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 | |
|---|---|---|---|---|---|---|
1401
RenaissanceRe
RNR
$13.4B
| $3.38M | ﹤0.01% |
16,853
+173
| +1% | +$33.3K |
|
1402
Stride
LRN
$3.45B
| $3.36M | ﹤0.01% |
75,769
+4,854
| +7% | +$197K |
|
1403
PUT
First Solar
FSLR
$24.4B
| $3.36M | ﹤0.01% |
18,600
| – | – |
|
1404
Sumitomo Mitsui Financial
SMFG
$167B
| $3.35M | ﹤0.01% |
328,883
-4,786
| -1% | -$44.3K |
|
1405
Sprott Physical Silver Trust
PSLV
$13.4B
| $3.33M | ﹤0.01% |
422,856
+149,298
| +55% | +$1.2M |
|
1406
DXC Technology
DXC
$1.73B
| $3.33M | ﹤0.01% |
160,382
+11,745
| +8% | +$270K |
|
1407
Elastic
ESTC
$8.79B
| $3.33M | ﹤0.01% |
42,499
+35,757
| +530% | +$2.44M |
|
1408
Cardlytics
CDLX
$24.3M
| $3.33M | ﹤0.01% |
17,332
-19,734
| -53% | -$2.56M |
|
1409
Lamar Advertising Co
LAMR
$15.9B
| $3.33M | ﹤0.01% |
38,795
-3,756
| -9% | -$345K |
|
1410
PUT
Sabre
SABR
$904M
| $3.33M | ﹤0.01% |
+700,000
| New | +$3.18M |
|
1411
SoFi Technologies
SOFI
$23.8B
| $3.32M | ﹤0.01% |
366,308
+73,762
| +25% | +$649K |
|
1412
Tenet Healthcare
THC
$21.5B
| $3.31M | ﹤0.01% |
47,489
-81,632
| -63% | -$6.1M |
|
1413
Constellium
CSTM
$4.03B
| $3.3M | ﹤0.01% |
187,858
+35,834
| +24% | +$632K |
|
1414
PUT
Amgen
AMGN
$223B
| $3.3M | ﹤0.01% |
+12,600
| New | +$3.14M |
|
1415
BWX Technologies
BWXT
$15.8B
| $3.29M | ﹤0.01% |
44,004
+25,673
| +140% | +$1.86M |
|
|
CUTR
1416
DELISTED
Cutera, Inc.
CUTR
| $3.28M | ﹤0.01% |
336,676
-327,359
| -49% | -$4.15M |
|
1417
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $3.28M | ﹤0.01% |
75,971
+9,968
| +15% | +$432K |
|
1418
PUT
Neurocrine Biosciences
NBIX
$15.5B
| $3.28M | ﹤0.01% |
+28,800
| New | +$3.03M |
|
1419
Rexford Industrial Realty
REXR
$8.12B
| $3.26M | ﹤0.01% |
62,595
-1,344
| -2% | -$71.1K |
|
1420
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.39B
| $3.25M | ﹤0.01% |
19,130
+6,816
| +55% | +$1.13M |
|
1421
WillScot Mobile Mini Holdings
WSC
$4.36B
| $3.24M | ﹤0.01% |
76,347
-66,324
| -46% | -$2.92M |
|
1422
Nutanix
NTNX
$17.9B
| $3.24M | ﹤0.01% |
89,868
-585,240
| -87% | -$18.4M |
|
1423
Patterson-UTI
PTEN
$4.32B
| $3.24M | ﹤0.01% |
201,036
+164,533
| +451% | +$2.41M |
|
|
IVCB
1424
DELISTED
Investcorp Europe Acquisition Corp I Class A Ordinary Shares
IVCB
| $3.23M | ﹤0.01% |
297,591
| – | – |
|
|
SRCL
1425
DELISTED
Stericycle Inc
SRCL
| $3.23M | ﹤0.01% |
71,669
+2,551
| +4% | +$114K |
|
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.