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 | |
|---|---|---|---|---|---|---|---|
2001
CALL
First Majestic Silver
AG
$8.7B
| $933K | ﹤0.01% |
145,000
| – | – |
2023 Q2
2 quarters
|
|
2002
CALL
Coinbase
COIN
$49.9B
| $932K | ﹤0.01% |
+5,000
| New | +$546K |
2023 Q4
0 quarters
|
|
2003
MDU Resources
MDU
$3.89B
| $931K | ﹤0.01% |
83,871
-847
| -1% | -$8.94K |
2013 Q2
42 quarters
|
|
2004
CALL
UGI
UGI
$7.8B
| $929K | ﹤0.01% |
37,100
| – | – |
2023 Q3
1 quarter
|
|
|
2005
PUT
UGI
UGI
$7.8B
| $929K | ﹤0.01% |
37,100
| – | – |
2023 Q3
1 quarter
|
|
2006
CALL
FB Financial Corp
FBK
$2.6B
| $927K | ﹤0.01% |
+22,500
| New | +$745K |
2023 Q4
0 quarters
|
|
2007
PUT
Whirlpool
WHR
$1.99B
| $925K | ﹤0.01% |
+7,500
| New | +$874K |
2023 Q4
0 quarters
|
|
2008
Brady Corp
BRC
$3.95B
| $924K | ﹤0.01% |
15,528
+11,482
| +284% | +$633K |
2013 Q2
42 quarters
|
|
2009
BlackRock ETF Trust II iShares AAA CLO Active ETF
CLOA
$2.33B
| $923K | ﹤0.01% |
+18,000
| New | +$921K |
2023 Q4
0 quarters
|
|
2010
Alkermes
ALKS
$6.8B
| $922K | ﹤0.01% |
33,007
+16,521
| +100% | +$429K |
2022 Q1
7 quarters
|
|
2011
Breakwave Dry Bulk Shipping ETF
BDRY
$34.5M
| $921K | ﹤0.01% |
+78,750
| New | +$564K |
2023 Q4
0 quarters
|
|
2012
SunCoke Energy
SXC
$827M
| $919K | ﹤0.01% |
83,133
+580
| +0.7% | +$5.53K |
2013 Q2
42 quarters
|
|
2013
Coca-Cola Consolidated
COKE
$12.5B
| $916K | ﹤0.01% |
9,590
+1,600
| +20% | +$116K |
2013 Q2
42 quarters
|
|
2014
Boise Cascade
BCC
$2.61B
| $916K | ﹤0.01% |
7,012
+541
| +8% | +$58K |
2013 Q2
42 quarters
|
|
2015
Bank of Hawaii
BOH
$2.71B
| $914K | ﹤0.01% |
12,287
-2,481
| -17% | -$142K |
2013 Q2
42 quarters
|
|
|
PPBI
2016
DELISTED
Pacific Premier Bancorp
PPBI
| $913K | ﹤0.01% |
30,443
+5,099
| +20% | +$119K |
2017 Q3
25 quarters
|
|
2017
Array Technologies
ARRY
$599M
| $913K | ﹤0.01% |
53,407
+6,731
| +14% | +$116K |
2020 Q4
12 quarters
|
|
2018
Pilgrim's Pride
PPC
$6B
| $912K | ﹤0.01% |
+32,950
| New | +$839K |
2023 Q4
0 quarters
|
|
2019
CALL
Murphy Oil
MUR
$5.37B
| $912K | ﹤0.01% |
21,100
| – | – |
2023 Q2
2 quarters
|
|
2020
Neogen
NEOG
$2.67B
| $908K | ﹤0.01% |
44,403
-632
| -1% | -$10.7K |
2013 Q2
42 quarters
|
|
2021
Dillards
DDS
$10.1B
| $907K | ﹤0.01% |
2,221
+38
| +2% | +$12.9K |
2013 Q2
42 quarters
|
|
|
UCB
2022
United Community Banks
UCB
$4.02B
| $906K | ﹤0.01% |
29,733
+9,230
| +45% | +$236K |
2013 Q3
41 quarters
|
|
2023
Avista
AVA
$2.94B
| $905K | ﹤0.01% |
25,182
-689
| -3% | -$23.3K |
2013 Q2
42 quarters
|
|
2024
Teucrium Soybean Fund
SOYB
$44.9M
| $903K | ﹤0.01% |
32,260
+31,560
| +4,509% | +$875K |
2023 Q2
2 quarters
|
|
2025
Apple Hospitality REIT
APLE
$3.86B
| $903K | ﹤0.01% |
53,479
+28,188
| +111% | +$458K |
2023 Q3
1 quarter
|
|
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.