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 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
CALL
Regions Financial
RF
$27.1B
| $1.18M | ﹤0.01% |
+60,500
| New | +$1M |
|
1877
Popular Inc
BPOP
$11.3B
| $1.18M | ﹤0.01% |
+14,278
| New | +$1.01M |
|
1878
Park Hotels & Resorts
PK
$3.04B
| $1.17M | ﹤0.01% |
68,265
-155
| -0.2% | -$2.14K |
|
1879
OGE Energy
OGE
$9.82B
| $1.17M | ﹤0.01% |
32,966
+1,299
| +4% | +$44.8K |
|
1880
Energy Transfer Partners
ET
$72.5B
| $1.16M | ﹤0.01% |
84,175
+13,804
| +20% | +$188K |
|
1881
Prosperity Bancshares
PB
$9B
| $1.16M | ﹤0.01% |
16,884
+4,085
| +32% | +$239K |
|
|
ACCD
1882
DELISTED
Accolade Inc
ACCD
| $1.16M | ﹤0.01% |
90,009
-398,387
| -82% | -$3.41M |
|
1883
iShares MSCI Emerging Markets Asia ETF
EEMA
$869M
| $1.16M | ﹤0.01% |
17,397
-36,853
| -68% | -$2.35M |
|
1884
Franklin Electric
FELE
$4.67B
| $1.16M | ﹤0.01% |
11,860
-1,215
| -9% | -$109K |
|
1885
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.7B
| $1.15M | ﹤0.01% |
28,498
-39,868
| -58% | -$1.43M |
|
1886
BlackRock Floating Rate Income Strategies Fund
FRA
$388M
| $1.15M | ﹤0.01% |
+87,095
| New | +$1.06M |
|
1887
Core & Main
CNM
$8.59B
| $1.15M | ﹤0.01% |
+28,377
| New | +$960K |
|
1888
Invesco DB Energy Fund
DBE
$91.1M
| $1.15M | ﹤0.01% |
57,750
-618
| -1% | -$13.3K |
|
1889
Asana
ASAN
$2.13B
| $1.15M | ﹤0.01% |
56,617
-508
| -0.9% | -$9.88K |
|
1890
Lattice Semiconductor
LSCC
$18.4B
| $1.14M | ﹤0.01% |
16,031
+1,179
| +8% | +$78.3K |
|
1891
State Street SPDR S&P International Small Cap ETF
GWX
$930M
| $1.14M | ﹤0.01% |
35,922
-29
| -0.1% | -$851 |
|
1892
MGIC Investment
MTG
$6.36B
| $1.14M | ﹤0.01% |
58,601
+156
| +0.3% | +$2.76K |
|
1893
US Global GO Gold and Precious Metal Miners ETF
GOAU
$196M
| $1.14M | ﹤0.01% |
+64,430
| New | +$1.03M |
|
1894
Chord Energy
CHRD
$7.53B
| $1.14M | ﹤0.01% |
6,672
+1,293
| +24% | +$211K |
|
1895
Trip.com Group
TCOM
$28.3B
| $1.14M | ﹤0.01% |
31,358
-97,628
| -76% | -$3.33M |
|
1896
Range Resources
RRC
$9.44B
| $1.14M | ﹤0.01% |
36,759
+2,485
| +7% | +$81.5K |
|
1897
PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
PRFD
$238M
| $1.14M | ﹤0.01% |
+23,400
| New | +$1.08M |
|
1898
Kaiser Aluminum
KALU
$2.98B
| $1.14M | ﹤0.01% |
15,523
+851
| +6% | +$53.9K |
|
1899
Mine Safety
MSA
$7.3B
| $1.13M | ﹤0.01% |
6,683
+101
| +2% | +$16.4K |
|
1900
iShares US Consumer Discretionary ETF
IYC
$1.22B
| $1.13M | ﹤0.01% |
14,799
-8,690
| -37% | -$606K |
|
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 501 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 501 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.