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 | |
|---|---|---|---|---|---|---|
1001
ING
ING
$102B
| $8.25M | ﹤0.01% |
499,885
+12,733
| +3% | +$182K |
|
|
CFLT
1002
DELISTED
Confluent
CFLT
| $8.21M | ﹤0.01% |
267,743
+83,137
| +45% | +$2.35M |
|
1003
Ovintiv
OVV
$17.2B
| $8.17M | ﹤0.01% |
158,484
-159,000
| -50% | -$7.24M |
|
|
HDV
1004
iShares Core High Dividend ETF
HDV
$15.1B
| $8.14M | ﹤0.01% |
369,100
+12,170
| +3% | +$256K |
|
1005
State Street Materials Select Sector SPDR ETF
XLB
$8.57B
| $8.13M | ﹤0.01% |
174,906
+454
| +0.3% | +$19.5K |
|
1006
Vanguard FTSE Europe ETF
VGK
$31.1B
| $8.13M | ﹤0.01% |
120,497
-94,418
| -44% | -$6.11M |
|
1007
Primerica
PRI
$9.62B
| $8.13M | ﹤0.01% |
31,758
+5,059
| +19% | +$1.2M |
|
1008
Caesars Entertainment
CZR
$6.04B
| $8.09M | ﹤0.01% |
184,445
-482,574
| -72% | -$20.9M |
|
1009
PUT
Old Dominion Freight Line
ODFL
$44.7B
| $8.08M | ﹤0.01% |
+18,200
| New | +$3.8M |
|
1010
Grupo Aeroportuario del Sureste
ASR
$8.01B
| $8.08M | ﹤0.01% |
25,268
+16,214
| +179% | +$4.78M |
|
1011
PUT
VF Corp
VFC
$5.79B
| $8.08M | ﹤0.01% |
+499,000
| New | +$8.03M |
|
1012
FMC
FMC
$1.27B
| $8.05M | ﹤0.01% |
126,086
-344,691
| -73% | -$20.1M |
|
1013
PUT
SoFi Technologies
SOFI
$23.8B
| $8.05M | ﹤0.01% |
1,102,500
-207,100
| -16% | -$1.64M |
|
1014
CALL
Telus
TU
$15.2B
| $7.98M | ﹤0.01% |
500,000
-515,000
| -51% | -$9.01M |
|
1015
iShares TIPS Bond ETF
TIP
$14.7B
| $7.95M | ﹤0.01% |
73,994
-12,238
| -14% | -$1.31M |
|
1016
Woodward
WWD
$21.2B
| $7.93M | ﹤0.01% |
51,079
+3,146
| +7% | +$443K |
|
1017
Regency Centers
REG
$14.1B
| $7.91M | ﹤0.01% |
130,541
-6,133
| -4% | -$380K |
|
1018
CALL
Fortis
FTS
$28.8B
| $7.9M | ﹤0.01% |
+200,000
| New | +$7.96M |
|
1019
Ero Copper
ERO
$3.58B
| $7.89M | ﹤0.01% |
414,739
-192,038
| -32% | -$3.17M |
|
1020
Genpact
G
$5.78B
| $7.87M | ﹤0.01% |
237,200
+220,712
| +1,339% | +$7.67M |
|
1021
Iridium Communications
IRDM
$5.27B
| $7.87M | ﹤0.01% |
266,173
+53,847
| +25% | +$1.75M |
|
1022
Marathon Digital Holdings
MARA
$3.56B
| $7.86M | ﹤0.01% |
347,755
+333,315
| +2,308% | +$7.28M |
|
1023
Assurant
AIZ
$13.9B
| $7.85M | ﹤0.01% |
41,512
-117,547
| -74% | -$20.5M |
|
|
SAND
1024
DELISTED
Sandstorm Gold
SAND
| $7.84M | ﹤0.01% |
1,519,034
+68,326
| +5% | +$316K |
|
1025
Dick's Sporting Goods
DKS
$18.1B
| $7.83M | ﹤0.01% |
34,833
-631
| -2% | -$108K |
|
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.