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 | |
|---|---|---|---|---|---|---|---|
3026
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.73B
| $163K | ﹤0.01% |
3,956
-850
| -18% | -$33.3K |
2013 Q2
39 quarters
|
|
3027
Lightwave Logic
LWLG
$839M
| $162K | ﹤0.01% |
30,973
+4,673
| +18% | +$26.1K |
2022 Q2
3 quarters
|
|
|
FLFR
3028
DELISTED
Franklin FTSE France ETF
FLFR
| $161K | ﹤0.01% |
5,268
+2,525
| +92% | +$73.8K |
2022 Q4
1 quarter
|
|
3029
Pacific Biosciences
PACB
$780M
| $161K | ﹤0.01% |
+13,842
| New | +$138K |
2023 Q1
0 quarters
|
|
|
DRTT
3030
DELISTED
DIRTT Environmental Solutions Ltd. Common Shares
DRTT
| $160K | ﹤0.01% |
240,062
+62
| +0% | +$38 |
2019 Q4
13 quarters
|
|
3031
AdvisorShares Pure US Cannabis ETF
MSOS
$906M
| $160K | ﹤0.01% |
27,291
+14,795
| +118% | +$97.9K |
2020 Q4
9 quarters
|
|
3032
CoreCivic
CXW
$3.21B
| $160K | ﹤0.01% |
15,490
-1,916
| -11% | -$19.7K |
2013 Q2
39 quarters
|
|
3033
Capitol Federal Financial
CFFN
$1.04B
| $159K | ﹤0.01% |
21,883
+8,821
| +68% | +$71.7K |
2019 Q2
15 quarters
|
|
3034
RLJ Lodging Trust
RLJ
$1.68B
| $158K | ﹤0.01% |
+14,937
| New | +$168K |
2023 Q1
0 quarters
|
|
|
VMGA
3035
DELISTED
VMG Consumer Acquisition Corp. Class A Common Stock
VMGA
| $158K | ﹤0.01% |
15,254
| – | – |
2022 Q3
2 quarters
|
|
|
SWN
3036
CALL
DELISTED
Southwestern Energy Company
SWN
| $156K | ﹤0.01% |
+30,000
| New | +$159K |
2023 Q1
0 quarters
|
|
|
EVOJ
3037
DELISTED
Evo Acquisition Corp. Class A Common Stock
EVOJ
| $156K | ﹤0.01% |
+14,755
| New | +$149K |
2023 Q1
0 quarters
|
|
|
TGB
3038
Trekor Metals
TGB
$3.04B
| $155K | ﹤0.01% |
92,963
| – | – |
2013 Q2
39 quarters
|
|
3039
Alight
ALIT
$239M
| $155K | ﹤0.01% |
+842
| New | +$155K |
2023 Q1
0 quarters
|
|
3040
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$421M
| $155K | ﹤0.01% |
4,540
+4,440
| +4,440% | +$149K |
2014 Q2
35 quarters
|
|
3041
Upwork
UPWK
$1.04B
| $154K | ﹤0.01% |
+13,157
| New | +$157K |
2023 Q1
0 quarters
|
|
3042
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$526M
| $153K | ﹤0.01% |
3,000
| – | – |
2013 Q2
39 quarters
|
|
3043
CALL
General Motors
GM
$69.6B
| $153K | ﹤0.01% |
4,000
-246,000
| -98% | -$9.3M |
2022 Q1
4 quarters
|
|
3044
BlackRock Enhanced International Dividend Trust
BGY
$507M
| $153K | ﹤0.01% |
24,737
-10,619
| -30% | -$56.9K |
2019 Q2
15 quarters
|
|
3045
Matrix Service
MTRX
$296M
| $152K | ﹤0.01% |
28,000
-34,900
| -55% | -$242K |
2022 Q4
1 quarter
|
|
3046
Amplitude
AMPL
$1.79B
| $152K | ﹤0.01% |
+10,961
| New | +$146K |
2023 Q1
0 quarters
|
|
3047
SiriusPoint
SPNT
$2.84B
| $151K | ﹤0.01% |
18,547
+4,320
| +30% | +$30.4K |
2022 Q3
2 quarters
|
|
3048
Old Second Bancorp
OSBC
$1.25B
| $151K | ﹤0.01% |
+10,482
| New | +$167K |
2023 Q1
0 quarters
|
|
3049
Rithm Capital
RITM
$4.89B
| $150K | ﹤0.01% |
18,798
+597
| +3% | +$5.25K |
2015 Q3
30 quarters
|
|
|
TGI
3050
DELISTED
Triumph Group
TGI
| $150K | ﹤0.01% |
11,582
-58,279
| -83% | -$664K |
2022 Q4
1 quarter
|
|
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.