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 |
NVIDIA
NVDA
|
+$1.87B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 3 |
Mastercard
MA
|
+$914M |
| 4 |
CrowdStrike
CRWD
|
+$860M |
| 5 |
ServiceNow
NOW
|
+$769M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$645M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$566M |
| 3 |
Royal Bank of Canada
RY
|
+$545M |
| 4 |
Snowflake
SNOW
|
+$486M |
| 5 |
Microsoft
MSFT
|
+$445M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.58% |
| 2 | Technology | 19.56% |
| 3 | Communication Services | 7.69% |
| 4 | Industrials | 6.63% |
| 5 | Consumer Discretionary | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Tilray
TLRY
$617M
| $3.79M | ﹤0.01% |
217,651
+741
| +0.3% | +$13.3K |
|
1352
Hafnia
HAFN
$3.87B
| $3.77M | ﹤0.01% |
+528,054
| New | +$4.04M |
|
|
WBA
1353
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $3.76M | ﹤0.01% |
+415,000
| New | +$4.27M |
|
1354
Perrigo
PRGO
$1.78B
| $3.73M | ﹤0.01% |
145,474
+112,929
| +347% | +$3.11M |
|
1355
Yelp
YELP
$1.33B
| $3.71M | ﹤0.01% |
106,416
-83,683
| -44% | -$2.92M |
|
1356
monday.com
MNDY
$3.8B
| $3.71M | ﹤0.01% |
13,643
-958
| -7% | -$237K |
|
1357
CALL
Carnival Corporation Ltd
CCL
$38.8B
| $3.71M | ﹤0.01% |
200,000
+100,000
| +100% | +$1.69M |
|
|
PDS
1358
PUT
Precision Drilling
PDS
$1.09B
| $3.7M | ﹤0.01% |
+60,000
| New | +$4.15M |
|
1359
Federal Signal
FSS
$7.64B
| $3.7M | ﹤0.01% |
39,748
-59,053
| -60% | -$5.4M |
|
1360
Simplify Interest Rate Hedge ETF
PFIX
$181M
| $3.69M | ﹤0.01% |
+88,500
| New | +$3.84M |
|
1361
Brunswick
BC
$5.29B
| $3.68M | ﹤0.01% |
43,592
+3,399
| +8% | +$264K |
|
1362
Rexford Industrial Realty
REXR
$8.15B
| $3.66M | ﹤0.01% |
72,416
+3,604
| +5% | +$179K |
|
1363
CALL
Iron Mountain
IRM
$38B
| $3.62M | ﹤0.01% |
+31,000
| New | +$3.32M |
|
1364
iShares Dow Jones US ETF
IYY
$3.09B
| $3.61M | ﹤0.01% |
25,962
-719
| -3% | -$96.7K |
|
1365
iShares US Aerospace & Defense ETF
ITA
$15B
| $3.58M | ﹤0.01% |
24,132
-1,044
| -4% | -$147K |
|
|
GAP
1366
The Gap Inc
GAP
$7.42B
| $3.57M | ﹤0.01% |
166,554
+80,712
| +94% | +$1.79M |
|
|
PENG
1367
Penguin Solutions Inc
PENG
$3.13B
| $3.56M | ﹤0.01% |
+167,075
| New | +$3.6M |
|
1368
AngloGold Ashanti
AU
$48.4B
| $3.56M | ﹤0.01% |
128,533
+7,173
| +6% | +$206K |
|
1369
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $3.55M | ﹤0.01% |
67,487
-1,881
| -3% | -$97.1K |
|
1370
PUT
Union Pacific
UNP
$178B
| $3.54M | ﹤0.01% |
14,500
| – | – |
|
1371
PUT
Salesforce
CRM
$161B
| $3.54M | ﹤0.01% |
12,800
-6,700
| -34% | -$1.72M |
|
1372
DraftKings
DKNG
$13B
| $3.53M | ﹤0.01% |
87,349
-71,044
| -45% | -$2.57M |
|
1373
KB Financial Group
KB
$42.1B
| $3.5M | ﹤0.01% |
55,112
-720
| -1% | -$44.7K |
|
1374
Elastic
ESTC
$8.83B
| $3.49M | ﹤0.01% |
45,085
-53,629
| -54% | -$5.29M |
|
1375
Golub Capital BDC
GBDC
$3.45B
| $3.49M | ﹤0.01% |
+233,030
| New | +$3.52M |
|
Similar funds
Bank of Montreal's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of Montreal held 4,369 positions worth $227B, down 34% from $344B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal's Q3 2024 filing shows 506 new, 1,334 increased, 1,473 reduced and 547 closed positions. Its largest new stake was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M. The largest sale was Tesla, an estimated $645M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 14% a quarter earlier, followed by Technology and Communication Services.
- Bank of Montreal's largest Q3 2024 buy was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M.
- Bank of Montreal added most to NVIDIA in Q3 2024, an estimated $1.87B increase.
- Bank of Montreal's biggest Q3 2024 reduction was Tesla, cutting an estimated $645M.
- Bank of Montreal fully exited TE Connectivity in Q3 2024, selling an estimated $175M.
- Bank of Montreal's ten largest holdings make up 26% of its $227B portfolio in Q3 2024.
- Bank of Montreal opened 506 new positions and closed 547 in Q3 2024.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $227B.
Based on Bank of Montreal's 13F filing for Q3 2024, filed 13 Nov 2024.