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 | Miscellaneous | 12.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2701
ProShares S&P 500 ex-Financials ETF
SPXN
$79.5M
| $339K | ﹤0.01% |
6,598
+356
| +6% | +$17.2K |
2023 Q2
2 quarters
|
|
2702
NBT Bancorp
NBTB
$2.64B
| $338K | ﹤0.01% |
7,808
+375
| +5% | +$13.6K |
2013 Q2
42 quarters
|
|
|
RDUS
2703
DELISTED
Radius Recycling
RDUS
| $337K | ﹤0.01% |
10,696
-5,101
| -32% | -$134K |
2016 Q2
30 quarters
|
|
2704
Energy Recovery
ERII
$342M
| $336K | ﹤0.01% |
17,663
+4,274
| +32% | +$79.4K |
2023 Q1
3 quarters
|
|
|
FL
2705
DELISTED
Foot Locker
FL
| $335K | ﹤0.01% |
10,720
-7,683
| -42% | -$185K |
2013 Q2
42 quarters
|
|
2706
MasterBrand
MBC
$1.43B
| $335K | ﹤0.01% |
22,142
+634
| +3% | +$8.13K |
2022 Q4
4 quarters
|
|
2707
REX American Resources
REX
$1.45B
| $332K | ﹤0.01% |
13,750
-2,042
| -13% | -$40.8K |
2022 Q4
4 quarters
|
|
2708
Champion Homes
SKY
$4.75B
| $332K | ﹤0.01% |
4,312
+293
| +7% | +$18.4K |
2023 Q1
3 quarters
|
|
2709
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.74B
| $332K | ﹤0.01% |
6,410
+5,660
| +755% | +$267K |
2023 Q3
1 quarter
|
|
2710
California Resources
CRC
$4.59B
| $331K | ﹤0.01% |
5,932
+887
| +18% | +$46.6K |
2023 Q2
2 quarters
|
|
2711
iRhythm Holdings
IRTC
$3.66B
| $331K | ﹤0.01% |
+3,026
| New | +$264K |
2023 Q4
0 quarters
|
|
|
NARI
2712
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $331K | ﹤0.01% |
5,030
+908
| +22% | +$54.7K |
2021 Q3
9 quarters
|
|
2713
Distillate International Fundamental Stability & Value ETF
DSTX
$67.2M
| $330K | ﹤0.01% |
+13,896
| New | +$308K |
2023 Q4
0 quarters
|
|
2714
Prospect Capital
PSEC
$1.09B
| $329K | ﹤0.01% |
53,783
-15,394
| -22% | -$88.6K |
2013 Q2
42 quarters
|
|
|
MARX
2715
DELISTED
Mars Acquisition Corp. Ordinary Shares
MARX
| $329K | ﹤0.01% |
30,594
-14,550
| -32% | -$154K |
2023 Q2
2 quarters
|
|
2716
ACI Worldwide
ACIW
$5.02B
| $329K | ﹤0.01% |
10,694
-731
| -6% | -$18.3K |
2013 Q2
42 quarters
|
|
2717
Unifirst Corp
UNF
$4.56B
| $329K | ﹤0.01% |
1,757
+202
| +13% | +$34.5K |
2013 Q2
42 quarters
|
|
2718
NMI Holdings
NMIH
$2.86B
| $328K | ﹤0.01% |
10,878
+587
| +6% | +$16.4K |
2015 Q4
32 quarters
|
|
2719
John Hancock Corporate Bond ETF
JHCB
$95.2M
| $328K | ﹤0.01% |
+15,282
| New | +$311K |
2023 Q4
0 quarters
|
|
2720
Nu Skin
NUS
$221M
| $328K | ﹤0.01% |
16,794
+3,843
| +30% | +$70.9K |
2013 Q2
42 quarters
|
|
2721
CALL
Amplify Alternative Harvest ETF
MJ
$104M
| $327K | ﹤0.01% |
+8,333
| New | +$313K |
2023 Q4
0 quarters
|
|
2722
VanEck Rare Earth/Strategic Metals ETF
REMX
$1.81B
| $326K | ﹤0.01% |
5,192
+1,597
| +44% | +$94.3K |
2013 Q3
41 quarters
|
|
2723
ImmunityBio
IBRX
$9.84B
| $325K | ﹤0.01% |
62,421
+14,061
| +29% | +$44.1K |
2023 Q3
1 quarter
|
|
2724
Hayward Holdings
HAYW
$2.6B
| $325K | ﹤0.01% |
23,527
+13,173
| +127% | +$162K |
2023 Q2
2 quarters
|
|
2725
First Trust Technology AlphaDEX Fund
FXL
$2.9B
| $324K | ﹤0.01% |
2,495
| – | – |
2015 Q1
35 quarters
|
|
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 500 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 500 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.