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 | |
|---|---|---|---|---|---|---|---|
2626
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11B
| $343K | ﹤0.01% |
11,586
-11,105
| -49% | -$328K |
2021 Q2
7 quarters
|
|
|
BYM
2627
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $343K | ﹤0.01% |
26,880
-1,746
| -6% | -$20K |
2022 Q4
1 quarter
|
|
2628
GSK
GSK
$94.5B
| $342K | ﹤0.01% |
9,615
-1,043
| -10% | -$36.5K |
2013 Q2
39 quarters
|
|
2629
Banner Corp
BANR
$2.47B
| $342K | ﹤0.01% |
6,276
+1,231
| +24% | +$75.1K |
2013 Q3
38 quarters
|
|
|
SLAM
2630
DELISTED
Slam Corp. Class A Ordinary Share
SLAM
| $342K | ﹤0.01% |
33,000
-2,901,030
| -99% | -$29.6M |
2021 Q2
7 quarters
|
|
2631
Brady Corp
BRC
$3.95B
| $341K | ﹤0.01% |
6,336
+1,473
| +30% | +$77.1K |
2013 Q2
39 quarters
|
|
2632
VictoryShares Emerging Markets Value Momentum ETF
UEVM
$240M
| $340K | ﹤0.01% |
+8,224
| New | +$337K |
2023 Q1
0 quarters
|
|
2633
Columbus McKinnon
CMCO
$460M
| $340K | ﹤0.01% |
8,920
+1,741
| +24% | +$63.1K |
2022 Q4
1 quarter
|
|
2634
RBC Bearings
RBC
$16.1B
| $339K | ﹤0.01% |
+1,455
| New | +$335K |
2023 Q1
0 quarters
|
|
2635
Liberty All-Star Equity Fund
USA
$1.78B
| $339K | ﹤0.01% |
54,634
-11,526
| -17% | -$70.8K |
2022 Q4
1 quarter
|
|
|
GMS
2636
DELISTED
GMS Inc
GMS
| $339K | ﹤0.01% |
5,838
+1,013
| +21% | +$57.4K |
2018 Q2
19 quarters
|
|
2637
AGNC Investment
AGNC
$10.6B
| $339K | ﹤0.01% |
33,594
-1,117
| -3% | -$12.1K |
2016 Q4
25 quarters
|
|
2638
First Financial Bancorp
FFBC
$3.31B
| $338K | ﹤0.01% |
14,874
+3,651
| +33% | +$87.7K |
2013 Q2
39 quarters
|
|
|
LGVC
2639
DELISTED
LAMF Global Ventures Corp. I Class A Ordinary Shares
LGVC
| $338K | ﹤0.01% |
32,300
| – | – |
2022 Q2
3 quarters
|
|
2640
PUT
Evertec
EVTC
$1.64B
| $338K | ﹤0.01% |
+10,000
| New | +$351K |
2023 Q1
0 quarters
|
|
2641
Vir Biotechnology
VIR
$1.91B
| $337K | ﹤0.01% |
12,639
+2,456
| +24% | +$62.8K |
2022 Q2
3 quarters
|
|
2642
Franklin Responsibly Sourced Gold ETF
FGDL
$431M
| $337K | ﹤0.01% |
+12,700
| New | +$322K |
2023 Q1
0 quarters
|
|
|
TPH
2643
DELISTED
Tri Pointe Homes
TPH
| $337K | ﹤0.01% |
13,294
+3,260
| +32% | +$73.8K |
2013 Q2
39 quarters
|
|
2644
PUT
Baxter International
BAX
$12.2B
| $337K | ﹤0.01% |
+8,300
| New | +$352K |
2023 Q1
0 quarters
|
|
2645
Myriad Genetics
MYGN
$388M
| $337K | ﹤0.01% |
14,243
+2,349
| +20% | +$47.7K |
2013 Q2
39 quarters
|
|
|
SRDX
2646
DELISTED
Surmodics
SRDX
| $336K | ﹤0.01% |
14,579
+8,976
| +160% | +$231K |
2013 Q2
39 quarters
|
|
2647
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.05B
| $336K | ﹤0.01% |
+14,140
| New | +$333K |
2023 Q1
0 quarters
|
|
2648
Adams Diversified Equity Fund
ADX
$3.21B
| $335K | ﹤0.01% |
18,444
+636
| +4% | +$9.69K |
2022 Q4
1 quarter
|
|
2649
MYR Group
MYRG
$4.64B
| $335K | ﹤0.01% |
+2,645
| New | +$284K |
2023 Q1
0 quarters
|
|
2650
BioCryst Pharmaceuticals
BCRX
$2.07B
| $334K | ﹤0.01% |
39,160
-8,302
| -17% | -$79.9K |
2013 Q4
37 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.