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 | |
|---|---|---|---|---|---|---|---|
2801
WisdomTree US LargeCap Dividend Fund
DLN
$6.15B
| $256K | ﹤0.01% |
4,130
-117
| -3% | -$7.26K |
2018 Q1
20 quarters
|
|
2802
Hope Bancorp
HOPE
$1.72B
| $256K | ﹤0.01% |
25,371
+3,773
| +17% | +$46.2K |
2013 Q2
39 quarters
|
|
2803
Lemonade
LMND
$3.62B
| $255K | ﹤0.01% |
15,811
+735
| +5% | +$11.2K |
2021 Q4
5 quarters
|
|
2804
Cohen & Steers Infrastructure Fund
UTF
$2.75B
| $255K | ﹤0.01% |
+10,442
| New | +$256K |
2023 Q1
0 quarters
|
|
|
HBI
2805
PUT
DELISTED
Hanesbrands
HBI
| $255K | ﹤0.01% |
+48,400
| New | +$304K |
2023 Q1
0 quarters
|
|
|
AGOV
2806
DELISTED
ETC Gavekal Asia Pacific Government Bond ETF
AGOV
| $254K | ﹤0.01% |
+3,257
| New | +$253K |
2023 Q1
0 quarters
|
|
|
IBTX
2807
DELISTED
Independent Bank Group, Inc.
IBTX
| $254K | ﹤0.01% |
+4,389
| New | +$249K |
2023 Q1
0 quarters
|
|
2808
PSQ Holdings
PSQH
$18.2M
| $254K | ﹤0.01% |
1,667
| – | – |
2021 Q4
5 quarters
|
|
2809
First Commonwealth Financial
FCF
$2.05B
| $253K | ﹤0.01% |
20,274
+3,782
| +23% | +$54.5K |
2013 Q2
39 quarters
|
|
2810
Employers Holdings
EIG
$874M
| $253K | ﹤0.01% |
+5,937
| New | +$254K |
2023 Q1
0 quarters
|
|
|
JBGS
2811
JBG SMITH
JBGS
$607M
| $251K | ﹤0.01% |
13,520
-687,639
| -98% | -$12.2M |
2017 Q3
22 quarters
|
|
2812
Warrior Met Coal
HCC
$4.7B
| $250K | ﹤0.01% |
+6,815
| New | +$252K |
2023 Q1
0 quarters
|
|
2813
Zymeworks
ZYME
$1.86B
| $250K | ﹤0.01% |
27,649
-9,130
| -25% | -$79.6K |
2017 Q2
23 quarters
|
|
2814
First Bancorp
FBNC
$2.55B
| $249K | ﹤0.01% |
6,910
+1,669
| +32% | +$66.4K |
2022 Q3
2 quarters
|
|
2815
Bread Financial
BFH
$3.72B
| $249K | ﹤0.01% |
8,220
+1,974
| +32% | +$73.9K |
2013 Q2
39 quarters
|
|
2816
MVB Financial
MVBF
$386M
| $249K | ﹤0.01% |
+9,147
| New | +$212K |
2023 Q1
0 quarters
|
|
|
PGZ
2817
Principal Real Estate Income Fund
PGZ
$59.8M
| $248K | ﹤0.01% |
22,000
| – | – |
2021 Q2
7 quarters
|
|
|
HQH
2818
abrdn Healthcare Investors
HQH
$1.17B
| $248K | ﹤0.01% |
12,340
+2,186
| +22% | +$39.8K |
2022 Q2
3 quarters
|
|
2819
Enel Chile
ENIC
$5.71B
| $248K | ﹤0.01% |
91,811
+8,178
| +10% | +$18.5K |
2021 Q1
8 quarters
|
|
2820
Harmonic Inc
HLIT
$1.17B
| $246K | ﹤0.01% |
16,859
+7,386
| +78% | +$102K |
2018 Q2
19 quarters
|
|
2821
BridgeBio Pharma
BBIO
$13.1B
| $246K | ﹤0.01% |
+13,880
| New | +$162K |
2023 Q1
0 quarters
|
|
2822
Bally's
BALY
$704M
| $246K | ﹤0.01% |
+12,490
| New | +$245K |
2023 Q1
0 quarters
|
|
2823
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$553M
| $245K | ﹤0.01% |
4,545
-40
| -0.9% | -$2.1K |
2019 Q2
15 quarters
|
|
2824
Invesco Pennsylvania Value Municipal Income Trust
VPV
$190M
| $245K | ﹤0.01% |
20,899
-1,389
| -6% | -$14K |
2022 Q4
1 quarter
|
|
|
EVM
2825
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $244K | ﹤0.01% |
23,538
-1,559
| -6% | -$14K |
2022 Q4
1 quarter
|
|
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.