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 | |
|---|---|---|---|---|---|---|
651
iShares US Healthcare ETF
IYH
$3.76B
| $27.4M | 0.01% |
424,528
+326,233
| +332% | +$20.8M |
|
652
iShares MSCI EAFE Growth ETF
EFG
$17.4B
| $27.4M | 0.01% |
254,094
+1,805
| +0.7% | +$187K |
|
653
Stellantis
STLA
$20.1B
| $27.4M | 0.01% |
1,704,996
+426,445
| +33% | +$7.25M |
|
654
Dimensional US Large Cap Value ETF
DFLV
$7B
| $27.3M | 0.01% |
887,521
+94,185
| +12% | +$2.81M |
|
655
Equifax
EFX
$21.3B
| $27.2M | 0.01% |
93,795
+1,748
| +2% | +$493K |
|
656
AES
AES
$10.5B
| $27.2M | 0.01% |
1,356,014
+244,648
| +22% | +$4.33M |
|
657
Masco
MAS
$14.8B
| $27.1M | 0.01% |
324,526
-310,214
| -49% | -$23.5M |
|
658
C.H. Robinson
CHRW
$17.6B
| $27.1M | 0.01% |
250,201
-9,863
| -4% | -$958K |
|
659
PUT
Oracle
ORCL
$444B
| $26.8M | 0.01% |
+159,100
| New | +$23M |
|
660
CALL
AbbVie
ABBV
$441B
| $26.8M | 0.01% |
137,500
+25,000
| +22% | +$4.67M |
|
661
PTC
PTC
$16B
| $26.7M | 0.01% |
146,674
-9,257
| -6% | -$1.63M |
|
662
Deckers Outdoor
DECK
$12.6B
| $26.7M | 0.01% |
167,407
-491
| -0.3% | -$74.9K |
|
|
SPR
663
DELISTED
Spirit AeroSystems
SPR
| $26.6M | 0.01% |
802,091
+758,599
| +1,744% | +$26M |
|
664
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $26.4M | 0.01% |
501,104
-163,080
| -25% | -$8.49M |
|
665
Match Group
MTCH
$8.41B
| $26.3M | 0.01% |
694,760
-68,373
| -9% | -$2.39M |
|
666
Loews
L
$23.1B
| $26.2M | 0.01% |
332,209
-20,951
| -6% | -$1.64M |
|
667
Teledyne Technologies
TDY
$31.2B
| $26M | 0.01% |
59,771
+21,656
| +57% | +$8.98M |
|
668
Halliburton
HAL
$27.5B
| $25.8M | 0.01% |
902,208
+12,810
| +1% | +$404K |
|
669
Varonis Systems
VRNS
$4.96B
| $25.7M | 0.01% |
457,694
-188,567
| -29% | -$9.91M |
|
670
Post Holdings
POST
$3.66B
| $25.7M | 0.01% |
221,065
+114,542
| +108% | +$12.8M |
|
671
Cincinnati Financial
CINF
$26.5B
| $25.6M | 0.01% |
188,435
-38,187
| -17% | -$4.94M |
|
672
Northern Trust
NTRS
$34.8B
| $25.6M | 0.01% |
283,690
+73,327
| +35% | +$6.41M |
|
673
Alcon
ALC
$35.3B
| $25.5M | 0.01% |
254,561
-719,652
| -74% | -$67.7M |
|
674
PUT
Wells Fargo
WFC
$266B
| $25.4M | 0.01% |
455,000
-230,000
| -34% | -$13M |
|
675
Domino's
DPZ
$11.5B
| $25.4M | 0.01% |
59,114
+3,198
| +6% | +$1.39M |
|
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.