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 | |
|---|---|---|---|---|---|---|
501
Johnson Controls International
JCI
$92.6B
| $44.2M | 0.01% |
632,714
-176,516
| -22% | -$11.9M |
|
502
Rockwell Automation
ROK
$50.1B
| $44.2M | 0.01% |
165,253
+5,705
| +4% | +$1.54M |
|
503
PUT
Meta Platforms (Facebook)
META
$1.47T
| $44.1M | 0.01% |
85,300
+50,400
| +144% | +$24.5M |
|
504
Dimensional US Small Cap ETF
DFAS
$15.8B
| $43.9M | 0.01% |
707,018
+72,199
| +11% | +$4.35M |
|
|
PARA
505
DELISTED
Paramount Global Class B
PARA
| $43.7M | 0.01% |
1,106,389
+159,974
| +17% | +$1.87M |
|
506
Keurig Dr Pepper
KDP
$40.2B
| $43.2M | 0.01% |
1,256,016
-168,869
| -12% | -$5.6M |
|
507
iShares MSCI Canada ETF
EWC
$6.51B
| $43.2M | 0.01% |
1,163,323
-88,526
| -7% | -$3.33M |
|
|
BNY
508
Bank of New York Mellon
BNY
$111B
| $43.2M | 0.01% |
720,564
+16,104
| +2% | +$932K |
|
509
CDW
CDW
$17.1B
| $43.1M | 0.01% |
190,507
+7,705
| +4% | +$1.79M |
|
510
Evergy
EVRG
$19.2B
| $43.1M | 0.01% |
773,153
-129,858
| -14% | -$6.91M |
|
511
Hartford Financial Services
HIG
$37.7B
| $43.1M | 0.01% |
415,242
+7,603
| +2% | +$763K |
|
512
Vulcan Materials
VMC
$36.3B
| $43M | 0.01% |
172,789
+7,254
| +4% | +$1.87M |
|
513
XP
XP
$7.98B
| $42.8M | 0.01% |
2,228,957
+2,087,591
| +1,477% | +$43.1M |
|
514
PUT
Walt Disney
DIS
$178B
| $42.8M | 0.01% |
85,600
| – | – |
|
515
Cheniere Energy
LNG
$55.4B
| $42.7M | 0.01% |
244,290
-701,300
| -74% | -$112M |
|
516
Dominion Energy
D
$59.8B
| $42.7M | 0.01% |
829,522
+144,139
| +21% | +$7.34M |
|
517
PUT
Wells Fargo
WFC
$269B
| $42.5M | 0.01% |
685,000
+565,000
| +471% | +$33.4M |
|
518
DoorDash
DASH
$92.1B
| $42.3M | 0.01% |
365,721
-6,353
| -2% | -$765K |
|
519
Masco
MAS
$14.7B
| $42.3M | 0.01% |
634,740
+294,409
| +87% | +$20.8M |
|
520
Schwab Fundamental International Large Company Index ETF
FNDF
$25.8B
| $42.2M | 0.01% |
1,192,504
+1,174,291
| +6,448% | +$41.7M |
|
521
Cardinal Health
CAH
$54.5B
| $42M | 0.01% |
399,046
+109,749
| +38% | +$11.2M |
|
522
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $41.6M | 0.01% |
1,007,698
+163,027
| +19% | +$6.71M |
|
523
Charter Communications
CHTR
$17.9B
| $41.5M | 0.01% |
138,341
+4,288
| +3% | +$1.17M |
|
524
Herbalife
HLF
$1.23B
| $41.4M | 0.01% |
3,776,641
+500,876
| +15% | +$5M |
|
525
Lennar Class A
LEN
$20.5B
| $41.2M | 0.01% |
283,690
-40,612
| -13% | -$6.18M |
|
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.