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 |
Mastercard
MA
|
+$512M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$458M |
| 3 |
Toronto Dominion Bank
TD
|
+$275M |
| 4 |
Shopify
SHOP
|
+$265M |
| 5 |
TC Energy
TRP
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$202M |
| 3 |
Restaurant Brands International
QSR
|
+$198M |
| 4 |
Canadian Natural Resources
CNQ
|
+$121M |
| 5 |
Invitation Homes
INVH
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.93% |
| 2 | Technology | 14.17% |
| 3 | Healthcare | 8.07% |
| 4 | Communication Services | 7.94% |
| 5 | Industrials | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
iShares S&P Small-Cap 600 Value ETF
IJS
$8.45B
| $931K | ﹤0.01% |
16,338
-1,540
| -9% | -$86.3K |
|
1952
NNN REIT
NNN
$8.83B
| $930K | ﹤0.01% |
28,108
-68,276
| -71% | -$2.23M |
|
1953
RH
RH
$3.44B
| $929K | ﹤0.01% |
3,567
-3,243
| -48% | -$588K |
|
|
SHYF
1954
DELISTED
The Shyft Group
SHYF
| $928K | ﹤0.01% |
62,742
+14,912
| +31% | +$225K |
|
1955
Blackbaud
BLKB
$2.05B
| $926K | ﹤0.01% |
16,192
+5,390
| +50% | +$296K |
|
1956
Apollo Global Management
APO
$83.1B
| $925K | ﹤0.01% |
18,554
-263,595
| -93% | -$11.6M |
|
|
BPMP
1957
DELISTED
BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
| $917K | ﹤0.01% |
+88,000
| New | +$1M |
|
1958
Donnelley Financial Solutions
DFIN
$1.2B
| $915K | ﹤0.01% |
112,508
+85,285
| +313% | +$614K |
|
1959
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $915K | ﹤0.01% |
26,182
-701
| -3% | -$23.7K |
|
1960
Power Integrations
POWI
$3.51B
| $914K | ﹤0.01% |
14,790
+7,308
| +98% | +$384K |
|
1961
Watsco Inc
WSO
$12.9B
| $914K | ﹤0.01% |
4,935
+1,860
| +60% | +$308K |
|
1962
iShares International Dividend Growth ETF
IGRO
$1.31B
| $912K | ﹤0.01% |
17,447
+491
| +3% | +$24.1K |
|
1963
California Water Service
CWT
$3.12B
| $909K | ﹤0.01% |
19,472
+4,392
| +29% | +$207K |
|
1964
Replimune Group
REPL
$1.4B
| $904K | ﹤0.01% |
41,148
-12,529
| -23% | -$222K |
|
1965
State Street Blackstone Senior Loan ETF
SRLN
$5.37B
| $903K | ﹤0.01% |
20,926
-5,518
| -21% | -$234K |
|
1966
Keurig Dr Pepper
KDP
$42.8B
| $902K | ﹤0.01% |
31,100
+13,653
| +78% | +$370K |
|
|
CLVS
1967
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $902K | ﹤0.01% |
134,600
+70,500
| +110% | +$534K |
|
1968
Under Armour Class C
UA
$2.26B
| $900K | ﹤0.01% |
108,695
+49,385
| +83% | +$420K |
|
1969
POSCO
PKX
$17.7B
| $892K | ﹤0.01% |
22,886
-865
| -4% | -$31.7K |
|
1970
SiteOne Landscape Supply
SITE
$4.3B
| $891K | ﹤0.01% |
+8,355
| New | +$777K |
|
|
OBCI
1971
DELISTED
Ocean Bio-Chem Inc
OBCI
| $891K | ﹤0.01% |
63,281
+2,613
| +4% | +$17.4K |
|
1972
Starwood Property Trust
STWD
$6.03B
| $888K | ﹤0.01% |
66,576
+54,653
| +458% | +$736K |
|
1973
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $886K | ﹤0.01% |
48,492
-180,725
| -79% | -$3.19M |
|
1974
Compass Minerals
CMP
$1.11B
| $884K | ﹤0.01% |
18,917
+2,591
| +16% | +$120K |
|
1975
eGain
EGAN
$206M
| $884K | ﹤0.01% |
79,547
+4,833
| +6% | +$44K |
|
Similar funds
Bank of Montreal's Q2 2020 Portfolio in Review
As of Q2 2020, Bank of Montreal held 4,997 positions worth $110B, up 26% from $87.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2020 filing shows 848 new, 2,326 increased, 1,132 reduced and 339 closed positions. Its largest new stake was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M. The largest sale was Amazon, an estimated $363M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Technology and Healthcare.
- Bank of Montreal's largest Q2 2020 buy was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M.
- Bank of Montreal added most to Mastercard in Q2 2020, an estimated $512M increase.
- Bank of Montreal's biggest Q2 2020 reduction was Amazon, cutting an estimated $363M.
- Bank of Montreal fully exited Allergan plc in Q2 2020, selling an estimated $94M.
- Bank of Montreal's ten largest holdings make up 22% of its $110B portfolio in Q2 2020.
- Bank of Montreal opened 848 new positions and closed 339 in Q2 2020.
- Bank of Montreal's portfolio value rose 26% quarter-over-quarter to $110B.
Based on Bank of Montreal's 13F filing for Q2 2020, filed 12 Aug 2020.