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 | |
|---|---|---|---|---|---|---|
2151
CALL
Upstart Holdings
UPST
$2.96B
| $760K | ﹤0.01% |
+17,100
| New | +$521K |
|
|
ECHO
2152
PUT
EchoStar
ECHO
$26.7B
| $758K | ﹤0.01% |
+45,500
| New | +$586K |
|
|
AMRN
2153
Amarin Corp
AMRN
$297M
| $753K | ﹤0.01% |
40,914
+40,297
| +6,531% | +$632K |
|
|
MPT
2154
Medical Properties Trust
MPT
$2.5B
| $752K | ﹤0.01% |
148,060
-257,025
| -63% | -$1.26M |
|
2155
SentinelOne
S
$7.92B
| $752K | ﹤0.01% |
+26,957
| New | +$522K |
|
2156
Kemper
KMPR
$1.62B
| $750K | ﹤0.01% |
15,304
-30,661
| -67% | -$1.34M |
|
2157
KraneShares Global Carbon Strategy ETF
KRBN
$132M
| $749K | ﹤0.01% |
20,523
+17,891
| +680% | +$641K |
|
2158
CALL
nCino
NCNO
$2.28B
| $749K | ﹤0.01% |
+21,800
| New | +$649K |
|
2159
CALL
Opendoor
OPEN
$3.53B
| $747K | ﹤0.01% |
165,333
| – | – |
|
2160
Motorcar Parts of America
MPAA
$236M
| $744K | ﹤0.01% |
+77,052
| New | +$650K |
|
2161
UiPath
PATH
$8.3B
| $743K | ﹤0.01% |
28,941
-1,027
| -3% | -$20K |
|
2162
Old National Bancorp
ONB
$10.4B
| $743K | ﹤0.01% |
43,300
+126
| +0.3% | +$1.89K |
|
2163
Plexus
PLXS
$7.13B
| $741K | ﹤0.01% |
6,554
+1,986
| +43% | +$199K |
|
2164
Aaon
AAON
$7.24B
| $740K | ﹤0.01% |
9,906
+1,367
| +16% | +$84.3K |
|
2165
Alpha Metallurgical Resources
AMR
$2.11B
| $739K | ﹤0.01% |
2,102
+1,249
| +146% | +$329K |
|
2166
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$590M
| $737K | ﹤0.01% |
20,485
-1,666
| -8% | -$57.6K |
|
2167
KraneShares Electric Vehicles and Future Mobility Index ETF
KARS
$80.7M
| $735K | ﹤0.01% |
28,299
+24,634
| +672% | +$619K |
|
2168
CALL
Global X Silver Miners ETF NEW
SIL
$4.79B
| $734K | ﹤0.01% |
+25,000
| New | +$642K |
|
2169
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $734K | ﹤0.01% |
24,625
-343,124
| -93% | -$10.1M |
|
2170
Installed Building Products
IBP
$6.39B
| $733K | ﹤0.01% |
3,900
-2,205
| -36% | -$309K |
|
2171
CALL
Toll Brothers
TOL
$13.9B
| $731K | ﹤0.01% |
+7,000
| New | +$583K |
|
2172
Extreme Networks
EXTR
$3.2B
| $730K | ﹤0.01% |
40,334
+26,270
| +187% | +$497K |
|
2173
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.3B
| $729K | ﹤0.01% |
10,360
+550
| +6% | +$36.3K |
|
2174
ARK Blockchain & Fintech Innovation ETF
ARKF
$771M
| $729K | ﹤0.01% |
25,715
+19,175
| +293% | +$422K |
|
|
HITI
2175
CALL
High Tide
HITI
$206M
| $728K | ﹤0.01% |
444,600
+16,800
| +4% | +$25.3K |
|
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.