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
|
+$194M |
| 2 |
Oracle
ORCL
|
+$159M |
| 3 |
AutoZone
AZO
|
+$159M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$157M |
| 5 |
Merck
MRK
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$881M |
| 2 |
Blackstone
BX
|
+$367M |
| 3 |
Toronto Dominion Bank
TD
|
+$297M |
| 4 |
Scotiabank
BNS
|
+$264M |
| 5 |
Netflix
NFLX
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.68% |
| 2 | Technology | 10.17% |
| 3 | Energy | 8.75% |
| 4 | Industrials | 7.94% |
| 5 | Communication Services | 7.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CALL
iShares MSCI EAFE ETF
EFA
$79.9B
| $105M | 0.09% |
+1,592,800
| New | +$104M |
|
|
BERY
202
DELISTED
Berry Global Group, Inc.
BERY
| $104M | 0.09% |
2,145,652
-471,048
| -18% | -$22.7M |
|
203
Prudential Financial
PRU
$42.2B
| $103M | 0.09% |
1,022,752
-744,420
| -42% | -$74.2M |
|
204
CME Group
CME
$93.2B
| $103M | 0.09% |
530,335
-239,350
| -31% | -$44.1M |
|
205
Kohl's
KSS
$2.1B
| $101M | 0.09% |
2,133,771
+175,028
| +9% | +$10.6M |
|
206
United Rentals
URI
$71.2B
| $101M | 0.09% |
761,607
+162,709
| +27% | +$20.7M |
|
207
UBS Group
UBS
$176B
| $101M | 0.08% |
8,505,538
+194,105
| +2% | +$2.38M |
|
|
WBA
208
DELISTED
Walgreens Boots Alliance
WBA
| $100M | 0.08% |
1,834,612
-51,288
| -3% | -$2.73M |
|
209
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.6B
| $100M | 0.08% |
806,198
+52,857
| +7% | +$6.35M |
|
210
United Airlines
UAL
$41B
| $100M | 0.08% |
1,143,684
+148,403
| +15% | +$12.6M |
|
211
Newmont
NEM
$124B
| $98.6M | 0.08% |
2,561,873
+933,792
| +57% | +$31.6M |
|
212
HDFC Bank
HDB
$120B
| $97.9M | 0.08% |
3,011,948
-645,712
| -18% | -$19.5M |
|
213
NXP Semiconductors
NXPI
$59.6B
| $97.8M | 0.08% |
1,002,299
+46,011
| +5% | +$4.46M |
|
214
Tesla
TSLA
$1.31T
| $97.1M | 0.08% |
6,514,710
+2,456,625
| +61% | +$38.2M |
|
|
BPL
215
DELISTED
Buckeye Partners, L.P.
BPL
| $96.5M | 0.08% |
2,350,415
+210,162
| +10% | +$7.93M |
|
216
Air Products & Chemicals
APD
$68.9B
| $96.3M | 0.08% |
425,329
+13,422
| +3% | +$2.78M |
|
217
Bristol-Myers Squibb
BMY
$130B
| $95.9M | 0.08% |
2,115,384
-2,179,504
| -51% | -$102M |
|
|
STI
218
DELISTED
SunTrust Banks, Inc.
STI
| $93.6M | 0.08% |
1,489,073
+146,490
| +11% | +$9.2M |
|
|
219
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.6B
| $93.3M | 0.08% |
+750,000
| New | +$90.1M |
|
|
220
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.6B
| $93.3M | 0.08% |
+750,000
| New | +$90.1M |
|
221
Duke Energy
DUK
$96.1B
| $92.8M | 0.08% |
1,051,502
+176,185
| +20% | +$15.6M |
|
222
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $91.5M | 0.08% |
1,050,000
+825,000
| +367% | +$71.2M |
|
223
PUT
Visa
V
$677B
| $91.3M | 0.08% |
+525,900
| New | +$86.1M |
|
224
Applied Materials
AMAT
$417B
| $91.3M | 0.08% |
2,032,148
-1,641,059
| -45% | -$69.1M |
|
|
RTN
225
DELISTED
Raytheon Company
RTN
| $89.8M | 0.08% |
516,372
-92,672
| -15% | -$16.7M |
|
Similar funds
Bank of Montreal's Q2 2019 Portfolio in Review
As of Q2 2019, Bank of Montreal held 5,259 positions worth $119B, up 1.9% from $117B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q2 2019 filing shows 823 new, 2,226 increased, 1,465 reduced and 324 closed positions. Its largest new stake was Dow Inc: 1,346,158 shares worth $66.4M. The largest sale was Apple, an estimated $881M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 25% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q2 2019 buy was Dow Inc: 1,346,158 shares worth $66.4M.
- Bank of Montreal added most to Mastercard in Q2 2019, an estimated $194M increase.
- Bank of Montreal's biggest Q2 2019 reduction was Apple, cutting an estimated $881M.
- Bank of Montreal fully exited Goldcorp Inc in Q2 2019, selling an estimated $93M.
- Bank of Montreal's ten largest holdings make up 22% of its $119B portfolio in Q2 2019.
- Bank of Montreal opened 823 new positions and closed 324 in Q2 2019.
- Bank of Montreal's portfolio value rose 1.9% quarter-over-quarter to $119B.
Based on Bank of Montreal's 13F filing for Q2 2019, filed 9 Aug 2019.