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 | Communication Services | 7.69% |
| 4 | Industrials | 6.63% |
| 5 | Consumer Discretionary | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1701
Futu Holdings
FUTU
$14.6B
| $1.56M | ﹤0.01% |
18,233
-29,385
| -62% | -$1.87M |
|
1702
Kite Realty
KRG
$5.31B
| $1.56M | ﹤0.01% |
59,494
-162,195
| -73% | -$4.03M |
|
|
ANSS
1703
CALL
DELISTED
Ansys
ANSS
| $1.56M | ﹤0.01% |
+4,800
| New | +$1.53M |
|
1704
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $1.56M | ﹤0.01% |
83,305
-57,606
| -41% | -$913K |
|
1705
Forum Energy Technologies
FET
$960M
| $1.56M | ﹤0.01% |
+97,733
| New | +$1.62M |
|
|
EFC
1706
Ellington Financial
EFC
$1.77B
| $1.55M | ﹤0.01% |
+119,255
| New | +$1.54M |
|
1707
MDU Resources
MDU
$4.35B
| $1.55M | ﹤0.01% |
102,084
+20,763
| +26% | +$296K |
|
1708
Chesapeake Utilities
CPK
$3.26B
| $1.55M | ﹤0.01% |
12,567
-638
| -5% | -$74.5K |
|
1709
Sprott Uranium Miners ETF
URNM
$2.01B
| $1.54M | ﹤0.01% |
32,991
-1,294
| -4% | -$56.9K |
|
1710
BellRing Brands
BRBR
$1.27B
| $1.53M | ﹤0.01% |
25,096
+3,663
| +17% | +$203K |
|
1711
Lumen
LUMN
$6.66B
| $1.53M | ﹤0.01% |
210,111
-7,273
| -3% | -$31.1K |
|
1712
Donnelley Financial Solutions
DFIN
$1.19B
| $1.52M | ﹤0.01% |
23,190
-3,184
| -12% | -$207K |
|
|
KEEL
1713
Keel Infrastructure Corp
KEEL
$2.09B
| $1.52M | ﹤0.01% |
676,465
+640,197
| +1,765% | +$1.48M |
|
|
TBIL
1714
F/m US Treasury 3 Month Bill Fund
TBIL
$7.24B
| $1.51M | ﹤0.01% |
30,158
+29,300
| +3,415% | +$1.46M |
|
1715
Nuveen Floating Rate Income Fund
JFR
$1.24B
| $1.51M | ﹤0.01% |
173,267
| – | – |
|
1716
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.96B
| $1.51M | ﹤0.01% |
33,699
-693
| -2% | -$30K |
|
1717
PUT
American Airlines Group
AAL
$9.9B
| $1.5M | ﹤0.01% |
130,000
+86,500
| +199% | +$915K |
|
1718
Vanguard S&P 500 Value ETF
VOOV
$6.81B
| $1.5M | ﹤0.01% |
7,886
| – | – |
|
1719
PUT
Cigna
CI
$74.4B
| $1.5M | ﹤0.01% |
4,300
| – | – |
|
1720
iShares MSCI China ETF
MCHI
$6.16B
| $1.49M | ﹤0.01% |
29,183
+29,001
| +15,935% | +$1.23M |
|
1721
Arcosa
ACA
$7.14B
| $1.49M | ﹤0.01% |
15,728
+8,523
| +118% | +$744K |
|
1722
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$16.1B
| $1.48M | ﹤0.01% |
13,184
+1,096
| +9% | +$119K |
|
1723
CALL
Advance Auto Parts
AAP
$3.41B
| $1.48M | ﹤0.01% |
+35,800
| New | +$1.9M |
|
1724
Dimensional World Equity ETF
DFAW
$1.65B
| $1.48M | ﹤0.01% |
23,347
+16,357
| +234% | +$998K |
|
1725
Lantheus
LNTH
$6.59B
| $1.48M | ﹤0.01% |
13,787
+5,751
| +72% | +$597K |
|
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 506 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 Communication Services.
- 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 506 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.