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 | |
|---|---|---|---|---|---|---|---|
2351
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$7.83B
| $545K | ﹤0.01% |
40,321
-539
| -1% | -$7.72K |
2022 Q3
5 quarters
|
|
2352
VanEck Intermediate Muni ETF
ITM
$2.02B
| $543K | ﹤0.01% |
11,539
-3,187
| -22% | -$143K |
2023 Q1
3 quarters
|
|
2353
Rithm Capital
RITM
$4.89B
| $543K | ﹤0.01% |
50,099
+28,962
| +137% | +$288K |
2015 Q3
33 quarters
|
|
|
ALIM
2354
DELISTED
Alimera Sciences
ALIM
| $542K | ﹤0.01% |
+124,297
| New | +$420K |
2023 Q4
0 quarters
|
|
2355
FIVE9
FIVN
$2.67B
| $541K | ﹤0.01% |
6,693
-21,459
| -76% | -$1.49M |
2017 Q1
27 quarters
|
|
2356
Papa John's
PZZA
$645M
| $541K | ﹤0.01% |
6,941
+66
| +1% | +$4.49K |
2013 Q2
42 quarters
|
|
2357
Hartford Core Bond ETF
HCRB
$402M
| $540K | ﹤0.01% |
15,280
-5,145
| -25% | -$173K |
2023 Q3
1 quarter
|
|
2358
Armstrong World Industries
AWI
$6.88B
| $540K | ﹤0.01% |
+5,433
| New | +$449K |
2023 Q4
0 quarters
|
|
|
ARI
2359
Apollo Commercial Real Estate
ARI
$807M
| $539K | ﹤0.01% |
43,698
+25,049
| +134% | +$268K |
2013 Q2
42 quarters
|
|
|
SPNS
2360
DELISTED
Sapiens International
SPNS
| $538K | ﹤0.01% |
18,189
| – | – |
2022 Q3
5 quarters
|
|
2361
Flowers Foods
FLO
$1.18B
| $537K | ﹤0.01% |
23,794
+1,169
| +5% | +$25.2K |
2013 Q2
42 quarters
|
|
2362
Liberty Global Class C
LBTYK
$3B
| $537K | ﹤0.01% |
28,793
-9,859
| -26% | -$171K |
2014 Q1
39 quarters
|
|
2363
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.3B
| $536K | ﹤0.01% |
5,480
-62,718
| -92% | -$5.8M |
2013 Q2
42 quarters
|
|
2364
CALL
Yeti Holdings
YETI
$2.99B
| $536K | ﹤0.01% |
10,000
| – | – |
2023 Q1
3 quarters
|
|
|
2365
PUT
Yeti Holdings
YETI
$2.99B
| $536K | ﹤0.01% |
10,000
| – | – |
2023 Q1
3 quarters
|
|
2366
Enovis
ENOV
$1.04B
| $536K | ﹤0.01% |
9,437
+1,298
| +16% | +$64.7K |
2022 Q4
4 quarters
|
|
2367
Grocery Outlet
GO
$1.17B
| $536K | ﹤0.01% |
19,845
+7,168
| +57% | +$201K |
2022 Q1
7 quarters
|
|
2368
First Trust Cloud Computing ETF
SKYY
$3.41B
| $535K | ﹤0.01% |
6,027
-906
| -13% | -$72K |
2017 Q1
27 quarters
|
|
|
JHG
2369
DELISTED
Janus Henderson
JHG
| $535K | ﹤0.01% |
17,542
+480
| +3% | +$12.4K |
2017 Q2
26 quarters
|
|
2370
American Eagle Outfitters
AEO
$3.01B
| $533K | ﹤0.01% |
24,991
+2,624
| +12% | +$48.9K |
2013 Q2
42 quarters
|
|
2371
Elastic
ESTC
$9.69B
| $533K | ﹤0.01% |
4,667
-37,832
| -89% | -$3.36M |
2019 Q1
19 quarters
|
|
2372
iShares US Insurance ETF
IAK
$426M
| $531K | ﹤0.01% |
5,297
+4,535
| +595% | +$437K |
2013 Q2
42 quarters
|
|
2373
Amplify Video Game Tech ETF
GAMR
$40.9M
| $530K | ﹤0.01% |
8,912
+5,468
| +159% | +$301K |
2023 Q1
3 quarters
|
|
2374
Innovator US Equity Accelerated 9 Buffer ETF October
XBOC
$63.7M
| $529K | ﹤0.01% |
19,000
+3,200
| +20% | +$86K |
2021 Q4
8 quarters
|
|
2375
Energizer
ENR
$1.45B
| $529K | ﹤0.01% |
16,460
+335
| +2% | +$10.6K |
2022 Q4
4 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.