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 |
Apple
AAPL
|
+$738M |
| 2 |
Advanced Micro Devices
AMD
|
+$336M |
| 3 |
Amazon
AMZN
|
+$326M |
| 4 |
NVIDIA
NVDA
|
+$231M |
| 5 |
Royal Bank of Canada
RY
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Enbridge
ENB
|
+$671M |
| 2 |
Tesla
TSLA
|
+$564M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$390M |
| 4 |
Microsoft
MSFT
|
+$281M |
| 5 |
Canadian Natural Resources
CNQ
|
+$247M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.5% |
| 2 | Technology | 15.54% |
| 3 | Communication Services | 8.78% |
| 4 | Industrials | 8.47% |
| 5 | Consumer Discretionary | 7.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Incyte
INCY
$24.4B
| $22.4M | 0.01% |
277,658
-81,513
| -23% | -$6.96M |
|
652
STAG Industrial
STAG
$7.14B
| $22.4M | 0.01% |
645,057
+23,594
| +4% | +$753K |
|
653
Granite Construction
GVA
$5.51B
| $22.4M | 0.01% |
577,388
-23,111
| -4% | -$800K |
|
|
INFO
654
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $22.3M | 0.01% |
221,103
-74,140
| -25% | -$6.78M |
|
655
Baker Hughes
BKR
$63B
| $22.2M | 0.01% |
1,074,267
+284,857
| +36% | +$6.49M |
|
656
UDR
UDR
$12.1B
| $22.2M | 0.01% |
505,877
-215,327
| -30% | -$8.91M |
|
657
Sony
SONY
$137B
| $22.2M | 0.01% |
1,012,155
+274,715
| +37% | +$5.8M |
|
658
Copart
CPRT
$27B
| $22.2M | 0.01% |
773,264
-242,272
| -24% | -$6.83M |
|
659
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $22.2M | 0.01% |
200,773
+45,817
| +30% | +$5.06M |
|
660
Nucor
NUE
$62B
| $22.1M | 0.01% |
278,027
-46,334
| -14% | -$2.81M |
|
|
INFN
661
DELISTED
Infinera Corporation Common Stock
INFN
| $22M | 0.01% |
2,209,270
-17,288
| -0.8% | -$169K |
|
662
Royal Caribbean
RCL
$82.8B
| $21.9M | 0.01% |
243,995
+17,745
| +8% | +$1.41M |
|
663
Sabra Healthcare REIT
SBRA
$5.17B
| $21.9M | 0.01% |
1,185,197
-43,392
| -4% | -$763K |
|
664
Match Group
MTCH
$8.41B
| $21.7M | 0.01% |
148,876
-17,207
| -10% | -$2.59M |
|
665
Essex Property Trust
ESS
$18.5B
| $21.6M | 0.01% |
76,868
-13,119
| -15% | -$3.4M |
|
666
CALL
Suncor Energy
SU
$76B
| $21.5M | 0.01% |
1,024,000
-39,100
| -4% | -$766K |
|
667
PUT
Brookfield Renewable
BEPC
$6.63B
| $21.5M | 0.01% |
+459,700
| New | +$23.5M |
|
668
Keysight
KEYS
$60.7B
| $21.5M | 0.01% |
148,568
-22,368
| -13% | -$3.17M |
|
669
McKesson
MCK
$100B
| $21.2M | 0.01% |
112,134
-36,760
| -25% | -$6.71M |
|
670
Alexandria Real Estate Equities
ARE
$8.34B
| $21.2M | 0.01% |
125,082
+2,127
| +2% | +$355K |
|
671
Church & Dwight Co
CHD
$24B
| $21.1M | 0.01% |
242,174
-90,458
| -27% | -$7.55M |
|
672
Central Garden & Pet Co Class A
CENTA
$2.43B
| $21.1M | 0.01% |
509,631
-34,865
| -6% | -$1.19M |
|
673
CALL
Canadian Imperial Bank of Commerce
CM
$112B
| $21M | 0.01% |
426,000
-673,800
| -61% | -$31.1M |
|
674
Whirlpool
WHR
$2.82B
| $21M | 0.01% |
89,684
-2,998
| -3% | -$595K |
|
675
NiSource
NI
$20.2B
| $21M | 0.01% |
850,423
-32,344
| -4% | -$729K |
|
Similar funds
Bank of Montreal's Q1 2021 Portfolio in Review
As of Q1 2021, Bank of Montreal held 5,535 positions worth $154B, up 1.6% from $151B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal withdrew a net $8.74B in Q1 2021, closing 451 positions and reducing 2,812 holdings. Its most notable exit was Norbord Inc., an estimated $30.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 22% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in West Fraser Timber worth $210M.
- Bank of Montreal's largest Q1 2021 buy was West Fraser Timber: 2,561,579 shares worth $210M.
- Bank of Montreal added most to Apple in Q1 2021, an estimated $738M increase.
- Bank of Montreal's biggest Q1 2021 reduction was Enbridge, cutting an estimated $671M.
- Bank of Montreal fully exited Norbord Inc. in Q1 2021, selling an estimated $30.8M.
- Bank of Montreal's ten largest holdings make up 23% of its $154B portfolio in Q1 2021.
- Bank of Montreal opened 570 new positions and closed 451 in Q1 2021.
- Bank of Montreal's portfolio value rose 1.6% quarter-over-quarter to $154B.
Based on Bank of Montreal's 13F filing for Q1 2021, filed 13 May 2021.