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 |
Chevron
CVX
|
+$267M |
| 2 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$235M |
| 3 |
AABA
Altaba Inc
AABA
|
+$207M |
| 4 |
WCN
Waste Connections
WCN
|
+$192M |
| 5 |
Blackstone
BX
|
+$187M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$761M |
| 2 |
Royal Bank of Canada
RY
|
+$340M |
| 3 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$298M |
| 4 |
EOG Resources
EOG
|
+$262M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.12% |
| 2 | Energy | 11.11% |
| 3 | Industrials | 8.35% |
| 4 | Communication Services | 7.96% |
| 5 | Technology | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2101
NexGen Energy
NXE
$7.08B
| $775K | ﹤0.01% |
+353,972
| New | +$769K |
|
2102
iShares ESG Optimized MSCI USA ETF
SUSA
$4.2B
| $769K | ﹤0.01% |
15,046
+1,486
| +11% | +$74.7K |
|
|
WP
2103
DELISTED
Worldpay, Inc.
WP
| $767K | ﹤0.01% |
12,101
-51,922
| -81% | -$3.26M |
|
|
CVRR
2104
DELISTED
CVR Refining, LP
CVRR
| $766K | ﹤0.01% |
+80,600
| New | +$775K |
|
|
CAB
2105
DELISTED
Cabela's Inc
CAB
| $765K | ﹤0.01% |
12,863
-2,657
| -17% | -$147K |
|
2106
Pitney Bowes
PBI
$2.26B
| $764K | ﹤0.01% |
50,592
-1,364
| -3% | -$19.9K |
|
2107
Upbound Group
UPBD
$1.14B
| $762K | ﹤0.01% |
65,041
| – | – |
|
|
BDN
2108
CALL
Brandywine Realty Trust
BDN
$542M
| $761K | ﹤0.01% |
43,400
+17,400
| +67% | +$299K |
|
2109
BlackRock TCP Capital
TCPC
$343M
| $761K | ﹤0.01% |
+45,000
| New | +$765K |
|
2110
Bloomin' Brands
BLMN
$914M
| $758K | ﹤0.01% |
35,703
+1,221
| +4% | +$25.2K |
|
2111
State Street SPDR ICE Preferred Securities ETF
PSK
$684M
| $758K | ﹤0.01% |
16,853
+8,604
| +104% | +$386K |
|
|
BSJK
2112
DELISTED
Invesco BulletShares 2020 High Yield Corporate Bond ETF
BSJK
| $755K | ﹤0.01% |
30,370
+4,809
| +19% | +$119K |
|
|
JHG
2113
DELISTED
Janus Henderson
JHG
| $754K | ﹤0.01% |
+22,773
| New | +$745K |
|
2114
Matador Resources
MTDR
$6.61B
| $752K | ﹤0.01% |
35,152
-3,854
| -10% | -$87.5K |
|
2115
CPI Card Group
PMTS
$329M
| $751K | ﹤0.01% |
52,713
+46,533
| +753% | +$664K |
|
|
SPLK
2116
DELISTED
Splunk Inc
SPLK
| $747K | ﹤0.01% |
13,147
-90,315
| -87% | -$5.62M |
|
2117
Independent Bank Corp
IBCP
$854M
| $744K | ﹤0.01% |
34,196
-3,472
| -9% | -$73.4K |
|
2118
SLM Corp
SLM
$5.24B
| $743K | ﹤0.01% |
64,626
-21,169
| -25% | -$241K |
|
2119
Turkcell
TKC
$4.69B
| $738K | ﹤0.01% |
89,956
+77,498
| +622% | +$644K |
|
|
PEGI
2120
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $737K | ﹤0.01% |
30,921
+6,196
| +25% | +$139K |
|
|
NSA
2121
DELISTED
National Storage Affiliates Trust
NSA
| $735K | ﹤0.01% |
31,805
+5,738
| +22% | +$138K |
|
2122
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $721K | ﹤0.01% |
4,943
+636
| +15% | +$91.1K |
|
2123
Sally Beauty Holdings
SBH
$1.55B
| $720K | ﹤0.01% |
35,584
+2,752
| +8% | +$53.1K |
|
2124
CALL
EPR Properties
EPR
$4.73B
| $719K | ﹤0.01% |
10,000
-2,900
| -22% | -$211K |
|
2125
New York Times
NYT
$10.4B
| $718K | ﹤0.01% |
40,530
-970
| -2% | -$15.9K |
|
Similar funds
Bank of Montreal's Q2 2017 Portfolio in Review
As of Q2 2017, Bank of Montreal held 4,472 positions worth $104B, down 1.2% from $106B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $3.22B in Q2 2017, closing 256 positions and reducing 1,448 holdings. Its most notable exit was Energy Transfer Partners L.p., an estimated $298M position sold in full.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Energy and Industrials.
Against the trend, Bank of Montreal opened a new position in Altaba Inc worth $207M.
- Bank of Montreal's largest Q2 2017 buy was Altaba Inc: 3,800,131 shares worth $207M.
- Bank of Montreal added most to Chevron in Q2 2017, an estimated $267M increase.
- Bank of Montreal's biggest Q2 2017 reduction was Toronto Dominion Bank, cutting an estimated $761M.
- Bank of Montreal fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $298M.
- Bank of Montreal's ten largest holdings make up 21% of its $104B portfolio in Q2 2017.
- Bank of Montreal opened 460 new positions and closed 256 in Q2 2017.
- Bank of Montreal's portfolio value fell 1.2% quarter-over-quarter to $104B.
Based on Bank of Montreal's 13F filing for Q2 2017, filed 11 Jul 2017.