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 | |
|---|---|---|---|---|---|---|
1226
iShares Core Dividend Growth ETF
DGRO
$43.9B
| $4.49M | ﹤0.01% |
38,201
+1,462
| +4% | +$81.2K |
|
1227
Meritage Homes
MTH
$4.75B
| $4.49M | ﹤0.01% |
50,554
-1,112
| -2% | -$90K |
|
1228
Tilray
TLRY
$640M
| $4.48M | ﹤0.01% |
181,422
-48,952
| -21% | -$944K |
|
1229
CALL
Zillow
Z
$7.48B
| $4.47M | ﹤0.01% |
88,000
+23,000
| +35% | +$1.25M |
|
1230
Federal Signal
FSS
$7.71B
| $4.46M | ﹤0.01% |
52,341
+13,884
| +36% | +$1.09M |
|
1231
PUT
Caterpillar
CAT
$393B
| $4.45M | ﹤0.01% |
+12,200
| New | +$3.9M |
|
1232
CALL
Zscaler
ZS
$30.4B
| $4.44M | ﹤0.01% |
+23,000
| New | +$5.15M |
|
1233
VF Corp
VFC
$5.73B
| $4.44M | ﹤0.01% |
274,168
-99,868
| -27% | -$1.61M |
|
1234
Synaptics
SYNA
$4.3B
| $4.43M | ﹤0.01% |
41,348
-53,484
| -56% | -$5.62M |
|
|
PDS
1235
CALL
Precision Drilling
PDS
$1.08B
| $4.4M | ﹤0.01% |
+65,100
| New | +$3.93M |
|
1236
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.81B
| $4.38M | ﹤0.01% |
173,337
-14,540
| -8% | -$366K |
|
|
JWN
1237
DELISTED
Nordstrom
JWN
| $4.36M | ﹤0.01% |
214,978
+143,403
| +200% | +$2.71M |
|
1238
DoubleVerify
DV
$2.04B
| $4.36M | ﹤0.01% |
123,868
+87,060
| +237% | +$3.24M |
|
1239
The Ensign Group
ENSG
$10.6B
| $4.35M | ﹤0.01% |
34,912
-2,666
| -7% | -$320K |
|
|
SCHW
1240
PUT
Charles Schwab
SCHW
$190B
| $4.35M | ﹤0.01% |
60,000
-155,000
| -72% | -$10.2M |
|
1241
Sun Communities
SUI
$14.4B
| $4.33M | ﹤0.01% |
32,364
-1,338
| -4% | -$174K |
|
1242
Vanguard Ultra-Short Bond ETF
VUSB
$9.34B
| $4.33M | ﹤0.01% |
87,290
-1,110
| -1% | -$54.9K |
|
1243
Vistra
VST
$49.1B
| $4.29M | ﹤0.01% |
61,444
-25,320
| -29% | -$1.25M |
|
1244
Hexcel
HXL
$7.74B
| $4.29M | ﹤0.01% |
58,541
+4,641
| +9% | +$334K |
|
1245
Lincoln National
LNC
$8.44B
| $4.26M | ﹤0.01% |
132,600
+86,059
| +185% | +$2.38M |
|
1246
Barclays
BCS
$94.4B
| $4.2M | ﹤0.01% |
442,408
+8,511
| +2% | +$69.7K |
|
|
CNR
1247
PUT
Core Natural Resources Inc
CNR
$4.71B
| $4.19M | ﹤0.01% |
+50,000
| New | +$4.46M |
|
1248
iShares ESG MSCI EM Leaders ETF
LDEM
$33.5M
| $4.19M | ﹤0.01% |
95,415
-30,120
| -24% | -$1.3M |
|
1249
Natera
NTRA
$45.5B
| $4.18M | ﹤0.01% |
45,678
+41,979
| +1,135% | +$3.16M |
|
|
CNH
1250
CNH Industrial
CNH
$17.3B
| $4.17M | ﹤0.01% |
321,785
+105,959
| +49% | +$1.28M |
|
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.