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 | |
|---|---|---|---|---|---|---|---|
|
ARR
3001
Armour Residential REIT
ARR
$1.95B
| $216K | ﹤0.01% |
10,919
+5,516
| +102% | +$97.3K |
2019 Q2
18 quarters
|
|
|
HBI
3002
PUT
DELISTED
Hanesbrands
HBI
| $216K | ﹤0.01% |
48,400
| – | – |
2023 Q1
3 quarters
|
|
3003
ACV Auctions
ACVA
$1.77B
| $215K | ﹤0.01% |
+13,833
| New | +$203K |
2023 Q4
0 quarters
|
|
|
SPWR
3004
DELISTED
SunPower Corporation Common Stock
SPWR
| $215K | ﹤0.01% |
43,606
+5,360
| +14% | +$25.6K |
2013 Q2
42 quarters
|
|
|
EMET
3005
VanEck Copper and Electrification Metals ETF
EMET
$34.5M
| $214K | ﹤0.01% |
8,809
+571
| +7% | +$13.2K |
2023 Q1
3 quarters
|
|
3006
Andersons Inc
ANDE
$2.23B
| $214K | ﹤0.01% |
+3,656
| New | +$190K |
2023 Q4
0 quarters
|
|
3007
Cibus
CBUS
$125M
| $214K | ﹤0.01% |
+10,100
| New | +$150K |
2023 Q4
0 quarters
|
|
3008
Rocket Companies
RKT
$33.9B
| $214K | ﹤0.01% |
+14,226
| New | +$136K |
2023 Q4
0 quarters
|
|
3009
Triumph Financial Inc
TFIN
$1.46B
| $214K | ﹤0.01% |
+2,630
| New | +$178K |
2023 Q4
0 quarters
|
|
3010
iShares Convertible Bond ETF
ICVT
$8.02B
| $214K | ﹤0.01% |
+2,709
| New | +$201K |
2023 Q4
0 quarters
|
|
3011
Avantis US Small Cap Value ETF
AVUV
$30.6B
| $213K | ﹤0.01% |
2,348
+206
| +10% | +$16.5K |
2023 Q1
3 quarters
|
|
3012
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.95B
| $213K | ﹤0.01% |
+1,206
| New | +$188K |
2023 Q4
0 quarters
|
|
3013
Banner Corp
BANR
$2.47B
| $213K | ﹤0.01% |
+3,830
| New | +$176K |
2023 Q4
0 quarters
|
|
3014
United Natural Foods
UNFI
$2.7B
| $213K | ﹤0.01% |
12,844
-7,268
| -36% | -$111K |
2013 Q2
42 quarters
|
|
3015
WaFd
WAFD
$2.22B
| $213K | ﹤0.01% |
+6,357
| New | +$176K |
2023 Q4
0 quarters
|
|
3016
Procure Space ETF
UFO
$531M
| $213K | ﹤0.01% |
11,376
+3,432
| +43% | +$56.3K |
2023 Q2
2 quarters
|
|
|
VMCA
3017
DELISTED
Valuence Merger Corp. I Class A Ordinary Shares
VMCA
| $212K | ﹤0.01% |
18,946
-4,648
| -20% | -$51.6K |
2023 Q3
1 quarter
|
|
3018
Invesco S&P 500 GARP ETF
SPGP
$2.09B
| $211K | ﹤0.01% |
2,129
+2,029
| +2,029% | +$188K |
2023 Q3
1 quarter
|
|
|
EMCG
3019
DELISTED
Embrace Change Acquisition Corp
EMCG
| $211K | ﹤0.01% |
+19,234
| New | +$209K |
2023 Q4
0 quarters
|
|
3020
Supernus Pharmaceuticals
SUPN
$2.46B
| $210K | ﹤0.01% |
7,091
-20,342
| -74% | -$539K |
2015 Q2
34 quarters
|
|
3021
Aspen Aerogels
ASPN
$461M
| $210K | ﹤0.01% |
13,055
+140
| +1% | +$1.45K |
2023 Q2
2 quarters
|
|
3022
iShares MSCI South Korea ETF
EWY
$26.7B
| $210K | ﹤0.01% |
3,175
-100
| -3% | -$6.08K |
2023 Q1
3 quarters
|
|
3023
Jack in the Box
JACK
$243M
| $209K | ﹤0.01% |
+2,519
| New | +$178K |
2023 Q4
0 quarters
|
|
3024
iShares Expanded Tech-Software Sector ETF
IGV
$14.2B
| $209K | ﹤0.01% |
+2,555
| New | +$189K |
2023 Q4
0 quarters
|
|
|
MGIC
3025
DELISTED
Magic Software Enterprises
MGIC
| $209K | ﹤0.01% |
20,000
| – | – |
2022 Q3
5 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.