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 |
Royal Bank of Canada
RY
|
+$1.05B |
| 2 |
TC Energy
TRP
|
+$688M |
| 3 |
Toronto Dominion Bank
TD
|
+$601M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 5 |
Broadcom
AVGO
|
+$532M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advanced Micro Devices
AMD
|
+$324M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$240M |
| 3 |
NVIDIA
NVDA
|
+$232M |
| 4 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$220M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.73% |
| 2 | Consumer Discretionary | 17.33% |
| 3 | Financials | 14.55% |
| 4 | Technology | 12.7% |
| 5 | Miscellaneous | 12.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1526
Stem
STEM
$39.2M
| $2.56M | ﹤0.01% |
+26,604
| New | +$3.04M |
2023 Q3
0 quarters
|
|
|
ATSG
1527
DELISTED
Air Transport Services Group
ATSG
| $2.56M | ﹤0.01% |
113,482
-71
| -0.1% | -$1.48K |
2015 Q4
31 quarters
|
|
1528
Antero Midstream
AM
$9.62B
| $2.56M | ﹤0.01% |
217,995
+6,258
| +3% | +$74.1K |
2018 Q3
20 quarters
|
|
|
1529
PUT
Stem
STEM
$39.2M
| $2.56M | ﹤0.01% |
+26,525
| New | +$3.03M |
2023 Q3
0 quarters
|
|
|
LBRDA
1530
DELISTED
Liberty Broadband Class A
LBRDA
| $2.54M | ﹤0.01% |
27,512
-5,083
| -16% | -$453K |
2015 Q1
34 quarters
|
|
1531
California Water Service
CWT
$2.79B
| $2.53M | ﹤0.01% |
49,530
+878
| +2% | +$44.5K |
2013 Q2
41 quarters
|
|
1532
iShares US Aerospace & Defense ETF
ITA
$12.2B
| $2.53M | ﹤0.01% |
22,975
-173,059
| -88% | -$19.7M |
2015 Q2
33 quarters
|
|
1533
Universal Insurance Holdings
UVE
$1.2B
| $2.52M | ﹤0.01% |
+194,326
| New | +$2.73M |
2023 Q3
0 quarters
|
|
1534
State Street Real Estate Select Sector SPDR ETF
XLRE
$7.51B
| $2.52M | ﹤0.01% |
68,366
+56,667
| +484% | +$2.1M |
2016 Q3
28 quarters
|
|
1535
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.42B
| $2.51M | ﹤0.01% |
52,203
-855
| -2% | -$41.1K |
2014 Q1
38 quarters
|
|
1536
PUT
Transocean
RIG
$5.85B
| $2.51M | ﹤0.01% |
300,000
| – | – |
2022 Q2
5 quarters
|
|
1537
Markel Group
MKL
$21.4B
| $2.5M | ﹤0.01% |
1,638
-3,188
| -66% | -$4.67M |
2013 Q2
41 quarters
|
|
1538
PUT
Warner Bros
WBD
$77.6B
| $2.5M | ﹤0.01% |
210,700
+208,400
| +9,061% | +$2.6M |
2022 Q3
4 quarters
|
|
1539
Twilio
TWLO
$46.3B
| $2.49M | ﹤0.01% |
39,700
+12,559
| +46% | +$783K |
2016 Q3
28 quarters
|
|
1540
RPAR Risk Parity ETF
RPAR
$547M
| $2.49M | ﹤0.01% |
+127,431
| New | +$2.38M |
2023 Q3
0 quarters
|
|
1541
iShares MSCI USA Min Vol Factor ETF
USMV
$23.4B
| $2.48M | ﹤0.01% |
33,140
+3,525
| +12% | +$263K |
2013 Q2
41 quarters
|
|
1542
First Trust Managed Futures Strategy Fund
FMF
$287M
| $2.48M | ﹤0.01% |
+49,591
| New | +$2.42M |
2023 Q3
0 quarters
|
|
1543
ONE Gas
OGS
$4.51B
| $2.48M | ﹤0.01% |
32,754
-70
| -0.2% | -$5.29K |
2014 Q1
38 quarters
|
|
1544
IPG Photonics
IPGP
$3.56B
| $2.48M | ﹤0.01% |
24,363
+2,132
| +10% | +$241K |
2014 Q4
35 quarters
|
|
1545
Glacier Bancorp
GBCI
$5.65B
| $2.47M | ﹤0.01% |
85,268
+603
| +0.7% | +$18.7K |
2013 Q2
41 quarters
|
|
1546
KT
KT
$8.91B
| $2.46M | ﹤0.01% |
198,315
+162,700
| +457% | +$1.96M |
2023 Q2
1 quarter
|
|
1547
Global X S&P 500 Catholic Values ETF
CATH
$1.36B
| $2.45M | ﹤0.01% |
230,872
-4,538
| -2% | -$247K |
2021 Q4
7 quarters
|
|
1548
Omega Healthcare
OHI
$13.7B
| $2.45M | ﹤0.01% |
73,369
+28,339
| +63% | +$905K |
2013 Q2
41 quarters
|
|
1549
CALL
Lamb Weston
LW
$5.66B
| $2.45M | ﹤0.01% |
+24,500
| New | +$2.48M |
2023 Q3
0 quarters
|
|
1550
CALL
Moderna
MRNA
$75.4B
| $2.44M | ﹤0.01% |
21,300
| – | – |
2023 Q2
1 quarter
|
|
Similar funds
Bank of Montreal's Q3 2023 Portfolio in Review
As of Q3 2023, Bank of Montreal held 4,441 positions worth $289B, down 0.13% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q3 2023 filing shows 494 new, 1,385 increased, 1,477 reduced and 672 closed positions. Its largest new stake was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M. The largest sale was Advanced Micro Devices, an estimated $324M.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Bank of Montreal's largest Q3 2023 buy was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2023, an estimated $1.05B increase.
- Bank of Montreal's biggest Q3 2023 reduction was Advanced Micro Devices, cutting an estimated $324M.
- Bank of Montreal fully exited PG&E Corporation in Q3 2023, selling an estimated $48M.
- Bank of Montreal's ten largest holdings make up 51% of its $289B portfolio in Q3 2023.
- Bank of Montreal opened 494 new positions and closed 672 in Q3 2023.
- Bank of Montreal's portfolio value fell 0.13% quarter-over-quarter to $289B.
Based on Bank of Montreal's 13F filing for Q3 2023, filed 1 Nov 2023.