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 | |
|---|---|---|---|---|---|---|
1151
WPP
WPP
$5.82B
| $5.32M | ﹤0.01% |
111,299
+16,114
| +17% | +$759K |
|
1152
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$796M
| $5.32M | ﹤0.01% |
167,023
+155,057
| +1,296% | +$4.76M |
|
1153
Par Pacific Holdings
PARR
$4.12B
| $5.32M | ﹤0.01% |
143,229
+127,618
| +817% | +$4.69M |
|
1154
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.45B
| $5.31M | ﹤0.01% |
59,501
+6,763
| +13% | +$586K |
|
1155
Patterson-UTI
PTEN
$4.16B
| $5.3M | ﹤0.01% |
435,836
-36,631
| -8% | -$407K |
|
1156
Vanguard Morningstar Large-Cap ETF
VV
$54.9B
| $5.29M | ﹤0.01% |
22,014
-1,114
| -5% | -$255K |
|
1157
nVent Electric
NVT
$27.5B
| $5.28M | ﹤0.01% |
69,977
+5,176
| +8% | +$332K |
|
1158
Penumbra
PEN
$12.9B
| $5.28M | ﹤0.01% |
23,246
+5,567
| +31% | +$1.38M |
|
1159
Toro Company
TTC
$9.32B
| $5.28M | ﹤0.01% |
56,195
+2,363
| +4% | +$218K |
|
|
BSMO
1160
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $5.25M | ﹤0.01% |
+211,620
| New | +$5.25M |
|
1161
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $5.24M | ﹤0.01% |
47,419
-238
| -0.5% | -$26.3K |
|
1162
Transmedics
TMDX
$3.11B
| $5.22M | ﹤0.01% |
69,161
-11,065
| -14% | -$912K |
|
1163
Mitek Systems
MITK
$853M
| $5.18M | ﹤0.01% |
367,348
-28,000
| -7% | -$343K |
|
1164
iShares China Large-Cap ETF
FXI
$4.16B
| $5.17M | ﹤0.01% |
215,537
-128,106
| -37% | -$2.95M |
|
1165
Sociedad Química y Minera de Chile
SQM
$20.4B
| $5.16M | ﹤0.01% |
104,849
+31,004
| +42% | +$1.46M |
|
1166
Vanguard Total International Stock ETF
VXUS
$164B
| $5.15M | ﹤0.01% |
85,336
-533,258
| -86% | -$31M |
|
1167
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.43B
| $5.15M | ﹤0.01% |
39,336
-1,107
| -3% | -$138K |
|
|
SCS
1168
DELISTED
Steelcase
SCS
| $5.15M | ﹤0.01% |
392,436
+374,143
| +2,045% | +$4.81M |
|
1169
Neurocrine Biosciences
NBIX
$15.3B
| $5.14M | ﹤0.01% |
37,249
-8,414
| -18% | -$1.15M |
|
1170
iShares ESG Optimized MSCI USA ETF
SUSA
$4.21B
| $5.14M | ﹤0.01% |
46,991
+844
| +2% | +$87.9K |
|
1171
CALL
MasTec
MTZ
$23B
| $5.14M | ﹤0.01% |
55,000
| – | – |
|
1172
Teva Pharmaceuticals
TEVA
$42.6B
| $5.13M | ﹤0.01% |
354,111
-2,605
| -0.7% | -$32.8K |
|
1173
Advance Auto Parts
AAP
$3.23B
| $5.12M | ﹤0.01% |
59,445
-51,812
| -47% | -$3.58M |
|
|
ODP
1174
DELISTED
ODP
ODP
| $5.12M | ﹤0.01% |
95,793
+64
| +0.1% | +$3.35K |
|
1175
Global X S&P 500 Catholic Values ETF
CATH
$1.36B
| $5.12M | ﹤0.01% |
80,335
-2,263
| -3% | -$137K |
|
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.