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 |
Royal Bank of Canada
RY
|
+$1.05B |
| 2 |
TC Energy
TRP
|
+$688M |
| 3 |
Toronto Dominion Bank
TD
|
+$601M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 5 |
Broadcom
AVGO
|
+$532M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advanced Micro Devices
AMD
|
+$324M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$240M |
| 3 |
NVIDIA
NVDA
|
+$232M |
| 4 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$220M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.73% |
| 2 | Consumer Discretionary | 17.33% |
| 3 | Financials | 14.55% |
| 4 | Technology | 12.7% |
| 5 | Energy | 4.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1326
CALL
McDonald's
MCD
$195B
| $3.98M | ﹤0.01% |
+14,200
| New | +$4.05M |
|
1327
PUT
Cisco
CSCO
$435B
| $3.97M | ﹤0.01% |
70,100
| – | – |
|
|
1328
CALL
Cisco
CSCO
$435B
| $3.97M | ﹤0.01% |
70,000
| – | – |
|
1329
Sun Communities
SUI
$15.1B
| $3.95M | ﹤0.01% |
30,463
-4,106
| -12% | -$521K |
|
1330
CALL
iShares US Real Estate ETF
IYR
$4.6B
| $3.93M | ﹤0.01% |
+46,400
| New | +$3.95M |
|
1331
Hexcel
HXL
$7.8B
| $3.91M | ﹤0.01% |
53,552
+389
| +0.7% | +$27.7K |
|
1332
Lazard
LAZ
$4.42B
| $3.9M | ﹤0.01% |
+116,183
| New | +$3.89M |
|
1333
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$540M
| $3.9M | ﹤0.01% |
41,713
-1,320
| -3% | -$123K |
|
1334
NovaGold Resources
NG
$3.5B
| $3.89M | ﹤0.01% |
951,071
-95,519
| -9% | -$401K |
|
1335
Algoma Steel
ASTL
$453M
| $3.89M | ﹤0.01% |
504,952
-37,607
| -7% | -$270K |
|
1336
iShares US Financials ETF
IYF
$4.44B
| $3.88M | ﹤0.01% |
49,664
+521
| +1% | +$40.2K |
|
1337
Fabrinet
FN
$20.2B
| $3.85M | ﹤0.01% |
24,909
+19,513
| +362% | +$2.71M |
|
1338
nVent Electric
NVT
$27.8B
| $3.85M | ﹤0.01% |
66,770
+16,006
| +32% | +$863K |
|
1339
Travel + Leisure Co
TNL
$4.6B
| $3.84M | ﹤0.01% |
66,030
+13,471
| +26% | +$538K |
|
1340
CALL
Rogers Communications
RCI
$19.7B
| $3.83M | ﹤0.01% |
92,300
-358,700
| -80% | -$15M |
|
1341
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.48B
| $3.83M | ﹤0.01% |
42,709
-2,885
| -6% | -$260K |
|
1342
Oscar Health
OSCR
$10.1B
| $3.8M | ﹤0.01% |
+617,436
| New | +$4.32M |
|
|
EXE
1343
Expand Energy Corp
EXE
$22B
| $3.8M | ﹤0.01% |
44,443
+9,246
| +26% | +$785K |
|
1344
Rentokil
RTO
$12B
| $3.79M | ﹤0.01% |
93,367
-25,247
| -21% | -$964K |
|
1345
Watsco Inc
WSO
$12.8B
| $3.79M | ﹤0.01% |
10,723
-10,436
| -49% | -$3.77M |
|
1346
Teva Pharmaceuticals
TEVA
$42.5B
| $3.78M | ﹤0.01% |
356,684
-3,357
| -0.9% | -$31.3K |
|
1347
Entegris
ENTG
$24.5B
| $3.76M | ﹤0.01% |
40,881
-42
| -0.1% | -$4.21K |
|
1348
PUT
Algonquin Power & Utilities
AQN
$4.5B
| $3.75M | ﹤0.01% |
+523,000
| New | +$3.94M |
|
1349
CALL
Box
BOX
$4.58B
| $3.75M | ﹤0.01% |
+124,000
| New | +$3.54M |
|
|
EVBG
1350
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $3.72M | ﹤0.01% |
155,421
-86
| -0.1% | -$2.22K |
|
Similar funds
Bank of Montreal's Q3 2023 Portfolio in Review
As of Q3 2023, Bank of Montreal held 4,441 positions worth $289B, down 0.13% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q3 2023 filing shows 494 new, 1,385 increased, 1,479 reduced and 672 closed positions. Its largest new stake was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M. The largest sale was Advanced Micro Devices, an estimated $324M.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Bank of Montreal's largest Q3 2023 buy was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2023, an estimated $1.05B increase.
- Bank of Montreal's biggest Q3 2023 reduction was Advanced Micro Devices, cutting an estimated $324M.
- Bank of Montreal fully exited PG&E Corporation in Q3 2023, selling an estimated $48M.
- Bank of Montreal's ten largest holdings make up 51% of its $289B portfolio in Q3 2023.
- Bank of Montreal opened 494 new positions and closed 672 in Q3 2023.
- Bank of Montreal's portfolio value fell 0.13% quarter-over-quarter to $289B.
Based on Bank of Montreal's 13F filing for Q3 2023, filed 1 Nov 2023.