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 | |
|---|---|---|---|---|---|---|---|
2201
Urban Edge Properties
UE
$2.49B
| $398K | ﹤0.01% |
14,672
+4,895
| +50% | +$130K |
2015 Q2
6 quarters
|
|
|
WBT
2202
DELISTED
Welbilt, Inc.
WBT
| $398K | ﹤0.01% |
22,445
+4,541
| +25% | +$77.5K |
2016 Q1
3 quarters
|
|
|
ENIA
2203
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $398K | ﹤0.01% |
49,825
-42,793
| -46% | -$356K |
2014 Q1
11 quarters
|
|
2204
Keysight
KEYS
$65.8B
| $397K | ﹤0.01% |
10,744
+3,541
| +49% | +$122K |
2015 Q1
7 quarters
|
|
|
SWN
2205
CALL
DELISTED
Southwestern Energy Company
SWN
| $397K | ﹤0.01% |
+35,000
| New | +$401K |
2016 Q4
0 quarters
|
|
|
DMC
2206
Del Monte Corp
DMC
$1.39B
| $396K | ﹤0.01% |
6,380
-298
| -4% | -$18.3K |
2013 Q2
14 quarters
|
|
|
GRA
2207
DELISTED
W.R. Grace & Co.
GRA
| $396K | ﹤0.01% |
6,049
-60,102
| -91% | -$4.11M |
2013 Q2
14 quarters
|
|
2208
VirnetX Holding Corp
VHC
$42.2M
| $394K | ﹤0.01% |
6,250
-750
| -11% | -$46.7K |
2015 Q3
5 quarters
|
|
|
2209
PUT
VirnetX Holding Corp
VHC
$42.2M
| $394K | ﹤0.01% |
6,250
-750
| -11% | -$46.7K |
2016 Q1
3 quarters
|
|
2210
iShares MSCI Pacific ex Japan ETF
EPP
$2.19B
| $392K | ﹤0.01% |
9,550
| – | – |
2013 Q2
14 quarters
|
|
2211
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.13B
| $391K | ﹤0.01% |
7,825
-36,825
| -82% | -$1.85M |
2015 Q2
6 quarters
|
|
|
CHU
2212
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $390K | ﹤0.01% |
32,477
-12,110
| -27% | -$143K |
2013 Q2
14 quarters
|
|
|
AVNS
2213
DELISTED
Avanos Medical
AVNS
| $388K | ﹤0.01% |
10,454
+1,846
| +21% | +$66K |
2015 Q1
7 quarters
|
|
2214
CALL
B2Gold
BTG
$6.83B
| $388K | ﹤0.01% |
+160,300
| New | +$398K |
2016 Q4
0 quarters
|
|
2215
Texas Pacific Land
TPL
$23.3B
| $387K | ﹤0.01% |
11,709
| – | – |
2013 Q2
14 quarters
|
|
2216
Ericsson
ERIC
$30.3B
| $385K | ﹤0.01% |
75,266
+23,604
| +46% | +$130K |
2013 Q2
14 quarters
|
|
2217
iShares US Pharmaceuticals ETF
IHE
$1.6B
| $385K | ﹤0.01% |
8,259
-5,430
| -40% | -$258K |
2013 Q2
14 quarters
|
|
|
JOY
2218
DELISTED
Joy Global Inc
JOY
| $385K | ﹤0.01% |
13,736
-41,024
| -75% | -$1.15M |
2013 Q2
14 quarters
|
|
2219
Grand Canyon Education
LOPE
$4.05B
| $384K | ﹤0.01% |
6,730
+303
| +5% | +$15.5K |
2013 Q2
14 quarters
|
|
|
EBSB
2220
DELISTED
Meridian Bancorp, Inc.
EBSB
| $384K | ﹤0.01% |
21,634
+121
| +0.6% | +$2.06K |
2014 Q4
8 quarters
|
|
2221
Group 1 Automotive
GPI
$2.98B
| $381K | ﹤0.01% |
5,252
-34
| -0.6% | -$2.33K |
2013 Q2
14 quarters
|
|
2222
Braskem
BAK
$602M
| $380K | ﹤0.01% |
23,300
-20,500
| -47% | -$362K |
2016 Q3
1 quarter
|
|
2223
Primerica
PRI
$8.52B
| $379K | ﹤0.01% |
5,362
+2,317
| +76% | +$147K |
2013 Q2
14 quarters
|
|
2224
CALL
ConocoPhillips
COP
$152B
| $378K | ﹤0.01% |
7,790
-34,410
| -82% | -$1.59M |
2016 Q1
3 quarters
|
|
2225
H.B. Fuller
FUL
$2.73B
| $378K | ﹤0.01% |
8,054
-550
| -6% | -$25.5K |
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.