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 |
Royal Bank of Canada
RY
|
+$905M |
| 2 |
Toronto Dominion Bank
TD
|
+$900M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$596M |
| 4 |
Brookfield
BN
|
+$554M |
| 5 |
Telus
TU
|
+$458M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Meta Platforms (Facebook)
META
|
+$638M |
| 3 |
TC Energy
TRP
|
+$550M |
| 4 |
NVIDIA
NVDA
|
+$423M |
| 5 |
UnitedHealth
UNH
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.32% |
| 2 | Financials | 15.62% |
| 3 | Consumer Discretionary | 14.79% |
| 4 | Technology | 10.38% |
| 5 | Industrials | 5.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
McKesson
MCK
$102B
| $66.3K | 0.03% |
192,052
-21,730
| -10% | -$7.54M |
|
302
Progressive
PGR
$121B
| $66.1K | 0.03% |
557,224
-23,360
| -4% | -$2.81M |
|
303
MetLife
MET
$61.4B
| $65.8K | 0.03% |
1,036,917
+139,027
| +15% | +$8.88M |
|
304
Middleby
MIDD
$5.38B
| $65.4K | 0.03% |
451,222
-13,859
| -3% | -$1.95M |
|
305
Eaton
ETN
$179B
| $65K | 0.03% |
482,381
+75,864
| +19% | +$10.6M |
|
306
Energy Transfer Partners
ET
$72.1B
| $64.9K | 0.03% |
5,497,299
-7,675,383
| -58% | -$85.5M |
|
307
CALL
Boeing
BA
$183B
| $64.3K | 0.03% |
186,500
-114,600
| -38% | -$17.6M |
|
|
NVO
308
Novo Nordisk
NVO
$203B
| $64.2K | 0.03% |
1,277,826
-125,224
| -9% | -$6.71M |
|
309
CALL
JPMorgan Chase
JPM
$971B
| $64.1K | 0.03% |
518,400
+193,800
| +60% | +$22.2M |
|
310
Marriott International
MAR
$92.5B
| $64K | 0.03% |
450,491
-69,587
| -13% | -$10.6M |
|
311
BHP
BHP
$229B
| $63.1K | 0.03% |
1,192,159
+834,544
| +233% | +$44.2M |
|
312
Ford
F
$55.1B
| $62.9K | 0.03% |
3,967,548
+300,079
| +8% | +$4.2M |
|
313
KLA
KLAC
$272B
| $62.7K | 0.03% |
1,812,330
-110,810
| -6% | -$3.84M |
|
314
Williams Companies
WMB
$90.1B
| $62.6K | 0.03% |
2,160,131
+1,519
| +0.1% | +$49.5K |
|
315
iShares Global REIT ETF
REET
$5.04B
| $62.4K | 0.03% |
2,583,421
+7,295
| +0.3% | +$180K |
|
316
Booking.com
BKNG
$159B
| $62.1K | 0.03% |
729,925
-473,625
| -39% | -$35.6M |
|
317
O'Reilly Automotive
ORLY
$74.5B
| $62K | 0.03% |
1,302,435
+398,220
| +44% | +$18.6M |
|
318
Sempra
SRE
$56.2B
| $61.5K | 0.03% |
799,418
+83,628
| +12% | +$6.77M |
|
319
SPDR Gold Trust
GLD
$144B
| $61.4K | 0.03% |
388,149
-150,710
| -28% | -$24.2M |
|
320
Citizens Financial Group
CFG
$31.1B
| $61.3K | 0.03% |
1,659,239
+237,666
| +17% | +$8.79M |
|
321
iShares Core US Aggregate Bond ETF
AGG
$138B
| $60.7K | 0.03% |
596,357
+36,488
| +7% | +$3.69M |
|
322
American Airlines Group
AAL
$9.88B
| $60.6K | 0.03% |
4,113,848
+128,587
| +3% | +$1.79M |
|
323
Paychex
PAYX
$42.8B
| $59.5K | 0.03% |
523,146
-65,674
| -11% | -$8.14M |
|
324
Moody's
MCO
$82.8B
| $58.7K | 0.03% |
235,518
+16,438
| +8% | +$4.78M |
|
325
Equinix
EQIX
$105B
| $58.5K | 0.03% |
93,577
-113,036
| -55% | -$73.9M |
|
Similar funds
Bank of Montreal's Q3 2022 Portfolio in Review
As of Q3 2022, Bank of Montreal held 4,641 positions worth $232M, up 7.5% from $215M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Bank of Montreal withdrew a net $631M in Q3 2022, closing 592 positions and reducing 1,550 holdings. Its most notable exit was Alibaba, an estimated $964K position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, up from 6.8% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Bank of Montreal opened a new position in MSD Acquisition Corp. Class A Ordinary Shares worth $24.3K.
- Bank of Montreal's largest Q3 2022 buy was MSD Acquisition Corp. Class A Ordinary Shares: 2,453,513 shares worth $24.3K.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2022, an estimated $905M increase.
- Bank of Montreal's biggest Q3 2022 reduction was Apple, cutting an estimated $1.07B.
- Bank of Montreal fully exited Alibaba in Q3 2022, selling an estimated $964K.
- Bank of Montreal's ten largest holdings make up 45% of its $232M portfolio in Q3 2022.
- Bank of Montreal opened 635 new positions and closed 592 in Q3 2022.
- Bank of Montreal's portfolio value rose 7.5% quarter-over-quarter to $232M.
Based on Bank of Montreal's 13F filing for Q3 2022, filed 10 Nov 2022.