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 | |
|---|---|---|---|---|---|---|---|
1976
CALL
Analog Devices
ADI
$196B
| $1.69M | ﹤0.01% |
14,200
-1,000
| -7% | -$113K |
2019 Q2
2 quarters
|
|
|
ETRN
1977
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $1.69M | ﹤0.01% |
126,161
+24,554
| +24% | +$305K |
2019 Q1
3 quarters
|
|
|
REGI
1978
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.69M | ﹤0.01% |
62,582
+58,586
| +1,466% | +$1.06M |
2013 Q3
25 quarters
|
|
1979
Banco Santander
SAN
$193B
| $1.68M | ﹤0.01% |
423,977
-69,709
| -14% | -$271K |
2013 Q2
26 quarters
|
|
1980
RadNet
RDNT
$5.33B
| $1.68M | ﹤0.01% |
82,822
+78,759
| +1,938% | +$1.35M |
2016 Q1
15 quarters
|
|
1981
Prosperity Bancshares
PB
$7.96B
| $1.68M | ﹤0.01% |
23,341
+8,166
| +54% | +$577K |
2013 Q2
26 quarters
|
|
|
IGD
1982
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$486M
| $1.67M | ﹤0.01% |
270,531
+116,557
| +76% | +$711K |
2017 Q2
10 quarters
|
|
|
DO
1983
PUT
DELISTED
Diamond Offshore Drilling
DO
| $1.67M | ﹤0.01% |
232,500
| – | – |
2019 Q1
3 quarters
|
|
|
NFJ
1984
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.4B
| $1.66M | ﹤0.01% |
128,032
+43,740
| +52% | +$553K |
2013 Q2
26 quarters
|
|
|
VAL
1985
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $1.66M | ﹤0.01% |
253,477
+131,836
| +108% | +$642K |
2019 Q3
1 quarter
|
|
|
BERY
1986
PUT
DELISTED
Berry Global Group, Inc.
BERY
| $1.66M | ﹤0.01% |
+38,115
| New | +$1.51M |
2019 Q4
0 quarters
|
|
|
MZTI
1987
The Marzetti Company
MZTI
$2.72B
| $1.66M | ﹤0.01% |
10,347
+510
| +5% | +$76.8K |
2013 Q2
26 quarters
|
|
1988
CALL
Caesars Entertainment
CZR
$6.04B
| $1.65M | ﹤0.01% |
+27,700
| New | +$1.37M |
2019 Q4
0 quarters
|
|
1989
Telkom Indonesia
TLK
$12.2B
| $1.65M | ﹤0.01% |
57,918
-23
| -0% | -$666 |
2013 Q2
26 quarters
|
|
1990
Mitsubishi UFJ Financial
MUFG
$255B
| $1.65M | ﹤0.01% |
303,739
-5,174
| -2% | -$27.3K |
2013 Q2
26 quarters
|
|
1991
CALL
Raymond James Financial
RJF
$30.7B
| $1.65M | ﹤0.01% |
+27,600
| New | +$1.59M |
2019 Q4
0 quarters
|
|
|
P
1992
Everpure Inc
P
$44.7B
| $1.63M | ﹤0.01% |
95,470
-15,860
| -14% | -$281K |
2018 Q1
7 quarters
|
|
1993
Protolabs
PRLB
$2.26B
| $1.63M | ﹤0.01% |
16,041
+663
| +4% | +$65.7K |
2013 Q2
26 quarters
|
|
1994
Atlassian
TEAM
$48.1B
| $1.63M | ﹤0.01% |
13,534
-2,991
| -18% | -$364K |
2016 Q4
12 quarters
|
|
1995
Strategic Education
STRA
$1.75B
| $1.62M | ﹤0.01% |
10,182
+5
| +0% | +$694 |
2013 Q2
26 quarters
|
|
1996
Televisa
TV
$1.2B
| $1.62M | ﹤0.01% |
137,707
| – | – |
2014 Q1
23 quarters
|
|
1997
Donaldson
DCI
$10.2B
| $1.61M | ﹤0.01% |
27,975
+20,528
| +276% | +$1.12M |
2013 Q2
26 quarters
|
|
|
SCHW
1998
CALL
Charles Schwab
SCHW
$170B
| $1.61M | ﹤0.01% |
+33,900
| New | +$1.49M |
2019 Q4
0 quarters
|
|
1999
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$2.8B
| $1.61M | ﹤0.01% |
31,862
-2,157
| -6% | -$109K |
2013 Q2
26 quarters
|
|
2000
CALL
Agnico Eagle Mines
AEM
$91.4B
| $1.61M | ﹤0.01% |
26,100
+16,100
| +161% | +$935K |
2019 Q3
1 quarter
|
|
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.