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 | |
|---|---|---|---|---|---|---|
1676
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.38B
| $1.79M | ﹤0.01% |
17,809
-353,089
| -95% | -$34.3M |
|
|
NVEE
1677
DELISTED
NV5 Global
NVEE
| $1.77M | ﹤0.01% |
61,640
+9,564
| +18% | +$243K |
|
1678
AB Tax-Aware Short Duration Municipal ETF
TAFI
$1.37B
| $1.77M | ﹤0.01% |
+71,188
| New | +$1.76M |
|
1679
Schwab US Dividend Equity ETF
SCHD
$108B
| $1.77M | ﹤0.01% |
69,393
-4,092
| -6% | -$97.5K |
|
1680
Graham Holdings Company
GHC
$5.04B
| $1.76M | ﹤0.01% |
2,512
+1,732
| +222% | +$1.08M |
|
1681
CALL
Alamos Gold
AGI
$14B
| $1.76M | ﹤0.01% |
122,700
-7,800
| -6% | -$102K |
|
1682
Credit Acceptance
CACC
$6.1B
| $1.76M | ﹤0.01% |
3,270
-958
| -23% | -$431K |
|
|
B
1683
CALL
Barrick Mining
B
$68.5B
| $1.76M | ﹤0.01% |
95,900
-700
| -0.7% | -$11.5K |
|
1684
Cinemark Holdings
CNK
$4.33B
| $1.75M | ﹤0.01% |
114,742
+80,009
| +230% | +$1.24M |
|
1685
Ambev
ABEV
$43.2B
| $1.75M | ﹤0.01% |
597,628
-7,015
| -1% | -$18.9K |
|
1686
Ericsson
ERIC
$33.6B
| $1.75M | ﹤0.01% |
276,844
+248,240
| +868% | +$1.26M |
|
1687
Nokia
NOK
$60.1B
| $1.75M | ﹤0.01% |
509,304
-1,142,559
| -69% | -$3.88M |
|
1688
PUT
Southern Copper
SCCO
$156B
| $1.75M | ﹤0.01% |
21,833
-27,073
| -55% | -$1.86M |
|
1689
Idacorp
IDA
$8.25B
| $1.75M | ﹤0.01% |
17,765
-798
| -4% | -$77.3K |
|
1690
XPEL
XPEL
$1.38B
| $1.74M | ﹤0.01% |
30,451
+6,654
| +28% | +$357K |
|
1691
Vishay Precision Group
VPG
$969M
| $1.74M | ﹤0.01% |
+50,741
| New | +$1.59M |
|
1692
Ingevity
NGVT
$2.64B
| $1.74M | ﹤0.01% |
35,735
-27
| -0.1% | -$1.12K |
|
1693
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.03B
| $1.73M | ﹤0.01% |
55,387
-20,705
| -27% | -$628K |
|
1694
Unity
U
$20.4B
| $1.73M | ﹤0.01% |
40,539
+35,808
| +757% | +$1.1M |
|
1695
iShares MSCI Japan Small-Cap ETF
SCJ
$265M
| $1.73M | ﹤0.01% |
24,000
+18,890
| +370% | +$1.29M |
|
1696
Dropbox
DBX
$7.48B
| $1.73M | ﹤0.01% |
57,629
+4,514
| +8% | +$125K |
|
1697
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $1.72M | ﹤0.01% |
34,230
-189,355
| -85% | -$9.5M |
|
1698
CALL
Kinross Gold
KGC
$32.4B
| $1.71M | ﹤0.01% |
276,300
-343,100
| -55% | -$1.88M |
|
1699
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $1.71M | ﹤0.01% |
75,931
-82,323
| -52% | -$1.97M |
|
|
TIXT
1700
DELISTED
TELUS International
TIXT
| $1.7M | ﹤0.01% |
197,335
-625,071
| -76% | -$4.55M |
|
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.