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 Asset Management
BAM
|
+$388M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$259M |
| 3 |
Microsoft
MSFT
|
+$235M |
| 4 |
Suncor Energy
SU
|
+$219M |
| 5 |
UnitedHealth
UNH
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield
BN
|
+$1.98B |
| 2 |
Royal Bank of Canada
RY
|
+$562M |
| 3 |
WCN
Waste Connections
WCN
|
+$455M |
| 4 |
Canadian Pacific Kansas City
CP
|
+$340M |
| 5 |
Brookfield Infrastructure Partners
BIP
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 22.07% |
| 2 | Financials | 15.04% |
| 3 | Consumer Discretionary | 14.74% |
| 4 | Technology | 11.16% |
| 5 | Industrials | 5.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Maximus
MMS
$2.89B
| $1.33M | ﹤0.01% |
18,066
+2,486
| +16% | +$160K |
|
1952
Celldex Therapeutics
CLDX
$3.29B
| $1.32M | ﹤0.01% |
+28,948
| New | +$1.03M |
|
1953
iShares International Dividend Growth ETF
IGRO
$1.31B
| $1.32M | ﹤0.01% |
22,690
+1,702
| +8% | +$93.5K |
|
1954
Vail Resorts
MTN
$5.28B
| $1.32M | ﹤0.01% |
5,505
+200
| +4% | +$46.9K |
|
|
NRAC
1955
DELISTED
Northern Revival Acquisition Corporation Class A Ordinary Share
NRAC
| $1.31M | ﹤0.01% |
130,136
+62,520
| +92% | +$626K |
|
|
AEAE
1956
DELISTED
AltEnergy Acquisition Corp
AEAE
| $1.31M | ﹤0.01% |
128,399
+50,365
| +65% | +$508K |
|
|
SPYM
1957
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $1.31M | ﹤0.01% |
29,084
+918
| +3% | +$41.5K |
|
1958
IDT Corp
IDT
$1.66B
| $1.31M | ﹤0.01% |
43,877
+5
| +0% | +$134 |
|
1959
Azenta
AZTA
$1.46B
| $1.3M | ﹤0.01% |
22,196
+12,830
| +137% | +$656K |
|
1960
United States Natural Gas Fund
UNG
$487M
| $1.3M | ﹤0.01% |
23,050
-11,988
| -34% | -$953K |
|
1961
JPMorgan International Growth ETF
JIG
$509M
| $1.3M | ﹤0.01% |
24,381
-7,921
| -25% | -$404K |
|
|
GAP
1962
The Gap Inc
GAP
$7.42B
| $1.29M | ﹤0.01% |
95,218
+31,223
| +49% | +$374K |
|
1963
iShares MSCI Emerging Markets Asia ETF
EEMA
$870M
| $1.29M | ﹤0.01% |
20,193
-80,704
| -80% | -$4.88M |
|
1964
VanEck High Yield Muni ETF
HYD
$4.4B
| $1.29M | ﹤0.01% |
24,861
-3,250
| -12% | -$164K |
|
1965
Chesapeake Utilities
CPK
$3.26B
| $1.29M | ﹤0.01% |
10,639
-675
| -6% | -$79.3K |
|
1966
Vistra
VST
$49.7B
| $1.28M | ﹤0.01% |
53,938
-651,118
| -92% | -$15.1M |
|
1967
TORM
TRMD
$3.08B
| $1.27M | ﹤0.01% |
+41,475
| New | +$1.12M |
|
1968
MBIA
MBI
$264M
| $1.27M | ﹤0.01% |
+97,694
| New | +$1.12M |
|
1969
Crocs
CROX
$6.32B
| $1.27M | ﹤0.01% |
11,683
-20,316
| -63% | -$1.8M |
|
1970
State Street SPDR S&P International Small Cap ETF
GWX
$931M
| $1.27M | ﹤0.01% |
42,867
-938
| -2% | -$26.5K |
|
1971
VanEck Vietnam ETF
VNM
$496M
| $1.26M | ﹤0.01% |
66,884
+60,531
| +953% | +$725K |
|
|
COUP
1972
CALL
DELISTED
Coupa Software Incorporated
COUP
| $1.26M | ﹤0.01% |
+15,900
| New | +$951K |
|
1973
nCino
NCNO
$2.28B
| $1.26M | ﹤0.01% |
+47,427
| New | +$1.33M |
|
1974
CALL
Automatic Data Processing
ADP
$108B
| $1.25M | ﹤0.01% |
5,200
-35,000
| -87% | -$8.59M |
|
|
ZNH
1975
DELISTED
China Southern Airlines Company Limited
ZNH
| $1.25M | ﹤0.01% |
36,571
-20,595
| -36% | -$604K |
|
Similar funds
Bank of Montreal's Q4 2022 Portfolio in Review
As of Q4 2022, Bank of Montreal held 4,615 positions worth $231B, up 99,568% from $232M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Bank of Montreal's Q4 2022 filing shows 555 new, 1,533 increased, 1,368 reduced and 682 closed positions. Its largest new stake was Brookfield Asset Management: 12,894,496 shares worth $369M. The largest sale was Brookfield, an estimated $1.98B.
By sector, the portfolio is most concentrated in Communication Services at 22% of assets, up from 21% a quarter earlier, followed by Financials and Consumer Discretionary.
- Bank of Montreal's largest Q4 2022 buy was Brookfield Asset Management: 12,894,496 shares worth $369M.
- Bank of Montreal added most to State Street SPDR S&P 500 ETF Trust in Q4 2022, an estimated $259M increase.
- Bank of Montreal's biggest Q4 2022 reduction was Brookfield, cutting an estimated $1.98B.
- Bank of Montreal fully exited 908 Devices in Q4 2022, selling an estimated $2.11M.
- Bank of Montreal's ten largest holdings make up 47% of its $231B portfolio in Q4 2022.
- Bank of Montreal opened 555 new positions and closed 682 in Q4 2022.
- Bank of Montreal's portfolio value rose 99,568% quarter-over-quarter to $231B.
Based on Bank of Montreal's 13F filing for Q4 2022, filed 1 Feb 2023.