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 | |
|---|---|---|---|---|---|---|---|
2976
Quadratic Deflation ETF
BNDD
$17.1M
| $190K | ﹤0.01% |
1,582
-5,207
| -77% | -$613K |
2022 Q2
7 quarters
|
|
2977
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.73B
| $190K | ﹤0.01% |
3,920
+300
| +8% | +$13.5K |
2013 Q2
43 quarters
|
|
2978
Radware
RDWR
$1.27B
| $190K | ﹤0.01% |
10,000
| – | – |
2022 Q3
6 quarters
|
|
2979
Invesco S&P International Developed Quality ETF
IDHQ
$1.04B
| $189K | ﹤0.01% |
+6,175
| New | +$182K |
2024 Q1
0 quarters
|
|
|
KEEL
2980
Keel Infrastructure Corp
KEEL
$2.12B
| $188K | ﹤0.01% |
84,468
+38,800
| +85% | +$101K |
2021 Q2
11 quarters
|
|
2981
Mizuho Financial
MFG
$130B
| $188K | ﹤0.01% |
46,255
+7,585
| +20% | +$28.3K |
2013 Q2
43 quarters
|
|
2982
Northern Trust International Quality Dividend ETF
IQDF
$1.13B
| $188K | ﹤0.01% |
7,789
| – | – |
2023 Q2
3 quarters
|
|
|
PDM
2983
Piedmont Realty Trust
PDM
$1.1B
| $187K | ﹤0.01% |
26,668
-5,242
| -16% | -$35.1K |
2023 Q4
1 quarter
|
|
2984
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$543M
| $187K | ﹤0.01% |
+7,392
| New | +$188K |
2024 Q1
0 quarters
|
|
2985
Invesco KBW Bank ETF
KBWB
$6.13B
| $187K | ﹤0.01% |
3,480
+2,080
| +149% | +$103K |
2023 Q3
2 quarters
|
|
2986
Altimmune
ALT
$537M
| $187K | ﹤0.01% |
+20,965
| New | +$213K |
2024 Q1
0 quarters
|
|
2987
State Street SPDR S&P Pharmaceuticals ETF
XPH
$526M
| $187K | ﹤0.01% |
4,266
+70
| +2% | +$3.02K |
2016 Q3
30 quarters
|
|
|
LAR
2988
Lithium Argentina AG
LAR
$909M
| $187K | ﹤0.01% |
36,210
-287,134
| -89% | -$1.39M |
2023 Q4
1 quarter
|
|
2989
Vanguard FTSE Pacific ETF
VPL
$8.65B
| $184K | ﹤0.01% |
2,417
-284
| -11% | -$20.8K |
2013 Q2
43 quarters
|
|
2990
AGF US Market Neutral Anti-Beta Fund
BTAL
$319M
| $184K | ﹤0.01% |
+10,195
| New | +$185K |
2024 Q1
0 quarters
|
|
2991
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.72B
| $184K | ﹤0.01% |
+4,740
| New | +$178K |
2024 Q1
0 quarters
|
|
2992
iShares MSCI Philippines ETF
EPHE
$129M
| $184K | ﹤0.01% |
6,652
+6,552
| +6,552% | +$177K |
2023 Q2
3 quarters
|
|
|
VPU
2993
Vanguard Utilities ETF
VPU
$7.68B
| $183K | ﹤0.01% |
1,283
-8,451
| -87% | -$1.14M |
2020 Q3
14 quarters
|
|
2994
Columbia Short Duration Bond ETF
SBND
$199M
| $183K | ﹤0.01% |
+9,948
| New | +$183K |
2024 Q1
0 quarters
|
|
2995
iShares MSCI Germany ETF
EWG
$1.48B
| $183K | ﹤0.01% |
+5,760
| New | +$173K |
2024 Q1
0 quarters
|
|
|
KEUA
2996
DELISTED
KraneShares European Carbon Allowance Strategy ETF
KEUA
| $182K | ﹤0.01% |
8,250
-7,423
| -47% | -$157K |
2022 Q4
5 quarters
|
|
2997
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.03B
| $182K | ﹤0.01% |
1,614
+70
| +5% | +$7.51K |
2017 Q2
27 quarters
|
|
2998
Hayward Holdings
HAYW
$2.6B
| $182K | ﹤0.01% |
11,710
-11,817
| -50% | -$158K |
2023 Q2
3 quarters
|
|
|
XHR
2999
Xenia Hotels & Resorts
XHR
$1.67B
| $181K | ﹤0.01% |
12,062
+1,352
| +13% | +$18.9K |
2023 Q4
1 quarter
|
|
|
JBGS
3000
JBG SMITH
JBGS
$607M
| $181K | ﹤0.01% |
10,944
-161
| -1% | -$2.68K |
2017 Q3
26 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.