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 | |
|---|---|---|---|---|---|---|---|
2051
Under Armour Class C
UA
$1.95B
| $860K | ﹤0.01% |
97,082
-221,756
| -70% | -$1.6M |
2016 Q2
30 quarters
|
|
2052
Intrepid Potash
IPI
$439M
| $860K | ﹤0.01% |
+34,124
| New | +$721K |
2023 Q4
0 quarters
|
|
|
MRC
2053
DELISTED
MRC Global
MRC
| $859K | ﹤0.01% |
+77,269
| New | +$810K |
2023 Q4
0 quarters
|
|
2054
Northern Trust STOXX Global ESG Select ETF
ESGG
$119M
| $855K | ﹤0.01% |
+5,702
| New | +$799K |
2023 Q4
0 quarters
|
|
2055
CALL
Lyft
LYFT
$5.76B
| $855K | ﹤0.01% |
55,000
| – | – |
2022 Q1
7 quarters
|
|
|
2056
PUT
Lyft
LYFT
$5.76B
| $855K | ﹤0.01% |
55,000
| – | – |
2022 Q1
7 quarters
|
|
2057
Hancock Whitney
HWC
$5.77B
| $854K | ﹤0.01% |
17,299
+19
| +0.1% | +$760 |
2013 Q2
42 quarters
|
|
2058
Northwest Natural Holdings
NWN
$1.96B
| $853K | ﹤0.01% |
21,841
+91
| +0.4% | +$3.46K |
2019 Q1
19 quarters
|
|
2059
Otter Tail
OTTR
$3.71B
| $853K | ﹤0.01% |
9,726
+323
| +3% | +$24.9K |
2021 Q3
9 quarters
|
|
2060
PUT
Texas Instruments
TXN
$257B
| $850K | ﹤0.01% |
4,900
| – | – |
2023 Q2
2 quarters
|
|
|
SNV
2061
DELISTED
Synovus
SNV
| $850K | ﹤0.01% |
21,998
+1,120
| +5% | +$34.2K |
2013 Q2
42 quarters
|
|
2062
Eagle Materials
EXP
$5.31B
| $850K | ﹤0.01% |
4,128
+234
| +6% | +$41.1K |
2013 Q2
42 quarters
|
|
2063
Interparfums
IPAR
$3.58B
| $849K | ﹤0.01% |
5,747
+96
| +2% | +$12.5K |
2013 Q2
42 quarters
|
|
2064
JetBlue
JBLU
$1.57B
| $846K | ﹤0.01% |
145,909
-60,943
| -29% | -$286K |
2013 Q2
42 quarters
|
|
2065
Douglas Elliman
DOUG
$138M
| $843K | ﹤0.01% |
272,454
+254,376
| +1,407% | +$533K |
2023 Q3
1 quarter
|
|
2066
CALL
Live Oak Bancshares
LOB
$1.68B
| $842K | ﹤0.01% |
+18,000
| New | +$604K |
2023 Q4
0 quarters
|
|
2067
Archrock
AROC
$5.33B
| $842K | ﹤0.01% |
53,907
+3,044
| +6% | +$42.3K |
2013 Q2
42 quarters
|
|
2068
ChargePoint
CHPT
$274M
| $842K | ﹤0.01% |
16,867
+4,624
| +38% | +$259K |
2021 Q4
8 quarters
|
|
2069
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$889M
| $841K | ﹤0.01% |
+87,641
| New | +$818K |
2023 Q4
0 quarters
|
|
|
ALE
2070
DELISTED
Allete
ALE
| $840K | ﹤0.01% |
13,576
-2,337
| -15% | -$131K |
2013 Q2
42 quarters
|
|
2071
Invesco Trust Investment Grade Municipals
VGM
$475M
| $838K | ﹤0.01% |
+72,985
| New | +$662K |
2023 Q4
0 quarters
|
|
2072
Canadian Solar
CSIQ
$765M
| $837K | ﹤0.01% |
31,596
+5,373
| +20% | +$119K |
2013 Q3
41 quarters
|
|
2073
Avient
AVNT
$3.72B
| $832K | ﹤0.01% |
19,644
+7,737
| +65% | +$270K |
2013 Q2
42 quarters
|
|
2074
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$731M
| $831K | ﹤0.01% |
22,588
-376,857
| -94% | -$13.4M |
2021 Q2
10 quarters
|
|
2075
Tootsie Roll Industries
TR
$2.84B
| $830K | ﹤0.01% |
27,261
+10,238
| +60% | +$300K |
2013 Q2
42 quarters
|
|
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.