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 | Miscellaneous | 8.69% |
| 5 | Industrials | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
DDMX
2201
DELISTED
DD3 Acquisition Corp. S A de CV
DDMX
| $761K | ﹤0.01% |
75,000
| – | – |
2019 Q1
2 quarters
|
|
2202
Allegiant Air
ALGT
$2.12B
| $756K | ﹤0.01% |
5,062
+31
| +0.6% | +$4.54K |
2013 Q2
25 quarters
|
|
|
SLAI
2203
DELISTED
SOLAI Ltd ADS
SLAI
| $756K | ﹤0.01% |
1,013
-48
| -5% | -$33.9K |
2017 Q3
8 quarters
|
|
2204
Erie Indemnity
ERIE
$11.5B
| $755K | ﹤0.01% |
4,063
+117
| +3% | +$26.6K |
2013 Q2
25 quarters
|
|
2205
MSC Industrial Direct
MSM
$7.34B
| $755K | ﹤0.01% |
10,399
-516
| -5% | -$36.1K |
2013 Q2
25 quarters
|
|
2206
Exponent
EXPO
$3.26B
| $750K | ﹤0.01% |
10,737
+293
| +3% | +$19.8K |
2013 Q2
25 quarters
|
|
|
HQL
2207
abrdn Life Sciences Investors
HQL
$542M
| $750K | ﹤0.01% |
49,665
+15,670
| +46% | +$251K |
2018 Q3
4 quarters
|
|
2208
AMN Healthcare
AMN
$1.42B
| $749K | ﹤0.01% |
13,018
+333
| +3% | +$18.4K |
2013 Q2
25 quarters
|
|
|
CDK
2209
DELISTED
CDK Global, Inc.
CDK
| $749K | ﹤0.01% |
15,566
+4,119
| +36% | +$197K |
2014 Q4
19 quarters
|
|
|
FMBI
2210
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $749K | ﹤0.01% |
38,383
-2,163
| -5% | -$43K |
2017 Q2
9 quarters
|
|
2211
Chegg
CHGG
$82.7M
| $748K | ﹤0.01% |
24,969
-67
| -0.3% | -$2.66K |
2018 Q2
5 quarters
|
|
2212
Upwork
UPWK
$1.01B
| $748K | ﹤0.01% |
56,217
+18,700
| +50% | +$285K |
2019 Q1
2 quarters
|
|
|
THS
2213
DELISTED
Treehouse Foods
THS
| $746K | ﹤0.01% |
13,448
+248
| +2% | +$13.6K |
2013 Q2
25 quarters
|
|
|
EOI
2214
Eaton Vance Enhanced Equity Income Fund
EOI
$814M
| $745K | ﹤0.01% |
49,178
+8,833
| +22% | +$133K |
2019 Q1
2 quarters
|
|
2215
iShares Russell 3000 ETF
IWV
$20.3B
| $742K | ﹤0.01% |
4,273
-13,282
| -76% | -$2.3M |
2013 Q2
25 quarters
|
|
2216
Liberty Latin America Class A
LILA
$1.65B
| $742K | ﹤0.01% |
67,905
+59,870
| +745% | +$644K |
2015 Q3
16 quarters
|
|
2217
Vanguard Morningstar Mid-Cap ETF
VO
$104B
| $742K | ﹤0.01% |
17,716
-266,508
| -94% | -$11.1M |
2013 Q2
25 quarters
|
|
2218
PUT
DXC Technology
DXC
$1.8B
| $738K | ﹤0.01% |
+25,000
| New | +$1.07M |
2019 Q3
0 quarters
|
|
2219
Cullen/Frost Bankers
CFR
$9.6B
| $737K | ﹤0.01% |
8,332
-25,060
| -75% | -$2.22M |
2013 Q2
25 quarters
|
|
2220
Sonoco
SON
$4.79B
| $737K | ﹤0.01% |
12,681
+952
| +8% | +$56.7K |
2013 Q2
25 quarters
|
|
2221
B&G Foods
BGS
$228M
| $736K | ﹤0.01% |
38,942
+2,527
| +7% | +$48.5K |
2013 Q2
25 quarters
|
|
|
ELME
2222
Elme Communities
ELME
$156M
| $731K | ﹤0.01% |
26,733
+3,390
| +15% | +$91.6K |
2013 Q2
25 quarters
|
|
|
QTS
2223
DELISTED
QTS REALTY TRUST, INC.
QTS
| $731K | ﹤0.01% |
14,209
+229
| +2% | +$10.9K |
2014 Q2
21 quarters
|
|
2224
Diamondrock Hospitality Co
DRH
$2.57B
| $730K | ﹤0.01% |
71,254
+6,704
| +10% | +$66.1K |
2013 Q2
25 quarters
|
|
2225
Nomura Holdings
NMR
$28.3B
| $730K | ﹤0.01% |
171,770
+14,066
| +9% | +$53.4K |
2015 Q3
16 quarters
|
|
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's Q3 2019 filing shows 284 new, 2,531 increased, 1,518 reduced and 466 closed positions. Its largest new stake was Vanguard Energy ETF: 426,934 shares worth $33.3M. The largest sale was Altaba Inc, an estimated $788M.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
- 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.