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 | |
|---|---|---|---|---|---|---|
676
SoFi Technologies
SOFI
$24B
| $25.1M | 0.01% |
3,155,020
+90,934
| +3% | +$661K |
|
677
Darden Restaurants
DRI
$25.3B
| $25M | 0.01% |
150,204
+20,780
| +16% | +$3.15M |
|
678
EPAM Systems
EPAM
$5.28B
| $25M | 0.01% |
125,294
-49,519
| -28% | -$9.92M |
|
679
Ventas
VTR
$46.2B
| $25M | 0.01% |
391,302
-15,488
| -4% | -$904K |
|
680
Parsons
PSN
$5.08B
| $24.9M | 0.01% |
240,524
+202,017
| +525% | +$18.1M |
|
681
iShares Short Maturity Bond ETF
NEAR
$4.89B
| $24.9M | 0.01% |
485,560
+122,308
| +34% | +$6.22M |
|
682
Herbalife
HLF
$1.27B
| $24.9M | 0.01% |
3,358,893
-417,748
| -11% | -$3.85M |
|
683
Albemarle
ALB
$15.4B
| $24.7M | 0.01% |
256,981
-805
| -0.3% | -$71.5K |
|
684
Essex Property Trust
ESS
$18.6B
| $24.4M | 0.01% |
82,949
+1,114
| +1% | +$323K |
|
685
PUT
Scotiabank
BNS
$110B
| $24.4M | 0.01% |
448,300
+4,300
| +1% | +$209K |
|
686
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $24.2M | 0.01% |
601,004
-5,791,860
| -91% | -$215M |
|
687
Itron
ITRI
$4.49B
| $24.2M | 0.01% |
225,158
-49,448
| -18% | -$5M |
|
688
Jack Henry & Associates
JKHY
$11.1B
| $24.2M | 0.01% |
137,237
+5,188
| +4% | +$878K |
|
689
Teradyne
TER
$64.3B
| $24.1M | 0.01% |
178,888
-30,396
| -15% | -$4.1M |
|
690
CarMax
KMX
$8.53B
| $24.1M | 0.01% |
311,436
-2,961
| -0.9% | -$234K |
|
691
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $24M | 0.01% |
243,796
+12,364
| +5% | +$1.21M |
|
692
Q2 Holdings
QTWO
$4.11B
| $24M | 0.01% |
303,508
+72,494
| +31% | +$5.12M |
|
693
CALL
Canadian Pacific Kansas City
CP
$82.5B
| $23.7M | 0.01% |
+277,900
| New | +$22.8M |
|
694
EQT Corp
EQT
$33.8B
| $23.7M | 0.01% |
649,537
+240,445
| +59% | +$8.18M |
|
695
Mid-America Apartment Communities
MAA
$15.6B
| $23.6M | 0.01% |
149,853
-6,521
| -4% | -$994K |
|
696
CALL
Sun Life Financial
SLF
$44.8B
| $23.5M | 0.01% |
406,300
-601,700
| -60% | -$31.4M |
|
697
Warner Bros
WBD
$69.7B
| $23.4M | 0.01% |
2,794,540
-102,987
| -4% | -$805K |
|
698
Gaming and Leisure Properties
GLPI
$12.7B
| $23.4M | 0.01% |
461,086
+310,212
| +206% | +$15.4M |
|
699
Seagate
STX
$208B
| $23.4M | 0.01% |
215,149
-3,469
| -2% | -$355K |
|
700
CALL
Microchip Technology
MCHP
$42.5B
| $23.4M | 0.01% |
+290,000
| New | +$23.9M |
|
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.