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 | |
|---|---|---|---|---|---|---|
1651
Morningstar
MORN
$7.78B
| $1.73M | ﹤0.01% |
5,468
-36,721
| -87% | -$11.4M |
|
1652
iShares MSCI Global Gold Miners ETF
RING
$2.46B
| $1.73M | ﹤0.01% |
51,580
-13,786
| -21% | -$431K |
|
1653
Fortune Brands Innovations
FBIN
$5.71B
| $1.73M | ﹤0.01% |
19,556
-1,197
| -6% | -$91.8K |
|
1654
Crocs
CROX
$6.32B
| $1.73M | ﹤0.01% |
11,954
+317
| +3% | +$43.3K |
|
1655
First Horizon
FHN
$12.4B
| $1.72M | ﹤0.01% |
111,159
+11,205
| +11% | +$178K |
|
1656
NETSCOUT
NTCT
$2.88B
| $1.72M | ﹤0.01% |
80,511
+13,563
| +20% | +$267K |
|
1657
Lear
LEA
$8.32B
| $1.72M | ﹤0.01% |
15,258
-41,129
| -73% | -$4.67M |
|
1658
AptarGroup
ATR
$8.4B
| $1.71M | ﹤0.01% |
10,719
-511
| -5% | -$75.7K |
|
1659
State Street SPDR ICE Preferred Securities ETF
PSK
$683M
| $1.71M | ﹤0.01% |
47,736
+3,817
| +9% | +$132K |
|
1660
CALL
Amazon
AMZN
$2.83T
| $1.71M | ﹤0.01% |
9,100
| – | – |
|
1661
Enovis
ENOV
$1.5B
| $1.71M | ﹤0.01% |
39,158
+31,195
| +392% | +$1.39M |
|
1662
Vornado Realty Trust
VNO
$7.28B
| $1.7M | ﹤0.01% |
43,847
-811,725
| -95% | -$26.1M |
|
|
MPT
1663
PUT
Medical Properties Trust
MPT
$2.5B
| $1.7M | ﹤0.01% |
286,200
-310,100
| -52% | -$1.53M |
|
1664
JPMorgan BetaBuilders Canada ETF
BBCA
$11.4B
| $1.7M | ﹤0.01% |
23,493
+3,316
| +16% | +$227K |
|
1665
Arbutus Biopharma
ABUS
$924M
| $1.69M | ﹤0.01% |
440,313
+85,500
| +24% | +$328K |
|
1666
SiteOne Landscape Supply
SITE
$4.3B
| $1.69M | ﹤0.01% |
11,153
+381
| +4% | +$52.2K |
|
1667
Flex
FLEX
$46.6B
| $1.69M | ﹤0.01% |
50,240
-10,696
| -18% | -$329K |
|
1668
iShares US Medical Devices ETF
IHI
$3.46B
| $1.68M | ﹤0.01% |
28,574
-3,092
| -10% | -$177K |
|
1669
Option Care Health
OPCH
$3.59B
| $1.68M | ﹤0.01% |
53,365
+1,698
| +3% | +$52.1K |
|
|
1670
CALL
Snowflake
SNOW
$114B
| $1.67M | ﹤0.01% |
14,700
-300
| -2% | -$36.9K |
|
1671
State Street SPDR Dow Jones REIT ETF
RWR
$1.89B
| $1.67M | ﹤0.01% |
15,774
+642
| +4% | +$65K |
|
1672
Mirum Pharmaceuticals
MIRM
$6.14B
| $1.67M | ﹤0.01% |
42,998
| – | – |
|
1673
InvenTrust Properties
IVT
$2.62B
| $1.67M | ﹤0.01% |
+58,823
| New | +$1.63M |
|
1674
CALL
Teck Resources
TECK
$31.2B
| $1.66M | ﹤0.01% |
31,700
+17,500
| +123% | +$833K |
|
1675
CALL
Rivian
RIVN
$22.2B
| $1.65M | ﹤0.01% |
142,500
| – | – |
|
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.