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 | |
|---|---|---|---|---|---|---|---|
1751
CALL
Peloton Interactive
PTON
$2.18B
| $1.54M | ﹤0.01% |
+146,500
| New | +$789K |
2023 Q4
0 quarters
|
|
|
NKLA
1752
PUT
DELISTED
Nikola Corporation Common Stock
NKLA
| $1.54M | ﹤0.01% |
9,313
-3,577
| -28% | -$111K |
2022 Q1
7 quarters
|
|
1753
First Trust Alternative Absolute Return Strategy ETF
FAAR
$231M
| $1.53M | ﹤0.01% |
+55,562
| New | +$1.55M |
2023 Q4
0 quarters
|
|
1754
Federal Agricultural Mortgage Class A
AGM.A
| $1.52M | ﹤0.01% |
9,600
-2
| -0% | -$252 |
2023 Q1
3 quarters
|
|
1755
PUT
Goodyear
GT
$1.45B
| $1.52M | ﹤0.01% |
105,000
| – | – |
2022 Q4
4 quarters
|
|
1756
PUT
Repligen
RGEN
$10B
| $1.52M | ﹤0.01% |
+8,100
| New | +$1.26M |
2023 Q4
0 quarters
|
|
1757
Nuveen ESG International Developed Markets Equity ETF
NUDM
$726M
| $1.52M | ﹤0.01% |
+51,586
| New | +$1.43M |
2023 Q4
0 quarters
|
|
1758
NETSCOUT
NTCT
$2.93B
| $1.52M | ﹤0.01% |
67,247
+59,380
| +755% | +$1.33M |
2013 Q2
42 quarters
|
|
1759
NNN REIT
NNN
$7.72B
| $1.52M | ﹤0.01% |
34,924
-536,137
| -94% | -$20.8M |
2013 Q2
42 quarters
|
|
|
ONC
1760
BeOne Medicines Ltd
ONC
$40.6B
| $1.51M | ﹤0.01% |
8,178
-655
| -7% | -$118K |
2016 Q2
30 quarters
|
|
1761
United Bankshares
UBSI
$6.32B
| $1.51M | ﹤0.01% |
39,396
+1,773
| +5% | +$56.3K |
2013 Q2
42 quarters
|
|
1762
SPX Corp
SPXC
$8.5B
| $1.5M | ﹤0.01% |
14,606
+3,411
| +30% | +$295K |
2017 Q2
26 quarters
|
|
1763
Boston Beer
SAM
$1.71B
| $1.5M | ﹤0.01% |
4,176
+3,142
| +304% | +$1.1M |
2013 Q2
42 quarters
|
|
1764
PUT
Lowe's Companies
LOW
$102B
| $1.5M | ﹤0.01% |
6,700
-17,500
| -72% | -$3.55M |
2023 Q3
1 quarter
|
|
|
AAN
1765
DELISTED
The Aaron's Company Inc
AAN
| $1.5M | ﹤0.01% |
+133,669
| New | +$1.24M |
2023 Q4
0 quarters
|
|
1766
Texas Roadhouse
TXRH
$10.3B
| $1.49M | ﹤0.01% |
12,154
-192,358
| -94% | -$20.6M |
2013 Q2
42 quarters
|
|
|
DISH
1767
DELISTED
DISH Network Corp.
DISH
| $1.49M | ﹤0.01% |
252,404
+57,692
| +30% | +$259K |
2013 Q2
42 quarters
|
|
1768
Western Alliance Bancorporation
WAL
$8.26B
| $1.49M | ﹤0.01% |
22,116
-285,355
| -93% | -$14.4M |
2013 Q2
42 quarters
|
|
1769
Newell Brands
NWL
$2.26B
| $1.48M | ﹤0.01% |
168,261
-932,570
| -85% | -$7.11M |
2013 Q2
42 quarters
|
|
1770
CALL
Union Pacific
UNP
$162B
| $1.48M | ﹤0.01% |
+6,000
| New | +$1.32M |
2023 Q4
0 quarters
|
|
1771
AutoNation
AN
$5.45B
| $1.47M | ﹤0.01% |
9,687
-10,505
| -52% | -$1.45M |
2013 Q2
42 quarters
|
|
1772
Compass Minerals
CMP
$916M
| $1.47M | ﹤0.01% |
56,354
+4,918
| +10% | +$126K |
2013 Q2
42 quarters
|
|
1773
State Street SPDR ICE Preferred Securities ETF
PSK
$643M
| $1.47M | ﹤0.01% |
43,532
-1,356
| -3% | -$43.6K |
2013 Q2
42 quarters
|
|
1774
Envista
NVST
$3.72B
| $1.47M | ﹤0.01% |
60,213
+24,036
| +66% | +$574K |
2019 Q4
16 quarters
|
|
1775
Chesapeake Utilities
CPK
$3B
| $1.47M | ﹤0.01% |
13,760
+3,044
| +28% | +$290K |
2015 Q4
32 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.