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 |
Apple
AAPL
|
+$719M |
| 2 |
Scotiabank
BNS
|
+$505M |
| 3 |
Boeing
BA
|
+$442M |
| 4 |
Enbridge
ENB
|
+$337M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$318M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$585M |
| 2 |
Canadian National Railway
CNI
|
+$437M |
| 3 |
NVIDIA
NVDA
|
+$376M |
| 4 |
Advanced Micro Devices
AMD
|
+$367M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$306M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.93% |
| 2 | Technology | 15.97% |
| 3 | Communication Services | 8.03% |
| 4 | Industrials | 7.62% |
| 5 | Consumer Discretionary | 7.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HDV
1901
iShares Core High Dividend ETF
HDV
$15.1B
| $2.24M | ﹤0.01% |
116,550
+14,560
| +14% | +$282K |
|
|
AQUA
1902
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $2.24M | ﹤0.01% |
57,459
-1,862
| -3% | -$67.3K |
|
1903
Trinity Industries
TRN
$2.36B
| $2.24M | ﹤0.01% |
80,082
-308
| -0.4% | -$8.5K |
|
1904
Cemex
CX
$16B
| $2.23M | ﹤0.01% |
304,342
+72,874
| +31% | +$575K |
|
1905
Armstrong World Industries
AWI
$7.7B
| $2.23M | ﹤0.01% |
21,901
-51,324
| -70% | -$5.38M |
|
|
ECHO
1906
EchoStar
ECHO
$26.7B
| $2.21M | ﹤0.01% |
+84,365
| New | +$2.08M |
|
1907
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$3.05B
| $2.21M | ﹤0.01% |
211,254
-18,911
| -8% | -$197K |
|
|
ABCM
1908
DELISTED
Abcam PLC
ABCM
| $2.21M | ﹤0.01% |
104,972
-40,843
| -28% | -$813K |
|
1909
News Corp Class B
NWS
$17.9B
| $2.21M | ﹤0.01% |
93,318
-6,969
| -7% | -$159K |
|
1910
PUT
Digital Turbine
APPS
$1.51B
| $2.21M | ﹤0.01% |
+32,300
| New | +$2M |
|
1911
Cohen & Steers Quality Income Realty Fund
RQI
$1.69B
| $2.2M | ﹤0.01% |
+137,493
| New | +$2.19M |
|
|
NOVA
1912
DELISTED
Sunnova Energy
NOVA
| $2.2M | ﹤0.01% |
68,341
+56,567
| +480% | +$2M |
|
|
SHYF
1913
DELISTED
The Shyft Group
SHYF
| $2.2M | ﹤0.01% |
56,558
-2,895
| -5% | -$117K |
|
1914
Group 1 Automotive
GPI
$3.15B
| $2.19M | ﹤0.01% |
10,633
-108
| -1% | -$18.3K |
|
1915
Calix
CALX
$2.49B
| $2.18M | ﹤0.01% |
45,235
-43,175
| -49% | -$1.99M |
|
1916
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $2.18M | ﹤0.01% |
327,708
+9,669
| +3% | +$62.4K |
|
1917
Haemonetics
HAE
$4.13B
| $2.18M | ﹤0.01% |
30,741
-80,035
| -72% | -$5.05M |
|
|
AL
1918
DELISTED
Air Lease Corp
AL
| $2.17M | ﹤0.01% |
54,006
+776
| +1% | +$31.6K |
|
1919
Semtech
SMTC
$13.1B
| $2.16M | ﹤0.01% |
27,700
-427
| -2% | -$29.2K |
|
|
QFTA
1920
DELISTED
Quantum FinTech Acquisition Corporation
QFTA
| $2.16M | ﹤0.01% |
219,906
-41,434
| -16% | -$404K |
|
1921
American States Water
AWR
$3.53B
| $2.16M | ﹤0.01% |
24,599
+270
| +1% | +$23.7K |
|
|
CS
1922
DELISTED
Credit Suisse Group
CS
| $2.15M | ﹤0.01% |
215,759
+4,649
| +2% | +$47.5K |
|
1923
Liberty Broadband Class A
LBRDA
$5.21B
| $2.14M | ﹤0.01% |
12,564
+116
| +0.9% | +$20.3K |
|
1924
Old Republic International
ORI
$10.3B
| $2.14M | ﹤0.01% |
92,215
+4,001
| +5% | +$99K |
|
1925
Spire
SR
$4.9B
| $2.14M | ﹤0.01% |
34,130
+14,447
| +73% | +$989K |
|
Similar funds
Bank of Montreal's Q3 2021 Portfolio in Review
As of Q3 2021, Bank of Montreal held 4,070 positions worth $219B, up 9% from $201B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $10.5B of net new capital in Q3 2021, opening 436 new positions and adding to 1,500 existing holdings. Its largest new stake was Silicon Motion: 610,096 shares worth $44.6M.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Tesla, an estimated $585M trimmed.
- Bank of Montreal's largest Q3 2021 buy was Silicon Motion: 610,096 shares worth $44.6M.
- Bank of Montreal added most to Apple in Q3 2021, an estimated $719M increase.
- Bank of Montreal's biggest Q3 2021 reduction was Tesla, cutting an estimated $585M.
- Bank of Montreal fully exited Slack Technologies, Inc. in Q3 2021, selling an estimated $199M.
- Bank of Montreal's ten largest holdings make up 22% of its $219B portfolio in Q3 2021.
- Bank of Montreal opened 436 new positions and closed 272 in Q3 2021.
- Bank of Montreal's portfolio value rose 9% quarter-over-quarter to $219B.
Based on Bank of Montreal's 13F filing for Q3 2021, filed 12 Nov 2021.