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 |
Mastercard
MA
|
+$512M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$458M |
| 3 |
Toronto Dominion Bank
TD
|
+$275M |
| 4 |
Shopify
SHOP
|
+$265M |
| 5 |
TC Energy
TRP
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$202M |
| 3 |
Restaurant Brands International
QSR
|
+$198M |
| 4 |
Canadian Natural Resources
CNQ
|
+$121M |
| 5 |
Invitation Homes
INVH
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.93% |
| 2 | Technology | 14.17% |
| 3 | Healthcare | 8.07% |
| 4 | Communication Services | 7.94% |
| 5 | Industrials | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
Radian Group
RDN
$4.98B
| $551K | ﹤0.01% |
41,667
+20,592
| +98% | +$305K |
|
|
WCC
2202
WESCO International
WCC
$17.6B
| $551K | ﹤0.01% |
15,774
+13,491
| +591% | +$403K |
|
|
MNR
2203
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $548K | ﹤0.01% |
40,185
+4,872
| +14% | +$63.2K |
|
|
HDV
2204
iShares Core High Dividend ETF
HDV
$15.1B
| $547K | ﹤0.01% |
34,335
-3,250
| -9% | -$52.5K |
|
2205
News Corp Class B
NWS
$17.9B
| $546K | ﹤0.01% |
46,613
+9,773
| +27% | +$106K |
|
|
NBL
2206
CALL
DELISTED
Noble Energy, Inc.
NBL
| $546K | ﹤0.01% |
+63,200
| New | +$565K |
|
2207
Healthcare Services Group
HCSG
$1.48B
| $545K | ﹤0.01% |
22,905
+10,528
| +85% | +$249K |
|
2208
CALL
Twist Bioscience
TWST
$7.44B
| $545K | ﹤0.01% |
+9,700
| New | +$348K |
|
2209
Zai Lab
ZLAB
$2.91B
| $545K | ﹤0.01% |
6,099
+2,057
| +51% | +$139K |
|
|
SAFM
2210
DELISTED
Sanderson Farms Inc
SAFM
| $544K | ﹤0.01% |
4,882
+2,385
| +96% | +$307K |
|
2211
Ingevity
NGVT
$2.64B
| $543K | ﹤0.01% |
10,538
+4,146
| +65% | +$197K |
|
2212
Selective Insurance
SIGI
$5.62B
| $542K | ﹤0.01% |
10,577
+6,701
| +173% | +$339K |
|
|
STMP
2213
DELISTED
Stamps.com, Inc.
STMP
| $541K | ﹤0.01% |
2,581
+1,480
| +134% | +$253K |
|
2214
BOK Financial
BOKF
$8.88B
| $540K | ﹤0.01% |
10,832
-27,114
| -71% | -$1.39M |
|
2215
LivePerson
LPSN
$35.2M
| $540K | ﹤0.01% |
820
+397
| +94% | +$185K |
|
|
HTBK
2216
DELISTED
Heritage Commerce
HTBK
| $539K | ﹤0.01% |
83,652
+7,844
| +10% | +$61.5K |
|
|
KW
2217
DELISTED
Kennedy-Wilson Holdings
KW
| $538K | ﹤0.01% |
36,987
+5,271
| +17% | +$75.9K |
|
|
CLGX
2218
DELISTED
Corelogic, Inc.
CLGX
| $537K | ﹤0.01% |
7,948
+3,294
| +71% | +$146K |
|
|
STON
2219
DELISTED
StoneMor Inc.
STON
| $536K | ﹤0.01% |
755,851
| – | – |
|
2220
Bridgewater Bancshares
BWB
$620M
| $535K | ﹤0.01% |
59,396
+4,188
| +8% | +$40.5K |
|
2221
New York Times
NYT
$10.4B
| $535K | ﹤0.01% |
12,534
+7,048
| +128% | +$256K |
|
2222
Banco Santander
SAN
$211B
| $535K | ﹤0.01% |
230,539
+5,552
| +2% | +$12.1K |
|
|
SRCL
2223
DELISTED
Stericycle Inc
SRCL
| $535K | ﹤0.01% |
10,199
+4,092
| +67% | +$213K |
|
2224
Community Bank
CBU
$3.46B
| $531K | ﹤0.01% |
10,153
+5,598
| +123% | +$329K |
|
|
ATCO
2225
DELISTED
Atlas Corp.
ATCO
| $530K | ﹤0.01% |
75,218
+74,260
| +7,752% | +$540K |
|
Similar funds
Bank of Montreal's Q2 2020 Portfolio in Review
As of Q2 2020, Bank of Montreal held 4,997 positions worth $110B, up 26% from $87.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2020 filing shows 848 new, 2,326 increased, 1,132 reduced and 339 closed positions. Its largest new stake was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M. The largest sale was Amazon, an estimated $363M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Technology and Healthcare.
- Bank of Montreal's largest Q2 2020 buy was iShares AAA-A Rated Corporate Bond ETF: 781,910 shares worth $45.7M.
- Bank of Montreal added most to Mastercard in Q2 2020, an estimated $512M increase.
- Bank of Montreal's biggest Q2 2020 reduction was Amazon, cutting an estimated $363M.
- Bank of Montreal fully exited Allergan plc in Q2 2020, selling an estimated $94M.
- Bank of Montreal's ten largest holdings make up 22% of its $110B portfolio in Q2 2020.
- Bank of Montreal opened 848 new positions and closed 339 in Q2 2020.
- Bank of Montreal's portfolio value rose 26% quarter-over-quarter to $110B.
Based on Bank of Montreal's 13F filing for Q2 2020, filed 12 Aug 2020.