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 | |
|---|---|---|---|---|---|---|---|
2301
Arcosa
ACA
$7.2B
| $589K | ﹤0.01% |
7,009
+374
| +6% | +$27.4K |
2019 Q1
19 quarters
|
|
2302
WisdomTree Mortgage Plus Bond Fund
MTGP
$71.5M
| $589K | ﹤0.01% |
13,370
+7,435
| +125% | +$313K |
2023 Q2
2 quarters
|
|
2303
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
XTEN
$1.18B
| $586K | ﹤0.01% |
12,141
+4,533
| +60% | +$204K |
2023 Q3
1 quarter
|
|
2304
Schrodinger
SDGR
$2.23B
| $586K | ﹤0.01% |
15,532
-855
| -5% | -$24.8K |
2020 Q1
15 quarters
|
|
|
SNBR
2305
DELISTED
Sleep Number
SNBR
| $586K | ﹤0.01% |
+37,555
| New | +$583K |
2023 Q4
0 quarters
|
|
2306
Elbit Systems
ESLT
$32.7B
| $584K | ﹤0.01% |
9,865
+106
| +1% | +$21.4K |
2014 Q2
38 quarters
|
|
2307
Radian Group
RDN
$4.24B
| $582K | ﹤0.01% |
20,095
-4,392
| -18% | -$116K |
2022 Q4
4 quarters
|
|
2308
Genpact
G
$5.72B
| $581K | ﹤0.01% |
16,488
-3,694
| -18% | -$127K |
2013 Q2
42 quarters
|
|
2309
Applovin
APP
$92.8B
| $580K | ﹤0.01% |
14,120
-1,727
| -11% | -$67.7K |
2021 Q3
9 quarters
|
|
2310
Unitil
UTL
$939M
| $580K | ﹤0.01% |
10,891
+460
| +4% | +$22.3K |
2013 Q2
42 quarters
|
|
2311
Par Pacific Holdings
PARR
$4.16B
| $578K | ﹤0.01% |
15,611
+1,418
| +10% | +$47.8K |
2018 Q1
23 quarters
|
|
2312
Teucrium Wheat Fund
WEAT
$296M
| $578K | ﹤0.01% |
19,202
-11,476
| -37% | -$332K |
2023 Q2
2 quarters
|
|
2313
Kontoor Brands
KTB
$3.51B
| $578K | ﹤0.01% |
9,137
+1,015
| +12% | +$52.2K |
2019 Q2
18 quarters
|
|
2314
Academy Sports + Outdoors
ASO
$3.03B
| $577K | ﹤0.01% |
8,693
+2,316
| +36% | +$117K |
2022 Q1
7 quarters
|
|
2315
iShares Core International Aggregate Bond Fund
IAGG
$11.7B
| $576K | ﹤0.01% |
11,551
-224,313
| -95% | -$11.1M |
2019 Q2
18 quarters
|
|
|
CET
2316
Central Securities Corp
CET
$1.65B
| $574K | ﹤0.01% |
12,342
+529
| +4% | +$19.2K |
2022 Q4
4 quarters
|
|
2317
iShares International Select Dividend ETF
IDV
$8.13B
| $573K | ﹤0.01% |
20,427
-60,419
| -75% | -$1.58M |
2013 Q2
42 quarters
|
|
2318
Vanguard Russell 2000 Value ETF
VTWV
$1.33B
| $571K | ﹤0.01% |
4,115
| – | – |
2021 Q2
10 quarters
|
|
|
COOP
2319
DELISTED
Mr. Cooper
COOP
| $571K | ﹤0.01% |
8,623
+465
| +6% | +$27.5K |
2019 Q2
18 quarters
|
|
2320
PUT
United States Natural Gas Fund
UNG
$521M
| $571K | ﹤0.01% |
27,600
-77,750
| -74% | -$1.94M |
2022 Q3
5 quarters
|
|
2321
PBF Energy
PBF
$9.25B
| $570K | ﹤0.01% |
12,558
+662
| +6% | +$30.1K |
2013 Q4
40 quarters
|
|
2322
CALL
B2Gold
BTG
$6.88B
| $570K | ﹤0.01% |
175,000
| – | – |
2023 Q2
2 quarters
|
|
2323
ProShares UltraPro QQQ
TQQQ
$40.1B
| $570K | ﹤0.01% |
22,076
-2,834
| -11% | -$58.8K |
2021 Q2
10 quarters
|
|
|
SHYF
2324
DELISTED
The Shyft Group
SHYF
| $568K | ﹤0.01% |
+44,550
| New | +$544K |
2023 Q4
0 quarters
|
|
2325
iShares US Regional Banks ETF
IAT
$612M
| $567K | ﹤0.01% |
13,273
-1,459
| -10% | -$52.4K |
2014 Q2
38 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.