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
|
+$719M |
| 2 |
Scotiabank
BNS
|
+$505M |
| 3 |
Boeing
BA
|
+$442M |
| 4 |
Enbridge
ENB
|
+$337M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$318M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$585M |
| 2 |
Canadian National Railway
CNI
|
+$437M |
| 3 |
NVIDIA
NVDA
|
+$376M |
| 4 |
Advanced Micro Devices
AMD
|
+$367M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$306M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.87% |
| 2 | Technology | 15.92% |
| 3 | Communication Services | 8.01% |
| 4 | Industrials | 7.61% |
| 5 | Consumer Discretionary | 7.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Tilray
TLRY
$640M
| $16.7M | 0.01% |
145,122
+13,850
| +11% | +$1.9M |
|
1002
Plexus
PLXS
$7.04B
| $16.7M | 0.01% |
182,064
-6,801
| -4% | -$605K |
|
1003
Snap
SNAP
$8.96B
| $16.6M | 0.01% |
224,348
-200,209
| -47% | -$14.5M |
|
1004
Graphic Packaging
GPK
$3.51B
| $16.5M | 0.01% |
845,599
-10,415
| -1% | -$199K |
|
|
MASI
1005
DELISTED
Masimo
MASI
| $16.5M | 0.01% |
60,311
-629
| -1% | -$171K |
|
1006
Option Care Health
OPCH
$3.61B
| $16.3M | 0.01% |
669,155
+536,995
| +406% | +$12.5M |
|
1007
Hilltop Holdings
HTH
$2.28B
| $16.3M | 0.01% |
488,061
-22,326
| -4% | -$740K |
|
1008
Applied Industrial Technologies
AIT
$13.2B
| $16.2M | 0.01% |
175,834
-7,275
| -4% | -$640K |
|
1009
Varonis Systems
VRNS
$5.26B
| $16.2M | 0.01% |
262,355
-146,242
| -36% | -$9.17M |
|
1010
Novartis
NVS
$288B
| $16.2M | 0.01% |
193,994
-171,075
| -47% | -$15.4M |
|
1011
Chunghwa Telecom
CHT
$32.8B
| $16.2M | 0.01% |
403,357
-29,311
| -7% | -$1.2M |
|
1012
Banner Corp
BANR
$2.5B
| $16.1M | 0.01% |
290,291
-10,395
| -3% | -$560K |
|
1013
Alcoa
AA
$13.1B
| $16.1M | 0.01% |
317,279
+59,728
| +23% | +$2.52M |
|
1014
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.88B
| $16M | 0.01% |
540,429
-6,560
| -1% | -$196K |
|
1015
Vanguard Total Bond Market
BND
$162B
| $16M | 0.01% |
187,443
+76,204
| +69% | +$6.58M |
|
1016
Alcon
ALC
$35.5B
| $15.9M | 0.01% |
193,365
+5,798
| +3% | +$446K |
|
1017
PUT
Lucid Motors
LCID
$2.54B
| $15.9M | 0.01% |
+58,890
| New | +$13.6M |
|
1018
iShares MBS ETF
MBB
$39.2B
| $15.9M | 0.01% |
146,601
+15,279
| +12% | +$1.66M |
|
1019
Arrow Electronics
ARW
$10.6B
| $15.8M | 0.01% |
137,155
+6,501
| +5% | +$752K |
|
1020
IDEX
IEX
$17.6B
| $15.8M | 0.01% |
73,479
-37,734
| -34% | -$8.38M |
|
1021
Coca-Cola Europacific Partners
CCEP
$47.5B
| $15.8M | 0.01% |
284,874
-658,731
| -70% | -$39.2M |
|
1022
MarineMax
HZO
$1.15B
| $15.7M | 0.01% |
305,592
-13,775
| -4% | -$687K |
|
1023
Southwest Gas
SWX
$6.67B
| $15.6M | 0.01% |
228,935
+89,599
| +64% | +$6.25M |
|
1024
PUT
Marriott International
MAR
$91.9B
| $15.5M | 0.01% |
+101,800
| New | +$14.2M |
|
|
PBCT
1025
DELISTED
People's United Financial Inc
PBCT
| $15.5M | 0.01% |
865,043
+520,083
| +151% | +$8.45M |
|
Similar funds
Bank of Montreal's Q3 2021 Portfolio in Review
As of Q3 2021, Bank of Montreal held 4,070 positions worth $219B, up 9% from $201B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $10.5B of net new capital in Q3 2021, opening 436 new positions and adding to 1,500 existing holdings. Its largest new stake was Silicon Motion: 610,096 shares worth $44.6M.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Tesla, an estimated $585M trimmed.
- Bank of Montreal's largest Q3 2021 buy was Silicon Motion: 610,096 shares worth $44.6M.
- Bank of Montreal added most to Apple in Q3 2021, an estimated $719M increase.
- Bank of Montreal's biggest Q3 2021 reduction was Tesla, cutting an estimated $585M.
- Bank of Montreal fully exited Slack Technologies, Inc. in Q3 2021, selling an estimated $199M.
- Bank of Montreal's ten largest holdings make up 22% of its $219B portfolio in Q3 2021.
- Bank of Montreal opened 436 new positions and closed 272 in Q3 2021.
- Bank of Montreal's portfolio value rose 9% quarter-over-quarter to $219B.
Based on Bank of Montreal's 13F filing for Q3 2021, filed 12 Nov 2021.