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 | |
|---|---|---|---|---|---|---|
|
DDMX
2201
DELISTED
DD3 Acquisition Corp. S A de CV
DDMX
| $761K | ﹤0.01% |
75,000
| – | – |
|
2202
Allegiant Air
ALGT
$2.34B
| $756K | ﹤0.01% |
5,062
+31
| +0.6% | +$4.54K |
|
|
SLAI
2203
DELISTED
SOLAI Ltd ADS
SLAI
| $756K | ﹤0.01% |
1,013
-48
| -5% | -$33.9K |
|
2204
Erie Indemnity
ERIE
$13.4B
| $755K | ﹤0.01% |
4,063
+117
| +3% | +$26.6K |
|
2205
MSC Industrial Direct
MSM
$6.91B
| $755K | ﹤0.01% |
10,399
-516
| -5% | -$36.1K |
|
2206
Exponent
EXPO
$3.19B
| $750K | ﹤0.01% |
10,737
+293
| +3% | +$19.8K |
|
|
HQL
2207
abrdn Life Sciences Investors
HQL
$646M
| $750K | ﹤0.01% |
49,665
+15,670
| +46% | +$251K |
|
2208
AMN Healthcare
AMN
$1.34B
| $749K | ﹤0.01% |
13,018
+333
| +3% | +$18.4K |
|
|
CDK
2209
DELISTED
CDK Global, Inc.
CDK
| $749K | ﹤0.01% |
15,566
+4,119
| +36% | +$197K |
|
|
FMBI
2210
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $749K | ﹤0.01% |
38,383
-2,163
| -5% | -$43K |
|
2211
Chegg
CHGG
$88.9M
| $748K | ﹤0.01% |
24,969
-67
| -0.3% | -$2.66K |
|
2212
Upwork
UPWK
$1.06B
| $748K | ﹤0.01% |
56,217
+18,700
| +50% | +$285K |
|
|
THS
2213
DELISTED
Treehouse Foods
THS
| $746K | ﹤0.01% |
13,448
+248
| +2% | +$13.6K |
|
|
EOI
2214
Eaton Vance Enhanced Equity Income Fund
EOI
$824M
| $745K | ﹤0.01% |
49,178
+8,833
| +22% | +$133K |
|
2215
iShares Russell 3000 ETF
IWV
$20.5B
| $742K | ﹤0.01% |
4,273
-13,282
| -76% | -$2.3M |
|
2216
Liberty Latin America Class A
LILA
$1.69B
| $742K | ﹤0.01% |
67,905
+59,870
| +745% | +$644K |
|
2217
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $742K | ﹤0.01% |
17,716
-266,508
| -94% | -$11.1M |
|
2218
PUT
DXC Technology
DXC
$1.72B
| $738K | ﹤0.01% |
+25,000
| New | +$1.07M |
|
2219
Cullen/Frost Bankers
CFR
$10.6B
| $737K | ﹤0.01% |
8,332
-25,060
| -75% | -$2.22M |
|
2220
Sonoco
SON
$5.76B
| $737K | ﹤0.01% |
12,681
+952
| +8% | +$56.7K |
|
2221
B&G Foods
BGS
$294M
| $736K | ﹤0.01% |
38,942
+2,527
| +7% | +$48.5K |
|
|
ELME
2222
Elme Communities
ELME
$144M
| $731K | ﹤0.01% |
26,733
+3,390
| +15% | +$91.6K |
|
|
QTS
2223
DELISTED
QTS REALTY TRUST, INC.
QTS
| $731K | ﹤0.01% |
14,209
+229
| +2% | +$10.9K |
|
2224
Diamondrock Hospitality Co
DRH
$2.53B
| $730K | ﹤0.01% |
71,254
+6,704
| +10% | +$66.1K |
|
2225
Nomura Holdings
NMR
$28.7B
| $730K | ﹤0.01% |
171,770
+14,066
| +9% | +$53.4K |
|
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.