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 | Healthcare | 8.72% |
| 4 | Industrials | 8.31% |
| 5 | Communication Services | 8.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Universal Electronics
UEIC
$67.9M
| $504K | ﹤0.01% |
13,574
+11,774
| +654% | +$533K |
|
1977
First Trust Senior Loan Fund ETF
FTSL
$2.33B
| $503K | ﹤0.01% |
11,931
+8,847
| +287% | +$406K |
|
1978
Honda
HMC
$41B
| $503K | ﹤0.01% |
24,093
-59,352
| -71% | -$1.52M |
|
|
JCAP
1979
DELISTED
Jernigan Capital, Inc.
JCAP
| $501K | ﹤0.01% |
47,489
+2,937
| +7% | +$51.7K |
|
1980
Kaiser Aluminum
KALU
$2.97B
| $500K | ﹤0.01% |
7,883
-5,436
| -41% | -$511K |
|
1981
HEICO Corp Class A
HEI.A
$38.4B
| $499K | ﹤0.01% |
7,831
+2,814
| +56% | +$252K |
|
|
JNCE
1982
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $499K | ﹤0.01% |
111,875
+109,638
| +4,901% | +$631K |
|
|
CCRD
1983
DELISTED
CoreCard
CCRD
| $498K | ﹤0.01% |
14,364
+13,498
| +1,559% | +$505K |
|
|
TSC
1984
DELISTED
TriState Capital Holdings, Inc.
TSC
| $496K | ﹤0.01% |
58,363
+800
| +1% | +$16K |
|
|
HIMX
1985
Himax Technologies
HIMX
$2.66B
| $495K | ﹤0.01% |
175,001
| – | – |
|
1986
Banco Santander
SAN
$211B
| $494K | ﹤0.01% |
224,987
-198,990
| -47% | -$682K |
|
|
PENG
1987
Penguin Solutions Inc
PENG
$3.27B
| $492K | ﹤0.01% |
42,418
-13,784
| -25% | -$202K |
|
1988
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $491K | ﹤0.01% |
4,428
+321
| +8% | +$35.5K |
|
1989
Grupo Aeroportuario del Pacifico
PAC
$12.3B
| $490K | ﹤0.01% |
9,760
-15,526
| -61% | -$1.67M |
|
1990
CrowdStrike
CRWD
$221B
| $487K | ﹤0.01% |
34,416
-57,908
| -63% | -$818K |
|
1991
PBF Energy
PBF
$8.52B
| $486K | ﹤0.01% |
82,186
-720,781
| -90% | -$16.2M |
|
1992
Watsco Inc
WSO
$12.9B
| $485K | ﹤0.01% |
3,075
-3,194
| -51% | -$539K |
|
|
EVFM
1993
DELISTED
Evofem Biosciences, Inc. Common Stock
EVFM
| $485K | ﹤0.01% |
6,507
+355
| +6% | +$28.4K |
|
1994
Bridgewater Bancshares
BWB
$620M
| $483K | ﹤0.01% |
55,208
+1,005
| +2% | +$12.3K |
|
|
CHW
1995
Calamos Global Dynamic Income Fund
CHW
$554M
| $482K | ﹤0.01% |
90,000
| – | – |
|
1996
Sierra Bancorp
BSRR
$532M
| $479K | ﹤0.01% |
29,834
+221
| +0.7% | +$5.37K |
|
1997
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.15B
| $478K | ﹤0.01% |
9,540
+9,160
| +2,411% | +$462K |
|
1998
OneMain Financial
OMF
$7.56B
| $478K | ﹤0.01% |
28,367
+448
| +2% | +$16.7K |
|
1999
iShares MSCI Canada ETF
EWC
$6.56B
| $475K | ﹤0.01% |
22,418
-2,539
| -10% | -$69.5K |
|
|
GRP.U
2000
CALL
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $475K | ﹤0.01% |
+12,200
| New | +$605K |
|
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 $14.8B 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 Healthcare.
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.