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 | Miscellaneous | 12.48% |
| 5 | Technology | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1651
CALL
Lamb Weston
LW
$5.66B
| $1.9M | ﹤0.01% |
+18,200
| New | +$1.8M |
2023 Q1
0 quarters
|
|
1652
Kforce
KFRC
$968M
| $1.89M | ﹤0.01% |
29,871
+1,166
| +4% | +$69.3K |
2022 Q4
1 quarter
|
|
1653
Vanguard Extended Market ETF
VXF
$30.3B
| $1.89M | ﹤0.01% |
13,464
+10,977
| +441% | +$1.56M |
2019 Q3
14 quarters
|
|
1654
PUT
KraneShares CSI China Internet ETF
KWEB
$4.64B
| $1.88M | ﹤0.01% |
+60,000
| New | +$1.92M |
2023 Q1
0 quarters
|
|
1655
CALL
Occidental Petroleum
OXY
$57.8B
| $1.88M | ﹤0.01% |
+30,000
| New | +$1.86M |
2023 Q1
0 quarters
|
|
1656
Universal Display
OLED
$3.56B
| $1.88M | ﹤0.01% |
12,123
+5,064
| +72% | +$681K |
2015 Q3
30 quarters
|
|
1657
Goosehead Insurance
GSHD
$1.12B
| $1.88M | ﹤0.01% |
35,937
+8,025
| +29% | +$348K |
2019 Q2
15 quarters
|
|
|
UNVR
1658
DELISTED
Univar Solutions Inc.
UNVR
| $1.87M | ﹤0.01% |
53,418
-918
| -2% | -$31.1K |
2017 Q4
21 quarters
|
|
1659
Rayonier
RYN
$5.42B
| $1.87M | ﹤0.01% |
62,048
+33,557
| +118% | +$1.04M |
2013 Q2
39 quarters
|
|
1660
VanEck High Yield Muni ETF
HYD
$3.91B
| $1.87M | ﹤0.01% |
36,080
+11,219
| +45% | +$579K |
2021 Q2
7 quarters
|
|
1661
Mueller Industries
MLI
$13.6B
| $1.85M | ﹤0.01% |
100,512
-5,136
| -5% | -$89.7K |
2013 Q2
39 quarters
|
|
1662
OPAL Fuels
OPAL
$53M
| $1.85M | ﹤0.01% |
+263,299
| New | +$1.93M |
2023 Q1
0 quarters
|
|
1663
iShares Global Infrastructure ETF
IGF
$10B
| $1.84M | ﹤0.01% |
38,642
+33,427
| +641% | +$1.58M |
2021 Q2
7 quarters
|
|
|
CYBR
1664
DELISTED
CyberArk
CYBR
| $1.84M | ﹤0.01% |
12,420
+1,624
| +15% | +$227K |
2015 Q1
32 quarters
|
|
1665
Builders FirstSource
BLDR
$6.17B
| $1.83M | ﹤0.01% |
20,558
-2,251
| -10% | -$178K |
2015 Q2
31 quarters
|
|
1666
Lincoln Electric
LECO
$14.7B
| $1.82M | ﹤0.01% |
10,744
-396
| -4% | -$65.3K |
2013 Q2
39 quarters
|
|
|
DFUS
1667
Dimensional US Equity ETF
DFUS
$21.4B
| $1.81M | ﹤0.01% |
40,786
-3,219
| -7% | -$140K |
2022 Q3
2 quarters
|
|
1668
CALL
Agnico Eagle Mines
AEM
$91.4B
| $1.81M | ﹤0.01% |
35,000
-34,000
| -49% | -$1.75M |
2022 Q3
2 quarters
|
|
1669
Annaly Capital Management
NLY
$14.1B
| $1.81M | ﹤0.01% |
94,150
-4,090
| -4% | -$86.3K |
2013 Q2
39 quarters
|
|
1670
Five Below
FIVE
$12.2B
| $1.81M | ﹤0.01% |
8,755
+115
| +1% | +$22.6K |
2013 Q2
39 quarters
|
|
1671
Houlihan Lokey
HLI
$8.97B
| $1.81M | ﹤0.01% |
20,331
+861
| +4% | +$81K |
2018 Q2
19 quarters
|
|
1672
Hovnanian Enterprises
HOV
$685M
| $1.8M | ﹤0.01% |
26,499
+162
| +0.6% | +$9.9K |
2021 Q3
6 quarters
|
|
1673
Snap
SNAP
$9.56B
| $1.79M | ﹤0.01% |
121,859
-319,710
| -72% | -$3.36M |
2017 Q1
24 quarters
|
|
1674
PUT
Upstart Holdings
UPST
$2.23B
| $1.79M | ﹤0.01% |
112,500
+111,500
| +11,150% | +$1.88M |
2021 Q4
5 quarters
|
|
|
ARYE
1675
DELISTED
ARYA Sciences Acquisition Corp V Class A Ordinary Shares
ARYE
| $1.79M | ﹤0.01% |
175,000
| – | – |
2022 Q3
2 quarters
|
|
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 580 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 580 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.