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 | |
|---|---|---|---|---|---|---|---|
2201
Invesco Agriculture Commodity Strategy No K-1 ETF
PDBA
$494M
| $702K | ﹤0.01% |
23,150
+20,989
| +971% | +$670K |
2023 Q2
2 quarters
|
|
|
CIVI
2202
DELISTED
Civitas Resources
CIVI
| $702K | ﹤0.01% |
10,067
+917
| +10% | +$65.7K |
2019 Q2
18 quarters
|
|
2203
Ryder
R
$9.01B
| $699K | ﹤0.01% |
5,885
-150
| -2% | -$15.8K |
2013 Q2
42 quarters
|
|
2204
Boot Barn
BOOT
$3.69B
| $698K | ﹤0.01% |
9,022
+676
| +8% | +$50.8K |
2023 Q1
3 quarters
|
|
2205
Invesco NASDAQ 100 ETF
QQQM
$111B
| $696K | ﹤0.01% |
4,105
+2,668
| +186% | +$417K |
2020 Q4
12 quarters
|
|
|
GOOS
2206
PUT
Canada Goose Holdings
GOOS
$745M
| $696K | ﹤0.01% |
54,200
| – | – |
2023 Q1
3 quarters
|
|
2207
Sabre
SABR
$807M
| $694K | ﹤0.01% |
155,210
+51,223
| +49% | +$198K |
2014 Q2
38 quarters
|
|
2208
Green Plains
GPRE
$1.03B
| $694K | ﹤0.01% |
26,581
+2,740
| +11% | +$72.5K |
2014 Q1
39 quarters
|
|
2209
Copa Holdings
CPA
$5.45B
| $693K | ﹤0.01% |
6,467
-171,989
| -96% | -$15.7M |
2013 Q2
42 quarters
|
|
2210
Sight Sciences
SGHT
$487M
| $692K | ﹤0.01% |
+123,500
| New | +$381K |
2023 Q4
0 quarters
|
|
|
ATEK
2211
DELISTED
Athena Technology Acquisition Corp. II
ATEK
| $690K | ﹤0.01% |
63,580
| – | – |
2023 Q1
3 quarters
|
|
2212
Post Holdings
POST
$3.32B
| $689K | ﹤0.01% |
7,777
+1,021
| +15% | +$86.7K |
2013 Q2
42 quarters
|
|
2213
Choice Hotels
CHH
$4.63B
| $688K | ﹤0.01% |
6,067
-107
| -2% | -$12.2K |
2014 Q4
36 quarters
|
|
2214
Independence Realty Trust
IRT
$3.4B
| $687K | ﹤0.01% |
43,952
+6,986
| +19% | +$96.8K |
2016 Q3
29 quarters
|
|
2215
Travelzoo
TZOO
$53.5M
| $685K | ﹤0.01% |
+66,700
| New | +$533K |
2023 Q4
0 quarters
|
|
|
GTM
2216
ZoomInfo Technologies
GTM
$1.09B
| $683K | ﹤0.01% |
35,830
-17,311
| -33% | -$271K |
2022 Q2
6 quarters
|
|
2217
Four Corners Property Trust
FCPT
$2.39B
| $683K | ﹤0.01% |
26,756
-9,241
| -26% | -$212K |
2015 Q4
32 quarters
|
|
2218
Sensient Technologies
SXT
$5.52B
| $683K | ﹤0.01% |
10,183
-635
| -6% | -$37.6K |
2013 Q2
42 quarters
|
|
2219
Terex
TEX
$6.42B
| $682K | ﹤0.01% |
11,577
-22
| -0.2% | -$1.14K |
2013 Q2
42 quarters
|
|
2220
Columbia Sportswear
COLM
$2.93B
| $681K | ﹤0.01% |
8,315
-85
| -1% | -$6.48K |
2013 Q2
42 quarters
|
|
|
SPTN
2221
DELISTED
SpartanNash
SPTN
| $680K | ﹤0.01% |
29,278
+6,978
| +31% | +$159K |
2013 Q4
40 quarters
|
|
|
CCRV
2222
DELISTED
iShares Commodity Curve Carry Strategy ETF
CCRV
| $676K | ﹤0.01% |
33,308
+16,530
| +99% | +$356K |
2023 Q1
3 quarters
|
|
2223
Goosehead Insurance
GSHD
$1.1B
| $672K | ﹤0.01% |
8,652
+4,614
| +114% | +$333K |
2019 Q2
18 quarters
|
|
2224
Macerich
MAC
$6.47B
| $670K | ﹤0.01% |
42,006
+1,771
| +4% | +$21.1K |
2013 Q2
42 quarters
|
|
|
SWN
2225
CALL
DELISTED
Southwestern Energy Company
SWN
| $669K | ﹤0.01% |
+100,000
| New | +$668K |
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.