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 | Healthcare | 8.72% |
| 4 | Industrials | 8.31% |
| 5 | Communication Services | 8.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INOV
2426
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $153K | ﹤0.01% |
9,622
-5,615
| -37% | -$107K |
|
2427
Nuveen Floating Rate Income Fund
JFR
$1.23B
| $152K | ﹤0.01% |
21,000
| – | – |
|
2428
LCI Industries
LCII
$2.58B
| $152K | ﹤0.01% |
2,473
-2,326
| -48% | -$227K |
|
|
IAA
2429
DELISTED
IAA, Inc. Common Stock
IAA
| $152K | ﹤0.01% |
5,511
-16,186
| -75% | -$699K |
|
2430
Ericsson
ERIC
$33.6B
| $151K | ﹤0.01% |
19,153
-82,068
| -81% | -$671K |
|
|
FSP
2431
Franklin Street Properties
FSP
$50.8M
| $151K | ﹤0.01% |
28,274
+23,406
| +481% | +$166K |
|
2432
Gladstone Investment Corp
GAIN
$649M
| $151K | ﹤0.01% |
21,000
| – | – |
|
2433
GATX Corp
GATX
$6.38B
| $151K | ﹤0.01% |
2,630
-6,313
| -71% | -$459K |
|
2434
Cabot Corp
CBT
$4.54B
| $150K | ﹤0.01% |
5,754
-5,072
| -47% | -$193K |
|
2435
Modine Manufacturing
MOD
$11.1B
| $150K | ﹤0.01% |
47,559
-355,249
| -88% | -$2.36M |
|
2436
Otter Tail
OTTR
$3.9B
| $150K | ﹤0.01% |
3,463
-4,478
| -56% | -$223K |
|
2437
State Street SPDR S&P Pharmaceuticals ETF
XPH
$518M
| $150K | ﹤0.01% |
4,270
| – | – |
|
2438
PUT
Pan American Silver
PAAS
$20B
| $149K | ﹤0.01% |
10,000
-100,000
| -91% | -$2.08M |
|
2439
CALL
Agnico Eagle Mines
AEM
$94.4B
| $148K | ﹤0.01% |
3,400
-22,700
| -87% | -$1.2M |
|
2440
SouthState Bank Corp
SSB
$10.8B
| $148K | ﹤0.01% |
2,704
-4,478
| -62% | -$331K |
|
2441
PUT
DraftKings
DKNG
$13B
| $147K | ﹤0.01% |
+12,000
| New | +$172K |
|
|
EE
2442
DELISTED
El Paso Electric Company
EE
| $147K | ﹤0.01% |
2,162
-4,960
| -70% | -$336K |
|
2443
Saia
SAIA
$10.3B
| $146K | ﹤0.01% |
2,278
-10,771
| -83% | -$944K |
|
2444
Invesco Solar ETF
TAN
$1.36B
| $146K | ﹤0.01% |
5,938
+471
| +9% | +$15.4K |
|
|
TBNK
2445
DELISTED
Territorial Bancorp Inc.
TBNK
| $146K | ﹤0.01% |
5,969
-1,254
| -17% | -$34.6K |
|
|
STAY
2446
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $146K | ﹤0.01% |
21,501
+969
| +5% | +$11.1K |
|
2447
FTI Consulting
FCN
$4.19B
| $145K | ﹤0.01% |
1,209
-8,100
| -87% | -$953K |
|
2448
Innovator US Small Cap Power Buffer ETF October
KOCT
$131M
| $145K | ﹤0.01% |
7,200
| – | – |
|
|
AL
2449
DELISTED
Air Lease Corp
AL
| $144K | ﹤0.01% |
7,148
-1,107
| -13% | -$42.1K |
|
2450
FirstCash
FCFS
$9.31B
| $144K | ﹤0.01% |
2,069
-14,551
| -88% | -$1.18M |
|
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 $14.8B 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 Healthcare.
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.