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 | Industrials | 4.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
601
CALL
Microsoft
MSFT
$3.67T
| $29.6M | 0.01% |
69,800
-824,300
| -92% | -$334M |
|
602
Coinbase
COIN
$39B
| $29.5M | 0.01% |
111,028
+63,051
| +131% | +$11.3M |
|
603
TotalEnergies
TTE
$193B
| $29.4M | 0.01% |
425,662
+6,538
| +2% | +$429K |
|
604
Brookfield Renewable
BEPC
$6.6B
| $29.3M | 0.01% |
1,190,575
+356,580
| +43% | +$9.35M |
|
605
Alexandria Real Estate Equities
ARE
$8.29B
| $29.2M | 0.01% |
226,271
-19,421
| -8% | -$2.39M |
|
606
PTC
PTC
$16B
| $29.2M | 0.01% |
153,429
-41,497
| -21% | -$7.47M |
|
607
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.2B
| $29M | 0.01% |
793,641
+792,523
| +70,888% | +$28.8M |
|
608
iShares Russell 2000 Value ETF
IWN
$14.7B
| $29M | 0.01% |
182,472
-4,171
| -2% | -$632K |
|
609
Corning
GLW
$143B
| $29M | 0.01% |
877,737
-1,774,073
| -67% | -$56.5M |
|
610
CALL
Bank of Montreal
BMO
$129B
| $29M | 0.01% |
+300,000
| New | +$28.3M |
|
|
TCN
611
DELISTED
Tricon Residential Inc.
TCN
| $28.9M | 0.01% |
2,582,788
-12,548,406
| -83% | -$134M |
|
612
Varonis Systems
VRNS
$4.97B
| $28.9M | 0.01% |
576,434
+17,508
| +3% | +$834K |
|
613
iShares US Financial Services ETF
IYG
$2.22B
| $28.8M | 0.01% |
151,424
-8,329
| -5% | -$517K |
|
614
Labcorp
LH
$26.1B
| $28.6M | 0.01% |
132,197
-10,715
| -7% | -$2.36M |
|
615
Zimmer Biomet
ZBH
$18.7B
| $28.6M | 0.01% |
215,770
-20,058
| -9% | -$2.51M |
|
616
Nutanix
NTNX
$17.7B
| $28.6M | 0.01% |
454,974
+139,356
| +44% | +$8.03M |
|
617
Builders FirstSource
BLDR
$7.95B
| $28.5M | 0.01% |
136,055
+17,379
| +15% | +$3.21M |
|
|
JNPR
618
DELISTED
Juniper Networks
JNPR
| $28.4M | 0.01% |
765,571
-61,092
| -7% | -$2.23M |
|
619
MongoDB
MDB
$36.7B
| $28.4M | 0.01% |
66,803
-32,576
| -33% | -$13.3M |
|
620
iShares US Industrials ETF
IYJ
$1.95B
| $28.3M | 0.01% |
224,825
+206,436
| +1,123% | +$24.4M |
|
621
Paycom
PAYC
$9.49B
| $28.1M | 0.01% |
142,344
-91,694
| -39% | -$17.5M |
|
622
McCormick & Company Non-Voting
MKC
$14.6B
| $28M | 0.01% |
363,048
-5,193
| -1% | -$353K |
|
623
PUT
Royal Caribbean
RCL
$83B
| $27.8M | 0.01% |
200,000
-44,700
| -18% | -$5.58M |
|
624
VICI Properties
VICI
$28.9B
| $27.8M | 0.01% |
935,143
-310,838
| -25% | -$9.33M |
|
625
Vanguard FTSE All-World ex-US ETF
VEU
$70.7B
| $27.7M | 0.01% |
471,546
-15,242
| -3% | -$861K |
|
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 withdrew a net $11.8B in Q1 2024, closing 666 positions and reducing 1,523 holdings. Its most notable exit was SPDR Gold MiniShares Trust, an estimated $69.1M position sold in full.
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.
Against the trend, Bank of Montreal opened a new position in Analog Devices worth $59.7M.
- 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.