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 | |
|---|---|---|---|---|---|---|---|
2701
NETSCOUT
NTCT
$2.93B
| $308K | ﹤0.01% |
10,728
+2,242
| +26% | +$67.1K |
2013 Q2
39 quarters
|
|
2702
Kosmos Energy
KOS
$1.54B
| $307K | ﹤0.01% |
41,167
+12,428
| +43% | +$91K |
2022 Q2
3 quarters
|
|
2703
United Natural Foods
UNFI
$2.7B
| $307K | ﹤0.01% |
11,634
+2,054
| +21% | +$74.9K |
2013 Q2
39 quarters
|
|
2704
Supernus Pharmaceuticals
SUPN
$2.46B
| $306K | ﹤0.01% |
8,346
-2,269
| -21% | -$87.2K |
2015 Q2
31 quarters
|
|
|
MODN
2705
DELISTED
MODEL N, INC.
MODN
| $306K | ﹤0.01% |
+9,127
| New | +$333K |
2023 Q1
0 quarters
|
|
|
BBT
2706
Beacon Financial Corp
BBT
$2.36B
| $306K | ﹤0.01% |
11,896
+2,145
| +22% | +$61.3K |
2018 Q2
19 quarters
|
|
2707
Boot Barn
BOOT
$3.66B
| $305K | ﹤0.01% |
+3,984
| New | +$305K |
2023 Q1
0 quarters
|
|
2708
Aegon
AEG
$12.6B
| $305K | ﹤0.01% |
68,234
+380
| +0.6% | +$1.92K |
2013 Q2
39 quarters
|
|
2709
ESCO Technologies
ESE
$6.99B
| $304K | ﹤0.01% |
3,184
+881
| +38% | +$81.8K |
2022 Q4
1 quarter
|
|
|
QWLD
2710
State Street SPDR MSCI World StrategicFactors ETF
QWLD
$173M
| $302K | ﹤0.01% |
3,038
+2,693
| +781% | +$261K |
2022 Q3
2 quarters
|
|
|
RIDE
2711
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $301K | ﹤0.01% |
+29,999
| New | +$475K |
2023 Q1
0 quarters
|
|
2712
Astrana Health
ASTH
$1.73B
| $300K | ﹤0.01% |
+8,133
| New | +$285K |
2023 Q1
0 quarters
|
|
2713
NMI Holdings
NMIH
$2.86B
| $300K | ﹤0.01% |
13,387
+2,638
| +25% | +$59.1K |
2015 Q4
29 quarters
|
|
|
TCFC
2714
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $299K | ﹤0.01% |
+7,853
| New | +$303K |
2023 Q1
0 quarters
|
|
2715
Oxford Industries
OXM
$380M
| $299K | ﹤0.01% |
2,825
+482
| +21% | +$53.9K |
2013 Q2
39 quarters
|
|
2716
Safety Insurance
SAFT
$1.52B
| $298K | ﹤0.01% |
3,993
+649
| +19% | +$52.9K |
2013 Q2
39 quarters
|
|
2717
Carriage Services
CSV
$505M
| $298K | ﹤0.01% |
9,690
-5,774
| -37% | -$183K |
2022 Q4
1 quarter
|
|
2718
City Holding Co
CHCO
$1.99B
| $298K | ﹤0.01% |
+3,136
| New | +$297K |
2023 Q1
0 quarters
|
|
2719
Grocery Outlet
GO
$1.17B
| $297K | ﹤0.01% |
10,172
-407
| -4% | -$11.7K |
2022 Q1
4 quarters
|
|
2720
WSFS Financial
WSFS
$3.91B
| $297K | ﹤0.01% |
7,762
+1,962
| +34% | +$90.1K |
2017 Q2
23 quarters
|
|
|
NFJ
2721
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.4B
| $296K | ﹤0.01% |
22,079
+950
| +4% | +$11.3K |
2022 Q4
1 quarter
|
|
2722
Lumen
LUMN
$5.77B
| $295K | ﹤0.01% |
110,344
-549,441
| -83% | -$2.22M |
2013 Q2
39 quarters
|
|
2723
AeroVironment
AVAV
$7.13B
| $294K | ﹤0.01% |
3,201
-22
| -0.7% | -$1.95K |
2013 Q2
39 quarters
|
|
2724
Embecta
EMBC
$328M
| $294K | ﹤0.01% |
9,663
+522
| +6% | +$14.8K |
2022 Q2
3 quarters
|
|
|
KW
2725
DELISTED
Kennedy-Wilson Holdings
KW
| $294K | ﹤0.01% |
+17,688
| New | +$301K |
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.