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 | |
|---|---|---|---|---|---|---|
901
PUT
Johnson & Johnson
JNJ
$632B
| $10.6M | ﹤0.01% |
60,500
+20,500
| +51% | +$3.31M |
|
902
Zoom
ZM
$32.2B
| $10.6M | ﹤0.01% |
142,780
+91,635
| +179% | +$6.6M |
|
903
LKQ Corp
LKQ
$6.38B
| $10.5M | ﹤0.01% |
184,852
+16,461
| +10% | +$928K |
|
|
SCHW
904
PUT
Charles Schwab
SCHW
$190B
| $10.5M | ﹤0.01% |
200,000
+149,900
| +299% | +$11M |
|
905
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.18B
| $10.4M | ﹤0.01% |
222,834
-8,482
| -4% | -$393K |
|
906
PUT
Starbucks
SBUX
$124B
| $10.4M | ﹤0.01% |
100,000
-37,800
| -27% | -$3.93M |
|
907
Ball Corp
BALL
$16.4B
| $10.4M | ﹤0.01% |
189,067
-50,904
| -21% | -$2.83M |
|
908
ING
ING
$102B
| $10.4M | ﹤0.01% |
878,122
-465,155
| -35% | -$6.16M |
|
|
MPT
909
Medical Properties Trust
MPT
$2.51B
| $10.4M | ﹤0.01% |
1,261,961
+420,465
| +50% | +$4.64M |
|
|
VLAT
910
DELISTED
Valor Latitude Acquisition Corp. Class A Ordinary Shares
VLAT
| $10.3M | ﹤0.01% |
1,009,350
-194
| -0% | -$1.97K |
|
911
Stanley Black & Decker
SWK
$15.4B
| $10.3M | ﹤0.01% |
127,335
-17,360
| -12% | -$1.46M |
|
|
SLVR
912
DELISTED
SilverSPAC Inc. Class A Ordinary Share
SLVR
| $10.2M | ﹤0.01% |
1,000,000
+931,913
| +1,369% | +$9.44M |
|
913
First Trust Smith Unconstrained Bond ETF
UCON
$3.29B
| $10.2M | ﹤0.01% |
+421,026
| New | +$10.2M |
|
914
Best Buy
BBY
$18B
| $10.2M | ﹤0.01% |
122,204
-45,033
| -27% | -$3.71M |
|
915
HEICO Corp
HEI
$51.9B
| $10.2M | ﹤0.01% |
59,644
+50,424
| +547% | +$8.49M |
|
916
iShares Silver Trust
SLV
$31.3B
| $10.2M | ﹤0.01% |
459,412
+14,285
| +3% | +$296K |
|
917
CALL
NextEra Energy
NEE
$179B
| $10.2M | ﹤0.01% |
+132,000
| New | +$10.2M |
|
918
CALL
Telus
TU
$15.2B
| $10.2M | ﹤0.01% |
511,200
+123,000
| +32% | +$2.5M |
|
919
PUT
C3.ai
AI
$1.58B
| $10.1M | ﹤0.01% |
+301,800
| New | +$6.18M |
|
920
Seagate
STX
$209B
| $10.1M | ﹤0.01% |
152,940
-40,410
| -21% | -$2.57M |
|
|
BBUC
921
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.01B
| $10.1M | ﹤0.01% |
507,484
+20,091
| +4% | +$401K |
|
922
VF Corp
VFC
$5.79B
| $10.1M | ﹤0.01% |
438,936
+138,175
| +46% | +$3.63M |
|
923
IDEX
IEX
$17.6B
| $10.1M | ﹤0.01% |
43,535
-12,545
| -22% | -$2.85M |
|
924
Monolithic Power Systems
MPWR
$67B
| $10M | ﹤0.01% |
19,962
-7,462
| -27% | -$3.43M |
|
925
CALL
Salesforce
CRM
$165B
| $10M | ﹤0.01% |
50,000
+46,200
| +1,216% | +$7.8M |
|
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.