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 | |
|---|---|---|---|---|---|---|
1926
Triple Flag Precious Metals
TFPM
$6.48B
| $1.07M | ﹤0.01% |
78,196
-269
| -0.3% | -$3.52K |
|
1927
LXP Industrial Trust
LXP
$3.57B
| $1.06M | ﹤0.01% |
21,085
-8,936
| -30% | -$390K |
|
1928
FirstCash
FCFS
$9.31B
| $1.06M | ﹤0.01% |
9,324
+6,269
| +205% | +$678K |
|
1929
State Street SPDR S&P Bank ETF
KBE
$1.76B
| $1.06M | ﹤0.01% |
22,726
+365
| +2% | +$14.4K |
|
1930
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $1.06M | ﹤0.01% |
22,194
-214
| -1% | -$9.59K |
|
|
CUTR
1931
DELISTED
Cutera, Inc.
CUTR
| $1.06M | ﹤0.01% |
271,456
-65,220
| -19% | -$199K |
|
1932
Sprott Junior Gold Miners ETF
SGDJ
$337M
| $1.06M | ﹤0.01% |
34,386
+7,814
| +29% | +$218K |
|
|
CPLB
1933
NYLI MacKay Core Plus Bond ETF
CPLB
$377M
| $1.05M | ﹤0.01% |
+49,718
| New | +$1M |
|
1934
iShares US Treasury Bond ETF
GOVT
$43.7B
| $1.05M | ﹤0.01% |
45,136
+13,035
| +41% | +$290K |
|
1935
Stepan Co
SCL
$1.48B
| $1.05M | ﹤0.01% |
11,024
+195
| +2% | +$15.6K |
|
1936
KE Holdings
BEKE
$18.8B
| $1.05M | ﹤0.01% |
64,228
-1,955
| -3% | -$30.2K |
|
|
IAUF
1937
DELISTED
iShares Gold Strategy ETF
IAUF
| $1.05M | ﹤0.01% |
17,359
-6,641
| -28% | -$387K |
|
|
SWN
1938
DELISTED
Southwestern Energy Company
SWN
| $1.05M | ﹤0.01% |
156,927
+327
| +0.2% | +$2.18K |
|
1939
CALL
SLB Ltd
SLB
$79.8B
| $1.05M | ﹤0.01% |
+20,000
| New | +$1.09M |
|
1940
Cytokinetics
CYTK
$10.3B
| $1.05M | ﹤0.01% |
12,116
+911
| +8% | +$33K |
|
1941
Webster Financial
WBS
$12.8B
| $1.05M | ﹤0.01% |
20,277
-283,430
| -93% | -$12.2M |
|
1942
JPMorgan Municipal ETF
JMUB
$8.51B
| $1.04M | ﹤0.01% |
+21,765
| New | +$1.07M |
|
1943
MINISO
MNSO
$3.52B
| $1.04M | ﹤0.01% |
50,274
-4,228
| -8% | -$101K |
|
1944
TripAdvisor
TRIP
$1.26B
| $1.04M | ﹤0.01% |
47,768
-143,863
| -75% | -$2.52M |
|
1945
iShares MSCI Switzerland ETF
EWL
$2.21B
| $1.04M | ﹤0.01% |
21,500
-119,503
| -85% | -$5.32M |
|
1946
Curtiss-Wright
CW
$25.8B
| $1.03M | ﹤0.01% |
4,626
-38
| -0.8% | -$7.95K |
|
|
FLG
1947
Flagstar Bank National Association
FLG
$5.92B
| $1.03M | ﹤0.01% |
33,022
-517
| -2% | -$15.5K |
|
1948
US Global Jets ETF
JETS
$824M
| $1.03M | ﹤0.01% |
53,427
+2,985
| +6% | +$50.4K |
|
1949
Portland General Electric
POR
$5.97B
| $1.03M | ﹤0.01% |
23,023
+1,643
| +8% | +$68.2K |
|
1950
CONMED
CNMD
$1.51B
| $1.03M | ﹤0.01% |
9,113
-55,461
| -86% | -$5.73M |
|
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.