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 |
Snowflake
SNOW
|
+$413M |
| 2 |
Microsoft
MSFT
|
+$334M |
| 3 |
ExxonMobil
XOM
|
+$296M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$291M |
| 5 |
Tesla
TSLA
|
+$256M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.83B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.23B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.17B |
| 4 |
NVIDIA
NVDA
|
+$518M |
| 5 |
Mastercard
MA
|
+$482M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.31% |
| 2 | Consumer Discretionary | 19.56% |
| 3 | Technology | 15.19% |
| 4 | Financials | 13.61% |
| 5 | Miscellaneous | 10.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2526
Deluxe
DLX
$1.05B
| $365K | ﹤0.01% |
16,231
+1,299
| +9% | +$27.8K |
2022 Q4
6 quarters
|
|
2527
Vanguard Russell 2000 ETF
VTWO
$16.4B
| $363K | ﹤0.01% |
4,427
-2,802
| -39% | -$229K |
2020 Q4
14 quarters
|
|
2528
JPMorgan Income ETF
JPIE
$10.8B
| $362K | ﹤0.01% |
7,968
+195
| +3% | +$8.82K |
2023 Q4
2 quarters
|
|
|
PMX
2529
DELISTED
PIMCO Municipal Income Fund III
PMX
| $360K | ﹤0.01% |
44,398
-15,257
| -26% | -$114K |
2023 Q4
2 quarters
|
|
2530
MillerKnoll
MLKN
$1.39B
| $359K | ﹤0.01% |
13,551
+768
| +6% | +$20.2K |
2013 Q2
44 quarters
|
|
2531
Strategic Education
STRA
$1.75B
| $358K | ﹤0.01% |
3,235
+57
| +2% | +$6.31K |
2013 Q2
44 quarters
|
|
2532
CALL
Fortuna Silver Mines
FSM
$3.31B
| $358K | ﹤0.01% |
+72,200
| New | +$364K |
2024 Q2
0 quarters
|
|
2533
Cactus
WHD
$4.34B
| $358K | ﹤0.01% |
+6,726
| New | +$342K |
2024 Q2
0 quarters
|
|
2534
Northern Oil and Gas
NOG
$2.51B
| $357K | ﹤0.01% |
9,176
-629
| -6% | -$25.2K |
2023 Q1
5 quarters
|
|
2535
REX American Resources
REX
$1.45B
| $356K | ﹤0.01% |
15,626
+110
| +0.7% | +$2.94K |
2022 Q4
6 quarters
|
|
2536
Ligand Pharmaceuticals
LGND
$6.04B
| $356K | ﹤0.01% |
4,222
+81
| +2% | +$6.45K |
2023 Q4
2 quarters
|
|
2537
Invesco Aerospace & Defense ETF
PPA
$7.41B
| $356K | ﹤0.01% |
3,421
| – | – |
2022 Q1
9 quarters
|
|
|
CALY
2538
Callaway Golf Company
CALY
$2.56B
| $354K | ﹤0.01% |
23,114
-3,536
| -13% | -$55.2K |
2013 Q2
44 quarters
|
|
2539
Vanda Pharmaceuticals
VNDA
$291M
| $354K | ﹤0.01% |
+56,861
| New | +$294K |
2024 Q2
0 quarters
|
|
2540
Invesco Investment Grade Defensive ETF
IIGD
$26.2M
| $353K | ﹤0.01% |
+14,668
| New | +$351K |
2024 Q2
0 quarters
|
|
|
TPC
2541
Tutor Perini Cor
TPC
$4.38B
| $352K | ﹤0.01% |
16,014
| – | – |
2024 Q1
1 quarter
|
|
2542
American Coastal Insurance
ACIC
$437M
| $352K | ﹤0.01% |
+32,163
| New | +$362K |
2024 Q2
0 quarters
|
|
2543
CALL
TransAlta
TAC
$3.87B
| $350K | ﹤0.01% |
50,000
| – | – |
2023 Q2
4 quarters
|
|
2544
Albany International
AIN
$1.68B
| $348K | ﹤0.01% |
4,077
+68
| +2% | +$5.93K |
2013 Q2
44 quarters
|
|
2545
Cambria Shareholder Yield ETF
SYLD
$963M
| $348K | ﹤0.01% |
+5,039
| New | +$352K |
2024 Q2
0 quarters
|
|
|
SY
2546
So-Young International
SY
$272M
| $347K | ﹤0.01% |
+326,208
| New | +$381K |
2024 Q2
0 quarters
|
|
2547
VictoryShares US 500 Enhanced Volatility Wtd ETF
CFO
$397M
| $346K | ﹤0.01% |
+5,364
| New | +$345K |
2024 Q2
0 quarters
|
|
|
SYSB
2548
iShares Systematic Bond ETF
SYSB
$1.25B
| $346K | ﹤0.01% |
4,023
-592
| -13% | -$50.5K |
2023 Q3
3 quarters
|
|
2549
Cushman & Wakefield Ltd
CWK
$2.83B
| $346K | ﹤0.01% |
33,127
+4,420
| +15% | +$45.7K |
2018 Q3
23 quarters
|
|
2550
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.74B
| $346K | ﹤0.01% |
6,505
| – | – |
2023 Q3
3 quarters
|
|
Similar funds
Bank of Montreal's Q2 2024 Portfolio in Review
As of Q2 2024, Bank of Montreal held 4,374 positions worth $344B, up 4.4% from $330B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q2 2024 filing shows 544 new, 1,524 increased, 1,340 reduced and 563 closed positions. Its largest new stake was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M. The largest sale was Alibaba, an estimated $1.83B.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, down from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q2 2024 buy was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M.
- Bank of Montreal added most to Snowflake in Q2 2024, an estimated $413M increase.
- Bank of Montreal's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.23B.
- Bank of Montreal fully exited Alibaba in Q2 2024, selling an estimated $1.83B.
- Bank of Montreal's ten largest holdings make up 51% of its $344B portfolio in Q2 2024.
- Bank of Montreal opened 544 new positions and closed 563 in Q2 2024.
- Bank of Montreal's portfolio value rose 4.4% quarter-over-quarter to $344B.
Based on Bank of Montreal's 13F filing for Q2 2024, filed 14 Aug 2024.