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
|
+$738M |
| 2 |
Advanced Micro Devices
AMD
|
+$336M |
| 3 |
Amazon
AMZN
|
+$326M |
| 4 |
NVIDIA
NVDA
|
+$231M |
| 5 |
Royal Bank of Canada
RY
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Enbridge
ENB
|
+$671M |
| 2 |
Tesla
TSLA
|
+$564M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$390M |
| 4 |
Microsoft
MSFT
|
+$281M |
| 5 |
Canadian Natural Resources
CNQ
|
+$247M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.54% |
| 2 | Technology | 15.6% |
| 3 | Communication Services | 8.78% |
| 4 | Industrials | 8.47% |
| 5 | Consumer Discretionary | 7.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
LXP Industrial Trust
LXP
$3.58B
| $10.1M | 0.01% |
177,076
-65,591
| -27% | -$3.54M |
|
1002
Acadia Healthcare
ACHC
$2.79B
| $10.1M | 0.01% |
171,097
+151,391
| +768% | +$8.19M |
|
1003
Goodyear
GT
$1.78B
| $10.1M | 0.01% |
563,372
-433,395
| -43% | -$6.28M |
|
1004
TAL Education Group
TAL
$6.4B
| $10M | 0.01% |
172,760
+874
| +0.5% | +$64K |
|
1005
Invesco Preferred ETF
PGX
$3.77B
| $10M | 0.01% |
662,821
-1,223,503
| -65% | -$18.2M |
|
|
1006
PUT
Microsoft
MSFT
$3.7T
| $10M | 0.01% |
39,500
-35,200
| -47% | -$8.17M |
|
|
DISH
1007
DELISTED
DISH Network Corp.
DISH
| $9.97M | 0.01% |
263,449
+6,930
| +3% | +$231K |
|
1008
Energizer
ENR
$1.56B
| $9.97M | 0.01% |
203,619
+174,796
| +606% | +$8.04M |
|
|
SCPE
1009
DELISTED
SC Health Corporation
SCPE
| $9.95M | 0.01% |
985,284
+903
| +0.1% | +$9.32K |
|
|
NEBC
1010
DELISTED
Nebula Caravel Acquisition Corp. Class A Common Stock
NEBC
| $9.95M | 0.01% |
+1,000,000
| New | +$10.3M |
|
1011
Andersons Inc
ANDE
$2.23B
| $9.95M | 0.01% |
358,714
-268
| -0.1% | -$7.1K |
|
|
CTAC
1012
DELISTED
Cerberus Telecom Acquisition Corp.
CTAC
| $9.94M | 0.01% |
+1,000,000
| New | +$10.4M |
|
1013
Gaotu Techedu
GOTU
$401M
| $9.93M | 0.01% |
333,521
+298,489
| +852% | +$24.3M |
|
1014
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.6B
| $9.92M | 0.01% |
+250,000
| New | +$9.43M |
|
|
1015
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.6B
| $9.92M | 0.01% |
+250,000
| New | +$9.43M |
|
1016
PENN Entertainment
PENN
$2.54B
| $9.92M | 0.01% |
92,975
+30,627
| +49% | +$3.39M |
|
1017
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.14B
| $9.91M | 0.01% |
193,231
+22,177
| +13% | +$1.14M |
|
1018
La-Z-Boy
LZB
$1.67B
| $9.9M | 0.01% |
231,548
-80,171
| -26% | -$3.36M |
|
1019
Genesis Energy
GEL
$1.95B
| $9.89M | 0.01% |
1,014,300
+624,743
| +160% | +$4.74M |
|
1020
PUT
Canadian Imperial Bank of Commerce
CM
$113B
| $9.86M | 0.01% |
200,000
-200,000
| -50% | -$9.24M |
|
1021
Insulet
PODD
$10.1B
| $9.86M | 0.01% |
34,644
-3,458
| -9% | -$926K |
|
1022
Meritage Homes
MTH
$4.79B
| $9.85M | 0.01% |
213,170
+43,396
| +26% | +$1.88M |
|
1023
Keurig Dr Pepper
KDP
$43.4B
| $9.84M | 0.01% |
278,668
+17,266
| +7% | +$560K |
|
1024
PUT
Spotify
SPOT
$106B
| $9.83M | 0.01% |
+35,000
| New | +$10.9M |
|
|
CGC
1025
PUT
Canopy Growth
CGC
$422M
| $9.77M | 0.01% |
34,270
-19,530
| -36% | -$6.91M |
|
Similar funds
Bank of Montreal's Q1 2021 Portfolio in Review
As of Q1 2021, Bank of Montreal held 5,535 positions worth $154B, up 1.6% from $151B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal withdrew a net $8.74B in Q1 2021, closing 451 positions and reducing 2,812 holdings. Its most notable exit was Norbord Inc., an estimated $30.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 22% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in West Fraser Timber worth $210M.
- Bank of Montreal's largest Q1 2021 buy was West Fraser Timber: 2,561,579 shares worth $210M.
- Bank of Montreal added most to Apple in Q1 2021, an estimated $738M increase.
- Bank of Montreal's biggest Q1 2021 reduction was Enbridge, cutting an estimated $671M.
- Bank of Montreal fully exited Norbord Inc. in Q1 2021, selling an estimated $30.8M.
- Bank of Montreal's ten largest holdings make up 23% of its $154B portfolio in Q1 2021.
- Bank of Montreal opened 570 new positions and closed 451 in Q1 2021.
- Bank of Montreal's portfolio value rose 1.6% quarter-over-quarter to $154B.
Based on Bank of Montreal's 13F filing for Q1 2021, filed 13 May 2021.