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 | Miscellaneous | 12.5% |
| 4 | Healthcare | 8.07% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
SAGE
1976
CALL
DELISTED
Sage Therapeutics
SAGE
| $882K | ﹤0.01% |
+20,000
| New | +$726K |
2020 Q2
0 quarters
|
|
|
CGC
1977
CALL
Canopy Growth
CGC
$373M
| $881K | ﹤0.01% |
5,500
-8,390
| -60% | -$1.36M |
2018 Q2
8 quarters
|
|
1978
Xerox
XRX
$412M
| $881K | ﹤0.01% |
60,187
-655,222
| -92% | -$11.3M |
2019 Q4
2 quarters
|
|
1979
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.55B
| $879K | ﹤0.01% |
17,255
+7,715
| +81% | +$392K |
2019 Q4
2 quarters
|
|
|
JBTM
1980
JBT Marel
JBTM
$5.54B
| $879K | ﹤0.01% |
10,838
+2,830
| +35% | +$220K |
2013 Q2
28 quarters
|
|
|
PETQ
1981
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $879K | ﹤0.01% |
+25,967
| New | +$729K |
2020 Q2
0 quarters
|
|
|
INVX
1982
Innovex International
INVX
$1.92B
| $877K | ﹤0.01% |
30,231
+7,803
| +35% | +$240K |
2013 Q2
28 quarters
|
|
1983
STAAR Surgical
STAA
$1.12B
| $874K | ﹤0.01% |
+14,970
| New | +$611K |
2020 Q2
0 quarters
|
|
1984
Dynatrace
DT
$17.1B
| $872K | ﹤0.01% |
19,781
+18,290
| +1,227% | +$602K |
2019 Q4
2 quarters
|
|
|
ETJ
1985
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$547M
| $869K | ﹤0.01% |
+90,007
| New | +$827K |
2020 Q2
0 quarters
|
|
1986
Arbutus Biopharma
ABUS
$903M
| $867K | ﹤0.01% |
465,966
-99,556
| -18% | -$163K |
2015 Q4
18 quarters
|
|
1987
Cirrus Logic
CRUS
$6.02B
| $861K | ﹤0.01% |
13,422
+3,641
| +37% | +$249K |
2013 Q2
28 quarters
|
|
1988
Enphase Energy
ENPH
$4.34B
| $860K | ﹤0.01% |
+15,425
| New | +$737K |
2020 Q2
0 quarters
|
|
|
THQ
1989
abrdn Healthcare Opportunities Fund
THQ
$740M
| $860K | ﹤0.01% |
+48,485
| New | +$856K |
2020 Q2
0 quarters
|
|
|
FOCS
1990
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $858K | ﹤0.01% |
24,999
+24,926
| +34,145% | +$624K |
2019 Q2
4 quarters
|
|
1991
Century Aluminum
CENX
$3.56B
| $857K | ﹤0.01% |
122,973
-1,542
| -1% | -$8.15K |
2013 Q2
28 quarters
|
|
1992
Penumbra
PEN
$12.5B
| $857K | ﹤0.01% |
4,432
+3,868
| +686% | +$671K |
2018 Q1
9 quarters
|
|
|
COHR
1993
DELISTED
Coherent Inc
COHR
| $857K | ﹤0.01% |
6,589
+43
| +0.7% | +$5.63K |
2013 Q2
28 quarters
|
|
1994
Tactile Systems Technology
TCMD
$492M
| $853K | ﹤0.01% |
23,239
+3,826
| +20% | +$179K |
2017 Q2
12 quarters
|
|
1995
State Street Materials Select Sector SPDR ETF
XLB
$7.88B
| $850K | ﹤0.01% |
29,862
-79,374
| -73% | -$2.09M |
2013 Q2
28 quarters
|
|
1996
Fastly Inc
FSLY
$4.2B
| $847K | ﹤0.01% |
+8,245
| New | +$325K |
2020 Q2
0 quarters
|
|
|
GRP.U
1997
CALL
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $847K | ﹤0.01% |
16,100
+3,900
| +32% | +$183K |
2020 Q1
1 quarter
|
|
1998
PUT
Teck Resources
TECK
$32B
| $846K | ﹤0.01% |
78,600
+18,600
| +31% | +$171K |
2019 Q4
2 quarters
|
|
1999
Compañía de Minas Buenaventura
BVN
$8B
| $844K | ﹤0.01% |
88,907
+5,800
| +7% | +$46.9K |
2013 Q2
28 quarters
|
|
2000
Shake Shack
SHAK
$2.37B
| $844K | ﹤0.01% |
17,480
+8,187
| +88% | +$414K |
2015 Q2
20 quarters
|
|
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 847 new, 2,326 increased, 1,132 reduced and 338 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 Miscellaneous.
- 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 847 new positions and closed 338 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.