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 | Miscellaneous | 12.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1126
Frontline
FRO
$11.5B
| $6.82M | ﹤0.01% |
318,815
-733,451
| -70% | -$15.2M |
2022 Q4
4 quarters
|
|
1127
Strategy Inc
MSTR
$66.3B
| $6.78M | ﹤0.01% |
100,390
+61,960
| +161% | +$2.94M |
2022 Q2
6 quarters
|
|
1128
Equinox Gold
EQX
$13B
| $6.78M | ﹤0.01% |
1,334,921
-224,116
| -14% | -$1.06M |
2019 Q4
16 quarters
|
|
1129
New Oriental
EDU
$8.45B
| $6.71M | ﹤0.01% |
+91,485
| New | +$6.35M |
2023 Q4
0 quarters
|
|
1130
BioMarin Pharmaceuticals
BMRN
$11.2B
| $6.7M | ﹤0.01% |
68,431
-224,356
| -77% | -$19.8M |
2013 Q2
42 quarters
|
|
|
NUVL
1131
DELISTED
Nuvalent
NUVL
| $6.69M | ﹤0.01% |
+89,078
| New | +$5.51M |
2023 Q4
0 quarters
|
|
1132
iShares Intermediate Government/Credit Bond ETF
GVI
$3.74B
| $6.66M | ﹤0.01% |
63,539
-345
| -0.5% | -$35.2K |
2021 Q2
10 quarters
|
|
1133
CNX Resources
CNX
$4.68B
| $6.66M | ﹤0.01% |
327,796
-200,945
| -38% | -$4.28M |
2013 Q2
42 quarters
|
|
1134
iShares Global Clean Energy ETF
ICLN
$2.24B
| $6.61M | ﹤0.01% |
419,662
-513,676
| -55% | -$7.22M |
2016 Q3
29 quarters
|
|
1135
Moog Inc Class A
MOG.A
$12.5B
| $6.57M | ﹤0.01% |
44,687
+144
| +0.3% | +$18.6K |
2013 Q2
42 quarters
|
|
1136
Novavax
NVAX
$1.78B
| $6.57M | ﹤0.01% |
+855,757
| New | +$5.24M |
2023 Q4
0 quarters
|
|
1137
Invesco
IVZ
$13.6B
| $6.57M | ﹤0.01% |
363,016
-545,127
| -60% | -$7.86M |
2013 Q2
42 quarters
|
|
1138
Woodward
WWD
$19.6B
| $6.56M | ﹤0.01% |
47,933
-5,477
| -10% | -$716K |
2013 Q2
42 quarters
|
|
1139
iShares Dow Jones US ETF
IYY
$3.05B
| $6.55M | ﹤0.01% |
55,962
+27,056
| +94% | +$2.94M |
2013 Q2
42 quarters
|
|
1140
PUT
Biogen
BIIB
$32.9B
| $6.54M | ﹤0.01% |
25,000
| – | – |
2022 Q3
5 quarters
|
|
1141
PUT
Home Depot
HD
$285B
| $6.54M | ﹤0.01% |
18,800
+14,800
| +370% | +$4.58M |
2023 Q2
2 quarters
|
|
1142
Abercrombie & Fitch
ANF
$5.82B
| $6.53M | ﹤0.01% |
72,175
-77,855
| -52% | -$5.54M |
2013 Q2
42 quarters
|
|
1143
Veeva Systems
VEEV
$45B
| $6.52M | ﹤0.01% |
33,578
+1,635
| +5% | +$308K |
2014 Q3
37 quarters
|
|
|
1144
PUT
Novavax
NVAX
$1.78B
| $6.52M | ﹤0.01% |
+850,000
| New | +$5.2M |
2023 Q4
0 quarters
|
|
1145
Transmedics
TMDX
$2.74B
| $6.51M | ﹤0.01% |
80,226
-8,026
| -9% | -$484K |
2023 Q2
2 quarters
|
|
1146
PUT
Union Pacific
UNP
$163B
| $6.5M | ﹤0.01% |
26,400
+8,000
| +43% | +$1.76M |
2023 Q3
1 quarter
|
|
1147
iShares Core S&P US Growth ETF
IUSG
$34.5B
| $6.44M | ﹤0.01% |
61,528
-217
| -0.4% | -$21.4K |
2020 Q1
15 quarters
|
|
|
EVBG
1148
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $6.43M | ﹤0.01% |
260,407
+104,986
| +68% | +$2.26M |
2018 Q2
22 quarters
|
|
1149
Clarivate
CLVT
$1.02B
| $6.43M | ﹤0.01% |
684,477
+364,956
| +114% | +$2.7M |
2019 Q4
16 quarters
|
|
1150
Vanguard Morningstar Small-Cap Growth ETF
VBK
$23.4B
| $6.38M | ﹤0.01% |
25,945
-31,607
| -55% | -$6.86M |
2013 Q2
42 quarters
|
|
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 500 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 500 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.