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 | |
|---|---|---|---|---|---|---|
1476
California Water Service
CWT
$3.1B
| $2.75M | ﹤0.01% |
52,184
+2,654
| +5% | +$134K |
|
1477
SolarEdge
SEDG
$1.98B
| $2.72M | ﹤0.01% |
28,154
-19,937
| -41% | -$1.81M |
|
|
CMBT
1478
CMB.TECH NV
CMBT
$4.92B
| $2.72M | ﹤0.01% |
+144,897
| New | +$2.57M |
|
1479
PUT
Plug Power
PLUG
$3.21B
| $2.72M | ﹤0.01% |
574,700
-369,000
| -39% | -$1.94M |
|
|
PPLT
1480
abrdn Physical Platinum Shares ETF
PPLT
$2B
| $2.72M | ﹤0.01% |
293,330
-1,093,370
| -79% | -$9.22M |
|
1481
Houlihan Lokey
HLI
$9.24B
| $2.71M | ﹤0.01% |
22,201
+3,163
| +17% | +$343K |
|
1482
PUT
Advanced Drainage Systems
WMS
$11.3B
| $2.71M | ﹤0.01% |
+18,600
| New | +$2.24M |
|
1483
Helmerich & Payne
HP
$4.29B
| $2.71M | ﹤0.01% |
73,766
-18,918
| -20% | -$731K |
|
1484
Grupo Aeroportuario del Sureste
ASR
$8.01B
| $2.7M | ﹤0.01% |
9,054
-282
| -3% | -$66.6K |
|
1485
Ryman Hospitality Properties
RHP
$7.82B
| $2.69M | ﹤0.01% |
24,338
-10,213
| -30% | -$973K |
|
1486
Lamar Advertising Co
LAMR
$15.8B
| $2.65M | ﹤0.01% |
24,525
-14,270
| -37% | -$1.34M |
|
|
CNH
1487
CNH Industrial
CNH
$16.7B
| $2.64M | ﹤0.01% |
215,826
-271,199
| -56% | -$3.03M |
|
1488
AngloGold Ashanti
AU
$48.1B
| $2.64M | ﹤0.01% |
137,194
+3,567
| +3% | +$64.4K |
|
1489
PUT
Madison Square Garden
MSGS
$9.97B
| $2.63M | ﹤0.01% |
+14,400
| New | +$2.49M |
|
1490
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.98B
| $2.62M | ﹤0.01% |
64,285
+36,376
| +130% | +$1.39M |
|
|
CMA
1491
CALL
DELISTED
Comerica
CMA
| $2.61M | ﹤0.01% |
46,200
+21,500
| +87% | +$972K |
|
1492
PUT
Harley-Davidson
HOG
$2.7B
| $2.61M | ﹤0.01% |
+70,000
| New | +$2.16M |
|
1493
MSC Industrial Direct
MSM
$6.67B
| $2.6M | ﹤0.01% |
25,602
-57,122
| -69% | -$5.65M |
|
1494
British American Tobacco
BTI
$124B
| $2.6M | ﹤0.01% |
88,673
-109,025
| -55% | -$3.32M |
|
1495
abrdn Physical Silver Shares ETF
SIVR
$4.47B
| $2.6M | ﹤0.01% |
+112,348
| New | +$2.5M |
|
1496
Sabesp
SBS
$17.9B
| $2.6M | ﹤0.01% |
869,369
+2,197
| +0.3% | +$5.58K |
|
1497
Annaly Capital Management
NLY
$17.6B
| $2.59M | ﹤0.01% |
126,199
+23,094
| +22% | +$412K |
|
1498
PUT
Agnico Eagle Mines
AEM
$91.3B
| $2.58M | ﹤0.01% |
46,000
-102,500
| -69% | -$5.12M |
|
1499
Avnet
AVT
$7.87B
| $2.58M | ﹤0.01% |
50,734
+28,973
| +133% | +$1.38M |
|
|
DFUS
1500
Dimensional US Equity ETF
DFUS
$21.8B
| $2.57M | ﹤0.01% |
49,265
+8,056
| +20% | +$390K |
|
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.