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 | |
|---|---|---|---|---|---|---|---|
|
TEAD
3101
Teads Holding Co
TEAD
$52.8M
| $129K | ﹤0.01% |
29,314
+1,541
| +6% | +$6.99K |
2022 Q3
2 quarters
|
|
|
ACP
3102
abrdn Income Credit Strategies Fund
ACP
$555M
| $129K | ﹤0.01% |
+18,504
| New | +$138K |
2023 Q1
0 quarters
|
|
|
IGD
3103
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$486M
| $128K | ﹤0.01% |
22,027
-536
| -2% | -$2.84K |
2022 Q2
3 quarters
|
|
3104
Innoviva
INVA
$1.48B
| $128K | ﹤0.01% |
11,358
+5,216
| +85% | +$63.3K |
2022 Q4
1 quarter
|
|
3105
Invesco Pharmaceuticals ETF
PJP
$543M
| $128K | ﹤0.01% |
1,689
-120
| -7% | -$9.25K |
2013 Q2
39 quarters
|
|
3106
WisdomTree
WT
$3.64B
| $128K | ﹤0.01% |
21,826
+6,191
| +40% | +$36.1K |
2013 Q2
39 quarters
|
|
|
PROF
3107
Profound Medical
PROF
$214M
| $127K | ﹤0.01% |
12,437
-22,354
| -64% | -$259K |
2019 Q4
13 quarters
|
|
3108
iShares US Treasury Bond ETF
GOVT
$41.3B
| $126K | ﹤0.01% |
5,404
-5,595
| -51% | -$129K |
2017 Q4
21 quarters
|
|
|
ZUO
3109
DELISTED
Zuora, Inc.
ZUO
| $126K | ﹤0.01% |
+12,771
| New | +$107K |
2023 Q1
0 quarters
|
|
3110
8x8 Inc
EGHT
$334M
| $126K | ﹤0.01% |
30,081
-4,845
| -14% | -$24.2K |
2013 Q2
39 quarters
|
|
3111
Avantis US Small Cap Value ETF
AVUV
$30.6B
| $126K | ﹤0.01% |
+1,696
| New | +$133K |
2023 Q1
0 quarters
|
|
|
SFIX
3112
Stitch Fix
SFIX
$347M
| $125K | ﹤0.01% |
23,597
+2,909
| +14% | +$13.6K |
2022 Q4
1 quarter
|
|
3113
Invesco S&P 500 Equal Weight Industrials ETF
RSPN
$730M
| $125K | ﹤0.01% |
3,325
| – | – |
2019 Q2
15 quarters
|
|
3114
SP Funds S&P 500 Sharia ETF
SPUS
$3.25B
| $125K | ﹤0.01% |
4,300
| – | – |
2022 Q4
1 quarter
|
|
3115
Novavax
NVAX
$1.75B
| $124K | ﹤0.01% |
+17,718
| New | +$163K |
2023 Q1
0 quarters
|
|
3116
Brown-Forman Class A
BF.A
$12.2B
| $124K | ﹤0.01% |
1,870
+749
| +67% | +$48.7K |
2017 Q2
23 quarters
|
|
|
ATIP
3117
DELISTED
ATI Physical Therapy, Inc.
ATIP
| $124K | ﹤0.01% |
9,088
+1,068
| +13% | +$19.4K |
2021 Q4
5 quarters
|
|
3118
Fidelity MSCI Information Technology Index ETF
FTEC
$22.3B
| $124K | ﹤0.01% |
1,086
+100
| +10% | +$10.5K |
2020 Q2
11 quarters
|
|
|
BBBY
3119
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $123K | ﹤0.01% |
245,300
-132,200
| -35% | -$272K |
2022 Q1
4 quarters
|
|
3120
Invesco MSCI Sustainable Future ETF
ERTH
$122M
| $123K | ﹤0.01% |
2,490
+790
| +46% | +$39.4K |
2017 Q1
24 quarters
|
|
|
RMT
3121
Royce Micro-Cap Trust
RMT
$727M
| $122K | ﹤0.01% |
+12,707
| New | +$116K |
2023 Q1
0 quarters
|
|
|
BRAG
3122
Bragg Gaming Group
BRAG
$36M
| $120K | ﹤0.01% |
33,446
| – | – |
2021 Q3
6 quarters
|
|
3123
Global X Copper Miners ETF NEW
COPX
$7.14B
| $120K | ﹤0.01% |
3,077
+802
| +35% | +$31K |
2021 Q2
7 quarters
|
|
3124
Innovator US Equity Power Buffer ETF August
PAUG
$1.04B
| $120K | ﹤0.01% |
4,050
| – | – |
2020 Q3
10 quarters
|
|
|
ARR
3125
Armour Residential REIT
ARR
$1.95B
| $119K | ﹤0.01% |
4,549
+1,543
| +51% | +$43.6K |
2019 Q2
15 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.