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 |
Strategy Inc
MSTR
|
+$805M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$350M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$240M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$238M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$237M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$2.03B |
| 2 |
Mastercard
MA
|
+$1.71B |
| 3 |
Flutter Entertainment
FLUT
|
+$799M |
| 4 |
Amazon
AMZN
|
+$710M |
| 5 |
Apple
AAPL
|
+$659M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.23% |
| 2 | Technology | 20.47% |
| 3 | Communication Services | 8.14% |
| 4 | Consumer Discretionary | 6.73% |
| 5 | Industrials | 6.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HES
476
DELISTED
Hess
HES
| $45.8M | 0.02% |
344,174
-1,284,924
| -79% | -$179M |
|
477
DuPont de Nemours
DD
$19.4B
| $45.8M | 0.02% |
478,010
-324,771
| -40% | -$33.8M |
|
478
DT Midstream
DTM
$13.8B
| $45.6M | 0.02% |
458,789
+403,730
| +733% | +$38.4M |
|
479
CBRE Group
CBRE
$43B
| $45.5M | 0.02% |
346,676
-261,020
| -43% | -$34.2M |
|
480
Take-Two Interactive
TTWO
$45B
| $45.1M | 0.02% |
245,108
-15,604
| -6% | -$2.71M |
|
481
Ingersoll Rand
IR
$32.4B
| $45M | 0.02% |
497,178
+7,791
| +2% | +$776K |
|
482
Nasdaq
NDAQ
$53.4B
| $44.8M | 0.02% |
579,140
-65,038
| -10% | -$5.03M |
|
483
American International
AIG
$39.7B
| $44.5M | 0.02% |
611,527
-93,346
| -13% | -$7.02M |
|
484
PUT
Uber
UBER
$153B
| $44.3M | 0.02% |
+734,500
| New | +$52.4M |
|
485
Shell
SHEL
$248B
| $44.3M | 0.02% |
707,033
+24,888
| +4% | +$1.63M |
|
486
Ford
F
$55.4B
| $44.3M | 0.02% |
4,473,259
+229,372
| +5% | +$2.45M |
|
|
NOA
487
North American Construction
NOA
$401M
| $44M | 0.02% |
2,045,226
-109,121
| -5% | -$2.14M |
|
488
PUT
Middleby
MIDD
$5.3B
| $44M | 0.02% |
325,000
+125,000
| +63% | +$17.2M |
|
489
Charter Communications
CHTR
$18.2B
| $44M | 0.02% |
128,329
-42,867
| -25% | -$15.5M |
|
490
OR Royalties Inc
OR
$6.15B
| $43.9M | 0.02% |
2,428,646
-537,841
| -18% | -$10.5M |
|
491
Vanguard Total World Stock ETF
VT
$81.7B
| $43.8M | 0.02% |
372,422
+289,035
| +347% | +$34.7M |
|
492
AvalonBay Communities
AVB
$26.3B
| $43.5M | 0.02% |
197,933
-12,561
| -6% | -$2.84M |
|
493
Varonis Systems
VRNS
$4.97B
| $43.5M | 0.02% |
979,769
+522,075
| +114% | +$27.2M |
|
494
PUT
Toronto Dominion Bank
TD
$204B
| $43.2M | 0.02% |
812,400
+95,400
| +13% | +$5.35M |
|
495
Carlisle Companies
CSL
$14.9B
| $43.1M | 0.02% |
116,977
+2,069
| +2% | +$902K |
|
496
Keurig Dr Pepper
KDP
$41.9B
| $42.8M | 0.02% |
1,332,954
+68,732
| +5% | +$2.33M |
|
497
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $42.7M | 0.02% |
+75,000
| New | +$44M |
|
498
PUT
Scotiabank
BNS
$110B
| $42.6M | 0.02% |
794,000
+345,700
| +77% | +$18.7M |
|
499
IQVIA
IQV
$39.7B
| $42.5M | 0.02% |
216,088
-27,103
| -11% | -$5.72M |
|
500
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.18B
| $42.5M | 0.02% |
930,692
-331,571
| -26% | -$15.3M |
|
Similar funds
Bank of Montreal's Q4 2024 Portfolio in Review
As of Q4 2024, Bank of Montreal held 4,060 positions worth $215B, down 5.6% from $227B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Bank of Montreal withdrew a net $15.8B in Q4 2024, closing 568 positions and reducing 1,357 holdings. Its most notable exit was Brookfield Infrastructure, an estimated $164M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 22% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in South Bow Corp worth $126M.
- Bank of Montreal's largest Q4 2024 buy was South Bow Corp: 5,349,368 shares worth $126M.
- Bank of Montreal added most to Strategy Inc in Q4 2024, an estimated $805M increase.
- Bank of Montreal's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $2.03B.
- Bank of Montreal fully exited Brookfield Infrastructure in Q4 2024, selling an estimated $164M.
- Bank of Montreal's ten largest holdings make up 27% of its $215B portfolio in Q4 2024.
- Bank of Montreal opened 258 new positions and closed 568 in Q4 2024.
- Bank of Montreal's portfolio value fell 5.6% quarter-over-quarter to $215B.
Based on Bank of Montreal's 13F filing for Q4 2024, filed 13 Feb 2025.