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 | |
|---|---|---|---|---|---|---|---|
2301
BlackRock Science and Technology Term Trust
BSTZ
$2.14B
| $594K | ﹤0.01% |
29,545
+1,482
| +5% | +$26K |
2022 Q4
1 quarter
|
|
2302
Columbia India Consumer ETF
INCO
$206M
| $593K | ﹤0.01% |
13,236
-4,398
| -25% | -$199K |
2022 Q4
1 quarter
|
|
2303
Floor & Decor
FND
$4.91B
| $592K | ﹤0.01% |
6,011
-4,424
| -42% | -$398K |
2017 Q2
23 quarters
|
|
2304
Leslie's
LESL
$1.37M
| $590K | ﹤0.01% |
2,152
+189
| +10% | +$49.1K |
2020 Q4
9 quarters
|
|
2305
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.33B
| $589K | ﹤0.01% |
43,618
-2,731
| -6% | -$32.8K |
2022 Q4
1 quarter
|
|
2306
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.3B
| $587K | ﹤0.01% |
6,099
-399
| -6% | -$38K |
2013 Q2
39 quarters
|
|
2307
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$603M
| $587K | ﹤0.01% |
44,842
-2,954
| -6% | -$33.8K |
2022 Q4
1 quarter
|
|
2308
Magnolia Oil & Gas
MGY
$6.5B
| $585K | ﹤0.01% |
26,739
+7,459
| +39% | +$166K |
2019 Q2
15 quarters
|
|
2309
Signet Jewelers
SIG
$3.98B
| $584K | ﹤0.01% |
7,493
+1,342
| +22% | +$99.6K |
2013 Q2
39 quarters
|
|
2310
Macerich
MAC
$6.49B
| $582K | ﹤0.01% |
54,888
+8,083
| +17% | +$96K |
2013 Q2
39 quarters
|
|
2311
Northern Trust Quality Dividend ETF
QDF
$2.19B
| $582K | ﹤0.01% |
10,688
-4,906
| -31% | -$266K |
2021 Q3
6 quarters
|
|
2312
CALL
Illumina
ILMN
$40.5B
| $582K | ﹤0.01% |
2,570
-24,261
| -90% | -$4.96M |
2022 Q1
4 quarters
|
|
2313
Schrodinger
SDGR
$2.3B
| $581K | ﹤0.01% |
21,752
+3,233
| +17% | +$76.8K |
2020 Q1
12 quarters
|
|
|
AY
2314
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $580K | ﹤0.01% |
19,590
+2,620
| +15% | +$71.2K |
2015 Q3
30 quarters
|
|
2315
Invesco Value Municipal Income Trust
IIM
$511M
| $578K | ﹤0.01% |
43,148
-2,720
| -6% | -$33.3K |
2022 Q4
1 quarter
|
|
2316
AdvisorShares Active Bear ETF
HDGE
$59.9M
| $578K | ﹤0.01% |
21,875
-2,000
| -8% | -$50.5K |
2021 Q3
6 quarters
|
|
2317
Installed Building Products
IBP
$5.13B
| $577K | ﹤0.01% |
5,063
+849
| +20% | +$91.5K |
2016 Q2
27 quarters
|
|
|
NOVA
2318
DELISTED
Sunnova Energy
NOVA
| $576K | ﹤0.01% |
36,474
+8,311
| +30% | +$145K |
2020 Q2
11 quarters
|
|
2319
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$7.7B
| $575K | ﹤0.01% |
40,431
+30,011
| +288% | +$431K |
2022 Q3
2 quarters
|
|
|
ARGO
2320
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $575K | ﹤0.01% |
19,611
-154,455
| -89% | -$4.37M |
2022 Q4
1 quarter
|
|
|
ETWO
2321
DELISTED
E2open Parent Holdings
ETWO
| $573K | ﹤0.01% |
98,055
+83,540
| +576% | +$505K |
2022 Q4
1 quarter
|
|
2322
Amkor Technology
AMKR
$14B
| $572K | ﹤0.01% |
21,961
+2,890
| +15% | +$79K |
2014 Q1
36 quarters
|
|
|
SPTN
2323
DELISTED
SpartanNash
SPTN
| $571K | ﹤0.01% |
23,030
-1,273
| -5% | -$36.7K |
2013 Q4
37 quarters
|
|
2324
ABM Industries
ABM
$2.88B
| $571K | ﹤0.01% |
12,702
+1,025
| +9% | +$47.4K |
2013 Q2
39 quarters
|
|
2325
Dolby
DLB
$5.52B
| $570K | ﹤0.01% |
6,676
+205
| +3% | +$16.5K |
2014 Q3
34 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.