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 |
NVIDIA
NVDA
|
+$1.87B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 3 |
Mastercard
MA
|
+$914M |
| 4 |
CrowdStrike
CRWD
|
+$860M |
| 5 |
ServiceNow
NOW
|
+$769M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$645M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$566M |
| 3 |
Royal Bank of Canada
RY
|
+$545M |
| 4 |
Snowflake
SNOW
|
+$486M |
| 5 |
Microsoft
MSFT
|
+$445M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.58% |
| 2 | Technology | 19.56% |
| 3 | Miscellaneous | 16.04% |
| 4 | Communication Services | 7.69% |
| 5 | Industrials | 6.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1526
GATX Corp
GATX
$5.96B
| $2.33M | ﹤0.01% |
17,510
-369
| -2% | -$50.7K |
2013 Q2
45 quarters
|
|
1527
Tronox
TROX
$610M
| $2.33M | ﹤0.01% |
160,929
+93,893
| +140% | +$1.34M |
2015 Q4
35 quarters
|
|
1528
CALL
Bristol-Myers Squibb
BMY
$126B
| $2.32M | ﹤0.01% |
+45,600
| New | +$2.14M |
2024 Q3
0 quarters
|
|
1529
PUT
Shopify
SHOP
$192B
| $2.31M | ﹤0.01% |
29,200
+13,300
| +84% | +$919K |
2022 Q3
8 quarters
|
|
|
CGC
1530
CALL
Canopy Growth
CGC
$373M
| $2.3M | ﹤0.01% |
500,000
| – | – |
2024 Q1
2 quarters
|
|
1531
Global X MSCI Argentina ETF
ARGT
$706M
| $2.28M | ﹤0.01% |
33,786
-1,023
| -3% | -$62.9K |
2023 Q4
3 quarters
|
|
1532
Wendy's
WEN
$1.19B
| $2.28M | ﹤0.01% |
127,887
-738,991
| -85% | -$12.6M |
2013 Q2
45 quarters
|
|
1533
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.25B
| $2.27M | ﹤0.01% |
10,744
-175
| -2% | -$35.1K |
2013 Q2
45 quarters
|
|
1534
American Airlines Group
AAL
$8.69B
| $2.27M | ﹤0.01% |
196,371
-516,520
| -72% | -$5.46M |
2013 Q4
43 quarters
|
|
1535
Murphy Oil
MUR
$5.37B
| $2.27M | ﹤0.01% |
67,246
+14,181
| +27% | +$536K |
2013 Q2
45 quarters
|
|
1536
Idacorp
IDA
$7.63B
| $2.27M | ﹤0.01% |
21,970
+3,453
| +19% | +$345K |
2013 Q2
45 quarters
|
|
1537
XPEL
XPEL
$1.23B
| $2.27M | ﹤0.01% |
52,032
+3,899
| +8% | +$157K |
2021 Q3
12 quarters
|
|
1538
Lamar Advertising Co
LAMR
$14.6B
| $2.26M | ﹤0.01% |
16,965
-432
| -2% | -$52.8K |
2013 Q2
45 quarters
|
|
|
X
1539
DELISTED
US Steel
X
| $2.25M | ﹤0.01% |
63,203
+9,112
| +17% | +$347K |
2013 Q2
45 quarters
|
|
|
SKE
1540
Skeena Resources
SKE
$3.74B
| $2.25M | ﹤0.01% |
263,173
-50,012
| -16% | -$362K |
2021 Q4
11 quarters
|
|
1541
PIMCO Dynamic Income Fund
PDI
$6.74B
| $2.24M | ﹤0.01% |
128,886
+14,153
| +12% | +$271K |
2015 Q1
38 quarters
|
|
1542
Spire
SR
$4.52B
| $2.24M | ﹤0.01% |
33,366
-799
| -2% | -$51.9K |
2013 Q2
45 quarters
|
|
|
IBDP
1543
DELISTED
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
| $2.24M | ﹤0.01% |
+88,900
| New | +$2.23M |
2024 Q3
0 quarters
|
|
1544
Invesco S&P 500 Low Volatility ETF
SPLV
$7B
| $2.24M | ﹤0.01% |
31,267
-277,905
| -90% | -$19.1M |
2013 Q2
45 quarters
|
|
1545
Tencent Music
TME
$12.7B
| $2.23M | ﹤0.01% |
181,991
+84,161
| +86% | +$1.03M |
2024 Q1
2 quarters
|
|
1546
Old Republic International
ORI
$9.05B
| $2.23M | ﹤0.01% |
63,083
+16,744
| +36% | +$567K |
2013 Q2
45 quarters
|
|
1547
Rentokil
RTO
$9.96B
| $2.23M | ﹤0.01% |
86,947
-11,940
| -12% | -$354K |
2022 Q4
7 quarters
|
|
1548
Thor Industries
THO
$3.56B
| $2.23M | ﹤0.01% |
20,245
-435
| -2% | -$44.2K |
2013 Q2
45 quarters
|
|
|
MPT
1549
Medical Properties Trust
MPT
$2.01B
| $2.22M | ﹤0.01% |
373,552
-4,137
| -1% | -$20.4K |
2013 Q2
45 quarters
|
|
1550
Saic
SAIC
$5.29B
| $2.21M | ﹤0.01% |
16,042
+8,617
| +116% | +$1.09M |
2013 Q4
43 quarters
|
|
Similar funds
Bank of Montreal's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of Montreal held 4,369 positions worth $227B, down 34% from $344B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal's Q3 2024 filing shows 505 new, 1,334 increased, 1,473 reduced and 547 closed positions. Its largest new stake was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M. The largest sale was Tesla, an estimated $645M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 14% a quarter earlier, followed by Technology and Miscellaneous.
- Bank of Montreal's largest Q3 2024 buy was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M.
- Bank of Montreal added most to NVIDIA in Q3 2024, an estimated $1.87B increase.
- Bank of Montreal's biggest Q3 2024 reduction was Tesla, cutting an estimated $645M.
- Bank of Montreal fully exited TE Connectivity in Q3 2024, selling an estimated $175M.
- Bank of Montreal's ten largest holdings make up 26% of its $227B portfolio in Q3 2024.
- Bank of Montreal opened 505 new positions and closed 547 in Q3 2024.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $227B.
Based on Bank of Montreal's 13F filing for Q3 2024, filed 13 Nov 2024.