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 |
AABA
Altaba Inc
AABA
|
+$616M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$239M |
| 3 |
DuPont de Nemours
DD
|
+$227M |
| 4 |
AbbVie
ABBV
|
+$223M |
| 5 |
General Motors
GM
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mondelez International
MDLZ
|
+$299M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$284M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$229M |
| 4 |
BP
BP
|
+$216M |
| 5 |
Air Products & Chemicals
APD
|
+$204M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.73% |
| 2 | Energy | 10.69% |
| 3 | Technology | 8.65% |
| 4 | Industrials | 8.51% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MMP
151
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $153M | 0.14% |
2,152,208
+166,737
| +8% | +$11.5M |
|
152
iShares MSCI Emerging Markets ETF
EEM
$29.8B
| $151M | 0.14% |
3,361,527
+878,516
| +35% | +$38.7M |
|
153
Invesco QQQ Trust
QQQ
$479B
| $150M | 0.14% |
1,034,392
+197,806
| +24% | +$28.3M |
|
|
DFS
154
DELISTED
Discover Financial Services
DFS
| $149M | 0.14% |
2,317,879
-40,794
| -2% | -$2.47M |
|
|
ETP
155
DELISTED
Energy Transfer Partners, L.P.
ETP
| $147M | 0.13% |
8,033,949
-4,442,715
| -36% | -$86.2M |
|
156
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $146M | 0.13% |
4,692,664
-323,288
| -6% | -$9.79M |
|
157
Brookfield Renewable
BEP
$9.8B
| $143M | 0.13% |
8,024,543
-361,656
| -4% | -$6.52M |
|
158
3M
MMM
$93.9B
| $141M | 0.13% |
801,345
-69,835
| -8% | -$12.1M |
|
159
Ameriprise Financial
AMP
$49.2B
| $138M | 0.13% |
930,766
+10,618
| +1% | +$1.48M |
|
160
Yum China
YUMC
$16.5B
| $138M | 0.13% |
3,442,092
+794,820
| +30% | +$29.6M |
|
161
iShares Core US Aggregate Bond ETF
AGG
$137B
| $136M | 0.12% |
1,244,503
+545,302
| +78% | +$59.9M |
|
162
Caterpillar
CAT
$385B
| $136M | 0.12% |
1,086,639
+147,822
| +16% | +$17M |
|
163
Lockheed Martin
LMT
$139B
| $135M | 0.12% |
433,654
+65,867
| +18% | +$19.7M |
|
164
iShares Select Dividend ETF
DVY
$23.6B
| $134M | 0.12% |
1,431,542
+128,818
| +10% | +$11.9M |
|
165
TJX Companies
TJX
$175B
| $132M | 0.12% |
3,587,076
+8,300
| +0.2% | +$296K |
|
166
State Street Financial Select Sector SPDR ETF
XLF
$59B
| $132M | 0.12% |
5,107,209
+94,017
| +2% | +$2.35M |
|
167
Starbucks
SBUX
$119B
| $132M | 0.12% |
2,457,116
-850,654
| -26% | -$47.1M |
|
168
Synchrony
SYF
$25.4B
| $132M | 0.12% |
4,237,603
-170,821
| -4% | -$5.11M |
|
169
S&P Global
SPGI
$121B
| $129M | 0.12% |
827,561
+656,664
| +384% | +$99.8M |
|
170
IBM
IBM
$223B
| $129M | 0.12% |
928,963
-53,049
| -5% | -$7.39M |
|
171
Wheaton Precious Metals
WPM
$60.6B
| $128M | 0.12% |
6,690,876
+694,166
| +12% | +$13.7M |
|
172
PG&E
PCG
$37.5B
| $127M | 0.12% |
1,866,249
-1,221,994
| -40% | -$83.7M |
|
|
WBA
173
DELISTED
Walgreens Boots Alliance
WBA
| $126M | 0.12% |
1,633,653
-78,959
| -5% | -$6.33M |
|
|
BCR
174
DELISTED
CR Bard Inc.
BCR
| $120M | 0.11% |
374,198
+280,733
| +300% | +$89.8M |
|
175
PayPal
PYPL
$50.5B
| $119M | 0.11% |
1,857,426
+120,689
| +7% | +$7.23M |
|
Similar funds
Bank of Montreal's Q3 2017 Portfolio in Review
As of Q3 2017, Bank of Montreal held 4,520 positions worth $109B, up 4.7% from $104B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal's Q3 2017 filing shows 258 new, 1,597 increased, 1,464 reduced and 295 closed positions. Its largest new stake was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M. The largest sale was Mondelez International, an estimated $299M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, up from 26% a quarter earlier, followed by Energy and Technology.
- Bank of Montreal's largest Q3 2017 buy was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M.
- Bank of Montreal added most to Altaba Inc in Q3 2017, an estimated $616M increase.
- Bank of Montreal's biggest Q3 2017 reduction was Mondelez International, cutting an estimated $299M.
- Bank of Montreal fully exited Reynolds American Inc in Q3 2017, selling an estimated $229M.
- Bank of Montreal's ten largest holdings make up 21% of its $109B portfolio in Q3 2017.
- Bank of Montreal opened 258 new positions and closed 295 in Q3 2017.
- Bank of Montreal's portfolio value rose 4.7% quarter-over-quarter to $109B.
Based on Bank of Montreal's 13F filing for Q3 2017, filed 16 Oct 2017.