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
|
+$905M |
| 2 |
Toronto Dominion Bank
TD
|
+$900M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$596M |
| 4 |
Brookfield
BN
|
+$554M |
| 5 |
Telus
TU
|
+$458M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Meta Platforms (Facebook)
META
|
+$638M |
| 3 |
TC Energy
TRP
|
+$550M |
| 4 |
NVIDIA
NVDA
|
+$423M |
| 5 |
UnitedHealth
UNH
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.33% |
| 2 | Financials | 15.65% |
| 3 | Consumer Discretionary | 14.79% |
| 4 | Technology | 10.38% |
| 5 | Industrials | 5.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $655 | ﹤0.01% |
22,197
+1,600
| +8% | +$47.5K |
|
|
AXIA
2402
DELISTED
AXIA Energia
AXIA
| $653 | ﹤0.01% |
102,052
-21,421
| -17% | -$149K |
|
2403
PUT
Virgin Galactic
SPCE
$503M
| $652 | ﹤0.01% |
6,690
+2,720
| +69% | +$349K |
|
2404
Silicon Laboratories
SLAB
$7.29B
| $651 | ﹤0.01% |
5,107
+1,685
| +49% | +$225K |
|
2405
Mercury Insurance
MCY
$5.84B
| $650 | ﹤0.01% |
+22,014
| New | +$798K |
|
|
IRAA
2406
DELISTED
Iris Acquisition Corp Class A Common Stock
IRAA
| $649 | ﹤0.01% |
+65,972
| New | +$647K |
|
|
TEKK
2407
DELISTED
Tekkorp Digital Acquisition Corp. Class A Ordinary Shares
TEKK
| $646 | ﹤0.01% |
64,452
+14,452
| +29% | +$144K |
|
2408
CALL
Salesforce
CRM
$161B
| $644 | ﹤0.01% |
3,900
-9,100
| -70% | -$1.54M |
|
2409
Leslie's
LESL
$6.04M
| $643 | ﹤0.01% |
2,182
+283
| +15% | +$85K |
|
2410
Dole
DOLE
$1.26B
| $642 | ﹤0.01% |
+87,186
| New | +$775K |
|
2411
Mercury Systems
MRCY
$6.67B
| $641 | ﹤0.01% |
13,453
-1,899
| -12% | -$99.5K |
|
2412
Amplify Cybersecurity ETF
HACK
$2.98B
| $640 | ﹤0.01% |
14,015
+1,500
| +12% | +$71.6K |
|
2413
Meritage Homes
MTH
$4.76B
| $640 | ﹤0.01% |
17,146
-290
| -2% | -$11.7K |
|
2414
Comtech Telecommunications
CMTL
$52.7M
| $639 | ﹤0.01% |
59,764
-1,228
| -2% | -$13.5K |
|
2415
Rayonier
RYN
$6.49B
| $639 | ﹤0.01% |
21,490
-16,428
| -43% | -$530K |
|
2416
PUT
PENN Entertainment
PENN
$2.52B
| $638 | ﹤0.01% |
23,200
| – | – |
|
|
FLG
2417
Flagstar Bank National Association
FLG
$5.92B
| $637 | ﹤0.01% |
21,431
-1,462
| -6% | -$42.9K |
|
|
LCA
2418
DELISTED
Landcadia Holdings IV, Inc. Class A Common Stock
LCA
| $637 | ﹤0.01% |
64,850
+37,140
| +134% | +$364K |
|
2419
EnerSys
ENS
$7.42B
| $636 | ﹤0.01% |
9,852
-152
| -2% | -$9.68K |
|
2420
Lithia Motors
LAD
$8.3B
| $636 | ﹤0.01% |
2,739
-13,647
| -83% | -$3.57M |
|
2421
Flex
FLEX
$46.6B
| $635 | ﹤0.01% |
48,945
-76,832
| -61% | -$982K |
|
2422
BioCryst Pharmaceuticals
BCRX
$2.49B
| $632 | ﹤0.01% |
48,995
-1,427
| -3% | -$18.4K |
|
|
HPP
2423
Hudson Pacific Properties
HPP
$754M
| $631 | ﹤0.01% |
6,932
-69,445
| -91% | -$6.75M |
|
2424
Neogen
NEOG
$2.54B
| $631 | ﹤0.01% |
29,744
+14,586
| +96% | +$294K |
|
2425
Dillards
DDS
$8.76B
| $630 | ﹤0.01% |
2,287
-7
| -0.3% | -$1.85K |
|
Similar funds
Bank of Montreal's Q3 2022 Portfolio in Review
As of Q3 2022, Bank of Montreal held 4,641 positions worth $232M, up 7.5% from $215M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Bank of Montreal withdrew a net $631M in Q3 2022, closing 592 positions and reducing 1,550 holdings. Its most notable exit was Alibaba, an estimated $964K position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, up from 6.8% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Bank of Montreal opened a new position in MSD Acquisition Corp. Class A Ordinary Shares worth $24.3K.
- Bank of Montreal's largest Q3 2022 buy was MSD Acquisition Corp. Class A Ordinary Shares: 2,453,513 shares worth $24.3K.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2022, an estimated $905M increase.
- Bank of Montreal's biggest Q3 2022 reduction was Apple, cutting an estimated $1.07B.
- Bank of Montreal fully exited Alibaba in Q3 2022, selling an estimated $964K.
- Bank of Montreal's ten largest holdings make up 45% of its $232M portfolio in Q3 2022.
- Bank of Montreal opened 635 new positions and closed 592 in Q3 2022.
- Bank of Montreal's portfolio value rose 7.5% quarter-over-quarter to $232M.
Based on Bank of Montreal's 13F filing for Q3 2022, filed 10 Nov 2022.