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 | |
|---|---|---|---|---|---|---|
|
TRPA
1701
Hartford AAA CLO ETF
TRPA
$111M
| $1.7M | ﹤0.01% |
+44,293
| New | +$1.7M |
|
|
HPP
1702
Hudson Pacific Properties
HPP
$773M
| $1.69M | ﹤0.01% |
25,553
+18,745
| +275% | +$827K |
|
1703
Rivian
RIVN
$22.6B
| $1.69M | ﹤0.01% |
71,721
-6,681
| -9% | -$126K |
|
1704
IonQ
IONQ
$18.9B
| $1.68M | ﹤0.01% |
+127,332
| New | +$1.64M |
|
1705
PUT
Cinemark Holdings
CNK
$4.31B
| $1.68M | ﹤0.01% |
110,000
+9,900
| +10% | +$154K |
|
|
NBIS
1706
Nebius Group N.V.
NBIS
$73.4B
| $1.68M | ﹤0.01% |
102,854
-222
| -0.2% | -$3.63K |
|
1707
Emcor
EME
$37.4B
| $1.68M | ﹤0.01% |
7,666
+100
| +1% | +$21K |
|
1708
US Commodity Index
USCI
$374M
| $1.68M | ﹤0.01% |
28,982
-8,424
| -23% | -$488K |
|
|
1709
PUT
IonQ
IONQ
$18.9B
| $1.67M | ﹤0.01% |
+126,600
| New | +$1.63M |
|
|
PLL
1710
CALL
DELISTED
Piedmont Lithium
PLL
| $1.67M | ﹤0.01% |
+55,000
| New | +$1.62M |
|
1711
PVH
PVH
$3.76B
| $1.66M | ﹤0.01% |
13,492
-394
| -3% | -$35.3K |
|
1712
Donnelley Financial Solutions
DFIN
$1.19B
| $1.66M | ﹤0.01% |
26,188
+183
| +0.7% | +$10.4K |
|
1713
iShares Core MSCI Total International Stock ETF
IXUS
$60.8B
| $1.66M | ﹤0.01% |
25,487
-543
| -2% | -$33.2K |
|
1714
AMN Healthcare
AMN
$1.34B
| $1.66M | ﹤0.01% |
21,935
-596
| -3% | -$42.6K |
|
1715
WEX
WEX
$6.65B
| $1.65M | ﹤0.01% |
8,348
-616
| -7% | -$112K |
|
1716
Old Republic International
ORI
$10.3B
| $1.64M | ﹤0.01% |
55,602
-22,339
| -29% | -$628K |
|
|
CSLM
1717
DELISTED
CSLM Acquisition Corp. Class A Ordinary Share
CSLM
| $1.63M | ﹤0.01% |
150,000
-100,000
| -40% | -$1.08M |
|
1718
iShares US Medical Devices ETF
IHI
$3.48B
| $1.62M | ﹤0.01% |
30,007
-14,113
| -32% | -$689K |
|
1719
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42B
| $1.62M | ﹤0.01% |
47,699
-1,486,249
| -97% | -$47.2M |
|
1720
Mirum Pharmaceuticals
MIRM
$6.06B
| $1.62M | ﹤0.01% |
+49,791
| New | +$1.51M |
|
1721
Option Care Health
OPCH
$3.61B
| $1.62M | ﹤0.01% |
47,456
+29,690
| +167% | +$912K |
|
1722
AptarGroup
ATR
$8.39B
| $1.61M | ﹤0.01% |
12,809
+31
| +0.2% | +$3.9K |
|
1723
Wintrust Financial
WTFC
$11B
| $1.61M | ﹤0.01% |
17,064
+189
| +1% | +$15.6K |
|
1724
PureCycle Technologies
PCT
$1.38B
| $1.61M | ﹤0.01% |
383,487
+68,897
| +22% | +$303K |
|
1725
CALL
Zions Bancorporation
ZION
$10.5B
| $1.61M | ﹤0.01% |
+36,000
| New | +$1.3M |
|
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.