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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.65% |
| 2 | Technology | 12.03% |
| 3 | Miscellaneous | 11.59% |
| 4 | Healthcare | 8.72% |
| 5 | Industrials | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1876
Landstar System
LSTR
$5.77B
| $637K | ﹤0.01% |
6,833
-2,986
| -30% | -$318K |
2013 Q2
27 quarters
|
|
1877
iShares MSCI France ETF
EWQ
$342M
| $636K | ﹤0.01% |
28,226
-3,701
| -12% | -$108K |
2017 Q3
10 quarters
|
|
1878
iShares MSCI Singapore ETF
EWS
$1.39B
| $633K | ﹤0.01% |
36,860
+1,295
| +4% | +$28.1K |
2013 Q2
27 quarters
|
|
|
COHR
1879
DELISTED
Coherent Inc
COHR
| $633K | ﹤0.01% |
6,546
-6,508
| -50% | -$910K |
2013 Q2
27 quarters
|
|
1880
iShares MSCI USA Momentum Factor ETF
MTUM
$21.2B
| $626K | ﹤0.01% |
6,087
+2,046
| +51% | +$253K |
2017 Q2
11 quarters
|
|
|
CDMO
1881
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $625K | ﹤0.01% |
133,599
+1,846
| +1% | +$11.2K |
2018 Q2
7 quarters
|
|
1882
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.12B
| $622K | ﹤0.01% |
19,156
-54,666
| -74% | -$2.21M |
2013 Q2
27 quarters
|
|
1883
B&G Foods
BGS
$238M
| $616K | ﹤0.01% |
34,766
-3,017
| -8% | -$47.3K |
2013 Q2
27 quarters
|
|
1884
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.3B
| $614K | ﹤0.01% |
5,840
| – | – |
2013 Q2
27 quarters
|
|
|
SWN
1885
PUT
DELISTED
Southwestern Energy Company
SWN
| $612K | ﹤0.01% |
+359,800
| New | +$624K |
2020 Q1
0 quarters
|
|
1886
Chunghwa Telecom
CHT
$35.3B
| $610K | ﹤0.01% |
17,133
-41,045
| -71% | -$1.48M |
2013 Q2
27 quarters
|
|
1887
Astec Industries
ASTE
$937M
| $608K | ﹤0.01% |
15,099
-856
| -5% | -$33.6K |
2014 Q2
23 quarters
|
|
1888
Schwab International Small-Cap Equity ETF
SCHC
$5.55B
| $608K | ﹤0.01% |
25,789
+7,117
| +38% | +$219K |
2013 Q2
27 quarters
|
|
|
MODN
1889
DELISTED
MODEL N, INC.
MODN
| $608K | ﹤0.01% |
29,661
-2,283
| -7% | -$66.7K |
2015 Q4
17 quarters
|
|
1890
RH
RH
$2.28B
| $607K | ﹤0.01% |
6,810
+944
| +16% | +$176K |
2013 Q4
25 quarters
|
|
1891
Cirrus Logic
CRUS
$6.02B
| $606K | ﹤0.01% |
9,781
-15,162
| -61% | -$1.12M |
2013 Q2
27 quarters
|
|
1892
MasTec
MTZ
$17.2B
| $606K | ﹤0.01% |
19,694
-25,864
| -57% | -$1.32M |
2013 Q2
27 quarters
|
|
1893
Snap
SNAP
$9.56B
| $606K | ﹤0.01% |
53,786
-448,156
| -89% | -$6.88M |
2017 Q1
12 quarters
|
|
1894
Invesco Dorsey Wright Momentum ETF
PDP
$1.49B
| $604K | ﹤0.01% |
11,452
-1,883
| -14% | -$118K |
2013 Q2
27 quarters
|
|
1895
Compass Minerals
CMP
$916M
| $603K | ﹤0.01% |
16,326
-12,601
| -44% | -$686K |
2013 Q2
27 quarters
|
|
1896
PUT
State Street Energy Select Sector SPDR ETF
XLE
$40.5B
| $603K | ﹤0.01% |
40,000
-440,000
| -92% | -$10.4M |
2019 Q3
2 quarters
|
|
|
CNSL
1897
PUT
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $603K | ﹤0.01% |
+135,000
| New | +$686K |
2020 Q1
0 quarters
|
|
|
GSB
1898
DELISTED
GlobalSCAPE, Inc.
GSB
| $603K | ﹤0.01% |
89,139
+6,060
| +7% | +$55.4K |
2019 Q4
1 quarter
|
|
1899
BioLife Solutions
BLFS
$1.8B
| $601K | ﹤0.01% |
63,497
+15,124
| +31% | +$208K |
2018 Q2
7 quarters
|
|
|
LCI
1900
DELISTED
Lannett Company, Inc.
LCI
| $594K | ﹤0.01% |
22,377
-6,217
| -22% | -$209K |
2013 Q2
27 quarters
|
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $15.3B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Miscellaneous.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.