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 | |
|---|---|---|---|---|---|---|
2426
HealthEquity
HQY
$8.76B
| $630 | ﹤0.01% |
8,813
+1,606
| +22% | +$102K |
|
2427
Rocket Companies
RKT
$41.8B
| $628 | ﹤0.01% |
97,043
-2,337
| -2% | -$20.3K |
|
2428
Banco Bradesco
BBD
$34.2B
| $627 | ﹤0.01% |
168,760
-5,017
| -3% | -$17.7K |
|
2429
Cemex
CX
$16B
| $626 | ﹤0.01% |
182,655
-9,211
| -5% | -$36.4K |
|
2430
Empire State Realty Trust
ESRT
$822M
| $625 | ﹤0.01% |
84,121
+56,904
| +209% | +$422K |
|
2431
Lennar Class B
LEN.B
$20.6B
| $625 | ﹤0.01% |
10,697
+10,476
| +4,740% | +$637K |
|
2432
PUT
Take-Two Interactive
TTWO
$46.2B
| $625 | ﹤0.01% |
4,900
-90,100
| -95% | -$11.2M |
|
2433
Hancock Whitney
HWC
$6.4B
| $624 | ﹤0.01% |
12,948
+2,982
| +30% | +$143K |
|
2434
BlackRock MuniHoldings California Quality Fund
MUC
$1.01B
| $624 | ﹤0.01% |
53,215
+4,508
| +9% | +$54.4K |
|
|
MPT
2435
CALL
Medical Properties Trust
MPT
$2.5B
| $622 | ﹤0.01% |
+45,100
| New | +$683K |
|
2436
Revolve Group
RVLV
$1.68B
| $622 | ﹤0.01% |
26,816
-44,845
| -63% | -$1.18M |
|
2437
Wipro
WIT
$19.2B
| $622 | ﹤0.01% |
259,308
-372,004
| -59% | -$962K |
|
2438
Tootsie Roll Industries
TR
$3.08B
| $620 | ﹤0.01% |
20,317
+20
| +0.1% | +$624 |
|
|
LDTC
2439
DELISTED
LeddarTech
LDTC
| $616 | ﹤0.01% |
123,640
+57,248
| +86% | +$283K |
|
2440
Erie Indemnity
ERIE
$13.4B
| $615 | ﹤0.01% |
2,744
+22
| +0.8% | +$4.63K |
|
|
TWLV
2441
DELISTED
Twelve Seas Investment Company II Class A Common Stock
TWLV
| $615 | ﹤0.01% |
62,489
+9,491
| +18% | +$93.3K |
|
2442
CALL
EPR Properties
EPR
$4.69B
| $614 | ﹤0.01% |
+14,800
| New | +$698K |
|
|
GLDD
2443
DELISTED
Great Lakes Dredge & Dock
GLDD
| $612 | ﹤0.01% |
73,044
-7
| -0% | -$73 |
|
|
PHLT
2444
DELISTED
Performant Healthcare Inc
PHLT
| $608 | ﹤0.01% |
214,758
-193,466
| -47% | -$450K |
|
2445
State Street Blackstone High Income ETF
HYBL
$576M
| $607 | ﹤0.01% |
+21,703
| New | +$606K |
|
2446
ASE Group
ASX
$103B
| $606 | ﹤0.01% |
119,721
+105,489
| +741% | +$594K |
|
2447
Applied Industrial Technologies
AIT
$13.4B
| $605 | ﹤0.01% |
5,835
-60
| -1% | -$6.16K |
|
2448
iShares Core S&P US Value ETF
IUSV
$28B
| $603 | ﹤0.01% |
8,849
+668
| +8% | +$46.1K |
|
2449
Sonoco
SON
$5.76B
| $603 | ﹤0.01% |
10,349
-7,278
| -41% | -$447K |
|
2450
Apogee Enterprises
APOG
$889M
| $601 | ﹤0.01% |
15,463
+150
| +1% | +$6.11K |
|
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.