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 | |
|---|---|---|---|---|---|---|---|
|
CIVI
2226
DELISTED
Civitas Resources
CIVI
| $673K | ﹤0.01% |
9,852
-3,483
| -26% | -$226K |
2019 Q2
15 quarters
|
|
|
PACW
2227
DELISTED
PacWest Bancorp
PACW
| $673K | ﹤0.01% |
68,420
+46,857
| +217% | +$1.04M |
2013 Q2
39 quarters
|
|
2228
Onto Innovation
ONTO
$16.3B
| $671K | ﹤0.01% |
7,624
+3,083
| +68% | +$250K |
2016 Q2
27 quarters
|
|
2229
White Mountains Insurance
WTM
$4.81B
| $668K | ﹤0.01% |
434
+4
| +0.9% | +$5.74K |
2013 Q2
39 quarters
|
|
|
PGRE
2230
DELISTED
Paramount Group
PGRE
| $668K | ﹤0.01% |
+126,238
| New | +$693K |
2023 Q1
0 quarters
|
|
2231
Valley National Bancorp
VLY
$7.07B
| $667K | ﹤0.01% |
69,110
-3,927
| -5% | -$43.4K |
2013 Q2
39 quarters
|
|
2232
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.63B
| $666K | ﹤0.01% |
15,982
-546
| -3% | -$22.6K |
2016 Q4
25 quarters
|
|
2233
ACV Auctions
ACVA
$1.78B
| $666K | ﹤0.01% |
+51,377
| New | +$562K |
2023 Q1
0 quarters
|
|
|
INVX
2234
Innovex International
INVX
$1.95B
| $666K | ﹤0.01% |
23,192
-12,333
| -35% | -$366K |
2013 Q2
39 quarters
|
|
|
SUM
2235
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $665K | ﹤0.01% |
22,321
+8,070
| +57% | +$244K |
2016 Q3
26 quarters
|
|
2236
Franklin FTSE Latin America
FLLA
$108M
| $664K | ﹤0.01% |
+32,519
| New | +$667K |
2023 Q1
0 quarters
|
|
|
RPT
2237
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $663K | ﹤0.01% |
69,767
+52,475
| +303% | +$528K |
2014 Q2
35 quarters
|
|
2238
Invesco Dividend Achievers ETF
PFM
$775M
| $663K | ﹤0.01% |
18,104
+1,207
| +7% | +$44.2K |
2013 Q2
39 quarters
|
|
2239
Adient
ADNT
$1.34B
| $662K | ﹤0.01% |
16,152
+5,278
| +49% | +$220K |
2016 Q4
25 quarters
|
|
2240
Omnicell
OMCL
$1.54B
| $662K | ﹤0.01% |
11,269
+3,362
| +43% | +$185K |
2013 Q2
39 quarters
|
|
2241
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.29B
| $661K | ﹤0.01% |
28,338
+17,568
| +163% | +$401K |
2013 Q2
39 quarters
|
|
2242
Axcelis
ACLS
$4.56B
| $660K | ﹤0.01% |
4,860
+1,103
| +29% | +$130K |
2017 Q1
24 quarters
|
|
2243
Franklin FTSE Saudi Arabia ETF
FLSA
$4.69M
| $660K | ﹤0.01% |
19,500
+18,077
| +1,270% | +$599K |
2022 Q4
1 quarter
|
|
|
PPBI
2244
DELISTED
Pacific Premier Bancorp
PPBI
| $658K | ﹤0.01% |
25,873
+6,142
| +31% | +$186K |
2017 Q3
22 quarters
|
|
2245
Werner Enterprises
WERN
$2.12B
| $655K | ﹤0.01% |
14,369
+2,187
| +18% | +$99.3K |
2013 Q2
39 quarters
|
|
2246
Sonos
SONO
$2.12B
| $651K | ﹤0.01% |
33,158
-7,544
| -19% | -$144K |
2018 Q3
18 quarters
|
|
|
CIZ
2247
DELISTED
VictoryShares Developed Enhanced Volatility Wtd ETF
CIZ
| $651K | ﹤0.01% |
+20,573
| New | +$643K |
2023 Q1
0 quarters
|
|
2248
QuidelOrtho
QDEL
$757M
| $650K | ﹤0.01% |
7,226
-210
| -3% | -$18.3K |
2015 Q4
29 quarters
|
|
2249
Freshpet
FRPT
$2.92B
| $649K | ﹤0.01% |
9,672
+1,267
| +15% | +$77.8K |
2016 Q1
28 quarters
|
|
2250
iShares ESG Advanced High Yield Corporate Bond ETF
HYXF
$189M
| $649K | ﹤0.01% |
+14,631
| New | +$644K |
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.