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 |
Snowflake
SNOW
|
+$413M |
| 2 |
Microsoft
MSFT
|
+$334M |
| 3 |
ExxonMobil
XOM
|
+$296M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$291M |
| 5 |
Tesla
TSLA
|
+$256M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.83B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.23B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.17B |
| 4 |
NVIDIA
NVDA
|
+$518M |
| 5 |
Mastercard
MA
|
+$482M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.31% |
| 2 | Consumer Discretionary | 19.56% |
| 3 | Technology | 15.19% |
| 4 | Financials | 13.61% |
| 5 | Industrials | 4.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BNT
1426
Brookfield Wealth Solutions
BNT
$12.3B
| $2.93M | ﹤0.01% |
105,672
-854
| -0.8% | -$23.7K |
|
1427
Brunswick
BC
$5.29B
| $2.92M | ﹤0.01% |
40,193
+6,922
| +21% | +$565K |
|
|
XRLV
1428
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $2.92M | ﹤0.01% |
58,312
-7,700
| -12% | -$378K |
|
1429
iShares US Telecommunications ETF
IYZ
$1.24B
| $2.92M | ﹤0.01% |
123,651
+626
| +0.5% | +$13.3K |
|
1430
Iridium Communications
IRDM
$5.27B
| $2.9M | ﹤0.01% |
107,992
-158,181
| -59% | -$4.45M |
|
|
TEF
1431
DELISTED
Telefonica
TEF
| $2.9M | ﹤0.01% |
644,844
-38,111
| -6% | -$168K |
|
1432
Vanguard International High Dividend Yield ETF
VYMI
$21.3B
| $2.9M | ﹤0.01% |
41,247
+810
| +2% | +$56.1K |
|
|
BAND
1433
Bandwidth Inc
BAND
$1.74B
| $2.89M | ﹤0.01% |
168,497
-2,346
| -1% | -$44.3K |
|
1434
Tradeweb Markets
TW
$22.3B
| $2.88M | ﹤0.01% |
27,139
-913
| -3% | -$96.5K |
|
1435
Gold Fields
GFI
$35.4B
| $2.88M | ﹤0.01% |
192,481
-17,141
| -8% | -$278K |
|
1436
Algoma Steel
ASTL
$471M
| $2.87M | ﹤0.01% |
364,422
+6,154
| +2% | +$47.5K |
|
1437
Matador Resources
MTDR
$6.39B
| $2.87M | ﹤0.01% |
45,251
-155
| -0.3% | -$9.73K |
|
1438
Ares Management
ARES
$33.7B
| $2.87M | ﹤0.01% |
21,169
-15,431
| -42% | -$2.11M |
|
1439
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $2.87M | ﹤0.01% |
48,428
+28,066
| +138% | +$1.61M |
|
1440
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $2.86M | ﹤0.01% |
284,878
+24,932
| +10% | +$268K |
|
1441
PUT
Boeing
BA
$182B
| $2.85M | ﹤0.01% |
15,600
+5,000
| +47% | +$891K |
|
1442
Federal Agricultural Mortgage
AGM
$2.51B
| $2.85M | ﹤0.01% |
15,745
+212
| +1% | +$38.3K |
|
1443
Owens Corning
OC
$12.3B
| $2.84M | ﹤0.01% |
16,328
-7,425
| -31% | -$1.29M |
|
1444
Fabrinet
FN
$20.3B
| $2.84M | ﹤0.01% |
11,400
-157
| -1% | -$33.3K |
|
1445
CALL
Rivian
RIVN
$22.9B
| $2.84M | ﹤0.01% |
142,500
| – | – |
|
1446
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.31B
| $2.83M | ﹤0.01% |
130,811
+118,900
| +998% | +$2.58M |
|
|
MPT
1447
PUT
Medical Properties Trust
MPT
$2.51B
| $2.82M | ﹤0.01% |
596,300
+337,500
| +130% | +$1.62M |
|
1448
KB Home
KBH
$3.45B
| $2.81M | ﹤0.01% |
39,891
-1,676
| -4% | -$114K |
|
1449
Element Solutions
ESI
$9.51B
| $2.8M | ﹤0.01% |
103,136
+81,302
| +372% | +$2M |
|
1450
News Corp Class B
NWS
$17.8B
| $2.79M | ﹤0.01% |
97,017
+12,857
| +15% | +$342K |
|
Similar funds
Bank of Montreal's Q2 2024 Portfolio in Review
As of Q2 2024, Bank of Montreal held 4,374 positions worth $344B, up 4.4% from $330B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q2 2024 filing shows 545 new, 1,524 increased, 1,340 reduced and 563 closed positions. Its largest new stake was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M. The largest sale was Alibaba, an estimated $1.83B.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, down from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q2 2024 buy was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M.
- Bank of Montreal added most to Snowflake in Q2 2024, an estimated $413M increase.
- Bank of Montreal's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.23B.
- Bank of Montreal fully exited Alibaba in Q2 2024, selling an estimated $1.83B.
- Bank of Montreal's ten largest holdings make up 51% of its $344B portfolio in Q2 2024.
- Bank of Montreal opened 545 new positions and closed 563 in Q2 2024.
- Bank of Montreal's portfolio value rose 4.4% quarter-over-quarter to $344B.
Based on Bank of Montreal's 13F filing for Q2 2024, filed 14 Aug 2024.