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 |
TC Energy
TRP
|
+$498M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$213M |
| 3 |
Amazon
AMZN
|
+$139M |
| 4 |
Suncor Energy
SU
|
+$122M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$764M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$764M |
| 4 |
Apple
AAPL
|
+$546M |
| 5 |
Energy Transfer Partners
ET
|
+$353M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.65% |
| 2 | Technology | 12.03% |
| 3 | Healthcare | 8.72% |
| 4 | Industrials | 8.31% |
| 5 | Communication Services | 8.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
Saic
SAIC
$5.36B
| $272K | ﹤0.01% |
3,687
-10,471
| -74% | -$874K |
|
2227
PUT
Plains All American Pipeline
PAA
$16.9B
| $270K | ﹤0.01% |
+52,000
| New | +$713K |
|
2228
Atlassian
TEAM
$41.2B
| $270K | ﹤0.01% |
2,093
-11,441
| -85% | -$1.6M |
|
2229
nVent Electric
NVT
$27.7B
| $269K | ﹤0.01% |
17,045
-23,001
| -57% | -$536K |
|
2230
Icahn Enterprises
IEP
$5.27B
| $268K | ﹤0.01% |
5,584
| – | – |
|
2231
CALL
CarMax
KMX
$8.5B
| $266K | ﹤0.01% |
+5,300
| New | +$448K |
|
|
ITCI
2232
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $266K | ﹤0.01% |
18,453
+5,578
| +43% | +$121K |
|
|
AXE
2233
DELISTED
Anixter International Inc
AXE
| $265K | ﹤0.01% |
2,988
-3,708
| -55% | -$351K |
|
2234
Global Net Lease
GNL
$1.85B
| $263K | ﹤0.01% |
22,234
+9,454
| +74% | +$176K |
|
|
OBCI
2235
DELISTED
Ocean Bio-Chem Inc
OBCI
| $263K | ﹤0.01% |
+60,668
| New | +$229K |
|
2236
Cracker Barrel
CBRL
$1.29B
| $261K | ﹤0.01% |
3,708
-5,214
| -58% | -$716K |
|
2237
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $261K | ﹤0.01% |
3,644
-134
| -4% | -$13.8K |
|
2238
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
| $260K | ﹤0.01% |
11,052
| – | – |
|
2239
Lumentum
LITE
$82.1B
| $259K | ﹤0.01% |
3,678
-68,828
| -95% | -$5.42M |
|
|
EV
2240
DELISTED
Eaton Vance Corp.
EV
| $258K | ﹤0.01% |
8,317
-11,901
| -59% | -$505K |
|
2241
PUT
B2Gold
BTG
$6.79B
| $257K | ﹤0.01% |
75,000
+10,000
| +15% | +$39.6K |
|
2242
Caesars Entertainment
CZR
$6.06B
| $254K | ﹤0.01% |
23,899
-54,200
| -69% | -$2.54M |
|
2243
Gabelli Equity Trust
GAB
$1.8B
| $254K | ﹤0.01% |
64,566
| – | – |
|
|
CDK
2244
DELISTED
CDK Global, Inc.
CDK
| $253K | ﹤0.01% |
8,368
-16,267
| -66% | -$777K |
|
2245
RLJ Lodging Trust
RLJ
$1.67B
| $252K | ﹤0.01% |
35,341
-8,888
| -20% | -$119K |
|
|
MINI
2246
DELISTED
Mobile Mini Inc
MINI
| $252K | ﹤0.01% |
10,812
-28,233
| -72% | -$1.03M |
|
|
GPM
2247
DELISTED
Guggenheim Enhanced Equity Income Fund
GPM
| $252K | ﹤0.01% |
+53,886
| New | +$389K |
|
2248
Donaldson
DCI
$11.1B
| $251K | ﹤0.01% |
6,743
-21,232
| -76% | -$1.04M |
|
2249
Prudential
PUK
$34.7B
| $249K | ﹤0.01% |
11,299
-28,976
| -72% | -$923K |
|
2250
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $247K | ﹤0.01% |
4,345
| – | – |
|
Similar funds
Bank of Montreal's Q1 2020 Portfolio in Review
As of Q1 2020, Bank of Montreal held 5,146 positions worth $87.3B, down 34% from $133B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $14.8B in Q1 2020, closing 1,006 positions and reducing 2,593 holdings. Its most notable exit was Wellcare Health Plans, Inc., an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Bank of Montreal opened a new position in Skillsoft worth $37.5M.
- Bank of Montreal's largest Q1 2020 buy was Skillsoft: 188,675 shares worth $37.5M.
- Bank of Montreal added most to TC Energy in Q1 2020, an estimated $498M increase.
- Bank of Montreal's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.46B.
- Bank of Montreal fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $110M.
- Bank of Montreal's ten largest holdings make up 22% of its $87.3B portfolio in Q1 2020.
- Bank of Montreal opened 266 new positions and closed 1,006 in Q1 2020.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $87.3B.
Based on Bank of Montreal's 13F filing for Q1 2020, filed 13 May 2020.