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 | |
|---|---|---|---|---|---|---|
1401
New Jersey Resources
NJR
$5.64B
| $2.83M | ﹤0.01% |
65,740
-7,450
| -10% | -$314K |
|
|
DFUS
1402
Dimensional US Equity ETF
DFUS
$21.8B
| $2.82M | ﹤0.01% |
49,401
+136
| +0.3% | +$7.36K |
|
1403
Nomad Foods
NOMD
$1.62B
| $2.82M | ﹤0.01% |
+143,548
| New | +$2.64M |
|
|
CVSA
1404
Covista Inc
CVSA
$4.49B
| $2.81M | ﹤0.01% |
54,163
+619
| +1% | +$32.3K |
|
1405
indie Semiconductor
INDI
$864M
| $2.8M | ﹤0.01% |
+395,001
| New | +$2.68M |
|
1406
PUT
Lightspeed Commerce
LSPD
$1.39B
| $2.8M | ﹤0.01% |
+200,000
| New | +$3.17M |
|
1407
Vanguard International High Dividend Yield ETF
VYMI
$21.3B
| $2.78M | ﹤0.01% |
40,437
-4,146
| -9% | -$276K |
|
1408
Liberty Media Series A
FWONA
$24B
| $2.77M | ﹤0.01% |
46,223
+45,216
| +4,490% | +$2.73M |
|
|
EFXT
1409
Enerflex
EFXT
$2.69B
| $2.77M | ﹤0.01% |
467,287
+12,381
| +3% | +$66.2K |
|
1410
Kinsale Capital Group
KNSL
$8.53B
| $2.76M | ﹤0.01% |
5,195
-1,048
| -17% | -$473K |
|
1411
British American Tobacco
BTI
$122B
| $2.75M | ﹤0.01% |
90,185
+1,512
| +2% | +$45.5K |
|
1412
Emcor
EME
$37B
| $2.74M | ﹤0.01% |
7,799
+133
| +2% | +$35.7K |
|
1413
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $2.73M | ﹤0.01% |
16,100
| – | – |
|
|
B
1414
CALL
Barrick Mining
B
$68.3B
| $2.73M | ﹤0.01% |
167,900
+72,000
| +75% | +$1.13M |
|
1415
Summit Therapeutics
SMMT
$10.6B
| $2.72M | ﹤0.01% |
589,566
+563,266
| +2,142% | +$2.24M |
|
1416
CNO Financial Group
CNO
$5.1B
| $2.72M | ﹤0.01% |
98,752
+71,281
| +259% | +$1.93M |
|
1417
Petrobras
PBR
$116B
| $2.71M | ﹤0.01% |
178,122
+5,673
| +3% | +$92.3K |
|
1418
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.12B
| $2.7M | ﹤0.01% |
92,992
+17,062
| +22% | +$492K |
|
1419
Ryman Hospitality Properties
RHP
$7.98B
| $2.69M | ﹤0.01% |
23,130
-1,208
| -5% | -$139K |
|
1420
PIMCO RAFI Multi-Factor International Equity ETF
MFDX
$471M
| $2.69M | ﹤0.01% |
+87,612
| New | +$2.58M |
|
1421
Telkom Indonesia
TLK
$14.6B
| $2.68M | ﹤0.01% |
117,595
+457
| +0.4% | +$11.6K |
|
1422
ITT
ITT
$19.5B
| $2.68M | ﹤0.01% |
19,466
+863
| +5% | +$107K |
|
1423
Snap
SNAP
$9.23B
| $2.67M | ﹤0.01% |
181,265
+40,861
| +29% | +$548K |
|
1424
PUT
Madison Square Garden
MSGS
$9.98B
| $2.66M | ﹤0.01% |
14,400
| – | – |
|
1425
Columbia India Consumer ETF
INCO
$238M
| $2.66M | ﹤0.01% |
+41,487
| New | +$2.54M |
|
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.