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 | Miscellaneous | 11.59% |
| 4 | Healthcare | 8.72% |
| 5 | Industrials | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
APTS
2026
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $446K | ﹤0.01% |
76,104
+21,460
| +39% | +$233K |
2015 Q4
17 quarters
|
|
2027
Exponent
EXPO
$3.32B
| $445K | ﹤0.01% |
6,164
-6,001
| -49% | -$436K |
2013 Q2
27 quarters
|
|
2028
iShares Russell 3000 ETF
IWV
$20.2B
| $445K | ﹤0.01% |
3,090
+238
| +8% | +$42.3K |
2013 Q2
27 quarters
|
|
|
MTOR
2029
DELISTED
MERITOR, Inc.
MTOR
| $445K | ﹤0.01% |
33,964
+22,498
| +196% | +$485K |
2013 Q2
27 quarters
|
|
2030
Dyadic International
DYAI
$17.2M
| $442K | ﹤0.01% |
87,204
+5,874
| +7% | +$31K |
2019 Q2
3 quarters
|
|
2031
Guardant Health
GH
$23.5B
| $442K | ﹤0.01% |
6,788
+1,308
| +24% | +$100K |
2019 Q2
3 quarters
|
|
2032
Cimpress
CMPR
$1.83B
| $440K | ﹤0.01% |
9,804
-44,387
| -82% | -$4.5M |
2014 Q4
21 quarters
|
|
|
ALTA
2033
DELISTED
Altabancorp
ALTA
| $440K | ﹤0.01% |
25,076
-304
| -1% | -$7.6K |
2016 Q3
14 quarters
|
|
2034
Erie Indemnity
ERIE
$11.6B
| $438K | ﹤0.01% |
2,711
-1,479
| -35% | -$238K |
2013 Q2
27 quarters
|
|
2035
Fortuna Silver Mines
FSM
$3.31B
| $438K | ﹤0.01% |
205,033
-3,177
| -2% | -$10.8K |
2013 Q2
27 quarters
|
|
|
SNV
2036
DELISTED
Synovus
SNV
| $438K | ﹤0.01% |
27,892
-61,346
| -69% | -$1.89M |
2013 Q2
27 quarters
|
|
2037
Tilray
TLRY
$528M
| $438K | ﹤0.01% |
7,179
-4,709
| -40% | -$658K |
2018 Q3
6 quarters
|
|
2038
Manhattan Associates
MANH
$11.9B
| $436K | ﹤0.01% |
9,457
-6,767
| -42% | -$488K |
2013 Q2
27 quarters
|
|
2039
PUT
Teck Resources
TECK
$32B
| $436K | ﹤0.01% |
60,000
-20,000
| -25% | -$240K |
2019 Q4
1 quarter
|
|
2040
RBB Bancorp
RBB
$440M
| $435K | ﹤0.01% |
33,693
+1,678
| +5% | +$30.1K |
2018 Q2
7 quarters
|
|
2041
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $435K | ﹤0.01% |
+15,546
| New | +$641K |
2020 Q1
0 quarters
|
|
2042
Iridium Communications
IRDM
$5.07B
| $434K | ﹤0.01% |
19,642
-141,720
| -88% | -$3.67M |
2014 Q2
23 quarters
|
|
2043
AMN Healthcare
AMN
$1.39B
| $433K | ﹤0.01% |
7,089
-7,082
| -50% | -$485K |
2013 Q2
27 quarters
|
|
2044
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$2.8B
| $433K | ﹤0.01% |
8,917
-22,945
| -72% | -$1.17M |
2013 Q2
27 quarters
|
|
|
EWSC
2045
DELISTED
Invesco S&P SmallCap 600 Equal Weight ETF
EWSC
| $433K | ﹤0.01% |
12,760
+5,932
| +87% | +$291K |
2019 Q2
3 quarters
|
|
|
IIN
2046
DELISTED
IntriCon Corporation
IIN
| $432K | ﹤0.01% |
36,204
+1,409
| +4% | +$22.2K |
2018 Q2
7 quarters
|
|
2047
McEwen Inc
MUX
$1.08B
| $431K | ﹤0.01% |
60,851
-1,852
| -3% | -$19.1K |
2013 Q2
27 quarters
|
|
|
2048
CALL
Fortuna Silver Mines
FSM
$3.31B
| $428K | ﹤0.01% |
+200,000
| New | +$678K |
2020 Q1
0 quarters
|
|
2049
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11B
| $427K | ﹤0.01% |
15,158
+11,290
| +292% | +$394K |
2016 Q3
14 quarters
|
|
2050
Hawaiian Electric Industries
HE
$1.55B
| $425K | ﹤0.01% |
10,298
-11,061
| -52% | -$511K |
2013 Q2
27 quarters
|
|
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 $15.3B 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 Miscellaneous.
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.