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 | |
|---|---|---|---|---|---|---|---|
2551
InterContinental Hotels
IHG
$23.6B
| $382K | ﹤0.01% |
+4,859
| New | +$363K |
2023 Q3
0 quarters
|
|
|
CCRV
2552
DELISTED
iShares Commodity Curve Carry Strategy ETF
CCRV
| $382K | ﹤0.01% |
16,778
-6,086
| -27% | -$130K |
2023 Q1
2 quarters
|
|
2553
Xtrackers MSCI Eurozone Hedged Equity ETF
DBEZ
$73.4M
| $382K | ﹤0.01% |
9,500
+839
| +10% | +$33.3K |
2023 Q1
2 quarters
|
|
|
MYD
2554
DELISTED
BlackRock MuniYield Fund
MYD
| $381K | ﹤0.01% |
32,656
+1,867
| +6% | +$18.9K |
2022 Q4
3 quarters
|
|
2555
United Natural Foods
UNFI
$2.7B
| $380K | ﹤0.01% |
20,112
-160,252
| -89% | -$3.14M |
2013 Q2
41 quarters
|
|
2556
Prestige Consumer Healthcare
PBH
$2.12B
| $379K | ﹤0.01% |
5,921
-288
| -5% | -$17.4K |
2013 Q2
41 quarters
|
|
2557
Dycom Industries
DY
$8.14B
| $379K | ﹤0.01% |
3,910
-1,554
| -28% | -$155K |
2021 Q3
8 quarters
|
|
2558
Hertz
HTZ
$617M
| $379K | ﹤0.01% |
23,468
-4,810
| -17% | -$80.4K |
2022 Q1
6 quarters
|
|
2559
Carriage Services
CSV
$505M
| $378K | ﹤0.01% |
+11,902
| New | +$375K |
2023 Q3
0 quarters
|
|
2560
Northern Trust STOXX Global Broad Infrastructure ETF
NFRA
$2.95B
| $377K | ﹤0.01% |
7,358
+95
| +1% | +$4.86K |
2021 Q2
9 quarters
|
|
2561
PUT
Wyndham Hotels & Resorts
WH
$5.31B
| $377K | ﹤0.01% |
+5,000
| New | +$371K |
2023 Q3
0 quarters
|
|
|
ORAN
2562
DELISTED
Orange
ORAN
| $376K | ﹤0.01% |
31,854
-2,396
| -7% | -$27.4K |
2013 Q3
40 quarters
|
|
2563
PUT
Glaukos
GKOS
$9.62B
| $376K | ﹤0.01% |
+5,000
| New | +$373K |
2023 Q3
0 quarters
|
|
|
IIF
2564
Morgan Stanley India Investment Fund
IIF
$200M
| $374K | ﹤0.01% |
13,360
-1,500
| -10% | -$33.4K |
2023 Q2
1 quarter
|
|
2565
Amphastar Pharmaceuticals
AMPH
$1.08B
| $374K | ﹤0.01% |
7,992
-544
| -6% | -$29.7K |
2014 Q3
36 quarters
|
|
2566
Home BancShares
HOMB
$5.71B
| $373K | ﹤0.01% |
16,876
-16
| -0.1% | -$364 |
2013 Q2
41 quarters
|
|
2567
Arcturus Therapeutics
ARCT
$375M
| $373K | ﹤0.01% |
+12,630
| New | +$389K |
2023 Q3
0 quarters
|
|
|
BYM
2568
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $373K | ﹤0.01% |
30,652
+1,770
| +6% | +$19K |
2022 Q4
3 quarters
|
|
2569
International Bancshares
IBOC
$4.3B
| $373K | ﹤0.01% |
8,347
+85
| +1% | +$3.89K |
2013 Q2
41 quarters
|
|
2570
Coursera
COUR
$1.34B
| $372K | ﹤0.01% |
20,388
-326
| -2% | -$5.2K |
2022 Q1
6 quarters
|
|
2571
AXIS Capital
AXS
$6.97B
| $372K | ﹤0.01% |
6,470
+205
| +3% | +$11.3K |
2022 Q1
6 quarters
|
|
2572
AdvisorShares Pure US Cannabis ETF
MSOS
$906M
| $371K | ﹤0.01% |
40,477
+1,657
| +4% | +$10.5K |
2020 Q4
11 quarters
|
|
2573
Blackstone Secured Lending
BXSL
$5.57B
| $370K | ﹤0.01% |
13,189
+3,770
| +40% | +$104K |
2023 Q1
2 quarters
|
|
2574
First Trust Natural Gas ETF
FCG
$663M
| $369K | ﹤0.01% |
+13,975
| New | +$357K |
2023 Q3
0 quarters
|
|
2575
Kontoor Brands
KTB
$3.47B
| $369K | ﹤0.01% |
8,122
-144
| -2% | -$6.3K |
2019 Q2
17 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.