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 | |
|---|---|---|---|---|---|---|---|
|
WBA
1726
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $1.61M | ﹤0.01% |
+60,000
| New | +$1.34M |
2023 Q4
0 quarters
|
|
1727
ENI
E
$78B
| $1.6M | ﹤0.01% |
46,675
-7,206
| -13% | -$234K |
2013 Q2
42 quarters
|
|
1728
iShares Cybersecurity and Tech ETF
IHAK
$1.16B
| $1.6M | ﹤0.01% |
35,009
-30,037
| -46% | -$1.22M |
2021 Q1
11 quarters
|
|
1729
POSCO
PKX
$17B
| $1.59M | ﹤0.01% |
16,476
-1,542
| -9% | -$139K |
2015 Q3
33 quarters
|
|
1730
Floor & Decor
FND
$4.9B
| $1.58M | ﹤0.01% |
13,734
+2,209
| +19% | +$203K |
2017 Q2
26 quarters
|
|
1731
Oshkosh
OSK
$8.08B
| $1.57M | ﹤0.01% |
14,393
+122
| +0.9% | +$11.8K |
2013 Q2
42 quarters
|
|
1732
Nice
NICE
$6.83B
| $1.57M | ﹤0.01% |
7,776
-530
| -6% | -$95.3K |
2021 Q4
8 quarters
|
|
1733
WisdomTree Artificial Intelligence and Innovation Fund
WTAI
$690M
| $1.57M | ﹤0.01% |
74,683
+24,440
| +49% | +$445K |
2023 Q3
1 quarter
|
|
1734
PUT
Eaton
ETN
$170B
| $1.57M | ﹤0.01% |
6,500
| – | – |
2023 Q2
2 quarters
|
|
1735
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$346M
| $1.56M | ﹤0.01% |
48,051
-68,608
| -59% | -$2.06M |
2013 Q2
42 quarters
|
|
1736
Sprott Physical Gold and Silver Trust
CEF
$7.32B
| $1.56M | ﹤0.01% |
80,343
-100
| -0.1% | -$1.84K |
2013 Q2
42 quarters
|
|
1737
Service Corp International
SCI
$10.4B
| $1.56M | ﹤0.01% |
22,728
-1,245
| -5% | -$75K |
2013 Q2
42 quarters
|
|
1738
State Street SPDR Dow Jones REIT ETF
RWR
$1.76B
| $1.56M | ﹤0.01% |
16,136
-542
| -3% | -$46.6K |
2013 Q2
42 quarters
|
|
1739
Honda
HMC
$41B
| $1.56M | ﹤0.01% |
50,391
+29,631
| +143% | +$935K |
2013 Q2
42 quarters
|
|
1740
Wendy's
WEN
$1.19B
| $1.56M | ﹤0.01% |
78,030
+26,962
| +53% | +$519K |
2013 Q2
42 quarters
|
|
1741
SITE Centers
SITC
$184M
| $1.55M | ﹤0.01% |
143,036
+113,975
| +392% | +$1.14M |
2013 Q2
42 quarters
|
|
|
ESGR
1742
DELISTED
Enstar Group
ESGR
| $1.55M | ﹤0.01% |
+5,234
| New | +$1.37M |
2023 Q4
0 quarters
|
|
1743
iShares US Aerospace & Defense ETF
ITA
$12.2B
| $1.55M | ﹤0.01% |
12,200
-10,775
| -47% | -$1.24M |
2015 Q2
34 quarters
|
|
1744
Lyft
LYFT
$5.76B
| $1.55M | ﹤0.01% |
99,488
-1,164,504
| -92% | -$13.6M |
2019 Q2
18 quarters
|
|
1745
PUT
Virgin Galactic
SPCE
$453M
| $1.55M | ﹤0.01% |
28,520
-7,000
| -20% | -$276K |
2022 Q1
7 quarters
|
|
1746
IDT Corp
IDT
$1.99B
| $1.55M | ﹤0.01% |
45,295
+2,397
| +6% | +$70.7K |
2022 Q2
6 quarters
|
|
1747
Saia
SAIA
$9.16B
| $1.54M | ﹤0.01% |
3,350
+105
| +3% | +$42.4K |
2014 Q1
39 quarters
|
|
1748
iShares US Basic Materials ETF
IYM
$1.11B
| $1.54M | ﹤0.01% |
11,021
+4,240
| +63% | +$544K |
2013 Q2
42 quarters
|
|
1749
Erie Indemnity
ERIE
$11.6B
| $1.54M | ﹤0.01% |
4,584
+352
| +8% | +$106K |
2013 Q2
42 quarters
|
|
1750
Agree Realty
ADC
$8.09B
| $1.54M | ﹤0.01% |
24,217
-7,385
| -23% | -$428K |
2013 Q2
42 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.