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 | |
|---|---|---|---|---|---|---|---|
2926
VanEck Commodity Strategy ETF
PIT
$448M
| $239K | ﹤0.01% |
4,731
+1,462
| +45% | +$73.9K |
2023 Q3
1 quarter
|
|
|
GTY
2927
Getty Realty Corp
GTY
$1.72B
| $238K | ﹤0.01% |
7,927
+483
| +6% | +$13.7K |
2022 Q3
5 quarters
|
|
2928
New Mountain Finance
NMFC
$664M
| $238K | ﹤0.01% |
+18,305
| New | +$233K |
2023 Q4
0 quarters
|
|
2929
INVE Technologies, Inc. Common Stock
INVE
$57.9M
| $237K | ﹤0.01% |
+28,200
| New | +$199K |
2023 Q4
0 quarters
|
|
2930
Safety Insurance
SAFT
$1.52B
| $235K | ﹤0.01% |
+3,047
| New | +$230K |
2023 Q4
0 quarters
|
|
2931
Hope Bancorp
HOPE
$1.72B
| $235K | ﹤0.01% |
18,897
-27
| -0.1% | -$268 |
2013 Q2
42 quarters
|
|
|
DNB
2932
DELISTED
Dun & Bradstreet
DNB
| $234K | ﹤0.01% |
19,782
-4,606
| -19% | -$46.9K |
2023 Q2
2 quarters
|
|
2933
iShares US Energy ETF
IYE
$1.68B
| $234K | ﹤0.01% |
5,190
-1,320
| -20% | -$59.3K |
2013 Q2
42 quarters
|
|
2934
Agilysys
AGYS
$2.83B
| $234K | ﹤0.01% |
+2,674
| New | +$217K |
2023 Q4
0 quarters
|
|
|
PDM
2935
Piedmont Realty Trust
PDM
$1.1B
| $234K | ﹤0.01% |
+31,910
| New | +$193K |
2023 Q4
0 quarters
|
|
|
WINC
2936
DELISTED
Western Asset Short Duration Income ETF
WINC
| $233K | ﹤0.01% |
+9,750
| New | +$229K |
2023 Q4
0 quarters
|
|
2937
iShares Core S&P US Value ETF
IUSV
$27B
| $233K | ﹤0.01% |
2,750
+189
| +7% | +$14.7K |
2021 Q1
11 quarters
|
|
2938
CRISPR Therapeutics
CRSP
$5.36B
| $233K | ﹤0.01% |
3,400
-1,837
| -35% | -$102K |
2023 Q2
2 quarters
|
|
2939
Kratos Defense & Security Solutions
KTOS
$8.04B
| $232K | ﹤0.01% |
+11,240
| New | +$207K |
2023 Q4
0 quarters
|
|
2940
State Street Multi-Asset Real Return ETF
RLY
$1.38B
| $232K | ﹤0.01% |
8,474
| – | – |
2022 Q1
7 quarters
|
|
2941
PJT Partners
PJT
$3.59B
| $232K | ﹤0.01% |
+2,234
| New | +$192K |
2023 Q4
0 quarters
|
|
2942
Natera
NTRA
$58.9B
| $232K | ﹤0.01% |
3,699
-1,636
| -31% | -$81.7K |
2019 Q2
18 quarters
|
|
2943
Invesco Biotechnology & Genome ETF
PBE
$415M
| $231K | ﹤0.01% |
3,465
| – | – |
2021 Q2
10 quarters
|
|
|
EMFM
2944
DELISTED
Global X MSCI Next Emerging & Frontier ETF
EMFM
| $231K | ﹤0.01% |
+12,152
| New | +$219K |
2023 Q4
0 quarters
|
|
2945
Global X Copper Miners ETF NEW
COPX
$7.14B
| $231K | ﹤0.01% |
5,937
-33,573
| -85% | -$1.17M |
2021 Q2
10 quarters
|
|
2946
ReNew
RNW
$2.49B
| $230K | ﹤0.01% |
29,910
+4,300
| +17% | +$26.5K |
2021 Q4
8 quarters
|
|
2947
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$6.18B
| $230K | ﹤0.01% |
7,000
+500
| +8% | +$14.7K |
2015 Q2
34 quarters
|
|
2948
AMC Entertainment Holdings
AMC
$2.46B
| $230K | ﹤0.01% |
36,689
+5,663
| +18% | +$46K |
2014 Q2
38 quarters
|
|
2949
Calix
CALX
$2.2B
| $230K | ﹤0.01% |
5,226
-13,606
| -72% | -$544K |
2022 Q3
5 quarters
|
|
2950
Brinker International
EAT
$8.14B
| $230K | ﹤0.01% |
+5,213
| New | +$187K |
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.