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 | |
|---|---|---|---|---|---|---|
701
TransDigm Group
TDG
$68.6B
| $19.5M | 0.01% |
31,725
-12,163
| -28% | -$7.17M |
|
702
CALL
Broadcom
AVGO
$1.99T
| $19.4M | 0.01% |
+400,000
| New | +$18.5M |
|
703
NetEase
NTES
$78.5B
| $19.4M | 0.01% |
184,958
-24,929
| -12% | -$2.82M |
|
704
West Pharmaceutical
WST
$24.4B
| $19.4M | 0.01% |
66,470
-12,114
| -15% | -$3.47M |
|
705
Euronet Worldwide
EEFT
$2.77B
| $19.3M | 0.01% |
133,299
-168,537
| -56% | -$24.4M |
|
706
Grand Canyon Education
LOPE
$3.8B
| $19.3M | 0.01% |
172,653
+3,423
| +2% | +$340K |
|
707
Alaska Air
ALK
$5.3B
| $19.3M | 0.01% |
265,155
-19,905
| -7% | -$1.2M |
|
708
CoStar Group
CSGP
$13.3B
| $19.3M | 0.01% |
220,360
-52,290
| -19% | -$4.51M |
|
|
MXIM
709
DELISTED
Maxim Integrated Products
MXIM
| $19.3M | 0.01% |
199,449
-61,821
| -24% | -$5.67M |
|
|
IPHI
710
DELISTED
INPHI CORPORATION
IPHI
| $19.2M | 0.01% |
104,854
-9,972
| -9% | -$1.67M |
|
711
PUT
Royal Caribbean
RCL
$83B
| $19.1M | 0.01% |
213,000
-236,400
| -53% | -$18.7M |
|
712
CenterPoint Energy
CNP
$26.7B
| $19.1M | 0.01% |
823,075
-59,605
| -7% | -$1.27M |
|
713
Viatris
VTRS
$18.4B
| $19.1M | 0.01% |
1,437,630
-260,196
| -15% | -$4.24M |
|
714
CALL
Zscaler
ZS
$30.4B
| $18.9M | 0.01% |
102,000
+52,000
| +104% | +$10.3M |
|
715
Graham Holdings Company
GHC
$4.99B
| $18.9M | 0.01% |
30,844
+3,203
| +12% | +$1.86M |
|
716
CALL
Wheaton Precious Metals
WPM
$60B
| $18.9M | 0.01% |
450,600
+301,600
| +202% | +$12M |
|
717
Broadridge
BR
$19.6B
| $18.8M | 0.01% |
122,078
-14,731
| -11% | -$2.18M |
|
718
Veeva Systems
VEEV
$40.8B
| $18.8M | 0.01% |
71,473
-5,578
| -7% | -$1.55M |
|
|
VAR
719
DELISTED
Varian Medical Systems, Inc.
VAR
| $18.6M | 0.01% |
105,089
-12,715
| -11% | -$2.24M |
|
720
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $18.5M | 0.01% |
310,677
-18
| -0% | -$1.09K |
|
721
Avnet
AVT
$7.88B
| $18.4M | 0.01% |
425,981
+1,760
| +0.4% | +$68K |
|
722
PUT
Vail Resorts
MTN
$5.21B
| $18.3M | 0.01% |
+60,000
| New | +$17.5M |
|
723
CarMax
KMX
$8.54B
| $18.3M | 0.01% |
142,527
-77,464
| -35% | -$9.43M |
|
724
Fortive
FTV
$18.7B
| $18.3M | 0.01% |
344,883
-68,751
| -17% | -$3.56M |
|
725
Boise Cascade
BCC
$2.93B
| $18.2M | 0.01% |
278,254
-4,200
| -1% | -$222K |
|
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.