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 |
NVIDIA
NVDA
|
+$1.87B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 3 |
Mastercard
MA
|
+$914M |
| 4 |
CrowdStrike
CRWD
|
+$860M |
| 5 |
ServiceNow
NOW
|
+$769M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$645M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$566M |
| 3 |
Royal Bank of Canada
RY
|
+$545M |
| 4 |
Snowflake
SNOW
|
+$486M |
| 5 |
Microsoft
MSFT
|
+$445M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.58% |
| 2 | Technology | 19.56% |
| 3 | Communication Services | 7.69% |
| 4 | Industrials | 6.63% |
| 5 | Consumer Discretionary | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
CRH
CRH
$65.4B
| $36.8M | 0.02% |
397,393
-1,731,570
| -81% | -$145M |
|
552
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.79B
| $36.7M | 0.02% |
479,295
-13,226
| -3% | -$972K |
|
553
Fluor
FLR
$6.92B
| $36.6M | 0.02% |
764,312
-80,175
| -9% | -$3.78M |
|
|
GRMN
554
Garmin
GRMN
$59.9B
| $36.4M | 0.02% |
209,484
-67,983
| -25% | -$11.7M |
|
555
AGCO
AGCO
$7.06B
| $36M | 0.02% |
366,091
-649,346
| -64% | -$60.5M |
|
556
Ulta Beauty
ULTA
$22.4B
| $35.9M | 0.02% |
88,774
-43,024
| -33% | -$16.1M |
|
557
PUT
Bank of Montreal
BMO
$129B
| $35.9M | 0.02% |
397,000
+160,200
| +68% | +$13.7M |
|
558
Cooper Companies
COO
$15.1B
| $35.8M | 0.02% |
326,520
+110,878
| +51% | +$10.8M |
|
559
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $35.7M | 0.02% |
199,711
+36,648
| +22% | +$6.26M |
|
560
Align Technology
ALGN
$12.4B
| $35.7M | 0.02% |
140,192
+59,436
| +74% | +$14M |
|
561
Halozyme
HALO
$11.4B
| $35.6M | 0.02% |
625,700
+100,769
| +19% | +$5.78M |
|
562
PUT
Royal Caribbean
RCL
$82.8B
| $35.5M | 0.02% |
200,000
-95,000
| -32% | -$15.4M |
|
563
Nucor
NUE
$61.6B
| $35.5M | 0.02% |
236,141
-12,942
| -5% | -$1.95M |
|
|
564
CALL
Tesla
TSLA
$1.32T
| $35.4M | 0.02% |
135,900
+52,600
| +63% | +$12M |
|
|
DOO
565
Bombardier Recreational Products
DOO
$4.71B
| $35.3M | 0.02% |
580,840
-41,454
| -7% | -$2.75M |
|
566
First Solar
FSLR
$24.1B
| $35.2M | 0.02% |
137,627
-5,212
| -4% | -$1.17M |
|
567
iShares Gold Trust
IAU
$64.9B
| $35.1M | 0.02% |
701,134
-5,501,594
| -89% | -$258M |
|
568
Ferguson
FERG
$47.2B
| $34.8M | 0.02% |
172,561
+13,150
| +8% | +$2.66M |
|
569
iShares Russell Top 200 Growth ETF
IWY
$16.8B
| $34.8M | 0.02% |
159,054
-55,633
| -26% | -$11.8M |
|
|
570
PUT
Canadian Imperial Bank of Commerce
CM
$112B
| $34.6M | 0.02% |
564,600
-996,700
| -64% | -$54M |
|
571
NetApp
NTAP
$40.6B
| $34.5M | 0.02% |
284,627
-60,193
| -17% | -$7.51M |
|
572
Clorox
CLX
$12.7B
| $34.4M | 0.02% |
210,363
-47,483
| -18% | -$7.04M |
|
573
Keysight
KEYS
$60.7B
| $34.4M | 0.02% |
216,508
-6,722
| -3% | -$957K |
|
574
Avantis Emerging Markets Equity ETF
AVEM
$27.1B
| $34.3M | 0.02% |
523,112
+523,110
| +26,155,500% | +$32M |
|
575
iShares S&P Small-Cap 600 Value ETF
IJS
$8.42B
| $34.2M | 0.02% |
318,645
-1,555
| -0.5% | -$161K |
|
Similar funds
Bank of Montreal's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of Montreal held 4,369 positions worth $227B, down 34% from $344B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal's Q3 2024 filing shows 506 new, 1,334 increased, 1,473 reduced and 547 closed positions. Its largest new stake was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M. The largest sale was Tesla, an estimated $645M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 14% a quarter earlier, followed by Technology and Communication Services.
- Bank of Montreal's largest Q3 2024 buy was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M.
- Bank of Montreal added most to NVIDIA in Q3 2024, an estimated $1.87B increase.
- Bank of Montreal's biggest Q3 2024 reduction was Tesla, cutting an estimated $645M.
- Bank of Montreal fully exited TE Connectivity in Q3 2024, selling an estimated $175M.
- Bank of Montreal's ten largest holdings make up 26% of its $227B portfolio in Q3 2024.
- Bank of Montreal opened 506 new positions and closed 547 in Q3 2024.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $227B.
Based on Bank of Montreal's 13F filing for Q3 2024, filed 13 Nov 2024.