BMO Financial Corp. Bearish on These Stocks in 13F Release

Wall St. Watchdog reveals information regarding significant reduction in shares for BMO Financial Corp.’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Platinum Group Metals Ltd. (AMEX:PLG): On 06/30/2011, BMO Financial Corp. reported holding 991,600 shares. On 09/30/2011, BMO Financial Corp. reported holding 38,000 shares. The net reduction in shares for this position is 953,600 or 96.17%. About Company: Platinum Group Metals Ltd. acquires, explores, and develops platinum properties. The Company currently holds interests in properties located in South Africa and Canada.
  • Crown Holdings Inc. (NYSE:CCK): On 06/30/2011, BMO Financial Corp. reported holding 1,029,091 shares. On 09/30/2011, BMO Financial Corp. reported holding 61,023 shares. The net reduction in shares for this position is 968,068 or 94.07%. About Company: Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods through plants located in countries around the world. The Company’s primary products include steel and aluminum cans for food, beverage, household, and other consumer products. Crown also provides a variety of metal caps, closures, and dispensing systems.
  • Rock-tenn Co. (NYSE:RKT): On 06/30/2011, BMO Financial Corp. reported holding 271,687 shares. On 09/30/2011, BMO Financial Corp. reported holding 20,909 shares. The net reduction in shares for this position is 250,778 or 92.3%. About Company: Rock-Tenn Company manufactures packaging, including folding cartons, as well as recycled paperboard, and specialty corrugated packaging and display products. The Company has manufacturing operations throughout the United States, Canada, and Mexico.
  • Ishares Msci Thailand Invest Mkt Index (NYSE:THD): On 06/30/2011, BMO Financial Corp. reported holding 51,529 shares. On 09/30/2011, BMO Financial Corp. reported holding 4,049 shares. The net reduction in shares for this position is 47,480 or 92.14%. About Company: iShares MSCI Thailand Investable Market Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the MSCI Thailand Investable Market Index.
  • Prosperity Bancshares Inc. (NASDAQ:PRSP): On 06/30/2011, BMO Financial Corp. reported holding 298,228 shares. On 09/30/2011, BMO Financial Corp. reported holding 24,127 shares. The net reduction in shares for this position is 274,101 or 91.91%. About Company: Prosperity Bancshares, Inc. is the holding company for Prosperity Bank. The Bank attracts deposits from the general public and uses those funds to originate a variety of commercial and consumer loans. Prosperity Bank operates in the greater Houston metropolitan area and neighboring counties in Texas.

(Note: Data regarding BMO Financial Corp.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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