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 |
Enbridge
ENB
|
+$695M |
| 2 |
Toronto Dominion Bank
TD
|
+$443M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$285M |
| 4 |
Manulife Financial
MFC
|
+$268M |
| 5 |
Microsoft
MSFT
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$463M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Intel
INTC
|
+$135M |
| 4 |
Wells Fargo
WFC
|
+$125M |
| 5 |
Blackstone
BX
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.34% |
| 2 | Miscellaneous | 12.28% |
| 3 | Energy | 11.38% |
| 4 | Industrials | 8.03% |
| 5 | Communication Services | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
UMPQ
2101
DELISTED
Umpqua Holdings Corp
UMPQ
| $508K | ﹤0.01% |
28,663
-225
| -0.8% | -$4.13K |
2013 Q2
15 quarters
|
|
2102
NewMarket
NEU
$8.47B
| $505K | ﹤0.01% |
1,113
| – | – |
2013 Q2
15 quarters
|
|
2103
Belden
BDC
$4.23B
| $504K | ﹤0.01% |
7,282
-536
| -7% | -$39.4K |
2013 Q2
15 quarters
|
|
2104
National CineMedia
NCMI
$199M
| $503K | ﹤0.01% |
3,987
-1,947
| -33% | -$262K |
2015 Q1
8 quarters
|
|
2105
Silicon Motion
SIMO
$9.33B
| $501K | ﹤0.01% |
10,720
| – | – |
2016 Q2
3 quarters
|
|
2106
CALL
Plains GP Holdings
PAGP
$5.13B
| $500K | ﹤0.01% |
+16,000
| New | +$520K |
2017 Q1
0 quarters
|
|
2107
Invesco Building & Construction ETF
PKB
$284M
| $500K | ﹤0.01% |
+17,123
| New | +$492K |
2017 Q1
0 quarters
|
|
|
PEGI
2108
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $497K | ﹤0.01% |
24,725
-24,905
| -50% | -$498K |
2014 Q2
11 quarters
|
|
|
RPAI
2109
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $493K | ﹤0.01% |
34,182
+3,000
| +10% | +$44.8K |
2013 Q2
15 quarters
|
|
2110
Alkermes
ALKS
$6.8B
| $492K | ﹤0.01% |
8,397
-1,165
| -12% | -$66.1K |
2013 Q2
15 quarters
|
|
2111
Kemper
KMPR
$1.53B
| $491K | ﹤0.01% |
12,298
+420
| +4% | +$17.9K |
2013 Q2
15 quarters
|
|
|
WR
2112
DELISTED
Westar Energy Inc
WR
| $489K | ﹤0.01% |
9,002
-6,662
| -43% | -$363K |
2013 Q2
15 quarters
|
|
2113
Alnylam Pharmaceuticals
ALNY
$30.9B
| $488K | ﹤0.01% |
9,528
+7,044
| +284% | +$326K |
2013 Q2
15 quarters
|
|
2114
CALL
Lam Research
LRCX
$426B
| $488K | ﹤0.01% |
+38,000
| New | +$447K |
2017 Q1
0 quarters
|
|
2115
CALL
Ventas
VTR
$42.9B
| $488K | ﹤0.01% |
7,500
| – | – |
2016 Q3
2 quarters
|
|
|
HTO
2116
H2O America
HTO
$2.52B
| $484K | ﹤0.01% |
10,038
-2,476
| -20% | -$122K |
2013 Q2
15 quarters
|
|
|
NAK
2117
PUT
Northern Dynasty Minerals
NAK
$753M
| $480K | ﹤0.01% |
+335,700
| New | +$690K |
2017 Q1
0 quarters
|
|
|
ECHO
2118
EchoStar
ECHO
$25.7B
| $478K | ﹤0.01% |
10,361
-304
| -3% | -$13.3K |
2014 Q3
10 quarters
|
|
|
SN
2119
CALL
DELISTED
Sanchez Energy Corporation
SN
| $477K | ﹤0.01% |
+50,000
| New | +$559K |
2017 Q1
0 quarters
|
|
2120
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $475K | ﹤0.01% |
9,435
+1,176
| +14% | +$58.2K |
2013 Q2
15 quarters
|
|
2121
NeoGenomics
NEO
$2.28B
| $473K | ﹤0.01% |
59,953
| – | – |
2014 Q2
11 quarters
|
|
|
ITCI
2122
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $473K | ﹤0.01% |
29,105
+25,464
| +699% | +$369K |
2015 Q3
6 quarters
|
|
2123
Braskem
BAK
$618M
| $472K | ﹤0.01% |
23,200
-100
| -0.4% | -$2.1K |
2016 Q3
2 quarters
|
|
2124
Vanguard Short-Term Treasury ETF
VGSH
$34.4B
| $470K | ﹤0.01% |
7,724
+7,465
| +2,882% | +$453K |
2016 Q2
3 quarters
|
|
2125
PUT
Ovintiv
OVV
$16.6B
| $468K | ﹤0.01% |
+8,000
| New | +$479K |
2017 Q1
0 quarters
|
|
Similar funds
Bank of Montreal's Q1 2017 Portfolio in Review
As of Q1 2017, Bank of Montreal held 4,409 positions worth $106B, up 11% from $95.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal deployed $5.28B of net new capital in Q1 2017, opening 309 new positions and adding to 1,513 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $463M trimmed.
- Bank of Montreal's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
- Bank of Montreal added most to Enbridge in Q1 2017, an estimated $695M increase.
- Bank of Montreal's biggest Q1 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $463M.
- Bank of Montreal fully exited NextEra Energy in Q1 2017, selling an estimated $55.5M.
- Bank of Montreal's ten largest holdings make up 24% of its $106B portfolio in Q1 2017.
- Bank of Montreal opened 309 new positions and closed 396 in Q1 2017.
- Bank of Montreal's portfolio value rose 11% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q1 2017, filed 11 Apr 2017.