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 |
Strategy Inc
MSTR
|
+$805M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$350M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$240M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$238M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$237M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$2.03B |
| 2 |
Mastercard
MA
|
+$1.71B |
| 3 |
Flutter Entertainment
FLUT
|
+$799M |
| 4 |
Amazon
AMZN
|
+$710M |
| 5 |
Apple
AAPL
|
+$659M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.23% |
| 2 | Technology | 20.47% |
| 3 | Miscellaneous | 17.25% |
| 4 | Communication Services | 8.14% |
| 5 | Consumer Discretionary | 6.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1826
iShares US Basic Materials ETF
IYM
$1.11B
| $885K | ﹤0.01% |
6,815
-686
| -9% | -$99.1K |
2013 Q2
46 quarters
|
|
1827
MDU Resources
MDU
$3.89B
| $884K | ﹤0.01% |
49,046
-53,038
| -52% | -$930K |
2013 Q2
46 quarters
|
|
1828
Saic
SAIC
$5.29B
| $884K | ﹤0.01% |
7,906
-8,136
| -51% | -$1.07M |
2013 Q4
44 quarters
|
|
1829
Cognex
CGNX
$10.5B
| $883K | ﹤0.01% |
24,633
+1,657
| +7% | +$64.9K |
2013 Q2
46 quarters
|
|
1830
Choice Hotels
CHH
$4.6B
| $883K | ﹤0.01% |
6,221
+149
| +2% | +$21.1K |
2014 Q4
40 quarters
|
|
1831
CALL
Alkermes
ALKS
$6.8B
| $877K | ﹤0.01% |
+30,500
| New | +$877K |
2024 Q4
0 quarters
|
|
1832
Highwoods Properties
HIW
$3.21B
| $876K | ﹤0.01% |
28,659
+1,775
| +7% | +$57.8K |
2013 Q2
46 quarters
|
|
1833
The GEO Group
GEO
$4.05B
| $870K | ﹤0.01% |
31,104
+14,286
| +85% | +$317K |
2017 Q2
30 quarters
|
|
1834
Invesco Dividend Achievers ETF
PFM
$771M
| $865K | ﹤0.01% |
18,872
+606
| +3% | +$28.4K |
2013 Q2
46 quarters
|
|
1835
Jackson Financial
JXN
$8.77B
| $864K | ﹤0.01% |
9,926
+810
| +9% | +$79.1K |
2023 Q3
5 quarters
|
|
1836
Warrior Met Coal
HCC
$4.7B
| $864K | ﹤0.01% |
15,932
+9,456
| +146% | +$604K |
2023 Q3
5 quarters
|
|
1837
Invesco NASDAQ 100 ETF
QQQM
$109B
| $863K | ﹤0.01% |
4,099
-16,905
| -80% | -$3.52M |
2020 Q4
16 quarters
|
|
1838
iShares US Consumer Discretionary ETF
IYC
$1.17B
| $861K | ﹤0.01% |
8,952
-432
| -5% | -$40.3K |
2013 Q2
46 quarters
|
|
1839
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $849K | ﹤0.01% |
12,926
+7,412
| +134% | +$510K |
2013 Q2
46 quarters
|
|
1840
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34.6B
| $847K | ﹤0.01% |
12,335
+440
| +4% | +$29.6K |
2020 Q3
17 quarters
|
|
1841
Hawkins
HWKN
$2.66B
| $843K | ﹤0.01% |
6,875
+968
| +16% | +$122K |
2022 Q4
8 quarters
|
|
1842
Inspire Medical Systems
INSP
$2.05B
| $838K | ﹤0.01% |
4,522
+1,064
| +31% | +$207K |
2024 Q3
1 quarter
|
|
1843
United Natural Foods
UNFI
$2.7B
| $838K | ﹤0.01% |
30,685
+2,246
| +8% | +$51.7K |
2013 Q2
46 quarters
|
|
1844
National Fuel Gas
NFG
$7.25B
| $837K | ﹤0.01% |
13,794
+2,262
| +20% | +$139K |
2013 Q2
46 quarters
|
|
1845
Sonoco
SON
$4.8B
| $836K | ﹤0.01% |
17,119
+1,812
| +12% | +$93.6K |
2013 Q2
46 quarters
|
|
1846
State Street SPDR S&P International Small Cap ETF
GWX
$917M
| $836K | ﹤0.01% |
26,985
-99,206
| -79% | -$3.2M |
2013 Q2
46 quarters
|
|
1847
iShares MSCI Europe Financials ETF
EUFN
$3.84B
| $832K | ﹤0.01% |
35,695
-268,668
| -88% | -$6.43M |
2013 Q3
45 quarters
|
|
1848
Dropbox
DBX
$7.41B
| $831K | ﹤0.01% |
27,659
-7,005
| -20% | -$193K |
2018 Q1
27 quarters
|
|
1849
Blackstone Mortgage Trust
BXMT
$1.9B
| $831K | ﹤0.01% |
47,723
-4,148
| -8% | -$76.7K |
2015 Q1
39 quarters
|
|
|
TIXT
1850
DELISTED
TELUS International
TIXT
| $829K | ﹤0.01% |
211,122
+24,368
| +13% | +$92.3K |
2021 Q1
15 quarters
|
|
Similar funds
Bank of Montreal's Q4 2024 Portfolio in Review
As of Q4 2024, Bank of Montreal held 4,060 positions worth $215B, down 5.6% from $227B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Bank of Montreal withdrew a net $16.8B in Q4 2024, closing 567 positions and reducing 1,357 holdings. Its most notable exit was Brookfield Infrastructure, an estimated $164M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 22% a quarter earlier, followed by Technology and Miscellaneous.
Against the trend, Bank of Montreal opened a new position in South Bow Corp worth $126M.
- Bank of Montreal's largest Q4 2024 buy was South Bow Corp: 5,349,368 shares worth $126M.
- Bank of Montreal added most to Strategy Inc in Q4 2024, an estimated $805M increase.
- Bank of Montreal's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $2.03B.
- Bank of Montreal fully exited Brookfield Infrastructure in Q4 2024, selling an estimated $164M.
- Bank of Montreal's ten largest holdings make up 27% of its $215B portfolio in Q4 2024.
- Bank of Montreal opened 258 new positions and closed 567 in Q4 2024.
- Bank of Montreal's portfolio value fell 5.6% quarter-over-quarter to $215B.
Based on Bank of Montreal's 13F filing for Q4 2024, filed 13 Feb 2025.