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 | |
|---|---|---|---|---|---|---|---|
1976
iShares MSCI Japan Value ETF
EWJV
$783M
| $1.01M | ﹤0.01% |
+39,796
| New | +$1.01M |
2023 Q1
0 quarters
|
|
|
LEV
1977
DELISTED
The Lion Electric Company
LEV
| $1.01M | ﹤0.01% |
533,383
+32,033
| +6% | +$72.4K |
2021 Q2
7 quarters
|
|
1978
Immuneering
IMRX
$261M
| $1.01M | ﹤0.01% |
+96,028
| New | +$545K |
2023 Q1
0 quarters
|
|
1979
SPX Corp
SPXC
$8.5B
| $1.01M | ﹤0.01% |
14,232
+2,481
| +21% | +$176K |
2017 Q2
23 quarters
|
|
1980
Marriott Vacations Worldwide
VAC
$3.52B
| $998K | ﹤0.01% |
6,519
-102
| -2% | -$15.1K |
2013 Q2
39 quarters
|
|
1981
Cal-Maine
CALM
$3.08B
| $997K | ﹤0.01% |
16,242
+2,744
| +20% | +$153K |
2017 Q2
23 quarters
|
|
1982
Littelfuse
LFUS
$11.1B
| $997K | ﹤0.01% |
3,707
-549
| -13% | -$141K |
2013 Q2
39 quarters
|
|
1983
Vanguard S&P 500 Value ETF
VOOV
$6.55B
| $995K | ﹤0.01% |
6,782
+35
| +0.5% | +$5.11K |
2020 Q2
11 quarters
|
|
1984
CALL
Costco
COST
$406B
| $995K | ﹤0.01% |
2,000
-10,000
| -83% | -$4.9M |
2022 Q4
1 quarter
|
|
1985
PUT
QuantumScape Corp
QS
$2.82B
| $993K | ﹤0.01% |
121,200
+1,600
| +1% | +$13K |
2022 Q1
4 quarters
|
|
1986
Global X Lithium & Battery Tech ETF
LIT
$1.43B
| $988K | ﹤0.01% |
15,538
+662
| +4% | +$42.7K |
2013 Q2
39 quarters
|
|
1987
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.2B
| $987K | ﹤0.01% |
37,818
+26,324
| +229% | +$686K |
2020 Q4
9 quarters
|
|
1988
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11B
| $984K | ﹤0.01% |
21,564
-246
| -1% | -$11.2K |
2016 Q3
26 quarters
|
|
1989
World Kinect Corp
WKC
$1.8B
| $982K | ﹤0.01% |
33,855
-327
| -1% | -$8.9K |
2013 Q2
39 quarters
|
|
1990
Applied Industrial Technologies
AIT
$12.5B
| $982K | ﹤0.01% |
6,900
+1,241
| +22% | +$168K |
2013 Q2
39 quarters
|
|
1991
Fidelity International High Dividend ETF
FIDI
$376M
| $982K | ﹤0.01% |
51,744
+7,432
| +17% | +$144K |
2022 Q3
2 quarters
|
|
1992
PUT
Enovix
ENVX
$610M
| $982K | ﹤0.01% |
+75,086
| New | +$617K |
2023 Q1
0 quarters
|
|
1993
Arbutus Biopharma
ABUS
$903M
| $981K | ﹤0.01% |
317,455
-2,338
| -0.7% | -$6.59K |
2015 Q4
29 quarters
|
|
1994
iShares MSCI Switzerland ETF
EWL
$2.65B
| $975K | ﹤0.01% |
21,500
-122
| -0.6% | -$5.39K |
2015 Q3
30 quarters
|
|
1995
Sprott Physical Gold and Silver Trust
CEF
$7.32B
| $973K | ﹤0.01% |
51,335
+5,652
| +12% | +$101K |
2013 Q2
39 quarters
|
|
1996
Integra LifeSciences
IART
$1.25B
| $971K | ﹤0.01% |
16,906
+1,255
| +8% | +$70.7K |
2013 Q2
39 quarters
|
|
|
ITAQ
1997
DELISTED
Industrial Tech Acquisitions II, Inc. Class A Common Stock
ITAQ
| $971K | ﹤0.01% |
93,240
+78,240
| +522% | +$807K |
2022 Q2
3 quarters
|
|
1998
Chunghwa Telecom
CHT
$35.3B
| $970K | ﹤0.01% |
24,494
+366
| +2% | +$13.9K |
2013 Q2
39 quarters
|
|
|
CADE
1999
DELISTED
Cadence Bank
CADE
| $968K | ﹤0.01% |
40,510
+14,797
| +58% | +$368K |
2013 Q2
39 quarters
|
|
|
HEWC
2000
DELISTED
iShares Currency Hedged MSCI Canada ETF
HEWC
| $965K | ﹤0.01% |
31,784
| – | – |
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.