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 |
Meta Platforms (Facebook)
META
|
+$445M |
| 2 |
Advanced Micro Devices
AMD
|
+$392M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$267M |
| 4 |
Adobe
ADBE
|
+$236M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.61B |
| 2 |
Apple
AAPL
|
+$1.09B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$612M |
| 4 |
Visa
V
|
+$554M |
| 5 |
Citigroup
C
|
+$497M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 21.65% |
| 2 | Financials | 20% |
| 3 | Technology | 16.36% |
| 4 | Communication Services | 7.91% |
| 5 | Industrials | 6.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2001
CALL
SiriusXM
SIRI
$8.64B
| $1.66M | ﹤0.01% |
+25,000
| New | +$1.57M |
2022 Q1
0 quarters
|
|
|
GGMC
2002
DELISTED
Glenfarne Merger Corp. Class A Common Stock
GGMC
| $1.66M | ﹤0.01% |
170,000
| – | – |
2021 Q4
1 quarter
|
|
|
TWKS
2003
CALL
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $1.65M | ﹤0.01% |
+79,600
| New | +$1.74M |
2022 Q1
0 quarters
|
|
|
UCB
2004
United Community Banks
UCB
$4.02B
| $1.65M | ﹤0.01% |
45,445
+2,805
| +7% | +$103K |
2013 Q3
34 quarters
|
|
|
LOVE
2005
LoveSac
LOVE
$216M
| $1.63M | ﹤0.01% |
+29,810
| New | +$1.43M |
2022 Q1
0 quarters
|
|
2006
PIMCO Dynamic Income Fund
PDI
$6.74B
| $1.63M | ﹤0.01% |
67,312
+1,441
| +2% | +$35.4K |
2015 Q1
28 quarters
|
|
|
NSTB
2007
DELISTED
Northern Star Investment Corp. II
NSTB
| $1.63M | ﹤0.01% |
166,590
-14,000
| -8% | -$136K |
2021 Q4
1 quarter
|
|
|
WBS
2008
DELISTED
Webster Financial
WBS
| $1.61M | ﹤0.01% |
27,864
+18,611
| +201% | +$1.1M |
2013 Q2
35 quarters
|
|
2009
Knight Transportation
KNX
$10.6B
| $1.61M | ﹤0.01% |
30,651
-54,230
| -64% | -$2.99M |
2017 Q3
18 quarters
|
|
2010
CALL
Waste Management
WM
$80.7B
| $1.59M | ﹤0.01% |
+10,000
| New | +$1.52M |
2022 Q1
0 quarters
|
|
|
ABST
2011
DELISTED
Absolute Software Corp
ABST
| $1.59M | ﹤0.01% |
181,937
-6,447
| -3% | -$54.7K |
2020 Q4
5 quarters
|
|
2012
Euronet Worldwide
EEFT
$2.38B
| $1.59M | ﹤0.01% |
12,604
+3,549
| +39% | +$450K |
2013 Q2
35 quarters
|
|
2013
XP
XP
$10.7B
| $1.59M | ﹤0.01% |
50,740
+39,799
| +364% | +$1.24M |
2021 Q4
1 quarter
|
|
2014
Invesco Taxable Municipal Bond ETF
BAB
$844M
| $1.59M | ﹤0.01% |
53,481
+8,386
| +19% | +$262K |
2020 Q2
7 quarters
|
|
2015
INNOVATE Corp
VATE
$101M
| $1.58M | ﹤0.01% |
+41,941
| New | +$1.56M |
2022 Q1
0 quarters
|
|
2016
Omnicell
OMCL
$1.53B
| $1.58M | ﹤0.01% |
11,981
+77
| +0.6% | +$11.1K |
2013 Q2
35 quarters
|
|
2017
Federal Signal
FSS
$6.85B
| $1.58M | ﹤0.01% |
45,499
-349
| -0.8% | -$13K |
2016 Q2
23 quarters
|
|
2018
NorthWestern Energy
NWE
$4.22B
| $1.58M | ﹤0.01% |
26,264
+1,527
| +6% | +$89.4K |
2013 Q2
35 quarters
|
|
2019
Hecla Mining
HL
$11.4B
| $1.58M | ﹤0.01% |
238,084
+32,572
| +16% | +$188K |
2013 Q2
35 quarters
|
|
2020
Global X Silver Miners ETF NEW
SIL
$4.46B
| $1.58M | ﹤0.01% |
42,592
+20,155
| +90% | +$714K |
2019 Q3
10 quarters
|
|
2021
Dimensional US Targeted Value ETF
DFAT
$13.8B
| $1.57M | ﹤0.01% |
32,702
-135
| -0.4% | -$6.29K |
2021 Q2
3 quarters
|
|
2022
JPMorgan BetaBuilders Canada ETF
BBCA
$10.8B
| $1.57M | ﹤0.01% |
22,130
| – | – |
2021 Q3
2 quarters
|
|
|
ACII
2023
DELISTED
Atlas Crest Investment Corp. II
ACII
| $1.57M | ﹤0.01% |
+160,000
| New | +$1.56M |
2022 Q1
0 quarters
|
|
2024
iShares Core Dividend Growth ETF
DGRO
$41.9B
| $1.56M | ﹤0.01% |
28,827
-5,251
| -15% | -$280K |
2017 Q2
19 quarters
|
|
2025
XPEL
XPEL
$1.22B
| $1.56M | ﹤0.01% |
26,874
-9,836
| -27% | -$608K |
2021 Q3
2 quarters
|
|
Similar funds
Bank of Montreal's Q1 2022 Portfolio in Review
As of Q1 2022, Bank of Montreal held 4,423 positions worth $206B, up 9.7% from $188B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Bank of Montreal withdrew a net $16B in Q1 2022, closing 286 positions and reducing 1,452 holdings. Its most notable exit was Xilinx Inc, an estimated $143M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 7.7% a quarter earlier, followed by Financials and Technology.
Against the trend, Bank of Montreal opened a new position in Algonquin Power & Utilities Corp Units worth $90.8M.
- Bank of Montreal's largest Q1 2022 buy was Algonquin Power & Utilities Corp Units: 1,842,100 shares worth $90.8M.
- Bank of Montreal added most to Meta Platforms (Facebook) in Q1 2022, an estimated $445M increase.
- Bank of Montreal's biggest Q1 2022 reduction was Microsoft, cutting an estimated $1.61B.
- Bank of Montreal fully exited Xilinx Inc in Q1 2022, selling an estimated $143M.
- Bank of Montreal's ten largest holdings make up 24% of its $206B portfolio in Q1 2022.
- Bank of Montreal opened 845 new positions and closed 286 in Q1 2022.
- Bank of Montreal's portfolio value rose 9.7% quarter-over-quarter to $206B.
Based on Bank of Montreal's 13F filing for Q1 2022, filed 12 May 2022.