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
|
+$1.51B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$411M |
| 3 |
Microsoft
MSFT
|
+$300M |
| 4 |
Apple
AAPL
|
+$284M |
| 5 |
Visa
V
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$254M |
| 2 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$178M |
| 3 |
Vanguard Dividend Appreciation ETF
VIG
|
+$177M |
| 4 |
Blackstone
BX
|
+$139M |
| 5 |
Exelon
EXC
|
+$126M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.38% |
| 2 | Technology | 11.34% |
| 3 | Miscellaneous | 10.58% |
| 4 | Energy | 8.74% |
| 5 | Communication Services | 8.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1501
AB InBev
BUD
$144B
| $3.87M | ﹤0.01% |
47,139
-6,236
| -12% | -$519K |
2013 Q2
26 quarters
|
|
1502
SK Telecom
SKM
$13.7B
| $3.86M | ﹤0.01% |
101,490
-21,621
| -18% | -$809K |
2013 Q2
26 quarters
|
|
1503
Deutsche Bank
DB
$66B
| $3.86M | ﹤0.01% |
496,091
+20,035
| +4% | +$150K |
2013 Q2
26 quarters
|
|
1504
Woodward
WWD
$19.9B
| $3.84M | ﹤0.01% |
32,405
+3,982
| +14% | +$449K |
2013 Q2
26 quarters
|
|
|
PRFT
1505
DELISTED
Perficient Inc
PRFT
| $3.83M | ﹤0.01% |
83,249
-43,713
| -34% | -$1.78M |
2013 Q2
26 quarters
|
|
1506
Liberty Energy
LBRT
$3.01B
| $3.82M | ﹤0.01% |
343,334
+338,471
| +6,960% | +$3.21M |
2019 Q2
2 quarters
|
|
1507
Pinduoduo
PDD
$109B
| $3.81M | ﹤0.01% |
100,885
-621
| -0.6% | -$23.2K |
2018 Q3
5 quarters
|
|
1508
Johnson Outdoors
JOUT
$466M
| $3.81M | ﹤0.01% |
49,678
+17,131
| +53% | +$1.12M |
2016 Q3
13 quarters
|
|
|
ACB
1509
PUT
Aurora Cannabis
ACB
$247M
| $3.8M | ﹤0.01% |
14,650
-161
| -1% | -$60K |
2019 Q1
3 quarters
|
|
1510
Affiliated Managers Group
AMG
$9.62B
| $3.8M | ﹤0.01% |
44,798
-24,405
| -35% | -$2M |
2013 Q2
26 quarters
|
|
1511
Toro Company
TTC
$9.26B
| $3.8M | ﹤0.01% |
47,662
-7,150
| -13% | -$548K |
2013 Q2
26 quarters
|
|
1512
Alcoa
AA
$11.1B
| $3.79M | ﹤0.01% |
176,427
-8,582
| -5% | -$178K |
2013 Q2
26 quarters
|
|
1513
American Financial Group
AFG
$11.4B
| $3.77M | ﹤0.01% |
34,374
+4,498
| +15% | +$481K |
2013 Q2
26 quarters
|
|
1514
APA Corp
APA
$15.2B
| $3.76M | ﹤0.01% |
146,856
+11,522
| +9% | +$261K |
2013 Q2
26 quarters
|
|
1515
iShares Russell Mid-Cap ETF
IWR
$55.3B
| $3.76M | ﹤0.01% |
63,041
+1,390
| +2% | +$79.8K |
2013 Q2
26 quarters
|
|
1516
Enphase Energy
ENPH
$4.34B
| $3.75M | ﹤0.01% |
143,300
+73,643
| +106% | +$1.68M |
2018 Q2
6 quarters
|
|
1517
State Street Industrial Select Sector SPDR ETF
XLI
$30.3B
| $3.75M | ﹤0.01% |
45,964
+2,906
| +7% | +$232K |
2013 Q2
26 quarters
|
|
1518
NETSCOUT
NTCT
$2.93B
| $3.74M | ﹤0.01% |
155,492
+97,949
| +170% | +$2.32M |
2013 Q2
26 quarters
|
|
1519
Alliance Resource Partners
ARLP
$3.13B
| $3.74M | ﹤0.01% |
345,656
-24,151
| -7% | -$290K |
2017 Q4
8 quarters
|
|
1520
PUT
Royal Caribbean
RCL
$72.2B
| $3.74M | ﹤0.01% |
+28,000
| New | +$3.26M |
2019 Q4
0 quarters
|
|
1521
Champion Homes
SKY
$4.75B
| $3.73M | ﹤0.01% |
117,858
+112,392
| +2,056% | +$3.5M |
2018 Q2
6 quarters
|
|
|
AGR
1522
DELISTED
Avangrid, Inc.
AGR
| $3.73M | ﹤0.01% |
72,938
+16,008
| +28% | +$797K |
2015 Q4
16 quarters
|
|
1523
CTS Corp
CTS
$1.71B
| $3.72M | ﹤0.01% |
124,133
+74,854
| +152% | +$2.17M |
2013 Q2
26 quarters
|
|
1524
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.47B
| $3.72M | ﹤0.01% |
34,533
+6,238
| +22% | +$675K |
2013 Q2
26 quarters
|
|
1525
Harmony Gold Mining
HMY
$11B
| $3.72M | ﹤0.01% |
1,025,323
-24,872
| -2% | -$79.8K |
2016 Q2
14 quarters
|
|
Similar funds
Bank of Montreal's Q4 2019 Portfolio in Review
As of Q4 2019, Bank of Montreal held 5,174 positions worth $133B, up 15% from $116B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal deployed $8.58B of net new capital in Q4 2019, opening 425 new positions and adding to 2,835 existing holdings. Its largest new stake was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 28% a quarter earlier, followed by Technology and Miscellaneous.
On the sell side, the largest reduction was Apollo Global Management, an estimated $254M trimmed.
- Bank of Montreal's largest Q4 2019 buy was Vanguard Long-Term Treasury ETF: 1,035,443 shares worth $86.2M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $1.51B increase.
- Bank of Montreal's biggest Q4 2019 reduction was Apollo Global Management, cutting an estimated $254M.
- Bank of Montreal fully exited Buckeye Partners, L.P. in Q4 2019, selling an estimated $125M.
- Bank of Montreal's ten largest holdings make up 20% of its $133B portfolio in Q4 2019.
- Bank of Montreal opened 425 new positions and closed 298 in Q4 2019.
- Bank of Montreal's portfolio value rose 15% quarter-over-quarter to $133B.
Based on Bank of Montreal's 13F filing for Q4 2019, filed 10 Feb 2020.