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 | |
|---|---|---|---|---|---|---|---|
2901
Weis Markets
WMK
$1.8B
| $247K | ﹤0.01% |
3,784
+168
| +5% | +$10.7K |
2015 Q4
32 quarters
|
|
2902
iShares iBonds 2028 Term High Yield and Income ETF
IBHH
$458M
| $246K | ﹤0.01% |
+10,500
| New | +$236K |
2023 Q4
0 quarters
|
|
2903
CALL
Chewy
CHWY
$7.12B
| $246K | ﹤0.01% |
10,000
| – | – |
2023 Q3
1 quarter
|
|
2904
Urban Outfitters
URBN
$6.75B
| $246K | ﹤0.01% |
6,760
+653
| +11% | +$22.7K |
2023 Q1
3 quarters
|
|
2905
Global X Cloud Computing ETF
CLOU
$380M
| $245K | ﹤0.01% |
10,668
| – | – |
2020 Q3
13 quarters
|
|
2906
Hydrofarm Holdings
HYFM
$4.59M
| $245K | ﹤0.01% |
+23,559
| New | +$227K |
2023 Q4
0 quarters
|
|
2907
ARK Genomic Revolution ETF
ARKG
$2.28B
| $245K | ﹤0.01% |
7,147
-1,444
| -17% | -$39.3K |
2018 Q1
23 quarters
|
|
2908
Standex International
SXI
$3.5B
| $245K | ﹤0.01% |
1,510
+104
| +7% | +$15K |
2023 Q1
3 quarters
|
|
|
IBTX
2909
DELISTED
Independent Bank Group, Inc.
IBTX
| $244K | ﹤0.01% |
+4,593
| New | +$186K |
2023 Q4
0 quarters
|
|
2910
Viavi Solutions
VIAV
$11B
| $243K | ﹤0.01% |
24,127
-3,782
| -14% | -$31.8K |
2013 Q2
42 quarters
|
|
2911
PUT
Kimberly-Clark
KMB
$31.4B
| $243K | ﹤0.01% |
2,000
| – | – |
2023 Q3
1 quarter
|
|
2912
Global Net Lease
GNL
$1.91B
| $243K | ﹤0.01% |
24,017
-1,824
| -7% | -$16K |
2017 Q2
26 quarters
|
|
2913
Worthington Steel
WS
$1.85B
| $243K | ﹤0.01% |
+7,662
| New | +$210K |
2023 Q4
0 quarters
|
|
2914
DNP Select Income Fund
DNP
$3.52B
| $242K | ﹤0.01% |
28,509
+6,559
| +30% | +$59.3K |
2013 Q2
42 quarters
|
|
2915
S&T Bancorp
STBA
$1.73B
| $242K | ﹤0.01% |
+7,083
| New | +$203K |
2023 Q4
0 quarters
|
|
2916
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.05B
| $242K | ﹤0.01% |
9,990
| – | – |
2023 Q1
3 quarters
|
|
2917
Vanguard Russell 2000 ETF
VTWO
$16.4B
| $242K | ﹤0.01% |
2,931
-37,342
| -93% | -$2.7M |
2020 Q4
12 quarters
|
|
|
VGR
2918
DELISTED
Vector Group Ltd.
VGR
| $242K | ﹤0.01% |
21,145
+1,130
| +6% | +$12.3K |
2013 Q2
42 quarters
|
|
2919
iShares US Infrastructure ETF
IFRA
$3.99B
| $241K | ﹤0.01% |
5,927
+4,069
| +219% | +$152K |
2020 Q3
13 quarters
|
|
2920
G-III Apparel Group
GIII
$1.18B
| $240K | ﹤0.01% |
+7,063
| New | +$199K |
2023 Q4
0 quarters
|
|
2921
Pacira BioSciences
PCRX
$997M
| $240K | ﹤0.01% |
7,018
+835
| +14% | +$24.4K |
2013 Q2
42 quarters
|
|
2922
NCR Atleos
NATL
$3.33B
| $240K | ﹤0.01% |
+9,806
| New | +$224K |
2023 Q4
0 quarters
|
|
2923
Cohu
COHU
$3.33B
| $240K | ﹤0.01% |
6,585
+348
| +6% | +$11.6K |
2023 Q1
3 quarters
|
|
2924
Angel Oak UltraShort Income ETF
UYLD
$1.41B
| $239K | ﹤0.01% |
+4,743
| New | +$240K |
2023 Q4
0 quarters
|
|
2925
Merchants Bancorp
MBIN
$2.27B
| $239K | ﹤0.01% |
+5,486
| New | +$180K |
2023 Q4
0 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.