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 | |
|---|---|---|---|---|---|---|---|
2076
Encompass Health
EHC
$11.7B
| $830K | ﹤0.01% |
12,327
+122
| +1% | +$7.9K |
2013 Q2
42 quarters
|
|
2077
Ares Capital
ARCC
$13.8B
| $829K | ﹤0.01% |
41,301
-5,491
| -12% | -$107K |
2013 Q2
42 quarters
|
|
2078
Simpson Manufacturing
SSD
$7.07B
| $829K | ﹤0.01% |
4,120
+89
| +2% | +$14.1K |
2013 Q2
42 quarters
|
|
2079
Quadratic Deflation ETF
BNDD
$17.1M
| $829K | ﹤0.01% |
6,789
+5,198
| +327% | +$595K |
2022 Q2
6 quarters
|
|
2080
PUT
Thor Industries
THO
$3.56B
| $828K | ﹤0.01% |
+6,900
| New | +$690K |
2023 Q4
0 quarters
|
|
2081
Littelfuse
LFUS
$11.1B
| $825K | ﹤0.01% |
3,034
+3
| +0.1% | +$718 |
2013 Q2
42 quarters
|
|
2082
PUT
SM Energy
SM
$8.34B
| $825K | ﹤0.01% |
21,100
| – | – |
2023 Q2
2 quarters
|
|
2083
Workiva
WK
$3.79B
| $824K | ﹤0.01% |
7,922
+605
| +8% | +$58.3K |
2023 Q1
3 quarters
|
|
2084
Mercury Systems
MRCY
$5.12B
| $823K | ﹤0.01% |
22,318
-1,210
| -5% | -$43.7K |
2013 Q2
42 quarters
|
|
2085
Simplify Intermediate Term Treasury Futures Strategy ETF
TYA
$41.5M
| $822K | ﹤0.01% |
+57,000
| New | +$740K |
2023 Q4
0 quarters
|
|
2086
Kyndryl
KD
$2.64B
| $822K | ﹤0.01% |
38,873
-34
| -0.1% | -$581 |
2021 Q4
8 quarters
|
|
2087
ICU Medical
ICUI
$3.93B
| $820K | ﹤0.01% |
8,175
-2,389
| -23% | -$234K |
2013 Q2
42 quarters
|
|
2088
Takeda Pharmaceutical
TAK
$57.1B
| $820K | ﹤0.01% |
57,464
-70,941
| -55% | -$1.01M |
2019 Q1
19 quarters
|
|
|
RPTX
2089
DELISTED
Repare Therapeutics
RPTX
| $817K | ﹤0.01% |
104,962
-1,165
| -1% | -$6.52K |
2020 Q2
14 quarters
|
|
2090
Vanguard Consumer Discretionary ETF
VCR
$5.63B
| $814K | ﹤0.01% |
2,640
+237
| +10% | +$66.1K |
2019 Q4
16 quarters
|
|
|
LNW
2091
DELISTED
Light & Wonder
LNW
| $812K | ﹤0.01% |
9,639
-59
| -0.6% | -$4.74K |
2013 Q2
42 quarters
|
|
2092
ManpowerGroup
MAN
$2.62B
| $811K | ﹤0.01% |
10,117
+2,114
| +26% | +$157K |
2013 Q2
42 quarters
|
|
2093
Invesco Municipal Opportunity Trust
VMO
$563M
| $810K | ﹤0.01% |
72,788
+10,510
| +17% | +$92.1K |
2022 Q1
7 quarters
|
|
|
SCHV
2094
Schwab US Large-Cap Value ETF
SCHV
$15.1B
| $809K | ﹤0.01% |
34,515
+354
| +1% | +$7.74K |
2013 Q2
42 quarters
|
|
2095
WesBanco
WSBC
$3.59B
| $807K | ﹤0.01% |
25,115
-689
| -3% | -$18.5K |
2015 Q3
33 quarters
|
|
2096
iShares 1-3 Year International Treasury Bond ETF
ISHG
$855M
| $806K | ﹤0.01% |
11,154
-16,346
| -59% | -$1.13M |
2023 Q3
1 quarter
|
|
2097
Nextpower Inc. Common Stock
NXT
$12.1B
| $805K | ﹤0.01% |
+16,904
| New | +$662K |
2023 Q4
0 quarters
|
|
2098
CALL
IAMGOLD
IAG
$10.5B
| $804K | ﹤0.01% |
315,000
| – | – |
2023 Q2
2 quarters
|
|
2099
Valvoline
VVV
$3.93B
| $802K | ﹤0.01% |
21,117
+3,502
| +20% | +$117K |
2016 Q4
28 quarters
|
|
2100
Invesco Municipal Trust
VKQ
$469M
| $801K | ﹤0.01% |
+71,774
| New | +$633K |
2023 Q4
0 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.