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 | |
|---|---|---|---|---|---|---|---|
|
HTBK
1926
DELISTED
Heritage Commerce
HTBK
| $556K | ﹤0.01% |
75,808
-1,949
| -3% | -$20.6K |
2015 Q4
17 quarters
|
|
1927
Guidewire Software
GWRE
$12.7B
| $554K | ﹤0.01% |
7,491
+1,643
| +28% | +$172K |
2013 Q2
27 quarters
|
|
|
STEW
1928
SRH Total Return Fund
STEW
$1.68B
| $554K | ﹤0.01% |
61,726
-6,822
| -10% | -$73.6K |
2019 Q2
3 quarters
|
|
1929
Envista
NVST
$3.72B
| $552K | ﹤0.01% |
38,746
+26,812
| +225% | +$687K |
2019 Q4
1 quarter
|
|
|
SHYF
1930
DELISTED
The Shyft Group
SHYF
| $552K | ﹤0.01% |
47,830
+43,588
| +1,028% | +$689K |
2017 Q3
10 quarters
|
|
|
PCTI
1931
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $551K | ﹤0.01% |
101,666
+30,372
| +43% | +$231K |
2019 Q4
1 quarter
|
|
1932
PUT
Inseego
INSG
$71.8M
| $549K | ﹤0.01% |
8,010
+4,460
| +126% | +$322K |
2019 Q3
2 quarters
|
|
|
ALBO
1933
DELISTED
Albireo Pharma Inc
ALBO
| $548K | ﹤0.01% |
35,000
+1,005
| +3% | +$22.1K |
2018 Q1
8 quarters
|
|
|
HNGR
1934
DELISTED
Hanger Inc.
HNGR
| $548K | ﹤0.01% |
41,006
-9,215
| -18% | -$208K |
2018 Q3
6 quarters
|
|
1935
BlackRock Enhanced Captial and Income Fund
CII
$1.05B
| $546K | ﹤0.01% |
44,147
-2,260
| -5% | -$35.8K |
2017 Q2
11 quarters
|
|
1936
CALL
Zoetis
ZTS
$28.6B
| $545K | ﹤0.01% |
+4,700
| New | +$619K |
2020 Q1
0 quarters
|
|
1937
Ryman Hospitality Properties
RHP
$8.34B
| $544K | ﹤0.01% |
17,023
-24,397
| -59% | -$1.69M |
2014 Q1
24 quarters
|
|
|
TGP
1938
DELISTED
Teekay LNG Partners L.P.
TGP
| $543K | ﹤0.01% |
57,770
-245,500
| -81% | -$3.03M |
2013 Q2
27 quarters
|
|
|
HDV
1939
iShares Core High Dividend ETF
HDV
$14.6B
| $542K | ﹤0.01% |
37,585
-1,585
| -4% | -$28K |
2013 Q2
27 quarters
|
|
1940
iShares MSCI Europe Financials ETF
EUFN
$3.84B
| $541K | ﹤0.01% |
46,187
-2,234
| -5% | -$38.1K |
2013 Q3
26 quarters
|
|
1941
Columbia Banking Systems
COLB
$8.13B
| $540K | ﹤0.01% |
20,051
-9,451
| -32% | -$332K |
2013 Q2
27 quarters
|
|
1942
City Holding Co
CHCO
$1.99B
| $539K | ﹤0.01% |
8,215
-2,433
| -23% | -$179K |
2013 Q2
27 quarters
|
|
1943
National Beverage
FIZZ
$2.78B
| $537K | ﹤0.01% |
26,258
-3,944
| -13% | -$86.2K |
2014 Q4
21 quarters
|
|
1944
First Trust SSI Strategic Convertible Securities ETF
FCVT
$103M
| $536K | ﹤0.01% |
+19,408
| New | +$628K |
2020 Q1
0 quarters
|
|
1945
Service Corp International
SCI
$10.4B
| $536K | ﹤0.01% |
14,181
-17,112
| -55% | -$796K |
2013 Q2
27 quarters
|
|
|
SEM
1946
DELISTED
Select Medical
SEM
| $536K | ﹤0.01% |
75,040
+43,607
| +139% | +$518K |
2017 Q1
12 quarters
|
|
1947
Home Bancorp
HBCP
$526M
| $535K | ﹤0.01% |
21,686
+560
| +3% | +$18.4K |
2017 Q4
9 quarters
|
|
1948
Tradeweb Markets
TW
$21.8B
| $534K | ﹤0.01% |
11,680
+9,780
| +515% | +$448K |
2019 Q2
3 quarters
|
|
1949
CALL
Comcast
CMCSA
$77B
| $533K | ﹤0.01% |
15,500
-390,300
| -96% | -$16.5M |
2019 Q4
1 quarter
|
|
|
JBTM
1950
JBT Marel
JBTM
$5.54B
| $530K | ﹤0.01% |
8,008
-3,502
| -30% | -$350K |
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.