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 | |
|---|---|---|---|---|---|---|
1376
monday.com
MNDY
$3.99B
| $2.98M | ﹤0.01% |
13,137
+6,862
| +109% | +$1.46M |
|
1377
Sumitomo Mitsui Financial
SMFG
$167B
| $2.96M | ﹤0.01% |
249,796
+10,708
| +4% | +$115K |
|
1378
WIX.com
WIX
$3.35B
| $2.96M | ﹤0.01% |
21,247
+1,552
| +8% | +$204K |
|
1379
Crown Holdings
CCK
$13.1B
| $2.95M | ﹤0.01% |
37,246
-17,690
| -32% | -$1.45M |
|
1380
Houlihan Lokey
HLI
$9.24B
| $2.95M | ﹤0.01% |
23,007
+806
| +4% | +$99.7K |
|
1381
KB Home
KBH
$3.45B
| $2.95M | ﹤0.01% |
41,567
-10,067
| -19% | -$642K |
|
1382
Tradeweb Markets
TW
$21.9B
| $2.92M | ﹤0.01% |
28,052
+53
| +0.2% | +$5.33K |
|
1383
Sabesp
SBS
$16.5B
| $2.92M | ﹤0.01% |
892,553
+23,184
| +3% | +$70.8K |
|
1384
iShares MSCI Malaysia ETF
EWM
$332M
| $2.91M | ﹤0.01% |
133,526
-17,178
| -11% | -$369K |
|
1385
Timken Company
TKR
$9.03B
| $2.91M | ﹤0.01% |
33,114
+7,381
| +29% | +$609K |
|
|
BLD
1386
DELISTED
TopBuild
BLD
| $2.9M | ﹤0.01% |
6,566
-6,661
| -50% | -$2.61M |
|
1387
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $2.9M | ﹤0.01% |
21,971
+9,771
| +80% | +$1.23M |
|
1388
iShares US Telecommunications ETF
IYZ
$1.24B
| $2.9M | ﹤0.01% |
123,025
+15,097
| +14% | +$339K |
|
1389
NovaGold Resources
NG
$3.4B
| $2.9M | ﹤0.01% |
966,630
+39,051
| +4% | +$110K |
|
|
CHX
1390
DELISTED
ChampionX
CHX
| $2.89M | ﹤0.01% |
80,167
+9,518
| +13% | +$285K |
|
1391
Ally Financial
ALLY
$13.6B
| $2.88M | ﹤0.01% |
70,773
-307,684
| -81% | -$11.2M |
|
1392
Coca-Cola Femsa
KOF
$23.1B
| $2.87M | ﹤0.01% |
+29,488
| New | +$2.82M |
|
|
JAMF
1393
DELISTED
Jamf
JAMF
| $2.87M | ﹤0.01% |
155,719
-4,122
| -3% | -$77.3K |
|
1394
ScottsMiracle-Gro
SMG
$3.62B
| $2.86M | ﹤0.01% |
38,235
+2,795
| +8% | +$174K |
|
1395
Huazhu Hotels Group
HTHT
$12.5B
| $2.85M | ﹤0.01% |
73,689
| – | – |
|
1396
Rentokil
RTO
$12.1B
| $2.85M | ﹤0.01% |
94,526
+11,675
| +14% | +$324K |
|
|
BLDP
1397
Ballard Power Systems
BLDP
$790M
| $2.85M | ﹤0.01% |
991,765
+42,797
| +5% | +$135K |
|
1398
Southwest Gas
SWX
$6.67B
| $2.84M | ﹤0.01% |
37,288
-1,501
| -4% | -$97.3K |
|
1399
CALL
Rivian
RIVN
$22.9B
| $2.84M | ﹤0.01% |
142,500
+101,300
| +246% | +$1.46M |
|
1400
CubeSmart
CUBE
$9.28B
| $2.83M | ﹤0.01% |
62,055
-2,782
| -4% | -$123K |
|
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.