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 | |
|---|---|---|---|---|---|---|
101
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $306K | 0.13% |
2,301,571
+2,095,072
| +1,015% | +$270M |
|
102
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $302K | 0.13% |
3,670,592
+620,933
| +20% | +$51.1M |
|
103
Wells Fargo
WFC
$269B
| $299K | 0.13% |
6,373,214
+1,386,026
| +28% | +$59.5M |
|
104
Prologis
PLD
$134B
| $298K | 0.13% |
2,618,253
+369,647
| +16% | +$45.8M |
|
|
PXD
105
DELISTED
Pioneer Natural Resource Co.
PXD
| $289K | 0.12% |
1,188,984
-107,340
| -8% | -$24.5M |
|
106
Union Pacific
UNP
$174B
| $284K | 0.12% |
1,247,740
-52,936
| -4% | -$11.7M |
|
|
107
PUT
Meta Platforms (Facebook)
META
$1.47T
| $281K | 0.12% |
1,003,500
-3,131,100
| -76% | -$507M |
|
108
Adobe
ADBE
$103B
| $279K | 0.12% |
990,541
-53,299
| -5% | -$20.2M |
|
109
General Dynamics
GD
$107B
| $277K | 0.12% |
1,238,448
-16,532
| -1% | -$3.74M |
|
110
Baidu
BIDU
$35.6B
| $271K | 0.12% |
1,459,288
-160,967
| -10% | -$22M |
|
111
Cenovus Energy
CVE
$55.6B
| $268K | 0.12% |
17,350,094
+4,937,979
| +40% | +$87.7M |
|
112
Lockheed Martin
LMT
$140B
| $267K | 0.12% |
636,055
-108,249
| -15% | -$45.2M |
|
113
Vanguard Real Estate ETF
VNQ
$38.6B
| $266K | 0.12% |
2,947,438
-308,510
| -9% | -$28.8M |
|
114
PUT
Advanced Micro Devices
AMD
$788B
| $265K | 0.11% |
2,757,400
-1,443,300
| -34% | -$123M |
|
115
Salesforce
CRM
$158B
| $264K | 0.11% |
1,600,079
-407,527
| -20% | -$69.1M |
|
116
Medtronic
MDT
$116B
| $260K | 0.11% |
3,160,956
+322,914
| +11% | +$29M |
|
117
iShares Core S&P Mid-Cap ETF
IJH
$128B
| $259K | 0.11% |
5,431,430
+304,675
| +6% | +$14.7M |
|
118
iShares MSCI EAFE ETF
EFA
$80.2B
| $253K | 0.11% |
3,328,927
+8,291
| +0.2% | +$517K |
|
119
CVS Health
CVS
$121B
| $252K | 0.11% |
2,404,353
-111,272
| -4% | -$11M |
|
120
iShares Core MSCI EAFE ETF
IEFA
$196B
| $251K | 0.11% |
4,343,743
-2,870,517
| -40% | -$169M |
|
121
CGI
GIB
$15.3B
| $250K | 0.11% |
3,238,022
+82,316
| +3% | +$6.71M |
|
122
Brookfield Renewable
BEP
$10.3B
| $248K | 0.11% |
6,722,986
+523,228
| +8% | +$19.3M |
|
123
Philip Morris
PM
$290B
| $245K | 0.11% |
2,510,160
+204,648
| +9% | +$19.5M |
|
124
PUT
Intel
INTC
$509B
| $243K | 0.11% |
4,717,200
+3,177,200
| +206% | +$108M |
|
125
Nike
NKE
$60.1B
| $238K | 0.1% |
2,081,058
-980,749
| -32% | -$106M |
|
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.