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 | 18.08% |
| 3 | Consumer Discretionary | 15.83% |
| 4 | Technology | 11.24% |
| 5 | Industrials | 5.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Edison International
EIX
$27.2B
| $46M | 0.02% |
651,283
-33,923
| -5% | -$2.29M |
|
|
LSI
402
DELISTED
Life Storage, Inc.
LSI
| $46M | 0.02% |
350,129
+165,032
| +89% | +$19.1M |
|
|
K
403
DELISTED
Kellanova
K
| $45.9M | 0.02% |
709,666
-21,085
| -3% | -$1.33M |
|
404
Vanguard FTSE All-World ex-US ETF
VEU
$70.7B
| $45.7M | 0.02% |
853,854
-479,847
| -36% | -$25.4M |
|
405
Ford
F
$55.3B
| $45.6M | 0.02% |
3,380,867
-1,424,318
| -30% | -$17.8M |
|
406
Huntington Bancshares
HBAN
$36.1B
| $45.5M | 0.02% |
4,031,828
+523,895
| +15% | +$7.29M |
|
407
iShares Russell 2000 Value ETF
IWN
$14.7B
| $45.4M | 0.02% |
291,279
-10,697
| -4% | -$1.55M |
|
|
FITB
408
Fifth Third Bancorp
FITB
$52.6B
| $45.4M | 0.02% |
1,702,071
+113,652
| +7% | +$3.78M |
|
409
CALL
Walt Disney
DIS
$180B
| $45M | 0.02% |
90,000
-111,000
| -55% | -$11.2M |
|
410
Incyte
INCY
$24.4B
| $44.7M | 0.02% |
601,881
+383,770
| +176% | +$30M |
|
411
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $44.7M | 0.02% |
750,191
+13,879
| +2% | +$824K |
|
412
United Rentals
URI
$69.8B
| $44.6M | 0.02% |
112,532
+62,855
| +127% | +$26.4M |
|
413
iShares S&P 500 Growth ETF
IVW
$77.9B
| $44M | 0.02% |
688,537
-5,780
| -0.8% | -$353K |
|
414
Omnicom Group
OMC
$23.8B
| $43.8M | 0.02% |
464,387
-52,929
| -10% | -$4.69M |
|
415
Etsy
ETSY
$7.31B
| $43.8M | 0.02% |
392,842
+322,007
| +455% | +$39.9M |
|
416
Healthpeak Properties
DOC
$14.3B
| $43.7M | 0.02% |
1,707,583
+825,148
| +94% | +$20.5M |
|
417
Shell
SHEL
$247B
| $43.5M | 0.02% |
752,628
+216,415
| +40% | +$12.7M |
|
418
Entergy
ETR
$49.9B
| $43.3M | 0.02% |
804,418
-95,404
| -11% | -$5.06M |
|
419
Oneok
OKE
$58.7B
| $43.1M | 0.02% |
677,140
+22,379
| +3% | +$1.49M |
|
420
Jacobs Solutions
J
$16.7B
| $43M | 0.02% |
442,883
+329,968
| +292% | +$32.9M |
|
421
M&T Bank
MTB
$36.7B
| $43M | 0.02% |
357,478
-22,583
| -6% | -$3.28M |
|
422
L3Harris
LHX
$53.6B
| $42.5M | 0.02% |
215,926
-32,924
| -13% | -$6.73M |
|
423
Eversource Energy
ES
$27.2B
| $42.3M | 0.02% |
540,795
-369,166
| -41% | -$29.2M |
|
424
GlobalFoundries
GFS
$29.1B
| $41.9M | 0.02% |
579,682
+320,556
| +124% | +$20.3M |
|
425
First Citizens BancShares
FCNCA
$25.7B
| $41.9M | 0.02% |
42,717
+10,232
| +31% | +$7.6M |
|
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 581 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 581 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.