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 | |
|---|---|---|---|---|---|---|---|
2951
Petrobras Class A
PBR.A
$123B
| $197K | ﹤0.01% |
20,720
+5,636
| +37% | +$54.4K |
2021 Q1
8 quarters
|
|
2952
iShares US Regional Banks ETF
IAT
$606M
| $197K | ﹤0.01% |
5,495
-90
| -2% | -$4.21K |
2014 Q2
35 quarters
|
|
2953
ImmunityBio
IBRX
$9.84B
| $196K | ﹤0.01% |
101,469
+3,508
| +4% | +$10.9K |
2022 Q3
2 quarters
|
|
2954
Liberty Global Class A
LBTYA
$3.04B
| $196K | ﹤0.01% |
10,027
-1,200
| -11% | -$24.4K |
2013 Q2
39 quarters
|
|
2955
Xtrackers MSCI All World ex US Hedged Equity ETF
DBAW
$327M
| $195K | ﹤0.01% |
+6,696
| New | +$192K |
2023 Q1
0 quarters
|
|
2956
Mizuho Financial
MFG
$130B
| $194K | ﹤0.01% |
68,591
+6,602
| +11% | +$20.2K |
2013 Q2
39 quarters
|
|
|
SCS
2957
DELISTED
Steelcase
SCS
| $193K | ﹤0.01% |
22,071
+4,352
| +25% | +$33.4K |
2013 Q2
39 quarters
|
|
|
PMT
2958
PennyMac Mortgage Investment
PMT
$677M
| $193K | ﹤0.01% |
15,638
+5,152
| +49% | +$69.3K |
2022 Q4
1 quarter
|
|
2959
Virtu Financial
VIRT
$4.91B
| $192K | ﹤0.01% |
+10,179
| New | +$196K |
2023 Q1
0 quarters
|
|
2960
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.69B
| $191K | ﹤0.01% |
4,170
+114
| +3% | +$5.23K |
2013 Q2
39 quarters
|
|
2961
Invesco Global Water ETF
PIO
$259M
| $191K | ﹤0.01% |
5,451
| – | – |
2021 Q2
7 quarters
|
|
|
IGTA
2962
DELISTED
Inception Growth Acquisition Limited Common Stock
IGTA
| $191K | ﹤0.01% |
+18,699
| New | +$191K |
2023 Q1
0 quarters
|
|
|
WW
2963
DELISTED
WW International
WW
| $191K | ﹤0.01% |
+43,038
| New | +$188K |
2023 Q1
0 quarters
|
|
|
ORIO
2964
Orion Digital Corp
ORIO
$25.9M
| $190K | ﹤0.01% |
93,240
+77,548
| +494% | +$164K |
2018 Q2
19 quarters
|
|
2965
US Global Investors
GROW
$35.3M
| $190K | ﹤0.01% |
+71,174
| New | +$205K |
2023 Q1
0 quarters
|
|
|
JWAC
2966
DELISTED
Jupiter Wellness Acquisition Corp. Class A Common Stock
JWAC
| $190K | ﹤0.01% |
17,763
+1,342
| +8% | +$13.9K |
2022 Q2
3 quarters
|
|
|
MDRX
2967
DELISTED
Veradigm Inc. Common Stock
MDRX
| $190K | ﹤0.01% |
14,529
-732
| -5% | -$11.9K |
2013 Q2
39 quarters
|
|
2968
Fidelity Total Bond ETF
FBND
$27.9B
| $189K | ﹤0.01% |
4,115
-38
| -0.9% | -$1.74K |
2019 Q2
15 quarters
|
|
2969
Photronics
PLAB
$1.82B
| $189K | ﹤0.01% |
+10,775
| New | +$190K |
2023 Q1
0 quarters
|
|
|
NEX
2970
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $188K | ﹤0.01% |
+23,249
| New | +$208K |
2023 Q1
0 quarters
|
|
|
2971
PUT
ImmunityBio
IBRX
$9.84B
| $188K | ﹤0.01% |
97,500
| – | – |
2022 Q3
2 quarters
|
|
2972
Gran Tierra Energy
GTE
$354M
| $188K | ﹤0.01% |
21,026
-12,177
| -37% | -$105K |
2013 Q2
39 quarters
|
|
2973
Global Net Lease
GNL
$1.91B
| $188K | ﹤0.01% |
14,614
+3,089
| +27% | +$42.4K |
2017 Q2
23 quarters
|
|
2974
Talos Energy
TALO
$2.78B
| $188K | ﹤0.01% |
10,807
-167,561
| -94% | -$2.89M |
2018 Q2
19 quarters
|
|
|
WNDY
2975
DELISTED
Global X Wind Energy ETF
WNDY
| $188K | ﹤0.01% |
+10,500
| New | +$190K |
2023 Q1
0 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.