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 |
Pfizer
PFE
|
+$219M |
| 2 |
Canadian National Railway
CNI
|
+$202M |
| 3 |
Mondelez International
MDLZ
|
+$154M |
| 4 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$152M |
| 5 |
Boeing
BA
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
+$532M |
| 2 |
Apple
AAPL
|
+$513M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$260M |
| 4 |
Medtronic
MDT
|
+$240M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$238M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 28.03% |
| 2 | Miscellaneous | 11.24% |
| 3 | Energy | 9.75% |
| 4 | Healthcare | 9.48% |
| 5 | Technology | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1801
EXL Service
EXLS
$5.53B
| $563K | ﹤0.01% |
76,295
-26,455
| -26% | -$196K |
2013 Q2
9 quarters
|
|
1802
Gibraltar Industries
ROCK
$1.18B
| $563K | ﹤0.01% |
30,703
+22,359
| +268% | +$410K |
2013 Q2
9 quarters
|
|
1803
Cato Corp
CATO
$47.6M
| $560K | ﹤0.01% |
16,464
-1,958
| -11% | -$71.3K |
2013 Q2
9 quarters
|
|
|
HOS
1804
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $560K | ﹤0.01% |
41,418
-5,482
| -12% | -$97.2K |
2013 Q2
9 quarters
|
|
|
PWE
1805
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $560K | ﹤0.01% |
1,243,567
-398,833
| -24% | -$390K |
2013 Q2
9 quarters
|
|
1806
Aegon
AEG
$12.6B
| $559K | ﹤0.01% |
135,358
+9,861
| +8% | +$47.7K |
2013 Q2
9 quarters
|
|
1807
First Business Financial Services
FBIZ
$582M
| $559K | ﹤0.01% |
23,756
| – | – |
2013 Q2
9 quarters
|
|
|
ABB
1808
DELISTED
ABB Ltd
ABB
| $559K | ﹤0.01% |
31,626
-948
| -3% | -$18.5K |
2013 Q2
9 quarters
|
|
|
PDLI
1809
DELISTED
PDL BioPharma, Inc.
PDLI
| $555K | ﹤0.01% |
110,284
-2,834,957
| -96% | -$16.2M |
2013 Q2
9 quarters
|
|
1810
Wabash National
WNC
$508M
| $553K | ﹤0.01% |
52,252
-3,424
| -6% | -$42.1K |
2013 Q2
9 quarters
|
|
|
JO
1811
CALL
DELISTED
iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038
JO
| $553K | ﹤0.01% |
28,100
-27,900
| -50% | -$573K |
2015 Q2
1 quarter
|
|
|
SPLK
1812
DELISTED
Splunk Inc
SPLK
| $549K | ﹤0.01% |
9,916
+814
| +9% | +$53.2K |
2013 Q2
9 quarters
|
|
1813
CALL
iShares MSCI Turkey ETF
TUR
$170M
| $548K | ﹤0.01% |
+15,000
| New | +$600K |
2015 Q3
0 quarters
|
|
|
1814
PUT
iShares MSCI Turkey ETF
TUR
$170M
| $548K | ﹤0.01% |
+15,000
| New | +$600K |
2015 Q3
0 quarters
|
|
|
TMH
1815
DELISTED
Team Health Holdings Inc
TMH
| $546K | ﹤0.01% |
10,110
-830
| -8% | -$51.9K |
2013 Q4
7 quarters
|
|
|
CSH
1816
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $545K | ﹤0.01% |
19,506
-3,659
| -16% | -$97.9K |
2013 Q2
9 quarters
|
|
1817
Popular Inc
BPOP
$9.98B
| $544K | ﹤0.01% |
17,995
| – | – |
2013 Q2
9 quarters
|
|
1818
VanEck IG Floating Rate ETF
FLTR
$3.32B
| $544K | ﹤0.01% |
22,003
-2,001
| -8% | -$49.7K |
2013 Q2
9 quarters
|
|
|
NEPT
1819
DELISTED
Neptune Wellness Solutions Inc. Ordinary Shares
NEPT
| $544K | ﹤0.01% |
353
-56
| -14% | -$103K |
2013 Q3
8 quarters
|
|
1820
PRA Group
PRAA
$710M
| $543K | ﹤0.01% |
10,269
+570
| +6% | +$33.1K |
2013 Q2
9 quarters
|
|
1821
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.3B
| $542K | ﹤0.01% |
5,410
| – | – |
2013 Q2
9 quarters
|
|
1822
Central Pacific Financial
CPF
$929M
| $539K | ﹤0.01% |
25,738
+2,080
| +9% | +$45.8K |
2014 Q2
5 quarters
|
|
|
GNCMA
1823
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $537K | ﹤0.01% |
31,098
+6,428
| +26% | +$113K |
2013 Q2
9 quarters
|
|
|
DDC
1824
CALL
DELISTED
Dominion Diamond Corporation
DDC
| $534K | ﹤0.01% |
+50,000
| New | +$604K |
2015 Q3
0 quarters
|
|
|
SWIR
1825
DELISTED
Sierra Wireless
SWIR
| $532K | ﹤0.01% |
25,188
-1,987
| -7% | -$46K |
2013 Q2
9 quarters
|
|
Similar funds
Bank of Montreal's Q3 2015 Portfolio in Review
As of Q3 2015, Bank of Montreal held 4,426 positions worth $72.4B, down 15% from $85.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal withdrew a net $5.52B in Q3 2015, closing 296 positions and reducing 1,697 holdings. Its most notable exit was KRAFT FOODS GROUP INC COM STK (VA), an estimated $260M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 27% a quarter earlier, followed by Miscellaneous and Energy.
Against the trend, Bank of Montreal opened a new position in PayPal worth $66.3M.
- Bank of Montreal's largest Q3 2015 buy was PayPal: 2,136,404 shares worth $66.3M.
- Bank of Montreal added most to Pfizer in Q3 2015, an estimated $219M increase.
- Bank of Montreal's biggest Q3 2015 reduction was Express Scripts Holding Company, cutting an estimated $532M.
- Bank of Montreal fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $260M.
- Bank of Montreal's ten largest holdings make up 23% of its $72.4B portfolio in Q3 2015.
- Bank of Montreal opened 378 new positions and closed 296 in Q3 2015.
- Bank of Montreal's portfolio value fell 15% quarter-over-quarter to $72.4B.
Based on Bank of Montreal's 13F filing for Q3 2015, filed 12 Nov 2015.