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 | Miscellaneous | 11.59% |
| 4 | Healthcare | 8.72% |
| 5 | Industrials | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2301
XBiotech
XBIT
$67.1M
| $213K | ﹤0.01% |
19,475
+17,085
| +715% | +$278K |
2016 Q3
14 quarters
|
|
|
LOGM
2302
DELISTED
LogMein, Inc.
LOGM
| $213K | ﹤0.01% |
2,538
-4,502
| -64% | -$380K |
2013 Q2
27 quarters
|
|
|
IRR
2303
DELISTED
VOYA NATURAL RESOURCES EQUITY INCOME FUND
IRR
| $213K | ﹤0.01% |
+97,741
| New | +$327K |
2020 Q1
0 quarters
|
|
2304
Terex
TEX
$6.48B
| $212K | ﹤0.01% |
15,297
-27,054
| -64% | -$613K |
2013 Q2
27 quarters
|
|
|
UNVR
2305
DELISTED
Univar Solutions Inc.
UNVR
| $210K | ﹤0.01% |
21,213
+18,714
| +749% | +$347K |
2017 Q4
9 quarters
|
|
|
IBKC
2306
DELISTED
IBERIABANK Corp
IBKC
| $209K | ﹤0.01% |
6,035
-3,441
| -36% | -$214K |
2013 Q2
27 quarters
|
|
2307
Group 1 Automotive
GPI
$3.01B
| $208K | ﹤0.01% |
5,491
-1,672
| -23% | -$141K |
2013 Q2
27 quarters
|
|
2308
Zai Lab
ZLAB
$2.67B
| $208K | ﹤0.01% |
4,042
-18
| -0.4% | -$938 |
2018 Q3
6 quarters
|
|
|
ETRN
2309
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $207K | ﹤0.01% |
38,051
-88,110
| -70% | -$771K |
2019 Q1
4 quarters
|
|
2310
Empire State Realty Trust
ESRT
$715M
| $206K | ﹤0.01% |
24,278
-1,993
| -8% | -$24.4K |
2013 Q4
25 quarters
|
|
2311
Moderna
MRNA
$74.9B
| $206K | ﹤0.01% |
6,224
-23,941
| -79% | -$551K |
2019 Q1
4 quarters
|
|
|
WPX
2312
CALL
DELISTED
WPX Energy, Inc.
WPX
| $206K | ﹤0.01% |
+59,000
| New | +$556K |
2020 Q1
0 quarters
|
|
2313
Bank of America Series L
BAC.PRL
$3.67B
| – | – |
0
| – | – |
2013 Q2
27 quarters
|
|
2314
eHealth
EHTH
$21.9M
| $204K | ﹤0.01% |
1,523
-1,932
| -56% | -$221K |
2015 Q4
17 quarters
|
|
2315
National Healthcare
NHC
$3.55B
| $204K | ﹤0.01% |
2,958
-1,227
| -29% | -$97.1K |
2013 Q2
27 quarters
|
|
2316
Revolve Group
RVLV
$1.49B
| $204K | ﹤0.01% |
+23,600
| New | +$374K |
2020 Q1
0 quarters
|
|
|
2317
PUT
Revolve Group
RVLV
$1.49B
| $204K | ﹤0.01% |
+23,600
| New | +$374K |
2020 Q1
0 quarters
|
|
2318
Vanguard Financials ETF
VFH
$12.5B
| $204K | ﹤0.01% |
4,192
-19
| -0.5% | -$1.29K |
2013 Q2
27 quarters
|
|
|
CEN
2319
DELISTED
Center Coast Brookfield MLP & Energy Infrastructure Fund
CEN
| $204K | ﹤0.01% |
+20,621
| New | +$985K |
2020 Q1
0 quarters
|
|
2320
Global Water Resources
GWRS
$234M
| $203K | ﹤0.01% |
20,106
-1,497
| -7% | -$18.4K |
2018 Q1
8 quarters
|
|
2321
Mercantile Bank Corp
MBWM
$1.02B
| $203K | ﹤0.01% |
10,070
-2,121
| -17% | -$64K |
2013 Q2
27 quarters
|
|
|
BMY.RT
2322
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $202K | ﹤0.01% |
52,536
-12,216
| -19% | -$40.2K |
2019 Q4
1 quarter
|
|
|
PROF
2323
Profound Medical
PROF
$212M
| $201K | ﹤0.01% |
20,750
+9,753
| +89% | +$126K |
2019 Q4
1 quarter
|
|
2324
CALL
Virgin Galactic
SPCE
$458M
| $201K | ﹤0.01% |
775
| – | – |
2019 Q4
1 quarter
|
|
2325
Invesco Financial Preferred ETF
PGF
$614M
| $200K | ﹤0.01% |
12,329
+1,773
| +17% | +$32.2K |
2013 Q2
27 quarters
|
|
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 $15.3B 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 Miscellaneous.
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.