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 |
Royal Bank of Canada
RY
|
+$1.05B |
| 2 |
TC Energy
TRP
|
+$688M |
| 3 |
Toronto Dominion Bank
TD
|
+$601M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 5 |
Broadcom
AVGO
|
+$532M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advanced Micro Devices
AMD
|
+$324M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$240M |
| 3 |
NVIDIA
NVDA
|
+$232M |
| 4 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$220M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.73% |
| 2 | Consumer Discretionary | 17.33% |
| 3 | Financials | 14.55% |
| 4 | Technology | 12.7% |
| 5 | Energy | 4.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
CALL
First Majestic Silver
AG
$9.49B
| $885K | ﹤0.01% |
145,000
| – | – |
|
2052
First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF
CARZ
$49.2M
| $884K | ﹤0.01% |
15,991
+15,863
| +12,393% | +$869K |
|
|
TXNM
2053
TXNM Energy Inc
TXNM
$5.91B
| $883K | ﹤0.01% |
20,131
-148,176
| -88% | -$6.62M |
|
2054
GXO Logistics
GXO
$5.59B
| $881K | ﹤0.01% |
14,481
-7,726
| -35% | -$483K |
|
2055
Cal-Maine
CALM
$3.8B
| $881K | ﹤0.01% |
19,102
+1,909
| +11% | +$88.7K |
|
2056
Calix
CALX
$2.49B
| $878K | ﹤0.01% |
18,832
+14,002
| +290% | +$634K |
|
2057
Silgan Holdings
SLGN
$4.49B
| $875K | ﹤0.01% |
19,884
-11,498
| -37% | -$516K |
|
2058
iShares JPMorgan EM Corporate Bond ETF
CEMB
$412M
| $874K | ﹤0.01% |
20,393
+19,893
| +3,979% | +$853K |
|
2059
Independent Bank
INDB
$4.07B
| $871K | ﹤0.01% |
15,782
+2,621
| +20% | +$139K |
|
2060
Rambus
RMBS
$10.9B
| $868K | ﹤0.01% |
15,264
-473
| -3% | -$26.8K |
|
2061
Saic
SAIC
$5.36B
| $865K | ﹤0.01% |
7,246
-32
| -0.4% | -$3.69K |
|
2062
PUT
SM Energy
SM
$8.03B
| $864K | ﹤0.01% |
21,100
+1,100
| +6% | +$41.7K |
|
2063
iShares MSCI Brazil ETF
EWZ
$8.59B
| $863K | ﹤0.01% |
26,740
-124,072
| -82% | -$3.94M |
|
2064
State Street SPDR S&P Bank ETF
KBE
$1.76B
| $862K | ﹤0.01% |
22,361
-57,436
| -72% | -$2.24M |
|
2065
Murphy USA
MUSA
$10.5B
| $862K | ﹤0.01% |
2,579
-78
| -3% | -$24.8K |
|
|
TPIC
2066
DELISTED
TPI Composites
TPIC
| $861K | ﹤0.01% |
237,774
-194,454
| -45% | -$1.19M |
|
|
CIR
2067
DELISTED
CIRCOR International, Inc
CIR
| $858K | ﹤0.01% |
15,387
-25,958
| -63% | -$1.45M |
|
2068
Fidelity MSCI Energy Index ETF
FENY
$2.09B
| $857K | ﹤0.01% |
+34,068
| New | +$819K |
|
|
GOOS
2069
PUT
Canada Goose Holdings
GOOS
$854M
| $853K | ﹤0.01% |
54,200
| – | – |
|
2070
Chord Energy
CHRD
$7.51B
| $852K | ﹤0.01% |
5,379
-108,570
| -95% | -$17M |
|
2071
Seacoast Banking Corp of Florida
SBCF
$3.5B
| $851K | ﹤0.01% |
31,502
+8,739
| +38% | +$205K |
|
2072
PUT
Texas Instruments
TXN
$255B
| $850K | ﹤0.01% |
4,900
-20,100
| -80% | -$3.43M |
|
2073
Schwab US Large-Cap Growth ETF
SCHG
$62.9B
| $845K | ﹤0.01% |
44,804
+33,856
| +309% | +$637K |
|
2074
Lithia Motors
LAD
$8.3B
| $843K | ﹤0.01% |
2,854
-131
| -4% | -$39.9K |
|
|
ALEX
2075
DELISTED
Alexander & Baldwin
ALEX
| $842K | ﹤0.01% |
48,366
-247
| -0.5% | -$4.48K |
|
Similar funds
Bank of Montreal's Q3 2023 Portfolio in Review
As of Q3 2023, Bank of Montreal held 4,441 positions worth $289B, down 0.13% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q3 2023 filing shows 494 new, 1,385 increased, 1,479 reduced and 672 closed positions. Its largest new stake was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M. The largest sale was Advanced Micro Devices, an estimated $324M.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Bank of Montreal's largest Q3 2023 buy was State Street SPDR Portfolio Developed World ex-US ETF: 1,533,948 shares worth $51.1M.
- Bank of Montreal added most to Royal Bank of Canada in Q3 2023, an estimated $1.05B increase.
- Bank of Montreal's biggest Q3 2023 reduction was Advanced Micro Devices, cutting an estimated $324M.
- Bank of Montreal fully exited PG&E Corporation in Q3 2023, selling an estimated $48M.
- Bank of Montreal's ten largest holdings make up 51% of its $289B portfolio in Q3 2023.
- Bank of Montreal opened 494 new positions and closed 672 in Q3 2023.
- Bank of Montreal's portfolio value fell 0.13% quarter-over-quarter to $289B.
Based on Bank of Montreal's 13F filing for Q3 2023, filed 1 Nov 2023.