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 |
Microsoft
MSFT
|
+$879M |
| 2 |
NVIDIA
NVDA
|
+$597M |
| 3 |
Tesla
TSLA
|
+$584M |
| 4 |
Amazon
AMZN
|
+$542M |
| 5 |
Apple
AAPL
|
+$534M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$1.17B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$523M |
| 3 |
Canadian Natural Resources
CNQ
|
+$488M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$425M |
| 5 |
Enbridge
ENB
|
+$412M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.85% |
| 2 | Consumer Discretionary | 18.53% |
| 3 | Technology | 13.69% |
| 4 | Financials | 13.26% |
| 5 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Hudbay
HBM
$11.8B
| $18.2M | 0.01% |
3,221,740
-42,025
| -1% | -$197K |
|
802
Pebblebrook Hotel Trust
PEB
$2.05B
| $18.2M | 0.01% |
1,113,350
+65,189
| +6% | +$867K |
|
803
Alcon
ALC
$35.5B
| $18.1M | 0.01% |
231,359
+9,760
| +4% | +$721K |
|
804
CALL
Telus
TU
$15.2B
| $18.1M | 0.01% |
1,015,000
+927,900
| +1,065% | +$16M |
|
805
Healthpeak Properties
DOC
$14.3B
| $18.1M | 0.01% |
896,223
+138,082
| +18% | +$2.43M |
|
806
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $18.1M | 0.01% |
200,000
-20,000
| -9% | -$1.66M |
|
807
Vanguard Morningstar Value ETF
VTV
$194B
| $18.1M | 0.01% |
120,624
-2,927
| -2% | -$412K |
|
808
The Mosaic Company
MOS
$6.92B
| $18.1M | 0.01% |
492,564
+73,632
| +18% | +$2.6M |
|
809
Atlassian
TEAM
$42.1B
| $18.1M | 0.01% |
74,726
+29,321
| +65% | +$5.76M |
|
810
PUT
Oracle
ORCL
$450B
| $18M | 0.01% |
169,500
+42,500
| +33% | +$4.64M |
|
|
BERY
811
DELISTED
Berry Global Group, Inc.
BERY
| $18M | 0.01% |
287,456
+207,432
| +259% | +$11.7M |
|
812
Cognex
CGNX
$10.4B
| $18M | 0.01% |
422,030
+193,038
| +84% | +$7.42M |
|
813
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $18M | 0.01% |
195,586
+12,134
| +7% | +$1.11M |
|
|
BBU
814
DELISTED
Brookfield Business Partners
BBU
| $17.9M | 0.01% |
866,783
-139,117
| -14% | -$2.23M |
|
815
Bio-Techne
TECH
$11.2B
| $17.8M | 0.01% |
226,450
+36,021
| +19% | +$2.37M |
|
816
Vanguard Real Estate ETF
VNQ
$39.1B
| $17.7M | 0.01% |
198,038
-15,540
| -7% | -$1.23M |
|
817
ARK Innovation ETF
ARKK
$6.54B
| $17.7M | 0.01% |
326,539
+101,730
| +45% | +$4.4M |
|
818
Invesco Taxable Municipal Bond ETF
BAB
$1.01B
| $17.7M | 0.01% |
652,621
+223,638
| +52% | +$5.73M |
|
819
Principal Financial Group
PFG
$24.6B
| $17.7M | 0.01% |
222,748
+51,031
| +30% | +$3.7M |
|
820
Global X Artificial Intelligence & Technology ETF
AIQ
$10.4B
| $17.7M | 0.01% |
562,881
+534,419
| +1,878% | +$15.3M |
|
821
BILL Holdings
BILL
$5.11B
| $17.6M | 0.01% |
211,225
-17,739
| -8% | -$1.46M |
|
822
CALL
Morgan Stanley
MS
$343B
| $17.6M | 0.01% |
+188,000
| New | +$15M |
|
823
Progress Software
PRGS
$1.83B
| $17.6M | 0.01% |
316,175
+42,105
| +15% | +$2.23M |
|
824
CALL
Thomson Reuters
TRI
$46B
| $17.6M | 0.01% |
118,147
| – | – |
|
825
Gaming and Leisure Properties
GLPI
$12.7B
| $17.5M | 0.01% |
352,759
+201,813
| +134% | +$9.34M |
|
Similar funds
Bank of Montreal's Q4 2023 Portfolio in Review
As of Q4 2023, Bank of Montreal held 4,442 positions worth $330B, up 14% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q4 2023 filing shows 668 new, 1,596 increased, 1,270 reduced and 501 closed positions. Its largest new stake was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M. The largest sale was Royal Bank of Canada, an estimated $1.17B.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q4 2023 buy was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M.
- Bank of Montreal added most to Microsoft in Q4 2023, an estimated $879M increase.
- Bank of Montreal's biggest Q4 2023 reduction was Royal Bank of Canada, cutting an estimated $1.17B.
- Bank of Montreal fully exited Activision Blizzard in Q4 2023, selling an estimated $177M.
- Bank of Montreal's ten largest holdings make up 51% of its $330B portfolio in Q4 2023.
- Bank of Montreal opened 668 new positions and closed 501 in Q4 2023.
- Bank of Montreal's portfolio value rose 14% quarter-over-quarter to $330B.
Based on Bank of Montreal's 13F filing for Q4 2023, filed 8 Feb 2024.