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 | |
|---|---|---|---|---|---|---|---|
1726
MDU Resources
MDU
$3.89B
| $2.62M | ﹤0.01% |
231,732
+107,231
| +86% | +$1.17M |
2013 Q2
26 quarters
|
|
1727
Compañía de Minas Buenaventura
BVN
$8B
| $2.62M | ﹤0.01% |
173,259
+7,138
| +4% | +$106K |
2013 Q2
26 quarters
|
|
|
GWPH
1728
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $2.61M | ﹤0.01% |
25,000
| – | – |
2018 Q3
5 quarters
|
|
|
SILV
1729
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $2.61M | ﹤0.01% |
387,367
-41,600
| -10% | -$246K |
2018 Q3
5 quarters
|
|
1730
CALL
Pan American Silver
PAAS
$18.6B
| $2.61M | ﹤0.01% |
110,000
-19,300
| -15% | -$358K |
2019 Q3
1 quarter
|
|
|
1731
PUT
Pan American Silver
PAAS
$18.6B
| $2.61M | ﹤0.01% |
110,000
| – | – |
2019 Q3
1 quarter
|
|
|
FPF
1732
First Trust Intermediate Duration Preferred & Income Fund
FPF
$957M
| $2.6M | ﹤0.01% |
110,000
+20,000
| +22% | +$476K |
2019 Q1
3 quarters
|
|
1733
Suburban Propane Partners
SPH
$1.09B
| $2.6M | ﹤0.01% |
118,772
+94,265
| +385% | +$2.16M |
2013 Q2
26 quarters
|
|
1734
Spire
SR
$4.52B
| $2.58M | ﹤0.01% |
30,965
+6,544
| +27% | +$536K |
2013 Q2
26 quarters
|
|
|
BMTX
1735
DELISTED
BM Technologies, Inc.
BMTX
| $2.58M | ﹤0.01% |
251,200
| – | – |
2018 Q4
4 quarters
|
|
|
JCP
1736
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $2.58M | ﹤0.01% |
2,299,600
| – | – |
2019 Q2
2 quarters
|
|
|
SVM
1737
Silvercorp Metals
SVM
$2.35B
| $2.56M | ﹤0.01% |
450,790
+43,237
| +11% | +$201K |
2017 Q2
10 quarters
|
|
|
LOAC
1738
DELISTED
Longevity Acquisition Corporation Ordinary Shares
LOAC
| $2.55M | ﹤0.01% |
245,223
| – | – |
2019 Q1
3 quarters
|
|
1739
ING
ING
$97.5B
| $2.55M | ﹤0.01% |
211,797
-54,144
| -20% | -$620K |
2013 Q2
26 quarters
|
|
|
BLDP
1740
Ballard Power Systems
BLDP
$709M
| $2.55M | ﹤0.01% |
355,046
+14,436
| +4% | +$88.1K |
2013 Q2
26 quarters
|
|
1741
Customers Bancorp
CUBI
$2.5B
| $2.52M | ﹤0.01% |
105,769
+101,567
| +2,417% | +$2.33M |
2013 Q4
24 quarters
|
|
|
RA
1742
Brookfield Real Assets Income Fund
RA
$640M
| $2.52M | ﹤0.01% |
117,915
+23,360
| +25% | +$520K |
2018 Q3
5 quarters
|
|
1743
PUT
Bank of America
BAC
$376B
| $2.52M | ﹤0.01% |
+71,400
| New | +$2.31M |
2019 Q4
0 quarters
|
|
1744
WIX.com
WIX
$3.07B
| $2.51M | ﹤0.01% |
20,539
+13,000
| +172% | +$1.59M |
2015 Q4
16 quarters
|
|
1745
Invesco DB Commodity Index Tracking Fund
DBC
$1.94B
| $2.51M | ﹤0.01% |
157,199
-67,440
| -30% | -$1.05M |
2013 Q2
26 quarters
|
|
1746
VICI Properties
VICI
$25B
| $2.51M | ﹤0.01% |
98,148
-6,198
| -6% | -$150K |
2018 Q1
7 quarters
|
|
1747
CALL
Cintas
CTAS
$78.1B
| $2.5M | ﹤0.01% |
+37,200
| New | +$2.45M |
2019 Q4
0 quarters
|
|
1748
PUT
iShares Silver Trust
SLV
$29.6B
| $2.5M | ﹤0.01% |
150,000
| – | – |
2019 Q3
1 quarter
|
|
1749
Chefs' Warehouse
CHEF
$4.59B
| $2.49M | ﹤0.01% |
65,362
+29,825
| +84% | +$1.08M |
2014 Q2
22 quarters
|
|
1750
PTC
PTC
$15.9B
| $2.49M | ﹤0.01% |
33,219
+21,971
| +195% | +$1.56M |
2013 Q2
26 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.