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 | |
|---|---|---|---|---|---|---|---|
1926
DoubleLine Shiller CAPE US Equities ETF
CAPE
$212M
| $1.09M | ﹤0.01% |
48,061
+917
| +2% | +$20.5K |
2022 Q2
3 quarters
|
|
1927
Goldman Sachs Future Tech Leaders Equity ETF
GTEK
$249M
| $1.09M | ﹤0.01% |
+45,345
| New | +$1.05M |
2023 Q1
0 quarters
|
|
1928
Neogen
NEOG
$2.67B
| $1.09M | ﹤0.01% |
58,620
+14,053
| +32% | +$264K |
2013 Q2
39 quarters
|
|
1929
PUT
Tilray
TLRY
$528M
| $1.09M | ﹤0.01% |
42,770
+31,340
| +274% | +$894K |
2022 Q1
4 quarters
|
|
1930
Ares Capital
ARCC
$13.8B
| $1.08M | ﹤0.01% |
55,301
-237
| -0.4% | -$4.48K |
2013 Q2
39 quarters
|
|
1931
First Trust Senior Loan Fund ETF
FTSL
$2.43B
| $1.08M | ﹤0.01% |
23,945
+253
| +1% | +$11.5K |
2014 Q4
33 quarters
|
|
1932
Selective Insurance
SIGI
$5.06B
| $1.07M | ﹤0.01% |
11,208
+2,051
| +22% | +$196K |
2013 Q2
39 quarters
|
|
1933
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$649M
| $1.07M | ﹤0.01% |
44,529
+199
| +0.4% | +$4.42K |
2021 Q1
8 quarters
|
|
1934
Northwest Natural Holdings
NWN
$1.96B
| $1.07M | ﹤0.01% |
22,377
+1,213
| +6% | +$58.6K |
2019 Q1
16 quarters
|
|
1935
Metropolitan Bank Holding Corp
MCB
$1.09B
| $1.07M | ﹤0.01% |
31,150
+11,652
| +60% | +$605K |
2022 Q4
1 quarter
|
|
|
SLAC
1936
DELISTED
Social Leverage Acquisition Corp I Class A Common Stock
SLAC
| $1.07M | ﹤0.01% |
+105,790
| New | +$1.06M |
2023 Q1
0 quarters
|
|
1937
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$194M
| $1.07M | ﹤0.01% |
+37,742
| New | +$1.04M |
2023 Q1
0 quarters
|
|
1938
H.B. Fuller
FUL
$2.7B
| $1.06M | ﹤0.01% |
15,516
+3,244
| +26% | +$226K |
2013 Q2
39 quarters
|
|
1939
EXL Service
EXLS
$5.53B
| $1.06M | ﹤0.01% |
32,720
+6,235
| +24% | +$207K |
2013 Q2
39 quarters
|
|
1940
Outset Medical
OM
$70.5M
| $1.06M | ﹤0.01% |
3,830
+136
| +4% | +$49.9K |
2022 Q4
1 quarter
|
|
1941
CRH
CRH
$54.4B
| $1.06M | ﹤0.01% |
20,857
-2,009
| -9% | -$95.1K |
2013 Q2
39 quarters
|
|
1942
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.12B
| $1.06M | ﹤0.01% |
27,826
+5,959
| +27% | +$225K |
2013 Q2
39 quarters
|
|
|
AFAR
1943
DELISTED
Aura FAT Projects Acquisition Corp Class A Ordinary Shares
AFAR
| $1.05M | ﹤0.01% |
100,000
| – | – |
2022 Q3
2 quarters
|
|
1944
Cabot Corp
CBT
$3.94B
| $1.05M | ﹤0.01% |
13,659
+2,016
| +17% | +$151K |
2013 Q2
39 quarters
|
|
1945
Vail Resorts
MTN
$4.95B
| $1.05M | ﹤0.01% |
4,499
-1,006
| -18% | -$242K |
2013 Q2
39 quarters
|
|
1946
Enovix
ENVX
$610M
| $1.05M | ﹤0.01% |
+80,397
| New | +$660K |
2023 Q1
0 quarters
|
|
1947
Rambus
RMBS
$11.6B
| $1.05M | ﹤0.01% |
20,487
+2,351
| +13% | +$101K |
2013 Q2
39 quarters
|
|
1948
Four Corners Property Trust
FCPT
$2.35B
| $1.05M | ﹤0.01% |
39,076
+2,681
| +7% | +$73.9K |
2015 Q4
29 quarters
|
|
1949
Interparfums
IPAR
$3.58B
| $1.05M | ﹤0.01% |
7,289
+163
| +2% | +$20.1K |
2013 Q2
39 quarters
|
|
|
TBLU
1950
Tortoise Global Water ETF
TBLU
$53.8M
| $1.05M | ﹤0.01% |
+26,460
| New | +$1.03M |
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.