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 | Miscellaneous | 12.48% |
| 5 | Technology | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2126
CNA Financial
CNA
$12.5B
| $795K | ﹤0.01% |
+18,213
| New | +$763K |
2023 Q1
0 quarters
|
|
2127
iShares MSCI Pacific ex Japan ETF
EPP
$2.2B
| $794K | ﹤0.01% |
17,912
+16,470
| +1,142% | +$733K |
2013 Q2
39 quarters
|
|
2128
NovoCure
NVCR
$1.87B
| $793K | ﹤0.01% |
13,167
+13
| +0.1% | +$1.04K |
2016 Q1
28 quarters
|
|
2129
Otter Tail
OTTR
$3.75B
| $790K | ﹤0.01% |
10,926
+5,171
| +90% | +$343K |
2021 Q3
6 quarters
|
|
2130
iShares US Basic Materials ETF
IYM
$1.12B
| $785K | ﹤0.01% |
5,920
-5,888
| -50% | -$783K |
2013 Q2
39 quarters
|
|
2131
National Bank Holdings
NBHC
$1.73B
| $785K | ﹤0.01% |
18,911
+4,718
| +33% | +$188K |
2015 Q2
31 quarters
|
|
2132
Vanguard FTSE Pacific ETF
VPL
$8.76B
| $785K | ﹤0.01% |
11,565
+8,677
| +300% | +$583K |
2013 Q2
39 quarters
|
|
2133
Encompass Health
EHC
$11.7B
| $785K | ﹤0.01% |
14,496
-422
| -3% | -$24.6K |
2013 Q2
39 quarters
|
|
2134
Revolve Group
RVLV
$1.52B
| $784K | ﹤0.01% |
28,706
+1,890
| +7% | +$48.8K |
2020 Q1
12 quarters
|
|
2135
National Fuel Gas
NFG
$7.22B
| $783K | ﹤0.01% |
13,555
-2,648
| -16% | -$153K |
2013 Q2
39 quarters
|
|
2136
Acadia Healthcare
ACHC
$2.52B
| $782K | ﹤0.01% |
10,815
-22,631
| -68% | -$1.76M |
2013 Q2
39 quarters
|
|
2137
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$346M
| $780K | ﹤0.01% |
25,950
+950
| +4% | +$27.8K |
2021 Q1
8 quarters
|
|
2138
AZZ Inc
AZZ
$4.11B
| $780K | ﹤0.01% |
18,893
+5,101
| +37% | +$209K |
2013 Q2
39 quarters
|
|
2139
Avantor
AVTR
$10.2B
| $780K | ﹤0.01% |
34,343
-353,588
| -91% | -$8.06M |
2019 Q3
14 quarters
|
|
2140
iShares North American Natural Resources ETF
IGE
$769M
| $779K | ﹤0.01% |
+19,217
| New | +$775K |
2023 Q1
0 quarters
|
|
|
GRES
2141
DELISTED
IQ ARB Global Resources
GRES
| $774K | ﹤0.01% |
+21,749
| New | +$757K |
2023 Q1
0 quarters
|
|
2142
Vanguard Financials ETF
VFH
$12.5B
| $772K | ﹤0.01% |
8,701
+2,162
| +33% | +$183K |
2013 Q2
39 quarters
|
|
2143
Carvana
CVNA
$46.4B
| $771K | ﹤0.01% |
393,720
-66,795
| -15% | -$116K |
2017 Q3
22 quarters
|
|
|
CMCA
2144
DELISTED
Capitalworks Emerging Markets Acquisition Corp Class A Ordinary Shares
CMCA
| $770K | ﹤0.01% |
+72,440
| New | +$751K |
2023 Q1
0 quarters
|
|
2145
Liberty Media Corporation Series C Common Stock
FWONK
$23.1B
| $770K | ﹤0.01% |
10,538
+5,561
| +112% | +$376K |
2014 Q3
34 quarters
|
|
2146
Community Bank
CBU
$3.2B
| $770K | ﹤0.01% |
12,710
-11,596
| -48% | -$679K |
2013 Q2
39 quarters
|
|
2147
Academy Sports + Outdoors
ASO
$3.01B
| $769K | ﹤0.01% |
11,775
+4,083
| +53% | +$241K |
2022 Q1
4 quarters
|
|
2148
iShares Global Healthcare ETF
IXJ
$4.25B
| $769K | ﹤0.01% |
9,209
+170
| +2% | +$14.1K |
2013 Q2
39 quarters
|
|
|
AILE
2149
DELISTED
iLearningEngines, Inc. Common Stock
AILE
| $767K | ﹤0.01% |
74,755
+45,459
| +155% | +$460K |
2021 Q4
5 quarters
|
|
2150
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$279M
| $765K | ﹤0.01% |
+29,225
| New | +$762K |
2023 Q1
0 quarters
|
|
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 580 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 580 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.