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
|
+$475M |
| 2 |
Blackstone
BX
|
+$315M |
| 3 |
AABA
Altaba Inc
AABA
|
+$298M |
| 4 |
SPDR Gold Trust
GLD
|
+$237M |
| 5 |
Eli Lilly
LLY
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$384M |
| 2 |
Merck
MRK
|
+$284M |
| 3 |
Enterprise Products Partners
EPD
|
+$266M |
| 4 |
CTXS
Citrix Systems Inc
CTXS
|
+$261M |
| 5 |
Royal Bank of Canada
RY
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.57% |
| 2 | Technology | 9.64% |
| 3 | Energy | 9.62% |
| 4 | Industrials | 8.33% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DFS
151
DELISTED
Discover Financial Services
DFS
| $166M | 0.14% |
2,154,288
-163,591
| -7% | -$11.3M |
|
152
Abbott
ABT
$188B
| $166M | 0.14% |
2,903,122
+990,866
| +52% | +$54.9M |
|
153
Entergy
ETR
$49.3B
| $163M | 0.14% |
4,002,270
+1,134,260
| +40% | +$47.5M |
|
154
Wheaton Precious Metals
WPM
$60.6B
| $162M | 0.14% |
7,329,637
+638,761
| +10% | +$13.3M |
|
|
MMP
155
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $160M | 0.14% |
2,258,844
+106,636
| +5% | +$7.27M |
|
156
Lockheed Martin
LMT
$139B
| $159M | 0.14% |
496,705
+63,051
| +15% | +$19.9M |
|
157
Plains All American Pipeline
PAA
$16.4B
| $155M | 0.13% |
7,507,421
-726,950
| -9% | -$14.8M |
|
158
Sysco
SYY
$40.1B
| $155M | 0.13% |
2,546,570
-558,433
| -18% | -$31.6M |
|
159
Mondelez International
MDLZ
$78.5B
| $155M | 0.13% |
3,611,842
+1,189,387
| +49% | +$49.9M |
|
160
Starbucks
SBUX
$119B
| $153M | 0.13% |
2,656,037
+198,921
| +8% | +$11.3M |
|
161
General Motors
GM
$77.2B
| $151M | 0.13% |
3,680,265
-4,270,139
| -54% | -$185M |
|
162
Brookfield Renewable
BEP
$9.8B
| $149M | 0.13% |
8,021,824
-2,719
| -0% | -$49.1K |
|
|
RHT
163
DELISTED
Red Hat Inc
RHT
| $149M | 0.13% |
1,242,177
+603,622
| +95% | +$74M |
|
164
Boston Properties
BXP
$10.8B
| $149M | 0.13% |
1,142,341
+189,260
| +20% | +$23.7M |
|
165
Royal Caribbean
RCL
$82.4B
| $148M | 0.13% |
1,241,654
+515,962
| +71% | +$63.8M |
|
166
Gildan
GIL
$10.6B
| $147M | 0.13% |
4,557,804
-2,339,958
| -34% | -$73M |
|
167
ConocoPhillips
COP
$148B
| $147M | 0.13% |
2,680,226
-1,128,195
| -30% | -$58M |
|
168
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $147M | 0.13% |
4,620,421
-72,243
| -2% | -$2.29M |
|
169
SLB Ltd
SLB
$78.9B
| $146M | 0.13% |
2,159,250
-310,787
| -13% | -$20.1M |
|
170
TJX Companies
TJX
$175B
| $145M | 0.13% |
3,790,166
+203,090
| +6% | +$7.36M |
|
171
Adobe
ADBE
$109B
| $143M | 0.12% |
815,305
+284,185
| +54% | +$48.9M |
|
172
Methanex
MEOH
$4.27B
| $142M | 0.12% |
2,350,477
+1,151,192
| +96% | +$60.6M |
|
173
Ford
F
$55.8B
| $140M | 0.12% |
11,232,535
+2,135,976
| +23% | +$26.3M |
|
174
Yum China
YUMC
$16.5B
| $138M | 0.12% |
3,440,839
-1,253
| -0% | -$51.5K |
|
175
Emerson Electric
EMR
$88.5B
| $137M | 0.12% |
1,966,747
+175,678
| +10% | +$11.4M |
|
Similar funds
Bank of Montreal's Q4 2017 Portfolio in Review
As of Q4 2017, Bank of Montreal held 4,524 positions worth $115B, up 5.4% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Bank of Montreal's Q4 2017 filing shows 340 new, 1,586 increased, 1,488 reduced and 306 closed positions. Its largest new stake was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $384M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 27% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q4 2017 buy was Maxar Technologies Inc. Common Stock: 2,074,218 shares worth $133M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $475M increase.
- Bank of Montreal's biggest Q4 2017 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $384M.
- Bank of Montreal fully exited CR Bard Inc. in Q4 2017, selling an estimated $120M.
- Bank of Montreal's ten largest holdings make up 20% of its $115B portfolio in Q4 2017.
- Bank of Montreal opened 340 new positions and closed 306 in Q4 2017.
- Bank of Montreal's portfolio value rose 5.4% quarter-over-quarter to $115B.
Based on Bank of Montreal's 13F filing for Q4 2017, filed 16 Jan 2018.