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 | |
|---|---|---|---|---|---|---|
1301
Murphy Oil
MUR
$5.06B
| $4.16M | ﹤0.01% |
96,183
+36,916
| +62% | +$1.62M |
|
1302
State Street Blackstone Senior Loan ETF
SRLN
$5.38B
| $4.12M | ﹤0.01% |
98,219
+1,544
| +2% | +$64.3K |
|
1303
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$378M
| $4.12M | ﹤0.01% |
71,185
+70,667
| +13,642% | +$3.91M |
|
1304
IPG Photonics
IPGP
$3.71B
| $4.11M | ﹤0.01% |
37,268
+12,905
| +53% | +$1.25M |
|
1305
iShares US Financials ETF
IYF
$4.44B
| $4.11M | ﹤0.01% |
47,921
-1,743
| -4% | -$136K |
|
1306
Leggett & Platt
LEG
$1.29B
| $4.09M | ﹤0.01% |
153,612
+47,372
| +45% | +$1.16M |
|
1307
CI&T Inc
CINT
$465M
| $4.08M | ﹤0.01% |
+751,655
| New | +$3.94M |
|
1308
PUT
United States Oil Fund
USO
$1.77B
| $4.08M | ﹤0.01% |
56,900
-74,600
| -57% | -$5.41M |
|
1309
Rexford Industrial Realty
REXR
$8.11B
| $4.05M | ﹤0.01% |
71,074
+8,479
| +14% | +$415K |
|
1310
US Foods
USFD
$24B
| $4.05M | ﹤0.01% |
88,460
+23,601
| +36% | +$976K |
|
1311
Global X Uranium ETF
URA
$6.31B
| $4.03M | ﹤0.01% |
145,517
-29,986
| -17% | -$823K |
|
1312
Pediatrix Medical
MD
$2.15B
| $4.01M | ﹤0.01% |
421,350
+392,788
| +1,375% | +$4.06M |
|
1313
Hexcel
HXL
$7.74B
| $4M | ﹤0.01% |
53,900
+348
| +0.6% | +$23.5K |
|
1314
American Well
AMWL
$215M
| $4M | ﹤0.01% |
+127,339
| New | +$3.13M |
|
1315
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $3.99M | ﹤0.01% |
68,357
-880
| -1% | -$50.9K |
|
1316
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $3.99M | ﹤0.01% |
105,158
+98,011
| +1,371% | +$3.5M |
|
|
WIRE
1317
PUT
DELISTED
Encore Wire Corp
WIRE
| $3.98M | ﹤0.01% |
+18,500
| New | +$3.52M |
|
1318
Reliance Steel & Aluminium
RS
$21.7B
| $3.98M | ﹤0.01% |
14,051
+785
| +6% | +$208K |
|
1319
PUT
Cisco
CSCO
$447B
| $3.97M | ﹤0.01% |
70,100
| – | – |
|
1320
Toll Brothers
TOL
$13.9B
| $3.97M | ﹤0.01% |
38,012
-33,708
| -47% | -$2.81M |
|
1321
Algoma Steel
ASTL
$470M
| $3.89M | ﹤0.01% |
384,003
-120,949
| -24% | -$936K |
|
1322
Gold Royalty Corp
GROY
$732M
| $3.88M | ﹤0.01% |
2,503,678
-128,071
| -5% | -$179K |
|
1323
Vodafone
VOD
$37.2B
| $3.88M | ﹤0.01% |
429,086
-532,774
| -55% | -$4.87M |
|
1324
Travel + Leisure Co
TNL
$4.58B
| $3.86M | ﹤0.01% |
66,366
+336
| +0.5% | +$12.2K |
|
1325
nVent Electric
NVT
$27.7B
| $3.85M | ﹤0.01% |
64,801
-1,969
| -3% | -$104K |
|
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.