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 | |
|---|---|---|---|---|---|---|---|
2401
PUT
Box
BOX
$4.75B
| $247K | ﹤0.01% |
16,200
| – | – |
2016 Q2
2 quarters
|
|
2402
Boot Barn
BOOT
$3.66B
| $246K | ﹤0.01% |
15,538
+3,088
| +25% | +$41.6K |
2016 Q2
2 quarters
|
|
2403
Financial Institutions
FISI
$778M
| $246K | ﹤0.01% |
8,012
+43
| +0.5% | +$1.28K |
2013 Q2
14 quarters
|
|
2404
ProShares UltraShort S&P500
SDS
$351M
| $246K | ﹤0.01% |
156
| – | – |
2013 Q3
13 quarters
|
|
2405
Vanguard Health Care ETF
VHT
$18.8B
| $246K | ﹤0.01% |
1,935
-397
| -17% | -$50.7K |
2013 Q2
14 quarters
|
|
2406
First Trust Technology AlphaDEX Fund
FXL
$2.9B
| $245K | ﹤0.01% |
6,476
-276
| -4% | -$10.2K |
2015 Q1
7 quarters
|
|
|
GRCE
2407
Grace Therapeutics
GRCE
$42.9M
| $245K | ﹤0.01% |
3,646
-50
| -1% | -$3.36K |
2013 Q2
14 quarters
|
|
2408
Dillards
DDS
$10.1B
| $244K | ﹤0.01% |
3,416
-267
| -7% | -$17.5K |
2013 Q2
14 quarters
|
|
2409
iShares MSCI Global Gold Miners ETF
RING
$2.3B
| $244K | ﹤0.01% |
14,060
+11,260
| +402% | +$209K |
2016 Q3
1 quarter
|
|
|
WLL
2410
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $244K | ﹤0.01% |
67
+10
| +18% | +$30K |
2016 Q2
2 quarters
|
|
2411
Peoples Bancorp
PEBO
$1.33B
| $243K | ﹤0.01% |
8,347
+1,016
| +14% | +$28.1K |
2015 Q4
4 quarters
|
|
2412
Apogee Enterprises
APOG
$745M
| $242K | ﹤0.01% |
5,066
| – | – |
2013 Q2
14 quarters
|
|
|
MRC
2413
CALL
DELISTED
MRC Global
MRC
| $242K | ﹤0.01% |
+12,000
| New | +$218K |
2016 Q4
0 quarters
|
|
2414
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.07B
| $241K | ﹤0.01% |
12,104
| – | – |
2016 Q2
2 quarters
|
|
2415
iShares 0-5 Year TIPS Bond ETF
STIP
$16.4B
| $241K | ﹤0.01% |
2,400
| – | – |
2013 Q2
14 quarters
|
|
|
ESL
2416
DELISTED
Esterline Technologies
ESL
| $241K | ﹤0.01% |
2,739
+75
| +3% | +$6.13K |
2013 Q2
14 quarters
|
|
2417
Invesco Municipal Opportunity Trust
VMO
$563M
| $240K | ﹤0.01% |
18,932
| – | – |
2013 Q2
14 quarters
|
|
|
ALE
2418
DELISTED
Allete
ALE
| $239K | ﹤0.01% |
3,869
-19,858
| -84% | -$1.21M |
2013 Q2
14 quarters
|
|
2419
Autohome
ATHM
$2.4B
| $239K | ﹤0.01% |
8,665
-69,935
| -89% | -$1.8M |
2014 Q1
11 quarters
|
|
2420
Invesco BuyBack Achievers ETF
PKW
$1.69B
| $239K | ﹤0.01% |
4,750
-80
| -2% | -$3.92K |
2013 Q2
14 quarters
|
|
|
CMD
2421
DELISTED
Cantel Medical Corporation
CMD
| $239K | ﹤0.01% |
2,939
| – | – |
2013 Q2
14 quarters
|
|
2422
PUT
AB InBev
BUD
$144B
| $238K | ﹤0.01% |
+2,300
| New | +$258K |
2016 Q4
0 quarters
|
|
2423
Clearway Energy Class C
CWEN
$5.98B
| $238K | ﹤0.01% |
15,468
+2,588
| +20% | +$40.5K |
2014 Q4
8 quarters
|
|
2424
National Health Investors
NHI
$3.2B
| $237K | ﹤0.01% |
3,342
-791
| -19% | -$58.1K |
2013 Q2
14 quarters
|
|
2425
Community Bank
CBU
$3.15B
| $236K | ﹤0.01% |
4,157
-171
| -4% | -$9.13K |
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.