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 | |
|---|---|---|---|---|---|---|
|
APLS
1026
DELISTED
Apellis Pharmaceuticals
APLS
| $7.83M | ﹤0.01% |
132,937
-336,947
| -72% | -$21.5M |
|
1027
Corebridge Financial
CRBG
$15.3B
| $7.78M | ﹤0.01% |
+270,784
| New | +$6.69M |
|
1028
CALL
Intel
INTC
$527B
| $7.78M | ﹤0.01% |
162,800
-355,300
| -69% | -$15.8M |
|
1029
Alliant Energy
LNT
$18.2B
| $7.78M | ﹤0.01% |
154,183
-64,384
| -29% | -$3.16M |
|
1030
Vermilion Energy
VET
$1.72B
| $7.77M | ﹤0.01% |
619,779
-172,339
| -22% | -$1.93M |
|
|
SGI
1031
Somnigroup International
SGI
$14B
| $7.73M | ﹤0.01% |
135,939
-37,703
| -22% | -$1.96M |
|
1032
CALL
RTX Corp
RTX
$297B
| $7.73M | ﹤0.01% |
+79,300
| New | +$7.16M |
|
1033
Logitech
LOGI
$15B
| $7.7M | ﹤0.01% |
85,768
-248,594
| -74% | -$22.2M |
|
1034
iShares Global Tech ETF
IXN
$9.47B
| $7.67M | ﹤0.01% |
101,638
-5,709
| -5% | -$410K |
|
1035
CALL
Canadian Natural Resources
CNQ
$98.1B
| $7.61M | ﹤0.01% |
200,000
-1,200,000
| -86% | -$40.1M |
|
1036
CALL
DoorDash
DASH
$93.7B
| $7.6M | ﹤0.01% |
+55,000
| New | +$6.48M |
|
|
PENG
1037
Penguin Solutions Inc
PENG
$3.12B
| $7.55M | ﹤0.01% |
284,052
-10,834
| -4% | -$237K |
|
1038
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $7.55M | ﹤0.01% |
150,000
| – | – |
|
1039
Appian
APPN
$2.65B
| $7.48M | ﹤0.01% |
183,749
-238,502
| -56% | -$8.27M |
|
|
BORR
1040
Borr Drilling
BORR
$1.25B
| $7.45M | ﹤0.01% |
+1,100,002
| New | +$7.21M |
|
1041
News Corp Class A
NWSA
$15.6B
| $7.44M | ﹤0.01% |
283,332
-84,228
| -23% | -$2.14M |
|
1042
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.88B
| $7.43M | ﹤0.01% |
261,438
-3,274
| -1% | -$89.3K |
|
1043
SS&C Technologies
SSNC
$19.3B
| $7.43M | ﹤0.01% |
114,856
-1,608
| -1% | -$99.9K |
|
1044
Vanguard Russell 1000 Value ETF
VONV
$22B
| $7.4M | ﹤0.01% |
94,453
+87,300
| +1,220% | +$6.48M |
|
1045
iShares Core S&P US Growth ETF
IUSG
$34B
| $7.37M | ﹤0.01% |
62,730
+1,202
| +2% | +$134K |
|
1046
iShares Global Energy ETF
IXC
$2.74B
| $7.33M | ﹤0.01% |
171,864
-12,679
| -7% | -$502K |
|
1047
StoneCo
STNE
$2.49B
| $7.3M | ﹤0.01% |
436,478
+5,098
| +1% | +$87.4K |
|
1048
John Wiley & Sons Class A
WLY
$2.63B
| $7.26M | ﹤0.01% |
+188,980
| New | +$6.47M |
|
1049
Ferguson
FERG
$48B
| $7.26M | ﹤0.01% |
33,169
+4,960
| +18% | +$988K |
|
|
NWLI
1050
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $7.2M | ﹤0.01% |
14,640
+7,164
| +96% | +$3.47M |
|
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.