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 | |
|---|---|---|---|---|---|---|---|
1901
First American
FAF
$6.28B
| $1.16M | ﹤0.01% |
20,810
+424
| +2% | +$24.3K |
2013 Q2
39 quarters
|
|
1902
New York Times
NYT
$10.3B
| $1.16M | ﹤0.01% |
29,762
-204
| -0.7% | -$7.52K |
2013 Q2
39 quarters
|
|
1903
Valvoline
VVV
$3.93B
| $1.16M | ﹤0.01% |
31,493
-10,226
| -25% | -$356K |
2016 Q4
25 quarters
|
|
1904
FerroAtlántica
GSM
$762M
| $1.15M | ﹤0.01% |
233,463
+69,268
| +42% | +$320K |
2021 Q3
6 quarters
|
|
1905
CALL
Ulta Beauty
ULTA
$23B
| $1.15M | ﹤0.01% |
2,100
-2,900
| -58% | -$1.49M |
2022 Q4
1 quarter
|
|
1906
Commercial Metals
CMC
$6.94B
| $1.14M | ﹤0.01% |
22,067
-9,251
| -30% | -$479K |
2013 Q2
39 quarters
|
|
|
ALEX
1907
DELISTED
Alexander & Baldwin
ALEX
| $1.14M | ﹤0.01% |
60,116
+10,880
| +22% | +$206K |
2013 Q2
39 quarters
|
|
|
PPI
1908
AXS Astoria Inflation Sensitive ETF
PPI
$156M
| $1.14M | ﹤0.01% |
+90,756
| New | +$1.19M |
2023 Q1
0 quarters
|
|
1909
iShares ESG Aware MSCI EM ETF
ESGE
$6.92B
| $1.14M | ﹤0.01% |
35,824
+33,883
| +1,746% | +$1.07M |
2020 Q1
12 quarters
|
|
|
SUM
1910
CALL
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $1.13M | ﹤0.01% |
+38,000
| New | +$1.15M |
2023 Q1
0 quarters
|
|
|
NVEE
1911
DELISTED
NV5 Global
NVEE
| $1.13M | ﹤0.01% |
43,360
+216
| +0.5% | +$6.48K |
2020 Q2
11 quarters
|
|
1912
ROBO Global Robotics & Automation Index ETF
ROBO
$2.04B
| $1.13M | ﹤0.01% |
20,619
+16,366
| +385% | +$854K |
2016 Q3
26 quarters
|
|
1913
Celldex Therapeutics
CLDX
$2.53B
| $1.12M | ﹤0.01% |
26,980
-1,968
| -7% | -$84.9K |
2022 Q4
1 quarter
|
|
1914
Genworth Financial
GNW
$3.52B
| $1.12M | ﹤0.01% |
221,643
+16,337
| +8% | +$90.5K |
2013 Q2
39 quarters
|
|
1915
ARKO Corp
ARKO
$461M
| $1.12M | ﹤0.01% |
131,758
+14,647
| +13% | +$122K |
2022 Q3
2 quarters
|
|
1916
PUT
Plug Power
PLUG
$2.64B
| $1.12M | ﹤0.01% |
95,000
-163,700
| -63% | -$2.34M |
2022 Q1
4 quarters
|
|
1917
PUT
Lyft
LYFT
$5.76B
| $1.11M | ﹤0.01% |
120,000
+55,000
| +85% | +$664K |
2022 Q1
4 quarters
|
|
1918
iShares MSCI India ETF
INDA
$5.87B
| $1.11M | ﹤0.01% |
28,164
-220,610
| -89% | -$8.88M |
2015 Q1
32 quarters
|
|
1919
OneMain Financial
OMF
$6.43B
| $1.11M | ﹤0.01% |
26,324
-34,117
| -56% | -$1.37M |
2017 Q2
23 quarters
|
|
1920
Antero Resources
AR
$10.5B
| $1.1M | ﹤0.01% |
43,352
+8,155
| +23% | +$215K |
2022 Q1
4 quarters
|
|
1921
WEX
WEX
$5.75B
| $1.1M | ﹤0.01% |
5,967
-224
| -4% | -$40.8K |
2013 Q2
39 quarters
|
|
1922
PUT
Cigna
CI
$70.8B
| $1.1M | ﹤0.01% |
4,300
-5,700
| -57% | -$1.66M |
2022 Q4
1 quarter
|
|
|
EMBJ
1923
Embraer S.A. ADS
EMBJ
$13.2B
| $1.1M | ﹤0.01% |
67,092
-1,713
| -2% | -$22.8K |
2021 Q1
8 quarters
|
|
|
HPP
1924
Hudson Pacific Properties
HPP
$620M
| $1.09M | ﹤0.01% |
23,514
+8,754
| +59% | +$562K |
2014 Q2
35 quarters
|
|
1925
KraneShares MSCI All China Health Care Index ETF
KURE
$114M
| $1.09M | ﹤0.01% |
+51,920
| New | +$1.16M |
2023 Q1
0 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.