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 | Technology | 11.24% |
| 5 | Industrials | 5.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EXK
1576
Endeavour Silver
EXK
$3.17B
| $2.33M | ﹤0.01% |
600,258
+63,423
| +12% | +$210K |
|
1577
RPM International
RPM
$14.4B
| $2.32M | ﹤0.01% |
26,578
+1,573
| +6% | +$138K |
|
1578
DraftKings
DKNG
$12.9B
| $2.32M | ﹤0.01% |
118,409
-37,093
| -24% | -$617K |
|
1579
Antero Midstream
AM
$10.7B
| $2.31M | ﹤0.01% |
218,791
+5,890
| +3% | +$62.7K |
|
|
AZPN
1580
CALL
DELISTED
Aspen Technology Inc
AZPN
| $2.3M | ﹤0.01% |
+10,000
| New | +$2.07M |
|
1581
Equinor
EQNR
$97.1B
| $2.3M | ﹤0.01% |
71,310
-72,153
| -50% | -$2.18M |
|
1582
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $2.3M | ﹤0.01% |
51,136
-4,879
| -9% | -$210K |
|
1583
POSCO
PKX
$17.8B
| $2.29M | ﹤0.01% |
32,532
-12,914
| -28% | -$796K |
|
1584
iShares US Telecommunications ETF
IYZ
$1.23B
| $2.28M | ﹤0.01% |
96,745
-20,699
| -18% | -$483K |
|
1585
FlexShares International Quality Dividend Dynamic Index Fund
IQDY
$114M
| $2.26M | ﹤0.01% |
85,845
+85,844
| +8,584,400% | +$2.23M |
|
|
ABP
1586
DELISTED
Abpro Holdings
ABP
| $2.26M | ﹤0.01% |
7,248
+6,324
| +684% | +$1.95M |
|
1587
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$175M
| $2.26M | ﹤0.01% |
+49,800
| New | +$2.27M |
|
1588
Axalta
AXTA
$7.96B
| $2.26M | ﹤0.01% |
74,486
+41,733
| +127% | +$1.2M |
|
1589
LXP Industrial Trust
LXP
$3.57B
| $2.26M | ﹤0.01% |
43,735
+450
| +1% | +$24.1K |
|
1590
ScottsMiracle-Gro
SMG
$3.57B
| $2.24M | ﹤0.01% |
32,119
-257
| -0.8% | -$18.5K |
|
1591
Lincoln National
LNC
$8.76B
| $2.23M | ﹤0.01% |
99,216
-19,345
| -16% | -$575K |
|
1592
Old Republic International
ORI
$10.3B
| $2.23M | ﹤0.01% |
89,238
+7,692
| +9% | +$194K |
|
|
IAUX
1593
i-80 Gold Corp
IAUX
$1.47B
| $2.23M | ﹤0.01% |
911,595
-284,269
| -24% | -$707K |
|
1594
Coinbase
COIN
$39.8B
| $2.22M | ﹤0.01% |
32,653
-43,132
| -57% | -$2.58M |
|
|
AL
1595
DELISTED
Air Lease Corp
AL
| $2.22M | ﹤0.01% |
56,387
-230
| -0.4% | -$9.63K |
|
1596
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $2.22M | ﹤0.01% |
17,853
+2,470
| +16% | +$297K |
|
1597
SentinelOne
S
$7.94B
| $2.21M | ﹤0.01% |
135,205
+1,808
| +1% | +$27.3K |
|
1598
PUT
Chevron
CVX
$394B
| $2.21M | ﹤0.01% |
12,100
-37,900
| -76% | -$6.35M |
|
1599
Sprott Physical Silver Trust
PSLV
$13.4B
| $2.21M | ﹤0.01% |
264,772
-128,842
| -33% | -$995K |
|
1600
Rivian
RIVN
$22.6B
| $2.19M | ﹤0.01% |
141,634
+7,559
| +6% | +$128K |
|
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 581 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 581 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.