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 | |
|---|---|---|---|---|---|---|---|
2576
FT Vest US Equity Buffer ETF December
FDEC
$1.32B
| $370K | ﹤0.01% |
+11,000
| New | +$362K |
2023 Q1
0 quarters
|
|
|
BRSL
2577
Brightstar Lottery PLC
BRSL
$1.81B
| $370K | ﹤0.01% |
13,806
+5,147
| +59% | +$132K |
2022 Q4
1 quarter
|
|
|
AMWD
2578
DELISTED
American Woodmark
AMWD
| $370K | ﹤0.01% |
+7,069
| New | +$383K |
2023 Q1
0 quarters
|
|
2579
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.39B
| $369K | ﹤0.01% |
8,535
+7,469
| +701% | +$326K |
2021 Q1
8 quarters
|
|
2580
Vanguard S&P 500 Growth ETF
VOOG
$27.6B
| $369K | ﹤0.01% |
9,600
+66
| +0.7% | +$2.42K |
2020 Q2
11 quarters
|
|
2581
Invesco Financial Preferred ETF
PGF
$616M
| $369K | ﹤0.01% |
25,264
| – | – |
2013 Q2
39 quarters
|
|
2582
RXO
RXO
$3.52B
| $368K | ﹤0.01% |
18,755
+3,921
| +26% | +$75.3K |
2022 Q4
1 quarter
|
|
|
NUVA
2583
DELISTED
NuVasive, Inc.
NUVA
| $368K | ﹤0.01% |
8,902
-14,046
| -61% | -$601K |
2013 Q2
39 quarters
|
|
2584
BlackRock MuniYield Michigan Quality Fund
MIY
$327M
| $368K | ﹤0.01% |
28,500
-1,884
| -6% | -$21.5K |
2022 Q1
4 quarters
|
|
2585
Weis Markets
WMK
$1.81B
| $367K | ﹤0.01% |
4,298
+582
| +16% | +$48.7K |
2015 Q4
29 quarters
|
|
|
PINC
2586
DELISTED
Premier
PINC
| $365K | ﹤0.01% |
11,242
-19,120
| -63% | -$626K |
2017 Q4
21 quarters
|
|
|
BFK
2587
DELISTED
BlackRock Municipal Income Trust
BFK
| $365K | ﹤0.01% |
31,580
-1,955
| -6% | -$20K |
2022 Q4
1 quarter
|
|
2588
SiteOne Landscape Supply
SITE
$3.91B
| $365K | ﹤0.01% |
+2,669
| New | +$376K |
2023 Q1
0 quarters
|
|
2589
iShares Morningstar Mid-Cap Growth ETF
IMCG
$4.04B
| $365K | ﹤0.01% |
6,026
+20
| +0.3% | +$1.14K |
2021 Q2
7 quarters
|
|
2590
Pediatrix Medical
MD
$2.09B
| $365K | ﹤0.01% |
24,451
+4,637
| +23% | +$70.2K |
2013 Q2
39 quarters
|
|
2591
Kadant
KAI
$3.11B
| $364K | ﹤0.01% |
1,744
+614
| +54% | +$125K |
2020 Q2
11 quarters
|
|
2592
CTS Corp
CTS
$1.71B
| $363K | ﹤0.01% |
7,330
+1,636
| +29% | +$73.2K |
2013 Q2
39 quarters
|
|
2593
Integer Holdings
ITGR
$4.3B
| $363K | ﹤0.01% |
4,684
+1,063
| +29% | +$77.9K |
2016 Q3
26 quarters
|
|
2594
First Trust United Kingdom AlphaDEX Fund
FKU
$34.7M
| $362K | ﹤0.01% |
+10,672
| New | +$362K |
2023 Q1
0 quarters
|
|
2595
Liquidia Corp
LQDA
$2.51B
| $362K | ﹤0.01% |
52,019
+21,221
| +69% | +$145K |
2022 Q3
2 quarters
|
|
2596
Renasant Corp
RNST
$3.59B
| $359K | ﹤0.01% |
9,517
+1,718
| +22% | +$60.1K |
2014 Q2
35 quarters
|
|
2597
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$112M
| $359K | ﹤0.01% |
+15,821
| New | +$355K |
2023 Q1
0 quarters
|
|
2598
Tanger
SKT
$3.96B
| $359K | ﹤0.01% |
18,263
+3,280
| +22% | +$60.9K |
2013 Q2
39 quarters
|
|
2599
MaxLinear
MXL
$8.35B
| $358K | ﹤0.01% |
10,062
+3,529
| +54% | +$128K |
2016 Q3
26 quarters
|
|
2600
Inspire Medical Systems
INSP
$2.05B
| $357K | ﹤0.01% |
+1,463
| New | +$370K |
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.