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 |
Apple
AAPL
|
+$545M |
| 2 |
Toronto Dominion Bank
TD
|
+$403M |
| 3 |
Energy Transfer Partners
ET
|
+$340M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$324M |
| 5 |
AABA
Altaba Inc
AABA
|
+$291M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.32B |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$844M |
| 3 |
Netflix
NFLX
|
+$459M |
| 4 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$376M |
| 5 |
Microsoft
MSFT
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.57% |
| 2 | Technology | 10.9% |
| 3 | Energy | 9.33% |
| 4 | Communication Services | 7.72% |
| 5 | Industrials | 7.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares MSCI EAFE ETF
EFA
$79.5B
| $4.57B | 3.92% |
70,392,000
+383,600
| +0.5% | +$24.2M |
|
2
Royal Bank of Canada
RY
$294B
| $4.47B | 3.84% |
59,220,337
+2,015,912
| +4% | +$152M |
|
|
3
Toronto Dominion Bank
TD
$200B
| $3.71B | 3.18% |
68,237,774
+7,295,930
| +12% | +$403M |
|
4
Scotiabank
BNS
$108B
| $2.87B | 2.46% |
53,923,091
+2,738,962
| +5% | +$150M |
|
|
5
Apple
AAPL
$4.53T
| $2.36B | 2.02% |
49,710,096
+12,837,284
| +35% | +$545M |
|
|
6
Alphabet (Google) Class C
GOOG
$4.4T
| $1.71B | 1.46% |
29,107,400
-15,051,260
| -34% | -$844M |
|
|
7
Microsoft
MSFT
$3.64T
| $1.7B | 1.46% |
14,442,945
-2,318,511
| -14% | -$253M |
|
8
TC Energy
TRP
$66.4B
| $1.55B | 1.33% |
34,504,325
+3,507,513
| +11% | +$151M |
|
9
Enbridge
ENB
$113B
| $1.54B | 1.32% |
42,462,271
+1,471,131
| +4% | +$53M |
|
10
Canadian National Railway
CNI
$77B
| $1.49B | 1.28% |
16,620,227
+423,878
| +3% | +$35.6M |
|
11
Bank of Montreal
BMO
$127B
| $1.48B | 1.27% |
19,738,625
+101,729
| +0.5% | +$7.52M |
|
12
Canadian Imperial Bank of Commerce
CM
$108B
| $1.33B | 1.14% |
33,622,822
+1,024,636
| +3% | +$42.5M |
|
13
Brookfield
BN
$109B
| $1.3B | 1.12% |
78,159,674
-596,175
| -0.8% | -$9.28M |
|
|
14
Alphabet (Google) Class A
GOOGL
$4.43T
| $1.29B | 1.11% |
21,978,720
-3,438,220
| -14% | -$194M |
|
15
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $1.23B | 1.06% |
14,259,900
+11,938,600
| +514% | +$1.01B |
|
16
Manulife Financial
MFC
$73.9B
| $1.17B | 1% |
68,988,298
-4,854,258
| -7% | -$78.9M |
|
17
State Street SPDR S&P 500 ETF Trust
SPY
$821B
| $1.11B | 0.95% |
3,932,331
-440,362
| -10% | -$120M |
|
|
AABA
18
DELISTED
Altaba Inc
AABA
| $1.07B | 0.92% |
14,425,657
+4,228,026
| +41% | +$291M |
|
19
Suncor Energy
SU
$74.3B
| $1.07B | 0.91% |
32,841,081
-281,747
| -0.9% | -$9.17M |
|
|
20
Amazon
AMZN
$2.93T
| $1.06B | 0.91% |
11,854,200
-15,920,920
| -57% | -$1.32B |
|
21
Rogers Communications
RCI
$18.3B
| $1.03B | 0.89% |
19,199,627
+221,074
| +1% | +$11.9M |
|
22
BCE
BCE
$20.6B
| $1.02B | 0.87% |
22,874,668
+242,954
| +1% | +$10.5M |
|
23
Canadian Natural Resources
CNQ
$93.7B
| $882M | 0.76% |
65,464,980
+13,155,478
| +25% | +$175M |
|
|
24
Energy Transfer Partners
ET
$69.9B
| $859M | 0.74% |
55,879,915
+22,880,132
| +69% | +$340M |
|
25
Visa
V
$688B
| $792M | 0.68% |
5,069,661
-150,726
| -3% | -$21.7M |
|
Similar funds
Bank of Montreal's Q1 2019 Portfolio in Review
As of Q1 2019, Bank of Montreal held 5,143 positions worth $117B, up 10% from $106B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal's Q1 2019 filing shows 425 new, 1,417 increased, 2,235 reduced and 709 closed positions. Its largest new stake was Linde: 559,914 shares worth $98.5M. The largest sale was Amazon, an estimated $1.32B.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 24% a quarter earlier, followed by Technology and Energy.
- Bank of Montreal's largest Q1 2019 buy was Linde: 559,914 shares worth $98.5M.
- Bank of Montreal added most to Apple in Q1 2019, an estimated $545M increase.
- Bank of Montreal's biggest Q1 2019 reduction was Amazon, cutting an estimated $1.32B.
- Bank of Montreal fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $45.7M.
- Bank of Montreal's ten largest holdings make up 22% of its $117B portfolio in Q1 2019.
- Bank of Montreal opened 425 new positions and closed 709 in Q1 2019.
- Bank of Montreal's portfolio value rose 10% quarter-over-quarter to $117B.
Based on Bank of Montreal's 13F filing for Q1 2019, filed 26 Apr 2019.