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 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2951
Sunstone Hotel Investors
SHO
$2.05B
| $230K | ﹤0.01% |
20,827
+1,685
| +9% | +$16.6K |
|
2952
dLocal
DLO
$4.28B
| $229K | ﹤0.01% |
+12,700
| New | +$227K |
|
2953
Banc of California
BANC
$3.13B
| $229K | ﹤0.01% |
+16,503
| New | +$204K |
|
2954
OSI Systems
OSIS
$3.74B
| $228K | ﹤0.01% |
+1,728
| New | +$206K |
|
2955
Vanguard ESG International Stock ETF
VSGX
$6.84B
| $228K | ﹤0.01% |
4,114
+296
| +8% | +$15.3K |
|
2956
PUT
B2Gold
BTG
$6.84B
| $228K | ﹤0.01% |
70,000
| – | – |
|
2957
Hawaiian Electric Industries
HE
$2.05B
| $228K | ﹤0.01% |
15,852
-13,448
| -46% | -$175K |
|
2958
Photronics
PLAB
$1.98B
| $227K | ﹤0.01% |
+6,977
| New | +$155K |
|
2959
CVR Partners
UAN
$1.26B
| $227K | ﹤0.01% |
3,211
| – | – |
|
2960
Kennametal
KMT
$2.36B
| $227K | ﹤0.01% |
8,652
+399
| +5% | +$9.62K |
|
2961
Global X Silver Miners ETF NEW
SIL
$4.83B
| $227K | ﹤0.01% |
7,723
-88,476
| -92% | -$2.27M |
|
2962
Oxford Industries
OXM
$540M
| $227K | ﹤0.01% |
2,196
+112
| +5% | +$10.4K |
|
2963
Xerox
XRX
$407M
| $226K | ﹤0.01% |
12,137
-347
| -3% | -$5.13K |
|
2964
RadNet
RDNT
$6.05B
| $226K | ﹤0.01% |
+6,287
| New | +$198K |
|
2965
Protolabs
PRLB
$2.2B
| $225K | ﹤0.01% |
5,611
-2,786
| -33% | -$90.2K |
|
2966
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.8B
| $225K | ﹤0.01% |
7,702
-6,376
| -45% | -$170K |
|
2967
First Bancorp
FBNC
$2.75B
| $225K | ﹤0.01% |
+5,909
| New | +$186K |
|
|
HFSI
2968
Hartford Strategic Income ETF
HFSI
$1.09B
| $225K | ﹤0.01% |
6,568
+2,286
| +53% | +$74.8K |
|
|
ACH
2969
Accendra Health
ACH
$82.3M
| $225K | ﹤0.01% |
11,206
-25,165
| -69% | -$456K |
|
2970
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.88B
| $225K | ﹤0.01% |
+1,903
| New | +$205K |
|
2971
OFG Bancorp
OFG
$2.27B
| $225K | ﹤0.01% |
+5,868
| New | +$193K |
|
2972
Atlas Lithium Corp
ATLX
$95.6M
| $224K | ﹤0.01% |
+6,700
| New | +$174K |
|
2973
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.7B
| $224K | ﹤0.01% |
6,307
-294,446
| -98% | -$10M |
|
2974
Duluth Holdings
DLTH
$152M
| $223K | ﹤0.01% |
+38,900
| New | +$203K |
|
2975
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.17B
| $222K | ﹤0.01% |
+3,265
| New | +$203K |
|
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 501 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 501 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.