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 | |
|---|---|---|---|---|---|---|
1626
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $2.22M | ﹤0.01% |
43,615
+5,285
| +14% | +$269K |
|
|
PDCE
1627
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $2.22M | ﹤0.01% |
80,000
+5,900
| +8% | +$177K |
|
|
COWN
1628
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.22M | ﹤0.01% |
143,979
+56,688
| +65% | +$920K |
|
1629
Gladstone Capital
GLAD
$446M
| $2.21M | ﹤0.01% |
113,500
| – | – |
|
1630
BOK Financial
BOKF
$8.88B
| $2.21M | ﹤0.01% |
27,938
+26,308
| +1,614% | +$2.06M |
|
1631
Coty
COTY
$2.51B
| $2.21M | ﹤0.01% |
210,417
-1,581
| -0.7% | -$16.4K |
|
1632
CALL
Adobe
ADBE
$105B
| $2.21M | ﹤0.01% |
8,000
+5,700
| +248% | +$1.66M |
|
1633
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.48B
| $2.2M | ﹤0.01% |
24,632
-114,806
| -82% | -$10.4M |
|
1634
Clene
CLNN
$52.9M
| $2.19M | ﹤0.01% |
10,600
| – | – |
|
1635
Honda
HMC
$41B
| $2.18M | ﹤0.01% |
83,568
-27,832
| -25% | -$702K |
|
1636
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.3B
| $2.18M | ﹤0.01% |
38,896
-781,760
| -95% | -$44M |
|
1637
Factset
FDS
$10.1B
| $2.16M | ﹤0.01% |
8,896
+2,551
| +40% | +$708K |
|
|
TWO
1638
Two Harbors Investment
TWO
$1.27B
| $2.16M | ﹤0.01% |
41,087
-8,275
| -17% | -$436K |
|
1639
Sarepta Therapeutics
SRPT
$1.91B
| $2.15M | ﹤0.01% |
28,575
-29,239
| -51% | -$3.45M |
|
1640
NIO
NIO
$11.3B
| $2.15M | ﹤0.01% |
1,379,273
-1,289,892
| -48% | -$3.95M |
|
|
ATSG
1641
DELISTED
Air Transport Services Group
ATSG
| $2.15M | ﹤0.01% |
102,360
+250
| +0.2% | +$5.46K |
|
1642
CALL
Applied Materials
AMAT
$403B
| $2.15M | ﹤0.01% |
43,100
+22,500
| +109% | +$1.09M |
|
1643
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$55.6M
| $2.15M | ﹤0.01% |
61,381
+622
| +1% | +$20.9K |
|
|
TELL
1644
DELISTED
Tellurian Inc.
TELL
| $2.15M | ﹤0.01% |
258,260
+110,466
| +75% | +$792K |
|
|
DOC
1645
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $2.14M | ﹤0.01% |
120,622
-252,687
| -68% | -$4.39M |
|
1646
Grupo Aeroportuario del Pacifico
PAC
$12.3B
| $2.14M | ﹤0.01% |
22,143
+2,900
| +15% | +$283K |
|
1647
PUT
Boston Scientific
BSX
$75.1B
| $2.14M | ﹤0.01% |
+52,500
| New | +$2.22M |
|
|
RA
1648
Brookfield Real Assets Income Fund
RA
$706M
| $2.14M | ﹤0.01% |
94,555
+150
| +0.2% | +$3.33K |
|
1649
CALL
Cadence Design Systems
CDNS
$89.5B
| $2.13M | ﹤0.01% |
+32,300
| New | +$2.27M |
|
|
NATI
1650
DELISTED
National Instruments Corp
NATI
| $2.13M | ﹤0.01% |
50,809
-321
| -0.6% | -$13.8K |
|
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.