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 | |
|---|---|---|---|---|---|---|---|
2676
GT Biopharma
GTBP
$11.2M
| $320K | ﹤0.01% |
+609
| New | +$349K |
2023 Q1
0 quarters
|
|
2677
NewMarket
NEU
$8.47B
| $319K | ﹤0.01% |
874
-118
| -12% | -$40.9K |
2021 Q3
6 quarters
|
|
2678
Nuveen Taxable Municipal Income Fund
NBB
$420M
| $319K | ﹤0.01% |
+19,079
| New | +$311K |
2023 Q1
0 quarters
|
|
2679
Bankunited
BKU
$3.04B
| $319K | ﹤0.01% |
13,476
+1,814
| +16% | +$59.1K |
2014 Q4
33 quarters
|
|
|
GXAI
2680
Gaxos.ai
GXAI
$7.31M
| $319K | ﹤0.01% |
+8,796
| New | +$205K |
2023 Q1
0 quarters
|
|
2681
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$56.3B
| $318K | ﹤0.01% |
5,736
+538
| +10% | +$28.5K |
2020 Q3
10 quarters
|
|
2682
Invesco Water Resources ETF
PHO
$1.89B
| $317K | ﹤0.01% |
5,911
-544
| -8% | -$28.8K |
2013 Q2
39 quarters
|
|
2683
Atkore
ATKR
$3.2B
| $316K | ﹤0.01% |
+2,244
| New | +$304K |
2023 Q1
0 quarters
|
|
2684
JPMorgan Equity Premium Income ETF
JEPI
$45B
| $313K | ﹤0.01% |
5,740
+2,055
| +56% | +$112K |
2021 Q4
5 quarters
|
|
2685
Northern Trust iBoxx 3-Year Target Duration TIPS ETF
TDTT
$2.5B
| $313K | ﹤0.01% |
12,959
+676
| +6% | +$16K |
2021 Q2
7 quarters
|
|
2686
BioNTech
BNTX
$24.3B
| $312K | ﹤0.01% |
2,401
-32,205
| -93% | -$4.42M |
2020 Q4
9 quarters
|
|
2687
Xerox
XRX
$412M
| $312K | ﹤0.01% |
20,273
+4,596
| +29% | +$74.3K |
2019 Q4
13 quarters
|
|
2688
AXIS Capital
AXS
$6.97B
| $311K | ﹤0.01% |
5,693
+950
| +20% | +$55.2K |
2022 Q1
4 quarters
|
|
2689
OP Bancorp
OPBK
$227M
| $311K | ﹤0.01% |
+30,255
| New | +$326K |
2023 Q1
0 quarters
|
|
2690
Tennant Co
TNC
$1.14B
| $311K | ﹤0.01% |
4,532
+561
| +14% | +$38K |
2013 Q2
39 quarters
|
|
2691
Lakeland Financial Corp
LKFN
$1.44B
| $311K | ﹤0.01% |
4,930
+987
| +25% | +$68.8K |
2020 Q2
11 quarters
|
|
2692
PUT
Las Vegas Sands
LVS
$23.8B
| $310K | ﹤0.01% |
5,400
+3,600
| +200% | +$202K |
2022 Q1
4 quarters
|
|
2693
First Trust Alerian Disruptive Technology Real Estate ETF
DTRE
$13.5M
| $310K | ﹤0.01% |
+7,586
| New | +$311K |
2023 Q1
0 quarters
|
|
2694
Healthcare Services Group
HCSG
$1.41B
| $310K | ﹤0.01% |
22,211
-53,392
| -71% | -$703K |
2013 Q2
39 quarters
|
|
2695
First Trust New York Municipal High Income ETF
FMNY
$36.2M
| $310K | ﹤0.01% |
+11,558
| New | +$309K |
2023 Q1
0 quarters
|
|
2696
StoneX
SNEX
$7.89B
| $310K | ﹤0.01% |
15,076
+2,885
| +24% | +$54.9K |
2022 Q3
2 quarters
|
|
2697
Gibraltar Industries
ROCK
$1.18B
| $309K | ﹤0.01% |
6,361
+1,010
| +19% | +$51.6K |
2013 Q2
39 quarters
|
|
2698
Methode Electronics
MEI
$509M
| $309K | ﹤0.01% |
7,027
+1,966
| +39% | +$91.1K |
2013 Q2
39 quarters
|
|
2699
Vanguard World Funds Extended Duration ETF
EDV
$3.41B
| $308K | ﹤0.01% |
3,404
+3,399
| +67,980% | +$302K |
2022 Q1
4 quarters
|
|
|
FSR
2700
PUT
DELISTED
Fisker Inc.
FSR
| $308K | ﹤0.01% |
50,000
-142,800
| -74% | -$984K |
2022 Q1
4 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.