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 | |
|---|---|---|---|---|---|---|---|
2876
Energy Recovery
ERII
$342M
| $224K | ﹤0.01% |
+9,696
| New | +$213K |
2023 Q1
0 quarters
|
|
|
KMET
2877
DELISTED
KraneShares Electrification Metals Strategy ETF
KMET
| $223K | ﹤0.01% |
+8,442
| New | +$229K |
2023 Q1
0 quarters
|
|
2878
Casella Waste Systems
CWST
$4.97B
| $223K | ﹤0.01% |
+2,693
| New | +$213K |
2023 Q1
0 quarters
|
|
2879
PRA Group
PRAA
$710M
| $223K | ﹤0.01% |
+5,604
| New | +$220K |
2023 Q1
0 quarters
|
|
2880
Urban Outfitters
URBN
$6.75B
| $222K | ﹤0.01% |
+8,000
| New | +$215K |
2023 Q1
0 quarters
|
|
|
NVTA
2881
PUT
DELISTED
Invitae Corporation
NVTA
| $221K | ﹤0.01% |
+159,100
| New | +$313K |
2023 Q1
0 quarters
|
|
2882
Sprout Social
SPT
$629M
| $220K | ﹤0.01% |
+3,611
| New | +$221K |
2023 Q1
0 quarters
|
|
2883
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.3B
| $220K | ﹤0.01% |
2,095
+1,482
| +242% | +$151K |
2021 Q1
8 quarters
|
|
|
HSKA
2884
DELISTED
Heska Corp
HSKA
| $220K | ﹤0.01% |
+2,230
| New | +$187K |
2023 Q1
0 quarters
|
|
2885
Conduent
CNDT
$255M
| $219K | ﹤0.01% |
63,684
-7,473
| -11% | -$30.7K |
2017 Q1
24 quarters
|
|
2886
iShares S&P GSCI Commodity-Indexed Trust
GSG
$1.04B
| $219K | ﹤0.01% |
+10,736
| New | +$218K |
2023 Q1
0 quarters
|
|
2887
MasterBrand
MBC
$1.43B
| $218K | ﹤0.01% |
27,171
-215,780
| -89% | -$1.9M |
2022 Q4
1 quarter
|
|
2888
Kodak
KODK
$964M
| $218K | ﹤0.01% |
52,468
+39,468
| +304% | +$142K |
2021 Q4
5 quarters
|
|
2889
Apple Hospitality REIT
APLE
$3.86B
| $218K | ﹤0.01% |
+14,046
| New | +$230K |
2023 Q1
0 quarters
|
|
2890
Enovis
ENOV
$1.04B
| $218K | ﹤0.01% |
4,076
+43
| +1% | +$2.49K |
2022 Q4
1 quarter
|
|
|
ARI
2891
Apollo Commercial Real Estate
ARI
$807M
| $218K | ﹤0.01% |
23,422
+3,627
| +18% | +$40.1K |
2013 Q2
39 quarters
|
|
2892
CBIZ
CBZ
$3.01B
| $218K | ﹤0.01% |
+4,400
| New | +$212K |
2023 Q1
0 quarters
|
|
2893
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.5B
| $218K | ﹤0.01% |
2,730
| – | – |
2013 Q2
39 quarters
|
|
2894
Radware
RDWR
$1.27B
| $217K | ﹤0.01% |
10,070
-1,072
| -10% | -$22.4K |
2022 Q3
2 quarters
|
|
|
BKN
2895
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $217K | ﹤0.01% |
16,468
-1,080
| -6% | -$13.1K |
2022 Q4
1 quarter
|
|
2896
First Trust Health Care AlphaDEX Fund
FXH
$1.13B
| $217K | ﹤0.01% |
2,017
-17,368
| -90% | -$1.89M |
2014 Q3
34 quarters
|
|
2897
Monarch Casino & Resort
MCRI
$2.08B
| $217K | ﹤0.01% |
+2,921
| New | +$222K |
2023 Q1
0 quarters
|
|
2898
Deluxe
DLX
$1.05B
| $217K | ﹤0.01% |
13,492
-2,142
| -14% | -$39.1K |
2022 Q4
1 quarter
|
|
2899
Bright Horizons
BFAM
$3.15B
| $216K | ﹤0.01% |
+2,799
| New | +$215K |
2023 Q1
0 quarters
|
|
2900
Shinhan Financial Group
SHG
$36B
| $215K | ﹤0.01% |
7,806
-7,570
| -49% | -$231K |
2022 Q3
2 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.