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 | |
|---|---|---|---|---|---|---|
1801
Dropbox
DBX
$7.48B
| $1.28M | ﹤0.01% |
52,450
-5,179
| -9% | -$145K |
|
1802
Noble Corp
NE
$7.2B
| $1.28M | ﹤0.01% |
26,190
-186,453
| -88% | -$8.39M |
|
1803
CALL
Coupang
CPNG
$29B
| $1.27M | ﹤0.01% |
+71,000
| New | +$1.16M |
|
1804
Capital City Bank Group
CCBG
$898M
| $1.27M | ﹤0.01% |
+44,887
| New | +$1.26M |
|
1805
PUT
IonQ
IONQ
$18.7B
| $1.27M | ﹤0.01% |
126,600
| – | – |
|
1806
PUT
Shopify
SHOP
$199B
| $1.27M | ﹤0.01% |
15,900
-20,000
| -56% | -$1.58M |
|
1807
Robinhood
HOOD
$85.9B
| $1.27M | ﹤0.01% |
62,816
+36,896
| +142% | +$517K |
|
1808
Kaiser Aluminum
KALU
$2.97B
| $1.26M | ﹤0.01% |
14,075
-1,448
| -9% | -$102K |
|
1809
UFP Industries
UFPI
$4.96B
| $1.26M | ﹤0.01% |
10,224
+4,645
| +83% | +$540K |
|
1810
iShares Future Exponential Technologies ETF
XT
$3.99B
| $1.26M | ﹤0.01% |
20,922
-552
| -3% | -$32.4K |
|
1811
PUT
Danaher
DHR
$142B
| $1.26M | ﹤0.01% |
+5,000
| New | +$1.22M |
|
|
NVEI
1812
PUT
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $1.26M | ﹤0.01% |
+40,000
| New | +$1.01M |
|
1813
PUT
PureCycle Technologies
PCT
$1.4B
| $1.26M | ﹤0.01% |
+200,000
| New | +$931K |
|
1814
CALL
Digital Realty Trust
DLR
$74.1B
| $1.25M | ﹤0.01% |
+8,700
| New | +$1.23M |
|
1815
Vanguard Financials ETF
VFH
$14B
| $1.25M | ﹤0.01% |
12,162
+4,483
| +58% | +$430K |
|
1816
Goosehead Insurance
GSHD
$2.35B
| $1.24M | ﹤0.01% |
18,324
+9,672
| +112% | +$739K |
|
|
SKE
1817
Skeena Resources
SKE
$4.1B
| $1.24M | ﹤0.01% |
268,666
-2,599
| -1% | -$11K |
|
1818
PUT
PayPal
PYPL
$52.7B
| $1.24M | ﹤0.01% |
4,500
| – | – |
|
1819
Curtiss-Wright
CW
$25.8B
| $1.23M | ﹤0.01% |
4,783
+157
| +3% | +$36.5K |
|
|
MPT
1820
PUT
Medical Properties Trust
MPT
$2.5B
| $1.23M | ﹤0.01% |
+258,800
| New | +$991K |
|
1821
CALL
MP Materials
MP
$10.5B
| $1.23M | ﹤0.01% |
+85,700
| New | +$1.36M |
|
1822
PUT
Open Text
OTEX
$5.94B
| $1.22M | ﹤0.01% |
+30,000
| New | +$1.21M |
|
1823
First American
FAF
$7.54B
| $1.21M | ﹤0.01% |
19,831
+1,456
| +8% | +$86K |
|
1824
Coty
COTY
$2.51B
| $1.21M | ﹤0.01% |
100,811
+11,377
| +13% | +$139K |
|
1825
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $1.21M | ﹤0.01% |
20,362
+16,051
| +372% | +$949K |
|
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.