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 | |
|---|---|---|---|---|---|---|---|
2426
Timken Company
TKR
$8.25B
| $235K | ﹤0.01% |
6,028
| – | – |
2013 Q2
14 quarters
|
|
2427
Washington Trust Bancorp
WASH
$721M
| $235K | ﹤0.01% |
4,620
-6,859
| -60% | -$336K |
2013 Q2
14 quarters
|
|
|
RMAX
2428
DELISTED
RE/MAX Holdings
RMAX
| $234K | ﹤0.01% |
4,793
+712
| +17% | +$34.5K |
2013 Q4
12 quarters
|
|
2429
Teledyne Technologies
TDY
$28.4B
| $234K | ﹤0.01% |
1,880
+809
| +76% | +$93.6K |
2013 Q2
14 quarters
|
|
2430
Enel Chile
ENIC
$5.71B
| $233K | ﹤0.01% |
49,400
| – | – |
2016 Q2
2 quarters
|
|
2431
Weibo
WB
$1.59B
| $233K | ﹤0.01% |
4,538
-1,287
| -22% | -$61.4K |
2014 Q2
10 quarters
|
|
|
DRYS
2432
DELISTED
DryShips Inc. Common Stock
DRYS
| $231K | ﹤0.01% |
+6
| New | +$344K |
2013 Q2
14 quarters
|
|
2433
Mercury Insurance
MCY
$5.55B
| $229K | ﹤0.01% |
3,915
-130
| -3% | -$7.39K |
2013 Q2
14 quarters
|
|
2434
Papa John's
PZZA
$645M
| $229K | ﹤0.01% |
2,585
-560
| -18% | -$46.4K |
2013 Q2
14 quarters
|
|
2435
MKS Inc
MKSI
$18.3B
| $228K | ﹤0.01% |
3,958
-810
| -17% | -$43.7K |
2013 Q2
14 quarters
|
|
|
TARO
2436
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $228K | ﹤0.01% |
2,233
-71,721
| -97% | -$7.51M |
2015 Q3
5 quarters
|
|
|
DBGR
2437
DELISTED
Xtrackers MSCI Germany Hedged Equity ETF
DBGR
| $228K | ﹤0.01% |
9,700
| – | – |
2015 Q2
6 quarters
|
|
2438
Fulton Financial
FULT
$4.31B
| $227K | ﹤0.01% |
12,802
+13
| +0.1% | +$218 |
2013 Q2
14 quarters
|
|
2439
Stock Yards Bancorp
SYBT
$2.41B
| $227K | ﹤0.01% |
5,501
-19,972
| -78% | -$785K |
2015 Q3
5 quarters
|
|
2440
Middlesex Water
MSEX
$988M
| $226K | ﹤0.01% |
5,549
+702
| +14% | +$26.9K |
2014 Q2
10 quarters
|
|
|
LVNTA
2441
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $226K | ﹤0.01% |
5,771
-3,768
| -40% | -$148K |
2014 Q1
11 quarters
|
|
|
RMT
2442
Royce Micro-Cap Trust
RMT
$728M
| $225K | ﹤0.01% |
27,733
+9,475
| +52% | +$74.2K |
2015 Q3
5 quarters
|
|
2443
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.25B
| $224K | ﹤0.01% |
2,801
| – | – |
2013 Q2
14 quarters
|
|
2444
Inovio Pharmaceuticals
INO
$125M
| $224K | ﹤0.01% |
2,640
-425
| -14% | -$38.4K |
2014 Q4
8 quarters
|
|
2445
Genesis Energy
GEL
$1.67B
| $223K | ﹤0.01% |
6,389
| – | – |
2013 Q2
14 quarters
|
|
2446
TransUnion
TRU
$11.9B
| $223K | ﹤0.01% |
7,500
+1,335
| +22% | +$42K |
2016 Q1
3 quarters
|
|
2447
Valley National Bancorp
VLY
$7B
| $223K | ﹤0.01% |
19,541
+797
| +4% | +$8.52K |
2013 Q2
14 quarters
|
|
|
TBNK
2448
DELISTED
Territorial Bancorp Inc.
TBNK
| $222K | ﹤0.01% |
7,070
+37
| +0.5% | +$1.13K |
2013 Q2
14 quarters
|
|
|
2449
PUT
Inovio Pharmaceuticals
INO
$125M
| $221K | ﹤0.01% |
2,600
-8
| -0.3% | -$723 |
2016 Q1
3 quarters
|
|
|
PMX
2450
DELISTED
PIMCO Municipal Income Fund III
PMX
| $221K | ﹤0.01% |
20,000
| – | – |
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.