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 | Miscellaneous | 10.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2501
Invesco DB Base Metals Fund
DBB
$361M
| $398K | ﹤0.01% |
21,934
-36,636
| -63% | -$641K |
2023 Q1
4 quarters
|
|
2502
First Hawaiian
FHB
$3.03B
| $398K | ﹤0.01% |
18,078
+842
| +5% | +$18.1K |
2017 Q2
27 quarters
|
|
|
SYSB
2503
iShares Systematic Bond ETF
SYSB
$1.25B
| $397K | ﹤0.01% |
4,615
+683
| +17% | +$58.7K |
2023 Q3
2 quarters
|
|
2504
CALL
BCE
BCE
$18.6B
| $397K | ﹤0.01% |
10,600
-699,400
| -99% | -$26.6M |
2023 Q3
2 quarters
|
|
2505
Viper Energy
VNOM
$7.91B
| $396K | ﹤0.01% |
10,296
+8,800
| +588% | +$298K |
2023 Q2
3 quarters
|
|
2506
Modular Medical
MODD
$17M
| $394K | ﹤0.01% |
+6,707
| New | +$360K |
2024 Q1
0 quarters
|
|
|
EUHY
2507
iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY
$249M
| $394K | ﹤0.01% |
8,022
-5,223
| -39% | -$255K |
2021 Q2
11 quarters
|
|
2508
Atlantic Union Bankshares
AUB
$5.49B
| $392K | ﹤0.01% |
11,026
+2,431
| +28% | +$83.5K |
2023 Q1
4 quarters
|
|
|
AMED
2509
DELISTED
Amedisys
AMED
| $392K | ﹤0.01% |
4,232
-1,554
| -27% | -$146K |
2013 Q2
43 quarters
|
|
2510
VanEck Rare Earth/Strategic Metals ETF
REMX
$1.81B
| $391K | ﹤0.01% |
7,590
+2,398
| +46% | +$122K |
2013 Q3
42 quarters
|
|
2511
State Street SPDR S&P Global Dividend ETF
WDIV
$275M
| $390K | ﹤0.01% |
+6,500
| New | +$385K |
2024 Q1
0 quarters
|
|
2512
Northern Oil and Gas
NOG
$2.51B
| $390K | ﹤0.01% |
9,805
+776
| +9% | +$27.5K |
2023 Q1
4 quarters
|
|
2513
iShares Russell Top 200 Value ETF
IWX
$3.81B
| $387K | ﹤0.01% |
5,066
| – | – |
2023 Q3
2 quarters
|
|
2514
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.16B
| $387K | ﹤0.01% |
9,024
+2,476
| +38% | +$105K |
2013 Q2
43 quarters
|
|
|
UCTT
2515
Ultra Clean Holdings
UCTT
$3.56B
| $386K | ﹤0.01% |
8,380
+673
| +9% | +$27.3K |
2018 Q1
24 quarters
|
|
2516
Albany International
AIN
$1.68B
| $386K | ﹤0.01% |
4,009
+136
| +4% | +$12.5K |
2013 Q2
43 quarters
|
|
|
HIVE
2517
HIVE Digital Technologies
HIVE
$801M
| $386K | ﹤0.01% |
118,115
+25,088
| +27% | +$89.5K |
2021 Q3
10 quarters
|
|
2518
Carter's
CRI
$1.16B
| $383K | ﹤0.01% |
4,499
-1,316
| -23% | -$104K |
2013 Q2
43 quarters
|
|
2519
Greif
GEF
$4.64B
| $382K | ﹤0.01% |
5,531
-147
| -3% | -$9.37K |
2022 Q4
5 quarters
|
|
2520
Avantis Responsible Emerging Markets Equity ETF
AVSE
$230M
| $382K | ﹤0.01% |
+7,718
| New | +$368K |
2024 Q1
0 quarters
|
|
2521
Stagwell
STGW
$2.07B
| $381K | ﹤0.01% |
63,257
+5,000
| +9% | +$31.3K |
2020 Q3
14 quarters
|
|
|
RDUS
2522
DELISTED
Radius Recycling
RDUS
| $380K | ﹤0.01% |
17,811
+7,115
| +67% | +$167K |
2016 Q2
31 quarters
|
|
2523
CorVel
CRVL
$3.77B
| $379K | ﹤0.01% |
4,302
+102
| +2% | +$8.2K |
2023 Q1
4 quarters
|
|
2524
Invesco FTSE RAFI Emerging Markets ETF
PXH
$2.04B
| $379K | ﹤0.01% |
19,351
+17,078
| +751% | +$325K |
2021 Q1
12 quarters
|
|
2525
Invesco Advantage Municipal Income Trust II
VKI
$332M
| $379K | ﹤0.01% |
38,562
-12,010
| -24% | -$102K |
2022 Q1
8 quarters
|
|
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's Q1 2024 filing shows 537 new, 1,393 increased, 1,522 reduced and 666 closed positions. Its largest new stake was Analog Devices: 663,817 shares worth $59.7M. The largest sale was Invesco QQQ Trust, an estimated $1.07B.
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.
- 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.