01% |
+151,200
| New | +$4.4M |
|
1339
Essential Utilities
WTRG
$11.4B
| $3.63M | ﹤0.01% |
81,097
+2,008
| +3% | +$86.2K |
|
1340
CALL
Nutrien
NTR
$32.6B
| $3.62M | ﹤0.01% |
72,500
-91,400
| -56% | -$4.66M |
|
|
HA
1341
DELISTED
Hawaiian Holdings, Inc.
HA
| $3.62M | ﹤0.01% |
137,700
+32,721
| +31% | +$859K |
|
1342
CALL
Edwards Lifesciences
EW
$53B
| $3.61M | ﹤0.01% |
+49,200
| New | +$3.46M |
|
|
VEDL
1343
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $3.6M | ﹤0.01% |
415,257
+52,811
| +15% | +$453K |
|
1344
Benchmark Electronics
BHE
$2.95B
| $3.6M | ﹤0.01% |
123,934
+10,839
| +10% | +$290K |
|
1345
Nelnet
NNI
$4.57B
| $3.6M | ﹤0.01% |
56,616
+13,727
| +32% | +$880K |
|
1346
PUT
Twilio
TWLO
$36B
| $3.6M | ﹤0.01% |
32,700
| – | – |
|
1347
PG&E
PCG
$38.4B
| $3.59M | ﹤0.01% |
359,063
-101,045
| -22% | -$1.53M |
|
1348
Deutsche Bank
DB
$72.4B
| $3.57M | ﹤0.01% |
476,056
-11,263
| -2% | -$85.7K |
|
|
GLDD
1349
DELISTED
Great Lakes Dredge & Dock
GLDD
| $3.56M | ﹤0.01% |
341,137
+242,655
| +246% | +$2.56M |
|
|
LMNX
1350
DELISTED
Luminex Corp
LMNX
| $3.56M | ﹤0.01% |
172,304
+90,521
| +111% | +$1.88M |
|
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.