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 | |
|---|---|---|---|---|---|---|
1351
Grupo Aeroportuario del Pacifico
PAC
$12.3B
| $3.19M | ﹤0.01% |
19,469
+459
| +2% | +$71.1K |
|
1352
PUT
VanEck Gold Miners ETF
GDX
$27.3B
| $3.17M | ﹤0.01% |
100,000
-491,300
| -83% | -$14M |
|
1353
Goodyear
GT
$1.76B
| $3.15M | ﹤0.01% |
230,442
-5,371
| -2% | -$70.2K |
|
1354
iShares Global Infrastructure ETF
IGF
$10.7B
| $3.15M | ﹤0.01% |
66,037
+3,752
| +6% | +$172K |
|
|
BAND
1355
Bandwidth Inc
BAND
$1.71B
| $3.13M | ﹤0.01% |
170,843
+3,576
| +2% | +$56.3K |
|
1356
FTI Consulting
FCN
$4.21B
| $3.13M | ﹤0.01% |
14,791
+21
| +0.1% | +$4.22K |
|
1357
SoFi Technologies
SOFI
$23.7B
| $3.13M | ﹤0.01% |
428,192
+89,510
| +26% | +$711K |
|
1358
Bumble
BMBL
$360M
| $3.12M | ﹤0.01% |
273,623
+180,004
| +192% | +$2.29M |
|
1359
US Global Jets ETF
JETS
$825M
| $3.12M | ﹤0.01% |
148,173
+94,746
| +177% | +$1.85M |
|
1360
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $3.12M | ﹤0.01% |
37,235
+5,062
| +16% | +$408K |
|
1361
Antero Midstream
AM
$10.6B
| $3.09M | ﹤0.01% |
219,568
+2,004
| +0.9% | +$25.6K |
|
1362
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $3.09M | ﹤0.01% |
60,755
+12,707
| +26% | +$643K |
|
1363
Yext
YEXT
$595M
| $3.08M | ﹤0.01% |
507,847
-1,491,333
| -75% | -$8.82M |
|
1364
Comfort Systems
FIX
$62.4B
| $3.08M | ﹤0.01% |
9,657
-6,599
| -41% | -$1.69M |
|
1365
Banco Bilbao Vizcaya Argentaria
BBVA
$159B
| $3.08M | ﹤0.01% |
259,946
-8,168
| -3% | -$81.7K |
|
1366
PUT
Harley-Davidson
HOG
$2.89B
| $3.07M | ﹤0.01% |
70,000
| – | – |
|
1367
Autohome
ATHM
$2.61B
| $3.07M | ﹤0.01% |
+116,970
| New | +$3.04M |
|
1368
Federal Agricultural Mortgage
AGM
$2.48B
| $3.06M | ﹤0.01% |
15,533
+4
| +0% | +$744 |
|
1369
Algoma Steel
ASTL
$453M
| $3.06M | ﹤0.01% |
358,268
-25,735
| -7% | -$217K |
|
1370
Matador Resources
MTDR
$6.51B
| $3.03M | ﹤0.01% |
45,406
-3,702
| -8% | -$220K |
|
1371
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.11B
| $3.03M | ﹤0.01% |
+55,500
| New | +$3.08M |
|
1372
Amplify Alternative Harvest ETF
MJ
$111M
| $3.02M | ﹤0.01% |
58,961
-5,791
| -9% | -$245K |
|
|
TEF
1373
DELISTED
Telefonica
TEF
| $3.02M | ﹤0.01% |
682,955
-165,641
| -20% | -$680K |
|
1374
iShares Silver Trust
SLV
$31.6B
| $3.02M | ﹤0.01% |
132,509
-828,148
| -86% | -$17.7M |
|
|
BNT
1375
Brookfield Wealth Solutions
BNT
$11.9B
| $3.01M | ﹤0.01% |
106,526
-1,336
| -1% | -$36K |
|
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.