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 | |
|---|---|---|---|---|---|---|---|
2551
10x Genomics
TXG
$11.6B
| $382K | ﹤0.01% |
6,826
-15,097
| -69% | -$705K |
2019 Q4
13 quarters
|
|
2552
Plexus
PLXS
$7.2B
| $381K | ﹤0.01% |
3,900
+927
| +31% | +$93K |
2015 Q3
30 quarters
|
|
2553
Diamondrock Hospitality Co
DRH
$2.56B
| $379K | ﹤0.01% |
46,610
+2,896
| +7% | +$25.1K |
2013 Q2
39 quarters
|
|
2554
Innovator US Equity Accelerated 9 Buffer ETF October
XBOC
$63.7M
| $379K | ﹤0.01% |
15,400
| – | – |
2021 Q4
5 quarters
|
|
|
BLE
2555
DELISTED
BlackRock Municipal Income Trust II
BLE
| $378K | ﹤0.01% |
31,515
-2,104
| -6% | -$22.4K |
2022 Q1
4 quarters
|
|
2556
BlueLinx
BXC
$580M
| $378K | ﹤0.01% |
5,547
+722
| +15% | +$58.4K |
2020 Q2
11 quarters
|
|
2557
Northern Trust STOXX Global Broad Infrastructure ETF
NFRA
$2.95B
| $377K | ﹤0.01% |
7,260
+6,976
| +2,456% | +$360K |
2021 Q2
7 quarters
|
|
2558
US Physical Therapy
USPH
$1.23B
| $377K | ﹤0.01% |
3,845
+506
| +15% | +$48.3K |
2022 Q4
1 quarter
|
|
2559
BancFirst
BANF
$3.58B
| $377K | ﹤0.01% |
4,402
+567
| +15% | +$48.9K |
2020 Q2
11 quarters
|
|
2560
Transocean
RIG
$5.85B
| $376K | ﹤0.01% |
58,280
+49,245
| +545% | +$316K |
2022 Q1
4 quarters
|
|
2561
F&G Annuities & Life
FG
$2.88B
| $376K | ﹤0.01% |
+20,769
| New | +$416K |
2023 Q1
0 quarters
|
|
2562
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.88B
| $376K | ﹤0.01% |
45,154
-4,628
| -9% | -$35.8K |
2022 Q3
2 quarters
|
|
2563
Extreme Networks
EXTR
$2.9B
| $375K | ﹤0.01% |
19,626
+7,576
| +63% | +$140K |
2015 Q3
30 quarters
|
|
2564
Tenable Holdings
TENB
$3.98B
| $375K | ﹤0.01% |
7,886
-7,678
| -49% | -$326K |
2022 Q2
3 quarters
|
|
2565
Allegro MicroSystems
ALGM
$6.78B
| $375K | ﹤0.01% |
7,811
| – | – |
2022 Q4
1 quarter
|
|
2566
ArcBest
ARCB
$2.9B
| $375K | ﹤0.01% |
4,052
+735
| +22% | +$66.1K |
2022 Q4
1 quarter
|
|
2567
Gentherm
THRM
$1.03B
| $375K | ﹤0.01% |
6,169
+1,123
| +22% | +$75.2K |
2013 Q2
39 quarters
|
|
2568
Porch Group
PRCH
$1.9B
| $374K | ﹤0.01% |
258,273
+19,509
| +8% | +$46.2K |
2021 Q3
6 quarters
|
|
2569
Ivanhoe Electric
IE
$1.6B
| $374K | ﹤0.01% |
30,342
-15,313
| -34% | -$205K |
2022 Q3
2 quarters
|
|
2570
Global X Cybersecurity ETF
BUG
$2B
| $373K | ﹤0.01% |
15,906
-13,481
| -46% | -$299K |
2021 Q1
8 quarters
|
|
2571
Capital Group Dividend Value ETF
CGDV
$38.2B
| $373K | ﹤0.01% |
+14,954
| New | +$366K |
2023 Q1
0 quarters
|
|
|
CCRV
2572
DELISTED
iShares Commodity Curve Carry Strategy ETF
CCRV
| $373K | ﹤0.01% |
+18,901
| New | +$375K |
2023 Q1
0 quarters
|
|
2573
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.03B
| $372K | ﹤0.01% |
1,944
| – | – |
2017 Q2
23 quarters
|
|
2574
iShares Core Conservative Allocation ETF
AOK
$812M
| $371K | ﹤0.01% |
10,600
-100
| -0.9% | -$3.46K |
2022 Q3
2 quarters
|
|
2575
Cushman & Wakefield Ltd
CWK
$2.83B
| $371K | ﹤0.01% |
28,647
-7,442
| -21% | -$95.7K |
2018 Q3
18 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.