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 | |
|---|---|---|---|---|---|---|---|
1926
Vanguard Health Care ETF
VHT
$18.8B
| $1.86M | ﹤0.01% |
9,705
+1,174
| +14% | +$211K |
2013 Q2
26 quarters
|
|
1927
iShares Gold Trust
IAU
$61.9B
| $1.86M | ﹤0.01% |
64,009
+8,621
| +16% | +$245K |
2013 Q2
26 quarters
|
|
1928
PUT
Weibo
WB
$1.59B
| $1.85M | ﹤0.01% |
40,000
| – | – |
2019 Q2
2 quarters
|
|
|
TMX
1929
DELISTED
Terminix Global Holdings, Inc.
TMX
| $1.85M | ﹤0.01% |
47,800
+1,394
| +3% | +$59.3K |
2015 Q2
18 quarters
|
|
1930
CALL
Nike
NKE
$52.1B
| $1.83M | ﹤0.01% |
18,100
-57,600
| -76% | -$5.43M |
2019 Q3
1 quarter
|
|
1931
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.73B
| $1.83M | ﹤0.01% |
51,842
-876
| -2% | -$30.2K |
2013 Q2
26 quarters
|
|
1932
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.18B
| $1.82M | ﹤0.01% |
41,458
+27,896
| +206% | +$1.2M |
2019 Q1
3 quarters
|
|
1933
First Mid Bancshares
FMBH
$1.31B
| $1.82M | ﹤0.01% |
51,692
+24,980
| +94% | +$873K |
2016 Q3
13 quarters
|
|
1934
iShares US Transportation ETF
IYT
$2.04B
| $1.82M | ﹤0.01% |
37,260
+35,920
| +2,681% | +$1.72M |
2013 Q2
26 quarters
|
|
|
SCHR
1935
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.1B
| $1.82M | ﹤0.01% |
66,222
+1,650
| +3% | +$45.6K |
2016 Q2
14 quarters
|
|
|
KL
1936
PUT
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $1.81M | ﹤0.01% |
41,000
-264,000
| -87% | -$11.7M |
2019 Q3
1 quarter
|
|
1937
Liberty Media Corporation Series C Common Stock
FWONK
$23B
| $1.81M | ﹤0.01% |
40,628
+283
| +0.7% | +$11.8K |
2014 Q3
21 quarters
|
|
1938
PUT
Stryker
SYK
$105B
| $1.8M | ﹤0.01% |
+8,600
| New | +$1.78M |
2019 Q4
0 quarters
|
|
1939
Celestica
CLS
$47.1B
| $1.8M | ﹤0.01% |
217,801
-6,613
| -3% | -$49.3K |
2013 Q2
26 quarters
|
|
1940
iShares Future Exponential Technologies ETF
XT
$4B
| $1.79M | ﹤0.01% |
41,985
+220
| +0.5% | +$8.95K |
2017 Q3
9 quarters
|
|
1941
iShares MSCI Hong Kong ETF
EWH
$1.13B
| $1.79M | ﹤0.01% |
73,754
+3,101
| +4% | +$73.2K |
2013 Q2
26 quarters
|
|
1942
PUT
United States Oil Fund
USO
$2.01B
| $1.79M | ﹤0.01% |
17,500
-170,000
| -91% | -$16.2M |
2017 Q1
11 quarters
|
|
1943
Aegon
AEG
$12.6B
| $1.79M | ﹤0.01% |
428,662
-35,200
| -8% | -$144K |
2013 Q2
26 quarters
|
|
1944
Southern Copper
SCCO
$168B
| $1.79M | ﹤0.01% |
46,021
+5,725
| +14% | +$197K |
2013 Q2
26 quarters
|
|
1945
MSC Industrial Direct
MSM
$7.18B
| $1.78M | ﹤0.01% |
22,738
+12,339
| +119% | +$911K |
2013 Q2
26 quarters
|
|
1946
Aecom
ACM
$7.67B
| $1.78M | ﹤0.01% |
41,319
+11,807
| +40% | +$489K |
2013 Q2
26 quarters
|
|
1947
Plains GP Holdings
PAGP
$5.13B
| $1.78M | ﹤0.01% |
93,941
-104,629
| -53% | -$1.96M |
2017 Q4
8 quarters
|
|
1948
CALL
Carnival Corporation Ltd
CCL
$33.7B
| $1.78M | ﹤0.01% |
+35,000
| New | +$1.56M |
2019 Q4
0 quarters
|
|
1949
Wabash National
WNC
$502M
| $1.78M | ﹤0.01% |
121,008
-7,564
| -6% | -$112K |
2013 Q2
26 quarters
|
|
1950
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.66B
| $1.77M | ﹤0.01% |
178,858
-2,396
| -1% | -$22.5K |
2017 Q2
10 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.