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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$475M |
| 2 |
Blackstone
BX
|
+$315M |
| 3 |
AABA
Altaba Inc
AABA
|
+$298M |
| 4 |
SPDR Gold Trust
GLD
|
+$237M |
| 5 |
Eli Lilly
LLY
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$384M |
| 2 |
Merck
MRK
|
+$284M |
| 3 |
Enterprise Products Partners
EPD
|
+$266M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
+$261M |
| 5 |
Royal Bank of Canada
RY
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.57% |
| 2 | Technology | 9.64% |
| 3 | Energy | 9.62% |
| 4 | Industrials | 8.33% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
MPLX
MPLX
$59.5B
| $194M | 0.17% |
5,469,595
-1,019,608
| -16% | -$35.9M |
|
127
American International
AIG
$40.7B
| $193M | 0.17% |
3,234,392
-555,510
| -15% | -$34.1M |
|
128
iShares MSCI Emerging Markets ETF
EEM
$29.8B
| $188M | 0.16% |
4,000,199
+638,672
| +19% | +$29.6M |
|
129
CALL
Meta Platforms (Facebook)
META
$1.52T
| $188M | 0.16% |
+1,064,800
| New | +$188M |
|
130
Accenture
ACN
$109B
| $188M | 0.16% |
1,227,145
+87,665
| +8% | +$12.7M |
|
131
Walt Disney
DIS
$178B
| $186M | 0.16% |
1,734,537
-57,258
| -3% | -$5.9M |
|
132
Gilead Sciences
GILD
$165B
| $183M | 0.16% |
2,559,990
+479,647
| +23% | +$36.4M |
|
133
Travel + Leisure Co
TNL
$4.5B
| $183M | 0.16% |
3,491,693
-61,639
| -2% | -$3.06M |
|
134
F5
FFIV
$23.2B
| $183M | 0.16% |
1,390,822
-12,189
| -0.9% | -$1.51M |
|
|
ALXN
135
DELISTED
Alexion Pharmaceuticals
ALXN
| $182M | 0.16% |
1,521,834
+268,053
| +21% | +$32.6M |
|
136
Cadence Design Systems
CDNS
$91.4B
| $181M | 0.16% |
4,330,539
-282,245
| -6% | -$12.1M |
|
137
Progressive
PGR
$124B
| $181M | 0.16% |
3,206,707
-79,126
| -2% | -$4.09M |
|
138
Qualcomm
QCOM
$170B
| $180M | 0.16% |
2,815,179
+860,836
| +44% | +$52.2M |
|
139
Prudential Financial
PRU
$42.1B
| $178M | 0.16% |
1,551,788
+72,507
| +5% | +$8.14M |
|
140
Ovintiv
OVV
$17.6B
| $178M | 0.15% |
2,675,813
-325,949
| -11% | -$19.2M |
|
141
Vermilion Energy
VET
$1.75B
| $178M | 0.15% |
4,889,391
-368,236
| -7% | -$12.8M |
|
142
Invesco QQQ Trust
QQQ
$479B
| $177M | 0.15% |
1,138,940
+104,548
| +10% | +$16M |
|
143
Altria Group
MO
$109B
| $175M | 0.15% |
2,454,349
-23,340
| -0.9% | -$1.56M |
|
144
US Bancorp
USB
$100B
| $174M | 0.15% |
3,251,475
-2,202,269
| -40% | -$119M |
|
|
GG
145
DELISTED
Goldcorp Inc
GG
| $172M | 0.15% |
13,497,180
-199,248
| -1% | -$2.58M |
|
146
Agnico Eagle Mines
AEM
$91.4B
| $170M | 0.15% |
3,684,422
+53,303
| +1% | +$2.38M |
|
147
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $170M | 0.15% |
4,465,715
-239,605
| -5% | -$8.86M |
|
148
Imperial Oil
IMO
$62.3B
| $169M | 0.15% |
5,407,018
-404,651
| -7% | -$12.6M |
|
149
iShares Russell 2000 ETF
IWM
$81.5B
| $168M | 0.15% |
1,102,889
-118,296
| -10% | -$17.8M |
|
|
SPR
150
DELISTED
Spirit AeroSystems
SPR
| $168M | 0.15% |
1,920,499
-169,119
| -8% | -$13.9M |
|
Similar funds
Bank of Montreal's Q4 2017 Portfolio in Review
As of Q4 2017, Bank of Montreal held 4,524 positions worth $115B, up 5.4% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal's Q4 2017 filing shows 340 new, 1,586 increased, 1,488 reduced and 306 closed positions. Its largest new stake was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $384M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 27% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q4 2017 buy was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $475M increase.
- Bank of Montreal's biggest Q4 2017 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $384M.
- Bank of Montreal fully exited CR Bard Inc. in Q4 2017, selling an estimated $120M.
- Bank of Montreal's ten largest holdings make up 20% of its $115B portfolio in Q4 2017.
- Bank of Montreal opened 340 new positions and closed 306 in Q4 2017.
- Bank of Montreal's portfolio value rose 5.4% quarter-over-quarter to $115B.
Based on Bank of Montreal's 13F filing for Q4 2017, filed 16 Jan 2018.