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 | |
|---|---|---|---|---|---|---|---|
2326
Innovator US Equity Accelerated 9 Buffer ETF July
XBJL
$76.9M
| $567K | ﹤0.01% |
18,500
+2,600
| +16% | +$76.2K |
2021 Q3
9 quarters
|
|
2327
Mitsubishi UFJ Financial
MUFG
$255B
| $567K | ﹤0.01% |
65,826
-436
| -0.7% | -$3.68K |
2013 Q2
42 quarters
|
|
2328
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
COMB
$161M
| $565K | ﹤0.01% |
28,620
-51,305
| -64% | -$1.08M |
2023 Q2
2 quarters
|
|
|
ETW
2329
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.03B
| $565K | ﹤0.01% |
62,500
| – | – |
2022 Q3
5 quarters
|
|
2330
Materion
MTRN
$5.94B
| $565K | ﹤0.01% |
4,289
-882
| -17% | -$96.7K |
2017 Q2
26 quarters
|
|
|
PR
2331
Permian Resources
PR
$18.4B
| $564K | ﹤0.01% |
41,423
+19,792
| +91% | +$271K |
2023 Q2
2 quarters
|
|
2332
Axcelis
ACLS
$4.22B
| $564K | ﹤0.01% |
4,234
+137
| +3% | +$18.9K |
2017 Q1
27 quarters
|
|
2333
VanEck High Yield Muni ETF
HYD
$3.91B
| $562K | ﹤0.01% |
10,872
-1,418
| -12% | -$70.2K |
2021 Q2
10 quarters
|
|
2334
BlackRock Intermediate Muni Income Bond ETF
INMU
$557M
| $561K | ﹤0.01% |
+23,588
| New | +$542K |
2023 Q4
0 quarters
|
|
2335
PUT
Snap
SNAP
$9.56B
| $561K | ﹤0.01% |
32,800
| – | – |
2022 Q1
7 quarters
|
|
|
LTHM
2336
CALL
DELISTED
Livent Corporation
LTHM
| $561K | ﹤0.01% |
+30,000
| New | +$467K |
2023 Q4
0 quarters
|
|
2337
EPR Properties
EPR
$4.25B
| $561K | ﹤0.01% |
11,428
+213
| +2% | +$9.49K |
2013 Q2
42 quarters
|
|
2338
Schwab Fundamental International Large Company Index ETF
FNDF
$25.3B
| $560K | ﹤0.01% |
16,611
-79
| -0.5% | -$2.53K |
2020 Q4
12 quarters
|
|
2339
BlueLinx
BXC
$580M
| $559K | ﹤0.01% |
4,806
| – | – |
2020 Q2
14 quarters
|
|
2340
Oil States International
OIS
$494M
| $555K | ﹤0.01% |
+79,995
| New | +$579K |
2023 Q4
0 quarters
|
|
2341
Hain Celestial
HAIN
$46.4M
| $555K | ﹤0.01% |
49,919
+13,092
| +36% | +$141K |
2013 Q2
42 quarters
|
|
2342
Ameris Bancorp
ABCB
$5.38B
| $555K | ﹤0.01% |
10,321
-411
| -4% | -$17.6K |
2013 Q2
42 quarters
|
|
|
AMED
2343
DELISTED
Amedisys
AMED
| $554K | ﹤0.01% |
5,786
+44
| +0.8% | +$4.11K |
2013 Q2
42 quarters
|
|
2344
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.28B
| $554K | ﹤0.01% |
463
-471
| -50% | -$525K |
2021 Q4
8 quarters
|
|
2345
Navient
NAVI
$854M
| $553K | ﹤0.01% |
28,849
-554
| -2% | -$9.67K |
2014 Q2
38 quarters
|
|
2346
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34.6B
| $552K | ﹤0.01% |
10,535
-8,285
| -44% | -$402K |
2020 Q3
13 quarters
|
|
2347
Highwoods Properties
HIW
$3.21B
| $547K | ﹤0.01% |
23,045
+5,015
| +28% | +$99.9K |
2013 Q2
42 quarters
|
|
2348
First Trust Latin America AlphaDEX Fund
FLN
$44.3M
| $546K | ﹤0.01% |
26,214
-12,859
| -33% | -$243K |
2023 Q3
1 quarter
|
|
2349
4D Molecular Therapeutics
FDMT
$765M
| $546K | ﹤0.01% |
+25,799
| New | +$339K |
2023 Q4
0 quarters
|
|
2350
JPMorgan BetaBuilders Canada ETF
BBCA
$10.8B
| $545K | ﹤0.01% |
8,487
+2,926
| +53% | +$173K |
2021 Q3
9 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.