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 | |
|---|---|---|---|---|---|---|
601
Paycom
PAYC
$10.1B
| $24.5M | 0.01% |
80,538
+50,402
| +167% | +$15.2M |
|
602
PUT
Salesforce
CRM
$165B
| $24.4M | 0.01% |
122,100
+116,000
| +1,902% | +$19.6M |
|
603
Eastman Chemical
EMN
$8.43B
| $24.3M | 0.01% |
287,846
-9,003
| -3% | -$773K |
|
604
Otis Worldwide
OTIS
$27.8B
| $24.3M | 0.01% |
283,479
-164,893
| -37% | -$13.6M |
|
|
ERF
605
DELISTED
Enerplus Corporation
ERF
| $24.2M | 0.01% |
1,512,803
-448,259
| -23% | -$7.22M |
|
|
HOLX
606
DELISTED
Hologic
HOLX
| $24.1M | 0.01% |
298,402
-164,897
| -36% | -$13.3M |
|
607
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $24.1M | 0.01% |
771,341
-274,377
| -26% | -$8.81M |
|
608
Conagra Brands
CAG
$7.39B
| $24.1M | 0.01% |
639,593
-320,038
| -33% | -$11.9M |
|
609
Copart
CPRT
$27.2B
| $23.8M | 0.01% |
632,016
-405,524
| -39% | -$13.8M |
|
610
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $23.7M | 0.01% |
205,840
+198,250
| +2,612% | +$22.5M |
|
611
Pinterest
PINS
$13.2B
| $23.6M | 0.01% |
866,549
+753,017
| +663% | +$19.5M |
|
612
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $23.6M | 0.01% |
309,014
-14,896
| -5% | -$1.13M |
|
613
United Microelectronic
UMC
$48.6B
| $23.6M | 0.01% |
2,692,931
+1,996,310
| +287% | +$16.2M |
|
614
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $23.6M | 0.01% |
307,837
-32,065
| -9% | -$2.43M |
|
615
Robinhood
HOOD
$89.3B
| $23.5M | 0.01% |
2,421,725
-42,513
| -2% | -$406K |
|
616
Skyworks Solutions
SWKS
$10.5B
| $23.5M | 0.01% |
198,878
-240,661
| -55% | -$26.7M |
|
617
C3.ai
AI
$1.58B
| $23.5M | 0.01% |
699,278
+562,436
| +411% | +$11.5M |
|
618
Halozyme
HALO
$11.4B
| $23.4M | 0.01% |
472,345
+156,372
| +49% | +$7.33M |
|
619
Digital Realty Trust
DLR
$73.1B
| $23.4M | 0.01% |
221,696
-44,861
| -17% | -$4.73M |
|
620
Keurig Dr Pepper
KDP
$42.3B
| $23.3M | 0.01% |
659,923
-65,074
| -9% | -$2.29M |
|
621
Performance Food Group
PFGC
$16.4B
| $23.1M | 0.01% |
381,888
+314,923
| +470% | +$18.4M |
|
622
Howmet Aerospace
HWM
$113B
| $23.1M | 0.01% |
533,722
-219,194
| -29% | -$8.98M |
|
623
Gen Digital
GEN
$17.7B
| $23.1M | 0.01% |
1,343,403
-144,240
| -10% | -$2.89M |
|
624
iShares Core MSCI Total International Stock ETF
IXUS
$60.8B
| $22.9M | 0.01% |
369,052
+345,132
| +1,443% | +$21.1M |
|
625
MPLX
MPLX
$59.6B
| $22.6M | 0.01% |
+650,905
| New | +$22.4M |
|
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.