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 | |
|---|---|---|---|---|---|---|---|
1676
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.28B
| $1.79M | ﹤0.01% |
17,809
-353,089
| -95% | -$34.3M |
2018 Q1
23 quarters
|
|
|
NVEE
1677
DELISTED
NV5 Global
NVEE
| $1.77M | ﹤0.01% |
61,640
+9,564
| +18% | +$243K |
2020 Q2
14 quarters
|
|
1678
AB Tax-Aware Short Duration Municipal ETF
TAFI
$1.35B
| $1.77M | ﹤0.01% |
+71,188
| New | +$1.76M |
2023 Q4
0 quarters
|
|
1679
Schwab US Dividend Equity ETF
SCHD
$108B
| $1.77M | ﹤0.01% |
69,393
-4,092
| -6% | -$97.5K |
2013 Q2
42 quarters
|
|
1680
Graham Holdings Company
GHC
$4.88B
| $1.76M | ﹤0.01% |
2,512
+1,732
| +222% | +$1.08M |
2013 Q2
42 quarters
|
|
1681
CALL
Alamos Gold
AGI
$13.3B
| $1.76M | ﹤0.01% |
122,700
-7,800
| -6% | -$102K |
2023 Q2
2 quarters
|
|
1682
Credit Acceptance
CACC
$5.31B
| $1.76M | ﹤0.01% |
3,270
-958
| -23% | -$431K |
2013 Q2
42 quarters
|
|
|
B
1683
CALL
Barrick Mining
B
$66B
| $1.76M | ﹤0.01% |
95,900
-700
| -0.7% | -$11.5K |
2019 Q1
19 quarters
|
|
1684
Cinemark Holdings
CNK
$4.19B
| $1.75M | ﹤0.01% |
114,742
+80,009
| +230% | +$1.24M |
2013 Q2
42 quarters
|
|
1685
Ambev
ABEV
$44.7B
| $1.75M | ﹤0.01% |
597,628
-7,015
| -1% | -$18.9K |
2013 Q4
40 quarters
|
|
1686
Ericsson
ERIC
$30.1B
| $1.75M | ﹤0.01% |
276,844
+248,240
| +868% | +$1.26M |
2013 Q2
42 quarters
|
|
1687
Nokia
NOK
$58.1B
| $1.75M | ﹤0.01% |
509,304
-1,142,559
| -69% | -$3.88M |
2013 Q2
42 quarters
|
|
1688
PUT
Southern Copper
SCCO
$168B
| $1.75M | ﹤0.01% |
21,833
-27,073
| -55% | -$1.86M |
2022 Q3
5 quarters
|
|
1689
Idacorp
IDA
$7.63B
| $1.75M | ﹤0.01% |
17,765
-798
| -4% | -$77.3K |
2013 Q2
42 quarters
|
|
1690
XPEL
XPEL
$1.23B
| $1.74M | ﹤0.01% |
30,451
+6,654
| +28% | +$357K |
2021 Q3
9 quarters
|
|
1691
Vishay Precision Group
VPG
$1B
| $1.74M | ﹤0.01% |
+50,741
| New | +$1.59M |
2023 Q4
0 quarters
|
|
1692
Ingevity
NGVT
$2.44B
| $1.74M | ﹤0.01% |
35,735
-27
| -0.1% | -$1.12K |
2016 Q2
30 quarters
|
|
1693
NYLIM Hedge Multi-Strategy Tracker ETF
QAI
$1,000M
| $1.73M | ﹤0.01% |
55,387
-20,705
| -27% | -$628K |
2023 Q1
3 quarters
|
|
1694
Unity
U
$19.2B
| $1.73M | ﹤0.01% |
40,539
+35,808
| +757% | +$1.1M |
2020 Q3
13 quarters
|
|
1695
iShares MSCI Japan Small-Cap ETF
SCJ
$261M
| $1.73M | ﹤0.01% |
24,000
+18,890
| +370% | +$1.29M |
2023 Q1
3 quarters
|
|
1696
Dropbox
DBX
$7.41B
| $1.73M | ﹤0.01% |
57,629
+4,514
| +8% | +$125K |
2018 Q1
23 quarters
|
|
1697
JPMorgan Ultra-Short Income ETF
JPST
$41.7B
| $1.72M | ﹤0.01% |
34,230
-189,355
| -85% | -$9.5M |
2019 Q3
17 quarters
|
|
1698
CALL
Kinross Gold
KGC
$28.5B
| $1.71M | ﹤0.01% |
276,300
-343,100
| -55% | -$1.88M |
2023 Q2
2 quarters
|
|
1699
Invesco DB Commodity Index Tracking Fund
DBC
$1.94B
| $1.71M | ﹤0.01% |
75,931
-82,323
| -52% | -$1.97M |
2013 Q2
42 quarters
|
|
|
TIXT
1700
DELISTED
TELUS International
TIXT
| $1.7M | ﹤0.01% |
197,335
-625,071
| -76% | -$4.55M |
2021 Q1
11 quarters
|
|
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.