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 | |
|---|---|---|---|---|---|---|
2376
Bankunited
BKU
$3.44B
| $528K | ﹤0.01% |
15,977
+1,580
| +11% | +$41K |
|
2377
CleanSpark
CLSK
$3.1B
| $527K | ﹤0.01% |
40,166
+12,300
| +44% | +$76.6K |
|
2378
National Fuel Gas
NFG
$7.79B
| $527K | ﹤0.01% |
10,421
-327
| -3% | -$16.9K |
|
2379
VistaGen Therapeutics
VTGN
$11.9M
| $524K | ﹤0.01% |
+96,900
| New | +$367K |
|
2380
PUT
SLB Ltd
SLB
$79.8B
| $524K | ﹤0.01% |
+10,000
| New | +$544K |
|
2381
Essent Group
ESNT
$6.25B
| $523K | ﹤0.01% |
9,770
+170
| +2% | +$8.31K |
|
2382
SouthState Bank Corp
SSB
$10.8B
| $522K | ﹤0.01% |
6,070
+52
| +0.9% | +$3.84K |
|
|
LTHM
2383
DELISTED
Livent Corporation
LTHM
| $521K | ﹤0.01% |
27,884
-6,433
| -19% | -$100K |
|
2384
Vanguard Russell 1000 Value ETF
VONV
$22B
| $521K | ﹤0.01% |
7,153
-264,586
| -97% | -$17.9M |
|
2385
Concentrix
CNXC
$1.49B
| $520K | ﹤0.01% |
5,193
+300
| +6% | +$26.1K |
|
2386
CALL
Alcoa
AA
$13.2B
| $520K | ﹤0.01% |
+15,000
| New | +$406K |
|
2387
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $519K | ﹤0.01% |
11,858
-5,477
| -32% | -$218K |
|
2388
iShares MSCI Europe Small-Cap ETF
IEUS
$185M
| $519K | ﹤0.01% |
9,172
+8,960
| +4,226% | +$454K |
|
2389
Invesco S&P 500 Quality ETF
SPHQ
$20.1B
| $515K | ﹤0.01% |
9,497
-1,054
| -10% | -$54.2K |
|
2390
Progyny
PGNY
$2.02B
| $513K | ﹤0.01% |
13,581
+4,932
| +57% | +$166K |
|
|
CIZ
2391
DELISTED
VictoryShares Developed Enhanced Volatility Wtd ETF
CIZ
| $513K | ﹤0.01% |
+16,940
| New | +$489K |
|
2392
Global X S&P 500 Covered Call ETF
XYLD
$3.28B
| $513K | ﹤0.01% |
12,983
+7,314
| +129% | +$285K |
|
|
HIVE
2393
HIVE Digital Technologies
HIVE
$736M
| $513K | ﹤0.01% |
93,027
-21,490
| -19% | -$73.4K |
|
2394
CALL
Manchester United
MANU
$4.17B
| $512K | ﹤0.01% |
+25,000
| New | +$474K |
|
2395
Vera Bradley
VRA
$93M
| $512K | ﹤0.01% |
+65,578
| New | +$477K |
|
2396
Enerpac Tool Group
EPAC
$1.89B
| $510K | ﹤0.01% |
15,725
+260
| +2% | +$7.42K |
|
2397
US Treasury 2 Year Note ETF
UTWO
$490M
| $510K | ﹤0.01% |
10,550
| – | – |
|
2398
Penske Automotive Group
PAG
$14.4B
| $510K | ﹤0.01% |
3,128
+911
| +41% | +$140K |
|
2399
Amkor Technology
AMKR
$14.7B
| $509K | ﹤0.01% |
14,910
-960
| -6% | -$25.2K |
|
2400
Vanguard S&P 500 Growth ETF
VOOG
$27.3B
| $509K | ﹤0.01% |
11,226
-1,662
| -13% | -$71.1K |
|
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.