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 |
Brookfield
BN
|
+$1.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$636M |
| 3 |
Toronto Dominion Bank
TD
|
+$563M |
| 4 |
Scotiabank
BNS
|
+$505M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Suncor Energy
SU
|
+$439M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$314M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$209M |
| 4 |
SJR
Shaw Communications Inc.
SJR
|
+$209M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.37% |
| 2 | Financials | 18.09% |
| 3 | Consumer Discretionary | 15.83% |
| 4 | Miscellaneous | 12.48% |
| 5 | Technology | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2526
Invesco DB Agriculture Fund
DBA
$1.22B
| $395K | ﹤0.01% |
19,344
+12,773
| +194% | +$255K |
2020 Q2
11 quarters
|
|
|
AQUA
2527
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $394K | ﹤0.01% |
+7,920
| New | +$370K |
2023 Q1
0 quarters
|
|
|
LSI
2528
CALL
DELISTED
Life Storage, Inc.
LSI
| $394K | ﹤0.01% |
+3,000
| New | +$347K |
2023 Q1
0 quarters
|
|
|
AMED
2529
DELISTED
Amedisys
AMED
| $394K | ﹤0.01% |
5,336
-5,890
| -52% | -$510K |
2013 Q2
39 quarters
|
|
2530
PUT
Credit Acceptance
CACC
$5.31B
| $393K | ﹤0.01% |
+900
| New | +$396K |
2023 Q1
0 quarters
|
|
2531
Cheesecake Factory
CAKE
$5.37B
| $393K | ﹤0.01% |
10,489
+1,553
| +17% | +$57.8K |
2013 Q2
39 quarters
|
|
2532
Infosys
INFY
$46B
| $392K | ﹤0.01% |
22,473
+291
| +1% | +$5.29K |
2013 Q2
39 quarters
|
|
2533
iShares MSCI Qatar ETF
QAT
$55.9M
| $392K | ﹤0.01% |
21,499
+21,389
| +19,445% | +$394K |
2022 Q3
2 quarters
|
|
2534
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF
EMCR
$60.5M
| $392K | ﹤0.01% |
14,556
+9,050
| +164% | +$244K |
2022 Q4
1 quarter
|
|
2535
SiTime
SITM
$20.4B
| $391K | ﹤0.01% |
2,745
+665
| +32% | +$81.6K |
2021 Q4
5 quarters
|
|
|
GBAB
2536
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
$345M
| $390K | ﹤0.01% |
+22,512
| New | +$384K |
2023 Q1
0 quarters
|
|
2537
FormFactor
FORM
$11.6B
| $389K | ﹤0.01% |
12,215
+2,490
| +26% | +$71.3K |
2015 Q1
32 quarters
|
|
2538
Fulton Financial
FULT
$4.31B
| $389K | ﹤0.01% |
26,642
+5,892
| +28% | +$95.3K |
2013 Q2
39 quarters
|
|
2539
Cavco Industries
CVCO
$4.44B
| $388K | ﹤0.01% |
1,221
+302
| +33% | +$83.6K |
2022 Q3
2 quarters
|
|
|
NQP
2540
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $388K | ﹤0.01% |
28,876
-1,914
| -6% | -$21.9K |
2022 Q1
4 quarters
|
|
|
NXJ
2541
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $388K | ﹤0.01% |
28,187
-1,862
| -6% | -$21.7K |
2022 Q1
4 quarters
|
|
2542
Vanguard Materials ETF
VAW
$2.82B
| $387K | ﹤0.01% |
2,173
-67
| -3% | -$12K |
2020 Q2
11 quarters
|
|
|
ETRN
2543
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $386K | ﹤0.01% |
66,725
+12,361
| +23% | +$79.2K |
2019 Q1
16 quarters
|
|
2544
Invesco Advantage Municipal Income Trust II
VKI
$332M
| $386K | ﹤0.01% |
39,845
-2,526
| -6% | -$22K |
2022 Q1
4 quarters
|
|
|
AGNT
2545
AGNT Inc
AGNT
$595M
| $385K | ﹤0.01% |
30,056
+6,577
| +28% | +$87.8K |
2022 Q4
1 quarter
|
|
2546
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$611M
| $385K | ﹤0.01% |
5,230
-236
| -4% | -$16.8K |
2020 Q2
11 quarters
|
|
2547
Resideo Technologies
REZI
$2.76B
| $384K | ﹤0.01% |
21,018
+4,595
| +28% | +$83.1K |
2019 Q1
16 quarters
|
|
|
MHN
2548
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
| $383K | ﹤0.01% |
31,709
-2,113
| -6% | -$22.3K |
2022 Q1
4 quarters
|
|
|
DMB
2549
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$172M
| $383K | ﹤0.01% |
32,269
-2,073
| -6% | -$22.9K |
2022 Q4
1 quarter
|
|
|
VECT
2550
DELISTED
VectivBio Holding AG Ordinary Shares
VECT
| $382K | ﹤0.01% |
+42,887
| New | +$354K |
2023 Q1
0 quarters
|
|
Similar funds
Bank of Montreal's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of Montreal held 4,502 positions worth $250B, up 8.3% from $231B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Bank of Montreal's Q1 2023 filing shows 580 new, 1,570 increased, 1,270 reduced and 751 closed positions. Its largest new stake was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M. The largest sale was Suncor Energy, an estimated $439M.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, down from 22% a quarter earlier, followed by Financials and Consumer Discretionary.
- Bank of Montreal's largest Q1 2023 buy was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M.
- Bank of Montreal added most to Brookfield in Q1 2023, an estimated $1.22B increase.
- Bank of Montreal's biggest Q1 2023 reduction was Suncor Energy, cutting an estimated $439M.
- Bank of Montreal fully exited CI Financial Corp. in Q1 2023, selling an estimated $41.3M.
- Bank of Montreal's ten largest holdings make up 50% of its $250B portfolio in Q1 2023.
- Bank of Montreal opened 580 new positions and closed 751 in Q1 2023.
- Bank of Montreal's portfolio value rose 8.3% quarter-over-quarter to $250B.
Based on Bank of Montreal's 13F filing for Q1 2023, filed 13 Jun 2024.