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 |
Snowflake
SNOW
|
+$413M |
| 2 |
Microsoft
MSFT
|
+$334M |
| 3 |
ExxonMobil
XOM
|
+$296M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$291M |
| 5 |
Tesla
TSLA
|
+$256M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.83B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.23B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.17B |
| 4 |
NVIDIA
NVDA
|
+$518M |
| 5 |
Mastercard
MA
|
+$482M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.31% |
| 2 | Consumer Discretionary | 19.56% |
| 3 | Technology | 15.19% |
| 4 | Financials | 13.61% |
| 5 | Industrials | 4.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
CALL
MPLX
MPLX
$60.5B
| $16.9M | ﹤0.01% |
+396,000
| New | +$16.3M |
|
|
CGAU
802
Centerra Gold
CGAU
$4.14B
| $16.9M | ﹤0.01% |
2,433,241
+1,493,349
| +159% | +$9.79M |
|
803
Bankunited
BKU
$3.4B
| $16.8M | ﹤0.01% |
574,068
+559,720
| +3,901% | +$15.6M |
|
804
Best Buy
BBY
$18B
| $16.6M | ﹤0.01% |
191,851
+7,123
| +4% | +$566K |
|
805
iShares Russell Mid-Cap Growth ETF
IWP
$21.1B
| $16.6M | ﹤0.01% |
150,087
-54
| -0% | -$5.93K |
|
806
Textron
TXT
$15B
| $16.5M | ﹤0.01% |
189,843
+2,531
| +1% | +$225K |
|
|
NVEI
807
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $16.4M | ﹤0.01% |
507,119
-205,587
| -29% | -$6.62M |
|
808
Palantir
PLTR
$422B
| $16.4M | ﹤0.01% |
647,326
+291,089
| +82% | +$6.55M |
|
809
CALL
Shopify
SHOP
$198B
| $16.4M | ﹤0.01% |
+250,000
| New | +$16.6M |
|
810
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.78B
| $16.3M | ﹤0.01% |
175,610
+174,848
| +22,946% | +$16.2M |
|
811
LKQ Corp
LKQ
$6.22B
| $16.3M | ﹤0.01% |
391,894
+47,138
| +14% | +$2.11M |
|
812
Builders FirstSource
BLDR
$7.97B
| $16.3M | ﹤0.01% |
117,626
-18,429
| -14% | -$3.13M |
|
813
CALL
JPMorgan Chase
JPM
$966B
| $16.2M | ﹤0.01% |
80,200
+6,600
| +9% | +$1.29M |
|
814
Illumina
ILMN
$28.9B
| $16.2M | ﹤0.01% |
142,524
-91,336
| -39% | -$10.2M |
|
815
CALL
Royal Bank of Canada
RY
$298B
| $16.2M | ﹤0.01% |
150,000
-190,000
| -56% | -$19.5M |
|
816
Leidos
LDOS
$17.8B
| $16.1M | ﹤0.01% |
108,572
+4,143
| +4% | +$579K |
|
817
Packaging Corp of America
PKG
$22.9B
| $16.1M | ﹤0.01% |
85,422
+1,444
| +2% | +$263K |
|
818
CALL
Amazon
AMZN
$2.86T
| $16M | ﹤0.01% |
9,100
+1,700
| +23% | +$312K |
|
819
CALL
SM Energy
SM
$7.62B
| $16M | ﹤0.01% |
323,000
| – | – |
|
820
Watsco Inc
WSO
$12.9B
| $15.9M | ﹤0.01% |
32,972
+22,446
| +213% | +$10.3M |
|
821
iShares US Technology ETF
IYW
$25.8B
| $15.9M | ﹤0.01% |
104,589
-12,248
| -10% | -$1.69M |
|
822
Zebra Technologies
ZBRA
$18B
| $15.8M | ﹤0.01% |
51,081
+8,073
| +19% | +$2.45M |
|
823
EQT Corp
EQT
$33.7B
| $15.8M | ﹤0.01% |
409,092
+63,532
| +18% | +$2.49M |
|
824
Lamb Weston
LW
$7.39B
| $15.8M | ﹤0.01% |
184,849
+15,479
| +9% | +$1.32M |
|
825
JB Hunt Transport Services
JBHT
$26.4B
| $15.8M | ﹤0.01% |
97,932
-20,326
| -17% | -$3.41M |
|
Similar funds
Bank of Montreal's Q2 2024 Portfolio in Review
As of Q2 2024, Bank of Montreal held 4,374 positions worth $344B, up 4.4% from $330B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q2 2024 filing shows 545 new, 1,524 increased, 1,340 reduced and 563 closed positions. Its largest new stake was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M. The largest sale was Alibaba, an estimated $1.83B.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, down from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q2 2024 buy was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M.
- Bank of Montreal added most to Snowflake in Q2 2024, an estimated $413M increase.
- Bank of Montreal's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.23B.
- Bank of Montreal fully exited Alibaba in Q2 2024, selling an estimated $1.83B.
- Bank of Montreal's ten largest holdings make up 51% of its $344B portfolio in Q2 2024.
- Bank of Montreal opened 545 new positions and closed 563 in Q2 2024.
- Bank of Montreal's portfolio value rose 4.4% quarter-over-quarter to $344B.
Based on Bank of Montreal's 13F filing for Q2 2024, filed 14 Aug 2024.