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 | |
|---|---|---|---|---|---|---|
2101
DNOW Inc
DNOW
$2.97B
| $789K | ﹤0.01% |
68,292
-1,085
| -2% | -$12.1K |
|
|
CLVT.PRA
2102
DELISTED
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
| $788K | ﹤0.01% |
25,000
| – | – |
|
2103
iShares ESG Aware MSCI EM ETF
ESGE
$6.84B
| $787K | ﹤0.01% |
24,811
+22,464
| +957% | +$711K |
|
2104
Interparfums
IPAR
$3.67B
| $786K | ﹤0.01% |
5,651
-953
| -14% | -$131K |
|
2105
PUT
General Dynamics
GD
$107B
| $785K | ﹤0.01% |
+3,500
| New | +$774K |
|
2106
Helen of Troy
HELE
$704M
| $784K | ﹤0.01% |
6,617
-771
| -10% | -$96K |
|
2107
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$290M
| $780K | ﹤0.01% |
33,572
+13,740
| +69% | +$321K |
|
2108
CALL
DraftKings
DKNG
$13B
| $776K | ﹤0.01% |
25,000
+20,000
| +400% | +$591K |
|
|
HITI
2109
CALL
High Tide
HITI
$206M
| $775K | ﹤0.01% |
+427,800
| New | +$611K |
|
2110
Choice Hotels
CHH
$4.7B
| $774K | ﹤0.01% |
6,174
-36
| -0.6% | -$4.53K |
|
|
SCHV
2111
Schwab US Large-Cap Value ETF
SCHV
$16.3B
| $773K | ﹤0.01% |
34,161
-7,506
| -18% | -$169K |
|
2112
Otter Tail
OTTR
$3.9B
| $773K | ﹤0.01% |
9,403
-6,424
| -41% | -$527K |
|
2113
RLI Corp
RLI
$5.85B
| $773K | ﹤0.01% |
11,282
-7,306
| -39% | -$493K |
|
2114
First Trust STOXX European Select Dividend Income Fund
FDD
$916M
| $773K | ﹤0.01% |
+67,198
| New | +$766K |
|
2115
Simply Good Foods
SMPL
$1B
| $772K | ﹤0.01% |
22,412
-106
| -0.5% | -$3.81K |
|
2116
Littelfuse
LFUS
$11.6B
| $770K | ﹤0.01% |
3,031
-41
| -1% | -$11.1K |
|
2117
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$3.09B
| $770K | ﹤0.01% |
35,570
-14,444
| -29% | -$305K |
|
|
CIVI
2118
DELISTED
Civitas Resources
CIVI
| $764K | ﹤0.01% |
9,150
+2,512
| +38% | +$194K |
|
|
LNW
2119
DELISTED
Light & Wonder
LNW
| $764K | ﹤0.01% |
9,698
-454,417
| -98% | -$33M |
|
2120
Liberty Global Class C
LBTYK
$3.49B
| $762K | ﹤0.01% |
38,652
-3,369
| -8% | -$64.8K |
|
2121
Avis
CAR
$4.87B
| $761K | ﹤0.01% |
3,765
-469
| -11% | -$102K |
|
2122
Zai Lab
ZLAB
$2.91B
| $759K | ﹤0.01% |
28,443
-9,057
| -24% | -$241K |
|
2123
Alarm.com
ALRM
$2.73B
| $759K | ﹤0.01% |
12,753
+1,603
| +14% | +$90.6K |
|
2124
iShares MSCI Europe Financials ETF
EUFN
$4.31B
| $757K | ﹤0.01% |
39,069
-1,269
| -3% | -$24.5K |
|
2125
Riot Platforms
RIOT
$7.14B
| $754K | ﹤0.01% |
70,037
+49,208
| +236% | +$678K |
|
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.