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 | |
|---|---|---|---|---|---|---|---|
2826
Invesco Variable Rate Preferred ETF
VRP
$3B
| $240K | ﹤0.01% |
10,093
+5,093
| +102% | +$120K |
2020 Q3
14 quarters
|
|
|
MGIC
2827
DELISTED
Magic Software Enterprises
MGIC
| $240K | ﹤0.01% |
20,000
| – | – |
2022 Q3
6 quarters
|
|
2828
Agilysys
AGYS
$2.83B
| $240K | ﹤0.01% |
2,834
+160
| +6% | +$12.9K |
2023 Q4
1 quarter
|
|
2829
Rocket Lab Corp
RKLB
$45.1B
| $238K | ﹤0.01% |
57,555
+34,589
| +151% | +$160K |
2022 Q3
6 quarters
|
|
2830
CytomX Therapeutics
CTMX
$573M
| $238K | ﹤0.01% |
107,700
+36,400
| +51% | +$67.2K |
2023 Q4
1 quarter
|
|
2831
DarioHealth
DRIO
$60.4M
| $238K | ﹤0.01% |
+7,523
| New | +$285K |
2024 Q1
0 quarters
|
|
|
HPP
2832
Hudson Pacific Properties
HPP
$620M
| $238K | ﹤0.01% |
5,212
-20,341
| -80% | -$1.07M |
2014 Q2
39 quarters
|
|
2833
Viavi Solutions
VIAV
$11B
| $237K | ﹤0.01% |
25,164
+1,037
| +4% | +$10.2K |
2013 Q2
43 quarters
|
|
2834
State Street Multi-Asset Real Return ETF
RLY
$1.38B
| $237K | ﹤0.01% |
8,474
| – | – |
2022 Q1
8 quarters
|
|
|
PCQ
2835
Pimco California Municipal Income Fund
PCQ
$147M
| $237K | ﹤0.01% |
22,626
+4,172
| +23% | +$39.2K |
2023 Q4
1 quarter
|
|
|
RC
2836
Ready Capital
RC
$180M
| $237K | ﹤0.01% |
25,874
-2,627
| -9% | -$24.3K |
2022 Q3
6 quarters
|
|
2837
J&J Snack Foods
JJSF
$1.45B
| $236K | ﹤0.01% |
1,628
-40
| -2% | -$6.04K |
2013 Q2
43 quarters
|
|
2838
Forward Air
FWRD
$524M
| $236K | ﹤0.01% |
7,577
+4,221
| +126% | +$177K |
2013 Q2
43 quarters
|
|
2839
Schwab US Mid-Cap ETF
SCHM
$14.4B
| $236K | ﹤0.01% |
8,661
-24
| -0.3% | -$612 |
2017 Q4
25 quarters
|
|
2840
VanEck China Bond ETF
CBON
$28.9M
| $236K | ﹤0.01% |
10,750
-1,027
| -9% | -$22.5K |
2020 Q3
14 quarters
|
|
2841
Invesco Global Water ETF
PIO
$259M
| $235K | ﹤0.01% |
5,451
-19,662
| -78% | -$787K |
2021 Q2
11 quarters
|
|
2842
Ingles Markets
IMKTA
$1.61B
| $235K | ﹤0.01% |
3,066
-2,037
| -40% | -$163K |
2023 Q4
1 quarter
|
|
2843
iShares Global Comm Services ETF
IXP
$604M
| $235K | ﹤0.01% |
2,789
+2,200
| +374% | +$176K |
2019 Q3
18 quarters
|
|
|
VGR
2844
DELISTED
Vector Group Ltd.
VGR
| $235K | ﹤0.01% |
21,277
+132
| +0.6% | +$1.43K |
2013 Q2
43 quarters
|
|
|
VIGL
2845
DELISTED
Vigil Neuroscience
VIGL
| $235K | ﹤0.01% |
+33,368
| New | +$104K |
2024 Q1
0 quarters
|
|
2846
Xerox
XRX
$412M
| $235K | ﹤0.01% |
12,534
+397
| +3% | +$6.98K |
2019 Q4
17 quarters
|
|
2847
RPC Inc
RES
$1.27B
| $234K | ﹤0.01% |
30,247
+1,037
| +4% | +$7.49K |
2013 Q2
43 quarters
|
|
2848
Pegasystems
PEGA
$5.66B
| $234K | ﹤0.01% |
+7,236
| New | +$203K |
2024 Q1
0 quarters
|
|
2849
Arteris
AIP
$1.18B
| $234K | ﹤0.01% |
+29,990
| New | +$193K |
2024 Q1
0 quarters
|
|
2850
New Mountain Finance
NMFC
$664M
| $233K | ﹤0.01% |
18,305
| – | – |
2023 Q4
1 quarter
|
|
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.