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 | |
|---|---|---|---|---|---|---|---|
|
STRS
2201
DELISTED
STRATUS PPTYS INC
STRS
| $701K | ﹤0.01% |
+33,250
| New | +$691K |
2023 Q1
0 quarters
|
|
|
LTHM
2202
DELISTED
Livent Corporation
LTHM
| $700K | ﹤0.01% |
31,851
-54,622
| -63% | -$1.26M |
2019 Q1
16 quarters
|
|
2203
Astec Industries
ASTE
$945M
| $698K | ﹤0.01% |
15,488
+4,103
| +36% | +$173K |
2014 Q2
35 quarters
|
|
2204
Hawaiian Electric Industries
HE
$1.55B
| $697K | ﹤0.01% |
18,117
-195
| -1% | -$7.9K |
2013 Q2
39 quarters
|
|
2205
Boyd Gaming
BYD
$4.86B
| $697K | ﹤0.01% |
10,850
-212
| -2% | -$13.1K |
2013 Q2
39 quarters
|
|
2206
Global X E-commerce ETF
EBIZ
$25.5M
| $692K | ﹤0.01% |
35,150
+35,146
| +878,650% | +$647K |
2021 Q3
6 quarters
|
|
2207
Quadratic Deflation ETF
BNDD
$17.1M
| $689K | ﹤0.01% |
5,441
+5,416
| +21,664% | +$675K |
2022 Q2
3 quarters
|
|
|
HYFT
2208
MindWalk Holdings
HYFT
$62.7M
| $689K | ﹤0.01% |
228,935
-12,045
| -5% | -$50K |
2020 Q4
9 quarters
|
|
2209
AAR Corp
AIR
$4.12B
| $689K | ﹤0.01% |
12,540
+1,796
| +17% | +$93K |
2013 Q2
39 quarters
|
|
2210
ManpowerGroup
MAN
$2.6B
| $686K | ﹤0.01% |
8,317
-15
| -0.2% | -$1.28K |
2013 Q2
39 quarters
|
|
2211
Hain Celestial
HAIN
$46.4M
| $686K | ﹤0.01% |
39,986
+3,643
| +10% | +$66.3K |
2013 Q2
39 quarters
|
|
2212
Cousins Properties
CUZ
$4.66B
| $685K | ﹤0.01% |
32,032
+312
| +1% | +$7.59K |
2013 Q2
39 quarters
|
|
2213
VanEck Intermediate Muni ETF
ITM
$2.03B
| $684K | ﹤0.01% |
+14,726
| New | +$679K |
2023 Q1
0 quarters
|
|
2214
Erie Indemnity
ERIE
$11.5B
| $682K | ﹤0.01% |
2,931
+234
| +9% | +$56K |
2013 Q2
39 quarters
|
|
|
AIVC
2215
Amplify Bloomberg AI Equal Weight ETF
AIVC
$143M
| $681K | ﹤0.01% |
+21,000
| New | +$662K |
2023 Q1
0 quarters
|
|
2216
Insperity
NSP
$1.82B
| $681K | ﹤0.01% |
5,596
+938
| +20% | +$110K |
2013 Q2
39 quarters
|
|
2217
Workiva
WK
$3.87B
| $680K | ﹤0.01% |
+6,565
| New | +$595K |
2023 Q1
0 quarters
|
|
|
SRC
2218
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $680K | ﹤0.01% |
16,435
-54
| -0.3% | -$2.23K |
2013 Q2
39 quarters
|
|
2219
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.41B
| $679K | ﹤0.01% |
26,612
-25,503
| -49% | -$600K |
2017 Q4
21 quarters
|
|
|
MNTV
2220
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $678K | ﹤0.01% |
+72,754
| New | +$571K |
2023 Q1
0 quarters
|
|
2221
iShares Core S&P US Value ETF
IUSV
$27.1B
| $676K | ﹤0.01% |
9,166
-16
| -0.2% | -$1.18K |
2021 Q1
8 quarters
|
|
2222
Ziff Davis
ZD
$1.88B
| $676K | ﹤0.01% |
8,642
+1,564
| +22% | +$128K |
2013 Q2
39 quarters
|
|
2223
Steven Madden
SHOO
$3.33B
| $675K | ﹤0.01% |
18,712
+5,075
| +37% | +$176K |
2013 Q2
39 quarters
|
|
2224
International General Insurance
IGIC
$1.04B
| $674K | ﹤0.01% |
+80,364
| New | +$665K |
2023 Q1
0 quarters
|
|
2225
Element Solutions
ESI
$9.13B
| $674K | ﹤0.01% |
34,865
+2,122
| +6% | +$41.9K |
2015 Q2
31 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.