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 |
Royal Bank of Canada
RY
|
+$905M |
| 2 |
Toronto Dominion Bank
TD
|
+$900M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$596M |
| 4 |
Brookfield
BN
|
+$554M |
| 5 |
Telus
TU
|
+$458M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Meta Platforms (Facebook)
META
|
+$638M |
| 3 |
TC Energy
TRP
|
+$550M |
| 4 |
NVIDIA
NVDA
|
+$423M |
| 5 |
UnitedHealth
UNH
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.32% |
| 2 | Financials | 15.62% |
| 3 | Consumer Discretionary | 14.79% |
| 4 | Technology | 10.38% |
| 5 | Industrials | 5.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Mattel
MAT
$4.19B
| $53.4K | 0.02% |
2,556,392
+913,088
| +56% | +$20.4M |
|
352
Capital One
COF
$136B
| $52.8K | 0.02% |
487,536
-20,622
| -4% | -$2.2M |
|
353
Emerson Electric
EMR
$90.6B
| $52.7K | 0.02% |
709,936
+29,299
| +4% | +$2.43M |
|
354
Intercontinental Exchange
ICE
$85.5B
| $52.6K | 0.02% |
571,331
-13,194
| -2% | -$1.32M |
|
355
Invesco S&P 500 Low Volatility ETF
SPLV
$7.21B
| $52.3K | 0.02% |
836,096
+361,484
| +76% | +$22.9M |
|
|
CIXX
356
DELISTED
CI Financial Corp.
CIXX
| $52.3K | 0.02% |
4,827,405
+919,768
| +24% | +$10.2M |
|
357
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.46B
| $52.2K | 0.02% |
1,480,351
+254,882
| +21% | +$9.1M |
|
358
PUT
Wells Fargo
WFC
$266B
| $52.1K | 0.02% |
1,112,500
+128,100
| +13% | +$5.5M |
|
359
iShares MSCI Taiwan ETF
EWT
$11.6B
| $51.8K | 0.02% |
774,175
-391,759
| -34% | -$19.4M |
|
360
Plug Power
PLUG
$3.23B
| $51.6K | 0.02% |
2,382,026
+526,213
| +28% | +$12.6M |
|
361
PUT
Delta Air Lines
DAL
$60.3B
| $51.5K | 0.02% |
1,546,900
+35,800
| +2% | +$1.14M |
|
362
Trane Technologies
TT
$106B
| $50.9K | 0.02% |
343,784
-129,117
| -27% | -$19.3M |
|
363
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.67B
| $50.6K | 0.02% |
368,806
+148,003
| +67% | +$19.5M |
|
364
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $50.5K | 0.02% |
530,605
-502,217
| -49% | -$42.9M |
|
365
Lam Research
LRCX
$431B
| $50.3K | 0.02% |
1,354,380
-248,300
| -15% | -$11.1M |
|
366
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.74B
| $50.2K | 0.02% |
748,851
-73,274
| -9% | -$4.93M |
|
367
CALL
Scotiabank
BNS
$110B
| $50K | 0.02% |
1,040,900
+938,500
| +917% | +$53.6M |
|
368
Aramark
ARMK
$16.2B
| $49.8K | 0.02% |
2,143,951
+1,818,353
| +558% | +$45.2M |
|
369
PUT
Bank of America
BAC
$447B
| $49.8K | 0.02% |
1,381,100
+396,300
| +40% | +$13.2M |
|
370
Regeneron Pharmaceuticals
REGN
$83.6B
| $49.8K | 0.02% |
71,202
-55,551
| -44% | -$35M |
|
371
FedEx
FDX
$78.7B
| $49.5K | 0.02% |
299,630
-19,090
| -6% | -$4.03M |
|
372
Cadence Design Systems
CDNS
$90B
| $49.4K | 0.02% |
295,441
-43,396
| -13% | -$7.46M |
|
373
American Water Works
AWK
$27.2B
| $49.4K | 0.02% |
362,504
+34,291
| +10% | +$5.16M |
|
374
Cognizant
CTSH
$26.2B
| $49.3K | 0.02% |
840,490
-116,254
| -12% | -$7.61M |
|
375
Prudential Financial
PRU
$42.7B
| $49K | 0.02% |
560,398
-10,172
| -2% | -$979K |
|
Similar funds
Bank of Montreal's Q3 2022 Portfolio in Review
As of Q3 2022, Bank of Montreal held 4,641 positions worth $232M, up 7.5% from $215M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Bank of Montreal withdrew a net $631M in Q3 2022, closing 592 positions and reducing 1,550 holdings. Its most notable exit was Alibaba, an estimated $964K position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, up from 6.8% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Bank of Montreal opened a new position in MSD Acquisition Corp. Class A Ordinary Shares worth $24.3K.
- Bank of Montreal's largest Q3 2022 buy was MSD Acquisition Corp. Class A Ordinary Shares: 2,453,513 shares worth $24.3K.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2022, an estimated $905M increase.
- Bank of Montreal's biggest Q3 2022 reduction was Apple, cutting an estimated $1.07B.
- Bank of Montreal fully exited Alibaba in Q3 2022, selling an estimated $964K.
- Bank of Montreal's ten largest holdings make up 45% of its $232M portfolio in Q3 2022.
- Bank of Montreal opened 635 new positions and closed 592 in Q3 2022.
- Bank of Montreal's portfolio value rose 7.5% quarter-over-quarter to $232M.
Based on Bank of Montreal's 13F filing for Q3 2022, filed 10 Nov 2022.