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 | Technology | 11.24% |
| 5 | Industrials | 5.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Tidewater
TDW
$4.69B
| $964K | ﹤0.01% |
21,466
-33,558
| -61% | -$1.44M |
|
|
DNMR
2002
DELISTED
Danimer Scientific, Inc.
DNMR
| $962K | ﹤0.01% |
6,971
-4,308
| -38% | -$394K |
|
2003
CALL
Helen of Troy
HELE
$704M
| $962K | ﹤0.01% |
10,000
| – | – |
|
|
VMEO
2004
CALL
DELISTED
Vimeo
VMEO
| $960K | ﹤0.01% |
+250,000
| New | +$980K |
|
|
VMEO
2005
PUT
DELISTED
Vimeo
VMEO
| $960K | ﹤0.01% |
+250,000
| New | +$980K |
|
2006
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.35B
| $955K | ﹤0.01% |
40,479
+2,225
| +6% | +$52.5K |
|
2007
Cogent Communications
CCOI
$579M
| $954K | ﹤0.01% |
14,951
+2,727
| +22% | +$175K |
|
2008
AtriCure
ATRC
$2.25B
| $953K | ﹤0.01% |
22,635
+1,897
| +9% | +$78.7K |
|
|
NBIS
2009
Nebius Group N.V.
NBIS
$75.5B
| $952K | ﹤0.01% |
100,721
| – | – |
|
|
CRUZ
2010
DELISTED
Defiance Hotel, Airline, and Cruise ETF
CRUZ
| $950K | ﹤0.01% |
52,321
+20,740
| +66% | +$382K |
|
|
ICNC
2011
DELISTED
Iconic Sports Acquisition Corp.
ICNC
| $946K | ﹤0.01% |
90,000
-485,000
| -84% | -$5.06M |
|
|
NETC
2012
DELISTED
Nabors Energy Transition Corp.
NETC
| $945K | ﹤0.01% |
90,000
| – | – |
|
2013
Haemonetics
HAE
$4.13B
| $943K | ﹤0.01% |
11,364
-3,456
| -23% | -$280K |
|
2014
Park Hotels & Resorts
PK
$3.05B
| $943K | ﹤0.01% |
76,082
+8,002
| +12% | +$105K |
|
2015
Toast
TOST
$20.1B
| $941K | ﹤0.01% |
52,961
+29,120
| +122% | +$574K |
|
2016
RLI Corp
RLI
$5.85B
| $936K | ﹤0.01% |
13,936
+2,728
| +24% | +$181K |
|
2017
Saic
SAIC
$5.36B
| $935K | ﹤0.01% |
8,686
-12,781
| -60% | -$1.35M |
|
2018
Synaptics
SYNA
$4.25B
| $934K | ﹤0.01% |
8,369
+1,046
| +14% | +$121K |
|
2019
CALL
Magna International
MGA
$18.8B
| $933K | ﹤0.01% |
17,000
-83,000
| -83% | -$4.8M |
|
2020
Insight Enterprises
NSIT
$4.53B
| $931K | ﹤0.01% |
6,508
+736
| +13% | +$91.6K |
|
2021
Assured Guaranty
AGO
$3.38B
| $929K | ﹤0.01% |
14,818
-2,994
| -17% | -$174K |
|
2022
Kohl's
KSS
$2.18B
| $928K | ﹤0.01% |
39,283
-24,253
| -38% | -$684K |
|
|
CMRC
2023
CALL
Commerce.com Inc Series 1
CMRC
$181M
| $925K | ﹤0.01% |
+88,900
| New | +$901K |
|
|
TGNA
2024
DELISTED
TEGNA Inc
TGNA
| $924K | ﹤0.01% |
54,551
+9,389
| +21% | +$176K |
|
2025
Blackbaud
BLKB
$2.05B
| $924K | ﹤0.01% |
13,281
+1,552
| +13% | +$93K |
|
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 581 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 581 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.