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 |
Fortis
FTS
|
+$601M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$424M |
| 3 |
Mondelez International
MDLZ
|
+$228M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Apple
AAPL
|
+$158M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$240M |
| 2 |
Virtus Investment Partners
VRTS
|
+$189M |
| 3 |
Travelers Companies
TRV
|
+$150M |
| 4 |
NVIDIA
NVDA
|
+$113M |
| 5 |
Dover
DOV
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.37% |
| 2 | Miscellaneous | 13.83% |
| 3 | Energy | 12.01% |
| 4 | Industrials | 8.11% |
| 5 | Communication Services | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2051
WesBanco
WSBC
$3.59B
| $616K | ﹤0.01% |
15,458
-4,349
| -22% | -$162K |
2015 Q3
5 quarters
|
|
|
WWE
2052
DELISTED
World Wrestling Entertainment
WWE
| $614K | ﹤0.01% |
32,676
-34,055
| -51% | -$645K |
2013 Q2
14 quarters
|
|
2053
CNA Financial
CNA
$12.4B
| $610K | ﹤0.01% |
15,943
-3,750
| -19% | -$143K |
2013 Q2
14 quarters
|
|
2054
RELX
RELX
$58.2B
| $610K | ﹤0.01% |
35,214
-13,479
| -28% | -$238K |
2015 Q2
6 quarters
|
|
2055
PUT
General Mills
GIS
$16.9B
| $609K | ﹤0.01% |
+10,000
| New | +$619K |
2016 Q4
0 quarters
|
|
2056
Nordic American Tanker
NAT
$1.73B
| $607K | ﹤0.01% |
71,200
+20,837
| +41% | +$185K |
2013 Q2
14 quarters
|
|
2057
Williams-Sonoma
WSM
$27.5B
| $607K | ﹤0.01% |
22,140
-10,050
| -31% | -$256K |
2013 Q2
14 quarters
|
|
|
HDV
2058
iShares Core High Dividend ETF
HDV
$14.6B
| $606K | ﹤0.01% |
37,685
+15,060
| +67% | +$242K |
2013 Q2
14 quarters
|
|
|
MOMO
2059
Hello Group
MOMO
$692M
| $606K | ﹤0.01% |
28,138
+16,535
| +143% | +$365K |
2015 Q1
7 quarters
|
|
2060
Babcock & Wilcox
BW
$863M
| $602K | ﹤0.01% |
3,773
+93
| +3% | +$14.8K |
2015 Q3
5 quarters
|
|
2061
United Natural Foods
UNFI
$2.7B
| $601K | ﹤0.01% |
12,803
+2,768
| +28% | +$124K |
2013 Q2
14 quarters
|
|
|
LFC
2062
DELISTED
China Life Insurance Company Ltd.
LFC
| $601K | ﹤0.01% |
41,473
-19,538
| -32% | -$258K |
2013 Q2
14 quarters
|
|
|
BSJK
2063
DELISTED
Invesco BulletShares 2020 High Yield Corporate Bond ETF
BSJK
| $601K | ﹤0.01% |
24,893
+129
| +0.5% | +$3.12K |
2015 Q1
7 quarters
|
|
2064
Healthcare Services Group
HCSG
$1.41B
| $597K | ﹤0.01% |
15,344
-6,350
| -29% | -$243K |
2013 Q2
14 quarters
|
|
2065
NatWest
NWG
$69B
| $597K | ﹤0.01% |
114,269
-15,121
| -12% | -$81.3K |
2014 Q1
11 quarters
|
|
|
DTV
2066
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
| – | – |
0
| – | – |
2016 Q4
0 quarters
|
|
|
ATCO
2067
DELISTED
Atlas Corp.
ATCO
| $595K | ﹤0.01% |
66,418
+752
| +1% | +$7.97K |
2013 Q2
14 quarters
|
|
2068
Cullen/Frost Bankers
CFR
$9.54B
| $593K | ﹤0.01% |
7,209
-1,058
| -13% | -$84.9K |
2013 Q2
14 quarters
|
|
|
SCS
2069
DELISTED
Steelcase
SCS
| $593K | ﹤0.01% |
38,112
+3,454
| +10% | +$52K |
2013 Q2
14 quarters
|
|
|
NE
2070
DELISTED
Noble Corporation
NE
| $589K | ﹤0.01% |
94,767
-199,784
| -68% | -$1.18M |
2013 Q2
14 quarters
|
|
|
HOUS
2071
DELISTED
Anywhere Real Estate
HOUS
| $585K | ﹤0.01% |
24,194
-7,866
| -25% | -$195K |
2014 Q2
10 quarters
|
|
2072
iShares MSCI USA Min Vol Factor ETF
USMV
$23.4B
| $584K | ﹤0.01% |
13,140
+6,440
| +96% | +$287K |
2013 Q2
14 quarters
|
|
2073
CALL
CF Industries
CF
$17.3B
| $579K | ﹤0.01% |
+20,000
| New | +$538K |
2016 Q4
0 quarters
|
|
2074
Belden
BDC
$4.23B
| $578K | ﹤0.01% |
7,818
-345
| -4% | -$24.6K |
2013 Q2
14 quarters
|
|
2075
OGE Energy
OGE
$9.43B
| $578K | ﹤0.01% |
18,258
-1,522
| -8% | -$48K |
2013 Q2
14 quarters
|
|
Similar funds
Bank of Montreal's Q4 2016 Portfolio in Review
As of Q4 2016, Bank of Montreal held 4,383 positions worth $95.1B, up 3.8% from $91.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal deployed $3.15B of net new capital in Q4 2016, opening 329 new positions and adding to 1,588 existing holdings. Its largest new stake was Fortis: 19,376,017 shares worth $577M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 25% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $240M trimmed.
- Bank of Montreal's largest Q4 2016 buy was Fortis: 19,376,017 shares worth $577M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2016, an estimated $424M increase.
- Bank of Montreal's biggest Q4 2016 reduction was JPMorgan Chase, cutting an estimated $240M.
- Bank of Montreal fully exited SolarCity Corporation in Q4 2016, selling an estimated $55.2M.
- Bank of Montreal's ten largest holdings make up 23% of its $95.1B portfolio in Q4 2016.
- Bank of Montreal opened 329 new positions and closed 279 in Q4 2016.
- Bank of Montreal's portfolio value rose 3.8% quarter-over-quarter to $95.1B.
Based on Bank of Montreal's 13F filing for Q4 2016, filed 6 Feb 2017.