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 |
Fortis
FTS
|
+$601M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$424M |
| 3 |
Mondelez International
MDLZ
|
+$228M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Apple
AAPL
|
+$158M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$240M |
| 2 |
Virtus Investment Partners
VRTS
|
+$189M |
| 3 |
Travelers Companies
TRV
|
+$150M |
| 4 |
NVIDIA
NVDA
|
+$113M |
| 5 |
Dover
DOV
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.37% |
| 2 | Miscellaneous | 13.83% |
| 3 | Energy | 12.01% |
| 4 | Industrials | 8.11% |
| 5 | Communication Services | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2251
Northern Trust iBoxx 3-Year Target Duration TIPS ETF
TDTT
$2.5B
| $356K | ﹤0.01% |
14,402
-21,100
| -59% | -$522K |
2014 Q4
8 quarters
|
|
|
SGI
2252
Somnigroup International
SGI
$14.4B
| $355K | ﹤0.01% |
22,428
+3,848
| +21% | +$57.5K |
2013 Q2
14 quarters
|
|
2253
Daktronics
DAKT
$864M
| $353K | ﹤0.01% |
34,312
| – | – |
2013 Q2
14 quarters
|
|
2254
State Street SPDR S&P International Dividend ETF
DWX
$509M
| $353K | ﹤0.01% |
9,877
+4,633
| +88% | +$167K |
2014 Q3
9 quarters
|
|
|
CUK
2255
PUT
DELISTED
Carnival PLC
CUK
| $352K | ﹤0.01% |
+6,900
| New | +$344K |
2016 Q4
0 quarters
|
|
2256
Nokia
NOK
$59.1B
| $352K | ﹤0.01% |
81,800
+2,408
| +3% | +$11.4K |
2013 Q2
14 quarters
|
|
|
VGR
2257
DELISTED
Vector Group Ltd.
VGR
| $352K | ﹤0.01% |
26,934
-161
| -0.6% | -$2.09K |
2013 Q2
14 quarters
|
|
|
NUVA
2258
DELISTED
NuVasive, Inc.
NUVA
| $352K | ﹤0.01% |
5,420
-4,542
| -46% | -$293K |
2013 Q2
14 quarters
|
|
|
SPPI
2259
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $352K | ﹤0.01% |
90,000
-26,411
| -23% | -$111K |
2013 Q2
14 quarters
|
|
2260
Neurogene
NGNE
$526M
| $350K | ﹤0.01% |
1,256
| – | – |
2015 Q1
7 quarters
|
|
2261
Dave & Buster's
PLAY
$224M
| $350K | ﹤0.01% |
7,480
+5,449
| +268% | +$253K |
2015 Q2
6 quarters
|
|
2262
Gabelli Equity Trust
GAB
$1.8B
| $349K | ﹤0.01% |
63,982
| – | – |
2013 Q2
14 quarters
|
|
|
WBS
2263
DELISTED
Webster Financial
WBS
| $345K | ﹤0.01% |
6,947
-403
| -5% | -$18.5K |
2013 Q2
14 quarters
|
|
|
USG
2264
DELISTED
Usg
USG
| $345K | ﹤0.01% |
12,059
+1,679
| +16% | +$46.2K |
2013 Q2
14 quarters
|
|
|
DST
2265
DELISTED
DST Systems Inc.
DST
| $345K | ﹤0.01% |
6,688
+3,856
| +136% | +$203K |
2013 Q2
14 quarters
|
|
2266
First Business Financial Services
FBIZ
$589M
| $343K | ﹤0.01% |
15,668
| – | – |
2013 Q2
14 quarters
|
|
|
STB
2267
CALL
DELISTED
Student Transportation Inc
STB
| $343K | ﹤0.01% |
+60,000
| New | +$347K |
2016 Q4
0 quarters
|
|
2268
Louisiana-Pacific
LPX
$4.53B
| $342K | ﹤0.01% |
17,697
+10
| +0.1% | +$191 |
2013 Q2
14 quarters
|
|
2269
State Street SPDR ICE Preferred Securities ETF
PSK
$644M
| $342K | ﹤0.01% |
7,984
-12,647
| -61% | -$552K |
2013 Q2
14 quarters
|
|
2270
Regis Corp
RGS
$73.5M
| $341K | ﹤0.01% |
1,263
| – | – |
2013 Q2
14 quarters
|
|
2271
Voyager Therapeutics
VYGR
$157M
| $340K | ﹤0.01% |
27,293
+20,575
| +306% | +$264K |
2016 Q2
2 quarters
|
|
|
HEES
2272
DELISTED
H&E Equipment Services
HEES
| $338K | ﹤0.01% |
18,325
+4,233
| +30% | +$77.5K |
2014 Q4
8 quarters
|
|
2273
iShares Latin America 40 ETF
ILF
$3.78B
| $337K | ﹤0.01% |
11,997
+1,997
| +20% | +$57.4K |
2013 Q2
14 quarters
|
|
2274
PUT
Seagate
STX
$184B
| $337K | ﹤0.01% |
8,400
| – | – |
2016 Q2
2 quarters
|
|
2275
PUT
Enbridge
ENB
$103B
| $336K | ﹤0.01% |
+8,000
| New | +$341K |
2016 Q4
0 quarters
|
|
Similar funds
Bank of Montreal's Q4 2016 Portfolio in Review
As of Q4 2016, Bank of Montreal held 4,383 positions worth $95.1B, up 3.8% from $91.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal deployed $3.15B of net new capital in Q4 2016, opening 329 new positions and adding to 1,588 existing holdings. Its largest new stake was Fortis: 19,376,017 shares worth $577M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 25% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $240M trimmed.
- Bank of Montreal's largest Q4 2016 buy was Fortis: 19,376,017 shares worth $577M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2016, an estimated $424M increase.
- Bank of Montreal's biggest Q4 2016 reduction was JPMorgan Chase, cutting an estimated $240M.
- Bank of Montreal fully exited SolarCity Corporation in Q4 2016, selling an estimated $55.2M.
- Bank of Montreal's ten largest holdings make up 23% of its $95.1B portfolio in Q4 2016.
- Bank of Montreal opened 329 new positions and closed 279 in Q4 2016.
- Bank of Montreal's portfolio value rose 3.8% quarter-over-quarter to $95.1B.
Based on Bank of Montreal's 13F filing for Q4 2016, filed 6 Feb 2017.