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 | |
|---|---|---|---|---|---|---|---|
1501
Tradeweb Markets
TW
$21.8B
| $2.55M | ﹤0.01% |
27,999
-20,273
| -42% | -$1.81M |
2019 Q2
18 quarters
|
|
1502
Shoals Technologies Group
SHLS
$1.37B
| $2.55M | ﹤0.01% |
161,126
+39,815
| +33% | +$603K |
2021 Q1
11 quarters
|
|
1503
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$95.6B
| $2.55M | ﹤0.01% |
+16,100
| New | +$2.34M |
2023 Q4
0 quarters
|
|
1504
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.25B
| $2.55M | ﹤0.01% |
13,516
-5,614
| -29% | -$938K |
2013 Q2
42 quarters
|
|
1505
iShares US Telecommunications ETF
IYZ
$1.08B
| $2.55M | ﹤0.01% |
107,928
+8,902
| +9% | +$191K |
2013 Q2
42 quarters
|
|
|
AL
1506
DELISTED
Air Lease Corp
AL
| $2.54M | ﹤0.01% |
60,393
-9,215
| -13% | -$349K |
2013 Q2
42 quarters
|
|
1507
Amplify Alternative Harvest ETF
MJ
$104M
| $2.54M | ﹤0.01% |
64,752
+595
| +0.9% | +$22.4K |
2018 Q4
20 quarters
|
|
1508
Thor Industries
THO
$3.56B
| $2.54M | ﹤0.01% |
21,127
+1,842
| +10% | +$184K |
2013 Q2
42 quarters
|
|
1509
Clearway Energy Class C
CWEN
$5.98B
| $2.53M | ﹤0.01% |
90,919
+37,246
| +69% | +$869K |
2014 Q4
36 quarters
|
|
1510
Grand Canyon Education
LOPE
$4.01B
| $2.52M | ﹤0.01% |
17,703
+1,748
| +11% | +$227K |
2013 Q2
42 quarters
|
|
1511
New Fortress Energy
NFE
$33.8M
| $2.52M | ﹤0.01% |
1,310
+12
| +0.9% | +$20.7K |
2022 Q2
6 quarters
|
|
1512
CALL
Palo Alto Networks
PANW
$324B
| $2.51M | ﹤0.01% |
17,000
| – | – |
2023 Q2
2 quarters
|
|
1513
iShares MSCI USA Min Vol Factor ETF
USMV
$23.4B
| $2.51M | ﹤0.01% |
32,173
-967
| -3% | -$72.2K |
2013 Q2
42 quarters
|
|
1514
Southwest Gas
SWX
$5.92B
| $2.51M | ﹤0.01% |
38,789
+2,764
| +8% | +$166K |
2013 Q2
42 quarters
|
|
1515
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.42B
| $2.51M | ﹤0.01% |
50,927
-1,276
| -2% | -$61.7K |
2014 Q1
39 quarters
|
|
1516
CALL
TFI International
TFII
$9.91B
| $2.5M | ﹤0.01% |
+18,300
| New | +$2.17M |
2023 Q4
0 quarters
|
|
1517
Carvana
CVNA
$45.4B
| $2.5M | ﹤0.01% |
225,390
-2,095,025
| -90% | -$15.7M |
2017 Q3
25 quarters
|
|
|
BAND
1518
Bandwidth Inc
BAND
$2.01B
| $2.5M | ﹤0.01% |
167,267
-3,023
| -2% | -$35.3K |
2019 Q2
18 quarters
|
|
1519
PUT
Johnson & Johnson
JNJ
$623B
| $2.5M | ﹤0.01% |
15,700
-17,300
| -52% | -$2.65M |
2022 Q3
5 quarters
|
|
1520
iShares MSCI Global Sustainable Development Goals ETF
SDG
$160M
| $2.49M | ﹤0.01% |
+30,681
| New | +$2.32M |
2023 Q4
0 quarters
|
|
1521
iShares US Consumer Staples ETF
IYK
$1.37B
| $2.48M | ﹤0.01% |
38,850
-4,323
| -10% | -$269K |
2013 Q2
42 quarters
|
|
1522
WIX.com
WIX
$3.07B
| $2.48M | ﹤0.01% |
19,695
-10
| -0.1% | -$965 |
2015 Q4
32 quarters
|
|
1523
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $2.47M | ﹤0.01% |
48,048
+6,062
| +14% | +$296K |
2013 Q2
42 quarters
|
|
1524
Huazhu Hotels Group
HTHT
$13.3B
| $2.47M | ﹤0.01% |
73,689
-97,905
| -57% | -$3.5M |
2023 Q3
1 quarter
|
|
1525
NetEase
NTES
$77.2B
| $2.47M | ﹤0.01% |
26,398
-110,637
| -81% | -$11.8M |
2023 Q2
2 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.