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 | |
|---|---|---|---|---|---|---|---|
2501
M/I Homes
MHO
$3.42B
| $410K | ﹤0.01% |
4,321
-149
| -3% | -$13.8K |
2023 Q1
2 quarters
|
|
2502
Invesco Advantage Municipal Income Trust II
VKI
$332M
| $409K | ﹤0.01% |
43,762
+2,314
| +6% | +$18.9K |
2022 Q1
6 quarters
|
|
2503
Simmons First National
SFNC
$3.28B
| $409K | ﹤0.01% |
23,321
+7,528
| +48% | +$136K |
2015 Q1
34 quarters
|
|
|
NXJ
2504
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $408K | ﹤0.01% |
30,907
+1,660
| +6% | +$18.7K |
2022 Q1
6 quarters
|
|
2505
Vanguard Energy ETF
VDE
$10.6B
| $408K | ﹤0.01% |
3,122
+53
| +2% | +$6.49K |
2020 Q4
11 quarters
|
|
2506
SouthState Bank Corp
SSB
$9.76B
| $407K | ﹤0.01% |
6,018
+82
| +1% | +$5.91K |
2022 Q1
6 quarters
|
|
2507
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$156M
| $407K | ﹤0.01% |
+21,400
| New | +$399K |
2023 Q3
0 quarters
|
|
|
SOHU
2508
Sohu.com
SOHU
$334M
| $407K | ﹤0.01% |
36,336
+18,666
| +106% | +$202K |
2023 Q2
1 quarter
|
|
2509
Beyond Meat
BYND
$142M
| $407K | ﹤0.01% |
1,308
-5,518
| -81% | -$2.16M |
2023 Q2
1 quarter
|
|
|
NQP
2510
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $405K | ﹤0.01% |
31,708
+1,718
| +6% | +$18.8K |
2022 Q1
6 quarters
|
|
|
XHYF
2511
DELISTED
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
XHYF
| $405K | ﹤0.01% |
11,423
+7,888
| +223% | +$280K |
2023 Q2
1 quarter
|
|
2512
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$229M
| $405K | ﹤0.01% |
9,450
+5,715
| +153% | +$248K |
2023 Q2
1 quarter
|
|
2513
Signet Jewelers
SIG
$3.99B
| $404K | ﹤0.01% |
5,278
+552
| +12% | +$41K |
2013 Q2
41 quarters
|
|
2514
Cytokinetics
CYTK
$9.12B
| $403K | ﹤0.01% |
11,205
-233,104
| -95% | -$7.76M |
2015 Q3
32 quarters
|
|
2515
Digital Turbine
APPS
$1.4B
| $401K | ﹤0.01% |
58,082
+47,544
| +451% | +$423K |
2020 Q2
13 quarters
|
|
|
BFK
2516
DELISTED
BlackRock Municipal Income Trust
BFK
| $401K | ﹤0.01% |
35,773
+1,943
| +6% | +$18.9K |
2022 Q4
3 quarters
|
|
2517
Diodes
DIOD
$4.49B
| $400K | ﹤0.01% |
5,032
-193
| -4% | -$16.2K |
2013 Q2
41 quarters
|
|
2518
Fidelity Low Volatility Factor ETF
FDLO
$1.39B
| $400K | ﹤0.01% |
7,882
-133
| -2% | -$6.67K |
2023 Q2
1 quarter
|
|
2519
Fastly Inc
FSLY
$4.2B
| $400K | ﹤0.01% |
19,420
-10,876
| -36% | -$212K |
2022 Q1
6 quarters
|
|
2520
CALL
Rush Street Interactive
RSI
$2.35B
| $400K | ﹤0.01% |
+75,000
| New | +$316K |
2023 Q3
0 quarters
|
|
2521
VanEck Agribusiness ETF
MOO
$1.16B
| $400K | ﹤0.01% |
4,163
-15
| -0.4% | -$1.25K |
2013 Q2
41 quarters
|
|
2522
Invesco Financial Preferred ETF
PGF
$616M
| $400K | ﹤0.01% |
27,964
+2,700
| +11% | +$38.5K |
2013 Q2
41 quarters
|
|
2523
First Trust Utilities AlphaDEX Fund
FXU
$728M
| $399K | ﹤0.01% |
+12,755
| New | +$398K |
2023 Q3
0 quarters
|
|
|
BLE
2524
DELISTED
BlackRock Municipal Income Trust II
BLE
| $399K | ﹤0.01% |
34,430
+1,872
| +6% | +$18.8K |
2022 Q1
6 quarters
|
|
|
DMB
2525
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$172M
| $398K | ﹤0.01% |
34,941
+1,749
| +5% | +$18.8K |
2022 Q4
3 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.