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 | |
|---|---|---|---|---|---|---|---|
2826
Addus HomeCare
ADUS
$2.09B
| $226K | ﹤0.01% |
+1,875
| New | +$201K |
2024 Q2
0 quarters
|
|
2827
StepStone Group
STEP
$3.68B
| $226K | ﹤0.01% |
+4,900
| New | +$193K |
2024 Q2
0 quarters
|
|
2828
Cohen & Steers
CNS
$3.76B
| $226K | ﹤0.01% |
+3,108
| New | +$221K |
2024 Q2
0 quarters
|
|
2829
New Mountain Finance
NMFC
$664M
| $226K | ﹤0.01% |
18,305
| – | – |
2023 Q4
2 quarters
|
|
2830
Papa John's
PZZA
$645M
| $225K | ﹤0.01% |
4,672
-247
| -5% | -$13.5K |
2013 Q2
44 quarters
|
|
2831
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$11.7B
| $225K | ﹤0.01% |
9,655
| – | – |
2024 Q1
1 quarter
|
|
2832
Oxford Industries
OXM
$380M
| $225K | ﹤0.01% |
2,193
-315
| -13% | -$33.2K |
2013 Q2
44 quarters
|
|
|
KW
2833
DELISTED
Kennedy-Wilson Holdings
KW
| $225K | ﹤0.01% |
23,117
+3,486
| +18% | +$32.6K |
2023 Q1
5 quarters
|
|
2834
VanEck Steel ETF
SLX
$160M
| $225K | ﹤0.01% |
3,270
-4,018
| -55% | -$281K |
2022 Q2
8 quarters
|
|
2835
The GEO Group
GEO
$4.05B
| $224K | ﹤0.01% |
15,618
+3,170
| +25% | +$44.8K |
2017 Q2
28 quarters
|
|
|
ECHO
2836
EchoStar
ECHO
$25.7B
| $224K | ﹤0.01% |
12,501
+919
| +8% | +$15.2K |
2023 Q4
2 quarters
|
|
2837
Rocket Lab Corp
RKLB
$45.1B
| $223K | ﹤0.01% |
46,509
-11,046
| -19% | -$46K |
2022 Q3
7 quarters
|
|
|
EOD
2838
Allspring Global Dividend Opportunity Fund
EOD
$273M
| $223K | ﹤0.01% |
40,000
| – | – |
2020 Q3
15 quarters
|
|
2839
POET Technologies
POET
$1.32B
| $223K | ﹤0.01% |
123,606
+100,000
| +424% | +$181K |
2024 Q1
1 quarter
|
|
2840
Global X Gold Explorers ETF NEW
GOEX
$119M
| $223K | ﹤0.01% |
7,485
-180
| -2% | -$5.05K |
2022 Q4
6 quarters
|
|
|
IBTX
2841
DELISTED
Independent Bank Group, Inc.
IBTX
| $223K | ﹤0.01% |
4,893
+160
| +3% | +$6.82K |
2023 Q4
2 quarters
|
|
2842
SiriusPoint
SPNT
$2.84B
| $223K | ﹤0.01% |
18,039
+1,993
| +12% | +$24.9K |
2022 Q3
7 quarters
|
|
2843
PUT
Avis
CAR
$3.75B
| $222K | ﹤0.01% |
+2,000
| New | +$224K |
2024 Q2
0 quarters
|
|
|
LAC
2844
Lithium Americas
LAC
$933M
| $222K | ﹤0.01% |
76,438
-20,174
| -21% | -$89.1K |
2023 Q4
2 quarters
|
|
2845
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.9B
| $222K | ﹤0.01% |
1,405
-1,657
| -54% | -$249K |
2014 Q4
38 quarters
|
|
2846
Global Ship Lease
GSL
$1.64B
| $221K | ﹤0.01% |
+7,351
| New | +$187K |
2024 Q2
0 quarters
|
|
2847
Safety Insurance
SAFT
$1.52B
| $221K | ﹤0.01% |
2,868
-255
| -8% | -$20K |
2023 Q4
2 quarters
|
|
2848
Kennametal
KMT
$2.42B
| $220K | ﹤0.01% |
8,996
+204
| +2% | +$5.01K |
2013 Q2
44 quarters
|
|
2849
Patrick Industries
PATK
$2.14B
| $220K | ﹤0.01% |
3,035
| – | – |
2024 Q1
1 quarter
|
|
2850
PUT
Fluor
FLR
$6.6B
| $220K | ﹤0.01% |
+5,000
| New | +$208K |
2024 Q2
0 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.