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 | |
|---|---|---|---|---|---|---|
1776
NNN REIT
NNN
$8.83B
| $1.32M | ﹤0.01% |
30,802
-4,122
| -12% | -$172K |
|
1777
Yeti Holdings
YETI
$3.38B
| $1.32M | ﹤0.01% |
34,079
-6,857
| -17% | -$290K |
|
|
SPWR
1778
DELISTED
SunPower Corporation Common Stock
SPWR
| $1.32M | ﹤0.01% |
438,100
+394,494
| +905% | +$1.3M |
|
1779
Mirum Pharmaceuticals
MIRM
$6.14B
| $1.32M | ﹤0.01% |
45,272
-4,519
| -9% | -$124K |
|
1780
MGIC Investment
MTG
$6.39B
| $1.32M | ﹤0.01% |
58,780
+179
| +0.3% | +$3.57K |
|
1781
JPMorgan BetaBuilders Canada ETF
BBCA
$11.4B
| $1.31M | ﹤0.01% |
19,652
+11,165
| +132% | +$719K |
|
1782
Exelixis
EXEL
$12.7B
| $1.31M | ﹤0.01% |
55,260
+15,534
| +39% | +$345K |
|
1783
Mine Safety
MSA
$7.3B
| $1.31M | ﹤0.01% |
6,736
+53
| +0.8% | +$9.32K |
|
1784
Antero Resources
AR
$11.5B
| $1.31M | ﹤0.01% |
44,980
-9,484
| -17% | -$229K |
|
1785
PUT
Ford
F
$57.3B
| $1.31M | ﹤0.01% |
100,000
| – | – |
|
1786
POSCO
PKX
$17.7B
| $1.31M | ﹤0.01% |
16,220
-256
| -2% | -$21.1K |
|
1787
Harbor International Compounders ETF
OSEA
$492M
| $1.3M | ﹤0.01% |
47,212
+35,706
| +310% | +$948K |
|
1788
Nuveen Floating Rate Income Fund
JFR
$1.23B
| $1.3M | ﹤0.01% |
139,032
| – | – |
|
1789
Warrior Met Coal
HCC
$5.19B
| $1.3M | ﹤0.01% |
21,236
+530
| +3% | +$32.1K |
|
|
MORF
1790
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $1.3M | ﹤0.01% |
+36,654
| New | +$1.23M |
|
1791
TransUnion
TRU
$15.4B
| $1.29M | ﹤0.01% |
16,070
-10,672
| -40% | -$782K |
|
1792
Tennant Co
TNC
$1.17B
| $1.28M | ﹤0.01% |
10,487
+6,590
| +169% | +$673K |
|
1793
IonQ
IONQ
$18.7B
| $1.28M | ﹤0.01% |
128,316
+984
| +0.8% | +$10.5K |
|
1794
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$16.1B
| $1.28M | ﹤0.01% |
12,341
-1,197
| -9% | -$118K |
|
1795
Assured Guaranty
AGO
$3.38B
| $1.28M | ﹤0.01% |
14,698
+190
| +1% | +$16K |
|
1796
OneMain Financial
OMF
$7.56B
| $1.28M | ﹤0.01% |
25,060
-165
| -0.7% | -$7.88K |
|
1797
Glaukos
GKOS
$10.9B
| $1.28M | ﹤0.01% |
13,581
+5,093
| +60% | +$455K |
|
1798
Lattice Semiconductor
LSCC
$18.5B
| $1.28M | ﹤0.01% |
16,263
+232
| +1% | +$16.6K |
|
1799
Crane Co
CR
$12.6B
| $1.28M | ﹤0.01% |
9,422
-104
| -1% | -$12.8K |
|
1800
iShares MSCI France ETF
EWQ
$332M
| $1.28M | ﹤0.01% |
30,705
-227,295
| -88% | -$8.99M |
|
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.