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 | Miscellaneous | 12.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1951
PUT
Tilray
TLRY
$528M
| $1.03M | ﹤0.01% |
42,440
| – | – |
2022 Q1
7 quarters
|
|
1952
CALL
Hertz
HTZ
$617M
| $1.02M | ﹤0.01% |
+95,700
| New | +$924K |
2023 Q4
0 quarters
|
|
1953
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $1.02M | ﹤0.01% |
16,413
+10,665
| +186% | +$627K |
2013 Q2
42 quarters
|
|
1954
iShares World ex U.S. Carbon Transition Readiness Aware Active ETF
LCTD
$301M
| $1.02M | ﹤0.01% |
23,199
+10,941
| +89% | +$449K |
2023 Q3
1 quarter
|
|
|
KLG
1955
DELISTED
WK Kellogg Co
KLG
| $1.02M | ﹤0.01% |
+77,613
| New | +$873K |
2023 Q4
0 quarters
|
|
1956
Vanguard Russell 1000 Growth ETF
VONG
$47B
| $1.02M | ﹤0.01% |
12,988
-701,494
| -98% | -$51.1M |
2020 Q4
12 quarters
|
|
1957
Starwood Property Trust
STWD
$4.88B
| $1.02M | ﹤0.01% |
47,277
+306
| +0.7% | +$6.01K |
2013 Q2
42 quarters
|
|
1958
EnerSys
ENS
$6.84B
| $1.02M | ﹤0.01% |
9,806
-1,270
| -11% | -$117K |
2015 Q4
32 quarters
|
|
1959
iShares US Utilities ETF
IDU
$1.33B
| $1.01M | ﹤0.01% |
11,902
-3,551
| -23% | -$272K |
2021 Q2
10 quarters
|
|
1960
BellRing Brands
BRBR
$860M
| $1.01M | ﹤0.01% |
17,979
+3,777
| +27% | +$182K |
2022 Q1
7 quarters
|
|
1961
XP
XP
$10.7B
| $1M | ﹤0.01% |
37,284
-1,891
| -5% | -$43.2K |
2021 Q4
8 quarters
|
|
1962
Murphy USA
MUSA
$9.4B
| $1M | ﹤0.01% |
2,784
+205
| +8% | +$74.3K |
2013 Q3
41 quarters
|
|
1963
iShares Semiconductor ETF
SOXX
$49.1B
| $1M | ﹤0.01% |
5,163
-936
| -15% | -$157K |
2016 Q4
28 quarters
|
|
|
NPKI
1964
NPK International
NPKI
$1B
| $1M | ﹤0.01% |
+143,001
| New | +$997K |
2023 Q4
0 quarters
|
|
1965
Sixth Street Specialty
TSLX
$1.72B
| $999K | ﹤0.01% |
+45,484
| New | +$935K |
2023 Q4
0 quarters
|
|
1966
Independent Bank
INDB
$3.74B
| $999K | ﹤0.01% |
14,713
-1,069
| -7% | -$59K |
2013 Q2
42 quarters
|
|
1967
Lithia Motors
LAD
$6.73B
| $997K | ﹤0.01% |
3,008
+154
| +5% | +$42.3K |
2013 Q2
42 quarters
|
|
1968
Invesco Global Water ETF
PIO
$259M
| $997K | ﹤0.01% |
25,113
+19,662
| +361% | +$690K |
2021 Q2
10 quarters
|
|
|
TGB
1969
Trekor Metals
TGB
$3.04B
| $996K | ﹤0.01% |
676,465
-77,073
| -10% | -$94.7K |
2013 Q2
42 quarters
|
|
1970
Dolby
DLB
$5.53B
| $991K | ﹤0.01% |
11,391
+219
| +2% | +$18.5K |
2014 Q3
37 quarters
|
|
1971
Hanover Insurance
THG
$7.55B
| $991K | ﹤0.01% |
7,955
-879
| -10% | -$105K |
2013 Q2
42 quarters
|
|
1972
Under Armour
UAA
$1.99B
| $990K | ﹤0.01% |
110,650
+52,398
| +90% | +$403K |
2013 Q2
42 quarters
|
|
1973
Power Integrations
POWI
$2.88B
| $988K | ﹤0.01% |
11,800
-621
| -5% | -$47.6K |
2013 Q2
42 quarters
|
|
1974
Fabrinet
FN
$16.2B
| $988K | ﹤0.01% |
4,951
-19,958
| -80% | -$3.42M |
2015 Q4
32 quarters
|
|
1975
Qualys
QLYS
$6.48B
| $986K | ﹤0.01% |
4,896
+129
| +3% | +$22.6K |
2015 Q4
32 quarters
|
|
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 500 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 500 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.