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 | 18.09% |
| 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 | |
|---|---|---|---|---|---|---|
1101
Southern Copper
SCCO
$158B
| $6.32M | ﹤0.01% |
90,213
+37,334
| +71% | +$2.51M |
|
1102
WillScot Mobile Mini Holdings
WSC
$4.17B
| $6.3M | ﹤0.01% |
134,285
+10,758
| +9% | +$518K |
|
1103
State Street SPDR Portfolio Corporate Bond ETF
SPBO
$2.1B
| $6.3M | ﹤0.01% |
+206,485
| New | +$5.99M |
|
1104
Under Armour Class C
UA
$2.25B
| $6.28M | ﹤0.01% |
734,866
-620,733
| -46% | -$5.71M |
|
|
NSTG
1105
DELISTED
NanoString Technologies, Inc.
NSTG
| $6.25M | ﹤0.01% |
627,060
+1,935
| +0.3% | +$19.1K |
|
1106
iShares MSCI Taiwan ETF
EWT
$11.6B
| $6.23M | ﹤0.01% |
137,131
+72,661
| +113% | +$3.21M |
|
1107
PUT
Costco
COST
$427B
| $6.22M | ﹤0.01% |
12,500
-800
| -6% | -$392K |
|
1108
CALL
Cloudflare
NET
$118B
| $6.21M | ﹤0.01% |
100,000
-55,000
| -35% | -$3.01M |
|
1109
BlackLine
BL
$1.82B
| $6.19M | ﹤0.01% |
91,896
-50,080
| -35% | -$3.45M |
|
1110
Dick's Sporting Goods
DKS
$18.1B
| $6.17M | ﹤0.01% |
42,496
+1,566
| +4% | +$209K |
|
1111
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.5B
| $6.17M | ﹤0.01% |
66,481
+371
| +0.6% | +$34.3K |
|
1112
Vanguard Total World Stock ETF
VT
$81.9B
| $6.16M | ﹤0.01% |
66,920
-329,823
| -83% | -$29.9M |
|
1113
iShares MSCI South Africa ETF
EZA
$559M
| $6.13M | ﹤0.01% |
143,716
+92,315
| +180% | +$3.99M |
|
1114
A.O. Smith
AOS
$8.51B
| $6.1M | ﹤0.01% |
88,107
-14,780
| -14% | -$961K |
|
1115
iShares MSCI Germany ETF
EWG
$1.67B
| $6.09M | ﹤0.01% |
214,000
-50,034
| -19% | -$1.38M |
|
|
INN
1116
Summit Hotel Properties
INN
$656M
| $6.08M | ﹤0.01% |
864,743
-204,124
| -19% | -$1.55M |
|
|
XIFR
1117
XPLR Infrastructure LP
XIFR
$1.08B
| $6.08M | ﹤0.01% |
99,437
+9,449
| +11% | +$650K |
|
|
BDXB
1118
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
| $6.07M | ﹤0.01% |
121,576
+121,500
| +159,868% | +$6.01M |
|
|
SWAV
1119
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $6.06M | ﹤0.01% |
27,926
+6,757
| +32% | +$1.32M |
|
1120
Franklin Resources
BEN
$17.1B
| $6.06M | ﹤0.01% |
224,624
-24,455
| -10% | -$714K |
|
1121
Valmont Industries
VMI
$9.52B
| $6.05M | ﹤0.01% |
18,808
-4,083
| -18% | -$1.3M |
|
1122
ATI
ATI
$31.4B
| $6.05M | ﹤0.01% |
153,268
-5,047
| -3% | -$191K |
|
|
HDV
1123
iShares Core High Dividend ETF
HDV
$15.1B
| $6.03M | ﹤0.01% |
296,415
+42,485
| +17% | +$872K |
|
|
BLDP
1124
Ballard Power Systems
BLDP
$790M
| $5.99M | ﹤0.01% |
1,074,568
+179,055
| +20% | +$1.03M |
|
1125
Reinsurance Group of America
RGA
$16.1B
| $5.99M | ﹤0.01% |
45,045
+2,430
| +6% | +$344K |
|
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.