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 | |
|---|---|---|---|---|---|---|
701
PUT
Cenovus Energy
CVE
$56.4B
| $21.3M | 0.01% |
1,064,700
+814,700
| +326% | +$13.9M |
|
702
PUT
Bank of America
BAC
$448B
| $21.3M | 0.01% |
562,400
-837,600
| -60% | -$28.8M |
|
703
Halozyme
HALO
$11.4B
| $21.2M | 0.01% |
519,430
+14,888
| +3% | +$558K |
|
704
PUT
Coinbase
COIN
$40.4B
| $21.2M | 0.01% |
79,700
-30,400
| -28% | -$5.47M |
|
705
Cloudflare
NET
$118B
| $21.1M | 0.01% |
217,659
-37,131
| -15% | -$3.36M |
|
706
Harley-Davidson
HOG
$2.88B
| $21.1M | 0.01% |
480,705
-40,287
| -8% | -$1.49M |
|
707
Broadridge
BR
$19.6B
| $20.9M | 0.01% |
102,683
-9,451
| -8% | -$1.91M |
|
708
iShares MSCI EAFE Growth ETF
EFG
$17.4B
| $20.8M | 0.01% |
200,252
-1,459
| -0.7% | -$145K |
|
709
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.07B
| $20.8M | 0.01% |
175,165
-14,922
| -8% | -$1.68M |
|
710
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.39B
| $20.7M | 0.01% |
813,595
+238,094
| +41% | +$5.9M |
|
711
ATS Corp
ATS
$1.98B
| $20.7M | 0.01% |
575,741
-75,110
| -12% | -$2.98M |
|
712
Genuine Parts
GPC
$18.7B
| $20.6M | 0.01% |
132,464
-13,313
| -9% | -$1.94M |
|
713
Principal Financial Group
PFG
$24.6B
| $20.5M | 0.01% |
237,162
+14,414
| +6% | +$1.16M |
|
|
AXON
714
Axon Enterprise
AXON
$49.8B
| $20.4M | 0.01% |
64,825
+239
| +0.4% | +$66.4K |
|
|
ERF
715
DELISTED
Enerplus Corporation
ERF
| $20.4M | 0.01% |
1,035,999
-471,185
| -31% | -$7.67M |
|
716
CALL
AbbVie
ABBV
$441B
| $20.3M | 0.01% |
+112,500
| New | +$19.4M |
|
717
Vanguard ESG US Stock ETF
ESGV
$13.8B
| $20.2M | 0.01% |
216,859
-5,353
| -2% | -$476K |
|
718
Essex Property Trust
ESS
$18.6B
| $20M | 0.01% |
81,700
-3,003
| -4% | -$715K |
|
719
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $20M | 0.01% |
260,716
-15,026
| -5% | -$1.15M |
|
720
Factset
FDS
$10.3B
| $20M | 0.01% |
42,440
+526
| +1% | +$245K |
|
721
Ball Corp
BALL
$16.4B
| $19.9M | 0.01% |
296,459
-5,785
| -2% | -$352K |
|
722
Cognex
CGNX
$10.4B
| $19.7M | 0.01% |
463,111
+41,081
| +10% | +$1.6M |
|
723
Itron
ITRI
$4.49B
| $19.6M | 0.01% |
211,881
+55,318
| +35% | +$4.46M |
|
724
Icon
ICLR
$12.8B
| $19.5M | 0.01% |
57,809
+29,139
| +102% | +$8.59M |
|
725
Mid-America Apartment Communities
MAA
$15.6B
| $19.4M | 0.01% |
147,390
-11,133
| -7% | -$1.45M |
|
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.