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 | |
|---|---|---|---|---|---|---|
1576
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.11B
| $2.2M | ﹤0.01% |
75,930
-321,173
| -81% | -$8.86M |
|
1577
Yeti Holdings
YETI
$3.42B
| $2.19M | ﹤0.01% |
40,936
-3,535
| -8% | -$157K |
|
1578
Spire
SR
$4.89B
| $2.18M | ﹤0.01% |
34,834
+603
| +2% | +$36K |
|
1579
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.7B
| $2.17M | ﹤0.01% |
23,554
-84,284
| -78% | -$7.4M |
|
1580
Brunswick
BC
$5.3B
| $2.16M | ﹤0.01% |
21,911
-1,336
| -6% | -$106K |
|
1581
ONE Gas
OGS
$5.08B
| $2.16M | ﹤0.01% |
33,321
+567
| +2% | +$35.8K |
|
1582
Lincoln Electric
LECO
$15.6B
| $2.15M | ﹤0.01% |
9,765
+317
| +3% | +$61.2K |
|
1583
Commerce Bancshares
CBSH
$8.67B
| $2.15M | ﹤0.01% |
43,673
-2,235
| -5% | -$96.4K |
|
|
LAR
1584
Lithium Argentina AG
LAR
$1.15B
| $2.15M | ﹤0.01% |
+323,344
| New | +$1.95M |
|
|
SPR
1585
DELISTED
Spirit AeroSystems
SPR
| $2.14M | ﹤0.01% |
67,127
-13,214
| -16% | -$324K |
|
1586
PUT
Dollar Tree
DLTR
$25.1B
| $2.14M | ﹤0.01% |
15,000
| – | – |
|
1587
PROG Holdings
PRG
$1.71B
| $2.14M | ﹤0.01% |
67,357
+600
| +0.9% | +$17.6K |
|
|
EFXT
1588
Enerflex
EFXT
$2.71B
| $2.13M | ﹤0.01% |
454,906
-803,550
| -64% | -$3.5M |
|
1589
PUT
NexGen Energy
NXE
$7.09B
| $2.13M | ﹤0.01% |
+300,000
| New | +$1.87M |
|
|
SPYM
1590
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $2.13M | ﹤0.01% |
37,916
-14
| -0% | -$733 |
|
1591
CALL
Moderna
MRNA
$25.2B
| $2.12M | ﹤0.01% |
21,300
| – | – |
|
1592
iShares US Industrials ETF
IYJ
$1.97B
| $2.12M | ﹤0.01% |
18,389
+1,862
| +11% | +$195K |
|
1593
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $2.11M | ﹤0.01% |
44,059
-872,681
| -95% | -$38.5M |
|
1594
SPS Commerce
SPSC
$2.83B
| $2.11M | ﹤0.01% |
10,711
-398
| -4% | -$69.4K |
|
|
CHX
1595
DELISTED
ChampionX
CHX
| $2.11M | ﹤0.01% |
70,649
-1,511
| -2% | -$46.8K |
|
1596
CALL
Mattel
MAT
$4.27B
| $2.1M | ﹤0.01% |
110,000
| – | – |
|
1597
Lear
LEA
$8.24B
| $2.1M | ﹤0.01% |
14,790
-71,574
| -83% | -$9.6M |
|
1598
Mueller Industries
MLI
$14.6B
| $2.1M | ﹤0.01% |
87,574
+7,354
| +9% | +$149K |
|
1599
Kinsale Capital Group
KNSL
$8.59B
| $2.1M | ﹤0.01% |
6,243
+1,454
| +30% | +$539K |
|
1600
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.95B
| $2.09M | ﹤0.01% |
76,866
+11,946
| +18% | +$314K |
|
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.