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 |
Alibaba
BABA
|
+$964M |
| 3 |
Meta Platforms (Facebook)
META
|
+$638M |
| 4 |
TC Energy
TRP
|
+$550M |
| 5 |
NVIDIA
NVDA
|
+$423M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.33% |
| 2 | Miscellaneous | 16.38% |
| 3 | Financials | 15.65% |
| 4 | Consumer Discretionary | 14.79% |
| 5 | Technology | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Dominion Energy
D
$53.2B
| $35.8M | 0.02% |
499,267
-11,263
| -2% | -$909K |
|
477
W.W. Grainger
GWW
$58.7B
| $35.8M | 0.02% |
72,546
-10,775
| -13% | -$5.67M |
|
478
Fox Class B
FOX
$23.7B
| $35.5M | 0.02% |
1,134,617
+558,331
| +97% | +$17.5M |
|
479
J.M. Smucker
SJM
$12.7B
| $35.4M | 0.02% |
254,082
+67,545
| +36% | +$9.2M |
|
|
DFS
480
DELISTED
Discover Financial Services
DFS
| $35.3M | 0.02% |
382,085
-9,591
| -2% | -$971K |
|
481
Invesco Preferred ETF
PGX
$3.6B
| $35.1M | 0.02% |
2,873,565
-813,758
| -22% | -$10.2M |
|
482
Omnicom Group
OMC
$20.2B
| $34.9M | 0.02% |
478,072
+214
| +0% | +$14.5K |
|
483
State Street SPDR S&P Biotech ETF
XBI
$10.7B
| $34.9M | 0.02% |
405,802
+279,006
| +220% | +$23.5M |
|
484
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.8B
| $34.6M | 0.02% |
652,080
-3,097
| -0.5% | -$170K |
|
485
ASML
ASML
$696B
| $34.6M | 0.01% |
80,750
-19,028
| -19% | -$9.53M |
|
486
iShares MSCI ACWI ETF
ACWI
$32.8B
| $34.6M | 0.01% |
411,298
+383,723
| +1,392% | +$33.1M |
|
487
Edison International
EIX
$20.7B
| $34.5M | 0.01% |
588,212
+33,480
| +6% | +$2.22M |
|
488
PUT
ON Semiconductor
ON
$29.9B
| $34.5M | 0.01% |
508,800
| – | – |
|
489
ProShares UltraPro QQQ
TQQQ
$38B
| $34.3M | 0.01% |
2,239,720
-413,290
| -16% | -$6.03M |
|
490
CALL
Norwegian Cruise Line
NCLH
$6.73B
| $34.2M | 0.01% |
2,467,200
+450,000
| +22% | +$5.93M |
|
|
DRE
491
DELISTED
Duke Realty Corp.
DRE
| $34M | 0.01% |
631,014
+321,441
| +104% | +$18.8M |
|
492
Hilton Worldwide
HLT
$71.6B
| $34M | 0.01% |
277,061
-16,122
| -5% | -$2.04M |
|
493
Corning
GLW
$132B
| $33.8M | 0.01% |
1,133,923
+476,621
| +73% | +$16.1M |
|
494
Carrier Global
CARR
$45.2B
| $33.5M | 0.01% |
900,736
-227,239
| -20% | -$8.95M |
|
495
iShares S&P 100 ETF
OEF
$20.5B
| $33.4M | 0.01% |
189,795
-1,860
| -1% | -$338K |
|
496
Macy's
M
$5.95B
| $33.4M | 0.01% |
2,033,711
+1,695,426
| +501% | +$30M |
|
497
UDR
UDR
$10.8B
| $33.3M | 0.01% |
745,513
+389,558
| +109% | +$17.9M |
|
498
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$43.2B
| $33.3M | 0.01% |
250,000
| – | – |
|
499
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.3B
| $32.9M | 0.01% |
1,147,332
-4,877
| -0.4% | -$143K |
|
|
500
PUT
Norwegian Cruise Line
NCLH
$6.73B
| $32.9M | 0.01% |
2,371,900
-40,600
| -2% | -$535K |
|
Similar funds
Bank of Montreal's Q3 2022 Portfolio in Review
As of Q3 2022, Bank of Montreal held 4,641 positions worth $232B, up 7.5% from $215B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Bank of Montreal's Q3 2022 filing shows 635 new, 1,429 increased, 1,550 reduced and 592 closed positions. Its largest new stake was MSD Acquisition Corp. Class A Ordinary Shares: 2,453,513 shares worth $24.3M. The largest sale was Apple, an estimated $1.07B.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, up from 6.8% a quarter earlier, followed by Miscellaneous and Financials.
- Bank of Montreal's largest Q3 2022 buy was MSD Acquisition Corp. Class A Ordinary Shares: 2,453,513 shares worth $24.3M.
- 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 $964M.
- Bank of Montreal's ten largest holdings make up 45% of its $232B 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 $232B.
Based on Bank of Montreal's 13F filing for Q3 2022, filed 10 Nov 2022.