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 | |
|---|---|---|---|---|---|---|
2476
Harbor Commodity All-Weather Strategy ETF
HGER
$3.97B
| $415K | ﹤0.01% |
+18,715
| New | +$396K |
|
2477
Edgewell Personal Care
EPC
$1.31B
| $415K | ﹤0.01% |
10,709
-276
| -3% | -$10.4K |
|
2478
FlexShares STOXX Global ESG Select Index Fund
ESGG
$115M
| $414K | ﹤0.01% |
2,544
-3,158
| -55% | -$493K |
|
2479
McEwen Inc
MUX
$1.15B
| $414K | ﹤0.01% |
41,425
+285
| +0.7% | +$2.06K |
|
2480
Vanguard Consumer Staples ETF
VDC
$8.04B
| $414K | ﹤0.01% |
2,031
+527
| +35% | +$104K |
|
2481
Enerpac Tool Group
EPAC
$1.89B
| $414K | ﹤0.01% |
11,592
-4,133
| -26% | -$133K |
|
2482
Douglas Emmett
DEI
$1.96B
| $412K | ﹤0.01% |
29,471
+1,100
| +4% | +$15.1K |
|
2483
Pacer American Energy Infrastructure ETF
USAI
$135M
| $411K | ﹤0.01% |
+12,969
| New | +$384K |
|
2484
Skywest
SKYW
$4.18B
| $410K | ﹤0.01% |
5,923
+594
| +11% | +$35.2K |
|
2485
Trump Media & Technology Group
DJT
$2.3B
| $409K | ﹤0.01% |
+6,583
| New | +$255K |
|
2486
Invesco BuyBack Achievers ETF
PKW
$1.8B
| $409K | ﹤0.01% |
3,791
-18,419
| -83% | -$1.87M |
|
2487
iShares BBB Rated Corporate Bond ETF
LQDB
$59.3M
| $408K | ﹤0.01% |
+4,758
| New | +$407K |
|
2488
Schrodinger
SDGR
$1.32B
| $407K | ﹤0.01% |
15,033
-499
| -3% | -$14K |
|
2489
Bankunited
BKU
$3.44B
| $405K | ﹤0.01% |
14,348
-1,629
| -10% | -$45.5K |
|
2490
Neuberger Commodity Strategy ETF
NBCM
$479M
| $405K | ﹤0.01% |
18,637
-117,578
| -86% | -$2.45M |
|
2491
Disc Medicine
IRON
$3.03B
| $404K | ﹤0.01% |
+6,453
| New | +$418K |
|
2492
Leonardo DRS
DRS
$12.2B
| $404K | ﹤0.01% |
18,001
| – | – |
|
2493
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.41B
| $404K | ﹤0.01% |
14,190
+345
| +2% | +$8.63K |
|
2494
Sabra Healthcare REIT
SBRA
$5.19B
| $404K | ﹤0.01% |
27,341
+605
| +2% | +$8.38K |
|
2495
VanEck International High Yield Bond ETF
IHY
$43.4M
| $404K | ﹤0.01% |
19,455
+18,006
| +1,243% | +$373K |
|
2496
Doximity
DOCS
$4.42B
| $402K | ﹤0.01% |
14,932
-453,298
| -97% | -$12.9M |
|
2497
Moelis & Co
MC
$5.07B
| $401K | ﹤0.01% |
6,989
-5,356
| -43% | -$292K |
|
2498
MasterBrand
MBC
$1.86B
| $400K | ﹤0.01% |
21,198
-944
| -4% | -$15K |
|
2499
Universal Technical Institute
UTI
$1.39B
| $399K | ﹤0.01% |
25,002
+2,050
| +9% | +$29.8K |
|
2500
Spectrum Brands
SPB
$2.07B
| $398K | ﹤0.01% |
+4,458
| New | +$364K |
|
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.