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 | |
|---|---|---|---|---|---|---|---|
1976
PUT
Burlington
BURL
$17.3B
| $986K | ﹤0.01% |
+5,000
| New | +$746K |
2023 Q4
0 quarters
|
|
|
TMHC
1977
DELISTED
Taylor Morrison
TMHC
| $984K | ﹤0.01% |
18,183
-100,565
| -85% | -$4.5M |
2015 Q4
32 quarters
|
|
1978
PUT
KB Home
KBH
$2.83B
| $978K | ﹤0.01% |
15,500
| – | – |
2022 Q3
5 quarters
|
|
1979
Graphic Packaging
GPK
$2.65B
| $978K | ﹤0.01% |
39,410
+1,753
| +5% | +$39.3K |
2013 Q2
42 quarters
|
|
1980
GraniteShares Platinum Shares
PLTM
$186M
| $977K | ﹤0.01% |
+99,771
| New | +$888K |
2023 Q4
0 quarters
|
|
1981
Cousins Properties
CUZ
$4.55B
| $974K | ﹤0.01% |
39,337
-53,256
| -58% | -$1.09M |
2013 Q2
42 quarters
|
|
1982
CALL
Rivian
RIVN
$21.4B
| $970K | ﹤0.01% |
41,200
| – | – |
2023 Q2
2 quarters
|
|
|
PYCR
1983
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $970K | ﹤0.01% |
+44,172
| New | +$959K |
2023 Q4
0 quarters
|
|
1984
CALL
Sally Beauty Holdings
SBH
$1.5B
| $968K | ﹤0.01% |
+70,900
| New | +$687K |
2023 Q4
0 quarters
|
|
1985
Cerence
CRNC
$366M
| $964K | ﹤0.01% |
47,466
-262,738
| -85% | -$4.56M |
2019 Q4
16 quarters
|
|
1986
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.85B
| $962K | ﹤0.01% |
18,036
-5,947
| -25% | -$300K |
2021 Q1
11 quarters
|
|
1987
Exelixis
EXEL
$14.4B
| $959K | ﹤0.01% |
39,726
+3,287
| +9% | +$71.5K |
2014 Q4
36 quarters
|
|
1988
Porch Group
PRCH
$1.9B
| $958K | ﹤0.01% |
294,913
+115,963
| +65% | +$163K |
2021 Q3
9 quarters
|
|
1989
GXO Logistics
GXO
$5.27B
| $958K | ﹤0.01% |
15,362
+881
| +6% | +$49.4K |
2021 Q3
9 quarters
|
|
|
CLVT.PRA
1990
DELISTED
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
| $958K | ﹤0.01% |
25,000
| – | – |
2022 Q4
4 quarters
|
|
1991
Eagle Bancorp
EGBN
$860M
| $957K | ﹤0.01% |
30,700
+21,149
| +221% | +$499K |
2023 Q2
2 quarters
|
|
|
PR
1992
CALL
Permian Resources
PR
$18.4B
| $953K | ﹤0.01% |
70,000
-14,900
| -18% | -$204K |
2023 Q2
2 quarters
|
|
1993
Amplify BlueStar Israel Technology ETF
ITEQ
$109M
| $953K | ﹤0.01% |
20,492
+17,466
| +577% | +$716K |
2019 Q3
17 quarters
|
|
|
GTLS
1994
DELISTED
Chart Industries
GTLS
| $952K | ﹤0.01% |
6,747
-2,165
| -24% | -$293K |
2013 Q2
42 quarters
|
|
1995
Howard Hughes
HHH
$4.3B
| $948K | ﹤0.01% |
+11,478
| New | +$805K |
2023 Q4
0 quarters
|
|
1996
Applied Industrial Technologies
AIT
$12.5B
| $944K | ﹤0.01% |
5,395
+129
| +2% | +$20.9K |
2013 Q2
42 quarters
|
|
1997
CALL
Rocket Pharmaceuticals
RCKT
$284M
| $942K | ﹤0.01% |
30,500
-4,500
| -13% | -$99.3K |
2023 Q3
1 quarter
|
|
1998
FIGS
FIGS
$2.34B
| $940K | ﹤0.01% |
127,600
-301
| -0.2% | -$1.99K |
2021 Q4
8 quarters
|
|
1999
Schwab Emerging Markets Equity ETF
SCHE
$12.7B
| $940K | ﹤0.01% |
37,891
-5,725
| -13% | -$138K |
2013 Q2
42 quarters
|
|
2000
Avis
CAR
$3.75B
| $937K | ﹤0.01% |
4,808
+1,043
| +28% | +$190K |
2013 Q2
42 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.