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 | |
|---|---|---|---|---|---|---|---|
1951
Vertiv
VRT
$94.8B
| $1.04M | ﹤0.01% |
66,070
-227,121
| -77% | -$3.33M |
2022 Q3
2 quarters
|
|
1952
Kilroy Realty
KRC
$3.87B
| $1.04M | ﹤0.01% |
32,223
+17,404
| +117% | +$635K |
2013 Q2
39 quarters
|
|
1953
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.5B
| $1.04M | ﹤0.01% |
60,638
+11,548
| +24% | +$192K |
2021 Q1
8 quarters
|
|
1954
Coherent
COHR
$62.5B
| $1.04M | ﹤0.01% |
27,137
+6,609
| +32% | +$269K |
2013 Q2
39 quarters
|
|
1955
Nice
NICE
$6.83B
| $1.04M | ﹤0.01% |
4,527
+445
| +11% | +$93.5K |
2021 Q4
5 quarters
|
|
1956
PUT
Virgin Galactic
SPCE
$453M
| $1.03M | ﹤0.01% |
12,500
-5,255
| -30% | -$524K |
2022 Q1
4 quarters
|
|
1957
Fidelity MSCI Health Care Index ETF
FHLC
$3.39B
| $1.03M | ﹤0.01% |
16,832
+14,710
| +693% | +$913K |
2021 Q2
7 quarters
|
|
1958
Wyndham Hotels & Resorts
WH
$5.31B
| $1.03M | ﹤0.01% |
15,236
-4,470
| -23% | -$329K |
2018 Q2
19 quarters
|
|
|
AFDM
1959
First Trust Exchange-Traded Fund III First Trust Active Factor International ETF
AFDM
$160M
| $1.03M | ﹤0.01% |
+18,302
| New | +$1.01M |
2023 Q1
0 quarters
|
|
|
CLVT.PRA
1960
DELISTED
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
| $1.03M | ﹤0.01% |
25,000
| – | – |
2022 Q4
1 quarter
|
|
|
DISH
1961
PUT
DELISTED
DISH Network Corp.
DISH
| $1.03M | ﹤0.01% |
+110,000
| New | +$1.39M |
2023 Q1
0 quarters
|
|
1962
Murphy USA
MUSA
$9.4B
| $1.03M | ﹤0.01% |
3,965
+639
| +19% | +$166K |
2013 Q3
38 quarters
|
|
1963
Starwood Property Trust
STWD
$4.88B
| $1.03M | ﹤0.01% |
57,963
+31,732
| +121% | +$613K |
2013 Q2
39 quarters
|
|
1964
SunCoke Energy
SXC
$827M
| $1.03M | ﹤0.01% |
114,265
+3,937
| +4% | +$36K |
2013 Q2
39 quarters
|
|
1965
UiPath
PATH
$6.94B
| $1.03M | ﹤0.01% |
56,873
-74,976
| -57% | -$1.13M |
2021 Q3
6 quarters
|
|
1966
Independent Bank
INDB
$3.74B
| $1.02M | ﹤0.01% |
12,613
+5,074
| +67% | +$388K |
2013 Q2
39 quarters
|
|
1967
Fox Factory Holding Corp
FOXF
$772M
| $1.02M | ﹤0.01% |
8,425
+1,570
| +23% | +$180K |
2015 Q4
29 quarters
|
|
1968
Atlanta Braves Holdings Series B
BATRK
$3.35B
| $1.02M | ﹤0.01% |
30,290
+30,134
| +19,317% | +$1.01M |
2016 Q2
27 quarters
|
|
1969
Shift4
FOUR
$2.81B
| $1.02M | ﹤0.01% |
+13,485
| New | +$869K |
2023 Q1
0 quarters
|
|
1970
Mine Safety
MSA
$6.91B
| $1.02M | ﹤0.01% |
7,639
+15
| +0.2% | +$2.02K |
2013 Q2
39 quarters
|
|
1971
Array Technologies
ARRY
$599M
| $1.02M | ﹤0.01% |
46,372
+12,826
| +38% | +$262K |
2020 Q4
9 quarters
|
|
1972
PUT
Bausch Health
BHC
$2.14B
| $1.02M | ﹤0.01% |
125,500
+125,000
| +25,000% | +$1M |
2022 Q3
2 quarters
|
|
|
MCHB
1973
Mechanics Bancorp
MCHB
$3.28B
| $1.02M | ﹤0.01% |
38,917
+822
| +2% | +$20.6K |
2013 Q2
39 quarters
|
|
1974
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.28B
| $1.02M | ﹤0.01% |
878
| – | – |
2021 Q4
5 quarters
|
|
1975
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$579M
| $1.02M | ﹤0.01% |
30,765
+744
| +2% | +$23.9K |
2021 Q2
7 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.