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 | |
|---|---|---|---|---|---|---|
|
MUE
2526
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $378K | ﹤0.01% |
32,603
+9,159
| +39% | +$91.6K |
|
2527
AGNC Investment
AGNC
$13B
| $378K | ﹤0.01% |
38,191
-3,137
| -8% | -$30.3K |
|
2528
HNI Corp
HNI
$3.53B
| $378K | ﹤0.01% |
8,359
+278
| +3% | +$11.8K |
|
2529
Innovative Industrial Properties
IIPR
$1.62B
| $377K | ﹤0.01% |
3,622
+135
| +4% | +$12.9K |
|
|
GXDW
2530
Global X Funds Global X Dorsey Wright Thematic ETF
GXDW
$6.46M
| $377K | ﹤0.01% |
+15,600
| New | +$365K |
|
2531
B&G Foods
BGS
$294M
| $376K | ﹤0.01% |
32,685
+158
| +0.5% | +$1.66K |
|
2532
LGI Homes
LGIH
$1.39B
| $376K | ﹤0.01% |
3,183
-17,597
| -85% | -$2.08M |
|
2533
Hilton Grand Vacations
HGV
$3.57B
| $375K | ﹤0.01% |
7,904
-194
| -2% | -$8.48K |
|
2534
CALL
Oracle
ORCL
$434B
| $375K | ﹤0.01% |
2,900
-180,700
| -98% | -$20.7M |
|
2535
Invesco S&P 500 GARP ETF
SPGP
$2.33B
| $375K | ﹤0.01% |
3,516
+1,387
| +65% | +$138K |
|
2536
India Internet & Ecommerce ETF
INQQ
$45M
| $375K | ﹤0.01% |
+26,096
| New | +$364K |
|
2537
Infosys
INFY
$49B
| $375K | ﹤0.01% |
20,900
+277
| +1% | +$5.38K |
|
2538
Century Communities
CCS
$2.01B
| $375K | ﹤0.01% |
3,877
+802
| +26% | +$70.3K |
|
2539
Diamondrock Hospitality Co
DRH
$2.53B
| $374K | ﹤0.01% |
38,962
+182
| +0.5% | +$1.7K |
|
2540
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$665M
| $374K | ﹤0.01% |
28,162
-813
| -3% | -$9.4K |
|
2541
Diodes
DIOD
$4.77B
| $374K | ﹤0.01% |
5,293
-148
| -3% | -$10.3K |
|
2542
Cemex
CX
$16B
| $373K | ﹤0.01% |
41,397
+6,683
| +19% | +$53.5K |
|
2543
BlackRock MuniYield Michigan Quality Fund
MIY
$361M
| $373K | ﹤0.01% |
28,483
-9,534
| -25% | -$109K |
|
2544
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$655M
| $372K | ﹤0.01% |
28,289
-8,279
| -23% | -$95.2K |
|
2545
Amplify Blockchain Technology ETF
BLOK
$1.08B
| $371K | ﹤0.01% |
+10,069
| New | +$312K |
|
|
MYD
2546
DELISTED
BlackRock MuniYield Fund
MYD
| $371K | ﹤0.01% |
30,492
-10,230
| -25% | -$111K |
|
|
LSXMA
2547
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $371K | ﹤0.01% |
12,786
-29,270
| -70% | -$880K |
|
2548
CVB Financial
CVBF
$4.09B
| $370K | ﹤0.01% |
20,739
+862
| +4% | +$15.3K |
|
2549
Talkspace
TALK
$871M
| $370K | ﹤0.01% |
102,200
+2,800
| +3% | +$7.61K |
|
2550
NMI Holdings
NMIH
$3.44B
| $370K | ﹤0.01% |
11,418
+540
| +5% | +$16.3K |
|
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.