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 | |
|---|---|---|---|---|---|---|---|
1476
Mohawk Industries
MHK
$8.48B
| $2.78M | ﹤0.01% |
27,654
-19,185
| -41% | -$2.09M |
2013 Q2
39 quarters
|
|
1477
CALL
American International
AIG
$39.4B
| $2.78M | ﹤0.01% |
49,000
-46,000
| -48% | -$2.69M |
2022 Q3
2 quarters
|
|
|
BAND
1478
Bandwidth Inc
BAND
$2.01B
| $2.77M | ﹤0.01% |
181,200
-5,978
| -3% | -$120K |
2019 Q2
15 quarters
|
|
1479
Aramark
ARMK
$14.4B
| $2.77M | ﹤0.01% |
107,142
+37,280
| +53% | +$1.06M |
2015 Q1
32 quarters
|
|
|
GAP
1480
PUT
The Gap Inc
GAP
$7.98B
| $2.77M | ﹤0.01% |
275,500
| – | – |
2022 Q4
1 quarter
|
|
1481
CALL
CrowdStrike
CRWD
$272B
| $2.75M | ﹤0.01% |
+80,000
| New | +$2.31M |
2023 Q1
0 quarters
|
|
|
1482
PUT
CrowdStrike
CRWD
$272B
| $2.75M | ﹤0.01% |
80,000
-150,000
| -65% | -$4.34M |
2022 Q1
4 quarters
|
|
1483
PUT
United States Natural Gas Fund
UNG
$515M
| $2.75M | ﹤0.01% |
98,825
+78,825
| +394% | +$2.86M |
2022 Q3
2 quarters
|
|
1484
Plains GP Holdings
PAGP
$5.13B
| $2.74M | ﹤0.01% |
208,650
+163,480
| +362% | +$2.14M |
2022 Q4
1 quarter
|
|
1485
Healthcare Realty
HR
$5.97B
| $2.73M | ﹤0.01% |
141,383
+9,504
| +7% | +$192K |
2013 Q2
39 quarters
|
|
|
BWAQ
1486
DELISTED
Blue World Acquisition Corporation Class A Ordinary Shares
BWAQ
| $2.73M | ﹤0.01% |
260,500
| – | – |
2022 Q2
3 quarters
|
|
1487
PUT
General Motors
GM
$69.6B
| $2.72M | ﹤0.01% |
71,100
-62,800
| -47% | -$2.37M |
2022 Q1
4 quarters
|
|
1488
Huntsman Corp
HUN
$1.52B
| $2.71M | ﹤0.01% |
93,492
-10,271
| -10% | -$306K |
2013 Q2
39 quarters
|
|
|
LBRDA
1489
DELISTED
Liberty Broadband Class A
LBRDA
| $2.7M | ﹤0.01% |
32,809
+251
| +0.8% | +$21.7K |
2015 Q1
32 quarters
|
|
1490
CALL
Norwegian Cruise Line
NCLH
$6.72B
| $2.69M | ﹤0.01% |
200,000
-1,591,500
| -89% | -$23.8M |
2021 Q4
5 quarters
|
|
1491
Telkom Indonesia
TLK
$12.2B
| $2.69M | ﹤0.01% |
98,127
+2,016
| +2% | +$51.9K |
2013 Q2
39 quarters
|
|
1492
Newell Brands
NWL
$2.26B
| $2.68M | ﹤0.01% |
215,095
-94,920
| -31% | -$1.34M |
2013 Q2
39 quarters
|
|
|
MPT
1493
PUT
Medical Properties Trust
MPT
$2.01B
| $2.68M | ﹤0.01% |
325,000
+145,000
| +81% | +$1.6M |
2022 Q4
1 quarter
|
|
1494
Commerce Bancshares
CBSH
$7.86B
| $2.68M | ﹤0.01% |
51,858
+3,892
| +8% | +$217K |
2013 Q2
39 quarters
|
|
|
CHX
1495
DELISTED
ChampionX
CHX
| $2.67M | ﹤0.01% |
84,026
+10,054
| +14% | +$300K |
2018 Q2
19 quarters
|
|
1496
Deckers Outdoor
DECK
$10.8B
| $2.67M | ﹤0.01% |
35,550
-10,986
| -24% | -$768K |
2013 Q2
39 quarters
|
|
1497
CALL
KraneShares CSI China Internet ETF
KWEB
$4.64B
| $2.67M | ﹤0.01% |
+85,000
| New | +$2.72M |
2023 Q1
0 quarters
|
|
1498
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$346M
| $2.66M | ﹤0.01% |
85,639
+83,565
| +4,029% | +$2.59M |
2013 Q2
39 quarters
|
|
1499
Southwest Gas
SWX
$5.92B
| $2.66M | ﹤0.01% |
42,245
+1,255
| +3% | +$80K |
2013 Q2
39 quarters
|
|
1500
Zions Bancorporation
ZION
$9.14B
| $2.66M | ﹤0.01% |
85,124
+3,204
| +4% | +$147K |
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.