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 |
Amazon
AMZN
|
+$856M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$781M |
| 3 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$367M |
| 4 |
Energy Transfer Partners
ET
|
+$311M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$968M |
| 2 |
Alibaba
BABA
|
+$290M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$276M |
| 4 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$222M |
| 5 |
Cigna
CI
|
+$217M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.75% |
| 2 | Miscellaneous | 15.7% |
| 3 | Technology | 9.54% |
| 4 | Communication Services | 9.07% |
| 5 | Energy | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
SDLP
2276
DELISTED
SEADRILL PARTNERS LLC
SDLP
| $389K | ﹤0.01% |
22,500
| – | – |
2018 Q2
2 quarters
|
|
2277
iShares MSCI Austria ETF
EWO
$188M
| $388K | ﹤0.01% |
21,146
-17,504
| -45% | -$362K |
2018 Q3
1 quarter
|
|
2278
CALL
Jack in the Box
JACK
$245M
| $388K | ﹤0.01% |
+5,000
| New | +$406K |
2018 Q4
0 quarters
|
|
|
SAVE
2279
DELISTED
Spirit Airlines, Inc.
SAVE
| $387K | ﹤0.01% |
6,672
+5,554
| +497% | +$298K |
2013 Q2
22 quarters
|
|
|
ROCC
2280
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $387K | ﹤0.01% |
7,156
-19,480
| -73% | -$1.27M |
2018 Q2
2 quarters
|
|
2281
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.48B
| $386K | ﹤0.01% |
4,527
+1,365
| +43% | +$116K |
2013 Q2
22 quarters
|
|
|
BZUN
2282
Baozun
BZUN
$182M
| $385K | ﹤0.01% |
13,199
+1,138
| +9% | +$42K |
2016 Q4
8 quarters
|
|
2283
Vistra
VST
$46.2B
| $385K | ﹤0.01% |
16,786
-63,806
| -79% | -$1.5M |
2017 Q3
5 quarters
|
|
|
SPN
2284
DELISTED
Superior Energy Services, Inc.
SPN
| $385K | ﹤0.01% |
11,488
-617
| -5% | -$42.9K |
2013 Q2
22 quarters
|
|
2285
Kennametal
KMT
$2.52B
| $382K | ﹤0.01% |
11,485
+437
| +4% | +$16.6K |
2013 Q2
22 quarters
|
|
2286
Valvoline
VVV
$3.97B
| $382K | ﹤0.01% |
19,747
+1,414
| +8% | +$28.3K |
2016 Q4
8 quarters
|
|
2287
Semtech
SMTC
$18.4B
| $381K | ﹤0.01% |
8,283
+5,722
| +223% | +$272K |
2013 Q2
22 quarters
|
|
|
NEPT
2288
DELISTED
Neptune Wellness Solutions Inc. Ordinary Shares
NEPT
| $380K | ﹤0.01% |
107
+80
| +296% | +$389K |
2016 Q4
8 quarters
|
|
2289
Nabors Industries
NBR
$1.22B
| $379K | ﹤0.01% |
3,802
+501
| +15% | +$110K |
2013 Q2
22 quarters
|
|
|
TACO
2290
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $378K | ﹤0.01% |
37,845
+23,456
| +163% | +$253K |
2018 Q2
2 quarters
|
|
2291
Tetra Tech
TTEK
$8.5B
| $377K | ﹤0.01% |
36,470
+3,330
| +10% | +$41.3K |
2013 Q2
22 quarters
|
|
|
VRNT
2292
DELISTED
Verint Systems
VRNT
| $377K | ﹤0.01% |
17,486
-3,966
| -18% | -$91.2K |
2013 Q2
22 quarters
|
|
2293
Exponent
EXPO
$3.21B
| $376K | ﹤0.01% |
7,404
+370
| +5% | +$18.6K |
2013 Q2
22 quarters
|
|
2294
State Street SPDR S&P Homebuilders ETF
XHB
$1.49B
| $376K | ﹤0.01% |
11,555
-6,148
| -35% | -$211K |
2013 Q2
22 quarters
|
|
2295
Unitil
UTL
$928M
| $375K | ﹤0.01% |
7,425
+2,976
| +67% | +$148K |
2013 Q2
22 quarters
|
|
|
FIT
2296
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $375K | ﹤0.01% |
75,400
+18,300
| +32% | +$94.4K |
2017 Q2
6 quarters
|
|
2297
Hawaiian Electric Industries
HE
$1.55B
| $374K | ﹤0.01% |
10,235
-2,233
| -18% | -$82.8K |
2013 Q2
22 quarters
|
|
2298
Pegasystems
PEGA
$5.57B
| $374K | ﹤0.01% |
15,612
-1,654
| -10% | -$43.4K |
2013 Q2
22 quarters
|
|
2299
State Street SPDR S&P Health Care Equipment ETF
XHE
$189M
| $374K | ﹤0.01% |
5,331
+128
| +2% | +$9.8K |
2017 Q1
7 quarters
|
|
2300
Agree Realty
ADC
$8.21B
| $373K | ﹤0.01% |
6,304
+1,236
| +24% | +$70.7K |
2013 Q2
22 quarters
|
|
Similar funds
Bank of Montreal's Q4 2018 Portfolio in Review
As of Q4 2018, Bank of Montreal held 5,067 positions worth $106B, down 17% from $128B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal withdrew a net $4.31B in Q4 2018, closing 348 positions and reducing 1,705 holdings. Its most notable exit was Energy Transfer Partners, L.P., an estimated $222M 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 Miscellaneous and Technology.
Against the trend, Bank of Montreal opened a new position in Cheer Holding worth $18.7M.
- Bank of Montreal's largest Q4 2018 buy was Cheer Holding: 1,293 shares worth $18.7M.
- Bank of Montreal added most to Amazon in Q4 2018, an estimated $856M increase.
- Bank of Montreal's biggest Q4 2018 reduction was Tesla, cutting an estimated $968M.
- Bank of Montreal fully exited Energy Transfer Partners, L.P. in Q4 2018, selling an estimated $222M.
- Bank of Montreal's ten largest holdings make up 22% of its $106B portfolio in Q4 2018.
- Bank of Montreal opened 284 new positions and closed 348 in Q4 2018.
- Bank of Montreal's portfolio value fell 17% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q4 2018, filed 22 Jan 2019.