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 | |
|---|---|---|---|---|---|---|
526
Healthcare Realty
HR
$6.6B
| $30.9K | 0.01% |
1,333,976
+1,223,749
| +1,110% | +$31.1M |
|
527
Arthur J. Gallagher & Co
AJG
$64.2B
| $30.6K | 0.01% |
177,773
-11,513
| -6% | -$2.04M |
|
528
PUT
Chewy
CHWY
$9.05B
| $30.6K | 0.01% |
916,500
+275,300
| +43% | +$10.9M |
|
529
Microchip Technology
MCHP
$43.3B
| $30.6K | 0.01% |
490,618
-77,569
| -14% | -$5.09M |
|
530
PUT
Cenovus Energy
CVE
$56.2B
| $30.6K | 0.01% |
1,976,200
+901,200
| +84% | +$16M |
|
|
Y
531
DELISTED
Alleghany Corp
Y
| $30.4K | 0.01% |
36,064
+26,569
| +280% | +$22.3M |
|
532
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $30.3K | 0.01% |
382,316
+53,269
| +16% | +$4.27M |
|
|
CTXS
533
DELISTED
Citrix Systems Inc
CTXS
| $30.3K | 0.01% |
291,471
+57,456
| +25% | +$5.88M |
|
534
PUT
Walt Disney
DIS
$179B
| $30.3K | 0.01% |
163,700
-1,259,600
| -88% | -$135M |
|
535
PUT
Canadian Natural Resources
CNQ
$97.7B
| $30.1K | 0.01% |
1,289,600
+431,960
| +50% | +$11.2M |
|
536
First Horizon
FHN
$12.3B
| $30K | 0.01% |
1,282,147
-139,525
| -10% | -$3.17M |
|
537
Ulta Beauty
ULTA
$22.1B
| $29.9K | 0.01% |
69,984
+5,436
| +8% | +$2.19M |
|
538
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $29.8K | 0.01% |
278,381
+63,813
| +30% | +$7.03M |
|
|
PNTM
539
DELISTED
Pontem Corporation
PNTM
| $29.8K | 0.01% |
2,993,286
+2,070,000
| +224% | +$20.5M |
|
540
Wolfspeed
WOLF
$1.66B
| $29.7K | 0.01% |
268,323
+10,231
| +4% | +$980K |
|
|
AUY
541
DELISTED
Yamana Gold, Inc.
AUY
| $29.7K | 0.01% |
4,917,953
-777,095
| -14% | -$3.6M |
|
542
Workday
WDAY
$43.6B
| $29.6K | 0.01% |
189,305
-29,879
| -14% | -$4.68M |
|
543
Healthpeak Properties
DOC
$14.3B
| $29.4K | 0.01% |
1,076,997
+516,192
| +92% | +$13.6M |
|
544
Carlisle Companies
CSL
$14.9B
| $29.3K | 0.01% |
102,970
-74,749
| -42% | -$21.4M |
|
545
Ingredion
INGR
$6.62B
| $29.3K | 0.01% |
344,732
+10,010
| +3% | +$878K |
|
546
Mettler-Toledo International
MTD
$28.5B
| $29.2K | 0.01% |
24,089
+6,961
| +41% | +$8.65M |
|
547
Verisk Analytics
VRSK
$23.5B
| $29.1K | 0.01% |
166,484
-27,198
| -14% | -$5.08M |
|
548
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $29.1K | 0.01% |
545,230
-39,325
| -7% | -$2.23M |
|
549
Church & Dwight Co
CHD
$23.9B
| $29K | 0.01% |
396,764
+183,893
| +86% | +$15.9M |
|
550
IQVIA
IQV
$39.4B
| $28.9K | 0.01% |
155,584
-58,723
| -27% | -$12.9M |
|
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.