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 |
Pfizer
PFE
|
+$219M |
| 2 |
Canadian National Railway
CNI
|
+$202M |
| 3 |
Mondelez International
MDLZ
|
+$154M |
| 4 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$152M |
| 5 |
Boeing
BA
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
+$532M |
| 2 |
Apple
AAPL
|
+$513M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$260M |
| 4 |
Medtronic
MDT
|
+$240M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$238M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.9% |
| 2 | Energy | 9.63% |
| 3 | Healthcare | 9.28% |
| 4 | Technology | 7.81% |
| 5 | Industrials | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Morgan Stanley
MS
$344B
| $66.2M | 0.09% |
2,101,451
-401,089
| -16% | -$14.6M |
|
202
Carnival Corporation Ltd
CCL
$37.7B
| $65.5M | 0.09% |
1,317,562
+21,382
| +2% | +$1.09M |
|
203
Cameco
CCJ
$43.6B
| $64.3M | 0.09% |
5,284,871
-311,896
| -6% | -$4.22M |
|
204
Simon Property Group
SPG
$71.1B
| $64.2M | 0.09% |
349,386
-280,148
| -45% | -$51.4M |
|
205
Wheaton Precious Metals
WPM
$61.8B
| $63.4M | 0.09% |
5,278,159
-235,898
| -4% | -$3.08M |
|
|
CAM
206
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $63.1M | 0.09% |
1,028,942
-1,485,766
| -59% | -$82M |
|
|
FISV
207
Fiserv Inc
FISV
$27.3B
| $62.8M | 0.09% |
1,450,860
-816,662
| -36% | -$35.3M |
|
208
Kohl's
KSS
$2.12B
| $62.8M | 0.09% |
1,356,015
-7,187
| -0.5% | -$404K |
|
209
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $62.4M | 0.09% |
783,134
+35,587
| +5% | +$2.83M |
|
210
Qualcomm
QCOM
$173B
| $62.3M | 0.09% |
1,159,488
-156,155
| -12% | -$9.28M |
|
211
T. Rowe Price
TROW
$23.9B
| $62M | 0.09% |
891,993
-1,025,774
| -53% | -$76M |
|
212
FedEx
FDX
$76.8B
| $61.8M | 0.09% |
429,332
-1,101,014
| -72% | -$176M |
|
213
Skyworks Solutions
SWKS
$10.2B
| $61.8M | 0.09% |
733,974
-262,219
| -26% | -$24M |
|
214
Honeywell
HON
$72.7B
| $61.3M | 0.08% |
720,269
-99,024
| -12% | -$9.01M |
|
215
Lincoln National
LNC
$8.44B
| $61.2M | 0.08% |
1,289,575
-3,578
| -0.3% | -$192K |
|
216
Becton Dickinson
BDX
$48.6B
| $61M | 0.08% |
471,262
+177,694
| +61% | +$24.8M |
|
217
Vanguard Dividend Appreciation ETF
VIG
$115B
| $60.9M | 0.08% |
826,135
-184,836
| -18% | -$14.3M |
|
218
Moody's
MCO
$82.5B
| $60.3M | 0.08% |
613,606
+116,383
| +23% | +$12.4M |
|
219
Berkshire Hathaway Class A
BRK.A
$1.1T
| $59.2M | 0.08% |
303
-16
| -5% | -$3.3M |
|
220
Jacobs Solutions
J
$17.1B
| $59.2M | 0.08% |
1,910,690
+868,933
| +83% | +$29.1M |
|
221
Kimberly-Clark
KMB
$35.8B
| $58.9M | 0.08% |
539,969
+39,058
| +8% | +$4.31M |
|
222
KeyCorp
KEY
$24.3B
| $58.8M | 0.08% |
4,521,527
+940,426
| +26% | +$13.4M |
|
223
Cardinal Health
CAH
$55.3B
| $58.5M | 0.08% |
761,261
+56,023
| +8% | +$4.68M |
|
224
Goldman Sachs
GS
$307B
| $58.2M | 0.08% |
334,864
-59,881
| -15% | -$11.7M |
|
225
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $58M | 0.08% |
+500,000
| New | +$57.8M |
|
Similar funds
Bank of Montreal's Q3 2015 Portfolio in Review
As of Q3 2015, Bank of Montreal held 4,426 positions worth $72.4B, down 15% from $85.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal withdrew a net $4.83B in Q3 2015, closing 296 positions and reducing 1,697 holdings. Its most notable exit was KRAFT FOODS GROUP INC COM STK (VA), an estimated $260M position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 27% a quarter earlier, followed by Energy and Healthcare.
Against the trend, Bank of Montreal opened a new position in PayPal worth $66.3M.
- Bank of Montreal's largest Q3 2015 buy was PayPal: 2,136,404 shares worth $66.3M.
- Bank of Montreal added most to Pfizer in Q3 2015, an estimated $219M increase.
- Bank of Montreal's biggest Q3 2015 reduction was Express Scripts Holding Company, cutting an estimated $532M.
- Bank of Montreal fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $260M.
- Bank of Montreal's ten largest holdings make up 23% of its $72.4B portfolio in Q3 2015.
- Bank of Montreal opened 378 new positions and closed 296 in Q3 2015.
- Bank of Montreal's portfolio value fell 15% quarter-over-quarter to $72.4B.
Based on Bank of Montreal's 13F filing for Q3 2015, filed 12 Nov 2015.