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 | |
|---|---|---|---|---|---|---|---|
2601
Vanguard Energy ETF
VDE
$10.6B
| $343K | ﹤0.01% |
2,605
-416
| -14% | -$49.9K |
2020 Q4
13 quarters
|
|
2602
Sylvamo
SLVM
$1.32B
| $343K | ﹤0.01% |
5,512
+87
| +2% | +$4.65K |
2023 Q4
1 quarter
|
|
2603
OneAscent Emerging Markets ETF
OAEM
$127M
| $343K | ﹤0.01% |
+11,428
| New | +$329K |
2024 Q1
0 quarters
|
|
2604
Bank of Hawaii
BOH
$2.71B
| $342K | ﹤0.01% |
5,469
-6,818
| -55% | -$432K |
2013 Q2
43 quarters
|
|
|
PML
2605
PIMCO Municipal Income Fund II
PML
$431M
| $342K | ﹤0.01% |
38,699
-10,706
| -22% | -$90.2K |
2022 Q4
5 quarters
|
|
2606
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$25.5B
| $342K | ﹤0.01% |
7,213
+1,196
| +20% | +$45.9K |
2023 Q2
3 quarters
|
|
2607
Kadant
KAI
$3.11B
| $341K | ﹤0.01% |
1,025
-2
| -0.2% | -$603 |
2020 Q2
15 quarters
|
|
2608
Northern Trust STOXX Global Broad Infrastructure ETF
NFRA
$2.95B
| $341K | ﹤0.01% |
6,239
-140
| -2% | -$7.49K |
2021 Q2
11 quarters
|
|
2609
Columbia Emerging Markets Consumer ETF
ECON
$316M
| $340K | ﹤0.01% |
16,535
-768
| -4% | -$15.6K |
2023 Q3
2 quarters
|
|
2610
Cavco Industries
CVCO
$4.44B
| $340K | ﹤0.01% |
850
-112
| -12% | -$39.7K |
2022 Q3
6 quarters
|
|
2611
Health Catalyst
HCAT
$128M
| $340K | ﹤0.01% |
+44,816
| New | +$409K |
2024 Q1
0 quarters
|
|
2612
Amphastar Pharmaceuticals
AMPH
$1.08B
| $340K | ﹤0.01% |
7,646
+200
| +3% | +$10.3K |
2014 Q3
38 quarters
|
|
2613
Simply Good Foods
SMPL
$874M
| $339K | ﹤0.01% |
9,960
+105
| +1% | +$3.87K |
2017 Q3
26 quarters
|
|
2614
State Street SPDR S&P Health Care Equipment ETF
XHE
$190M
| $339K | ﹤0.01% |
3,842
+2,465
| +179% | +$209K |
2017 Q1
28 quarters
|
|
2615
iShares Core Conservative Allocation ETF
AOK
$812M
| $338K | ﹤0.01% |
9,170
+70
| +0.8% | +$2.53K |
2022 Q3
6 quarters
|
|
2616
Nuveen Enhanced Yield US Aggregate Bond ETF
NUAG
$105M
| $338K | ﹤0.01% |
16,152
-990
| -6% | -$20.6K |
2023 Q4
1 quarter
|
|
2617
Seacoast Banking Corp of Florida
SBCF
$3.11B
| $337K | ﹤0.01% |
13,218
-11,122
| -46% | -$280K |
2017 Q4
25 quarters
|
|
2618
Evolent Health
EVH
$383M
| $337K | ﹤0.01% |
10,173
-2,364
| -19% | -$75.4K |
2023 Q4
1 quarter
|
|
2619
Papa John's
PZZA
$645M
| $337K | ﹤0.01% |
4,919
-2,022
| -29% | -$146K |
2013 Q2
43 quarters
|
|
|
SUM
2620
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $335K | ﹤0.01% |
7,506
-8,311
| -53% | -$329K |
2016 Q3
30 quarters
|
|
2621
Mercury Systems
MRCY
$5.12B
| $334K | ﹤0.01% |
11,318
-11,000
| -49% | -$331K |
2013 Q2
43 quarters
|
|
2622
Virtu Financial
VIRT
$4.91B
| $333K | ﹤0.01% |
+16,129
| New | +$297K |
2024 Q1
0 quarters
|
|
2623
American Century Select High Yield ETF
AHYB
$60.5M
| $332K | ﹤0.01% |
+7,282
| New | +$330K |
2024 Q1
0 quarters
|
|
2624
Strategic Education
STRA
$1.75B
| $332K | ﹤0.01% |
3,178
+42
| +1% | +$4.1K |
2013 Q2
43 quarters
|
|
2625
Integra LifeSciences
IART
$1.25B
| $331K | ﹤0.01% |
9,324
+2,166
| +30% | +$86.6K |
2013 Q2
43 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.