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 | |
|---|---|---|---|---|---|---|
1651
JPMorgan International Growth ETF
JIG
$509M
| $1.68M | ﹤0.01% |
26,468
+12,968
| +96% | +$781K |
|
1652
PUT
TJX Companies
TJX
$168B
| $1.67M | ﹤0.01% |
+16,500
| New | +$1.6M |
|
1653
Toast
TOST
$20.1B
| $1.66M | ﹤0.01% |
65,860
+6,299
| +11% | +$130K |
|
1654
Group 1 Automotive
GPI
$3.15B
| $1.66M | ﹤0.01% |
5,655
-1,473
| -21% | -$402K |
|
1655
Idacorp
IDA
$8.25B
| $1.66M | ﹤0.01% |
17,897
+132
| +0.7% | +$12.1K |
|
1656
RLI Corp
RLI
$5.85B
| $1.66M | ﹤0.01% |
22,356
+13,152
| +143% | +$937K |
|
|
TGB
1657
Trekor Metals
TGB
$3.06B
| $1.66M | ﹤0.01% |
756,405
+79,940
| +12% | +$125K |
|
1658
Capital Group Short Duration Income ETF
CGSD
$2.44B
| $1.65M | ﹤0.01% |
+64,861
| New | +$1.65M |
|
1659
Maplebear
CART
$11.3B
| $1.65M | ﹤0.01% |
44,029
-306,000
| -87% | -$8.95M |
|
1660
NIO
NIO
$11.3B
| $1.64M | ﹤0.01% |
337,609
-184,907
| -35% | -$1.12M |
|
1661
KraneShares Electric Vehicles and Future Mobility Index ETF
KARS
$80.7M
| $1.64M | ﹤0.01% |
71,639
+43,340
| +153% | +$966K |
|
1662
Exponent
EXPO
$3.19B
| $1.64M | ﹤0.01% |
19,689
+10,854
| +123% | +$898K |
|
1663
CALL
Merck
MRK
$335B
| $1.63M | ﹤0.01% |
+12,400
| New | +$1.53M |
|
1664
Lumentum
LITE
$82.1B
| $1.63M | ﹤0.01% |
33,162
-538
| -2% | -$27.4K |
|
1665
SiteOne Landscape Supply
SITE
$4.3B
| $1.63M | ﹤0.01% |
+9,225
| New | +$1.52M |
|
1666
Donnelley Financial Solutions
DFIN
$1.2B
| $1.63M | ﹤0.01% |
26,298
+110
| +0.4% | +$6.88K |
|
|
ALTM
1667
DELISTED
Arcadium Lithium plc
ALTM
| $1.62M | ﹤0.01% |
+324,352
| New | +$1.63M |
|
|
MZTI
1668
The Marzetti Company
MZTI
$3.18B
| $1.62M | ﹤0.01% |
7,760
+34
| +0.4% | +$6.47K |
|
1669
Atmus Filtration Technologies
ATMU
$4.16B
| $1.61M | ﹤0.01% |
+50,001
| New | +$1.2M |
|
|
1670
PUT
Atmus Filtration Technologies
ATMU
$4.16B
| $1.61M | ﹤0.01% |
+50,000
| New | +$1.2M |
|
|
ENLC
1671
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $1.61M | ﹤0.01% |
+118,004
| New | +$1.46M |
|
|
ATSG
1672
DELISTED
Air Transport Services Group
ATSG
| $1.61M | ﹤0.01% |
113,501
-7
| -0% | -$101 |
|
|
NVEE
1673
DELISTED
NV5 Global
NVEE
| $1.61M | ﹤0.01% |
65,380
+3,740
| +6% | +$97.1K |
|
1674
PUT
United States Oil Fund
USO
$1.79B
| $1.61M | ﹤0.01% |
20,400
-36,500
| -64% | -$2.63M |
|
1675
ManpowerGroup
MAN
$2.71B
| $1.61M | ﹤0.01% |
20,651
+10,534
| +104% | +$784K |
|
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.