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 | |
|---|---|---|---|---|---|---|---|
2376
CALL
Lyft
LYFT
$5.8B
| $511K | ﹤0.01% |
55,000
-165,000
| -75% | -$1.99M |
2022 Q1
4 quarters
|
|
2377
Towne Bank
TOWN
$3.35B
| $511K | ﹤0.01% |
18,700
+8,038
| +75% | +$237K |
2022 Q3
2 quarters
|
|
2378
Direxion Daily Regional Banks Bull 3X ETF
DPST
$319M
| $510K | ﹤0.01% |
+200
| New | +$40.9K |
2023 Q1
0 quarters
|
|
2379
Lindsay Corp
LNN
$1.16B
| $510K | ﹤0.01% |
3,371
+1,584
| +89% | +$239K |
2013 Q2
39 quarters
|
|
|
PML
2380
PIMCO Municipal Income Fund II
PML
$438M
| $509K | ﹤0.01% |
54,182
-3,561
| -6% | -$32.9K |
2022 Q4
1 quarter
|
|
|
CVGW
2381
DELISTED
Calavo Growers
CVGW
| $508K | ﹤0.01% |
15,127
+4,881
| +48% | +$146K |
2013 Q2
39 quarters
|
|
|
FWAC
2382
DELISTED
Fifth Wall Acquisition Corp. III Class A Ordinary Shares
FWAC
| $508K | ﹤0.01% |
+49,689
| New | +$503K |
2023 Q1
0 quarters
|
|
2383
Morningstar
MORN
$7.05B
| $505K | ﹤0.01% |
2,486
+165
| +7% | +$36.3K |
2013 Q2
39 quarters
|
|
|
CGC
2384
PUT
Canopy Growth
CGC
$376M
| $504K | ﹤0.01% |
22,290
+16,860
| +310% | +$400K |
2022 Q1
4 quarters
|
|
2385
International Bancshares
IBOC
$4.33B
| $502K | ﹤0.01% |
11,531
+1,182
| +11% | +$53.7K |
2013 Q2
39 quarters
|
|
2386
Dycom Industries
DY
$8.23B
| $502K | ﹤0.01% |
5,284
-46,448
| -90% | -$4.32M |
2021 Q3
6 quarters
|
|
|
WWE
2387
DELISTED
World Wrestling Entertainment
WWE
| $501K | ﹤0.01% |
5,471
-6,191
| -53% | -$529K |
2021 Q3
6 quarters
|
|
2388
ACI Worldwide
ACIW
$5.04B
| $501K | ﹤0.01% |
18,556
+3,977
| +27% | +$105K |
2013 Q2
39 quarters
|
|
2389
iShares MSCI UAE ETF
UAE
$308M
| $501K | ﹤0.01% |
+35,392
| New | +$518K |
2023 Q1
0 quarters
|
|
|
IMGN
2390
DELISTED
Immunogen Inc
IMGN
| $500K | ﹤0.01% |
128,929
+37,060
| +40% | +$158K |
2022 Q2
3 quarters
|
|
2391
Arrowhead Research
ARWR
$9.18B
| $500K | ﹤0.01% |
18,848
+3,037
| +19% | +$95.5K |
2014 Q1
36 quarters
|
|
2392
Pacer Trendpilot US Large Cap ETF
PTLC
$3.36B
| $499K | ﹤0.01% |
13,114
-107,110
| -89% | -$3.99M |
2021 Q2
7 quarters
|
|
2393
Kulicke & Soffa
KLIC
$5.26B
| $499K | ﹤0.01% |
9,298
+1,771
| +24% | +$92.1K |
2013 Q2
39 quarters
|
|
2394
Patterson-UTI
PTEN
$4.27B
| $498K | ﹤0.01% |
41,796
+4,591
| +12% | +$67K |
2013 Q2
39 quarters
|
|
2395
Quanex
NX
$895M
| $498K | ﹤0.01% |
23,075
+3,939
| +21% | +$94.5K |
2013 Q2
39 quarters
|
|
2396
Forward Air
FWRD
$542M
| $497K | ﹤0.01% |
4,592
+895
| +24% | +$94K |
2013 Q2
39 quarters
|
|
2397
Vanguard Russell 2000 Value ETF
VTWV
$1.32B
| $496K | ﹤0.01% |
4,115
| – | – |
2021 Q2
7 quarters
|
|
|
VIGL
2398
DELISTED
Vigil Neuroscience
VIGL
| $496K | ﹤0.01% |
41,293
-16,807
| -29% | -$189K |
2022 Q4
1 quarter
|
|
|
OPI
2399
DELISTED
Office Properties Income Trust
OPI
| $495K | ﹤0.01% |
+36,755
| New | +$564K |
2023 Q1
0 quarters
|
|
2400
Brink's
BCO
$4.18B
| $494K | ﹤0.01% |
7,388
+1,077
| +17% | +$68.3K |
2013 Q2
39 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.