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 | |
|---|---|---|---|---|---|---|
1076
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $7.94M | ﹤0.01% |
201,300
-150,000
| -43% | -$5.29M |
|
1077
PUT
PACCAR
PCAR
$68.8B
| $7.93M | ﹤0.01% |
81,000
+27,000
| +50% | +$2.43M |
|
1078
Fox Class A
FOXA
$27.5B
| $7.92M | ﹤0.01% |
266,100
+97,280
| +58% | +$2.94M |
|
1079
Bloom Energy
BE
$69.6B
| $7.92M | ﹤0.01% |
519,084
+19,274
| +4% | +$241K |
|
1080
StoneCo
STNE
$2.49B
| $7.89M | ﹤0.01% |
431,380
-364,449
| -46% | -$4.79M |
|
1081
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$15.2B
| $7.89M | ﹤0.01% |
+96,500
| New | +$7.14M |
|
1082
Alnylam Pharmaceuticals
ALNY
$30.4B
| $7.87M | ﹤0.01% |
39,965
-8,238
| -17% | -$1.4M |
|
1083
Fortrea Holdings
FTRE
$1.69B
| $7.76M | ﹤0.01% |
219,809
-50,808
| -19% | -$1.55M |
|
1084
CALL
Five Below
FIVE
$13.2B
| $7.7M | ﹤0.01% |
36,000
-11,100
| -24% | -$2.04M |
|
|
SCHR
1085
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $7.67M | ﹤0.01% |
307,944
-25,610
| -8% | -$619K |
|
1086
Southern Copper
SCCO
$158B
| $7.65M | ﹤0.01% |
95,372
+8,246
| +9% | +$567K |
|
|
X
1087
PUT
DELISTED
US Steel
X
| $7.63M | ﹤0.01% |
156,400
-37,500
| -19% | -$1.36M |
|
1088
CALL
Freeport-McMoran
FCX
$93.6B
| $7.63M | ﹤0.01% |
176,200
+26,200
| +17% | +$968K |
|
1089
Toyota
TM
$223B
| $7.62M | ﹤0.01% |
41,489
+26
| +0.1% | +$4.74K |
|
1090
CareDx
CDNA
$2.45B
| $7.54M | ﹤0.01% |
585,500
+362,996
| +163% | +$2.97M |
|
1091
PUT
DoorDash
DASH
$93.7B
| $7.52M | ﹤0.01% |
75,000
| – | – |
|
1092
Flowserve
FLS
$10.3B
| $7.51M | ﹤0.01% |
179,670
+3,317
| +2% | +$127K |
|
|
SAND
1093
DELISTED
Sandstorm Gold
SAND
| $7.51M | ﹤0.01% |
1,450,708
-66,894
| -4% | -$319K |
|
|
CADE
1094
DELISTED
Cadence Bank
CADE
| $7.51M | ﹤0.01% |
247,376
+217,801
| +736% | +$5.31M |
|
1095
State Street Materials Select Sector SPDR ETF
XLB
$8.57B
| $7.5M | ﹤0.01% |
174,452
-24,224
| -12% | -$969K |
|
|
AGR
1096
DELISTED
Avangrid, Inc.
AGR
| $7.5M | ﹤0.01% |
228,467
+202,558
| +782% | +$6.31M |
|
1097
HubSpot
HUBS
$12B
| $7.48M | ﹤0.01% |
12,668
-33,480
| -73% | -$16.1M |
|
1098
Warner Music
WMG
$13.3B
| $7.42M | ﹤0.01% |
207,149
-11,458
| -5% | -$378K |
|
|
PRMW
1099
DELISTED
Primo Water Corporation
PRMW
| $7.41M | ﹤0.01% |
481,593
-35,030
| -7% | -$500K |
|
1100
iShares Global Tech ETF
IXN
$9.47B
| $7.36M | ﹤0.01% |
107,347
-59,274
| -36% | -$3.73M |
|
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.