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 |
Brookfield
BN
|
+$1.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$636M |
| 3 |
Toronto Dominion Bank
TD
|
+$563M |
| 4 |
Scotiabank
BNS
|
+$505M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Suncor Energy
SU
|
+$439M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$314M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$209M |
| 4 |
SJR
Shaw Communications Inc.
SJR
|
+$209M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.37% |
| 2 | Financials | 18.09% |
| 3 | Consumer Discretionary | 15.83% |
| 4 | Miscellaneous | 12.48% |
| 5 | Technology | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1851
First Trust India Nifty 50 Equal Weight ETF
NFTY
$98.6M
| $1.25M | ﹤0.01% |
+28,713
| New | +$1.23M |
2023 Q1
0 quarters
|
|
|
HMA
1852
DELISTED
Heartland Media Acquisition Corp.
HMA
| $1.25M | ﹤0.01% |
+119,952
| New | +$1.24M |
2023 Q1
0 quarters
|
|
|
LL
1853
DELISTED
LL Flooring Holdings, Inc.
LL
| $1.25M | ﹤0.01% |
328,125
+160,000
| +95% | +$815K |
2013 Q2
39 quarters
|
|
|
OGI
1854
Organigram Holdings
OGI
$142M
| $1.24M | ﹤0.01% |
467,073
-167
| -0% | -$530 |
2019 Q2
15 quarters
|
|
|
JUN
1855
DELISTED
Juniper II Corp.
JUN
| $1.24M | ﹤0.01% |
119,736
-49,810
| -29% | -$513K |
2022 Q3
2 quarters
|
|
1856
Trex
TREX
$4.43B
| $1.24M | ﹤0.01% |
25,457
+9,858
| +63% | +$499K |
2015 Q3
30 quarters
|
|
1857
B&G Foods
BGS
$238M
| $1.24M | ﹤0.01% |
79,526
+68,039
| +592% | +$948K |
2013 Q2
39 quarters
|
|
1858
SM Energy
SM
$8.34B
| $1.24M | ﹤0.01% |
41,417
-67,915
| -62% | -$2.07M |
2013 Q2
39 quarters
|
|
1859
MasTec
MTZ
$17.2B
| $1.24M | ﹤0.01% |
13,069
-927
| -7% | -$88.1K |
2013 Q2
39 quarters
|
|
|
TXNM
1860
TXNM Energy Inc
TXNM
$6.45B
| $1.24M | ﹤0.01% |
25,382
-326,096
| -93% | -$16M |
2013 Q2
39 quarters
|
|
|
AMRS
1861
DELISTED
Amyris Inc.
AMRS
| $1.24M | ﹤0.01% |
905,274
-71,744
| -7% | -$102K |
2021 Q4
5 quarters
|
|
1862
Telephone and Data Systems
TDS
$4.05B
| $1.23M | ﹤0.01% |
117,296
+99,953
| +576% | +$1.17M |
2013 Q2
39 quarters
|
|
1863
Champion Homes
SKY
$4.75B
| $1.23M | ﹤0.01% |
+16,378
| New | +$1.06M |
2023 Q1
0 quarters
|
|
1864
VanEck Oil Services ETF
OIH
$1.89B
| $1.23M | ﹤0.01% |
4,444
-5,734
| -56% | -$1.75M |
2018 Q3
18 quarters
|
|
1865
Kinsale Capital Group
KNSL
$7.62B
| $1.23M | ﹤0.01% |
4,067
+840
| +26% | +$246K |
2019 Q2
15 quarters
|
|
1866
Avantis Core Municipal Fixed Income ETF
AVMU
$164M
| $1.22M | ﹤0.01% |
+26,250
| New | +$1.22M |
2023 Q1
0 quarters
|
|
|
GAP
1867
The Gap Inc
GAP
$7.98B
| $1.22M | ﹤0.01% |
121,652
+26,434
| +28% | +$322K |
2013 Q2
39 quarters
|
|
1868
Sonoco
SON
$4.8B
| $1.22M | ﹤0.01% |
19,976
-12,858
| -39% | -$763K |
2013 Q2
39 quarters
|
|
1869
Honda
HMC
$41B
| $1.22M | ﹤0.01% |
45,934
+3,692
| +9% | +$92.7K |
2013 Q2
39 quarters
|
|
1870
Meritage Homes
MTH
$4.2B
| $1.22M | ﹤0.01% |
20,832
+3,882
| +23% | +$209K |
2017 Q2
23 quarters
|
|
|
SFBS
1871
ServisFirst Bancshares
SFBS
$4.35B
| $1.22M | ﹤0.01% |
44,450
+2,022
| +5% | +$67.8K |
2014 Q3
34 quarters
|
|
1872
EnerSys
ENS
$6.84B
| $1.21M | ﹤0.01% |
13,933
+2,059
| +17% | +$173K |
2015 Q4
29 quarters
|
|
1873
ENI
E
$78B
| $1.21M | ﹤0.01% |
42,939
+10,592
| +33% | +$310K |
2013 Q2
39 quarters
|
|
1874
State Street SPDR Dow Jones REIT ETF
RWR
$1.76B
| $1.21M | ﹤0.01% |
13,601
-124,420
| -90% | -$11.4M |
2013 Q2
39 quarters
|
|
1875
iShares Future Exponential Technologies ETF
XT
$4B
| $1.21M | ﹤0.01% |
22,918
-6,535
| -22% | -$336K |
2017 Q3
22 quarters
|
|
Similar funds
Bank of Montreal's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of Montreal held 4,502 positions worth $250B, up 8.3% from $231B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Bank of Montreal's Q1 2023 filing shows 580 new, 1,570 increased, 1,270 reduced and 751 closed positions. Its largest new stake was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M. The largest sale was Suncor Energy, an estimated $439M.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, down from 22% a quarter earlier, followed by Financials and Consumer Discretionary.
- Bank of Montreal's largest Q1 2023 buy was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M.
- Bank of Montreal added most to Brookfield in Q1 2023, an estimated $1.22B increase.
- Bank of Montreal's biggest Q1 2023 reduction was Suncor Energy, cutting an estimated $439M.
- Bank of Montreal fully exited CI Financial Corp. in Q1 2023, selling an estimated $41.3M.
- Bank of Montreal's ten largest holdings make up 50% of its $250B portfolio in Q1 2023.
- Bank of Montreal opened 580 new positions and closed 751 in Q1 2023.
- Bank of Montreal's portfolio value rose 8.3% quarter-over-quarter to $250B.
Based on Bank of Montreal's 13F filing for Q1 2023, filed 13 Jun 2024.