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 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2626
Invesco Solar ETF
TAN
$1.36B
| $373K | ﹤0.01% |
6,873
-9,404
| -58% | -$440K |
|
2627
Xtrackers FTSE Developed ex US Multifactor ETF
DEEF
$56.6M
| $373K | ﹤0.01% |
+13,016
| New | +$345K |
|
2628
Prestige Consumer Healthcare
PBH
$2.46B
| $372K | ﹤0.01% |
6,009
+88
| +1% | +$5.22K |
|
2629
CNA Financial
CNA
$13.9B
| $371K | ﹤0.01% |
8,750
+1,815
| +26% | +$73.9K |
|
2630
Scholastic
SCHL
$784M
| $371K | ﹤0.01% |
9,719
+1,214
| +14% | +$46.4K |
|
2631
ProShares Ultra QQQ
QLD
$14.3B
| $370K | ﹤0.01% |
9,616
| – | – |
|
2632
Arrowhead Research
ARWR
$12.3B
| $369K | ﹤0.01% |
11,885
+1,442
| +14% | +$38.3K |
|
2633
National Healthcare
NHC
$3.49B
| $367K | ﹤0.01% |
+3,763
| New | +$288K |
|
2634
Driven Brands
DRVN
$2.11B
| $366K | ﹤0.01% |
+25,429
| New | +$317K |
|
2635
VanEck Uranium + Nuclear Energy ETF
NLR
$4.18B
| $366K | ﹤0.01% |
4,991
+4,788
| +2,359% | +$341K |
|
2636
BridgeBio Pharma
BBIO
$15.6B
| $366K | ﹤0.01% |
8,718
-5,890
| -40% | -$177K |
|
2637
CALL
Avantor
AVTR
$9.25B
| $366K | ﹤0.01% |
+15,700
| New | +$322K |
|
2638
AXIS Capital
AXS
$7.38B
| $365K | ﹤0.01% |
6,596
+126
| +2% | +$7.01K |
|
2639
Korn Ferry
KFY
$4.32B
| $365K | ﹤0.01% |
6,129
+232
| +4% | +$11.8K |
|
2640
Leonardo DRS
DRS
$12.2B
| $364K | ﹤0.01% |
18,001
+1
| +0% | +$19 |
|
2641
Tennant Co
TNC
$1.18B
| $364K | ﹤0.01% |
3,897
-750
| -16% | -$62.2K |
|
2642
Invesco Financial Preferred ETF
PGF
$667M
| $364K | ﹤0.01% |
24,618
-3,346
| -12% | -$46.8K |
|
2643
Forestar Group
FOR
$1.5B
| $364K | ﹤0.01% |
+10,630
| New | +$308K |
|
2644
Global X E-commerce ETF
EBIZ
$28.8M
| $364K | ﹤0.01% |
17,146
+17,142
| +428,550% | +$323K |
|
|
ORAN
2645
DELISTED
Orange
ORAN
| $363K | ﹤0.01% |
31,409
-445
| -1% | -$5.22K |
|
|
INFN
2646
DELISTED
Infinera Corporation Common Stock
INFN
| $363K | ﹤0.01% |
74,996
+469
| +0.6% | +$1.84K |
|
2647
Nuveen Enhanced Yield US Aggregate Bond ETF
NUAG
$96.7M
| $363K | ﹤0.01% |
+17,142
| New | +$346K |
|
|
QSIG
2648
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$53.3M
| $363K | ﹤0.01% |
7,560
+5,444
| +257% | +$256K |
|
2649
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $362K | ﹤0.01% |
+13,915
| New | +$334K |
|
2650
KraneShares CSI China Internet ETF
KWEB
$5.34B
| $362K | ﹤0.01% |
13,089
-990,139
| -99% | -$26.8M |
|
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 501 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 501 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.