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 | |
|---|---|---|---|---|---|---|---|
|
MGIC
2751
DELISTED
Magic Software Enterprises
MGIC
| $283K | ﹤0.01% |
20,000
| – | – |
2022 Q3
2 quarters
|
|
2752
Blue Owl Capital
OBDC
$5.15B
| $282K | ﹤0.01% |
22,232
+5,497
| +33% | +$70.7K |
2021 Q1
8 quarters
|
|
2753
Buckle
BKE
$2.2B
| $282K | ﹤0.01% |
6,789
+1,356
| +25% | +$55.6K |
2022 Q4
1 quarter
|
|
2754
Frontdoor
FTDR
$5.2B
| $282K | ﹤0.01% |
+9,975
| New | +$264K |
2023 Q1
0 quarters
|
|
2755
Urban Edge Properties
UE
$2.47B
| $281K | ﹤0.01% |
18,632
+3,870
| +26% | +$58.3K |
2015 Q2
31 quarters
|
|
2756
First Trust Technology AlphaDEX Fund
FXL
$2.9B
| $280K | ﹤0.01% |
2,666
-2,447
| -48% | -$247K |
2015 Q1
32 quarters
|
|
2757
Invesco Large Cap Value ETF
PWV
$1.8B
| $280K | ﹤0.01% |
5,931
+2,566
| +76% | +$119K |
2013 Q2
39 quarters
|
|
2758
CorVel
CRVL
$3.77B
| $280K | ﹤0.01% |
+4,401
| New | +$257K |
2023 Q1
0 quarters
|
|
|
EOD
2759
Allspring Global Dividend Opportunity Fund
EOD
$273M
| $278K | ﹤0.01% |
60,000
| – | – |
2020 Q3
10 quarters
|
|
2760
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.72B
| $278K | ﹤0.01% |
+7,824
| New | +$278K |
2023 Q1
0 quarters
|
|
2761
APi Group
APG
$17.3B
| $277K | ﹤0.01% |
+17,298
| New | +$248K |
2023 Q1
0 quarters
|
|
|
JPI
2762
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $277K | ﹤0.01% |
+15,723
| New | +$300K |
2023 Q1
0 quarters
|
|
2763
Cemex
CX
$13.6B
| $276K | ﹤0.01% |
49,880
-35,614
| -42% | -$181K |
2013 Q2
39 quarters
|
|
2764
Pacira BioSciences
PCRX
$997M
| $275K | ﹤0.01% |
6,725
+2,603
| +63% | +$104K |
2013 Q2
39 quarters
|
|
2765
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$567M
| $274K | ﹤0.01% |
4,674
-1,400
| -23% | -$80.5K |
2021 Q2
7 quarters
|
|
2766
Innovator US Small Cap Power Buffer ETF January
KJAN
$318M
| $272K | ﹤0.01% |
8,850
| – | – |
2020 Q1
12 quarters
|
|
2767
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$564M
| $272K | ﹤0.01% |
8,612
+1,240
| +17% | +$38.1K |
2021 Q2
7 quarters
|
|
2768
HNI Corp
HNI
$3.37B
| $271K | ﹤0.01% |
9,726
+1,816
| +23% | +$53.9K |
2013 Q2
39 quarters
|
|
2769
First Trust Exchange-Traded Fund II First Trust Indxx Global Agriculture ETF
FTAG
$14M
| $269K | ﹤0.01% |
9,303
+1,399
| +18% | +$41.5K |
2022 Q4
1 quarter
|
|
2770
Global X Video Games & Esports ETF
HERO
$62.6M
| $269K | ﹤0.01% |
+10,338
| New | +$204K |
2023 Q1
0 quarters
|
|
2771
DoubleVerify
DV
$2.11B
| $269K | ﹤0.01% |
+8,907
| New | +$233K |
2023 Q1
0 quarters
|
|
|
FARO
2772
DELISTED
Faro Technologies
FARO
| $268K | ﹤0.01% |
10,879
+1,611
| +17% | +$44.7K |
2013 Q2
39 quarters
|
|
2773
S&T Bancorp
STBA
$1.73B
| $268K | ﹤0.01% |
8,301
+583
| +8% | +$20.3K |
2013 Q2
39 quarters
|
|
2774
Cohen & Steers Quality Income Realty Fund
RQI
$1.46B
| $268K | ﹤0.01% |
22,409
-7,200
| -24% | -$90.1K |
2022 Q3
2 quarters
|
|
2775
Ubiquiti
UI
$36.9B
| $267K | ﹤0.01% |
983
+7
| +0.7% | +$1.94K |
2013 Q4
37 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.