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 | |
|---|---|---|---|---|---|---|
776
Southwest Airlines
LUV
$22B
| $16.8M | 0.01% |
573,720
-117,980
| -17% | -$3.65M |
|
777
Elastic
ESTC
$8.94B
| $16.8M | 0.01% |
166,461
+161,794
| +3,467% | +$18.6M |
|
778
PUT
Riot Platforms
RIOT
$7.21B
| $16.7M | 0.01% |
+1,000,000
| New | +$13M |
|
779
Federal Realty Investment Trust
FRT
$10.3B
| $16.7M | 0.01% |
162,833
+108,992
| +202% | +$11M |
|
|
BBU
780
DELISTED
Brookfield Business Partners
BBU
| $16.6M | 0.01% |
744,840
-121,943
| -14% | -$2.62M |
|
|
DCBO
781
Docebo
DCBO
$594M
| $16.5M | 0.01% |
301,903
-156,860
| -34% | -$7.53M |
|
782
Invitation Homes
INVH
$18B
| $16.5M | 0.01% |
461,715
-11,988
| -3% | -$406K |
|
|
DFSV
783
Dimensional US Small Cap Value ETF
DFSV
$8.45B
| $16.3M | ﹤0.01% |
541,011
+61,489
| +13% | +$1.75M |
|
784
Bath & Body Works
BBWI
$3.76B
| $16.3M | ﹤0.01% |
324,391
+74,547
| +30% | +$3.35M |
|
785
Okta
OKTA
$26.9B
| $16.3M | ﹤0.01% |
145,812
+7,703
| +6% | +$711K |
|
786
CALL
GE Aerospace
GE
$374B
| $16.3M | ﹤0.01% |
115,401
+96,606
| +514% | +$11.4M |
|
787
Unity
U
$20.2B
| $16.2M | ﹤0.01% |
592,173
+551,634
| +1,361% | +$17.3M |
|
788
Qiagen
QGEN
$8.93B
| $16.2M | ﹤0.01% |
334,642
-63,456
| -16% | -$2.89M |
|
789
UDR
UDR
$12.2B
| $16.1M | ﹤0.01% |
428,737
-14,610
| -3% | -$537K |
|
790
Cincinnati Financial
CINF
$26.5B
| $16.1M | ﹤0.01% |
129,138
-76,974
| -37% | -$8.68M |
|
791
Celanese
CE
$4.86B
| $16M | ﹤0.01% |
93,250
+1,586
| +2% | +$242K |
|
792
United Airlines
UAL
$41B
| $16M | ﹤0.01% |
334,598
-188,130
| -36% | -$8.06M |
|
793
Pinterest
PINS
$13.2B
| $16M | ﹤0.01% |
461,922
-341,886
| -43% | -$12.4M |
|
794
VeriSign
VRSN
$26B
| $16M | ﹤0.01% |
84,353
-16,588
| -16% | -$3.26M |
|
795
PUT
Citigroup
C
$233B
| $16M | ﹤0.01% |
250,000
-355,700
| -59% | -$19.8M |
|
796
Dimensional International Small Cap Value ETF
DISV
$5.16B
| $16M | ﹤0.01% |
587,242
+55,531
| +10% | +$1.43M |
|
797
iShares US Technology ETF
IYW
$25.7B
| $16M | ﹤0.01% |
116,837
+20,147
| +21% | +$2.62M |
|
798
Packaging Corp of America
PKG
$22.9B
| $16M | ﹤0.01% |
83,978
-2,092
| -2% | -$363K |
|
799
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $15.9M | ﹤0.01% |
316,665
-61,811
| -16% | -$3.05M |
|
800
PUT
Enbridge
ENB
$112B
| $15.9M | ﹤0.01% |
441,200
-1,200,000
| -73% | -$42.6M |
|
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.