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 | |
|---|---|---|---|---|---|---|
2701
First Mid Bancshares
FMBH
$1.39B
| $292K | ﹤0.01% |
8,909
| – | – |
|
2702
BlackRock Intermediate Muni Income Bond ETF
INMU
$547M
| $292K | ﹤0.01% |
12,255
-11,333
| -48% | -$269K |
|
2703
Helix Energy Solutions
HLX
$1.54B
| $292K | ﹤0.01% |
26,918
+42
| +0.2% | +$409 |
|
2704
Energy Recovery
ERII
$411M
| $292K | ﹤0.01% |
18,401
+738
| +4% | +$11.7K |
|
2705
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $292K | ﹤0.01% |
2,932
-3,707
| -56% | -$366K |
|
2706
SouthState Bank Corp
SSB
$10.8B
| $291K | ﹤0.01% |
3,419
-2,651
| -44% | -$218K |
|
2707
Zymeworks
ZYME
$1.78B
| $291K | ﹤0.01% |
+27,666
| New | +$307K |
|
|
CSGS
2708
DELISTED
CSG Systems International
CSGS
| $290K | ﹤0.01% |
5,602
-115
| -2% | -$5.98K |
|
2709
Brinker International
EAT
$10.1B
| $289K | ﹤0.01% |
5,821
+608
| +12% | +$26.9K |
|
|
DNMR
2710
DELISTED
Danimer Scientific, Inc.
DNMR
| $289K | ﹤0.01% |
6,566
-188
| -3% | -$7.78K |
|
|
NOVA
2711
DELISTED
Sunnova Energy
NOVA
| $289K | ﹤0.01% |
41,330
-7,353
| -15% | -$66.3K |
|
2712
Argan
AGX
$8.09B
| $289K | ﹤0.01% |
+5,665
| New | +$266K |
|
2713
O-I Glass
OI
$1.04B
| $288K | ﹤0.01% |
17,310
+1,300
| +8% | +$20.6K |
|
2714
iShares Core Moderate Allocation ETF
AOM
$1.78B
| $288K | ﹤0.01% |
6,728
+1,484
| +28% | +$62K |
|
2715
Xtrackers FTSE Developed ex US Multifactor ETF
DEEF
$56.6M
| $288K | ﹤0.01% |
9,706
-3,310
| -25% | -$94.7K |
|
2716
Sunstone Hotel Investors
SHO
$2.03B
| $287K | ﹤0.01% |
25,720
+4,893
| +23% | +$53.5K |
|
2717
Coursera
COUR
$1.53B
| $286K | ﹤0.01% |
20,388
| – | – |
|
2718
Fulton Financial
FULT
$4.73B
| $286K | ﹤0.01% |
17,961
+1,000
| +6% | +$15.6K |
|
2719
StoneX
SNEX
$8.01B
| $286K | ﹤0.01% |
13,665
-264
| -2% | -$5.28K |
|
2720
WaFd
WAFD
$2.81B
| $286K | ﹤0.01% |
9,811
+3,454
| +54% | +$99.5K |
|
2721
Shutterstock
SSTK
$209M
| $286K | ﹤0.01% |
6,189
+120
| +2% | +$5.72K |
|
2722
Global X FinTech ETF
FINX
$171M
| $285K | ﹤0.01% |
+10,200
| New | +$260K |
|
2723
Ethan Allen Interiors
ETD
$578M
| $285K | ﹤0.01% |
+8,247
| New | +$258K |
|
2724
FB Financial Corp
FBK
$3.1B
| $285K | ﹤0.01% |
7,457
+4,046
| +119% | +$149K |
|
2725
Standex International
SXI
$3.99B
| $283K | ﹤0.01% |
1,550
+40
| +3% | +$6.46K |
|
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.