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 |
Apple
AAPL
|
+$719M |
| 2 |
Scotiabank
BNS
|
+$505M |
| 3 |
Boeing
BA
|
+$442M |
| 4 |
Enbridge
ENB
|
+$337M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$318M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$585M |
| 2 |
Canadian National Railway
CNI
|
+$437M |
| 3 |
NVIDIA
NVDA
|
+$376M |
| 4 |
Advanced Micro Devices
AMD
|
+$367M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$306M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.87% |
| 2 | Technology | 15.92% |
| 3 | Communication Services | 8.01% |
| 4 | Industrials | 7.61% |
| 5 | Consumer Discretionary | 7.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATVI
176
DELISTED
Activision Blizzard
ATVI
| $218M | 0.1% |
2,778,080
+880,786
| +46% | +$73.6M |
|
177
Agnico Eagle Mines
AEM
$93.8B
| $218M | 0.1% |
4,235,040
+273,282
| +7% | +$15.9M |
|
178
FirstEnergy
FE
$27.2B
| $216M | 0.1% |
5,953,468
+1,005,735
| +20% | +$38.2M |
|
179
NetApp
NTAP
$39.6B
| $213M | 0.1% |
2,322,444
+258,940
| +13% | +$21.9M |
|
|
GRP.U
180
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $213M | 0.1% |
2,985,355
-461,745
| -13% | -$32.6M |
|
181
Simon Property Group
SPG
$71.4B
| $213M | 0.1% |
1,588,154
+286,205
| +22% | +$37.3M |
|
182
Applied Materials
AMAT
$435B
| $212M | 0.1% |
1,630,751
+245,595
| +18% | +$33.3M |
|
183
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $210M | 0.1% |
428,384
-25,573
| -6% | -$12.6M |
|
184
CBRE Group
CBRE
$42.7B
| $207M | 0.09% |
2,097,728
+514,882
| +33% | +$47.8M |
|
185
Carlisle Companies
CSL
$15.2B
| $206M | 0.09% |
1,005,189
-3,790
| -0.4% | -$765K |
|
186
PUT
Meta Platforms (Facebook)
META
$1.47T
| $206M | 0.09% |
600,000
+500,000
| +500% | +$180M |
|
187
Baxter International
BAX
$13.9B
| $203M | 0.09% |
2,483,504
+486,715
| +24% | +$38.5M |
|
188
Intercontinental Exchange
ICE
$85B
| $203M | 0.09% |
1,721,563
-114,210
| -6% | -$13.6M |
|
189
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $202M | 0.09% |
2,612,848
-14,304
| -0.5% | -$1.1M |
|
190
Fortinet
FTNT
$118B
| $202M | 0.09% |
3,501,025
-1,918,935
| -35% | -$111M |
|
191
HDFC Bank
HDB
$119B
| $202M | 0.09% |
5,510,410
+170,734
| +3% | +$6.33M |
|
192
Truist Financial
TFC
$64.3B
| $201M | 0.09% |
3,386,747
+641,718
| +23% | +$35.9M |
|
|
XYZ
193
PUT
Block Inc
XYZ
$47B
| $200M | 0.09% |
+826,000
| New | +$212M |
|
194
PNC Financial Services
PNC
$102B
| $200M | 0.09% |
1,004,962
+184,726
| +23% | +$34.9M |
|
195
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $196M | 0.09% |
5,133,864
+1,613,519
| +46% | +$60.4M |
|
|
SCHW
196
Charles Schwab
SCHW
$189B
| $195M | 0.09% |
2,570,887
+307,449
| +14% | +$22M |
|
197
CME Group
CME
$94.3B
| $194M | 0.09% |
983,826
+296,849
| +43% | +$60.1M |
|
|
198
Advanced Micro Devices
AMD
$788B
| $193M | 0.09% |
1,915,310
-3,585,620
| -65% | -$367M |
|
199
Regions Financial
RF
$26.9B
| $193M | 0.09% |
8,888,522
+3,086,376
| +53% | +$61.4M |
|
200
Cheniere Energy
LNG
$55.4B
| $192M | 0.09% |
1,959,760
+315,465
| +19% | +$27.6M |
|
Similar funds
Bank of Montreal's Q3 2021 Portfolio in Review
As of Q3 2021, Bank of Montreal held 4,070 positions worth $219B, up 9% from $201B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $10.5B of net new capital in Q3 2021, opening 436 new positions and adding to 1,500 existing holdings. Its largest new stake was Silicon Motion: 610,096 shares worth $44.6M.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Tesla, an estimated $585M trimmed.
- Bank of Montreal's largest Q3 2021 buy was Silicon Motion: 610,096 shares worth $44.6M.
- Bank of Montreal added most to Apple in Q3 2021, an estimated $719M increase.
- Bank of Montreal's biggest Q3 2021 reduction was Tesla, cutting an estimated $585M.
- Bank of Montreal fully exited Slack Technologies, Inc. in Q3 2021, selling an estimated $199M.
- Bank of Montreal's ten largest holdings make up 22% of its $219B portfolio in Q3 2021.
- Bank of Montreal opened 436 new positions and closed 272 in Q3 2021.
- Bank of Montreal's portfolio value rose 9% quarter-over-quarter to $219B.
Based on Bank of Montreal's 13F filing for Q3 2021, filed 12 Nov 2021.