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 | |
|---|---|---|---|---|---|---|
2051
Rush Street Interactive
RSI
$2.96B
| $900K | ﹤0.01% |
288,520
-470,522
| -62% | -$1.81M |
|
2052
CALL
INNOVATE Corp
VATE
$109M
| $900K | ﹤0.01% |
+30,000
| New | +$877K |
|
|
PLL
2053
DELISTED
Piedmont Lithium
PLL
| $895K | ﹤0.01% |
+14,884
| New | +$903K |
|
2054
Watts Water Technologies
WTS
$12.8B
| $890K | ﹤0.01% |
5,286
+850
| +19% | +$140K |
|
2055
Invesco FTSE RAFI US 1000 ETF
PRF
$10.1B
| $885K | ﹤0.01% |
28,215
+8,510
| +43% | +$270K |
|
|
AZPN
2056
DELISTED
Aspen Technology Inc
AZPN
| $881K | ﹤0.01% |
3,826
-97
| -2% | -$20.1K |
|
|
TRHC
2057
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $880K | ﹤0.01% |
150,846
-69,474
| -32% | -$398K |
|
2058
Fidelity MSCI Real Estate Index ETF
FREL
$1.49B
| $879K | ﹤0.01% |
+28,616
| New | +$739K |
|
|
FRGI
2059
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $874K | ﹤0.01% |
+100,996
| New | +$839K |
|
2060
iShares International Select Dividend ETF
IDV
$8.59B
| $873K | ﹤0.01% |
31,728
+11,934
| +60% | +$336K |
|
2061
Seacoast Banking Corp of Florida
SBCF
$3.5B
| $873K | ﹤0.01% |
28,601
+9,524
| +50% | +$283K |
|
2062
News Corp Class B
NWS
$17.9B
| $869K | ﹤0.01% |
49,811
-42,986
| -46% | -$794K |
|
2063
Hancock Whitney
HWC
$6.4B
| $868K | ﹤0.01% |
23,787
+4,090
| +21% | +$191K |
|
2064
Royce Value Trust
RVT
$2.32B
| $868K | ﹤0.01% |
58,277
-4,317
| -7% | -$60.5K |
|
2065
BellRing Brands
BRBR
$1.25B
| $867K | ﹤0.01% |
25,443
+7,220
| +40% | +$213K |
|
2066
CALL
Live Oak Bancshares
LOB
$2B
| $865K | ﹤0.01% |
+25,000
| New | +$784K |
|
2067
HealthEquity
HQY
$8.76B
| $863K | ﹤0.01% |
14,685
+3,404
| +30% | +$207K |
|
2068
Avis
CAR
$4.87B
| $861K | ﹤0.01% |
4,380
+498
| +13% | +$100K |
|
|
HUT
2069
Hut 8
HUT
$10.5B
| $859K | ﹤0.01% |
93,628
-116,416
| -55% | -$989K |
|
2070
GXO Logistics
GXO
$5.59B
| $859K | ﹤0.01% |
17,009
-139
| -0.8% | -$6.92K |
|
|
ADAL
2071
DELISTED
Anthemis Digital Acquisitions I Corp Class A Ordinary Shares
ADAL
| $857K | ﹤0.01% |
82,002
| – | – |
|
2072
PBF Energy
PBF
$8.52B
| $855K | ﹤0.01% |
19,673
+3,932
| +25% | +$166K |
|
2073
GameStop
GME
$8.37B
| $854K | ﹤0.01% |
37,102
+3,343
| +10% | +$66.6K |
|
2074
PENN Entertainment
PENN
$2.52B
| $853K | ﹤0.01% |
28,733
-13,071
| -31% | -$405K |
|
2075
Qualys
QLYS
$6.44B
| $851K | ﹤0.01% |
6,535
+1,328
| +26% | +$156K |
|
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.