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 |
Enbridge
ENB
|
+$695M |
| 2 |
Toronto Dominion Bank
TD
|
+$443M |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$285M |
| 4 |
Manulife Financial
MFC
|
+$268M |
| 5 |
Microsoft
MSFT
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$463M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Intel
INTC
|
+$135M |
| 4 |
Wells Fargo
WFC
|
+$125M |
| 5 |
Blackstone
BX
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.34% |
| 2 | Miscellaneous | 12.28% |
| 3 | Energy | 11.38% |
| 4 | Industrials | 8.03% |
| 5 | Communication Services | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2301
DNP Select Income Fund
DNP
$3.52B
| $292K | ﹤0.01% |
27,049
| – | – |
2013 Q2
15 quarters
|
|
2302
Quaker Houghton
KWR
$2.73B
| $292K | ﹤0.01% |
2,213
+178
| +9% | +$23.3K |
2013 Q2
15 quarters
|
|
2303
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.29B
| $292K | ﹤0.01% |
19,985
-14,736
| -42% | -$214K |
2016 Q2
3 quarters
|
|
2304
Marcus Corp
MCS
$836M
| $290K | ﹤0.01% |
9,030
-578
| -6% | -$17.9K |
2013 Q2
15 quarters
|
|
2305
Northwest Bancshares
NWBI
$2.2B
| $290K | ﹤0.01% |
17,265
+1,949
| +13% | +$34.2K |
2013 Q2
15 quarters
|
|
2306
Patrick Industries
PATK
$2.14B
| $289K | ﹤0.01% |
9,176
-666
| -7% | -$23K |
2013 Q2
15 quarters
|
|
2307
COPT Defense Properties
CDP
$3.77B
| $288K | ﹤0.01% |
8,686
-179,370
| -95% | -$5.85M |
2013 Q2
15 quarters
|
|
|
SWN
2308
CALL
DELISTED
Southwestern Energy Company
SWN
| $286K | ﹤0.01% |
35,000
| – | – |
2016 Q4
1 quarter
|
|
|
TECD
2309
DELISTED
Tech Data Corp
TECD
| $286K | ﹤0.01% |
3,038
+48
| +2% | +$4.25K |
2013 Q2
15 quarters
|
|
|
LVNTA
2310
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $286K | ﹤0.01% |
6,423
+652
| +11% | +$27.9K |
2014 Q1
12 quarters
|
|
2311
Apogee Enterprises
APOG
$745M
| $285K | ﹤0.01% |
4,782
-284
| -6% | -$16.3K |
2013 Q2
15 quarters
|
|
2312
Western Alliance Bancorporation
WAL
$8.19B
| $285K | ﹤0.01% |
5,809
-1,259
| -18% | -$63K |
2013 Q2
15 quarters
|
|
|
AVNS
2313
DELISTED
Avanos Medical
AVNS
| $283K | ﹤0.01% |
7,462
-2,992
| -29% | -$117K |
2015 Q1
8 quarters
|
|
|
SAND
2314
CALL
DELISTED
Sandstorm Gold
SAND
| $282K | ﹤0.01% |
66,100
+46,100
| +231% | +$203K |
2016 Q3
2 quarters
|
|
|
SPWR
2315
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $280K | ﹤0.01% |
+70,089
| New | +$329K |
2017 Q1
0 quarters
|
|
2316
iShares International Dividend Growth ETF
IGRO
$1.24B
| $279K | ﹤0.01% |
5,345
-4,920
| -48% | -$251K |
2016 Q4
1 quarter
|
|
2317
Scholastic
SCHL
$660M
| $279K | ﹤0.01% |
6,571
+201
| +3% | +$9.15K |
2013 Q2
15 quarters
|
|
2318
Hurco Companies Inc
HURC
$143M
| $277K | ﹤0.01% |
8,900
| – | – |
2013 Q2
15 quarters
|
|
|
HNP
2319
DELISTED
Huaneng Power Intl, Inc.
HNP
| $277K | ﹤0.01% |
10,428
-4,693
| -31% | -$127K |
2013 Q2
15 quarters
|
|
|
IPHI
2320
DELISTED
INPHI CORPORATION
IPHI
| $277K | ﹤0.01% |
5,673
+105
| +2% | +$4.9K |
2015 Q4
5 quarters
|
|
|
KNGT
2321
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $277K | ﹤0.01% |
8,858
+4,233
| +92% | +$132K |
2013 Q2
15 quarters
|
|
|
ALE
2322
DELISTED
Allete
ALE
| $276K | ﹤0.01% |
4,078
+209
| +5% | +$13.7K |
2013 Q2
15 quarters
|
|
2323
CACI
CACI
$13.9B
| $276K | ﹤0.01% |
2,355
+296
| +14% | +$36.8K |
2013 Q2
15 quarters
|
|
|
KW
2324
DELISTED
Kennedy-Wilson Holdings
KW
| $276K | ﹤0.01% |
12,427
+9,679
| +352% | +$204K |
2015 Q4
5 quarters
|
|
|
AUY
2325
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $276K | ﹤0.01% |
100,000
| – | – |
2016 Q2
3 quarters
|
|
Similar funds
Bank of Montreal's Q1 2017 Portfolio in Review
As of Q1 2017, Bank of Montreal held 4,409 positions worth $106B, up 11% from $95.1B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal deployed $5.28B of net new capital in Q1 2017, opening 309 new positions and adding to 1,513 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Miscellaneous and Energy.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $463M trimmed.
- Bank of Montreal's largest Q1 2017 buy was iShares Core MSCI Emerging Markets ETF: 1,500,711 shares worth $71.7M.
- Bank of Montreal added most to Enbridge in Q1 2017, an estimated $695M increase.
- Bank of Montreal's biggest Q1 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $463M.
- Bank of Montreal fully exited NextEra Energy in Q1 2017, selling an estimated $55.5M.
- Bank of Montreal's ten largest holdings make up 24% of its $106B portfolio in Q1 2017.
- Bank of Montreal opened 309 new positions and closed 396 in Q1 2017.
- Bank of Montreal's portfolio value rose 11% quarter-over-quarter to $106B.
Based on Bank of Montreal's 13F filing for Q1 2017, filed 11 Apr 2017.