SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
This filing is a Form 13F-HR submitted by BANK OF MONTREAL (and 8 other included managers) for the calendar quarter ended December 31, 2022. The report was signed on February 1, 2023, by Eric Moss, SVP, DGC, Chief Compliance Officer. It details the institutional investment manager's holdings in U.S. equity securities.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financial performance (revenue, profit, cash flow) of the Bank of Montreal itself. The key metrics provided relate to the reported investment portfolio:
- Total Value of Reported Holdings: $230,739,341,102
- Total Number of Holdings Entries: 11,470
- Number of Included Managers: 8 (in addition to the primary filer)
The filing does not provide data on the Bank's revenue, profit margins, debt levels, or liquidity positions.
Material Changes
The filing text does not provide a comparative table or narrative detailing material changes in holdings versus the prior comparable period (September 30, 2022). It only presents the aggregate totals for the current reporting period.
Guidance, Outlook, and Risks
This form is a regulatory disclosure of holdings and does not contain management commentary, future guidance, outlook, or specific risk factors regarding the Bank's operations. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total reported value of $230.7 billion against the Bank's total assets in its 10-K or 10-Q filings to understand the proportion of U.S. equity exposure.
- Review the list of 8 included managers (e.g., BMO Asset Management Inc., BMO Capital Markets Corp.) to ensure all relevant investment arms are accounted for.
- Compare the 11,470 holdings entries with the prior quarter's 13F filing to identify significant buy/sell activity, as this data is not explicitly summarized in the cover page.
- Note that this filing covers only U.S. equity securities and excludes international holdings, derivatives, or fixed income unless they are reportable under 13F rules.