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 |
Royal Bank of Canada
RY
|
+$905M |
| 2 |
Toronto Dominion Bank
TD
|
+$900M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$596M |
| 4 |
Brookfield
BN
|
+$554M |
| 5 |
Telus
TU
|
+$458M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Meta Platforms (Facebook)
META
|
+$638M |
| 3 |
TC Energy
TRP
|
+$550M |
| 4 |
NVIDIA
NVDA
|
+$423M |
| 5 |
UnitedHealth
UNH
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.33% |
| 2 | Financials | 15.65% |
| 3 | Consumer Discretionary | 14.79% |
| 4 | Technology | 10.38% |
| 5 | Industrials | 5.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2726
Green Dot
GDOT
$771M
| $394 | ﹤0.01% |
18,899
-31,602
| -63% | -$729K |
|
|
AIV
2727
Aimco
AIV
$383M
| $393 | ﹤0.01% |
+44,505
| New | +$365K |
|
2728
Commault Systems
CVLT
$6.1B
| $393 | ﹤0.01% |
7,380
+2,371
| +47% | +$135K |
|
2729
Altimmune
ALT
$572M
| $391 | ﹤0.01% |
+20,065
| New | +$296K |
|
2730
Novanta
NOVT
$6.3B
| $391 | ﹤0.01% |
+3,183
| New | +$434K |
|
2731
Merit Medical Systems
MMSI
$5.42B
| $390 | ﹤0.01% |
6,637
+607
| +10% | +$35K |
|
2732
Borealis Foods
BRLS
$18.4M
| $389 | ﹤0.01% |
+38,505
| New | +$387K |
|
|
ARCK
2733
DELISTED
Arbor Rapha Capital Bioholdings Corp. I Class A Common Stock
ARCK
| $389 | ﹤0.01% |
+38,405
| New | +$388K |
|
|
HI
2734
DELISTED
Hillenbrand
HI
| $388 | ﹤0.01% |
10,398
-4,175
| -29% | -$176K |
|
2735
Park National Corp
PRK
$3.75B
| $388 | ﹤0.01% |
3,025
+33
| +1% | +$4.27K |
|
|
MAGN
2736
Magnera Corp
MAGN
$444M
| $388 | ﹤0.01% |
6,722
+3,320
| +98% | +$231K |
|
2737
Gogo Inc
GOGO
$383M
| $387 | ﹤0.01% |
+28,453
| New | +$432K |
|
|
FNVT
2738
DELISTED
Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
| $387 | ﹤0.01% |
+38,361
| New | +$385K |
|
2739
Cinemark Holdings
CNK
$4.33B
| $386 | ﹤0.01% |
29,421
-101,776
| -78% | -$1.59M |
|
2740
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $385 | ﹤0.01% |
4,051
+1,556
| +62% | +$154K |
|
|
HIVE
2741
HIVE Digital Technologies
HIVE
$736M
| $385 | ﹤0.01% |
99,632
-809
| -0.8% | -$3.66K |
|
2742
International Bancshares
IBOC
$4.56B
| $385 | ﹤0.01% |
8,846
+110
| +1% | +$4.69K |
|
|
PCH
2743
DELISTED
PotlatchDeltic
PCH
| $383 | ﹤0.01% |
8,810
-5,846
| -40% | -$269K |
|
|
BECN
2744
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $383 | ﹤0.01% |
6,967
-519
| -7% | -$29.4K |
|
2745
Global X MLP ETF
MLPA
$2.3B
| $382 | ﹤0.01% |
+9,658
| New | +$391K |
|
|
ACH
2746
Accendra Health
ACH
$73.1M
| $382 | ﹤0.01% |
11,316
+23
| +0.2% | +$709 |
|
2747
Academy Sports + Outdoors
ASO
$2.98B
| $381 | ﹤0.01% |
8,370
-165
| -2% | -$7.23K |
|
2748
Gran Tierra Energy
GTE
$325M
| $381 | ﹤0.01% |
30,703
-457
| -1% | -$5.7K |
|
2749
Kontoor Brands
KTB
$4.69B
| $381 | ﹤0.01% |
9,938
+311
| +3% | +$11.5K |
|
2750
Invesco S&P 500 Pure Growth ETF
RPG
$2.1B
| $381 | ﹤0.01% |
12,020
-1,600
| -12% | -$51.2K |
|
Similar funds
Bank of Montreal's Q3 2022 Portfolio in Review
As of Q3 2022, Bank of Montreal held 4,641 positions worth $232M, up 7.5% from $215M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Bank of Montreal withdrew a net $631M in Q3 2022, closing 592 positions and reducing 1,550 holdings. Its most notable exit was Alibaba, an estimated $964K position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, up from 6.8% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Bank of Montreal opened a new position in MSD Acquisition Corp. Class A Ordinary Shares worth $24.3K.
- Bank of Montreal's largest Q3 2022 buy was MSD Acquisition Corp. Class A Ordinary Shares: 2,453,513 shares worth $24.3K.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2022, an estimated $905M increase.
- Bank of Montreal's biggest Q3 2022 reduction was Apple, cutting an estimated $1.07B.
- Bank of Montreal fully exited Alibaba in Q3 2022, selling an estimated $964K.
- Bank of Montreal's ten largest holdings make up 45% of its $232M portfolio in Q3 2022.
- Bank of Montreal opened 635 new positions and closed 592 in Q3 2022.
- Bank of Montreal's portfolio value rose 7.5% quarter-over-quarter to $232M.
Based on Bank of Montreal's 13F filing for Q3 2022, filed 10 Nov 2022.