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 | Miscellaneous | 12.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2476
Northern Trust Morningstar US Market Factor Tilt ETF
TILT
$2.18B
| $430K | ﹤0.01% |
2,499
-59
| -2% | -$10K |
2021 Q4
7 quarters
|
|
2477
Valley National Bancorp
VLY
$7B
| $428K | ﹤0.01% |
42,544
+795
| +2% | +$7.21K |
2013 Q2
41 quarters
|
|
2478
BridgeBio Pharma
BBIO
$13.1B
| $427K | ﹤0.01% |
+14,608
| New | +$415K |
2023 Q3
0 quarters
|
|
|
CHW
2479
Calamos Global Dynamic Income Fund
CHW
$510M
| $426K | ﹤0.01% |
65,000
| – | – |
2022 Q4
3 quarters
|
|
2480
Enerpac Tool Group
EPAC
$1.79B
| $424K | ﹤0.01% |
15,465
-459
| -3% | -$12.3K |
2013 Q2
41 quarters
|
|
2481
Ameris Bancorp
ABCB
$5.38B
| $423K | ﹤0.01% |
10,732
-1,657
| -13% | -$65.9K |
2013 Q2
41 quarters
|
|
2482
Schwab US Broad Market ETF
SCHB
$44.4B
| $423K | ﹤0.01% |
24,264
-16,521
| -41% | -$286K |
2013 Q2
41 quarters
|
|
2483
State Street SPDR Portfolio Europe ETF
SPEU
$687M
| $422K | ﹤0.01% |
+10,976
| New | +$417K |
2023 Q3
0 quarters
|
|
2484
Pediatrix Medical
MD
$2.09B
| $422K | ﹤0.01% |
28,562
-27,772
| -49% | -$381K |
2013 Q2
41 quarters
|
|
|
KTF
2485
DWS Municipal Income Trust
KTF
$317M
| $422K | ﹤0.01% |
43,102
+2,250
| +6% | +$18.9K |
2022 Q1
6 quarters
|
|
2486
Health Catalyst
HCAT
$128M
| $419K | ﹤0.01% |
+38,224
| New | +$456K |
2023 Q3
0 quarters
|
|
2487
BlueLinx
BXC
$580M
| $418K | ﹤0.01% |
4,806
| – | – |
2020 Q2
13 quarters
|
|
|
GRES
2488
DELISTED
IQ ARB Global Resources
GRES
| $416K | ﹤0.01% |
+12,155
| New | +$407K |
2023 Q3
0 quarters
|
|
2489
Lindsay Corp
LNN
$1.14B
| $416K | ﹤0.01% |
3,309
-188
| -5% | -$23.2K |
2013 Q2
41 quarters
|
|
|
HYFT
2490
MindWalk Holdings
HYFT
$62.7M
| $415K | ﹤0.01% |
180,382
-27,728
| -13% | -$63.7K |
2020 Q4
11 quarters
|
|
|
PARA
2491
CALL
DELISTED
Paramount Global Class B
PARA
| $414K | ﹤0.01% |
10,500
| – | – |
2023 Q1
2 quarters
|
|
2492
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$43.5B
| $413K | ﹤0.01% |
8,572
+6,087
| +245% | +$293K |
2022 Q3
4 quarters
|
|
2493
Highwoods Properties
HIW
$3.21B
| $413K | ﹤0.01% |
18,030
-135
| -0.7% | -$3.21K |
2013 Q2
41 quarters
|
|
2494
Innovator US Equity Accelerated 9 Buffer ETF October
XBOC
$63.7M
| $412K | ﹤0.01% |
15,800
+400
| +3% | +$10.4K |
2021 Q4
7 quarters
|
|
|
AEL
2495
DELISTED
American Equity Investment Life Holding Company
AEL
| $412K | ﹤0.01% |
7,632
-147,242
| -95% | -$7.88M |
2013 Q2
41 quarters
|
|
2496
NovoCure
NVCR
$1.85B
| $412K | ﹤0.01% |
21,314
+4,901
| +30% | +$141K |
2016 Q1
30 quarters
|
|
2497
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$611M
| $412K | ﹤0.01% |
5,130
-6,003
| -54% | -$453K |
2020 Q2
13 quarters
|
|
|
VRTV
2498
DELISTED
VERITIV CORPORATION
VRTV
| $411K | ﹤0.01% |
2,438
-105
| -4% | -$16.3K |
2014 Q3
36 quarters
|
|
2499
First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
$97.4M
| $410K | ﹤0.01% |
9,432
+756
| +9% | +$33K |
2023 Q2
1 quarter
|
|
2500
Apple Hospitality REIT
APLE
$3.86B
| $410K | ﹤0.01% |
+25,291
| New | +$387K |
2023 Q3
0 quarters
|
|
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, 1,477 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.