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 |
PayPal
PYPL
|
+$888M |
| 2 |
Walt Disney
DIS
|
+$810M |
| 3 |
XYZ
Block Inc
XYZ
|
+$780M |
| 4 |
Advanced Micro Devices
AMD
|
+$771M |
| 5 |
NVIDIA
NVDA
|
+$737M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.5B |
| 2 |
Royal Bank of Canada
RY
|
+$752M |
| 3 |
Scotiabank
BNS
|
+$724M |
| 4 |
Toronto Dominion Bank
TD
|
+$601M |
| 5 |
Amazon
AMZN
|
+$492M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.29% |
| 2 | Technology | 18% |
| 3 | Communication Services | 9.4% |
| 4 | Consumer Discretionary | 8.18% |
| 5 | Industrials | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
Southern Copper
SCCO
$159B
| $11.9M | 0.01% |
209,440
+150,053
| +253% | +$8.27M |
|
902
Progress Software
PRGS
$1.78B
| $11.8M | 0.01% |
238,367
-154,329
| -39% | -$7.68M |
|
903
Avantor
AVTR
$9.29B
| $11.8M | 0.01% |
279,201
+265,683
| +1,965% | +$10.5M |
|
904
Cheniere Energy
CQP
$33B
| $11.7M | 0.01% |
278,400
+80,300
| +41% | +$3.38M |
|
|
SV
905
DELISTED
Spring Valley Acquisition Corp. Class A Ordinary Share
SV
| $11.7M | 0.01% |
1,159,744
+67,422
| +6% | +$662K |
|
906
iShares US Financial Services ETF
IYG
$2.23B
| $11.7M | 0.01% |
179,631
+6,744
| +4% | +$440K |
|
|
PRPB
907
DELISTED
CC Neuberger Principal Holdings II Class A Ordinary Shares
PRPB
| $11.5M | 0.01% |
1,157,651
+157,651
| +16% | +$1.56M |
|
|
MUDS
908
DELISTED
Mudrick Capital Acquisition Corporation II Class A Common Stock
MUDS
| $11.4M | 0.01% |
1,150,464
+147,391
| +15% | +$1.47M |
|
909
WisdomTree International SmallCap Dividend Fund
DLS
$1.08B
| $11.4M | 0.01% |
153,054
-612
| -0.4% | -$45.1K |
|
910
SITE Centers
SITC
$158M
| $11.4M | 0.01% |
924,710
-744,443
| -45% | -$9.34M |
|
911
Arch Capital
ACGL
$33.3B
| $11.4M | 0.01% |
254,846
-29,411
| -10% | -$1.25M |
|
912
Alaska Air
ALK
$5.39B
| $11.4M | 0.01% |
218,952
-95,602
| -30% | -$5.18M |
|
913
DaVita
DVA
$11.5B
| $11.4M | 0.01% |
99,715
-764,951
| -88% | -$82.2M |
|
914
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $11.3M | 0.01% |
140,020
+126,135
| +908% | +$10.5M |
|
915
TaskUs
TASK
$655M
| $11.3M | 0.01% |
205,070
+58,736
| +40% | +$3.2M |
|
|
ARCH
916
DELISTED
Arch Resources, Inc.
ARCH
| $11.3M | 0.01% |
122,639
-25,246
| -17% | -$2.24M |
|
917
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $11.2M | 0.01% |
142,459
-64,299
| -31% | -$5.08M |
|
918
Amcor
AMCR
$21.5B
| $11.2M | 0.01% |
186,985
-52,788
| -22% | -$3.13M |
|
919
Invesco S&P 500 Equal Weight ETF
RSP
$99.9B
| $11.2M | 0.01% |
68,634
-3,549
| -5% | -$561K |
|
|
JOFF
920
DELISTED
JOFF Fintech Acquisition Corp. Class A Common Stock
JOFF
| $11.1M | 0.01% |
1,131,500
+51,500
| +5% | +$502K |
|
921
Alliant Energy
LNT
$18.3B
| $11.1M | 0.01% |
181,084
-17,924
| -9% | -$1.03M |
|
|
CDK
922
DELISTED
CDK Global, Inc.
CDK
| $11.1M | 0.01% |
263,468
-36,102
| -12% | -$1.52M |
|
923
LKQ Corp
LKQ
$6.26B
| $11.1M | 0.01% |
186,504
-443,533
| -70% | -$25M |
|
|
SHLX
924
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $11.1M | 0.01% |
968,400
+680,300
| +236% | +$8.02M |
|
925
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $11M | 0.01% |
218,341
-339
| -0.2% | -$17.3K |
|
Similar funds
Bank of Montreal's Q4 2021 Portfolio in Review
As of Q4 2021, Bank of Montreal held 4,087 positions worth $188B, down 14% from $219B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal withdrew a net $37.7B in Q4 2021, closing 620 positions and reducing 1,907 holdings. Its most notable exit was Algonquin Power & Utilities Corp Units, an estimated $54.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 24% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in Tricon Residential Inc. worth $286M.
- Bank of Montreal's largest Q4 2021 buy was Tricon Residential Inc.: 18,861,108 shares worth $286M.
- Bank of Montreal added most to PayPal in Q4 2021, an estimated $888M increase.
- Bank of Montreal's biggest Q4 2021 reduction was Apple, cutting an estimated $1.5B.
- Bank of Montreal fully exited Algonquin Power & Utilities Corp Units in Q4 2021, selling an estimated $54.6M.
- Bank of Montreal's ten largest holdings make up 24% of its $188B portfolio in Q4 2021.
- Bank of Montreal opened 406 new positions and closed 620 in Q4 2021.
- Bank of Montreal's portfolio value fell 14% quarter-over-quarter to $188B.
Based on Bank of Montreal's 13F filing for Q4 2021, filed 11 Feb 2022.