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 | |
|---|---|---|---|---|---|---|---|
|
FTR
2376
DELISTED
Frontier Communications Corp.
FTR
| $313K | ﹤0.01% |
131,084
+124,229
| +1,812% | +$526K |
2013 Q2
22 quarters
|
|
2377
Ingevity
NGVT
$2.49B
| $312K | ﹤0.01% |
3,725
-92
| -2% | -$8.33K |
2016 Q2
10 quarters
|
|
2378
Belden
BDC
$4.4B
| $311K | ﹤0.01% |
7,424
+145
| +2% | +$7.89K |
2013 Q2
22 quarters
|
|
2379
MBIA
MBI
$224M
| $311K | ﹤0.01% |
34,957
+625
| +2% | +$5.95K |
2013 Q2
22 quarters
|
|
|
APB
2380
DELISTED
Asia Pacific Fund
APB
| $311K | ﹤0.01% |
27,208
| – | – |
2013 Q2
22 quarters
|
|
2381
Rayonier
RYN
$5.37B
| $310K | ﹤0.01% |
12,370
+840
| +7% | +$23.3K |
2013 Q2
22 quarters
|
|
2382
Stride
LRN
$3.28B
| $308K | ﹤0.01% |
12,448
+12,195
| +4,820% | +$260K |
2013 Q2
22 quarters
|
|
2383
Dropbox
DBX
$7.37B
| $307K | ﹤0.01% |
15,030
-84,395
| -85% | -$1.94M |
2018 Q1
3 quarters
|
|
2384
iShares Core S&P US Value ETF
IUSV
$27.2B
| $307K | ﹤0.01% |
6,263
| – | – |
2016 Q2
10 quarters
|
|
|
LADR
2385
Ladder Capital
LADR
$1.09B
| $307K | ﹤0.01% |
19,875
+70
| +0.4% | +$1.19K |
2018 Q2
2 quarters
|
|
|
LPT
2386
CALL
DELISTED
Liberty Property Trust
LPT
| $306K | ﹤0.01% |
7,300
+200
| +3% | +$8.63K |
2018 Q3
1 quarter
|
|
2387
PUT
Alaunos Therapeutics
TCRT
$2.07M
| $305K | ﹤0.01% |
1,087
+515
| +90% | +$204K |
2016 Q1
11 quarters
|
|
|
EMES
2388
PUT
DELISTED
Emerge Energy Services LP
EMES
| $305K | ﹤0.01% |
198,100
+86,500
| +78% | +$233K |
2018 Q3
1 quarter
|
|
|
CET
2389
Central Securities Corp
CET
$1.65B
| $304K | ﹤0.01% |
12,244
-560
| -4% | -$14.9K |
2013 Q2
22 quarters
|
|
|
BFYT
2390
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $304K | ﹤0.01% |
11,382
+9,894
| +665% | +$397K |
2018 Q2
2 quarters
|
|
2391
Hawkins
HWKN
$2.74B
| $303K | ﹤0.01% |
14,800
+560
| +4% | +$10.9K |
2016 Q1
11 quarters
|
|
2392
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $302K | ﹤0.01% |
6,435
-846
| -12% | -$43.4K |
2013 Q2
22 quarters
|
|
2393
KraneShares CSI China Internet ETF
KWEB
$4.55B
| $300K | ﹤0.01% |
8,001
-2,044
| -20% | -$86.5K |
2017 Q4
4 quarters
|
|
|
SKX
2394
DELISTED
Skechers
SKX
| $300K | ﹤0.01% |
13,059
-55,918
| -81% | -$1.47M |
2014 Q2
18 quarters
|
|
2395
iShares International Equity Factor ETF
INTF
$3.68B
| $299K | ﹤0.01% |
+12,594
| New | +$320K |
2018 Q4
0 quarters
|
|
2396
Valley National Bancorp
VLY
$7.09B
| $298K | ﹤0.01% |
33,606
+15,136
| +82% | +$153K |
2013 Q2
22 quarters
|
|
|
LCI
2397
PUT
DELISTED
Lannett Company, Inc.
LCI
| $298K | ﹤0.01% |
15,000
| – | – |
2018 Q3
1 quarter
|
|
|
RP
2398
DELISTED
RealPage, Inc.
RP
| $298K | ﹤0.01% |
6,200
-1,579
| -20% | -$82.5K |
2017 Q2
6 quarters
|
|
|
ETJ
2399
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$547M
| $297K | ﹤0.01% |
36,547
-10,664
| -23% | -$97.6K |
2018 Q3
1 quarter
|
|
|
EMES
2400
DELISTED
Emerge Energy Services LP
EMES
| $297K | ﹤0.01% |
193,200
+81,500
| +73% | +$219K |
2016 Q4
8 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.