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 |
Toronto Dominion Bank
TD
|
+$441M |
| 2 |
Brookfield
BN
|
+$350M |
| 3 |
Royal Bank of Canada
RY
|
+$335M |
| 4 |
Manulife Financial
MFC
|
+$281M |
| 5 |
Scotiabank
BNS
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$788M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$492M |
| 3 |
Blackstone
BX
|
+$441M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$406M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$405M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.57% |
| 2 | Technology | 10.16% |
| 3 | Energy | 9.49% |
| 4 | Industrials | 8.49% |
| 5 | Communication Services | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
Northwest Natural Holdings
NWN
$2.14B
| $813K | ﹤0.01% |
11,425
-46
| -0.4% | -$3.26K |
|
|
SFIX
2177
PUT
Stitch Fix
SFIX
$479M
| $812K | ﹤0.01% |
42,200
+25,400
| +151% | +$590K |
|
2178
iShares International Equity Factor ETF
INTF
$3.77B
| $811K | ﹤0.01% |
31,806
+2,097
| +7% | +$53.3K |
|
2179
Levi Strauss
LEVI
$8.68B
| $808K | ﹤0.01% |
42,450
+12,000
| +39% | +$223K |
|
|
THW
2180
abrdn World Healthcare Fund
THW
$564M
| $804K | ﹤0.01% |
+59,840
| New | +$794K |
|
|
CPE
2181
DELISTED
Callon Petroleum Company
CPE
| $801K | ﹤0.01% |
18,442
+5,901
| +47% | +$288K |
|
|
TERP
2182
DELISTED
TerraForm Power, Inc
TERP
| $801K | ﹤0.01% |
43,961
+19,584
| +80% | +$317K |
|
2183
Ameris Bancorp
ABCB
$6.02B
| $799K | ﹤0.01% |
19,829
-2,475
| -11% | -$93.3K |
|
2184
Conduent
CNDT
$236M
| $799K | ﹤0.01% |
128,458
+74,606
| +139% | +$577K |
|
2185
Outfront Media
OUT
$5.33B
| $792K | ﹤0.01% |
28,982
+6,735
| +30% | +$180K |
|
2186
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $791K | ﹤0.01% |
12,990
+7,676
| +144% | +$467K |
|
2187
MasTec
MTZ
$23.9B
| $789K | ﹤0.01% |
12,155
+1,803
| +17% | +$105K |
|
2188
CNX Resources
CNX
$5.28B
| $788K | ﹤0.01% |
108,534
-12,612
| -10% | -$94.4K |
|
2189
Resideo Technologies
REZI
$3.11B
| $787K | ﹤0.01% |
54,845
-93,698
| -63% | -$1.57M |
|
2190
Dorman Products
DORM
$4.05B
| $780K | ﹤0.01% |
9,813
+105
| +1% | +$8.15K |
|
2191
CACI
CACI
$14.8B
| $776K | ﹤0.01% |
3,355
+489
| +17% | +$105K |
|
2192
3D Systems Corp
DDD
$616M
| $774K | ﹤0.01% |
94,929
+388
| +0.4% | +$3.13K |
|
|
BBL
2193
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $774K | ﹤0.01% |
18,049
-68,055
| -79% | -$3.1M |
|
2194
City Holding Co
CHCO
$2.07B
| $773K | ﹤0.01% |
10,122
+53
| +0.5% | +$4K |
|
2195
PTC
PTC
$16.2B
| $768K | ﹤0.01% |
11,248
+2,233
| +25% | +$163K |
|
2196
Acadia Realty Trust
AKR
$2.86B
| $765K | ﹤0.01% |
26,756
+17,009
| +175% | +$474K |
|
2197
Star Bulk Carriers
SBLK
$3.24B
| $765K | ﹤0.01% |
76,000
+75,000
| +7,500% | +$764K |
|
2198
CALL
Veeva Systems
VEEV
$39.6B
| $763K | ﹤0.01% |
5,000
| – | – |
|
2199
Landstar System
LSTR
$6.45B
| $762K | ﹤0.01% |
6,773
-13,902
| -67% | -$1.53M |
|
2200
Natural Resource Partners
NRP
$1.39B
| $761K | ﹤0.01% |
30,016
+3,100
| +12% | +$90.9K |
|
Similar funds
Bank of Montreal's Q3 2019 Portfolio in Review
As of Q3 2019, Bank of Montreal held 5,215 positions worth $116B, down 2.6% from $119B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal withdrew a net $4.06B in Q3 2019, closing 466 positions and reducing 1,518 holdings. Its most notable exit was Andeavor Logistics LP, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
Against the trend, Bank of Montreal opened a new position in Vanguard Energy ETF worth $33.3M.
- Bank of Montreal's largest Q3 2019 buy was Vanguard Energy ETF: 426,934 shares worth $33.3M.
- Bank of Montreal added most to Toronto Dominion Bank in Q3 2019, an estimated $441M increase.
- Bank of Montreal's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $788M.
- Bank of Montreal fully exited Andeavor Logistics LP in Q3 2019, selling an estimated $115M.
- Bank of Montreal's ten largest holdings make up 21% of its $116B portfolio in Q3 2019.
- Bank of Montreal opened 284 new positions and closed 466 in Q3 2019.
- Bank of Montreal's portfolio value fell 2.6% quarter-over-quarter to $116B.
Based on Bank of Montreal's 13F filing for Q3 2019, filed 8 Nov 2019.