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 | |
|---|---|---|---|---|---|---|---|
3076
PUT
Lightwave Logic
LWLG
$839M
| $138K | ﹤0.01% |
26,300
| – | – |
2022 Q2
3 quarters
|
|
3077
Marqeta
MQ
$1.77B
| $137K | ﹤0.01% |
+7,503
| New | +$167K |
2023 Q1
0 quarters
|
|
|
ILLM
3078
DELISTED
illumin Holdings Inc. Common Shares
ILLM
| $137K | ﹤0.01% |
86,587
-2,672,588
| -97% | -$4.47M |
2021 Q2
7 quarters
|
|
|
DM
3079
DELISTED
Desktop Metal, Inc.
DM
| $137K | ﹤0.01% |
5,816
-16,958
| -74% | -$320K |
2021 Q3
6 quarters
|
|
3080
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$4.74B
| $137K | ﹤0.01% |
1,744
-40
| -2% | -$3.02K |
2021 Q2
7 quarters
|
|
3081
ProShares Online Retail ETF
ONLN
$56.3M
| $136K | ﹤0.01% |
3,866
+831
| +27% | +$26.9K |
2021 Q2
7 quarters
|
|
|
FTH
3082
Faeth Therapeutics
FTH
$731M
| $136K | ﹤0.01% |
+4,395
| New | +$130K |
2023 Q1
0 quarters
|
|
|
MTTR
3083
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $136K | ﹤0.01% |
49,340
+35,788
| +264% | +$109K |
2022 Q1
4 quarters
|
|
3084
First Trust US Equity Opportunities ETF
FPX
$1.47B
| $135K | ﹤0.01% |
1,580
-318
| -17% | -$26.3K |
2021 Q2
7 quarters
|
|
|
MITA
3085
DELISTED
Coliseum Acquisition Corp. Class A Ordinary Share
MITA
| $135K | ﹤0.01% |
13,149
-675,154
| -98% | -$6.85M |
2022 Q2
3 quarters
|
|
3086
iShares Core MSCI International Developed Markets ETF
IDEV
$31.8B
| $135K | ﹤0.01% |
2,224
+1,724
| +345% | +$102K |
2021 Q2
7 quarters
|
|
|
JRNY
3087
DELISTED
ALPS Global Travel Beneficiaries ETF
JRNY
| $135K | ﹤0.01% |
+5,755
| New | +$129K |
2023 Q1
0 quarters
|
|
3088
TRX Gold Corp
TRX
$383M
| $133K | ﹤0.01% |
277,500
| – | – |
2014 Q1
36 quarters
|
|
|
DCH
3089
Dauch Corp
DCH
$1.29B
| $133K | ﹤0.01% |
17,026
+5,367
| +46% | +$46.1K |
2013 Q2
39 quarters
|
|
|
PMX
3090
DELISTED
PIMCO Municipal Income Fund III
PMX
| $133K | ﹤0.01% |
+16,000
| New | +$132K |
2023 Q1
0 quarters
|
|
|
NKLA
3091
DELISTED
Nikola Corporation Common Stock
NKLA
| $133K | ﹤0.01% |
806
-5,923
| -88% | -$389K |
2021 Q3
6 quarters
|
|
|
RWT
3092
Redwood Trust
RWT
$458M
| $132K | ﹤0.01% |
19,600
+6,419
| +49% | +$48.1K |
2018 Q2
19 quarters
|
|
|
WCBR
3093
WisdomTree Cybersecurity Fund
WCBR
$173M
| $132K | ﹤0.01% |
7,186
+7,139
| +15,189% | +$121K |
2022 Q4
1 quarter
|
|
|
FBRT
3094
Franklin BSP Realty Trust
FBRT
$537M
| $132K | ﹤0.01% |
+11,059
| New | +$148K |
2023 Q1
0 quarters
|
|
3095
Ramaco Resources Class A
METC
$530M
| $132K | ﹤0.01% |
13,142
-11,383
| -46% | -$107K |
2022 Q3
2 quarters
|
|
3096
Oil States International
OIS
$494M
| $132K | ﹤0.01% |
+15,802
| New | +$134K |
2023 Q1
0 quarters
|
|
|
RTL
3097
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $132K | ﹤0.01% |
20,972
+4,143
| +25% | +$26.9K |
2022 Q4
1 quarter
|
|
3098
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$15.7B
| $131K | ﹤0.01% |
3,469
| – | – |
2021 Q2
7 quarters
|
|
3099
PUT
State Street SPDR S&P Bank ETF
KBE
$1.48B
| $130K | ﹤0.01% |
+3,500
| New | +$157K |
2023 Q1
0 quarters
|
|
3100
CALL
Nutrien
NTR
$33.3B
| $130K | ﹤0.01% |
1,700
-103,000
| -98% | -$7.95M |
2022 Q2
3 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.