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 | |
|---|---|---|---|---|---|---|
1201
iShares MSCI Kuwait ETF
KWT
$69.4M
| $4.75M | ﹤0.01% |
141,200
+135,009
| +2,181% | +$4.49M |
|
1202
PUT
Palo Alto Networks
PANW
$323B
| $4.74M | ﹤0.01% |
33,000
-215,000
| -87% | -$33.9M |
|
1203
iShares MSCI Turkey ETF
TUR
$220M
| $4.71M | ﹤0.01% |
+129,853
| New | +$4.63M |
|
1204
United Bankshares
UBSI
$6.66B
| $4.71M | ﹤0.01% |
130,925
+91,529
| +232% | +$3.24M |
|
1205
Gold Royalty Corp
GROY
$716M
| $4.69M | ﹤0.01% |
2,492,850
-10,828
| -0.4% | -$17.4K |
|
|
AIRC
1206
DELISTED
Apartment Income REIT Corp.
AIRC
| $4.67M | ﹤0.01% |
143,804
-13,243
| -8% | -$430K |
|
1207
PUT
JetBlue
JBLU
$2.19B
| $4.65M | ﹤0.01% |
625,000
+510,000
| +443% | +$3.17M |
|
1208
Bruker
BRKR
$8.83B
| $4.65M | ﹤0.01% |
49,494
-21,919
| -31% | -$1.76M |
|
1209
BWX Technologies
BWXT
$15.8B
| $4.64M | ﹤0.01% |
44,850
-98,782
| -69% | -$8.84M |
|
1210
Turning Point Brands
TPB
$1.73B
| $4.62M | ﹤0.01% |
156,638
-8,947
| -5% | -$228K |
|
1211
CALL
Carnival Corporation Ltd
CCL
$38.9B
| $4.61M | ﹤0.01% |
281,100
-1,465,100
| -84% | -$23.8M |
|
1212
Sally Beauty Holdings
SBH
$1.55B
| $4.6M | ﹤0.01% |
369,089
+31
| +0% | +$388 |
|
1213
Alta Equipment Group
ALTG
$254M
| $4.59M | ﹤0.01% |
354,027
+250,302
| +241% | +$2.88M |
|
1214
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $4.58M | ﹤0.01% |
78,731
+10,374
| +15% | +$603K |
|
1215
Manhattan Associates
MANH
$11.7B
| $4.56M | ﹤0.01% |
18,235
+1,093
| +6% | +$260K |
|
1216
SSR Mining
SSRM
$6.49B
| $4.56M | ﹤0.01% |
1,015,394
+103,718
| +11% | +$723K |
|
1217
Watsco Inc
WSO
$12.8B
| $4.56M | ﹤0.01% |
10,526
+52
| +0.5% | +$20.9K |
|
1218
Reliance Steel & Aluminium
RS
$21.7B
| $4.55M | ﹤0.01% |
13,535
-516
| -4% | -$157K |
|
1219
Jones Lang LaSalle
JLL
$17B
| $4.54M | ﹤0.01% |
23,261
+15,990
| +220% | +$2.91M |
|
1220
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$494M
| $4.54M | ﹤0.01% |
168,446
+168,433
| +1,295,638% | +$4.35M |
|
1221
CALL
American Electric Power
AEP
$67.9B
| $4.53M | ﹤0.01% |
+53,400
| New | +$4.34M |
|
1222
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$541M
| $4.53M | ﹤0.01% |
48,124
+2,803
| +6% | +$262K |
|
1223
Brighthouse Financial
BHF
$3.44B
| $4.52M | ﹤0.01% |
87,421
+27,167
| +45% | +$1.35M |
|
1224
CALL
Dick's Sporting Goods
DKS
$18.1B
| $4.5M | ﹤0.01% |
20,000
-15,000
| -43% | -$2.56M |
|
|
1225
PUT
Dick's Sporting Goods
DKS
$18.1B
| $4.5M | ﹤0.01% |
20,000
-15,600
| -44% | -$2.66M |
|
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.