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 | Miscellaneous | 12.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1451
CALL
Amgen
AMGN
$220B
| $2.89M | ﹤0.01% |
10,000
+5,000
| +100% | +$1.36M |
2023 Q3
1 quarter
|
|
1452
Antero Midstream
AM
$9.62B
| $2.88M | ﹤0.01% |
217,564
-431
| -0.2% | -$5.43K |
2018 Q3
21 quarters
|
|
1453
CALL
Applovin
APP
$94.1B
| $2.88M | ﹤0.01% |
+70,000
| New | +$2.74M |
2023 Q4
0 quarters
|
|
1454
Vanguard Industrials ETF
VIS
$7.71B
| $2.88M | ﹤0.01% |
12,992
+9,919
| +323% | +$2M |
2013 Q3
41 quarters
|
|
1455
Texas Pacific Land
TPL
$23.2B
| $2.87M | ﹤0.01% |
15,678
+3,204
| +26% | +$609K |
2013 Q2
42 quarters
|
|
1456
Matador Resources
MTDR
$6.55B
| $2.87M | ﹤0.01% |
49,108
-25,894
| -35% | -$1.52M |
2013 Q2
42 quarters
|
|
1457
PUT
General Dynamics
GD
$90B
| $2.86M | ﹤0.01% |
11,000
+7,500
| +214% | +$1.83M |
2023 Q3
1 quarter
|
|
1458
e.l.f. Beauty
ELF
$6.14B
| $2.85M | ﹤0.01% |
19,461
+10,223
| +111% | +$1.18M |
2017 Q1
27 quarters
|
|
1459
Neuberger Commodity Strategy ETF
NBCM
$530M
| $2.85M | ﹤0.01% |
136,215
+59,807
| +78% | +$1.31M |
2023 Q2
2 quarters
|
|
1460
Alcoa
AA
$11.1B
| $2.85M | ﹤0.01% |
82,143
-60,824
| -43% | -$1.65M |
2013 Q2
42 quarters
|
|
1461
PUT
Shopify
SHOP
$192B
| $2.84M | ﹤0.01% |
35,900
-200,000
| -85% | -$12.8M |
2022 Q3
5 quarters
|
|
1462
JPMorgan Equity Premium Income ETF
JEPI
$45B
| $2.83M | ﹤0.01% |
51,515
+38,387
| +292% | +$2.07M |
2021 Q4
8 quarters
|
|
|
NGMS
1463
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $2.82M | ﹤0.01% |
+98,628
| New | +$2.67M |
2023 Q4
0 quarters
|
|
1464
Chegg
CHGG
$78.9M
| $2.82M | ﹤0.01% |
247,350
-5,894
| -2% | -$55.9K |
2018 Q2
22 quarters
|
|
1465
News Corp Class B
NWS
$17B
| $2.82M | ﹤0.01% |
109,165
+48,678
| +80% | +$1.1M |
2013 Q3
41 quarters
|
|
1466
LGI Homes
LGIH
$1.11B
| $2.82M | ﹤0.01% |
20,780
+18,773
| +935% | +$2.08M |
2022 Q4
4 quarters
|
|
1467
PUT
Texas Roadhouse
TXRH
$10.3B
| $2.8M | ﹤0.01% |
22,800
+1,800
| +9% | +$192K |
2023 Q2
2 quarters
|
|
1468
Unum
UNM
$13.9B
| $2.79M | ﹤0.01% |
61,572
-26,030
| -30% | -$1.19M |
2013 Q2
42 quarters
|
|
1469
Globant
GLOB
$1.6B
| $2.79M | ﹤0.01% |
11,567
-282
| -2% | -$57.6K |
2016 Q2
30 quarters
|
|
|
CYBR
1470
DELISTED
CyberArk
CYBR
| $2.78M | ﹤0.01% |
12,583
+8
| +0.1% | +$1.48K |
2015 Q1
35 quarters
|
|
1471
Petrobras
PBR
$135B
| $2.77M | ﹤0.01% |
172,449
+2,798
| +2% | +$42.9K |
2021 Q1
11 quarters
|
|
|
DFAI
1472
Dimensional International Core Equity Market ETF
DFAI
$17.5B
| $2.77M | ﹤0.01% |
96,644
+22,224
| +30% | +$593K |
2021 Q4
8 quarters
|
|
1473
Alerian MLP ETF
AMLP
$12.7B
| $2.77M | ﹤0.01% |
64,848
-2,092
| -3% | -$88.7K |
2013 Q2
42 quarters
|
|
1474
PUT
KraneShares CSI China Internet ETF
KWEB
$4.64B
| $2.77M | ﹤0.01% |
+100,000
| New | +$2.71M |
2023 Q4
0 quarters
|
|
1475
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $2.75M | ﹤0.01% |
18,635
+1,158
| +7% | +$160K |
2016 Q2
30 quarters
|
|
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 500 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 500 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.