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 | |
|---|---|---|---|---|---|---|
601
Corpay
CPAY
$27.3B
| $31.4M | 0.01% |
100,729
-40,052
| -28% | -$11.8M |
|
602
KBR
KBR
$4.73B
| $31.1M | 0.01% |
484,968
-972
| -0.2% | -$63.3K |
|
603
Carnival Corporation Ltd
CCL
$38.7B
| $31.1M | 0.01% |
1,678,191
-220,504
| -12% | -$3.73M |
|
604
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $30.9M | 0.01% |
217,946
+1,018
| +0.5% | +$138K |
|
605
Texas Roadhouse
TXRH
$13.8B
| $30.8M | 0.01% |
176,280
+168,669
| +2,216% | +$28.5M |
|
606
Equity Residential
EQR
$24.6B
| $30.8M | 0.01% |
416,274
-2,296
| -0.5% | -$166K |
|
607
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.4B
| $30.7M | 0.01% |
1,081,210
+111,827
| +12% | +$3M |
|
608
Hormel Foods
HRL
$13.5B
| $30.7M | 0.01% |
968,296
+25,102
| +3% | +$797K |
|
609
PUT
Eli Lilly
LLY
$1.08T
| $30.6M | 0.01% |
+34,900
| New | +$31.4M |
|
610
Etsy
ETSY
$7.31B
| $30.6M | 0.01% |
534,942
-302,134
| -36% | -$17.1M |
|
611
McCormick & Company Non-Voting
MKC
$14.6B
| $30.5M | 0.01% |
366,459
+10,559
| +3% | +$823K |
|
|
CTRA
612
DELISTED
Coterra Energy
CTRA
| $30M | 0.01% |
1,265,007
-1,633,869
| -56% | -$40.3M |
|
613
Affirm
AFRM
$25.5B
| $29.8M | 0.01% |
724,336
+528,400
| +270% | +$17.5M |
|
614
Synchrony
SYF
$25.9B
| $29.6M | 0.01% |
597,103
+122,763
| +26% | +$5.94M |
|
615
Broadridge
BR
$19.2B
| $29.6M | 0.01% |
139,763
+28,720
| +26% | +$6.01M |
|
616
Tractor Supply
TSCO
$18.6B
| $29.3M | 0.01% |
511,790
-16,365
| -3% | -$880K |
|
617
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $29.3M | 0.01% |
647,898
-359,800
| -36% | -$15.7M |
|
618
iShares Russell 2000 Value ETF
IWN
$14.7B
| $29.2M | 0.01% |
175,531
-5,982
| -3% | -$972K |
|
619
Molson Coors Class B
TAP
$7.81B
| $29.1M | 0.01% |
511,933
-45,445
| -8% | -$2.43M |
|
|
AXON
620
Axon Enterprise
AXON
$48.9B
| $29M | 0.01% |
73,447
+1,958
| +3% | +$675K |
|
621
News Corp Class A
NWSA
$15.6B
| $29M | 0.01% |
1,092,506
+761,524
| +230% | +$20.7M |
|
622
Paycom
PAYC
$9.49B
| $28.9M | 0.01% |
172,260
-61,351
| -26% | -$9.82M |
|
623
Church & Dwight Co
CHD
$23.9B
| $28.9M | 0.01% |
276,832
+17,905
| +7% | +$1.84M |
|
624
Conagra Brands
CAG
$7.34B
| $28.9M | 0.01% |
889,951
-31,365
| -3% | -$962K |
|
625
Dover
DOV
$27.9B
| $28.7M | 0.01% |
148,842
-5,322
| -3% | -$970K |
|
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.