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 | |
|---|---|---|---|---|---|---|---|
2051
Rush Street Interactive
RSI
$2.35B
| $900K | ﹤0.01% |
288,520
-470,522
| -62% | -$1.81M |
2022 Q1
4 quarters
|
|
2052
CALL
INNOVATE Corp
VATE
$101M
| $900K | ﹤0.01% |
+30,000
| New | +$877K |
2023 Q1
0 quarters
|
|
|
PLL
2053
DELISTED
Piedmont Lithium
PLL
| $895K | ﹤0.01% |
+14,884
| New | +$903K |
2023 Q1
0 quarters
|
|
2054
Watts Water Technologies
WTS
$12B
| $890K | ﹤0.01% |
5,286
+850
| +19% | +$140K |
2013 Q2
39 quarters
|
|
2055
Invesco FTSE RAFI US 1000 ETF
PRF
$9.8B
| $885K | ﹤0.01% |
28,215
+8,510
| +43% | +$270K |
2013 Q2
39 quarters
|
|
|
AZPN
2056
DELISTED
Aspen Technology Inc
AZPN
| $881K | ﹤0.01% |
3,826
-97
| -2% | -$20.1K |
2022 Q2
3 quarters
|
|
|
TRHC
2057
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $880K | ﹤0.01% |
150,846
-69,474
| -32% | -$398K |
2022 Q3
2 quarters
|
|
2058
Fidelity MSCI Real Estate Index ETF
FREL
$1.35B
| $879K | ﹤0.01% |
+28,616
| New | +$739K |
2023 Q1
0 quarters
|
|
|
FRGI
2059
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $874K | ﹤0.01% |
+100,996
| New | +$839K |
2023 Q1
0 quarters
|
|
2060
iShares International Select Dividend ETF
IDV
$8.09B
| $873K | ﹤0.01% |
31,728
+11,934
| +60% | +$336K |
2013 Q2
39 quarters
|
|
2061
Seacoast Banking Corp of Florida
SBCF
$3.11B
| $873K | ﹤0.01% |
28,601
+9,524
| +50% | +$283K |
2017 Q4
21 quarters
|
|
2062
News Corp Class B
NWS
$17B
| $869K | ﹤0.01% |
49,811
-42,986
| -46% | -$794K |
2013 Q3
38 quarters
|
|
2063
Hancock Whitney
HWC
$5.77B
| $868K | ﹤0.01% |
23,787
+4,090
| +21% | +$191K |
2013 Q2
39 quarters
|
|
2064
Royce Value Trust
RVT
$2.12B
| $868K | ﹤0.01% |
58,277
-4,317
| -7% | -$60.5K |
2013 Q2
39 quarters
|
|
2065
BellRing Brands
BRBR
$860M
| $867K | ﹤0.01% |
25,443
+7,220
| +40% | +$213K |
2022 Q1
4 quarters
|
|
2066
CALL
Live Oak Bancshares
LOB
$1.68B
| $865K | ﹤0.01% |
+25,000
| New | +$784K |
2023 Q1
0 quarters
|
|
2067
HealthEquity
HQY
$7.39B
| $863K | ﹤0.01% |
14,685
+3,404
| +30% | +$207K |
2015 Q2
31 quarters
|
|
2068
Avis
CAR
$3.75B
| $861K | ﹤0.01% |
4,380
+498
| +13% | +$100K |
2013 Q2
39 quarters
|
|
|
HUT
2069
Hut 8
HUT
$10.6B
| $859K | ﹤0.01% |
93,628
-116,416
| -55% | -$989K |
2021 Q2
7 quarters
|
|
2070
GXO Logistics
GXO
$5.27B
| $859K | ﹤0.01% |
17,009
-139
| -0.8% | -$6.92K |
2021 Q3
6 quarters
|
|
|
ADAL
2071
DELISTED
Anthemis Digital Acquisitions I Corp Class A Ordinary Shares
ADAL
| $857K | ﹤0.01% |
82,002
| – | – |
2022 Q3
2 quarters
|
|
2072
PBF Energy
PBF
$9.76B
| $855K | ﹤0.01% |
19,673
+3,932
| +25% | +$166K |
2013 Q4
37 quarters
|
|
2073
GameStop
GME
$12.2B
| $854K | ﹤0.01% |
37,102
+3,343
| +10% | +$66.6K |
2013 Q2
39 quarters
|
|
2074
PENN Entertainment
PENN
$1.95B
| $853K | ﹤0.01% |
28,733
-13,071
| -31% | -$405K |
2015 Q3
30 quarters
|
|
2075
Qualys
QLYS
$6.48B
| $851K | ﹤0.01% |
6,535
+1,328
| +26% | +$156K |
2015 Q4
29 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.