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 |
Meta Platforms (Facebook)
META
|
+$445M |
| 2 |
Advanced Micro Devices
AMD
|
+$392M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$267M |
| 4 |
Adobe
ADBE
|
+$236M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.61B |
| 2 |
Apple
AAPL
|
+$1.09B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$612M |
| 4 |
Visa
V
|
+$554M |
| 5 |
Citigroup
C
|
+$497M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 21.65% |
| 2 | Financials | 20% |
| 3 | Technology | 16.36% |
| 4 | Communication Services | 7.91% |
| 5 | Industrials | 6.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2601
National Fuel Gas
NFG
$7.25B
| $649K | ﹤0.01% |
9,377
+90
| +1% | +$5.69K |
2013 Q2
35 quarters
|
|
|
CLOE
2602
DELISTED
Clover Leaf Capital Corp. Class A Common Stock
CLOE
| $648K | ﹤0.01% |
64,300
| – | – |
2021 Q4
1 quarter
|
|
|
MGP
2603
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $647K | ﹤0.01% |
16,458
+110
| +0.7% | +$4.19K |
2019 Q4
9 quarters
|
|
2604
Northern Trust Quality Dividend ETF
QDF
$2.19B
| $646K | ﹤0.01% |
10,688
| – | – |
2021 Q3
2 quarters
|
|
2605
iShares MSCI USA Min Vol Factor ETF
USMV
$23.4B
| $646K | ﹤0.01% |
8,253
+594
| +8% | +$45K |
2013 Q2
35 quarters
|
|
2606
Middlesex Water
MSEX
$988M
| $645K | ﹤0.01% |
6,060
+125
| +2% | +$12.7K |
2021 Q3
2 quarters
|
|
2607
Lakeland Financial Corp
LKFN
$1.44B
| $644K | ﹤0.01% |
8,493
-860
| -9% | -$68.7K |
2020 Q2
7 quarters
|
|
2608
Royce Value Trust
RVT
$2.12B
| $644K | ﹤0.01% |
34,810
| – | – |
2013 Q2
35 quarters
|
|
2609
Corcept Therapeutics
CORT
$12.3B
| $643K | ﹤0.01% |
26,505
-1,398
| -5% | -$29.7K |
2015 Q4
25 quarters
|
|
2610
CALL
Pinterest
PINS
$11B
| $643K | ﹤0.01% |
+25,000
| New | +$683K |
2022 Q1
0 quarters
|
|
2611
iShares US Treasury Bond ETF
GOVT
$41.3B
| $642K | ﹤0.01% |
24,695
+1,879
| +8% | +$48.1K |
2017 Q4
17 quarters
|
|
2612
Saia
SAIA
$9.16B
| $642K | ﹤0.01% |
2,439
-289
| -11% | -$80.1K |
2014 Q1
32 quarters
|
|
2613
Alamo Group
ALG
$1.9B
| $640K | ﹤0.01% |
4,296
+171
| +4% | +$24.8K |
2013 Q2
35 quarters
|
|
2614
Celsius Holdings
CELH
$6.94B
| $640K | ﹤0.01% |
32,424
-3,399
| -9% | -$61K |
2020 Q2
7 quarters
|
|
2615
Valvoline
VVV
$3.93B
| $640K | ﹤0.01% |
20,074
-433
| -2% | -$14.1K |
2016 Q4
21 quarters
|
|
2616
Zai Lab
ZLAB
$2.86B
| $638K | ﹤0.01% |
13,900
-58
| -0.4% | -$2.8K |
2018 Q3
14 quarters
|
|
2617
PUT
Biogen
BIIB
$32.9B
| $637K | ﹤0.01% |
+2,600
| New | +$565K |
2022 Q1
0 quarters
|
|
2618
Fidelity Corporate Bond ETF
FCOR
$344M
| $636K | ﹤0.01% |
12,566
+147
| +1% | +$7.68K |
2020 Q3
6 quarters
|
|
2619
CALL
Clover Health Investments
CLOV
$2.25B
| $635K | ﹤0.01% |
+174,000
| New | +$505K |
2022 Q1
0 quarters
|
|
2620
Brady Corp
BRC
$3.95B
| $634K | ﹤0.01% |
13,395
+23
| +0.2% | +$1.12K |
2013 Q2
35 quarters
|
|
2621
Oceaneering
OII
$4.42B
| $634K | ﹤0.01% |
40,602
+357
| +0.9% | +$5.14K |
2013 Q2
35 quarters
|
|
|
MACC
2622
DELISTED
Mission Advancement Corp.
MACC
| $634K | ﹤0.01% |
65,097
| – | – |
2021 Q4
1 quarter
|
|
2623
Cabot Corp
CBT
$3.94B
| $633K | ﹤0.01% |
8,895
+10
| +0.1% | +$660 |
2013 Q2
35 quarters
|
|
2624
Valley National Bancorp
VLY
$7B
| $630K | ﹤0.01% |
47,828
+989
| +2% | +$13.8K |
2013 Q2
35 quarters
|
|
|
SPWR
2625
DELISTED
SunPower Corporation Common Stock
SPWR
| $628K | ﹤0.01% |
29,987
+2,090
| +7% | +$38.4K |
2013 Q2
35 quarters
|
|
Similar funds
Bank of Montreal's Q1 2022 Portfolio in Review
As of Q1 2022, Bank of Montreal held 4,423 positions worth $206B, up 9.7% from $188B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal withdrew a net $16B in Q1 2022, closing 286 positions and reducing 1,452 holdings. Its most notable exit was Xilinx Inc, an estimated $143M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 7.7% a quarter earlier, followed by Financials and Technology.
Against the trend, Bank of Montreal opened a new position in Algonquin Power & Utilities Corp Units worth $90.8M.
- Bank of Montreal's largest Q1 2022 buy was Algonquin Power & Utilities Corp Units: 1,842,100 shares worth $90.8M.
- Bank of Montreal added most to Meta Platforms (Facebook) in Q1 2022, an estimated $445M increase.
- Bank of Montreal's biggest Q1 2022 reduction was Microsoft, cutting an estimated $1.61B.
- Bank of Montreal fully exited Xilinx Inc in Q1 2022, selling an estimated $143M.
- Bank of Montreal's ten largest holdings make up 24% of its $206B portfolio in Q1 2022.
- Bank of Montreal opened 845 new positions and closed 286 in Q1 2022.
- Bank of Montreal's portfolio value rose 9.7% quarter-over-quarter to $206B.
Based on Bank of Montreal's 13F filing for Q1 2022, filed 12 May 2022.