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 | |
|---|---|---|---|---|---|---|
|
GHY
1401
PGIM Global High Yield Fund
GHY
$479M
| $3.22M | ﹤0.01% |
224,000
| – | – |
|
|
JKS
1402
JinkoSolar
JKS
$868M
| $3.21M | ﹤0.01% |
201,084
+18,064
| +10% | +$363K |
|
|
ID
1403
DELISTED
PARTS iD, Inc.
ID
| $3.19M | ﹤0.01% |
312,499
-255,101
| -45% | -$2.59M |
|
|
AVYA
1404
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $3.17M | ﹤0.01% |
310,190
-40,727
| -12% | -$478K |
|
1405
Hecla Mining
HL
$12.5B
| $3.17M | ﹤0.01% |
1,799,415
+754,680
| +72% | +$1.36M |
|
1406
KB Financial Group
KB
$42B
| $3.16M | ﹤0.01% |
88,591
+25,254
| +40% | +$890K |
|
|
NGHC
1407
DELISTED
National General Holdings Corp
NGHC
| $3.16M | ﹤0.01% |
137,145
+56,017
| +69% | +$1.32M |
|
1408
Louisiana-Pacific
LPX
$5.16B
| $3.15M | ﹤0.01% |
127,980
-529,106
| -81% | -$13M |
|
1409
KKR & Co
KKR
$103B
| $3.14M | ﹤0.01% |
117,124
-412,553
| -78% | -$10.9M |
|
1410
BlackRock Multi-Sector Income Trust
BIT
$695M
| $3.14M | ﹤0.01% |
183,000
| – | – |
|
|
GTY
1411
Getty Realty Corp
GTY
$2.07B
| $3.13M | ﹤0.01% |
97,761
+8,333
| +9% | +$258K |
|
1412
Targa Resources
TRGP
$58.9B
| $3.13M | ﹤0.01% |
77,969
+5,043
| +7% | +$193K |
|
1413
Preferred Bank
PFBC
$1.28B
| $3.13M | ﹤0.01% |
59,733
+56,136
| +1,561% | +$2.86M |
|
1414
ManpowerGroup
MAN
$2.74B
| $3.13M | ﹤0.01% |
37,130
-263
| -0.7% | -$22.9K |
|
1415
CALL
TransAlta
TAC
$4.04B
| $3.12M | ﹤0.01% |
480,000
-520,000
| -52% | -$3.3M |
|
1416
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.68B
| $3.12M | ﹤0.01% |
59,000
+4,000
| +7% | +$209K |
|
1417
ICL Group
ICL
$7.2B
| $3.1M | ﹤0.01% |
618,512
-100,375
| -14% | -$500K |
|
1418
CALL
Cheniere Energy
CQP
$33.3B
| $3.09M | ﹤0.01% |
+68,000
| New | +$3.02M |
|
|
BFYT
1419
CALL
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $3.09M | ﹤0.01% |
123,900
+88,900
| +254% | +$1.87M |
|
1420
Black Stone Minerals
BSM
$3.07B
| $3.09M | ﹤0.01% |
216,800
+83,572
| +63% | +$1.23M |
|
1421
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.48B
| $3.08M | ﹤0.01% |
28,295
+1,587
| +6% | +$172K |
|
1422
CubeSmart
CUBE
$9.41B
| $3.08M | ﹤0.01% |
88,289
-86,744
| -50% | -$3.03M |
|
1423
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $3.07M | ﹤0.01% |
64,877
-34,726
| -35% | -$1.62M |
|
|
MTSC
1424
DELISTED
MTS Systems Corp
MTSC
| $3.07M | ﹤0.01% |
55,544
+53,651
| +2,834% | +$3.07M |
|
1425
Woodward
WWD
$21.6B
| $3.07M | ﹤0.01% |
28,423
+19,635
| +223% | +$2.16M |
|
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.