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 | |
|---|---|---|---|---|---|---|
1401
PUT
Freeport-McMoran
FCX
$93.6B
| $3.27M | ﹤0.01% |
75,500
| – | – |
|
1402
Brighthouse Financial
BHF
$3.44B
| $3.26M | ﹤0.01% |
60,254
+52,861
| +715% | +$2.63M |
|
1403
KB Home
KBH
$3.42B
| $3.26M | ﹤0.01% |
51,634
+5,871
| +13% | +$302K |
|
1404
FT Vest US Equity Buffer ETF June
FJUN
$1.4B
| $3.25M | ﹤0.01% |
+73,600
| New | +$3.08M |
|
1405
Tenet Healthcare
THC
$21.5B
| $3.23M | ﹤0.01% |
42,407
-5,082
| -11% | -$322K |
|
1406
Global X SuperDividend ETF
SDIV
$1.21B
| $3.23M | ﹤0.01% |
+142,304
| New | +$3.04M |
|
1407
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $3.23M | ﹤0.01% |
80,100
-969,900
| -92% | -$37.4M |
|
1408
PUT
First Solar
FSLR
$24B
| $3.22M | ﹤0.01% |
18,600
| – | – |
|
1409
CALL
Unity
U
$20.2B
| $3.21M | ﹤0.01% |
75,000
| – | – |
|
1410
iShares MSCI Malaysia ETF
EWM
$332M
| $3.2M | ﹤0.01% |
150,704
+28,931
| +24% | +$608K |
|
1411
DT Midstream
DTM
$13.9B
| $3.2M | ﹤0.01% |
58,237
-7,921
| -12% | -$436K |
|
1412
CALL
US Bancorp
USB
$101B
| $3.2M | ﹤0.01% |
70,500
+30,500
| +76% | +$1.11M |
|
|
CVSA
1413
Covista Inc
CVSA
$4.36B
| $3.19M | ﹤0.01% |
53,544
+202
| +0.4% | +$10.8K |
|
|
SILV
1414
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $3.18M | ﹤0.01% |
464,113
-29,214
| -6% | -$163K |
|
1415
Helen of Troy
HELE
$696M
| $3.17M | ﹤0.01% |
25,837
+19,220
| +290% | +$2.07M |
|
1416
KB Financial Group
KB
$41.4B
| $3.13M | ﹤0.01% |
74,590
+731
| +1% | +$29.6K |
|
1417
Woodside Energy
WDS
$43.3B
| $3.12M | ﹤0.01% |
+146,727
| New | +$3.12M |
|
1418
Franklin FTSE Japan ETF
FLJP
$4.14B
| $3.11M | ﹤0.01% |
+111,089
| New | +$2.97M |
|
1419
CALL
Starbucks
SBUX
$124B
| $3.1M | ﹤0.01% |
30,000
+20,000
| +200% | +$1.95M |
|
1420
Super Micro Computer
SMCI
$25.3B
| $3.09M | ﹤0.01% |
104,690
+56,790
| +119% | +$1.57M |
|
|
SGI
1421
PUT
Somnigroup International
SGI
$13.5B
| $3.08M | ﹤0.01% |
60,000
| – | – |
|
1422
Federal Agricultural Mortgage
AGM
$2.58B
| $3.08M | ﹤0.01% |
15,529
-1,247
| -7% | -$203K |
|
1423
CubeSmart
CUBE
$9.28B
| $3.08M | ﹤0.01% |
64,837
-20,739
| -24% | -$815K |
|
1424
First Trust Water ETF
FIW
$1.92B
| $3.07M | ﹤0.01% |
32,184
+906
| +3% | +$77.7K |
|
1425
Coeur Mining
CDE
$19B
| $3.07M | ﹤0.01% |
913,620
+64,160
| +8% | +$175K |
|
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.