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 |
Microsoft
MSFT
|
+$879M |
| 2 |
NVIDIA
NVDA
|
+$597M |
| 3 |
Tesla
TSLA
|
+$584M |
| 4 |
Amazon
AMZN
|
+$542M |
| 5 |
Apple
AAPL
|
+$534M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$1.17B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$523M |
| 3 |
Canadian Natural Resources
CNQ
|
+$488M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$425M |
| 5 |
Enbridge
ENB
|
+$412M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.85% |
| 2 | Consumer Discretionary | 18.53% |
| 3 | Technology | 13.69% |
| 4 | Financials | 13.26% |
| 5 | Miscellaneous | 12.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2601
RCM Technologies
RCMT
$299M
| $390K | ﹤0.01% |
+13,000
| New | +$305K |
2023 Q4
0 quarters
|
|
2602
Sabra Healthcare REIT
SBRA
$4.9B
| $390K | ﹤0.01% |
26,736
+552
| +2% | +$7.84K |
2013 Q2
42 quarters
|
|
2603
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.63B
| $390K | ﹤0.01% |
13,845
+196
| +1% | +$4.27K |
2023 Q3
1 quarter
|
|
2604
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$595M
| $389K | ﹤0.01% |
+28,975
| New | +$313K |
2023 Q4
0 quarters
|
|
2605
Broadstone Net Lease
BNL
$3.5B
| $388K | ﹤0.01% |
+22,219
| New | +$343K |
2023 Q4
0 quarters
|
|
2606
Kulicke & Soffa
KLIC
$5.03B
| $388K | ﹤0.01% |
6,931
+445
| +7% | +$21.6K |
2013 Q2
42 quarters
|
|
|
RDFN
2607
DELISTED
Redfin
RDFN
| $388K | ﹤0.01% |
36,783
-504
| -1% | -$3.51K |
2017 Q4
24 quarters
|
|
2608
Franklin FTSE Latin America
FLLA
$108M
| $386K | ﹤0.01% |
15,536
+2,378
| +18% | +$53.7K |
2023 Q1
3 quarters
|
|
2609
KraneShares MSCI All China Health Care Index ETF
KURE
$114M
| $386K | ﹤0.01% |
21,930
-5,931
| -21% | -$106K |
2023 Q3
1 quarter
|
|
2610
HUB Group
HUBG
$1.84B
| $385K | ﹤0.01% |
8,102
+442
| +6% | +$17.4K |
2013 Q2
42 quarters
|
|
2611
Corcept Therapeutics
CORT
$12.3B
| $385K | ﹤0.01% |
11,656
+773
| +7% | +$21.2K |
2015 Q4
32 quarters
|
|
2612
Infosys
INFY
$46B
| $384K | ﹤0.01% |
20,623
-915
| -4% | -$15.9K |
2013 Q2
42 quarters
|
|
2613
Albany International
AIN
$1.68B
| $384K | ﹤0.01% |
3,873
+322
| +9% | +$28.1K |
2013 Q2
42 quarters
|
|
2614
NYLIM Candriam International Equity ETF
IQSI
$264M
| $383K | ﹤0.01% |
13,572
+9,392
| +225% | +$248K |
2023 Q3
1 quarter
|
|
2615
Cathay General Bancorp
CATY
$4.01B
| $382K | ﹤0.01% |
8,395
+285
| +4% | +$10.7K |
2013 Q2
42 quarters
|
|
2616
Piper Sandler
PIPR
$4.65B
| $381K | ﹤0.01% |
8,580
+508
| +6% | +$19.3K |
2013 Q2
42 quarters
|
|
2617
FormFactor
FORM
$11.6B
| $380K | ﹤0.01% |
9,013
+79
| +0.9% | +$2.89K |
2015 Q1
35 quarters
|
|
|
PRFT
2618
DELISTED
Perficient Inc
PRFT
| $380K | ﹤0.01% |
5,563
-51
| -0.9% | -$3.14K |
2013 Q2
42 quarters
|
|
2619
Xtrackers MSCI Kokusai Equity ETF
KOKU
$798M
| $379K | ﹤0.01% |
4,425
+4,424
| +442,400% | +$353K |
2023 Q3
1 quarter
|
|
2620
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$611M
| $379K | ﹤0.01% |
5,034
-96
| -2% | -$7.18K |
2020 Q2
14 quarters
|
|
2621
Invesco Next Gen Media and Gaming ETF
GGME
$44.7M
| $379K | ﹤0.01% |
9,721
+9,496
| +4,220% | +$336K |
2023 Q1
3 quarters
|
|
2622
Greif
GEF
$4.64B
| $378K | ﹤0.01% |
5,678
-99
| -2% | -$6.53K |
2022 Q4
4 quarters
|
|
2623
InvenTrust Properties
IVT
$2.37B
| $375K | ﹤0.01% |
+14,555
| New | +$363K |
2023 Q4
0 quarters
|
|
2624
Vanguard Global ex-US Real Estate ETF
VNQI
$3.25B
| $374K | ﹤0.01% |
8,774
-22,238
| -72% | -$887K |
2013 Q2
42 quarters
|
|
2625
Diamondrock Hospitality Co
DRH
$2.56B
| $374K | ﹤0.01% |
38,780
+1,870
| +5% | +$15.7K |
2013 Q2
42 quarters
|
|
Similar funds
Bank of Montreal's Q4 2023 Portfolio in Review
As of Q4 2023, Bank of Montreal held 4,442 positions worth $330B, up 14% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q4 2023 filing shows 668 new, 1,596 increased, 1,270 reduced and 500 closed positions. Its largest new stake was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M. The largest sale was Royal Bank of Canada, an estimated $1.17B.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q4 2023 buy was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M.
- Bank of Montreal added most to Microsoft in Q4 2023, an estimated $879M increase.
- Bank of Montreal's biggest Q4 2023 reduction was Royal Bank of Canada, cutting an estimated $1.17B.
- Bank of Montreal fully exited Activision Blizzard in Q4 2023, selling an estimated $177M.
- Bank of Montreal's ten largest holdings make up 51% of its $330B portfolio in Q4 2023.
- Bank of Montreal opened 668 new positions and closed 500 in Q4 2023.
- Bank of Montreal's portfolio value rose 14% quarter-over-quarter to $330B.
Based on Bank of Montreal's 13F filing for Q4 2023, filed 8 Feb 2024.