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 | |
|---|---|---|---|---|---|---|
1601
Knight Transportation
KNX
$11.8B
| $2.19M | ﹤0.01% |
38,624
-1,065
| -3% | -$60.9K |
|
1602
Federal Signal
FSS
$7.68B
| $2.19M | ﹤0.01% |
40,321
+2,378
| +6% | +$124K |
|
1603
Ultragenyx Pharmaceutical
RARE
$2.61B
| $2.18M | ﹤0.01% |
+54,407
| New | +$2.33M |
|
|
QUOT
1604
DELISTED
Quotient Technology Inc
QUOT
| $2.18M | ﹤0.01% |
645,462
-721,975
| -53% | -$2.56M |
|
|
GLOP
1605
DELISTED
GASLOG PARTNERS LP
GLOP
| $2.18M | ﹤0.01% |
+257,560
| New | +$2.08M |
|
1606
Pacer Industrial Real Estate ETF
INDS
$116M
| $2.18M | ﹤0.01% |
53,793
+51,030
| +1,847% | +$2.03M |
|
1607
GATX Corp
GATX
$6.38B
| $2.17M | ﹤0.01% |
19,720
+1,135
| +6% | +$124K |
|
1608
American States Water
AWR
$3.53B
| $2.17M | ﹤0.01% |
24,301
+1,770
| +8% | +$162K |
|
1609
iShares US Medical Devices ETF
IHI
$3.46B
| $2.17M | ﹤0.01% |
40,130
-199,166
| -83% | -$10.6M |
|
1610
Schwab U.S Small- Cap ETF
SCHA
$23.7B
| $2.15M | ﹤0.01% |
102,550
+152
| +0.1% | +$3.27K |
|
1611
Lennox International
LII
$14.6B
| $2.1M | ﹤0.01% |
8,177
-56
| -0.7% | -$14.1K |
|
|
VSTO
1612
DELISTED
Vista Outdoor Inc.
VSTO
| $2.09M | ﹤0.01% |
73,328
-308,809
| -81% | -$8.46M |
|
1613
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $2.09M | ﹤0.01% |
291,030
+10,297
| +4% | +$73.1K |
|
1614
Palantir
PLTR
$418B
| $2.09M | ﹤0.01% |
247,028
+32,689
| +15% | +$256K |
|
1615
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $2.09M | ﹤0.01% |
41,203
+10,004
| +32% | +$503K |
|
1616
Compass Minerals
CMP
$1.11B
| $2.09M | ﹤0.01% |
53,740
+4,611
| +9% | +$184K |
|
1617
CALL
M&T Bank
MTB
$36.7B
| $2.08M | ﹤0.01% |
+17,300
| New | +$2.51M |
|
1618
PUT
Palo Alto Networks
PANW
$313B
| $2.08M | ﹤0.01% |
+20,800
| New | +$1.76M |
|
1619
Axos Financial
AX
$5.8B
| $2.07M | ﹤0.01% |
53,778
+2,835
| +6% | +$122K |
|
1620
JPMorgan International Growth ETF
JIG
$509M
| $2.07M | ﹤0.01% |
35,632
+11,251
| +46% | +$632K |
|
|
FLG
1621
Flagstar Bank National Association
FLG
$5.92B
| $2.07M | ﹤0.01% |
75,098
-552,318
| -88% | -$14.9M |
|
|
HTO
1622
H2O America
HTO
$2.67B
| $2.06M | ﹤0.01% |
27,012
-2,391
| -8% | -$185K |
|
1623
STMicroelectronics
STM
$48.5B
| $2.05M | ﹤0.01% |
38,362
-48,737
| -56% | -$2.27M |
|
1624
KB Home
KBH
$3.44B
| $2.05M | ﹤0.01% |
51,029
+603
| +1% | +$22K |
|
|
AJRD
1625
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $2.05M | ﹤0.01% |
36,406
-10,089
| -22% | -$564K |
|
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.