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 | |
|---|---|---|---|---|---|---|---|
1651
Paylocity
PCTY
$7.78B
| $1.89M | ﹤0.01% |
11,214
-20,113
| -64% | -$3.39M |
2014 Q4
36 quarters
|
|
1652
Americold
COLD
$3.94B
| $1.89M | ﹤0.01% |
61,780
+1,323
| +2% | +$37K |
2018 Q1
23 quarters
|
|
1653
Metallus
MTUS
$805M
| $1.87M | ﹤0.01% |
77,603
+250
| +0.3% | +$5.24K |
2014 Q3
37 quarters
|
|
1654
TransUnion
TRU
$11.9B
| $1.87M | ﹤0.01% |
26,742
+10,979
| +70% | +$669K |
2022 Q3
5 quarters
|
|
1655
Planet Fitness
PLNT
$3.16B
| $1.87M | ﹤0.01% |
25,374
+3,183
| +14% | +$196K |
2017 Q4
24 quarters
|
|
1656
NeoGenomics
NEO
$2.28B
| $1.87M | ﹤0.01% |
109,864
+2,876
| +3% | +$47.1K |
2018 Q1
23 quarters
|
|
1657
Knight Transportation
KNX
$10.6B
| $1.87M | ﹤0.01% |
31,904
+215
| +0.7% | +$11.3K |
2017 Q3
25 quarters
|
|
1658
iShares MSCI ACWI ex US ETF
ACWX
$15.9B
| $1.87M | ﹤0.01% |
36,399
-68,307
| -65% | -$3.29M |
2021 Q2
10 quarters
|
|
1659
Madrigal Pharmaceuticals
MDGL
$11.5B
| $1.86M | ﹤0.01% |
+7,763
| New | +$1.36M |
2023 Q4
0 quarters
|
|
1660
CALL
Ally Financial
ALLY
$11.5B
| $1.86M | ﹤0.01% |
+52,900
| New | +$1.48M |
2023 Q4
0 quarters
|
|
1661
Landstar System
LSTR
$5.77B
| $1.86M | ﹤0.01% |
9,302
-2,378
| -20% | -$421K |
2013 Q2
42 quarters
|
|
1662
CALL
State Street Energy Select Sector SPDR ETF
XLE
$40.5B
| $1.85M | ﹤0.01% |
43,800
-466,200
| -91% | -$19.9M |
2023 Q1
3 quarters
|
|
1663
Donaldson
DCI
$10.2B
| $1.84M | ﹤0.01% |
27,950
+2,434
| +10% | +$148K |
2013 Q2
42 quarters
|
|
1664
PUT
Cameco
CCJ
$37.3B
| $1.83M | ﹤0.01% |
+39,600
| New | +$1.66M |
2023 Q4
0 quarters
|
|
1665
Harmony Gold Mining
HMY
$11B
| $1.83M | ﹤0.01% |
297,053
+22,723
| +8% | +$119K |
2016 Q2
30 quarters
|
|
1666
Equitable Holdings
EQH
$14.2B
| $1.82M | ﹤0.01% |
54,097
-732,449
| -93% | -$21.4M |
2018 Q4
20 quarters
|
|
1667
SiTime
SITM
$20.4B
| $1.82M | ﹤0.01% |
14,210
+12,369
| +672% | +$1.4M |
2021 Q4
8 quarters
|
|
1668
CALL
Prudential Financial
PRU
$39B
| $1.81M | ﹤0.01% |
+17,400
| New | +$1.67M |
2023 Q4
0 quarters
|
|
1669
United States Gasoline Fund
UGA
$199M
| $1.81M | ﹤0.01% |
+27,222
| New | +$1.7M |
2023 Q4
0 quarters
|
|
1670
Teekay Tankers
TNK
$3.5B
| $1.81M | ﹤0.01% |
34,921
+668
| +2% | +$32.1K |
2023 Q3
1 quarter
|
|
1671
PUT
Pfizer
PFE
$160B
| $1.8M | ﹤0.01% |
60,500
-220,000
| -78% | -$6.65M |
2023 Q1
3 quarters
|
|
1672
GraniteShares Gold Shares
BAR
$1.36B
| $1.8M | ﹤0.01% |
87,639
-307,048
| -78% | -$6M |
2023 Q2
2 quarters
|
|
1673
Lumentum
LITE
$93.8B
| $1.8M | ﹤0.01% |
33,700
+236
| +0.7% | +$10.3K |
2015 Q3
33 quarters
|
|
1674
Victory Portfolios II VictoryShares Short-Term Bond ETF
USTB
$2.64B
| $1.79M | ﹤0.01% |
+36,613
| New | +$1.79M |
2023 Q4
0 quarters
|
|
1675
iShares MSCI South Africa ETF
EZA
$471M
| $1.79M | ﹤0.01% |
42,649
+39,631
| +1,313% | +$1.56M |
2023 Q3
1 quarter
|
|
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.