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 | |
|---|---|---|---|---|---|---|---|
2301
iShares MSCI Canada ETF
EWC
$6.99B
| $319K | ﹤0.01% |
12,287
+1,700
| +16% | +$43.9K |
2013 Q2
14 quarters
|
|
2302
Tetra Tech
TTEK
$8.68B
| $319K | ﹤0.01% |
37,195
-140,355
| -79% | -$1.13M |
2013 Q2
14 quarters
|
|
2303
InterContinental Hotels
IHG
$23.5B
| $317K | ﹤0.01% |
6,983
-6,032
| -46% | -$273K |
2014 Q3
9 quarters
|
|
2304
Rogers Corp
ROG
$2.84B
| $317K | ﹤0.01% |
4,258
+7
| +0.2% | +$474 |
2013 Q2
14 quarters
|
|
2305
CALL
Mattel
MAT
$4.28B
| $316K | ﹤0.01% |
+10,000
| New | +$304K |
2016 Q4
0 quarters
|
|
|
LM
2306
DELISTED
Legg Mason, Inc.
LM
| $316K | ﹤0.01% |
9,901
-17,377
| -64% | -$546K |
2013 Q2
14 quarters
|
|
2307
Matrix Service
MTRX
$289M
| $314K | ﹤0.01% |
15,064
+1,634
| +12% | +$32.5K |
2013 Q2
14 quarters
|
|
|
INVN
2308
DELISTED
Invensense Inc
INVN
| $314K | ﹤0.01% |
41,060
-33,809
| -45% | -$289K |
2013 Q4
12 quarters
|
|
2309
Ionis Pharmaceuticals
IONS
$7.24B
| $313K | ﹤0.01% |
7,142
+1,920
| +37% | +$76K |
2013 Q2
14 quarters
|
|
2310
PRA Group
PRAA
$742M
| $313K | ﹤0.01% |
8,721
-1,902
| -18% | -$64.8K |
2013 Q2
14 quarters
|
|
2311
Patrick Industries
PATK
$2.15B
| $312K | ﹤0.01% |
9,842
+1,850
| +23% | +$54.6K |
2013 Q2
14 quarters
|
|
2312
EXL Service
EXLS
$5.48B
| $311K | ﹤0.01% |
32,745
+2,110
| +7% | +$20.2K |
2013 Q2
14 quarters
|
|
2313
NVR
NVR
$16.1B
| $311K | ﹤0.01% |
195
-9
| -4% | -$14.4K |
2013 Q2
14 quarters
|
|
2314
Invesco S&P 500 Pure Value ETF
RPV
$1.65B
| $310K | ﹤0.01% |
5,452
-685
| -11% | -$37.8K |
2013 Q2
14 quarters
|
|
|
TBI
2315
Trueblue
TBI
$288M
| $310K | ﹤0.01% |
14,824
+221
| +2% | +$4.66K |
2013 Q2
14 quarters
|
|
|
HTZ
2316
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $310K | ﹤0.01% |
14,198
+9,471
| +200% | +$237K |
2016 Q3
1 quarter
|
|
2317
Gabelli Dividend & Income Trust
GDV
$2.46B
| $307K | ﹤0.01% |
15,731
| – | – |
2013 Q2
14 quarters
|
|
2318
Genworth Financial
GNW
$3.58B
| $307K | ﹤0.01% |
71,901
+33,475
| +87% | +$148K |
2013 Q2
14 quarters
|
|
2319
Marriott Vacations Worldwide
VAC
$3.58B
| $306K | ﹤0.01% |
3,942
-665
| -14% | -$50.1K |
2013 Q2
14 quarters
|
|
2320
El Pollo Loco
LOCO
$435M
| $305K | ﹤0.01% |
24,195
+13,873
| +134% | +$172K |
2014 Q3
9 quarters
|
|
2321
Westamerica Bancorp
WABC
$1.38B
| $303K | ﹤0.01% |
4,877
-177
| -4% | -$10K |
2013 Q2
14 quarters
|
|
|
PML
2322
PIMCO Municipal Income Fund II
PML
$438M
| $302K | ﹤0.01% |
25,000
-1,636
| -6% | -$20.5K |
2013 Q2
14 quarters
|
|
2323
Eagle Materials
EXP
$5.32B
| $301K | ﹤0.01% |
3,095
| – | – |
2013 Q2
14 quarters
|
|
2324
Quad
QUAD
$483M
| $301K | ﹤0.01% |
10,706
-51,123
| -83% | -$1.32M |
2013 Q2
14 quarters
|
|
|
GOV
2325
DELISTED
Government Properties Income Trust
GOV
| $301K | ﹤0.01% |
16,016
| – | – |
2013 Q2
14 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.