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 |
Enbridge
ENB
|
+$695M |
| 2 |
Toronto Dominion Bank
TD
|
+$443M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$285M |
| 4 |
Manulife Financial
MFC
|
+$268M |
| 5 |
Microsoft
MSFT
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$463M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Intel
INTC
|
+$135M |
| 4 |
Wells Fargo
WFC
|
+$125M |
| 5 |
Blackstone
BX
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.34% |
| 2 | Miscellaneous | 12.28% |
| 3 | Energy | 11.38% |
| 4 | Industrials | 8.03% |
| 5 | Communication Services | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
CAB
1926
DELISTED
Cabela's Inc
CAB
| $825K | ﹤0.01% |
15,520
-524
| -3% | -$26.9K |
2013 Q2
15 quarters
|
|
1927
Pebblebrook Hotel Trust
PEB
$2.12B
| $824K | ﹤0.01% |
+28,200
| New | +$817K |
2017 Q1
0 quarters
|
|
1928
California Water Service
CWT
$2.79B
| $822K | ﹤0.01% |
22,904
-1,561
| -6% | -$54K |
2013 Q2
15 quarters
|
|
|
ETX
1929
Eaton Vance Municipal Income 2028 Term Trust
ETX
$191M
| $822K | ﹤0.01% |
42,000
| – | – |
2013 Q3
14 quarters
|
|
|
HIFR
1930
DELISTED
InfraREIT, Inc.
HIFR
| $819K | ﹤0.01% |
45,495
+768
| +2% | +$13.1K |
2016 Q1
4 quarters
|
|
1931
Anika Therapeutics
ANIK
$259M
| $818K | ﹤0.01% |
18,849
-665
| -3% | -$31.7K |
2013 Q3
14 quarters
|
|
1932
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$286M
| $809K | ﹤0.01% |
+1
| New | +$1.15M |
2016 Q1
4 quarters
|
|
|
LKSD
1933
DELISTED
LSC Communications, Inc.
LKSD
| $805K | ﹤0.01% |
31,972
-632
| -2% | -$16.5K |
2016 Q4
1 quarter
|
|
|
LMNX
1934
DELISTED
Luminex Corp
LMNX
| $801K | ﹤0.01% |
43,556
-119,685
| -73% | -$2.28M |
2013 Q2
15 quarters
|
|
|
GTY
1935
Getty Realty Corp
GTY
$1.72B
| $796K | ﹤0.01% |
31,499
-819
| -3% | -$21.1K |
2015 Q1
8 quarters
|
|
|
KNDI
1936
Kandi Technologies Group
KNDI
$85.4M
| $793K | ﹤0.01% |
208,700
-44,500
| -18% | -$190K |
2016 Q4
1 quarter
|
|
|
KNDI
1937
PUT
Kandi Technologies Group
KNDI
$85.4M
| $793K | ﹤0.01% |
208,700
-44,500
| -18% | -$190K |
2016 Q4
1 quarter
|
|
|
TEF
1938
DELISTED
Telefonica
TEF
| $792K | ﹤0.01% |
87,601
+21,166
| +32% | +$174K |
2013 Q2
15 quarters
|
|
|
CXP
1939
CALL
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $792K | ﹤0.01% |
35,600
| – | – |
2016 Q1
4 quarters
|
|
1940
Abercrombie & Fitch
ANF
$5.79B
| $790K | ﹤0.01% |
66,232
+61,141
| +1,201% | +$728K |
2013 Q2
15 quarters
|
|
|
DOC
1941
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $782K | ﹤0.01% |
39,321
-62,936
| -62% | -$1.2M |
2013 Q3
14 quarters
|
|
|
WRI
1942
CALL
DELISTED
Weingarten Realty Investors
WRI
| $781K | ﹤0.01% |
+23,400
| New | +$817K |
2017 Q1
0 quarters
|
|
1943
Independent Bank Corp
IBCP
$790M
| $780K | ﹤0.01% |
37,668
+33,620
| +831% | +$710K |
2016 Q2
3 quarters
|
|
1944
Erie Indemnity
ERIE
$11.6B
| $777K | ﹤0.01% |
6,338
-627
| -9% | -$73K |
2013 Q2
15 quarters
|
|
|
WFT
1945
DELISTED
Weatherford International plc
WFT
| $776K | ﹤0.01% |
116,655
+29,323
| +34% | +$172K |
2014 Q3
10 quarters
|
|
1946
Sixth Street Specialty
TSLX
$1.72B
| $775K | ﹤0.01% |
+38,000
| New | +$734K |
2017 Q1
0 quarters
|
|
1947
Invesco CurrencyShares British Pound Sterling Trust
FXB
$82.4M
| $771K | ﹤0.01% |
+6,316
| New | +$764K |
2017 Q1
0 quarters
|
|
|
TPH
1948
DELISTED
Tri Pointe Homes
TPH
| $768K | ﹤0.01% |
61,253
-283,428
| -82% | -$3.48M |
2013 Q2
15 quarters
|
|
1949
Sprott Physical Silver Trust
PSLV
$12.4B
| $767K | ﹤0.01% |
111,220
-1,000
| -0.9% | -$6.64K |
2013 Q2
15 quarters
|
|
|
WRI
1950
DELISTED
Weingarten Realty Investors
WRI
| $767K | ﹤0.01% |
22,981
-14,744
| -39% | -$515K |
2013 Q2
15 quarters
|
|
Similar funds
Bank of Montreal's Q1 2017 Portfolio in Review
As of Q1 2017, Bank of Montreal held 4,409 positions worth $106B, up 11% from $95.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal deployed $5.28B of net new capital in Q1 2017, opening 309 new positions and adding to 1,513 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $463M trimmed.
- Bank of Montreal's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
- Bank of Montreal added most to Enbridge in Q1 2017, an estimated $695M increase.
- Bank of Montreal's biggest Q1 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $463M.
- Bank of Montreal fully exited NextEra Energy in Q1 2017, selling an estimated $55.5M.
- Bank of Montreal's ten largest holdings make up 24% of its $106B portfolio in Q1 2017.
- Bank of Montreal opened 309 new positions and closed 396 in Q1 2017.
- Bank of Montreal's portfolio value rose 11% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q1 2017, filed 11 Apr 2017.