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 |
Royal Bank of Canada
RY
|
+$1.05B |
| 2 |
TC Energy
TRP
|
+$688M |
| 3 |
Toronto Dominion Bank
TD
|
+$601M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 5 |
Broadcom
AVGO
|
+$532M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advanced Micro Devices
AMD
|
+$324M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$240M |
| 3 |
NVIDIA
NVDA
|
+$232M |
| 4 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$220M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.73% |
| 2 | Consumer Discretionary | 17.33% |
| 3 | Financials | 14.55% |
| 4 | Technology | 12.7% |
| 5 | Miscellaneous | 12.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2851
Goldman Sachs Innovate Equity ETF
GINN
$194M
| $250K | ﹤0.01% |
5,025
-3,164
| -39% | -$155K |
2023 Q2
1 quarter
|
|
2852
Invesco Trust for Investment Grade New York Municipals
VTN
$140M
| $249K | ﹤0.01% |
21,811
+1,209
| +6% | +$11.9K |
2022 Q4
3 quarters
|
|
2853
CALL
COPT Defense Properties
CDP
$3.77B
| $249K | ﹤0.01% |
+10,000
| New | +$253K |
2023 Q3
0 quarters
|
|
|
VSTO
2854
DELISTED
Vista Outdoor Inc.
VSTO
| $248K | ﹤0.01% |
8,403
-43,591
| -84% | -$1.29M |
2015 Q2
33 quarters
|
|
|
NBH
2855
Neuberger Municipal Fund Inc
NBH
$269M
| $248K | ﹤0.01% |
21,393
+1,226
| +6% | +$12.3K |
2022 Q4
3 quarters
|
|
2856
Invesco BuyBack Achievers ETF
PKW
$1.69B
| $247K | ﹤0.01% |
2,650
-14,018
| -84% | -$1.29M |
2013 Q2
41 quarters
|
|
2857
Northwest Bancshares
NWBI
$2.2B
| $247K | ﹤0.01% |
23,002
+714
| +3% | +$7.96K |
2013 Q2
41 quarters
|
|
2858
Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
$128M
| $247K | ﹤0.01% |
8,400
| – | – |
2021 Q2
9 quarters
|
|
2859
Resideo Technologies
REZI
$2.76B
| $246K | ﹤0.01% |
15,354
-422
| -3% | -$7.1K |
2019 Q1
18 quarters
|
|
2860
Outfront Media
OUT
$4.94B
| $246K | ﹤0.01% |
23,135
+5,137
| +29% | +$64.2K |
2022 Q3
4 quarters
|
|
2861
Procore
PCOR
$7.85B
| $246K | ﹤0.01% |
3,629
-390
| -10% | -$26.1K |
2023 Q1
2 quarters
|
|
|
PLAO
2862
DELISTED
Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares
PLAO
| $246K | ﹤0.01% |
22,440
| – | – |
2023 Q1
2 quarters
|
|
2863
UNIFI
UFI
$121M
| $246K | ﹤0.01% |
+34,432
| New | +$256K |
2023 Q3
0 quarters
|
|
|
AGGM
2864
iShares 1-10 Year U.S. Aggregate Bond ETF
AGGM
$114M
| $244K | ﹤0.01% |
2,400
| – | – |
2021 Q2
9 quarters
|
|
2865
James Hardie Industries
JHX
$14.6B
| $244K | ﹤0.01% |
8,034
+279
| +4% | +$7.88K |
2023 Q2
1 quarter
|
|
|
ARI
2866
PUT
Apollo Commercial Real Estate
ARI
$807M
| $244K | ﹤0.01% |
22,100
-2,300
| -9% | -$25K |
2023 Q1
2 quarters
|
|
|
XHYE
2867
DELISTED
BondBloxx USD High Yield Bond Energy Sector ETF
XHYE
| $243K | ﹤0.01% |
+6,400
| New | +$242K |
2023 Q3
0 quarters
|
|
2868
Cheesecake Factory
CAKE
$5.37B
| $243K | ﹤0.01% |
7,942
-235
| -3% | -$7.83K |
2013 Q2
41 quarters
|
|
2869
LGI Homes
LGIH
$1.11B
| $241K | ﹤0.01% |
2,007
-97
| -5% | -$12K |
2022 Q4
3 quarters
|
|
|
MGIC
2870
DELISTED
Magic Software Enterprises
MGIC
| $240K | ﹤0.01% |
20,000
-129,508
| -87% | -$1.58M |
2022 Q3
4 quarters
|
|
|
JGGC
2871
DELISTED
Jaguar Global Growth Corporation I Class A Ordinary Shares
JGGC
| $240K | ﹤0.01% |
22,385
-103,043
| -82% | -$1.06M |
2023 Q2
1 quarter
|
|
2872
Vanguard Tax-Exempt Bond Index Fund
VTEB
$44.5B
| $240K | ﹤0.01% |
4,889
-862
| -15% | -$42.7K |
2022 Q3
4 quarters
|
|
2873
Innovator International Developed Power Buffer ETF July
IJUL
$249M
| $240K | ﹤0.01% |
+9,200
| New | +$239K |
2023 Q3
0 quarters
|
|
2874
Weis Markets
WMK
$1.8B
| $240K | ﹤0.01% |
3,616
| – | – |
2015 Q4
31 quarters
|
|
2875
Cracker Barrel
CBRL
$1.16B
| $239K | ﹤0.01% |
2,679
+187
| +8% | +$15.7K |
2013 Q2
41 quarters
|
|
Similar funds
Bank of Montreal's Q3 2023 Portfolio in Review
As of Q3 2023, Bank of Montreal held 4,441 positions worth $289B, down 0.13% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q3 2023 filing shows 494 new, 1,385 increased, 1,477 reduced and 672 closed positions. Its largest new stake was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M. The largest sale was Advanced Micro Devices, an estimated $324M.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Bank of Montreal's largest Q3 2023 buy was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2023, an estimated $1.05B increase.
- Bank of Montreal's biggest Q3 2023 reduction was Advanced Micro Devices, cutting an estimated $324M.
- Bank of Montreal fully exited PG&E Corporation in Q3 2023, selling an estimated $48M.
- Bank of Montreal's ten largest holdings make up 51% of its $289B portfolio in Q3 2023.
- Bank of Montreal opened 494 new positions and closed 672 in Q3 2023.
- Bank of Montreal's portfolio value fell 0.13% quarter-over-quarter to $289B.
Based on Bank of Montreal's 13F filing for Q3 2023, filed 1 Nov 2023.