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 | |
|---|---|---|---|---|---|---|
2101
Alerian MLP ETF
AMLP
$13.2B
| $826K | ﹤0.01% |
21,367
+11,107
| +108% | +$435K |
|
2102
PGIM Active High Yield Bond ETF
PHYL
$1.4B
| $826K | ﹤0.01% |
+24,104
| New | +$821K |
|
2103
IQ Candriam International Equity ETF
IQSI
$276M
| $825K | ﹤0.01% |
+31,076
| New | +$812K |
|
|
EFOR
2104
Everforth Inc
EFOR
$1.3B
| $825K | ﹤0.01% |
9,962
+1,834
| +23% | +$159K |
|
2105
Flowers Foods
FLO
$1.59B
| $825K | ﹤0.01% |
30,037
-266
| -0.9% | -$7.33K |
|
2106
Crane NXT
CXT
$2.97B
| $824K | ﹤0.01% |
20,879
-1,926
| -8% | -$76.1K |
|
2107
Franklin FTSE Japan ETF
FLJP
$4.14B
| $823K | ﹤0.01% |
31,826
-5,053
| -14% | -$127K |
|
2108
NCR Voyix
VYX
$1.13B
| $822K | ﹤0.01% |
48,721
-238
| -0.5% | -$3.65K |
|
2109
UFP Industries
UFPI
$4.96B
| $822K | ﹤0.01% |
9,744
+2,978
| +44% | +$255K |
|
2110
Option Care Health
OPCH
$3.59B
| $820K | ﹤0.01% |
25,808
+7,599
| +42% | +$228K |
|
2111
American Century Multisector Income ETF
MUSI
$248M
| $820K | ﹤0.01% |
+18,760
| New | +$814K |
|
2112
iShares MSCI Europe Financials ETF
EUFN
$4.31B
| $819K | ﹤0.01% |
43,633
+1,583
| +4% | +$30.4K |
|
2113
Dillards
DDS
$8.76B
| $814K | ﹤0.01% |
2,248
+103
| +5% | +$36.6K |
|
2114
Badger Meter
BMI
$3.79B
| $810K | ﹤0.01% |
6,642
+909
| +16% | +$106K |
|
2115
iShares Global Timber & Forestry ETF
WOOD
$269M
| $808K | ﹤0.01% |
10,678
+9,509
| +813% | +$707K |
|
2116
ICL Group
ICL
$7.16B
| $806K | ﹤0.01% |
426,730
+94,837
| +29% | +$700K |
|
|
FOCS
2117
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $805K | ﹤0.01% |
15,525
-24,430
| -61% | -$1.18M |
|
2118
Mercury Systems
MRCY
$6.67B
| $805K | ﹤0.01% |
15,529
+448
| +3% | +$22.6K |
|
2119
Lithia Motors
LAD
$8.3B
| $804K | ﹤0.01% |
3,505
-113
| -3% | -$27.5K |
|
|
EVA
2120
DELISTED
Enviva Inc.
EVA
| $803K | ﹤0.01% |
18,613
-599
| -3% | -$24.4K |
|
|
HI
2121
DELISTED
Hillenbrand
HI
| $799K | ﹤0.01% |
16,815
+2,301
| +16% | +$106K |
|
2122
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $799K | ﹤0.01% |
18,688
-4,807
| -20% | -$195K |
|
2123
Sensient Technologies
SXT
$5.68B
| $797K | ﹤0.01% |
10,392
+2,561
| +33% | +$191K |
|
2124
ROBO Global Healthcare Technology and Innovation ETF
HTEC
$73.5M
| $796K | ﹤0.01% |
26,695
-7,283
| -21% | -$219K |
|
2125
John Hancock Multifactor Emerging Markets ETF
JHEM
$1.03B
| $796K | ﹤0.01% |
+32,724
| New | +$796K |
|
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.