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 |
Royal Bank of Canada
RY
|
+$905M |
| 2 |
Toronto Dominion Bank
TD
|
+$900M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$596M |
| 4 |
Brookfield
BN
|
+$554M |
| 5 |
Telus
TU
|
+$458M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Meta Platforms (Facebook)
META
|
+$638M |
| 3 |
TC Energy
TRP
|
+$550M |
| 4 |
NVIDIA
NVDA
|
+$423M |
| 5 |
UnitedHealth
UNH
|
+$370M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.32% |
| 2 | Financials | 15.62% |
| 3 | Consumer Discretionary | 14.79% |
| 4 | Technology | 10.38% |
| 5 | Industrials | 5.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SPKB
1051
DELISTED
Silver Spike Acquisition Corp II Class A Ordinary Shares
SPKB
| $8.63K | ﹤0.01% |
870,111
-159,726
| -16% | -$1.57M |
|
1052
VF Corp
VFC
$5.79B
| $8.61K | ﹤0.01% |
218,715
-6,202
| -3% | -$268K |
|
1053
OR Royalties Inc
OR
$6.15B
| $8.6K | ﹤0.01% |
844,498
-12,141
| -1% | -$122K |
|
1054
iShares 20+ Year Treasury Bond ETF
TLT
$40.8B
| $8.6K | ﹤0.01% |
80,287
-80,860
| -50% | -$9.1M |
|
1055
Expeditors International
EXPD
$24.3B
| $8.59K | ﹤0.01% |
94,821
-21,855
| -19% | -$2.19M |
|
1056
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $8.55K | ﹤0.01% |
203,216
-9,126
| -4% | -$389K |
|
1057
i3 Verticals
IIIV
$325M
| $8.52K | ﹤0.01% |
401,517
-72,440
| -15% | -$1.76M |
|
1058
Hasbro
HAS
$13.6B
| $8.52K | ﹤0.01% |
124,377
-605
| -0.5% | -$47.8K |
|
1059
Camden Property Trust
CPT
$11.1B
| $8.52K | ﹤0.01% |
66,011
+5,493
| +9% | +$733K |
|
1060
Arcos Dorados Holdings
ARCO
$1.71B
| $8.49K | ﹤0.01% |
+1,161,741
| New | +$8.36M |
|
1061
PUT
ConocoPhillips
COP
$150B
| $8.48K | ﹤0.01% |
80,000
-25,000
| -24% | -$2.49M |
|
|
IAA
1062
DELISTED
IAA, Inc. Common Stock
IAA
| $8.48K | ﹤0.01% |
261,118
-12,462
| -5% | -$442K |
|
1063
Under Armour Class C
UA
$2.25B
| $8.46K | ﹤0.01% |
1,140,443
+763,910
| +203% | +$5.98M |
|
1064
KE Holdings
BEKE
$18.7B
| $8.46K | ﹤0.01% |
480,512
+217
| +0% | +$3.51K |
|
1065
EPAM Systems
EPAM
$5.24B
| $8.46K | ﹤0.01% |
22,713
-3,443
| -13% | -$1.32M |
|
|
LSI
1066
DELISTED
Life Storage, Inc.
LSI
| $8.45K | ﹤0.01% |
71,798
-17,454
| -20% | -$2.14M |
|
|
LAC
1067
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $8.41K | ﹤0.01% |
315,844
-22,508
| -7% | -$599K |
|
1068
Invesco DB US Dollar Index Bullish Fund
UUP
$414M
| $8.39K | ﹤0.01% |
274,248
+4,877
| +2% | +$141K |
|
|
BERY
1069
PUT
DELISTED
Berry Global Group, Inc.
BERY
| $8.38K | ﹤0.01% |
194,931
+42,471
| +28% | +$2.13M |
|
1070
CALL
Carnival Corporation Ltd
CCL
$38.9B
| $8.38K | ﹤0.01% |
910,900
+122,700
| +16% | +$1.19M |
|
|
BHVN
1071
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $8.36K | ﹤0.01% |
55,117
+10,150
| +23% | +$1.5M |
|
1072
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $8.35K | ﹤0.01% |
166,970
-13,749
| -8% | -$694K |
|
1073
VeriSign
VRSN
$26B
| $8.35K | ﹤0.01% |
47,372
-28,103
| -37% | -$5.2M |
|
1074
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $8.34K | ﹤0.01% |
160,013
-26,418
| -14% | -$1.45M |
|
1075
Dimensional US Small Cap ETF
DFAS
$15.9B
| $8.32K | ﹤0.01% |
+175,109
| New | +$8.95M |
|
Similar funds
Bank of Montreal's Q3 2022 Portfolio in Review
As of Q3 2022, Bank of Montreal held 4,641 positions worth $232M, up 7.5% from $215M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Bank of Montreal withdrew a net $631M in Q3 2022, closing 592 positions and reducing 1,550 holdings. Its most notable exit was Alibaba, an estimated $964K position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, up from 6.8% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Bank of Montreal opened a new position in MSD Acquisition Corp. Class A Ordinary Shares worth $24.3K.
- Bank of Montreal's largest Q3 2022 buy was MSD Acquisition Corp. Class A Ordinary Shares: 2,453,513 shares worth $24.3K.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2022, an estimated $905M increase.
- Bank of Montreal's biggest Q3 2022 reduction was Apple, cutting an estimated $1.07B.
- Bank of Montreal fully exited Alibaba in Q3 2022, selling an estimated $964K.
- Bank of Montreal's ten largest holdings make up 45% of its $232M portfolio in Q3 2022.
- Bank of Montreal opened 635 new positions and closed 592 in Q3 2022.
- Bank of Montreal's portfolio value rose 7.5% quarter-over-quarter to $232M.
Based on Bank of Montreal's 13F filing for Q3 2022, filed 10 Nov 2022.