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 |
Microsoft
MSFT
|
+$879M |
| 2 |
NVIDIA
NVDA
|
+$597M |
| 3 |
Tesla
TSLA
|
+$584M |
| 4 |
Amazon
AMZN
|
+$542M |
| 5 |
Apple
AAPL
|
+$534M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$1.17B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$523M |
| 3 |
Canadian Natural Resources
CNQ
|
+$488M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$425M |
| 5 |
Enbridge
ENB
|
+$412M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.85% |
| 2 | Consumer Discretionary | 18.53% |
| 3 | Technology | 13.69% |
| 4 | Financials | 13.26% |
| 5 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
EQT Corp
EQT
$33.8B
| $14.7M | ﹤0.01% |
375,967
+114,167
| +44% | +$4.63M |
|
877
AerCap
AER
$23.6B
| $14.7M | ﹤0.01% |
195,596
-1,047,031
| -84% | -$69.1M |
|
878
Pool Corp
POOL
$7.25B
| $14.6M | ﹤0.01% |
36,075
+11,183
| +45% | +$3.92M |
|
879
Celanese
CE
$4.75B
| $14.5M | ﹤0.01% |
91,664
+7,314
| +9% | +$954K |
|
880
PUT
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $14.5M | ﹤0.01% |
150,000
| – | – |
|
881
Sensata Technologies
ST
$6.72B
| $14.5M | ﹤0.01% |
382,161
-807,265
| -68% | -$27.9M |
|
882
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.38B
| $14.4M | ﹤0.01% |
575,501
+238,095
| +71% | +$5.63M |
|
883
Zebra Technologies
ZBRA
$17.9B
| $14.4M | ﹤0.01% |
52,154
+11,623
| +29% | +$2.65M |
|
884
DaVita
DVA
$11.6B
| $14.3M | ﹤0.01% |
135,557
+55,674
| +70% | +$5.14M |
|
885
Dimensional International Value ETF
DFIV
$21.7B
| $14.3M | ﹤0.01% |
416,178
+405,359
| +3,747% | +$13.2M |
|
886
AB InBev
BUD
$156B
| $14.3M | ﹤0.01% |
220,348
+117,828
| +115% | +$6.96M |
|
|
887
PUT
Pool Corp
POOL
$7.25B
| $14.2M | ﹤0.01% |
35,100
+19,100
| +119% | +$6.7M |
|
|
DFSV
888
Dimensional US Small Cap Value ETF
DFSV
$8.45B
| $14.1M | ﹤0.01% |
479,522
+99,378
| +26% | +$2.58M |
|
889
Ovintiv
OVV
$17.5B
| $14.1M | ﹤0.01% |
317,484
+126,660
| +66% | +$5.78M |
|
890
Packaging Corp of America
PKG
$22.8B
| $14.1M | ﹤0.01% |
86,070
+24,626
| +40% | +$3.88M |
|
891
Federated Hermes
FHI
$4.7B
| $14.1M | ﹤0.01% |
411,431
+403,210
| +4,905% | +$13.1M |
|
892
PUT
Marathon Digital Holdings
MARA
$3.56B
| $14.1M | ﹤0.01% |
500,000
| – | – |
|
893
Deutsche Bank
DB
$72.4B
| $14M | ﹤0.01% |
1,019,855
+102,623
| +11% | +$1.21M |
|
894
PUT
Enovix
ENVX
$966M
| $13.9M | ﹤0.01% |
1,229,486
+1,023,657
| +497% | +$10.1M |
|
895
CALL
Shopify
SHOP
$204B
| $13.9M | ﹤0.01% |
175,000
-90,000
| -34% | -$5.75M |
|
896
Vanguard FTSE Europe ETF
VGK
$31.1B
| $13.9M | ﹤0.01% |
214,915
-1,172,875
| -85% | -$70.2M |
|
897
Nordson
NDSN
$17.3B
| $13.8M | ﹤0.01% |
52,138
+13,127
| +34% | +$3.04M |
|
898
Loews
L
$23.1B
| $13.8M | ﹤0.01% |
198,185
+44,935
| +29% | +$2.99M |
|
899
Dimensional International Small Cap Value ETF
DISV
$5.16B
| $13.7M | ﹤0.01% |
531,711
+43,106
| +9% | +$1.04M |
|
|
DOCU
900
DocuSign
DOCU
$11.1B
| $13.7M | ﹤0.01% |
227,540
+18,547
| +9% | +$851K |
|
Similar funds
Bank of Montreal's Q4 2023 Portfolio in Review
As of Q4 2023, Bank of Montreal held 4,442 positions worth $330B, up 14% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q4 2023 filing shows 668 new, 1,596 increased, 1,270 reduced and 501 closed positions. Its largest new stake was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M. The largest sale was Royal Bank of Canada, an estimated $1.17B.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q4 2023 buy was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M.
- Bank of Montreal added most to Microsoft in Q4 2023, an estimated $879M increase.
- Bank of Montreal's biggest Q4 2023 reduction was Royal Bank of Canada, cutting an estimated $1.17B.
- Bank of Montreal fully exited Activision Blizzard in Q4 2023, selling an estimated $177M.
- Bank of Montreal's ten largest holdings make up 51% of its $330B portfolio in Q4 2023.
- Bank of Montreal opened 668 new positions and closed 501 in Q4 2023.
- Bank of Montreal's portfolio value rose 14% quarter-over-quarter to $330B.
Based on Bank of Montreal's 13F filing for Q4 2023, filed 8 Feb 2024.