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 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2826
Jasper Therapeutics
JSPR
$27.5M
| $279K | ﹤0.01% |
+34,830
| New | +$234K |
|
2827
Matthews International
MATW
$725M
| $278K | ﹤0.01% |
7,133
+256
| +4% | +$9.39K |
|
2828
Renasant Corp
RNST
$3.99B
| $277K | ﹤0.01% |
+8,055
| New | +$226K |
|
2829
RXO
RXO
$3.87B
| $276K | ﹤0.01% |
11,485
+1,130
| +11% | +$22.7K |
|
|
MUE
2830
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $276K | ﹤0.01% |
+23,444
| New | +$220K |
|
2831
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $275K | ﹤0.01% |
4,945
-394,529
| -99% | -$21.2M |
|
|
FSR
2832
PUT
DELISTED
Fisker Inc.
FSR
| $275K | ﹤0.01% |
152,800
-80,500
| -35% | -$285K |
|
2833
iShares MSCI Israel ETF
EIS
$910M
| $275K | ﹤0.01% |
4,680
+3,880
| +485% | +$203K |
|
2834
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.29B
| $274K | ﹤0.01% |
15,660
-47,842
| -75% | -$815K |
|
|
TBLU
2835
Tortoise Global Water ETF
TBLU
$57.9M
| $274K | ﹤0.01% |
+6,850
| New | +$273K |
|
2836
Cemex
CX
$16B
| $274K | ﹤0.01% |
34,714
-2,633
| -7% | -$17.9K |
|
2837
Shinhan Financial Group
SHG
$35.4B
| $273K | ﹤0.01% |
8,783
-6,583
| -43% | -$181K |
|
2838
Sylvamo
SLVM
$1.53B
| $273K | ﹤0.01% |
+5,425
| New | +$253K |
|
2839
First Financial Bancorp
FFBC
$3.61B
| $273K | ﹤0.01% |
11,206
+502
| +5% | +$10.4K |
|
2840
Bright Horizons
BFAM
$3.78B
| $273K | ﹤0.01% |
2,814
-50
| -2% | -$4.26K |
|
2841
Rogers Corp
ROG
$2.51B
| $272K | ﹤0.01% |
1,991
-10,079
| -84% | -$1.29M |
|
2842
Urban Edge Properties
UE
$2.78B
| $272K | ﹤0.01% |
14,564
+840
| +6% | +$13.8K |
|
2843
The Bancorp
TBBK
$2.84B
| $272K | ﹤0.01% |
6,486
+303
| +5% | +$11.3K |
|
2844
Innoviva
INVA
$1.52B
| $272K | ﹤0.01% |
16,675
+5,384
| +48% | +$75.3K |
|
2845
Wabash National
WNC
$519M
| $271K | ﹤0.01% |
10,488
-650
| -6% | -$14.7K |
|
|
UCTT
2846
Ultra Clean Holdings
UCTT
$3.9B
| $271K | ﹤0.01% |
7,707
-115
| -1% | -$3.2K |
|
2847
ARK Web x.0 ETF
ARKW
$1.8B
| $271K | ﹤0.01% |
3,467
-22,335
| -87% | -$1.39M |
|
2848
CTS Corp
CTS
$1.79B
| $271K | ﹤0.01% |
6,126
+226
| +4% | +$9.11K |
|
2849
PUT
Canadian Solar
CSIQ
$1.04B
| $270K | ﹤0.01% |
10,200
| – | – |
|
2850
Oaktree Specialty Lending
OCSL
$1.15B
| $270K | ﹤0.01% |
+13,011
| New | +$257K |
|
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 501 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 501 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.