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 | Energy | 8.74% |
| 4 | Communication Services | 8.14% |
| 5 | Industrials | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
CALL
Analog Devices
ADI
$186B
| $1.69M | ﹤0.01% |
14,200
-1,000
| -7% | -$113K |
|
|
ETRN
1977
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $1.69M | ﹤0.01% |
126,161
+24,554
| +24% | +$305K |
|
|
REGI
1978
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.69M | ﹤0.01% |
62,582
+58,586
| +1,466% | +$1.06M |
|
1979
Banco Santander
SAN
$211B
| $1.68M | ﹤0.01% |
423,977
-69,709
| -14% | -$271K |
|
1980
RadNet
RDNT
$6.08B
| $1.68M | ﹤0.01% |
82,822
+78,759
| +1,938% | +$1.35M |
|
1981
Prosperity Bancshares
PB
$8.95B
| $1.68M | ﹤0.01% |
23,341
+8,166
| +54% | +$577K |
|
|
IGD
1982
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$524M
| $1.67M | ﹤0.01% |
270,531
+116,557
| +76% | +$711K |
|
|
DO
1983
PUT
DELISTED
Diamond Offshore Drilling
DO
| $1.67M | ﹤0.01% |
232,500
| – | – |
|
|
NFJ
1984
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.45B
| $1.66M | ﹤0.01% |
128,032
+43,740
| +52% | +$553K |
|
|
VAL
1985
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $1.66M | ﹤0.01% |
253,477
+131,836
| +108% | +$642K |
|
|
BERY
1986
PUT
DELISTED
Berry Global Group, Inc.
BERY
| $1.66M | ﹤0.01% |
+38,115
| New | +$1.51M |
|
|
MZTI
1987
The Marzetti Company
MZTI
$3.22B
| $1.66M | ﹤0.01% |
10,347
+510
| +5% | +$76.8K |
|
1988
CALL
Caesars Entertainment
CZR
$6.04B
| $1.65M | ﹤0.01% |
+27,700
| New | +$1.37M |
|
1989
Telkom Indonesia
TLK
$14.5B
| $1.65M | ﹤0.01% |
57,918
-23
| -0% | -$666 |
|
1990
Mitsubishi UFJ Financial
MUFG
$260B
| $1.65M | ﹤0.01% |
303,739
-5,174
| -2% | -$27.3K |
|
1991
CALL
Raymond James Financial
RJF
$34.9B
| $1.65M | ﹤0.01% |
+27,600
| New | +$1.59M |
|
|
P
1992
Everpure Inc
P
$39B
| $1.63M | ﹤0.01% |
95,470
-15,860
| -14% | -$281K |
|
1993
Protolabs
PRLB
$2.21B
| $1.63M | ﹤0.01% |
16,041
+663
| +4% | +$65.7K |
|
1994
Atlassian
TEAM
$42.1B
| $1.63M | ﹤0.01% |
13,534
-2,991
| -18% | -$364K |
|
1995
Strategic Education
STRA
$1.81B
| $1.62M | ﹤0.01% |
10,182
+5
| +0% | +$694 |
|
1996
Televisa
TV
$1.49B
| $1.62M | ﹤0.01% |
137,707
| – | – |
|
1997
Donaldson
DCI
$11.1B
| $1.61M | ﹤0.01% |
27,975
+20,528
| +276% | +$1.12M |
|
|
SCHW
1998
CALL
Charles Schwab
SCHW
$190B
| $1.61M | ﹤0.01% |
+33,900
| New | +$1.49M |
|
1999
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.18B
| $1.61M | ﹤0.01% |
31,862
-2,157
| -6% | -$109K |
|
2000
CALL
Agnico Eagle Mines
AEM
$91.3B
| $1.61M | ﹤0.01% |
26,100
+16,100
| +161% | +$935K |
|
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 $10.1B 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 Energy.
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.