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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.65% |
| 2 | Technology | 12.03% |
| 3 | Miscellaneous | 11.59% |
| 4 | Healthcare | 8.72% |
| 5 | Industrials | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1476
Wipro
WIT
$17.4B
| $1.78M | ﹤0.01% |
1,175,802
-1,900,752
| -62% | -$3.34M |
2013 Q2
27 quarters
|
|
|
APLS
1477
DELISTED
Apellis Pharmaceuticals
APLS
| $1.76M | ﹤0.01% |
67,500
-62,768
| -48% | -$2.23M |
2019 Q2
3 quarters
|
|
1478
CALL
Qualcomm
QCOM
$194B
| $1.76M | ﹤0.01% |
25,900
+17,900
| +224% | +$1.47M |
2019 Q1
4 quarters
|
|
1479
Mueller Water Products
MWA
$3.36B
| $1.76M | ﹤0.01% |
232,823
-21,359
| -8% | -$235K |
2019 Q2
3 quarters
|
|
1480
AGF US Market Neutral Anti-Beta Fund
BTAL
$319M
| $1.75M | ﹤0.01% |
67,743
+30,623
| +82% | +$729K |
2019 Q3
2 quarters
|
|
1481
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$42.6B
| $1.75M | ﹤0.01% |
+20,000
| New | +$1.94M |
2020 Q1
0 quarters
|
|
1482
Capri Holdings
CPRI
$1.65B
| $1.75M | ﹤0.01% |
214,817
+51,660
| +32% | +$1.36M |
2013 Q2
27 quarters
|
|
1483
Affiliated Managers Group
AMG
$9.62B
| $1.73M | ﹤0.01% |
30,507
-14,291
| -32% | -$1.07M |
2013 Q2
27 quarters
|
|
1484
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.2B
| $1.73M | ﹤0.01% |
+13,000
| New | +$1.68M |
2020 Q1
0 quarters
|
|
|
PNNT
1485
Pennant Park Investment Corp
PNNT
$217M
| $1.73M | ﹤0.01% |
713,001
| – | – |
2015 Q4
17 quarters
|
|
1486
Amphastar Pharmaceuticals
AMPH
$1.08B
| $1.72M | ﹤0.01% |
116,732
-5,342
| -4% | -$92.9K |
2014 Q3
22 quarters
|
|
1487
CALL
Valero Energy
VLO
$118B
| $1.72M | ﹤0.01% |
+41,500
| New | +$3.01M |
2020 Q1
0 quarters
|
|
|
XYZ
1488
CALL
Block Inc
XYZ
$44.5B
| $1.72M | ﹤0.01% |
37,500
| – | – |
2019 Q1
4 quarters
|
|
1489
Twilio
TWLO
$46.3B
| $1.72M | ﹤0.01% |
20,636
-186,471
| -90% | -$20.5M |
2016 Q3
14 quarters
|
|
1490
State Street DoubleLine Total Return Tactical ETF
TOTL
$3.76B
| $1.72M | ﹤0.01% |
35,906
+11,250
| +46% | +$552K |
2016 Q2
15 quarters
|
|
1491
Sanofi
SNY
$97.5B
| $1.7M | ﹤0.01% |
39,023
-67,383
| -63% | -$3.22M |
2013 Q2
27 quarters
|
|
1492
Invesco Ultra Short Duration ETF
GSY
$4.09B
| $1.7M | ﹤0.01% |
+34,303
| New | +$1.72M |
2020 Q1
0 quarters
|
|
|
SA
1493
Seabridge Gold
SA
$2.94B
| $1.69M | ﹤0.01% |
179,399
-12,413
| -6% | -$147K |
2013 Q2
27 quarters
|
|
1494
PUT
NVIDIA
NVDA
$5.57T
| $1.69M | ﹤0.01% |
264,000
-4,596,000
| -95% | -$29M |
2019 Q3
2 quarters
|
|
1495
iShares Expanded Tech Sector ETF
IGM
$11.5B
| $1.68M | ﹤0.01% |
49,164
+10,806
| +28% | +$433K |
2013 Q2
27 quarters
|
|
1496
CALL
Texas Instruments
TXN
$257B
| $1.68M | ﹤0.01% |
16,500
-600
| -4% | -$72K |
2019 Q2
3 quarters
|
|
1497
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$43.8B
| $1.68M | ﹤0.01% |
10,000
| – | – |
2019 Q2
3 quarters
|
|
1498
TechnipFMC
FTI
$27B
| $1.68M | ﹤0.01% |
299,368
-328,600
| -52% | -$3.61M |
2013 Q2
27 quarters
|
|
1499
Sabra Healthcare REIT
SBRA
$4.9B
| $1.67M | ﹤0.01% |
187,934
-48,901
| -21% | -$902K |
2013 Q2
27 quarters
|
|
1500
CALL
RPC Inc
RES
$1.27B
| $1.67M | ﹤0.01% |
822,500
| – | – |
2019 Q4
1 quarter
|
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $15.3B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Miscellaneous.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.