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 | |
|---|---|---|---|---|---|---|
1301
iShares MSCI Intl Value Factor ETF
IVLU
$4.56B
| $3.59M | ﹤0.01% |
127,164
+126,768
| +32,012% | +$3.4M |
|
|
SII
1302
Sprott
SII
$3.04B
| $3.58M | ﹤0.01% |
96,544
-42,944
| -31% | -$1.54M |
|
|
SILV
1303
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $3.57M | ﹤0.01% |
533,210
+69,097
| +15% | +$404K |
|
1304
RPM International
RPM
$14.3B
| $3.57M | ﹤0.01% |
29,917
+3,391
| +13% | +$377K |
|
|
XIFR
1305
XPLR Infrastructure LP
XIFR
$1.1B
| $3.55M | ﹤0.01% |
117,893
+44,972
| +62% | +$1.28M |
|
1306
Americold
COLD
$4.26B
| $3.55M | ﹤0.01% |
141,441
+79,661
| +129% | +$2.18M |
|
1307
Schwab US Dividend Equity ETF
SCHD
$108B
| $3.53M | ﹤0.01% |
131,301
+61,908
| +89% | +$1.6M |
|
1308
Dorian LPG
LPG
$1.99B
| $3.52M | ﹤0.01% |
90,842
-1,868
| -2% | -$72K |
|
|
AL
1309
DELISTED
Air Lease Corp
AL
| $3.52M | ﹤0.01% |
68,380
+7,987
| +13% | +$341K |
|
1310
iShares MSCI USA Quality Factor ETF
QUAL
$48.2B
| $3.51M | ﹤0.01% |
21,346
+2,711
| +15% | +$424K |
|
|
IMVP
1311
Invesco India ETF
IMVP
$107M
| $3.51M | ﹤0.01% |
130,465
+118,245
| +968% | +$3.11M |
|
1312
Sprott Physical Silver Trust
PSLV
$13.5B
| $3.49M | ﹤0.01% |
424,468
+2,333
| +0.6% | +$18.3K |
|
1313
Fomento Económico Mexicano
FMX
$39.9B
| $3.47M | ﹤0.01% |
26,556
-755
| -3% | -$98.6K |
|
1314
iShares Dow Jones US ETF
IYY
$3.09B
| $3.46M | ﹤0.01% |
26,972
-28,990
| -52% | -$3.53M |
|
1315
Peloton Interactive
PTON
$2.48B
| $3.44M | ﹤0.01% |
328,186
-38,139
| -10% | -$188K |
|
1316
Equinor
EQNR
$97.4B
| $3.44M | ﹤0.01% |
127,175
-3,738
| -3% | -$102K |
|
1317
Fox Class B
FOX
$25.6B
| $3.44M | ﹤0.01% |
119,907
-355,739
| -75% | -$9.95M |
|
1318
Zions Bancorporation
ZION
$10.6B
| $3.44M | ﹤0.01% |
79,013
-59,958
| -43% | -$2.47M |
|
1319
Global X Uranium ETF
URA
$6.33B
| $3.43M | ﹤0.01% |
119,091
-26,426
| -18% | -$765K |
|
1320
ALPS Clean Energy ETF
ACES
$127M
| $3.42M | ﹤0.01% |
+115,125
| New | +$3.47M |
|
1321
Globant
GLOB
$1.65B
| $3.4M | ﹤0.01% |
15,777
+4,210
| +36% | +$946K |
|
|
CYBR
1322
DELISTED
CyberArk
CYBR
| $3.4M | ﹤0.01% |
12,658
+75
| +0.6% | +$18.6K |
|
1323
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $3.4M | ﹤0.01% |
74,419
+3,453
| +5% | +$157K |
|
1324
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $3.37M | ﹤0.01% |
29,271
+27,458
| +1,515% | +$3.01M |
|
1325
PUT
Duke Energy
DUK
$96.1B
| $3.36M | ﹤0.01% |
35,000
| – | – |
|
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.