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 | |
|---|---|---|---|---|---|---|
|
CFLT
1276
DELISTED
Confluent
CFLT
| $4.48M | ﹤0.01% |
184,606
-17,798
| -9% | -$430K |
|
1277
PUT
iShares Biotechnology ETF
IBB
$9.77B
| $4.46M | ﹤0.01% |
32,500
+30,000
| +1,200% | +$3.66M |
|
|
NS
1278
DELISTED
NuStar Energy L.P.
NS
| $4.45M | ﹤0.01% |
237,946
-218,471
| -48% | -$3.9M |
|
1279
Stride
LRN
$3.27B
| $4.43M | ﹤0.01% |
74,348
-1,421
| -2% | -$77.8K |
|
1280
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.33B
| $4.4M | ﹤0.01% |
46,250
-13,158
| -22% | -$1.2M |
|
1281
State Street SPDR S&P Global Infrastructure ETF
GII
$930M
| $4.39M | ﹤0.01% |
80,018
-7,348
| -8% | -$371K |
|
1282
PUT
Sabre
SABR
$831M
| $4.38M | ﹤0.01% |
980,000
+280,000
| +40% | +$1.08M |
|
1283
Turning Point Brands
TPB
$1.73B
| $4.38M | ﹤0.01% |
165,585
-95,024
| -36% | -$2.17M |
|
1284
Vanguard Ultra-Short Bond ETF
VUSB
$9.34B
| $4.37M | ﹤0.01% |
88,400
+55,394
| +168% | +$2.73M |
|
1285
PUT
lululemon athletica
LULU
$13.7B
| $4.36M | ﹤0.01% |
+8,500
| New | +$3.67M |
|
1286
Alaska Air
ALK
$5.3B
| $4.33M | ﹤0.01% |
108,402
-161,640
| -60% | -$5.76M |
|
1287
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $4.32M | ﹤0.01% |
85,220
-24,174
| -22% | -$1.23M |
|
1288
The Ensign Group
ENSG
$10.6B
| $4.3M | ﹤0.01% |
37,578
-86
| -0.2% | -$8.88K |
|
1289
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.17B
| $4.26M | ﹤0.01% |
64,080
+61,790
| +2,698% | +$3.13M |
|
1290
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$541M
| $4.26M | ﹤0.01% |
45,321
+3,608
| +9% | +$334K |
|
1291
AeroVironment
AVAV
$9.59B
| $4.25M | ﹤0.01% |
31,631
+28,917
| +1,065% | +$3.54M |
|
1292
PUT
Cenovus Energy
CVE
$56.4B
| $4.25M | ﹤0.01% |
250,000
+139,400
| +126% | +$2.55M |
|
1293
Equinor
EQNR
$96.3B
| $4.24M | ﹤0.01% |
130,913
-102,958
| -44% | -$3.33M |
|
1294
CALL
RH
RH
$3.41B
| $4.24M | ﹤0.01% |
+14,000
| New | +$3.62M |
|
1295
Establishment Labs
ESTA
$2.25B
| $4.23M | ﹤0.01% |
162,704
| – | – |
|
1296
Dorian LPG
LPG
$1.91B
| $4.2M | ﹤0.01% |
92,710
-209
| -0.2% | -$7.77K |
|
|
GHIX
1297
DELISTED
Gores Holdings IX, Inc. Class A Common Stock
GHIX
| $4.2M | ﹤0.01% |
400,003
-41,522
| -9% | -$434K |
|
1298
PUT
United Airlines
UAL
$40.6B
| $4.2M | ﹤0.01% |
100,000
-2,500
| -2% | -$98.3K |
|
1299
CALL
MasTec
MTZ
$22.6B
| $4.19M | ﹤0.01% |
+55,000
| New | +$3.44M |
|
1300
PUT
Macy's
M
$6.26B
| $4.17M | ﹤0.01% |
205,000
| – | – |
|
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.