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 | Miscellaneous | 12.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2501
Global X Gold Explorers ETF NEW
GOEX
$119M
| $443K | ﹤0.01% |
16,845
-1,628
| -9% | -$38.3K |
2022 Q4
4 quarters
|
|
2502
Ingles Markets
IMKTA
$1.61B
| $442K | ﹤0.01% |
+5,103
| New | +$415K |
2023 Q4
0 quarters
|
|
2503
Home BancShares
HOMB
$5.71B
| $442K | ﹤0.01% |
17,198
+322
| +2% | +$7.18K |
2013 Q2
42 quarters
|
|
2504
Strawberry Fields REIT
STRW
$182M
| $441K | ﹤0.01% |
+55,322
| New | +$394K |
2023 Q4
0 quarters
|
|
2505
MGE Energy Inc
MGEE
$2.65B
| $441K | ﹤0.01% |
6,047
-528
| -8% | -$38.2K |
2023 Q2
2 quarters
|
|
2506
Oportun Financial
OPRT
$378M
| $439K | ﹤0.01% |
+111,929
| New | +$478K |
2023 Q4
0 quarters
|
|
2507
Franklin FTSE Asia ex Japan ETF
FLAX
$58.7M
| $438K | ﹤0.01% |
+20,538
| New | +$423K |
2023 Q4
0 quarters
|
|
|
TPH
2508
DELISTED
Tri Pointe Homes
TPH
| $438K | ﹤0.01% |
12,179
-18,930
| -61% | -$550K |
2013 Q2
42 quarters
|
|
2509
Banco Santander
SAN
$193B
| $437K | ﹤0.01% |
104,288
-25,967
| -20% | -$102K |
2013 Q2
42 quarters
|
|
2510
Affirm
AFRM
$23.8B
| $437K | ﹤0.01% |
8,495
-2,863
| -25% | -$82.8K |
2021 Q1
11 quarters
|
|
2511
ProShares K-1 Free Crude Oil Strategy ETF
OILK
$230M
| $437K | ﹤0.01% |
+9,800
| New | +$443K |
2023 Q4
0 quarters
|
|
2512
Gibraltar Industries
ROCK
$1.18B
| $436K | ﹤0.01% |
5,441
+236
| +5% | +$16.1K |
2013 Q2
42 quarters
|
|
|
CHW
2513
Calamos Global Dynamic Income Fund
CHW
$510M
| $436K | ﹤0.01% |
65,000
| – | – |
2022 Q4
4 quarters
|
|
2514
Brendan Wood TopGun Index ETF
BWTG
$20.8M
| $435K | ﹤0.01% |
+15,300
| New | +$410K |
2023 Q4
0 quarters
|
|
2515
NewMarket
NEU
$8.47B
| $435K | ﹤0.01% |
759
+38
| +5% | +$19.1K |
2021 Q3
9 quarters
|
|
2516
JPMorgan BetaBuilders Japan ETF
BBJP
$19.6B
| $435K | ﹤0.01% |
8,217
+1,782
| +28% | +$90.6K |
2023 Q3
1 quarter
|
|
2517
UMB Financial
UMBF
$9.87B
| $434K | ﹤0.01% |
5,129
+93
| +2% | +$6.54K |
2013 Q2
42 quarters
|
|
2518
Liberty Energy
LBRT
$3.01B
| $434K | ﹤0.01% |
23,013
+3,163
| +16% | +$60.1K |
2022 Q2
6 quarters
|
|
2519
CarGurus
CARG
$2.65B
| $434K | ﹤0.01% |
17,705
+1,421
| +9% | +$28.6K |
2023 Q1
3 quarters
|
|
2520
PUT
Corsair Gaming
CRSR
$1.5B
| $433K | ﹤0.01% |
30,000
| – | – |
2023 Q2
2 quarters
|
|
2521
iShares MSCI Japan Value ETF
EWJV
$783M
| $431K | ﹤0.01% |
14,747
+6,163
| +72% | +$175K |
2023 Q3
1 quarter
|
|
2522
Douglas Emmett
DEI
$1.63B
| $431K | ﹤0.01% |
28,371
-18,040
| -39% | -$229K |
2014 Q2
38 quarters
|
|
2523
CALL
Alcon
ALC
$30.9B
| $430K | ﹤0.01% |
5,500
-64,100
| -92% | -$4.73M |
2023 Q3
1 quarter
|
|
2524
Rush Enterprises Class A
RUSHA
$5.39B
| $430K | ﹤0.01% |
12,800
+7,928
| +163% | +$213K |
2023 Q1
3 quarters
|
|
2525
Prime Medicine
PRME
$542M
| $430K | ﹤0.01% |
+45,000
| New | +$347K |
2023 Q4
0 quarters
|
|
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 500 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 500 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.