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 |
PayPal
PYPL
|
+$888M |
| 2 |
Walt Disney
DIS
|
+$810M |
| 3 |
XYZ
Block Inc
XYZ
|
+$780M |
| 4 |
Advanced Micro Devices
AMD
|
+$771M |
| 5 |
NVIDIA
NVDA
|
+$737M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.5B |
| 2 |
Royal Bank of Canada
RY
|
+$752M |
| 3 |
Scotiabank
BNS
|
+$724M |
| 4 |
Toronto Dominion Bank
TD
|
+$601M |
| 5 |
Amazon
AMZN
|
+$492M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.35% |
| 2 | Technology | 18.08% |
| 3 | Communication Services | 9.42% |
| 4 | Consumer Discretionary | 8.18% |
| 5 | Miscellaneous | 7.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1976
Zai Lab
ZLAB
$2.86B
| $948K | ﹤0.01% |
13,958
-46,293
| -77% | -$3.93M |
2018 Q3
13 quarters
|
|
1977
Churchill Downs
CHDN
$5.21B
| $946K | ﹤0.01% |
7,860
-85,138
| -92% | -$10.1M |
2015 Q3
25 quarters
|
|
1978
Millicom
TIGO
$14.4B
| $945K | ﹤0.01% |
+33,081
| New | +$1.1M |
2021 Q4
0 quarters
|
|
1979
Vanguard International High Dividend Yield ETF
VYMI
$20.7B
| $945K | ﹤0.01% |
14,040
-3,833
| -21% | -$258K |
2016 Q4
20 quarters
|
|
1980
Seacoast Banking Corp of Florida
SBCF
$3.11B
| $943K | ﹤0.01% |
26,789
-2,356
| -8% | -$84.4K |
2017 Q4
16 quarters
|
|
1981
Apogee Enterprises
APOG
$745M
| $940K | ﹤0.01% |
19,197
-1,330
| -6% | -$58.1K |
2013 Q2
34 quarters
|
|
|
LAZR
1982
DELISTED
Luminar Technologies
LAZR
| $939K | ﹤0.01% |
+3,621
| New | +$906K |
2021 Q4
0 quarters
|
|
1983
CALL
PENN Entertainment
PENN
$1.95B
| $939K | ﹤0.01% |
+18,300
| New | +$1.11M |
2021 Q4
0 quarters
|
|
1984
Simply Good Foods
SMPL
$874M
| $937K | ﹤0.01% |
22,554
-4,408
| -16% | -$168K |
2017 Q3
17 quarters
|
|
1985
Northwest Natural Holdings
NWN
$1.96B
| $936K | ﹤0.01% |
19,129
+1,197
| +7% | +$55.7K |
2019 Q1
11 quarters
|
|
1986
Merit Medical Systems
MMSI
$5.14B
| $934K | ﹤0.01% |
14,542
-249,393
| -94% | -$16.7M |
2013 Q2
34 quarters
|
|
|
PTVE
1987
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $933K | ﹤0.01% |
72,772
+59,311
| +441% | +$772K |
2021 Q3
1 quarter
|
|
|
COOL
1988
DELISTED
Corner Growth Acquisition Corp. Class A Ordinary Shares
COOL
| $931K | ﹤0.01% |
+95,077
| New | +$930K |
2021 Q4
0 quarters
|
|
1989
New York Times
NYT
$10.3B
| $930K | ﹤0.01% |
19,285
-41,667
| -68% | -$2.06M |
2013 Q2
34 quarters
|
|
1990
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.93B
| $927K | ﹤0.01% |
29,714
+1,046
| +4% | +$30.5K |
2021 Q2
2 quarters
|
|
1991
Prestige Consumer Healthcare
PBH
$2.12B
| $926K | ﹤0.01% |
14,811
-2,600
| -15% | -$154K |
2013 Q2
34 quarters
|
|
|
DGL
1992
DELISTED
Invesco DB Gold Fund
DGL
| $923K | ﹤0.01% |
17,765
+1,107
| +7% | +$57K |
2021 Q2
2 quarters
|
|
1993
AZZ Inc
AZZ
$4.07B
| $922K | ﹤0.01% |
16,372
-930
| -5% | -$50.5K |
2013 Q2
34 quarters
|
|
1994
Arbutus Biopharma
ABUS
$903M
| $921K | ﹤0.01% |
236,858
+24,297
| +11% | +$94.4K |
2015 Q4
24 quarters
|
|
1995
Invesco DB US Dollar Index Bullish Fund
UUP
$427M
| $920K | ﹤0.01% |
35,711
-30,467
| -46% | -$777K |
2018 Q4
12 quarters
|
|
1996
AMC Entertainment Holdings
AMC
$2.46B
| $918K | ﹤0.01% |
3,170
-84
| -3% | -$29.6K |
2014 Q2
30 quarters
|
|
1997
Saia
SAIA
$9.16B
| $918K | ﹤0.01% |
2,728
+9
| +0.3% | +$2.79K |
2014 Q1
31 quarters
|
|
1998
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.8B
| $917K | ﹤0.01% |
21,780
-1,586
| -7% | -$66.6K |
2021 Q2
2 quarters
|
|
|
DESP
1999
DELISTED
Despegar.com
DESP
| $914K | ﹤0.01% |
92,636
+2,671
| +3% | +$29.4K |
2018 Q4
12 quarters
|
|
2000
Kontoor Brands
KTB
$3.47B
| $912K | ﹤0.01% |
17,637
-726,862
| -98% | -$39M |
2019 Q2
10 quarters
|
|
Similar funds
Bank of Montreal's Q4 2021 Portfolio in Review
As of Q4 2021, Bank of Montreal held 4,087 positions worth $188B, down 14% from $219B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal withdrew a net $25.6B in Q4 2021, closing 620 positions and reducing 1,907 holdings. Its most notable exit was Algonquin Power & Utilities Corp Units, an estimated $54.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 24% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in Tricon Residential Inc. worth $286M.
- Bank of Montreal's largest Q4 2021 buy was Tricon Residential Inc.: 18,861,108 shares worth $286M.
- Bank of Montreal added most to PayPal in Q4 2021, an estimated $888M increase.
- Bank of Montreal's biggest Q4 2021 reduction was Apple, cutting an estimated $1.5B.
- Bank of Montreal fully exited Algonquin Power & Utilities Corp Units in Q4 2021, selling an estimated $54.6M.
- Bank of Montreal's ten largest holdings make up 24% of its $188B portfolio in Q4 2021.
- Bank of Montreal opened 406 new positions and closed 620 in Q4 2021.
- Bank of Montreal's portfolio value fell 14% quarter-over-quarter to $188B.
Based on Bank of Montreal's 13F filing for Q4 2021, filed 11 Feb 2022.