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 |
Mastercard
MA
|
+$1.11B |
| 2 |
Alibaba
BABA
|
+$437M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$383M |
| 4 |
TC Energy
TRP
|
+$306M |
| 5 |
Snowflake
SNOW
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.07B |
| 2 |
Microsoft
MSFT
|
+$738M |
| 3 |
Meta Platforms (Facebook)
META
|
+$491M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$393M |
| 5 |
NVIDIA
NVDA
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.85% |
| 2 | Consumer Discretionary | 19.04% |
| 3 | Technology | 14.64% |
| 4 | Financials | 13.88% |
| 5 | Industrials | 4.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AIV
2801
Aimco
AIV
$385M
| $251K | ﹤0.01% |
+30,638
| New | +$234K |
|
2802
STAAR Surgical
STAA
$1.3B
| $251K | ﹤0.01% |
+6,476
| New | +$211K |
|
2803
Dave & Buster's
PLAY
$355M
| $250K | ﹤0.01% |
3,995
+303
| +8% | +$17.4K |
|
2804
CALL
Walt Disney
DIS
$185B
| $250K | ﹤0.01% |
500
-40,700
| -99% | -$4.25M |
|
2805
AdaptHealth
AHCO
$774M
| $250K | ﹤0.01% |
21,671
-17,607
| -45% | -$150K |
|
2806
Central Garden & Pet Co Class A
CENTA
$2.37B
| $250K | ﹤0.01% |
6,753
+642
| +11% | +$22.8K |
|
2807
iShares Government/Credit Bond ETF
GBF
$128M
| $250K | ﹤0.01% |
2,400
-983
| -29% | -$102K |
|
2808
RUM Group Inc
RUM
$3.79B
| $249K | ﹤0.01% |
+29,450
| New | +$190K |
|
|
CSR
2809
Centerspace
CSR
$938M
| $249K | ﹤0.01% |
+4,345
| New | +$242K |
|
2810
Supernus Pharmaceuticals
SUPN
$2.8B
| $249K | ﹤0.01% |
7,234
+143
| +2% | +$4.26K |
|
|
2811
PUT
RUM Group Inc
RUM
$3.79B
| $249K | ﹤0.01% |
+29,400
| New | +$190K |
|
2812
Teucrium Sugar Fund
CANE
$53.5M
| $248K | ﹤0.01% |
18,375
-17,312
| -49% | -$231K |
|
2813
Virtus Newfleet ABS/MBS ETF
VABS
$113M
| $248K | ﹤0.01% |
10,364
+6,270
| +153% | +$149K |
|
2814
Kratos Defense & Security Solutions
KTOS
$12.1B
| $248K | ﹤0.01% |
13,098
+1,858
| +17% | +$33.8K |
|
2815
Ichor Holdings
ICHR
$2.64B
| $247K | ﹤0.01% |
6,387
+569
| +10% | +$22K |
|
|
NBH
2816
Neuberger Municipal Fund Inc
NBH
$305M
| $246K | ﹤0.01% |
20,436
-5,176
| -20% | -$53.6K |
|
|
KAMN
2817
DELISTED
Kaman Corp
KAMN
| $246K | ﹤0.01% |
+5,365
| New | +$220K |
|
2818
iShares MSCI Kokusai Fund
TOK
$258M
| $246K | ﹤0.01% |
2,288
-2,726
| -54% | -$279K |
|
2819
Nuveen Virginia Quality Municipal Income Fund
NPV
$214M
| $245K | ﹤0.01% |
19,523
-3,871
| -17% | -$42.2K |
|
2820
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.69B
| $245K | ﹤0.01% |
17,717
-2,991
| -14% | -$35.5K |
|
2821
QuantumScape Corp
QS
$3.82B
| $244K | ﹤0.01% |
39,084
-5,858
| -13% | -$39.4K |
|
|
PCK
2822
DELISTED
Pimco California Municipal Income Fund II
PCK
| $244K | ﹤0.01% |
36,482
+6,376
| +21% | +$36.9K |
|
2823
Patrick Industries
PATK
$2.76B
| $243K | ﹤0.01% |
+3,035
| New | +$218K |
|
|
REVG
2824
DELISTED
REV Group
REVG
| $242K | ﹤0.01% |
10,886
-22,195
| -67% | -$415K |
|
2825
Rogers Corp
ROG
$2.55B
| $242K | ﹤0.01% |
2,001
+10
| +0.5% | +$1.17K |
|
Similar funds
Bank of Montreal's Q1 2024 Portfolio in Review
As of Q1 2024, Bank of Montreal held 4,502 positions worth $330B, up 0.02% from $330B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Bank of Montreal withdrew a net $11.8B in Q1 2024, closing 666 positions and reducing 1,523 holdings. Its most notable exit was SPDR Gold MiniShares Trust, an estimated $69.1M position sold in full.
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.
Against the trend, Bank of Montreal opened a new position in Analog Devices worth $59.7M.
- Bank of Montreal's largest Q1 2024 buy was Analog Devices: 663,817 shares worth $59.7M.
- Bank of Montreal added most to Mastercard in Q1 2024, an estimated $1.11B increase.
- Bank of Montreal's biggest Q1 2024 reduction was Invesco QQQ Trust, cutting an estimated $1.07B.
- Bank of Montreal fully exited SPDR Gold MiniShares Trust in Q1 2024, selling an estimated $69.1M.
- Bank of Montreal's ten largest holdings make up 52% of its $330B portfolio in Q1 2024.
- Bank of Montreal opened 537 new positions and closed 666 in Q1 2024.
- Bank of Montreal's portfolio value rose 0.02% quarter-over-quarter to $330B.
Based on Bank of Montreal's 13F filing for Q1 2024, filed 13 May 2024.