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 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Crown Holdings
CCK
$12.9B
| $5.13M | ﹤0.01% |
54,936
+38,074
| +226% | +$3.23M |
|
1227
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.43B
| $5.13M | ﹤0.01% |
40,443
-1,322
| -3% | -$148K |
|
1228
Outfront Media
OUT
$5.24B
| $5.12M | ﹤0.01% |
363,035
+339,900
| +1,469% | +$3.84M |
|
1229
Royalty Pharma
RPRX
$26.1B
| $5.1M | ﹤0.01% |
177,786
-227,201
| -56% | -$6.24M |
|
1230
Denison Mines
DNN
$2.95B
| $5.08M | ﹤0.01% |
2,775,060
-103,708
| -4% | -$174K |
|
1231
ZTO Express
ZTO
$17.4B
| $5.07M | ﹤0.01% |
238,325
+148,348
| +165% | +$3.37M |
|
1232
Vanguard Morningstar Large-Cap ETF
VV
$54.9B
| $5.07M | ﹤0.01% |
23,128
+2,123
| +10% | +$434K |
|
1233
Ralph Lauren
RL
$23.1B
| $5.07M | ﹤0.01% |
34,764
+9,992
| +40% | +$1.24M |
|
|
PARA
1234
CALL
DELISTED
Paramount Global Class B
PARA
| $5.04M | ﹤0.01% |
127,800
+117,300
| +1,117% | +$1.57M |
|
1235
Sally Beauty Holdings
SBH
$1.55B
| $5.04M | ﹤0.01% |
369,058
+5,517
| +2% | +$53.4K |
|
1236
CALL
Wheaton Precious Metals
WPM
$59.9B
| $5.03M | ﹤0.01% |
99,200
+62,800
| +173% | +$2.84M |
|
|
AXON
1237
PUT
Axon Enterprise
AXON
$50B
| $5.03M | ﹤0.01% |
19,400
| – | – |
|
|
BLD
1238
DELISTED
TopBuild
BLD
| $5.02M | ﹤0.01% |
13,227
+4,824
| +57% | +$1.38M |
|
1239
iShares MSCI Emerging Markets ex China ETF
EMXC
$24.7B
| $4.98M | ﹤0.01% |
89,668
+75,368
| +527% | +$3.88M |
|
1240
PUT
Netflix
NFLX
$326B
| $4.97M | ﹤0.01% |
101,000
| – | – |
|
1241
Hovnanian Enterprises
HOV
$799M
| $4.96M | ﹤0.01% |
31,232
+4,934
| +19% | +$496K |
|
1242
CALL
Coca-Cola
KO
$376B
| $4.96M | ﹤0.01% |
80,000
| – | – |
|
1243
NIO
NIO
$11.3B
| $4.93M | ﹤0.01% |
522,516
-151,827
| -23% | -$1.21M |
|
1244
Nexstar Media Group
NXST
$5.81B
| $4.93M | ﹤0.01% |
30,815
-2,004
| -6% | -$293K |
|
1245
Valmont Industries
VMI
$9.5B
| $4.9M | ﹤0.01% |
20,716
-11,840
| -36% | -$2.6M |
|
1246
CALL
Atkore
ATKR
$3.17B
| $4.89M | ﹤0.01% |
+30,000
| New | +$4.14M |
|
1247
Fortuna Silver Mines
FSM
$3.1B
| $4.88M | ﹤0.01% |
1,234,933
+13,236
| +1% | +$44.3K |
|
1248
CALL
Texas Instruments
TXN
$250B
| $4.86M | ﹤0.01% |
+28,000
| New | +$4.34M |
|
1249
PUT
Atlassian
TEAM
$42.1B
| $4.83M | ﹤0.01% |
20,000
| – | – |
|
|
SII
1250
Sprott
SII
$3.03B
| $4.81M | ﹤0.01% |
139,488
+34,714
| +33% | +$1.07M |
|
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 501 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 501 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.