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 | |
|---|---|---|---|---|---|---|---|
|
MMP
2151
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $765K | ﹤0.01% |
14,066
+7,591
| +117% | +$402K |
2013 Q2
39 quarters
|
|
2152
Affirm
AFRM
$24.2B
| $761K | ﹤0.01% |
67,218
-154,963
| -70% | -$1.95M |
2021 Q1
8 quarters
|
|
2153
Franklin FTSE Mexico ETF
FLMX
$78.4M
| $758K | ﹤0.01% |
+25,500
| New | +$717K |
2023 Q1
0 quarters
|
|
2154
Energizer
ENR
$1.46B
| $756K | ﹤0.01% |
20,642
+2,056
| +11% | +$72.8K |
2022 Q4
1 quarter
|
|
2155
Green Plains
GPRE
$1.05B
| $754K | ﹤0.01% |
23,157
+4,896
| +27% | +$160K |
2014 Q1
36 quarters
|
|
2156
e.l.f. Beauty
ELF
$6.11B
| $752K | ﹤0.01% |
9,068
+1,640
| +22% | +$111K |
2017 Q1
24 quarters
|
|
|
UCB
2157
United Community Banks
UCB
$4.13B
| $752K | ﹤0.01% |
26,381
+2,087
| +9% | +$66K |
2013 Q3
38 quarters
|
|
2158
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$343M
| $752K | ﹤0.01% |
25,000
-4,100
| -14% | -$120K |
2022 Q1
4 quarters
|
|
2159
CALL
Palantir
PLTR
$462B
| $751K | ﹤0.01% |
88,800
-48,000
| -35% | -$376K |
2022 Q1
4 quarters
|
|
|
PCH
2160
DELISTED
PotlatchDeltic
PCH
| $750K | ﹤0.01% |
15,143
+3,170
| +26% | +$149K |
2013 Q2
39 quarters
|
|
2161
Super Micro Computer
SMCI
$29.1B
| $750K | ﹤0.01% |
69,780
+14,800
| +27% | +$134K |
2022 Q3
2 quarters
|
|
2162
CNO Financial Group
CNO
$4.96B
| $749K | ﹤0.01% |
33,754
+4,195
| +14% | +$100K |
2013 Q2
39 quarters
|
|
2163
U-Haul Holding Co Series N
UHAL.B
$10.7B
| $748K | ﹤0.01% |
14,421
-283
| -2% | -$16.1K |
2022 Q4
1 quarter
|
|
2164
Schwab International Small-Cap Equity ETF
SCHC
$5.6B
| $745K | ﹤0.01% |
22,094
-5,129
| -19% | -$171K |
2013 Q2
39 quarters
|
|
2165
Helen of Troy
HELE
$623M
| $745K | ﹤0.01% |
7,742
+4,049
| +110% | +$433K |
2013 Q2
39 quarters
|
|
2166
Celsius Holdings
CELH
$6.84B
| $742K | ﹤0.01% |
23,739
+6,333
| +36% | +$200K |
2020 Q2
11 quarters
|
|
2167
Avient
AVNT
$3.8B
| $741K | ﹤0.01% |
17,994
+3,465
| +24% | +$138K |
2013 Q2
39 quarters
|
|
2168
Simpson Manufacturing
SSD
$7.18B
| $739K | ﹤0.01% |
6,727
+1,499
| +29% | +$157K |
2013 Q2
39 quarters
|
|
|
CCTS
2169
DELISTED
Cactus Acquisition Corp. 1 Limited Class A Ordinary Share
CCTS
| $739K | ﹤0.01% |
+70,682
| New | +$733K |
2023 Q1
0 quarters
|
|
2170
Globant
GLOB
$1.53B
| $737K | ﹤0.01% |
4,488
+3,035
| +209% | +$496K |
2016 Q2
27 quarters
|
|
2171
Innospec
IOSP
$2.39B
| $737K | ﹤0.01% |
7,170
+708
| +11% | +$76.2K |
2015 Q1
32 quarters
|
|
2172
First Financial Bankshares
FFIN
$4.62B
| $736K | ﹤0.01% |
22,849
+5,103
| +29% | +$177K |
2013 Q2
39 quarters
|
|
2173
Merit Medical Systems
MMSI
$5.15B
| $735K | ﹤0.01% |
9,919
+3,366
| +51% | +$236K |
2013 Q2
39 quarters
|
|
2174
Ollie's Bargain Outlet
OLLI
$5.21B
| $734K | ﹤0.01% |
12,545
-1,090
| -8% | -$59.9K |
2015 Q3
30 quarters
|
|
2175
Coupang
CPNG
$24.5B
| $734K | ﹤0.01% |
45,812
-16,303
| -26% | -$253K |
2021 Q1
8 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.