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 |
Brookfield
BN
|
+$1.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$636M |
| 3 |
Toronto Dominion Bank
TD
|
+$563M |
| 4 |
Scotiabank
BNS
|
+$505M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Suncor Energy
SU
|
+$439M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$314M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$209M |
| 4 |
SJR
Shaw Communications Inc.
SJR
|
+$209M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.37% |
| 2 | Financials | 18.09% |
| 3 | Consumer Discretionary | 15.83% |
| 4 | Miscellaneous | 12.48% |
| 5 | Technology | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
AZEK
1426
DELISTED
The AZEK Co
AZEK
| $3.03M | ﹤0.01% |
128,517
+69,199
| +117% | +$1.64M |
2022 Q4
1 quarter
|
|
1427
AB Tax-Aware Short Duration Municipal ETF
TAFI
$1.35B
| $3.03M | ﹤0.01% |
+120,140
| New | +$3.01M |
2023 Q1
0 quarters
|
|
1428
HEICO Corp Class A
HEI.A
$32.3B
| $3.02M | ﹤0.01% |
22,170
+20,910
| +1,660% | +$2.77M |
2015 Q4
29 quarters
|
|
1429
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.41B
| $3.02M | ﹤0.01% |
+102,833
| New | +$2.97M |
2023 Q1
0 quarters
|
|
1430
iShares Core S&P Total US Stock Market ETF
ITOT
$96B
| $3.02M | ﹤0.01% |
33,304
+1,968
| +6% | +$175K |
2013 Q2
39 quarters
|
|
1431
DXC Technology
DXC
$1.86B
| $3.01M | ﹤0.01% |
117,662
-15,963
| -12% | -$435K |
2017 Q2
23 quarters
|
|
|
SYNH
1432
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $3M | ﹤0.01% |
83,826
+51,426
| +159% | +$1.87M |
2015 Q3
30 quarters
|
|
1433
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.42B
| $2.99M | ﹤0.01% |
61,561
-21,786
| -26% | -$1.05M |
2014 Q1
36 quarters
|
|
|
ABST
1434
DELISTED
Absolute Software Corp
ABST
| $2.99M | ﹤0.01% |
348,070
+36,603
| +12% | +$357K |
2020 Q4
9 quarters
|
|
1435
Denison Mines
DNN
$2.3B
| $2.98M | ﹤0.01% |
2,722,864
-247,532
| -8% | -$306K |
2013 Q2
39 quarters
|
|
1436
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$13.1B
| $2.98M | ﹤0.01% |
34,475
-2,037
| -6% | -$176K |
2013 Q2
39 quarters
|
|
1437
Rogers Corp
ROG
$2.78B
| $2.97M | ﹤0.01% |
18,166
-8,889
| -33% | -$1.28M |
2013 Q2
39 quarters
|
|
1438
PUT
Robinhood
HOOD
$99.9B
| $2.97M | ﹤0.01% |
305,900
+36,700
| +14% | +$350K |
2021 Q4
5 quarters
|
|
1439
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.9B
| $2.97M | ﹤0.01% |
29,897
-55,155
| -65% | -$5.47M |
2013 Q2
39 quarters
|
|
|
ONC
1440
BeOne Medicines Ltd
ONC
$40.6B
| $2.97M | ﹤0.01% |
13,213
+173
| +1% | +$41.5K |
2016 Q2
27 quarters
|
|
1441
Fortune Brands Innovations
FBIN
$4.6B
| $2.93M | ﹤0.01% |
49,759
-6,516
| -12% | -$398K |
2013 Q2
39 quarters
|
|
1442
WIX.com
WIX
$3.07B
| $2.92M | ﹤0.01% |
29,215
+9,757
| +50% | +$857K |
2015 Q4
29 quarters
|
|
1443
Amplify Alternative Harvest ETF
MJ
$104M
| $2.92M | ﹤0.01% |
68,492
+1,661
| +2% | +$82.4K |
2018 Q4
17 quarters
|
|
1444
Toll Brothers
TOL
$12.6B
| $2.91M | ﹤0.01% |
48,477
+2,855
| +6% | +$165K |
2013 Q2
39 quarters
|
|
1445
State Street SPDR S&P Bank ETF
KBE
$1.48B
| $2.91M | ﹤0.01% |
78,281
+30,748
| +65% | +$1.38M |
2013 Q2
39 quarters
|
|
1446
DT Midstream
DTM
$12.2B
| $2.91M | ﹤0.01% |
58,833
+1,154
| +2% | +$59.8K |
2021 Q3
6 quarters
|
|
1447
New Oriental
EDU
$8.62B
| $2.9M | ﹤0.01% |
+70,974
| New | +$2.87M |
2023 Q1
0 quarters
|
|
1448
Owens Corning
OC
$9.26B
| $2.89M | ﹤0.01% |
30,125
+4,708
| +19% | +$446K |
2014 Q1
36 quarters
|
|
1449
Mitek Systems
MITK
$810M
| $2.89M | ﹤0.01% |
300,888
+2,117
| +0.7% | +$20.3K |
2020 Q2
11 quarters
|
|
1450
Grupo Aeroportuario del Sureste
ASR
$6.94B
| $2.88M | ﹤0.01% |
9,203
+256
| +3% | +$72.1K |
2013 Q2
39 quarters
|
|
Similar funds
Bank of Montreal's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of Montreal held 4,502 positions worth $250B, up 8.3% from $231B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Bank of Montreal's Q1 2023 filing shows 580 new, 1,570 increased, 1,270 reduced and 751 closed positions. Its largest new stake was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M. The largest sale was Suncor Energy, an estimated $439M.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, down from 22% a quarter earlier, followed by Financials and Consumer Discretionary.
- Bank of Montreal's largest Q1 2023 buy was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M.
- Bank of Montreal added most to Brookfield in Q1 2023, an estimated $1.22B increase.
- Bank of Montreal's biggest Q1 2023 reduction was Suncor Energy, cutting an estimated $439M.
- Bank of Montreal fully exited CI Financial Corp. in Q1 2023, selling an estimated $41.3M.
- Bank of Montreal's ten largest holdings make up 50% of its $250B portfolio in Q1 2023.
- Bank of Montreal opened 580 new positions and closed 751 in Q1 2023.
- Bank of Montreal's portfolio value rose 8.3% quarter-over-quarter to $250B.
Based on Bank of Montreal's 13F filing for Q1 2023, filed 13 Jun 2024.