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 |
Brookfield
BN
|
+$1.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$636M |
| 3 |
Toronto Dominion Bank
TD
|
+$563M |
| 4 |
Scotiabank
BNS
|
+$505M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Suncor Energy
SU
|
+$439M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$314M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$209M |
| 4 |
SJR
Shaw Communications Inc.
SJR
|
+$209M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.37% |
| 2 | Financials | 18.08% |
| 3 | Consumer Discretionary | 15.83% |
| 4 | Technology | 11.24% |
| 5 | Industrials | 5.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Capri Holdings
CPRI
$1.77B
| $26.2M | 0.01% |
555,589
+187,394
| +51% | +$10.1M |
|
577
iShares MSCI France ETF
EWQ
$332M
| $26.1M | 0.01% |
+690,358
| New | +$25.2M |
|
578
CBRE Group
CBRE
$44B
| $26.1M | 0.01% |
306,549
-16,361
| -5% | -$1.34M |
|
579
Halliburton
HAL
$27.4B
| $26M | 0.01% |
814,834
+78,514
| +11% | +$2.91M |
|
580
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.38B
| $26M | 0.01% |
268,505
-47,286
| -15% | -$4.51M |
|
581
Prudential
PUK
$34.5B
| $26M | 0.01% |
949,710
+168,939
| +22% | +$5.08M |
|
582
CALL
Royal Bank of Canada
RY
$299B
| $25.9M | 0.01% |
196,300
-401,200
| -67% | -$39.8M |
|
583
SAP
SAP
$242B
| $25.8M | 0.01% |
203,775
-1,178
| -0.6% | -$138K |
|
584
Constellation Energy
CEG
$98.7B
| $25.8M | 0.01% |
328,158
+23,736
| +8% | +$1.92M |
|
585
Vanguard Real Estate ETF
VNQ
$39.1B
| $25.5M | 0.01% |
306,948
-130,026
| -30% | -$11.2M |
|
586
Enterprise Products Partners
EPD
$82.1B
| $25.4M | 0.01% |
979,420
+948,675
| +3,086% | +$24.4M |
|
587
State Street
STT
$52.2B
| $25.4M | 0.01% |
331,656
-10,709
| -3% | -$902K |
|
588
Cboe Global Markets
CBOE
$30.6B
| $25.3M | 0.01% |
188,351
-48,950
| -21% | -$6.14M |
|
589
Uber
UBER
$155B
| $25.3M | 0.01% |
587,025
-173,839
| -23% | -$5.51M |
|
590
TotalEnergies
TTE
$193B
| $25.2M | 0.01% |
426,516
-67,698
| -14% | -$4.16M |
|
591
Arista Networks
ANET
$257B
| $25.1M | 0.01% |
597,672
-270,632
| -31% | -$9.3M |
|
592
Ameren
AEE
$30.2B
| $25M | 0.01% |
288,113
-25,086
| -8% | -$2.15M |
|
|
EA
593
DELISTED
Electronic Arts
EA
| $24.9M | 0.01% |
206,701
-228,993
| -53% | -$26.9M |
|
|
CVII
594
DELISTED
Churchill Capital Corp VII Class A Common Stock
CVII
| $24.8M | 0.01% |
2,446,445
-1,459,823
| -37% | -$14.7M |
|
595
CoStar Group
CSGP
$13.4B
| $24.8M | 0.01% |
359,921
-77,590
| -18% | -$5.73M |
|
596
Ero Copper
ERO
$3.58B
| $24.8M | 0.01% |
1,391,001
-334,117
| -19% | -$5.38M |
|
597
Fair Isaac
FICO
$24B
| $24.7M | 0.01% |
35,137
+28,923
| +465% | +$19.2M |
|
598
PUT
Goldman Sachs
GS
$304B
| $24.5M | 0.01% |
+75,000
| New | +$26.1M |
|
599
Carrier Global
CARR
$52.2B
| $24.5M | 0.01% |
536,097
-73,130
| -12% | -$3.27M |
|
600
CenterPoint Energy
CNP
$26.7B
| $24.5M | 0.01% |
832,292
-62,477
| -7% | -$1.82M |
|
Similar funds
Bank of Montreal's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of Montreal held 4,502 positions worth $250B, up 8.3% from $231B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Bank of Montreal's Q1 2023 filing shows 581 new, 1,570 increased, 1,270 reduced and 751 closed positions. Its largest new stake was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M. The largest sale was Suncor Energy, an estimated $439M.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, down from 22% a quarter earlier, followed by Financials and Consumer Discretionary.
- Bank of Montreal's largest Q1 2023 buy was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M.
- Bank of Montreal added most to Brookfield in Q1 2023, an estimated $1.22B increase.
- Bank of Montreal's biggest Q1 2023 reduction was Suncor Energy, cutting an estimated $439M.
- Bank of Montreal fully exited CI Financial Corp. in Q1 2023, selling an estimated $41.3M.
- Bank of Montreal's ten largest holdings make up 50% of its $250B portfolio in Q1 2023.
- Bank of Montreal opened 581 new positions and closed 751 in Q1 2023.
- Bank of Montreal's portfolio value rose 8.3% quarter-over-quarter to $250B.
Based on Bank of Montreal's 13F filing for Q1 2023, filed 13 Jun 2024.