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 | |
|---|---|---|---|---|---|---|---|
2601
VanEck Indonesia Index ETF
IDX
$34.2M
| $357K | ﹤0.01% |
+14,075
| New | +$248K |
2023 Q1
0 quarters
|
|
|
VERV
2602
DELISTED
Verve Therapeutics
VERV
| $357K | ﹤0.01% |
+23,252
| New | +$455K |
2023 Q1
0 quarters
|
|
2603
Global X Silver Miners ETF NEW
SIL
$4.46B
| $356K | ﹤0.01% |
11,550
-75,943
| -87% | -$2.19M |
2019 Q3
14 quarters
|
|
2604
Simmons First National
SFNC
$3.28B
| $356K | ﹤0.01% |
20,124
+3,128
| +18% | +$66.4K |
2015 Q1
32 quarters
|
|
2605
BlackRock MuniYield New York Quality Fund
MYN
$343M
| $355K | ﹤0.01% |
30,479
-1,982
| -6% | -$20.1K |
2022 Q4
1 quarter
|
|
2606
Wabash National
WNC
$502M
| $355K | ﹤0.01% |
13,624
+2,016
| +17% | +$52.3K |
2013 Q2
39 quarters
|
|
2607
First Bancorp
FBP
$4.07B
| $354K | ﹤0.01% |
30,964
+4,803
| +18% | +$63.2K |
2013 Q2
39 quarters
|
|
2608
Strategic Education
STRA
$1.75B
| $354K | ﹤0.01% |
3,923
+880
| +29% | +$77.9K |
2013 Q2
39 quarters
|
|
|
RCM
2609
DELISTED
R1 RCM Inc. Common Stock
RCM
| $353K | ﹤0.01% |
23,548
-587,138
| -96% | -$8.03M |
2018 Q2
19 quarters
|
|
2610
Invesco S&P 500 Pure Growth ETF
RPG
$1.94B
| $353K | ﹤0.01% |
11,220
-800
| -7% | -$24.4K |
2021 Q2
7 quarters
|
|
2611
Northwest Bancshares
NWBI
$2.2B
| $351K | ﹤0.01% |
28,773
+4,076
| +17% | +$55.3K |
2013 Q2
39 quarters
|
|
2612
Verra Mobility
VRRM
$454M
| $350K | ﹤0.01% |
+20,338
| New | +$325K |
2023 Q1
0 quarters
|
|
|
EMCS
2613
Xtrackers MSCI Emerging Markets Select ETF
EMCS
$1.12B
| $350K | ﹤0.01% |
+14,210
| New | +$351K |
2023 Q1
0 quarters
|
|
2614
PUT
Walt Disney
DIS
$175B
| $350K | ﹤0.01% |
700
+300
| +75% | +$30.2K |
2021 Q3
6 quarters
|
|
|
UCTT
2615
Ultra Clean Holdings
UCTT
$3.56B
| $350K | ﹤0.01% |
10,534
+2,548
| +32% | +$84.3K |
2018 Q1
20 quarters
|
|
2616
M/I Homes
MHO
$3.42B
| $350K | ﹤0.01% |
+5,538
| New | +$319K |
2023 Q1
0 quarters
|
|
2617
Scholastic
SCHL
$647M
| $350K | ﹤0.01% |
10,188
+1,138
| +13% | +$48.5K |
2013 Q2
39 quarters
|
|
2618
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $349K | ﹤0.01% |
5,730
+3,190
| +126% | +$179K |
2018 Q1
20 quarters
|
|
2619
iRhythm Holdings
IRTC
$3.66B
| $349K | ﹤0.01% |
+2,805
| New | +$304K |
2023 Q1
0 quarters
|
|
2620
Prospect Capital
PSEC
$1.09B
| $349K | ﹤0.01% |
50,000
| – | – |
2013 Q2
39 quarters
|
|
2621
Wolverine World Wide
WWW
$1.57B
| $348K | ﹤0.01% |
20,384
+5,924
| +41% | +$90.3K |
2022 Q4
1 quarter
|
|
2622
Cars.com
CARS
$535M
| $346K | ﹤0.01% |
17,904
+2,878
| +19% | +$49K |
2017 Q2
23 quarters
|
|
|
MYD
2623
DELISTED
BlackRock MuniYield Fund
MYD
| $345K | ﹤0.01% |
28,571
-1,852
| -6% | -$19.9K |
2022 Q4
1 quarter
|
|
2624
iShares US Home Construction ETF
ITB
$2.36B
| $344K | ﹤0.01% |
4,899
-10
| -0.2% | -$675 |
2013 Q2
39 quarters
|
|
2625
Ryan Specialty Holdings
RYAN
$4.69B
| $344K | ﹤0.01% |
+8,547
| New | +$351K |
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.