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 |
Meta Platforms (Facebook)
META
|
+$445M |
| 2 |
Advanced Micro Devices
AMD
|
+$392M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$267M |
| 4 |
Adobe
ADBE
|
+$236M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.61B |
| 2 |
Apple
AAPL
|
+$1.09B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$612M |
| 4 |
Visa
V
|
+$554M |
| 5 |
Citigroup
C
|
+$497M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.94% |
| 2 | Technology | 16.36% |
| 3 | Communication Services | 7.89% |
| 4 | Industrials | 6.89% |
| 5 | Consumer Discretionary | 6.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
American International
AIG
$39.8B
| $79.5M | 0.04% |
1,252,268
-337,859
| -21% | -$20.3M |
|
327
JD.com
JD
$42.7B
| $78.9M | 0.04% |
1,095,961
+212,522
| +24% | +$14.4M |
|
328
VanEck Semiconductor ETF
SMH
$72B
| $78.8M | 0.04% |
554,712
+523,058
| +1,652% | +$71.6M |
|
329
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $78.4M | 0.04% |
+646,600
| New | +$80.7M |
|
330
Tyson Foods
TSN
$19.6B
| $78.4M | 0.04% |
883,135
+21,043
| +2% | +$1.92M |
|
331
Paychex
PAYX
$42.8B
| $78.2M | 0.04% |
571,137
-61,633
| -10% | -$7.57M |
|
332
Progressive
PGR
$121B
| $77.7M | 0.04% |
663,080
-288,715
| -30% | -$31.2M |
|
333
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $77.1M | 0.04% |
655,135
+466,369
| +247% | +$51.8M |
|
334
CALL
Cenovus Energy
CVE
$55.6B
| $76.4M | 0.04% |
4,591,000
+4,467,000
| +3,602% | +$67.8M |
|
335
Booking.com
BKNG
$159B
| $76.3M | 0.04% |
819,375
-603,725
| -42% | -$56.4M |
|
336
AGCO
AGCO
$7.11B
| $75.5M | 0.04% |
518,173
+148,445
| +40% | +$18.7M |
|
337
Bausch Health
BHC
$2.32B
| $75.4M | 0.04% |
3,218,845
-184,922
| -5% | -$4.52M |
|
338
Zoom
ZM
$30.8B
| $74.9M | 0.04% |
611,890
-494,775
| -45% | -$67.3M |
|
339
Southwest Airlines
LUV
$22B
| $74.7M | 0.04% |
1,638,800
-68,216
| -4% | -$3M |
|
340
ON Semiconductor
ON
$32.4B
| $74.2M | 0.04% |
1,150,262
-375,936
| -25% | -$22.9M |
|
341
KLA
KLAC
$272B
| $74.1M | 0.04% |
1,979,870
-1,542,320
| -44% | -$57.7M |
|
342
Middleby
MIDD
$5.38B
| $73.9M | 0.04% |
440,444
+22,191
| +5% | +$4.03M |
|
|
FRC
343
DELISTED
First Republic Bank
FRC
| $73.7M | 0.04% |
441,824
+5,897
| +1% | +$1.03M |
|
344
Moody's
MCO
$82.8B
| $73.6M | 0.04% |
217,209
+3,378
| +2% | +$1.14M |
|
345
Travelers Companies
TRV
$77.2B
| $73.5M | 0.04% |
396,318
-236,548
| -37% | -$40.6M |
|
346
Kimberly-Clark
KMB
$36.2B
| $73.5M | 0.04% |
593,305
-1,651
| -0.3% | -$218K |
|
347
Bunge Global
BG
$21.5B
| $73.2M | 0.04% |
667,623
-217,678
| -25% | -$22.3M |
|
|
CERN
348
DELISTED
Cerner Corp
CERN
| $73M | 0.04% |
779,495
+453,239
| +139% | +$42M |
|
349
RELX
RELX
$60.2B
| $73M | 0.04% |
2,336,948
-183,682
| -7% | -$5.56M |
|
350
Blackstone
BX
$110B
| $72M | 0.03% |
565,590
-381,978
| -40% | -$46.6M |
|
Similar funds
Bank of Montreal's Q1 2022 Portfolio in Review
As of Q1 2022, Bank of Montreal held 4,423 positions worth $206B, up 9.7% from $188B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal deployed $8.72B of net new capital in Q1 2022, opening 845 new positions and adding to 1,378 existing holdings. Its largest new stake was Algonquin Power & Utilities Corp Units: 1,842,100 shares worth $90.8M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 24% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Microsoft, an estimated $1.61B trimmed.
- Bank of Montreal's largest Q1 2022 buy was Algonquin Power & Utilities Corp Units: 1,842,100 shares worth $90.8M.
- Bank of Montreal added most to Meta Platforms (Facebook) in Q1 2022, an estimated $445M increase.
- Bank of Montreal's biggest Q1 2022 reduction was Microsoft, cutting an estimated $1.61B.
- Bank of Montreal fully exited Xilinx Inc in Q1 2022, selling an estimated $143M.
- Bank of Montreal's ten largest holdings make up 24% of its $206B portfolio in Q1 2022.
- Bank of Montreal opened 845 new positions and closed 286 in Q1 2022.
- Bank of Montreal's portfolio value rose 9.7% quarter-over-quarter to $206B.
Based on Bank of Montreal's 13F filing for Q1 2022, filed 12 May 2022.