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 | |
|---|---|---|---|---|---|---|---|
2426
iShares ESG Advanced MSCI EAFE ETF
DMXF
$1B
| $495K | ﹤0.01% |
7,691
+7,021
| +1,048% | +$415K |
2021 Q2
10 quarters
|
|
|
PCH
2427
DELISTED
PotlatchDeltic
PCH
| $495K | ﹤0.01% |
9,970
+145
| +1% | +$6.64K |
2013 Q2
42 quarters
|
|
2428
Northern Trust International Quality Dividend Dynamic ETF
IQDY
$109M
| $493K | ﹤0.01% |
17,688
-41,824
| -70% | -$1.09M |
2023 Q3
1 quarter
|
|
2429
Teladoc Health
TDOC
$1.03B
| $493K | ﹤0.01% |
22,305
+7,931
| +55% | +$146K |
2016 Q1
31 quarters
|
|
2430
Smart Sand
SND
$219M
| $491K | ﹤0.01% |
+243,200
| New | +$494K |
2023 Q4
0 quarters
|
|
2431
Invesco Total Return Bond ETF
GTO
$2.43B
| $491K | ﹤0.01% |
10,360
| – | – |
2020 Q4
12 quarters
|
|
2432
First Trust Consumer Staples AlphaDEX Fund
FXG
$201M
| $491K | ﹤0.01% |
7,778
+4,754
| +157% | +$286K |
2023 Q2
2 quarters
|
|
2433
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$603M
| $489K | ﹤0.01% |
36,568
-13,544
| -27% | -$144K |
2022 Q4
4 quarters
|
|
|
BFK
2434
DELISTED
BlackRock Municipal Income Trust
BFK
| $488K | ﹤0.01% |
41,936
+6,163
| +17% | +$58.1K |
2022 Q4
4 quarters
|
|
2435
ESAB
ESAB
$4.17B
| $487K | ﹤0.01% |
5,540
+306
| +6% | +$23.2K |
2022 Q2
6 quarters
|
|
2436
Dycom Industries
DY
$8.14B
| $487K | ﹤0.01% |
4,158
+248
| +6% | +$23.5K |
2021 Q3
9 quarters
|
|
|
MDC
2437
DELISTED
M.D.C. Holdings, Inc.
MDC
| $486K | ﹤0.01% |
8,681
+923
| +12% | +$40.9K |
2013 Q2
42 quarters
|
|
2438
CALL
TransAlta
TAC
$3.87B
| $486K | ﹤0.01% |
58,300
-1,238,700
| -96% | -$10M |
2023 Q2
2 quarters
|
|
2439
Ramaco Resources Class A
METC
$530M
| $485K | ﹤0.01% |
+28,172
| New | +$391K |
2023 Q4
0 quarters
|
|
2440
Visteon
VC
$2.36B
| $483K | ﹤0.01% |
3,771
-6,929
| -65% | -$857K |
2013 Q2
42 quarters
|
|
2441
First Financial Bankshares
FFIN
$4.55B
| $483K | ﹤0.01% |
15,469
+2,087
| +16% | +$55.3K |
2013 Q2
42 quarters
|
|
|
OMIC
2442
DELISTED
Singular Genomics Systems, Inc. Common Stock
OMIC
| $481K | ﹤0.01% |
32,750
+13,219
| +68% | +$156K |
2023 Q2
2 quarters
|
|
2443
ABM Industries
ABM
$2.84B
| $481K | ﹤0.01% |
10,501
+841
| +9% | +$35.5K |
2013 Q2
42 quarters
|
|
2444
Minerals Technologies
MTX
$2.03B
| $481K | ﹤0.01% |
6,679
+281
| +4% | +$16.7K |
2013 Q2
42 quarters
|
|
2445
Invesco KBW Property & Casualty Insurance ETF
KBWP
$276M
| $481K | ﹤0.01% |
+5,304
| New | +$470K |
2023 Q4
0 quarters
|
|
2446
Crane NXT
CXT
$2.77B
| $480K | ﹤0.01% |
8,092
+2,030
| +33% | +$108K |
2013 Q2
42 quarters
|
|
2447
PUT
Baytex Energy
BTE
$3.19B
| $480K | ﹤0.01% |
+140,000
| New | +$542K |
2023 Q4
0 quarters
|
|
2448
MYR Group
MYRG
$4.64B
| $479K | ﹤0.01% |
3,174
+354
| +13% | +$45.6K |
2023 Q1
3 quarters
|
|
2449
Teucrium Sugar Fund
CANE
$59.3M
| $479K | ﹤0.01% |
35,687
+34,272
| +2,422% | +$493K |
2023 Q2
2 quarters
|
|
2450
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.82B
| $479K | ﹤0.01% |
+15,810
| New | +$446K |
2023 Q4
0 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.