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 |
Apple
AAPL
|
+$738M |
| 2 |
Advanced Micro Devices
AMD
|
+$336M |
| 3 |
Amazon
AMZN
|
+$326M |
| 4 |
NVIDIA
NVDA
|
+$231M |
| 5 |
Royal Bank of Canada
RY
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Enbridge
ENB
|
+$671M |
| 2 |
Tesla
TSLA
|
+$564M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$390M |
| 4 |
Microsoft
MSFT
|
+$281M |
| 5 |
Canadian Natural Resources
CNQ
|
+$247M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.54% |
| 2 | Technology | 15.6% |
| 3 | Communication Services | 8.78% |
| 4 | Industrials | 8.47% |
| 5 | Consumer Discretionary | 7.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3201
Tucows
TCX
$126M
| $161K | ﹤0.01% |
2,007
-1,032
| -34% | -$83.1K |
|
3202
TRX Gold Corp
TRX
$367M
| $160K | ﹤0.01% |
275,000
-2,000
| -0.7% | -$1.39K |
|
3203
The RMR Group
RMR
$346M
| $159K | ﹤0.01% |
3,895
-2,476
| -39% | -$97.7K |
|
|
GTM
3204
ZoomInfo Technologies
GTM
$1.18B
| $159K | ﹤0.01% |
3,311
-20,338
| -86% | -$1.02M |
|
3205
Towne Bank
TOWN
$3.5B
| $158K | ﹤0.01% |
5,260
-8,272
| -61% | -$230K |
|
|
ANAT
3206
DELISTED
American National Group, Inc. Common Stock
ANAT
| $158K | ﹤0.01% |
1,429
+14
| +1% | +$1.36K |
|
3207
Atlantic Union Bankshares
AUB
$6.12B
| $157K | ﹤0.01% |
4,119
-10,429
| -72% | -$385K |
|
|
VRTV
3208
DELISTED
VERITIV CORPORATION
VRTV
| $157K | ﹤0.01% |
3,585
-70
| -2% | -$2.01K |
|
3209
Liquidity Services
LQDT
$1.36B
| $156K | ﹤0.01% |
8,393
-572
| -6% | -$10.4K |
|
3210
Schwab US Mid-Cap ETF
SCHM
$15.4B
| $156K | ﹤0.01% |
6,159
-1,233
| -17% | -$29.9K |
|
3211
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $156K | ﹤0.01% |
557
-350
| -39% | -$98.7K |
|
|
NARI
3212
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $156K | ﹤0.01% |
1,374
-1,612
| -54% | -$167K |
|
3213
Novanta
NOVT
$6.3B
| $155K | ﹤0.01% |
1,136
-4,549
| -80% | -$598K |
|
|
CIM
3214
Chimera Investment
CIM
$988M
| $154K | ﹤0.01% |
4,008
-8,047
| -67% | -$275K |
|
|
CLDT
3215
Chatham Lodging
CLDT
$605M
| $154K | ﹤0.01% |
11,377
-373
| -3% | -$4.74K |
|
3216
Invesco Water Resources ETF
PHO
$2.05B
| $154K | ﹤0.01% |
3,060
-543
| -15% | -$26.3K |
|
3217
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$271M
| $153K | ﹤0.01% |
5,377
+307
| +6% | +$8.75K |
|
3218
OrthoPediatrics
KIDS
$648M
| $152K | ﹤0.01% |
3,084
-1,623
| -34% | -$77.9K |
|
3219
Mizuho Financial
MFG
$132B
| $152K | ﹤0.01% |
52,718
+1,332
| +3% | +$3.88K |
|
3220
Ethan Allen Interiors
ETD
$581M
| $151K | ﹤0.01% |
5,540
-308
| -5% | -$7.75K |
|
3221
United States 12 Month Oil Fund,
USL
$45.7M
| $151K | ﹤0.01% |
7,148
+5,798
| +429% | +$117K |
|
3222
Popular Inc
BPOP
$11.3B
| $150K | ﹤0.01% |
2,100
-991
| -32% | -$64.2K |
|
3223
Genworth Financial
GNW
$3.84B
| $150K | ﹤0.01% |
43,359
-60,237
| -58% | -$198K |
|
3224
PDF Solutions
PDFS
$2.15B
| $150K | ﹤0.01% |
7,866
-73
| -0.9% | -$1.45K |
|
3225
PUT
Tilray
TLRY
$643M
| $150K | ﹤0.01% |
760
-3,070
| -80% | -$720K |
|
Similar funds
Bank of Montreal's Q1 2021 Portfolio in Review
As of Q1 2021, Bank of Montreal held 5,535 positions worth $154B, up 1.6% from $151B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal withdrew a net $8.74B in Q1 2021, closing 451 positions and reducing 2,812 holdings. Its most notable exit was Norbord Inc., an estimated $30.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 22% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in West Fraser Timber worth $210M.
- Bank of Montreal's largest Q1 2021 buy was West Fraser Timber: 2,561,579 shares worth $210M.
- Bank of Montreal added most to Apple in Q1 2021, an estimated $738M increase.
- Bank of Montreal's biggest Q1 2021 reduction was Enbridge, cutting an estimated $671M.
- Bank of Montreal fully exited Norbord Inc. in Q1 2021, selling an estimated $30.8M.
- Bank of Montreal's ten largest holdings make up 23% of its $154B portfolio in Q1 2021.
- Bank of Montreal opened 570 new positions and closed 451 in Q1 2021.
- Bank of Montreal's portfolio value rose 1.6% quarter-over-quarter to $154B.
Based on Bank of Montreal's 13F filing for Q1 2021, filed 13 May 2021.