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 | |
|---|---|---|---|---|---|---|---|
|
ZSTK
2826
ZeroStack Corp
ZSTK
$105M
| $244K | ﹤0.01% |
1,064
+1,049
| +6,993% | +$263K |
2022 Q2
3 quarters
|
|
|
NVTA
2827
DELISTED
Invitae Corporation
NVTA
| $243K | ﹤0.01% |
+175,362
| New | +$345K |
2023 Q1
0 quarters
|
|
2828
Agilysys
AGYS
$2.83B
| $243K | ﹤0.01% |
+2,939
| New | +$238K |
2023 Q1
0 quarters
|
|
2829
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$406M
| $243K | ﹤0.01% |
5,700
+3,213
| +129% | +$137K |
2019 Q4
13 quarters
|
|
|
BZUN
2830
Baozun
BZUN
$179M
| $242K | ﹤0.01% |
+37,748
| New | +$249K |
2023 Q1
0 quarters
|
|
|
APRN
2831
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $241K | ﹤0.01% |
27,700
-25
| -0.1% | -$275 |
2022 Q3
2 quarters
|
|
2832
BioLife Solutions
BLFS
$1.8B
| $241K | ﹤0.01% |
+11,035
| New | +$248K |
2023 Q1
0 quarters
|
|
2833
Mesa Laboratories
MLAB
$724M
| $241K | ﹤0.01% |
1,373
+225
| +20% | +$40.3K |
2022 Q4
1 quarter
|
|
2834
Standex International
SXI
$3.5B
| $240K | ﹤0.01% |
+1,961
| New | +$223K |
2023 Q1
0 quarters
|
|
2835
Procore
PCOR
$7.85B
| $240K | ﹤0.01% |
+3,826
| New | +$224K |
2023 Q1
0 quarters
|
|
|
VGR
2836
DELISTED
Vector Group Ltd.
VGR
| $240K | ﹤0.01% |
19,921
-23,593
| -54% | -$298K |
2013 Q2
39 quarters
|
|
2837
Western New England Bancorp
WNEB
$276M
| $240K | ﹤0.01% |
+27,672
| New | +$262K |
2023 Q1
0 quarters
|
|
2838
The GEO Group
GEO
$4.05B
| $239K | ﹤0.01% |
30,213
+17,404
| +136% | +$171K |
2017 Q2
23 quarters
|
|
2839
Northern Trust Emerging Markets Quality Low Volatility ETF
QLVE
$16.9M
| $239K | ﹤0.01% |
+10,476
| New | +$238K |
2023 Q1
0 quarters
|
|
2840
ProShares Ultra QQQ
QLD
$15.1B
| $238K | ﹤0.01% |
9,616
-2,320
| -19% | -$49.2K |
2021 Q2
7 quarters
|
|
2841
ProShares Short 20+ Year Treasury ETF
TBF
$143M
| $238K | ﹤0.01% |
11,058
+9,668
| +696% | +$209K |
2021 Q2
7 quarters
|
|
2842
JPMorgan USD Emerging Markets Sovereign Bond ETF
JPMB
$94.5M
| $238K | ﹤0.01% |
+6,060
| New | +$237K |
2023 Q1
0 quarters
|
|
2843
Ichor Holdings
ICHR
$2.34B
| $238K | ﹤0.01% |
+7,219
| New | +$232K |
2023 Q1
0 quarters
|
|
|
UMH
2844
UMH Properties
UMH
$1.31B
| $236K | ﹤0.01% |
+15,957
| New | +$262K |
2023 Q1
0 quarters
|
|
2845
Invesco Trust for Investment Grade New York Municipals
VTN
$140M
| $236K | ﹤0.01% |
19,810
-1,301
| -6% | -$13.5K |
2022 Q4
1 quarter
|
|
2846
Leonardo DRS
DRS
$9.81B
| $236K | ﹤0.01% |
18,175
| – | – |
2022 Q4
1 quarter
|
|
2847
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.24B
| $236K | ﹤0.01% |
+20,179
| New | +$233K |
2023 Q1
0 quarters
|
|
2848
REX American Resources
REX
$1.45B
| $236K | ﹤0.01% |
16,166
+2,850
| +21% | +$45K |
2022 Q4
1 quarter
|
|
2849
On Holding
ONON
$10.1B
| $235K | ﹤0.01% |
7,589
-4,520
| -37% | -$102K |
2022 Q2
3 quarters
|
|
2850
DNP Select Income Fund
DNP
$3.52B
| $235K | ﹤0.01% |
21,950
-2,383
| -10% | -$27.1K |
2013 Q2
39 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.