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 | Miscellaneous | 12.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2876
Compañía de Minas Buenaventura
BVN
$8B
| $258K | ﹤0.01% |
16,888
-3,971
| -19% | -$38.3K |
2013 Q2
42 quarters
|
|
2877
Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
$128M
| $257K | ﹤0.01% |
8,400
| – | – |
2021 Q2
10 quarters
|
|
|
FLIC
2878
DELISTED
First of Long Island Corp
FLIC
| $256K | ﹤0.01% |
18,613
+166
| +0.9% | +$1.93K |
2023 Q2
2 quarters
|
|
2879
Phreesia
PHR
$643M
| $256K | ﹤0.01% |
+10,724
| New | +$185K |
2023 Q4
0 quarters
|
|
2880
Empire State Realty Trust
ESRT
$715M
| $256K | ﹤0.01% |
25,835
+3,242
| +14% | +$28.1K |
2013 Q4
40 quarters
|
|
2881
PGIM Floating Rate Income ETF
PFRL
$126M
| $255K | ﹤0.01% |
+5,016
| New | +$251K |
2023 Q4
0 quarters
|
|
2882
Tandem Diabetes Care
TNDM
$1.15B
| $255K | ﹤0.01% |
+8,268
| New | +$172K |
2023 Q4
0 quarters
|
|
2883
Sidus Space
SIDU
$180M
| $255K | ﹤0.01% |
+19,178
| New | +$157K |
2023 Q4
0 quarters
|
|
|
TALK
2884
DELISTED
Talkspace
TALK
| $254K | ﹤0.01% |
+99,400
| New | +$201K |
2023 Q4
0 quarters
|
|
|
BBT
2885
Beacon Financial Corp
BBT
$2.36B
| $253K | ﹤0.01% |
9,885
-902
| -8% | -$19.4K |
2018 Q2
22 quarters
|
|
2886
ALPS Dynamic Core Income ETF
RFCI
$13.9M
| $252K | ﹤0.01% |
11,134
+3,305
| +42% | +$71.8K |
2023 Q3
1 quarter
|
|
2887
ePlus
PLUS
$2.42B
| $252K | ﹤0.01% |
+3,106
| New | +$208K |
2023 Q4
0 quarters
|
|
|
SCS
2888
DELISTED
Steelcase
SCS
| $252K | ﹤0.01% |
18,293
| – | – |
2013 Q2
42 quarters
|
|
2889
Fidelity Preferred Securities & Income ETF
FPFD
$78.1M
| $251K | ﹤0.01% |
11,984
+11,397
| +1,942% | +$228K |
2023 Q3
1 quarter
|
|
|
SVC
2890
Service Properties Trust
SVC
$825M
| $251K | ﹤0.01% |
5,797
+311
| +6% | +$11.8K |
2013 Q2
42 quarters
|
|
2891
Innovator International Developed Power Buffer ETF July
IJUL
$249M
| $251K | ﹤0.01% |
9,200
| – | – |
2023 Q3
1 quarter
|
|
2892
Tenable Holdings
TENB
$3.98B
| $249K | ﹤0.01% |
+5,261
| New | +$221K |
2023 Q4
0 quarters
|
|
|
PLAO
2893
DELISTED
Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares
PLAO
| $249K | ﹤0.01% |
22,440
| – | – |
2023 Q1
3 quarters
|
|
2894
United States 12 Month Natural Gas Fund
UNL
$15.2M
| $249K | ﹤0.01% |
+28,640
| New | +$293K |
2023 Q4
0 quarters
|
|
2895
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.69B
| $248K | ﹤0.01% |
3,345
+3,245
| +3,245% | +$215K |
2023 Q1
3 quarters
|
|
2896
ARKO Corp
ARKO
$461M
| $248K | ﹤0.01% |
29,915
+18,667
| +166% | +$143K |
2023 Q3
1 quarter
|
|
|
CMRC
2897
Commerce.com Inc Series 1
CMRC
$268M
| $247K | ﹤0.01% |
24,454
-9,457
| -28% | -$87.9K |
2020 Q3
13 quarters
|
|
2898
Community Health Systems
CYH
$388M
| $247K | ﹤0.01% |
+76,786
| New | +$207K |
2023 Q4
0 quarters
|
|
2899
Lumen
LUMN
$5.77B
| $247K | ﹤0.01% |
133,388
+43,890
| +49% | +$62.2K |
2013 Q2
42 quarters
|
|
2900
Bloomin' Brands
BLMN
$718M
| $247K | ﹤0.01% |
8,660
-4,602
| -35% | -$112K |
2014 Q2
38 quarters
|
|
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 500 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 500 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.