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 | |
|---|---|---|---|---|---|---|---|
|
WIRE
2251
DELISTED
Encore Wire Corp
WIRE
| $648K | ﹤0.01% |
3,488
+528
| +18% | +$90K |
2013 Q2
39 quarters
|
|
2252
Boston Beer
SAM
$1.7B
| $647K | ﹤0.01% |
1,963
-2,590
| -57% | -$891K |
2013 Q2
39 quarters
|
|
2253
Allegiant Air
ALGT
$2.12B
| $644K | ﹤0.01% |
6,987
+553
| +9% | +$49.7K |
2022 Q4
1 quarter
|
|
2254
Asbury Automotive
ABG
$3.19B
| $643K | ﹤0.01% |
3,057
+748
| +32% | +$159K |
2015 Q4
29 quarters
|
|
2255
Unitil
UTL
$926M
| $643K | ﹤0.01% |
11,244
+921
| +9% | +$49.2K |
2013 Q2
39 quarters
|
|
2256
iShares Asia 50 ETF
AIA
$5B
| $642K | ﹤0.01% |
10,324
+9,000
| +680% | +$556K |
2013 Q2
39 quarters
|
|
2257
Orange County Bancorp
OBT
$503M
| $642K | ﹤0.01% |
+24,298
| New | +$606K |
2023 Q1
0 quarters
|
|
2258
Nutanix
NTNX
$19.6B
| $641K | ﹤0.01% |
22,405
+3,134
| +16% | +$84.8K |
2017 Q1
24 quarters
|
|
2259
BlackRock Intermediate Muni Income Bond ETF
INMU
$561M
| $641K | ﹤0.01% |
+27,147
| New | +$638K |
2023 Q1
0 quarters
|
|
2260
Bloomin' Brands
BLMN
$715M
| $640K | ﹤0.01% |
24,751
+2,195
| +10% | +$54.5K |
2014 Q2
35 quarters
|
|
2261
Graham Holdings Company
GHC
$4.87B
| $640K | ﹤0.01% |
974
+146
| +18% | +$90.7K |
2013 Q2
39 quarters
|
|
2262
JPMorgan BetaBuilders Canada ETF
BBCA
$10.8B
| $640K | ﹤0.01% |
10,739
+57
| +0.5% | +$3.41K |
2021 Q3
6 quarters
|
|
2263
Home BancShares
HOMB
$5.72B
| $638K | ﹤0.01% |
29,149
+6,567
| +29% | +$152K |
2013 Q2
39 quarters
|
|
|
SRG
2264
CALL
Seritage Growth Properties
SRG
$103M
| $637K | ﹤0.01% |
81,000
| – | – |
2022 Q4
1 quarter
|
|
2265
PUT
Snap
SNAP
$9.61B
| $636K | ﹤0.01% |
43,200
-200
| -0.5% | -$2.1K |
2022 Q1
4 quarters
|
|
2266
Cardlytics
CDLX
$15M
| $636K | ﹤0.01% |
11,203
+4,455
| +66% | +$233K |
2020 Q2
11 quarters
|
|
|
KEEL
2267
Keel Infrastructure Corp
KEEL
$2.21B
| $634K | ﹤0.01% |
614,009
-16,478
| -3% | -$15.4K |
2021 Q2
7 quarters
|
|
|
AEAE
2268
DELISTED
AltEnergy Acquisition Corp
AEAE
| $633K | ﹤0.01% |
61,000
-67,399
| -52% | -$694K |
2022 Q2
3 quarters
|
|
2269
Penske Automotive Group
PAG
$13.4B
| $632K | ﹤0.01% |
+4,457
| New | +$593K |
2023 Q1
0 quarters
|
|
2270
Xtrackers Short Duration High Yield Bond ETF
SHYL
$261M
| $631K | ﹤0.01% |
+14,606
| New | +$632K |
2023 Q1
0 quarters
|
|
2271
FNB Corp
FNB
$6.22B
| $630K | ﹤0.01% |
53,639
-1,763
| -3% | -$23.5K |
2013 Q2
39 quarters
|
|
2272
Edgewell Personal Care
EPC
$1.24B
| $629K | ﹤0.01% |
14,770
-1,276
| -8% | -$53.5K |
2013 Q2
39 quarters
|
|
|
CMRC
2273
Commerce.com Inc Series 1
CMRC
$266M
| $628K | ﹤0.01% |
60,410
-11,630
| -16% | -$118K |
2020 Q3
10 quarters
|
|
2274
MACOM Technology Solutions
MTSI
$24.8B
| $625K | ﹤0.01% |
8,685
+2,232
| +35% | +$151K |
2022 Q2
3 quarters
|
|
2275
PUT
KB Home
KBH
$2.79B
| $623K | ﹤0.01% |
15,500
| – | – |
2022 Q3
2 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.