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 | |
|---|---|---|---|---|---|---|---|
2101
Vanguard Morningstar Mid-Cap ETF
VO
$104B
| $374K | ﹤0.01% |
11,804
-7,196
| -38% | -$298K |
2013 Q2
27 quarters
|
|
2102
RELX
RELX
$58.2B
| $371K | ﹤0.01% |
18,115
-89,429
| -83% | -$2.17M |
2015 Q2
19 quarters
|
|
2103
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.98B
| $370K | ﹤0.01% |
6,269
+1,469
| +31% | +$101K |
2016 Q3
14 quarters
|
|
2104
Organogenesis Holdings
ORGO
$180M
| $369K | ﹤0.01% |
124,106
+7,038
| +6% | +$30.1K |
2019 Q3
2 quarters
|
|
2105
iShares Russell Mid-Cap Value ETF
IWS
$14.9B
| $366K | ﹤0.01% |
5,962
+3,105
| +109% | +$266K |
2013 Q2
27 quarters
|
|
2106
PUT
Datadog
DDOG
$99.3B
| $363K | ﹤0.01% |
10,500
| – | – |
2019 Q4
1 quarter
|
|
2107
Vanguard Total World Stock ETF
VT
$80.5B
| $363K | ﹤0.01% |
5,918
-5,679
| -49% | -$428K |
2013 Q2
27 quarters
|
|
|
AUY
2108
CALL
DELISTED
Yamana Gold, Inc.
AUY
| $363K | ﹤0.01% |
119,100
-66,500
| -36% | -$251K |
2019 Q3
2 quarters
|
|
2109
CALL
NovaGold Resources
NG
$2.82B
| $362K | ﹤0.01% |
+44,200
| New | +$378K |
2020 Q1
0 quarters
|
|
2110
CALL
Aramark
ARMK
$14.4B
| $361K | ﹤0.01% |
+27,839
| New | +$733K |
2020 Q1
0 quarters
|
|
2111
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.28B
| – | – |
0
| – | – |
2016 Q1
16 quarters
|
|
|
2112
PUT
Aramark
ARMK
$14.4B
| $359K | ﹤0.01% |
+27,700
| New | +$729K |
2020 Q1
0 quarters
|
|
2113
CALL
DraftKings
DKNG
$9.61B
| $359K | ﹤0.01% |
+29,300
| New | +$419K |
2020 Q1
0 quarters
|
|
|
BEST
2114
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $358K | ﹤0.01% |
3,503
-2,520
| -42% | -$280K |
2017 Q4
9 quarters
|
|
|
FMBI
2115
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $357K | ﹤0.01% |
27,072
-14,447
| -35% | -$272K |
2017 Q2
11 quarters
|
|
|
TERP
2116
DELISTED
TerraForm Power, Inc
TERP
| $357K | ﹤0.01% |
24,168
-285,918
| -92% | -$4.98M |
2014 Q4
21 quarters
|
|
|
EOI
2117
Eaton Vance Enhanced Equity Income Fund
EOI
$815M
| $355K | ﹤0.01% |
+30,846
| New | +$451K |
2020 Q1
0 quarters
|
|
2118
Spotify
SPOT
$101B
| $355K | ﹤0.01% |
2,909
-31,630
| -92% | -$4.48M |
2018 Q2
7 quarters
|
|
|
X
2119
DELISTED
US Steel
X
| $355K | ﹤0.01% |
57,852
-221,272
| -79% | -$1.85M |
2013 Q2
27 quarters
|
|
|
SWN
2120
DELISTED
Southwestern Energy Company
SWN
| $355K | ﹤0.01% |
208,570
-350,706
| -63% | -$609K |
2013 Q2
27 quarters
|
|
|
APHA
2121
CALL
DELISTED
Aphria Inc. Common Shares
APHA
| $354K | ﹤0.01% |
122,500
-279,100
| -69% | -$1.11M |
2019 Q2
3 quarters
|
|
2122
Ameris Bancorp
ABCB
$5.38B
| $352K | ﹤0.01% |
15,365
-6,605
| -30% | -$236K |
2013 Q2
27 quarters
|
|
|
PRAH
2123
DELISTED
PRA Health Sciences, Inc.
PRAH
| $352K | ﹤0.01% |
4,615
-3,940
| -46% | -$384K |
2015 Q2
19 quarters
|
|
2124
Cadiz
CDZI
$313M
| $350K | ﹤0.01% |
30,000
+28,259
| +1,623% | +$275K |
2018 Q2
7 quarters
|
|
|
2125
PUT
Cadiz
CDZI
$313M
| $350K | ﹤0.01% |
+30,000
| New | +$292K |
2020 Q1
0 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.