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 | |
|---|---|---|---|---|---|---|---|
1801
BioNTech
BNTX
$24.3B
| $1.39M | ﹤0.01% |
+13,129
| New | +$1.32M |
2023 Q4
0 quarters
|
|
1802
DoubleVerify
DV
$2.11B
| $1.39M | ﹤0.01% |
36,808
+25,322
| +220% | +$789K |
2023 Q1
3 quarters
|
|
1803
VanEck Vietnam ETF
VNM
$487M
| $1.39M | ﹤0.01% |
73,544
-392,953
| -84% | -$5.12M |
2015 Q3
33 quarters
|
|
1804
Vornado Realty Trust
VNO
$6.27B
| $1.39M | ﹤0.01% |
47,142
+11,687
| +33% | +$278K |
2013 Q2
42 quarters
|
|
1805
Jones Lang LaSalle
JLL
$14.2B
| $1.38M | ﹤0.01% |
7,271
-311
| -4% | -$47.1K |
2013 Q2
42 quarters
|
|
1806
PIMCO Senior Loan Active Exchange-Traded Fund
LONZ
$636M
| $1.38M | ﹤0.01% |
+27,815
| New | +$1.39M |
2023 Q4
0 quarters
|
|
|
SKE
1807
Skeena Resources
SKE
$3.74B
| $1.38M | ﹤0.01% |
271,265
-49,303
| -15% | -$208K |
2021 Q4
8 quarters
|
|
1808
iShares MSCI Global Gold Miners ETF
RING
$2.3B
| $1.38M | ﹤0.01% |
+54,443
| New | +$1.25M |
2023 Q4
0 quarters
|
|
|
HAYN
1809
DELISTED
Haynes International, Inc.
HAYN
| $1.37M | ﹤0.01% |
23,140
+1,941
| +9% | +$93.6K |
2013 Q3
41 quarters
|
|
1810
Acuity Brands
AYI
$8.96B
| $1.37M | ﹤0.01% |
6,634
+437
| +7% | +$78.9K |
2013 Q2
42 quarters
|
|
|
GAP
1811
The Gap Inc
GAP
$7.98B
| $1.35M | ﹤0.01% |
63,480
-34,064
| -35% | -$549K |
2013 Q2
42 quarters
|
|
1812
Euronet Worldwide
EEFT
$2.38B
| $1.35M | ﹤0.01% |
13,101
-6,372
| -33% | -$543K |
2013 Q2
42 quarters
|
|
1813
PUT
Kinross Gold
KGC
$28.5B
| $1.35M | ﹤0.01% |
218,200
+193,200
| +773% | +$1.06M |
2023 Q2
2 quarters
|
|
|
JWN
1814
DELISTED
Nordstrom
JWN
| $1.35M | ﹤0.01% |
71,575
-7,460
| -9% | -$114K |
2013 Q2
42 quarters
|
|
|
OPLN
1815
Openlane
OPLN
$4.26B
| $1.35M | ﹤0.01% |
+89,800
| New | +$1.31M |
2023 Q4
0 quarters
|
|
1816
Roundhill Sports Betting & iGaming ETF
BETZ
$40.8M
| $1.35M | ﹤0.01% |
85,772
+26,497
| +45% | +$423K |
2023 Q2
2 quarters
|
|
1817
Morningstar
MORN
$7.17B
| $1.35M | ﹤0.01% |
4,661
-4
| -0.1% | -$1.04K |
2013 Q2
42 quarters
|
|
1818
Green Dot
GDOT
$705M
| $1.35M | ﹤0.01% |
131,489
-293,641
| -69% | -$3.06M |
2015 Q4
32 quarters
|
|
1819
Evercore
EVR
$9.96B
| $1.34M | ﹤0.01% |
7,756
+38
| +0.5% | +$5.5K |
2013 Q2
42 quarters
|
|
|
VPU
1820
Vanguard Utilities ETF
VPU
$7.68B
| $1.34M | ﹤0.01% |
9,734
+6,214
| +177% | +$820K |
2020 Q3
13 quarters
|
|
|
SFBS
1821
ServisFirst Bancshares
SFBS
$4.35B
| $1.34M | ﹤0.01% |
38,634
-1,342
| -3% | -$36.3K |
2014 Q3
37 quarters
|
|
1822
Dimensional US Targeted Value ETF
DFAT
$13.8B
| $1.34M | ﹤0.01% |
25,334
-7,561
| -23% | -$353K |
2021 Q2
10 quarters
|
|
1823
Sonoco
SON
$4.8B
| $1.34M | ﹤0.01% |
23,683
+6,692
| +39% | +$363K |
2013 Q2
42 quarters
|
|
1824
Alta Equipment Group
ALTG
$206M
| $1.33M | ﹤0.01% |
+103,725
| New | +$1.12M |
2023 Q4
0 quarters
|
|
1825
Maximus
MMS
$2.8B
| $1.32M | ﹤0.01% |
15,708
-135
| -0.9% | -$10.8K |
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.