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 | |
|---|---|---|---|---|---|---|
826
Harley-Davidson
HOG
$2.87B
| $15.7M | ﹤0.01% |
468,618
-12,087
| -3% | -$439K |
|
827
Amdocs
DOX
$6.13B
| $15.6M | ﹤0.01% |
191,023
-11,889
| -6% | -$977K |
|
828
Sprouts Farmers Market
SFM
$7.68B
| $15.6M | ﹤0.01% |
186,444
+2,104
| +1% | +$153K |
|
829
Pinnacle West Capital
PNW
$12.2B
| $15.6M | ﹤0.01% |
203,390
+22,696
| +13% | +$1.71M |
|
830
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.12B
| $15.5M | ﹤0.01% |
541,407
+448,415
| +482% | +$12.8M |
|
831
Prudential
PUK
$34.4B
| $15.4M | ﹤0.01% |
795,969
+103,625
| +15% | +$1.95M |
|
832
A.O. Smith
AOS
$8.45B
| $15.4M | ﹤0.01% |
185,768
+50,798
| +38% | +$4.3M |
|
833
Bio-Techne
TECH
$11.2B
| $15.2M | ﹤0.01% |
207,544
-3,495
| -2% | -$257K |
|
834
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $15.2M | ﹤0.01% |
321,557
+4,892
| +2% | +$236K |
|
835
Advanced Energy
AEIS
$13.6B
| $15.1M | ﹤0.01% |
138,748
-812
| -0.6% | -$83.1K |
|
836
PUT
Canadian Natural Resources
CNQ
$97.6B
| $15.1M | ﹤0.01% |
420,000
-575,200
| -58% | -$21.6M |
|
837
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.48B
| $15.1M | ﹤0.01% |
319,244
+269,496
| +542% | +$12.7M |
|
|
BBU
838
DELISTED
Brookfield Business Partners
BBU
| $15M | ﹤0.01% |
767,726
+22,886
| +3% | +$439K |
|
839
Deutsche Bank
DB
$71.9B
| $15M | ﹤0.01% |
918,022
+44,130
| +5% | +$722K |
|
840
Stanley Black & Decker
SWK
$15.4B
| $15M | ﹤0.01% |
181,512
-85,888
| -32% | -$7.56M |
|
841
Teledyne Technologies
TDY
$31.2B
| $14.9M | ﹤0.01% |
38,115
+4,731
| +14% | +$1.87M |
|
842
Viatris
VTRS
$18.7B
| $14.9M | ﹤0.01% |
1,395,829
+52,834
| +4% | +$584K |
|
843
Webster Financial
WBS
$12.8B
| $14.8M | ﹤0.01% |
339,246
+317,814
| +1,483% | +$14.2M |
|
844
Booz Allen Hamilton
BAH
$9.37B
| $14.8M | ﹤0.01% |
93,893
-124,861
| -57% | -$18.7M |
|
845
PUT
Delta Air Lines
DAL
$60.3B
| $14.8M | ﹤0.01% |
300,000
+100,000
| +50% | +$4.98M |
|
846
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $14.7M | ﹤0.01% |
285,918
-15,480
| -5% | -$788K |
|
847
Norwegian Cruise Line
NCLH
$8.82B
| $14.7M | ﹤0.01% |
783,772
-326,603
| -29% | -$5.73M |
|
848
Wendy's
WEN
$1.63B
| $14.7M | ﹤0.01% |
866,878
+746,376
| +619% | +$13.6M |
|
849
Vanguard Real Estate ETF
VNQ
$39B
| $14.6M | ﹤0.01% |
173,643
+2,181
| +1% | +$180K |
|
850
Ero Copper
ERO
$3.6B
| $14.5M | ﹤0.01% |
660,763
+246,024
| +59% | +$5.16M |
|
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.