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 |
PayPal
PYPL
|
+$888M |
| 2 |
Walt Disney
DIS
|
+$810M |
| 3 |
XYZ
Block Inc
XYZ
|
+$780M |
| 4 |
Advanced Micro Devices
AMD
|
+$771M |
| 5 |
NVIDIA
NVDA
|
+$737M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.5B |
| 2 |
Royal Bank of Canada
RY
|
+$752M |
| 3 |
Scotiabank
BNS
|
+$724M |
| 4 |
Toronto Dominion Bank
TD
|
+$601M |
| 5 |
Amazon
AMZN
|
+$492M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.29% |
| 2 | Technology | 18% |
| 3 | Communication Services | 9.4% |
| 4 | Consumer Discretionary | 8.18% |
| 5 | Industrials | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PXD
126
DELISTED
Pioneer Natural Resource Co.
PXD
| $268M | 0.14% |
1,467,999
-278,925
| -16% | -$51.3M |
|
127
Starbucks
SBUX
$124B
| $259M | 0.14% |
2,222,099
-130,686
| -6% | -$14.7M |
|
128
TJX Companies
TJX
$169B
| $256M | 0.14% |
3,385,305
-391,793
| -10% | -$27.2M |
|
129
Vanguard S&P 500 ETF
VOO
$1.03T
| $253M | 0.13% |
575,817
-30,171
| -5% | -$12.7M |
|
130
Air Products & Chemicals
APD
$67.7B
| $251M | 0.13% |
824,840
-104,976
| -11% | -$30.8M |
|
|
SCHW
131
Charles Schwab
SCHW
$189B
| $247M | 0.13% |
2,918,842
+347,955
| +14% | +$28.1M |
|
|
TWTR
132
DELISTED
Twitter, Inc.
TWTR
| $247M | 0.13% |
5,551,649
-737,041
| -12% | -$38.3M |
|
133
Lockheed Martin
LMT
$140B
| $245M | 0.13% |
690,135
-24,548
| -3% | -$8.49M |
|
134
Lam Research
LRCX
$408B
| $242M | 0.13% |
3,336,250
+424,800
| +15% | +$26.6M |
|
135
Zoetis
ZTS
$30.4B
| $241M | 0.13% |
981,585
+15,796
| +2% | +$3.46M |
|
136
Crown Castle
CCI
$31.5B
| $237M | 0.13% |
1,136,253
-865,480
| -43% | -$160M |
|
137
Oracle
ORCL
$442B
| $235M | 0.12% |
2,668,070
-478,502
| -15% | -$44.9M |
|
138
Moderna
MRNA
$25.4B
| $234M | 0.12% |
930,716
+351,116
| +61% | +$103M |
|
139
ConocoPhillips
COP
$153B
| $234M | 0.12% |
3,239,633
-495,590
| -13% | -$36.1M |
|
140
PG&E
PCG
$38.3B
| $232M | 0.12% |
19,193,282
+915,652
| +5% | +$10.7M |
|
141
CBRE Group
CBRE
$42.7B
| $230M | 0.12% |
2,123,075
+25,347
| +1% | +$2.6M |
|
142
Simon Property Group
SPG
$71.4B
| $229M | 0.12% |
1,428,952
-159,202
| -10% | -$24.3M |
|
143
Agnico Eagle Mines
AEM
$93.8B
| $227M | 0.12% |
4,271,575
+36,535
| +0.9% | +$1.94M |
|
144
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $225M | 0.12% |
433,837
+5,453
| +1% | +$2.77M |
|
145
FirstEnergy
FE
$27.2B
| $223M | 0.12% |
5,376,731
-576,737
| -10% | -$22.2M |
|
146
Brookfield Renewable
BEP
$10.3B
| $214M | 0.11% |
6,017,601
-848,079
| -12% | -$31.3M |
|
147
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $214M | 0.11% |
4,349,614
-103,381
| -2% | -$5.2M |
|
148
Zoom
ZM
$30.8B
| $212M | 0.11% |
1,106,665
+649,035
| +142% | +$153M |
|
149
IBM
IBM
$222B
| $210M | 0.11% |
1,532,671
-454,555
| -23% | -$57M |
|
150
Bristol-Myers Squibb
BMY
$130B
| $209M | 0.11% |
3,349,178
-3,068,627
| -48% | -$180M |
|
Similar funds
Bank of Montreal's Q4 2021 Portfolio in Review
As of Q4 2021, Bank of Montreal held 4,087 positions worth $188B, down 14% from $219B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal withdrew a net $37.7B in Q4 2021, closing 620 positions and reducing 1,907 holdings. Its most notable exit was Algonquin Power & Utilities Corp Units, an estimated $54.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 24% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in Tricon Residential Inc. worth $286M.
- Bank of Montreal's largest Q4 2021 buy was Tricon Residential Inc.: 18,861,108 shares worth $286M.
- Bank of Montreal added most to PayPal in Q4 2021, an estimated $888M increase.
- Bank of Montreal's biggest Q4 2021 reduction was Apple, cutting an estimated $1.5B.
- Bank of Montreal fully exited Algonquin Power & Utilities Corp Units in Q4 2021, selling an estimated $54.6M.
- Bank of Montreal's ten largest holdings make up 24% of its $188B portfolio in Q4 2021.
- Bank of Montreal opened 406 new positions and closed 620 in Q4 2021.
- Bank of Montreal's portfolio value fell 14% quarter-over-quarter to $188B.
Based on Bank of Montreal's 13F filing for Q4 2021, filed 11 Feb 2022.