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 |
Alphabet (Google) Class A
GOOGL
|
+$780M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$322M |
| 3 |
PepsiCo
PEP
|
+$204M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$162M |
| 5 |
Intel
INTC
|
+$142M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bausch Health
BHC
|
+$284M |
| 2 |
Archer Daniels Midland
ADM
|
+$235M |
| 3 |
Mondelez International
MDLZ
|
+$222M |
| 4 |
Scotiabank
BNS
|
+$212M |
| 5 |
Manulife Financial
MFC
|
+$196M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.1% |
| 2 | Energy | 7.98% |
| 3 | Communication Services | 7.9% |
| 4 | Healthcare | 7.59% |
| 5 | Technology | 7.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Vanguard FTSE Developed Markets ETF
VEA
$236B
| $90.5M | 0.11% |
2,463,502
+1,516,165
| +160% | +$56.9M |
|
152
Becton Dickinson
BDX
$49.4B
| $89.3M | 0.11% |
593,798
+122,536
| +26% | +$17.6M |
|
153
Descartes Systems
DSGX
$6.78B
| $88.1M | 0.11% |
4,388,050
-908,464
| -17% | -$17M |
|
154
iShares MSCI EAFE Growth ETF
EFG
$17.3B
| $87.3M | 0.1% |
1,300,111
+552,603
| +74% | +$37.4M |
|
155
Accenture
ACN
$110B
| $86.9M | 0.1% |
831,514
-19,527
| -2% | -$2.06M |
|
|
SEE
156
DELISTED
Sealed Air
SEE
| $86.2M | 0.1% |
1,932,604
+1,455,151
| +305% | +$67.4M |
|
157
Carnival Corporation Ltd
CCL
$38B
| $83.2M | 0.1% |
1,527,051
+209,489
| +16% | +$10.8M |
|
158
Vanguard Real Estate ETF
VNQ
$38.3B
| $83M | 0.1% |
1,040,753
+10,148
| +1% | +$803K |
|
159
Macy's
M
$6.45B
| $83M | 0.1% |
2,371,667
-1,114,070
| -32% | -$48.3M |
|
|
BBBY
160
DELISTED
Bed Bath & Beyond Inc
BBBY
| $82.8M | 0.1% |
1,715,557
-385,513
| -18% | -$21.4M |
|
161
Agnico Eagle Mines
AEM
$92B
| $82.5M | 0.1% |
3,139,088
-409,986
| -12% | -$11.2M |
|
162
Jacobs Solutions
J
$17.3B
| $82.3M | 0.1% |
2,370,962
+460,272
| +24% | +$15.8M |
|
163
Abbott
ABT
$190B
| $82.2M | 0.1% |
1,829,544
-269,716
| -13% | -$11.9M |
|
164
Eli Lilly
LLY
$1.08T
| $81M | 0.1% |
960,811
+141,723
| +17% | +$11.8M |
|
165
McKesson
MCK
$105B
| $80.9M | 0.1% |
410,119
+21,223
| +5% | +$4.01M |
|
166
AbbVie
ABBV
$442B
| $80M | 0.1% |
1,350,497
+18,939
| +1% | +$1.09M |
|
167
Invesco Preferred ETF
PGX
$3.76B
| $79M | 0.09% |
5,282,904
+251,386
| +5% | +$3.71M |
|
168
Huntington Bancshares
HBAN
$35.9B
| $78.8M | 0.09% |
7,120,683
-2,467,680
| -26% | -$27.6M |
|
|
BIN
169
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $78.3M | 0.09% |
3,323,146
-448,973
| -12% | -$10.7M |
|
170
Invesco QQQ Trust
QQQ
$478B
| $77.4M | 0.09% |
691,652
-351,188
| -34% | -$39.2M |
|
171
Vanguard Morningstar Small-Cap ETF
VB
$82.8B
| $77M | 0.09% |
695,682
-3,106
| -0.4% | -$352K |
|
172
PayPal
PYPL
$50.5B
| $76.8M | 0.09% |
2,120,172
-16,232
| -0.8% | -$573K |
|
173
KKR & Co
KKR
$99.6B
| $76.5M | 0.09% |
4,907,351
+2,020,423
| +70% | +$34.5M |
|
174
Nike
NKE
$61.3B
| $76.2M | 0.09% |
1,219,556
-174,336
| -13% | -$11.2M |
|
175
Johnson Controls International
JCI
$93.7B
| $75.6M | 0.09% |
1,829,104
-79,053
| -4% | -$3.58M |
|
Similar funds
Bank of Montreal's Q4 2015 Portfolio in Review
As of Q4 2015, Bank of Montreal held 4,720 positions worth $83.8B, up 16% from $72.4B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Bank of Montreal deployed $10.7B of net new capital in Q4 2015, opening 583 new positions and adding to 1,997 existing holdings. Its largest new stake was Alphabet (Google) Class A: 21,085,700 shares worth $820M.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 28% a quarter earlier, followed by Energy and Communication Services.
On the sell side, the largest reduction was Bausch Health, an estimated $284M trimmed.
- Bank of Montreal's largest Q4 2015 buy was Alphabet (Google) Class A: 21,085,700 shares worth $820M.
- Bank of Montreal added most to Alphabet (Google) Class C in Q4 2015, an estimated $322M increase.
- Bank of Montreal's biggest Q4 2015 reduction was Bausch Health, cutting an estimated $284M.
- Bank of Montreal fully exited MARKWEST ENERGY PARTNERS, LP in Q4 2015, selling an estimated $67.7M.
- Bank of Montreal's ten largest holdings make up 29% of its $83.8B portfolio in Q4 2015.
- Bank of Montreal opened 583 new positions and closed 373 in Q4 2015.
- Bank of Montreal's portfolio value rose 16% quarter-over-quarter to $83.8B.
Based on Bank of Montreal's 13F filing for Q4 2015, filed 9 Feb 2016.