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 | |
|---|---|---|---|---|---|---|
876
Allegion
ALLE
$14.2B
| $13.6M | 0.01% |
94,938
-65,508
| -41% | -$8.67M |
|
877
United Therapeutics
UTHR
$21.5B
| $13.6M | 0.01% |
38,013
-4,935
| -11% | -$1.67M |
|
878
Host Hotels & Resorts
HST
$15.6B
| $13.6M | 0.01% |
750,002
-22,687
| -3% | -$394K |
|
879
Sea Limited
SE
$75.5B
| $13.6M | 0.01% |
144,111
+5,648
| +4% | +$426K |
|
|
NVEI
880
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $13.6M | 0.01% |
408,076
-99,043
| -20% | -$3.27M |
|
881
Atlassian
TEAM
$42.1B
| $13.6M | 0.01% |
84,262
-185,755
| -69% | -$30.6M |
|
882
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $13.6M | 0.01% |
252,062
-662,121
| -72% | -$33.8M |
|
883
PUT
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $13.5M | 0.01% |
300,000
-1,994,600
| -87% | -$87M |
|
884
CALL
Canadian Natural Resources
CNQ
$98.1B
| $13.5M | 0.01% |
407,800
+159,900
| +65% | +$5.57M |
|
|
B
885
CALL
Barrick Mining
B
$67.3B
| $13.4M | 0.01% |
662,800
+6,800
| +1% | +$130K |
|
886
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.28B
| $13.2M | 0.01% |
305,481
-474,784
| -61% | -$18.7M |
|
887
Generac Holdings
GNRC
$12.8B
| $13.2M | 0.01% |
85,136
-12,481
| -13% | -$1.85M |
|
888
Rapid7
RPD
$929M
| $13.2M | 0.01% |
352,199
-226,769
| -39% | -$8.52M |
|
889
PUT
Enbridge
ENB
$112B
| $13.1M | 0.01% |
322,700
| – | – |
|
890
PUT
IBM
IBM
$223B
| $13.1M | 0.01% |
59,300
-700
| -1% | -$137K |
|
891
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $13.1M | 0.01% |
391,250
-61,434
| -14% | -$1.98M |
|
892
ANI Pharmaceuticals
ANIP
$1.72B
| $13M | 0.01% |
+221,896
| New | +$13.5M |
|
893
GSK
GSK
$101B
| $13M | 0.01% |
320,239
-10,413
| -3% | -$426K |
|
894
Hasbro
HAS
$13.6B
| $12.9M | 0.01% |
179,590
-7,624
| -4% | -$495K |
|
895
Valvoline
VVV
$4.31B
| $12.9M | 0.01% |
308,699
+251,398
| +439% | +$10.7M |
|
896
Qorvo
QRVO
$8.68B
| $12.9M | 0.01% |
124,514
+33,281
| +36% | +$3.74M |
|
897
CALL
SM Energy
SM
$7.71B
| $12.9M | 0.01% |
323,000
| – | – |
|
898
iShares Russell Mid-Cap Value ETF
IWS
$16.1B
| $12.8M | 0.01% |
97,268
+389
| +0.4% | +$49.2K |
|
899
Incyte
INCY
$24.4B
| $12.8M | 0.01% |
194,736
-23,150
| -11% | -$1.48M |
|
900
Teleflex
TFX
$5.82B
| $12.8M | 0.01% |
51,696
-4,432
| -8% | -$1.03M |
|
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.