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 | |
|---|---|---|---|---|---|---|---|
2776
Tronox
TROX
$610M
| $299K | ﹤0.01% |
20,645
-2,351
| -10% | -$28.9K |
2015 Q4
32 quarters
|
|
2777
Nuveen Virginia Quality Municipal Income Fund
NPV
$182M
| $297K | ﹤0.01% |
+23,394
| New | +$233K |
2023 Q4
0 quarters
|
|
2778
Strategic Education
STRA
$1.75B
| $297K | ﹤0.01% |
3,136
+171
| +6% | +$14.8K |
2013 Q2
42 quarters
|
|
|
PGTI
2779
DELISTED
PGT, Inc.
PGTI
| $297K | ﹤0.01% |
+7,193
| New | +$234K |
2023 Q4
0 quarters
|
|
2780
iShares ESG Advanced MSCI USA ETF
USXF
$1.48B
| $296K | ﹤0.01% |
+7,414
| New | +$271K |
2023 Q4
0 quarters
|
|
2781
Genworth Financial
GNW
$3.52B
| $295K | ﹤0.01% |
43,316
+2,844
| +7% | +$17.3K |
2013 Q2
42 quarters
|
|
2782
Hertz
HTZ
$617M
| $295K | ﹤0.01% |
27,617
+4,149
| +18% | +$40.1K |
2022 Q1
7 quarters
|
|
|
AZEK
2783
DELISTED
The AZEK Co
AZEK
| $295K | ﹤0.01% |
7,620
-80,305
| -91% | -$2.5M |
2022 Q4
4 quarters
|
|
2784
Cheesecake Factory
CAKE
$5.37B
| $295K | ﹤0.01% |
8,187
+245
| +3% | +$7.82K |
2013 Q2
42 quarters
|
|
2785
Kadant
KAI
$3.11B
| $295K | ﹤0.01% |
1,027
-164
| -14% | -$41K |
2020 Q2
14 quarters
|
|
2786
Nurix Therapeutics
NRIX
$2.42B
| $294K | ﹤0.01% |
+27,400
| New | +$188K |
2023 Q4
0 quarters
|
|
2787
Invesco Investment Grade Defensive ETF
IIGD
$26.2M
| $293K | ﹤0.01% |
+12,040
| New | +$285K |
2023 Q4
0 quarters
|
|
2788
WisdomTree International MidCap Dividend Fund
DIM
$157M
| $293K | ﹤0.01% |
4,796
+261
| +6% | +$14.9K |
2023 Q2
2 quarters
|
|
2789
AXS Esoterica NextG Economy ETF
WUGI
$34.5M
| $292K | ﹤0.01% |
5,637
-1,115
| -17% | -$52.3K |
2023 Q3
1 quarter
|
|
2790
Universal Technical Institute
UTI
$1.05B
| $292K | ﹤0.01% |
22,952
| – | – |
2023 Q1
3 quarters
|
|
2791
Northern Trust Developed Markets ex-US Quality Low Volatility ETF
QLVD
$50.9M
| $292K | ﹤0.01% |
11,263
-1,943
| -15% | -$48.1K |
2023 Q3
1 quarter
|
|
|
TWIO
2792
DELISTED
Trajan Wealth Income Opportunities ETF
TWIO
| $290K | ﹤0.01% |
32,620
+14,471
| +80% | +$122K |
2023 Q3
1 quarter
|
|
2793
Ligand Pharmaceuticals
LGND
$6.04B
| $290K | ﹤0.01% |
+3,949
| New | +$233K |
2023 Q4
0 quarters
|
|
2794
PUT
Aemetis
AMTX
$125M
| $290K | ﹤0.01% |
50,000
| – | – |
2023 Q2
2 quarters
|
|
|
HOS
2795
Hornbeck Offshore Services, Inc.
HOS
$2.55B
| $289K | ﹤0.01% |
26,876
+3,620
| +16% | +$36K |
2013 Q2
42 quarters
|
|
2796
J&J Snack Foods
JJSF
$1.45B
| $289K | ﹤0.01% |
1,668
+132
| +9% | +$21.5K |
2013 Q2
42 quarters
|
|
2797
Resideo Technologies
REZI
$2.76B
| $289K | ﹤0.01% |
15,162
-192
| -1% | -$3.14K |
2019 Q1
19 quarters
|
|
2798
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.16B
| $289K | ﹤0.01% |
6,548
-7,001
| -52% | -$276K |
2013 Q2
42 quarters
|
|
2799
AdaptHealth
AHCO
$758M
| $289K | ﹤0.01% |
39,278
+10,443
| +36% | +$82.3K |
2023 Q1
3 quarters
|
|
2800
AdvisorShares Pure US Cannabis ETF
MSOS
$906M
| $289K | ﹤0.01% |
39,974
-503
| -1% | -$3.34K |
2020 Q4
12 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.