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 | Industrials | 4.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Atlassian
TEAM
$39.4B
| $48M | 0.01% |
270,017
+198,835
| +279% | +$35.5M |
|
477
Gen Digital
GEN
$17.1B
| $47.4M | 0.01% |
1,897,528
+30,747
| +2% | +$703K |
|
478
PUT
Royal Caribbean
RCL
$82.4B
| $47.4M | 0.01% |
295,000
+95,000
| +48% | +$13.7M |
|
479
Hewlett Packard
HPE
$77.8B
| $47.1M | 0.01% |
2,227,035
+1,026,229
| +85% | +$18.9M |
|
480
ResMed
RMD
$32.8B
| $47.1M | 0.01% |
251,490
+99,106
| +65% | +$20.1M |
|
481
Workday
WDAY
$43.3B
| $47M | 0.01% |
215,638
-349,871
| -62% | -$84.2M |
|
482
HP
HPQ
$26.8B
| $46.9M | 0.01% |
1,290,565
+211,412
| +20% | +$6.71M |
|
483
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $46.9M | 0.01% |
914,183
+866,363
| +1,812% | +$45M |
|
484
VanEck Semiconductor ETF
SMH
$72B
| $46.9M | 0.01% |
176,560
+120,851
| +217% | +$28.3M |
|
485
CoStar Group
CSGP
$12.4B
| $46.6M | 0.01% |
628,409
+184,682
| +42% | +$15.7M |
|
486
iShares Russell Top 200 Growth ETF
IWY
$16.6B
| $46.4M | 0.01% |
214,687
+214,247
| +48,693% | +$42.7M |
|
487
Vanguard Morningstar Growth ETF
VUG
$229B
| $46.3M | 0.01% |
737,700
-46,020
| -6% | -$2.68M |
|
488
Vanguard FTSE All-World ex-US ETF
VEU
$70.5B
| $46.1M | 0.01% |
783,138
+311,592
| +66% | +$18.3M |
|
489
Public Service Enterprise Group
PEG
$37.8B
| $45.9M | 0.01% |
618,753
+103,085
| +20% | +$7.33M |
|
490
Howmet Aerospace
HWM
$112B
| $45.8M | 0.01% |
572,029
+117,437
| +26% | +$8.89M |
|
491
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $45.7M | 0.01% |
944,687
+923,395
| +4,337% | +$42.1M |
|
492
WEC Energy
WEC
$35.6B
| $45.6M | 0.01% |
581,335
+33,102
| +6% | +$2.69M |
|
|
GRMN
493
Garmin
GRMN
$59.8B
| $45.3M | 0.01% |
277,467
+11,142
| +4% | +$1.75M |
|
|
EA
494
DELISTED
Electronic Arts
EA
| $45M | 0.01% |
319,671
-1,016
| -0.3% | -$134K |
|
495
Spotify
SPOT
$101B
| $44.9M | 0.01% |
139,741
+94,245
| +207% | +$28.4M |
|
496
Winnebago Industries
WGO
$915M
| $44.9M | 0.01% |
827,110
-381,659
| -32% | -$23.5M |
|
497
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $44.5M | 0.01% |
700,142
-32,038
| -4% | -$2.01M |
|
498
Targa Resources
TRGP
$57.6B
| $44.5M | 0.01% |
342,717
+4,234
| +1% | +$496K |
|
499
NetApp
NTAP
$39.6B
| $44.3M | 0.01% |
344,820
+53,647
| +18% | +$6.02M |
|
500
Hudbay
HBM
$12.4B
| $44.2M | 0.01% |
4,873,528
+1,746,519
| +56% | +$15.2M |
|
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 545 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 545 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.