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 | |
|---|---|---|---|---|---|---|---|
2401
U-Haul Holding Co Series N
UHAL.B
$10.3B
| $509K | ﹤0.01% |
7,169
-69
| -1% | -$3.75K |
2022 Q4
4 quarters
|
|
2402
Schwab Fundamental International Small Company Index ETF
FNDC
$3.06B
| $508K | ﹤0.01% |
14,510
-66
| -0.5% | -$2.15K |
2020 Q4
12 quarters
|
|
2403
Global X Renewable Energy Producers ETF
RNRG
$23M
| $508K | ﹤0.01% |
14,821
-2,603
| -15% | -$78.7K |
2021 Q2
10 quarters
|
|
2404
BlackRock MuniYield Michigan Quality Fund
MIY
$327M
| $508K | ﹤0.01% |
38,017
+6,381
| +20% | +$66.8K |
2022 Q1
7 quarters
|
|
|
AFDM
2405
First Trust Exchange-Traded Fund III First Trust Active Factor International ETF
AFDM
$160M
| $508K | ﹤0.01% |
+8,282
| New | +$471K |
2023 Q4
0 quarters
|
|
2406
Boyd Gaming
BYD
$4.8B
| $506K | ﹤0.01% |
8,030
-87
| -1% | -$5.16K |
2013 Q2
42 quarters
|
|
|
MYD
2407
DELISTED
BlackRock MuniYield Fund
MYD
| $506K | ﹤0.01% |
40,722
+8,066
| +25% | +$79.2K |
2022 Q4
4 quarters
|
|
|
GMS
2408
DELISTED
GMS Inc
GMS
| $505K | ﹤0.01% |
6,010
+436
| +8% | +$29.2K |
2018 Q2
22 quarters
|
|
2409
Genius Group
GNS
$28.6M
| $504K | ﹤0.01% |
+63,000
| New | +$459K |
2023 Q4
0 quarters
|
|
2410
Invesco Advantage Municipal Income Trust II
VKI
$332M
| $503K | ﹤0.01% |
50,572
+6,810
| +16% | +$53.4K |
2022 Q1
7 quarters
|
|
|
AGNT
2411
AGNT Inc
AGNT
$595M
| $503K | ﹤0.01% |
31,877
-2,130
| -6% | -$29.8K |
2022 Q4
4 quarters
|
|
2412
Towne Bank
TOWN
$3.32B
| $503K | ﹤0.01% |
16,232
+1,928
| +13% | +$50K |
2022 Q3
5 quarters
|
|
2413
WisdomTree US MidCap Dividend Fund
DON
$3.78B
| $503K | ﹤0.01% |
10,919
-441
| -4% | -$18.5K |
2013 Q2
42 quarters
|
|
|
BLE
2414
DELISTED
BlackRock Municipal Income Trust II
BLE
| $502K | ﹤0.01% |
40,605
+6,175
| +18% | +$60.5K |
2022 Q1
7 quarters
|
|
2415
Northern Trust Morningstar Global Upstream Natural Resources ETF
GUNR
$6.83B
| $502K | ﹤0.01% |
12,204
-468
| -4% | -$18.6K |
2021 Q2
10 quarters
|
|
2416
Enterprise Products Partners
EPD
$77B
| $501K | ﹤0.01% |
19,019
+69
| +0.4% | +$1.84K |
2013 Q2
42 quarters
|
|
2417
VanEck IG Floating Rate ETF
FLTR
$3.32B
| $500K | ﹤0.01% |
19,900
| – | – |
2013 Q2
42 quarters
|
|
2418
TKO Group
TKO
$12.9B
| $500K | ﹤0.01% |
6,122
+939
| +18% | +$74.5K |
2023 Q3
1 quarter
|
|
2419
Phillips Edison & Co
PECO
$4.82B
| $500K | ﹤0.01% |
13,460
+4,063
| +43% | +$142K |
2023 Q1
3 quarters
|
|
2420
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$7.43B
| $499K | ﹤0.01% |
17,169
-34,682
| -67% | -$999K |
2021 Q2
10 quarters
|
|
|
BYM
2421
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $499K | ﹤0.01% |
38,547
+7,895
| +26% | +$81.7K |
2022 Q4
4 quarters
|
|
2422
Virco
VIRC
$103M
| $498K | ﹤0.01% |
+40,400
| New | +$310K |
2023 Q4
0 quarters
|
|
2423
iShares MSCI Kokusai Fund
TOK
$236M
| $496K | ﹤0.01% |
5,014
+1,186
| +31% | +$110K |
2023 Q3
1 quarter
|
|
2424
Nuvation Bio
NUVB
$1.95B
| $496K | ﹤0.01% |
+322,118
| New | +$415K |
2023 Q4
0 quarters
|
|
2425
SL Green Realty
SLG
$3.46B
| $495K | ﹤0.01% |
10,560
+2,382
| +29% | +$87.8K |
2023 Q2
2 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.