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 |
AABA
Altaba Inc
AABA
|
+$616M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$239M |
| 3 |
DuPont de Nemours
DD
|
+$227M |
| 4 |
AbbVie
ABBV
|
+$223M |
| 5 |
General Motors
GM
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mondelez International
MDLZ
|
+$299M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$284M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$229M |
| 4 |
BP
BP
|
+$216M |
| 5 |
Air Products & Chemicals
APD
|
+$204M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.73% |
| 2 | Energy | 10.69% |
| 3 | Technology | 8.65% |
| 4 | Industrials | 8.51% |
| 5 | Communication Services | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
State Street
STT
$51.3B
| $99M | 0.09% |
1,036,289
+222,856
| +27% | +$20.8M |
|
|
202
Mondelez International
MDLZ
$78.5B
| $98.5M | 0.09% |
2,422,455
-7,043,839
| -74% | -$299M |
|
|
BPL
203
DELISTED
Buckeye Partners, L.P.
BPL
| $98.1M | 0.09% |
1,721,500
+85,058
| +5% | +$5.05M |
|
|
HRC
204
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $97.8M | 0.09% |
1,321,413
+313,888
| +31% | +$24.2M |
|
|
RDS.A
205
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $97.4M | 0.09% |
1,607,323
+1,130,930
| +237% | +$63.2M |
|
206
iShares S&P 500 Growth ETF
IVW
$77.4B
| $95.7M | 0.09% |
2,670,344
+1,662,840
| +165% | +$58.6M |
|
207
iShares Expanded Tech Sector ETF
IGM
$10.8B
| $95.5M | 0.09% |
3,688,200
+149,496
| +4% | +$3.78M |
|
208
Illinois Tool Works
ITW
$83.9B
| $94.9M | 0.09% |
641,311
-106,575
| -14% | -$15.2M |
|
209
Goldman Sachs
GS
$301B
| $94.7M | 0.09% |
399,461
+6,997
| +2% | +$1.58M |
|
210
Duke Energy
DUK
$94.5B
| $94.5M | 0.09% |
1,126,451
-75,923
| -6% | -$6.5M |
|
211
iShares Core S&P Small-Cap ETF
IJR
$112B
| $94.3M | 0.09% |
1,270,683
+5,474
| +0.4% | +$384K |
|
212
Vanguard Dividend Appreciation ETF
VIG
$114B
| $94M | 0.09% |
991,488
+6,178
| +0.6% | +$576K |
|
213
Northern Trust
NTRS
$34.4B
| $94M | 0.09% |
1,022,142
-65,619
| -6% | -$5.93M |
|
214
NOV
NOV
$7.38B
| $92.7M | 0.08% |
2,595,248
+208,869
| +9% | +$6.82M |
|
215
Southern Company
SO
$105B
| $92.4M | 0.08% |
1,879,811
+144,835
| +8% | +$7.02M |
|
216
PUT
BCE
BCE
$21B
| $92.3M | 0.08% |
1,970,400
+284,000
| +17% | +$13.3M |
|
217
Waste Management
WM
$90.6B
| $90.8M | 0.08% |
1,159,787
+432,997
| +60% | +$32.9M |
|
218
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $90.2M | 0.08% |
2,454,528
+2,306,124
| +1,554% | +$83.2M |
|
219
Target
TGT
$69B
| $89.1M | 0.08% |
1,509,963
+161,201
| +12% | +$9.03M |
|
220
Allison Transmission
ALSN
$10.3B
| $89.1M | 0.08% |
2,373,278
+165,763
| +8% | +$6.04M |
|
|
RTN
221
DELISTED
Raytheon Company
RTN
| $89M | 0.08% |
476,897
+168,707
| +55% | +$29.7M |
|
222
Moody's
MCO
$82.8B
| $88.5M | 0.08% |
635,990
+281,567
| +79% | +$37M |
|
223
Vanguard S&P 500 ETF
VOO
$1.03T
| $87.7M | 0.08% |
380,012
+7,640
| +2% | +$1.73M |
|
224
Constellation Brands
STZ
$22.8B
| $87.4M | 0.08% |
438,167
+339,474
| +344% | +$67.2M |
|
225
NextEra Energy
NEE
$177B
| $87.2M | 0.08% |
2,379,472
-6,960
| -0.3% | -$255K |
|
Similar funds
Bank of Montreal's Q3 2017 Portfolio in Review
As of Q3 2017, Bank of Montreal held 4,520 positions worth $109B, up 4.7% from $104B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Bank of Montreal's Q3 2017 filing shows 258 new, 1,597 increased, 1,464 reduced and 295 closed positions. Its largest new stake was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M. The largest sale was Mondelez International, an estimated $299M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, up from 26% a quarter earlier, followed by Energy and Technology.
- Bank of Montreal's largest Q3 2017 buy was Kirkland Lake Gold Ltd Ordinary: 1,602,606 shares worth $20.7M.
- Bank of Montreal added most to Altaba Inc in Q3 2017, an estimated $616M increase.
- Bank of Montreal's biggest Q3 2017 reduction was Mondelez International, cutting an estimated $299M.
- Bank of Montreal fully exited Reynolds American Inc in Q3 2017, selling an estimated $229M.
- Bank of Montreal's ten largest holdings make up 21% of its $109B portfolio in Q3 2017.
- Bank of Montreal opened 258 new positions and closed 295 in Q3 2017.
- Bank of Montreal's portfolio value rose 4.7% quarter-over-quarter to $109B.
Based on Bank of Montreal's 13F filing for Q3 2017, filed 16 Oct 2017.