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 |
Royal Bank of Canada
RY
|
+$1.05B |
| 2 |
TC Energy
TRP
|
+$688M |
| 3 |
Toronto Dominion Bank
TD
|
+$601M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 5 |
Broadcom
AVGO
|
+$532M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advanced Micro Devices
AMD
|
+$324M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$240M |
| 3 |
NVIDIA
NVDA
|
+$232M |
| 4 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$220M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.73% |
| 2 | Consumer Discretionary | 17.33% |
| 3 | Financials | 14.55% |
| 4 | Technology | 12.7% |
| 5 | Miscellaneous | 12.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1876
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.85B
| $1.22M | ﹤0.01% |
23,983
-144,988
| -86% | -$7.38M |
2021 Q1
10 quarters
|
|
1877
Erie Indemnity
ERIE
$11.6B
| $1.22M | ﹤0.01% |
4,232
-48,572
| -92% | -$12.6M |
2013 Q2
41 quarters
|
|
1878
PUT
Cigna
CI
$70.8B
| $1.22M | ﹤0.01% |
4,300
| – | – |
2022 Q4
3 quarters
|
|
1879
PUT
ChargePoint
CHPT
$274M
| $1.22M | ﹤0.01% |
10,840
-25,075
| -70% | -$3.64M |
2022 Q1
6 quarters
|
|
1880
Dorman Products
DORM
$3.65B
| $1.21M | ﹤0.01% |
14,756
-459
| -3% | -$37.3K |
2013 Q2
41 quarters
|
|
|
PR
1881
CALL
Permian Resources
PR
$18.4B
| $1.21M | ﹤0.01% |
84,900
-240,100
| -74% | -$3.02M |
2023 Q2
1 quarter
|
|
1882
VanEck Morningstar International Moat ETF
MOTI
$68.5M
| $1.21M | ﹤0.01% |
+33,056
| New | +$1.04M |
2023 Q3
0 quarters
|
|
1883
Belden
BDC
$4.23B
| $1.2M | ﹤0.01% |
12,411
-483
| -4% | -$45.1K |
2013 Q2
41 quarters
|
|
1884
e.l.f. Beauty
ELF
$6.14B
| $1.2M | ﹤0.01% |
9,238
+938
| +11% | +$114K |
2017 Q1
26 quarters
|
|
1885
Celsius Holdings
CELH
$6.94B
| $1.2M | ﹤0.01% |
18,240
-272,118
| -94% | -$15.3M |
2020 Q2
13 quarters
|
|
1886
CALL
State Street SPDR S&P Bank ETF
KBE
$1.48B
| $1.2M | ﹤0.01% |
+31,000
| New | +$1.21M |
2023 Q3
0 quarters
|
|
|
FLG
1887
Flagstar Bank National Association
FLG
$4.85B
| $1.19M | ﹤0.01% |
33,539
-1,571
| -4% | -$56.8K |
2013 Q2
41 quarters
|
|
1888
Chesapeake Utilities
CPK
$3B
| $1.19M | ﹤0.01% |
10,716
-147
| -1% | -$16.6K |
2015 Q4
31 quarters
|
|
1889
Harmony Gold Mining
HMY
$11B
| $1.19M | ﹤0.01% |
274,330
-52,361
| -16% | -$216K |
2016 Q2
29 quarters
|
|
|
NBIS
1890
Nebius Group N.V.
NBIS
$63.1B
| $1.19M | ﹤0.01% |
103,076
-99
| -0.1% | -$1.14K |
2013 Q4
39 quarters
|
|
1891
Kaiser Aluminum
KALU
$2.43B
| $1.18M | ﹤0.01% |
14,672
-20,448
| -58% | -$1.55M |
2013 Q2
41 quarters
|
|
|
MAGN
1892
Magnera Corp
MAGN
$403M
| $1.18M | ﹤0.01% |
34,302
-6,459
| -16% | -$215K |
2023 Q2
1 quarter
|
|
1893
Array Technologies
ARRY
$599M
| $1.18M | ﹤0.01% |
46,676
-1,803
| -4% | -$39.2K |
2020 Q4
11 quarters
|
|
1894
iShares Future Exponential Technologies ETF
XT
$4B
| $1.17M | ﹤0.01% |
21,408
-44
| -0.2% | -$2.42K |
2017 Q3
24 quarters
|
|
1895
First Trust Senior Loan Fund ETF
FTSL
$2.43B
| $1.17M | ﹤0.01% |
25,434
+984
| +4% | +$44.9K |
2014 Q4
35 quarters
|
|
|
LEV
1896
DELISTED
The Lion Electric Company
LEV
| $1.17M | ﹤0.01% |
544,601
-3,184
| -0.6% | -$6.92K |
2021 Q2
9 quarters
|
|
1897
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.09B
| $1.17M | ﹤0.01% |
38,088
-71,244
| -65% | -$2.18M |
2017 Q2
25 quarters
|
|
|
JWN
1898
DELISTED
Nordstrom
JWN
| $1.17M | ﹤0.01% |
79,035
-23,483
| -23% | -$431K |
2013 Q2
41 quarters
|
|
1899
Morningstar
MORN
$7.17B
| $1.17M | ﹤0.01% |
4,665
+2,014
| +76% | +$455K |
2013 Q2
41 quarters
|
|
1900
Cohen & Steers
CNS
$3.76B
| $1.17M | ﹤0.01% |
18,106
+6,462
| +55% | +$409K |
2023 Q2
1 quarter
|
|
Similar funds
Bank of Montreal's Q3 2023 Portfolio in Review
As of Q3 2023, Bank of Montreal held 4,441 positions worth $289B, down 0.13% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q3 2023 filing shows 494 new, 1,385 increased, 1,477 reduced and 672 closed positions. Its largest new stake was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M. The largest sale was Advanced Micro Devices, an estimated $324M.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Bank of Montreal's largest Q3 2023 buy was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2023, an estimated $1.05B increase.
- Bank of Montreal's biggest Q3 2023 reduction was Advanced Micro Devices, cutting an estimated $324M.
- Bank of Montreal fully exited PG&E Corporation in Q3 2023, selling an estimated $48M.
- Bank of Montreal's ten largest holdings make up 51% of its $289B portfolio in Q3 2023.
- Bank of Montreal opened 494 new positions and closed 672 in Q3 2023.
- Bank of Montreal's portfolio value fell 0.13% quarter-over-quarter to $289B.
Based on Bank of Montreal's 13F filing for Q3 2023, filed 1 Nov 2023.