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 | Technology | 11.24% |
| 5 | Industrials | 5.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2601
VanEck Indonesia Index ETF
IDX
$36.6M
| $357K | ﹤0.01% |
+14,075
| New | +$248K |
|
|
VERV
2602
DELISTED
Verve Therapeutics
VERV
| $357K | ﹤0.01% |
+23,252
| New | +$455K |
|
2603
Global X Silver Miners ETF NEW
SIL
$4.79B
| $356K | ﹤0.01% |
11,550
-75,943
| -87% | -$2.19M |
|
2604
Simmons First National
SFNC
$3.48B
| $356K | ﹤0.01% |
20,124
+3,128
| +18% | +$66.4K |
|
2605
BlackRock MuniYield New York Quality Fund
MYN
$377M
| $355K | ﹤0.01% |
30,479
-1,982
| -6% | -$20.1K |
|
2606
Wabash National
WNC
$512M
| $355K | ﹤0.01% |
13,624
+2,016
| +17% | +$52.3K |
|
2607
First Bancorp
FBP
$4.53B
| $354K | ﹤0.01% |
30,964
+4,803
| +18% | +$63.2K |
|
2608
Strategic Education
STRA
$1.86B
| $354K | ﹤0.01% |
3,923
+880
| +29% | +$77.9K |
|
|
RCM
2609
DELISTED
R1 RCM Inc. Common Stock
RCM
| $353K | ﹤0.01% |
23,548
-587,138
| -96% | -$8.03M |
|
2610
Invesco S&P 500 Pure Growth ETF
RPG
$2.1B
| $353K | ﹤0.01% |
11,220
-800
| -7% | -$24.4K |
|
2611
Northwest Bancshares
NWBI
$2.31B
| $351K | ﹤0.01% |
28,773
+4,076
| +17% | +$55.3K |
|
2612
Verra Mobility
VRRM
$717M
| $350K | ﹤0.01% |
+20,338
| New | +$325K |
|
|
EMCS
2613
Xtrackers MSCI Emerging Markets Select ETF
EMCS
$1.01B
| $350K | ﹤0.01% |
+14,210
| New | +$351K |
|
2614
PUT
Walt Disney
DIS
$184B
| $350K | ﹤0.01% |
700
+300
| +75% | +$30.2K |
|
|
UCTT
2615
Ultra Clean Holdings
UCTT
$3.85B
| $350K | ﹤0.01% |
10,534
+2,548
| +32% | +$84.3K |
|
2616
M/I Homes
MHO
$3.85B
| $350K | ﹤0.01% |
+5,538
| New | +$319K |
|
2617
Scholastic
SCHL
$781M
| $350K | ﹤0.01% |
10,188
+1,138
| +13% | +$48.5K |
|
2618
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $349K | ﹤0.01% |
5,730
+3,190
| +126% | +$179K |
|
2619
iRhythm Holdings
IRTC
$4.17B
| $349K | ﹤0.01% |
+2,805
| New | +$304K |
|
2620
Prospect Capital
PSEC
$1.15B
| $349K | ﹤0.01% |
50,000
| – | – |
|
2621
Wolverine World Wide
WWW
$1.72B
| $348K | ﹤0.01% |
20,384
+5,924
| +41% | +$90.3K |
|
2622
Cars.com
CARS
$663M
| $346K | ﹤0.01% |
17,904
+2,878
| +19% | +$49K |
|
|
MYD
2623
DELISTED
BlackRock MuniYield Fund
MYD
| $345K | ﹤0.01% |
28,571
-1,852
| -6% | -$19.9K |
|
2624
iShares US Home Construction ETF
ITB
$2.36B
| $344K | ﹤0.01% |
4,899
-10
| -0.2% | -$675 |
|
2625
Ryan Specialty Holdings
RYAN
$10.7B
| $344K | ﹤0.01% |
+8,547
| New | +$351K |
|
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 581 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 581 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.