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 | |
|---|---|---|---|---|---|---|---|
2651
Viavi Solutions
VIAV
$11B
| $334K | ﹤0.01% |
30,787
+6,261
| +26% | +$68.2K |
2013 Q2
39 quarters
|
|
|
ROOF
2652
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $334K | ﹤0.01% |
+12,272
| New | +$242K |
2023 Q1
0 quarters
|
|
|
HIVE
2653
HIVE Digital Technologies
HIVE
$801M
| $334K | ﹤0.01% |
100,705
+874
| +0.9% | +$2.6K |
2021 Q3
6 quarters
|
|
2654
Amphastar Pharmaceuticals
AMPH
$1.08B
| $334K | ﹤0.01% |
8,738
+1,324
| +18% | +$43.4K |
2014 Q3
34 quarters
|
|
2655
Kennametal
KMT
$2.42B
| $333K | ﹤0.01% |
12,051
+1,274
| +12% | +$35.1K |
2013 Q2
39 quarters
|
|
2656
ARK Next Generation Technology ETF
ARKW
$1.93B
| $333K | ﹤0.01% |
6,205
+3,837
| +162% | +$187K |
2020 Q3
10 quarters
|
|
2657
CALL
Newmont
NEM
$121B
| $331K | ﹤0.01% |
4,000
-40,700
| -91% | -$1.97M |
2022 Q3
2 quarters
|
|
2658
FuelCell Energy
FCEL
$1.32B
| $328K | ﹤0.01% |
3,679
+1,402
| +62% | +$138K |
2016 Q4
25 quarters
|
|
2659
Innovative Industrial Properties
IIPR
$1.41B
| $327K | ﹤0.01% |
4,275
-949
| -18% | -$83.8K |
2018 Q2
19 quarters
|
|
|
EMET
2660
VanEck Copper and Electrification Metals ETF
EMET
$34.5M
| $327K | ﹤0.01% |
+11,498
| New | +$346K |
2023 Q1
0 quarters
|
|
2661
Xtrackers MSCI Eurozone Hedged Equity ETF
DBEZ
$73.4M
| $326K | ﹤0.01% |
+9,750
| New | +$379K |
2023 Q1
0 quarters
|
|
2662
WisdomTree Japan SmallCap Dividend Fund
DFJ
$449M
| $326K | ﹤0.01% |
4,873
+4,623
| +1,849% | +$301K |
2021 Q2
7 quarters
|
|
2663
Enpro
NPO
$6.69B
| $325K | ﹤0.01% |
3,125
+869
| +39% | +$95.1K |
2022 Q3
2 quarters
|
|
2664
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$758M
| $325K | ﹤0.01% |
8,851
+4,480
| +102% | +$161K |
2021 Q1
8 quarters
|
|
2665
J&J Snack Foods
JJSF
$1.45B
| $324K | ﹤0.01% |
2,135
+567
| +36% | +$82.3K |
2013 Q2
39 quarters
|
|
2666
Invesco S&P 500 Quality ETF
SPHQ
$18.8B
| $324K | ﹤0.01% |
6,831
| – | – |
2018 Q2
19 quarters
|
|
2667
CVR Energy
CVI
$5.46B
| $323K | ﹤0.01% |
+9,811
| New | +$314K |
2023 Q1
0 quarters
|
|
|
GTY
2668
Getty Realty Corp
GTY
$1.72B
| $322K | ﹤0.01% |
8,947
+1,433
| +19% | +$50.2K |
2022 Q3
2 quarters
|
|
2669
Corcept Therapeutics
CORT
$12.3B
| $322K | ﹤0.01% |
14,737
-167,130
| -92% | -$3.66M |
2015 Q4
29 quarters
|
|
2670
Vornado Realty Trust
VNO
$6.33B
| $322K | ﹤0.01% |
20,950
-1,430,277
| -99% | -$28.9M |
2013 Q2
39 quarters
|
|
2671
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.26B
| $321K | ﹤0.01% |
5,049
-21,900
| -81% | -$1.37M |
2021 Q4
5 quarters
|
|
|
RDUS
2672
DELISTED
Radius Recycling
RDUS
| $321K | ﹤0.01% |
10,307
+1,360
| +15% | +$44.1K |
2016 Q2
27 quarters
|
|
2673
Sunstone Hotel Investors
SHO
$2.1B
| $321K | ﹤0.01% |
29,573
+6,829
| +30% | +$69.3K |
2022 Q3
2 quarters
|
|
2674
Matthews International
MATW
$580M
| $320K | ﹤0.01% |
8,871
+1,624
| +22% | +$59.8K |
2022 Q4
1 quarter
|
|
2675
First Mid Bancshares
FMBH
$1.31B
| $320K | ﹤0.01% |
+11,744
| New | +$358K |
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.