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 | |
|---|---|---|---|---|---|---|
|
TMHC
1851
DELISTED
Taylor Morrison
TMHC
| $1.15M | ﹤0.01% |
18,443
+260
| +1% | +$14.3K |
|
1852
State Street SPDR S&P International Small Cap ETF
GWX
$931M
| $1.15M | ﹤0.01% |
35,221
-701
| -2% | -$21.9K |
|
1853
BJs Wholesale Club
BJ
$11.9B
| $1.14M | ﹤0.01% |
15,082
-41,900
| -74% | -$2.92M |
|
1854
Asana
ASAN
$2.11B
| $1.14M | ﹤0.01% |
73,162
+16,545
| +29% | +$296K |
|
1855
iShares US Basic Materials ETF
IYM
$1.02B
| $1.14M | ﹤0.01% |
7,697
-3,324
| -30% | -$456K |
|
1856
GraniteShares Platinum Shares
PLTM
$190M
| $1.14M | ﹤0.01% |
124,500
+24,729
| +25% | +$218K |
|
1857
iShares MSCI Mexico ETF
EWW
$1.86B
| $1.14M | ﹤0.01% |
16,386
+15,450
| +1,651% | +$1.03M |
|
1858
Brady Corp
BRC
$4.44B
| $1.13M | ﹤0.01% |
18,960
+3,432
| +22% | +$205K |
|
|
CIM
1859
Chimera Investment
CIM
$988M
| $1.13M | ﹤0.01% |
+81,760
| New | +$1.14M |
|
1860
Murphy USA
MUSA
$10.5B
| $1.13M | ﹤0.01% |
2,694
-90
| -3% | -$35.2K |
|
1861
Vanguard Extended Market ETF
VXF
$32.3B
| $1.13M | ﹤0.01% |
6,430
-13,841
| -68% | -$2.3M |
|
1862
CONMED
CNMD
$1.51B
| $1.13M | ﹤0.01% |
14,084
+4,971
| +55% | +$443K |
|
|
HTO
1863
H2O America
HTO
$2.67B
| $1.13M | ﹤0.01% |
19,851
-8,908
| -31% | -$529K |
|
1864
Global X SuperDividend REIT ETF
SRET
$230M
| $1.13M | ﹤0.01% |
55,086
+51,956
| +1,660% | +$1.06M |
|
1865
Archrock
AROC
$6.08B
| $1.13M | ﹤0.01% |
56,836
+2,929
| +5% | +$50K |
|
1866
Boise Cascade
BCC
$2.9B
| $1.12M | ﹤0.01% |
7,319
+307
| +4% | +$41.5K |
|
|
POWR
1867
iShares U.S. Power Infrastructure ETF
POWR
$468M
| $1.12M | ﹤0.01% |
+42,354
| New | +$1.04M |
|
1868
Pilgrim's Pride
PPC
$6.64B
| $1.12M | ﹤0.01% |
32,739
-211
| -0.6% | -$6.33K |
|
1869
Onto Innovation
ONTO
$20.3B
| $1.12M | ﹤0.01% |
6,183
+619
| +11% | +$105K |
|
1870
FlexShares International Quality Dividend Dynamic Index Fund
IQDY
$114M
| $1.12M | ﹤0.01% |
38,596
+20,908
| +118% | +$585K |
|
|
UCB
1871
United Community Banks
UCB
$4.43B
| $1.11M | ﹤0.01% |
41,989
+12,256
| +41% | +$331K |
|
1872
Universal Display
OLED
$4.09B
| $1.11M | ﹤0.01% |
6,514
-20,861
| -76% | -$3.63M |
|
1873
CALL
TJX Companies
TJX
$168B
| $1.1M | ﹤0.01% |
+10,900
| New | +$1.06M |
|
1874
Tencent Music
TME
$14.5B
| $1.1M | ﹤0.01% |
+97,879
| New | +$960K |
|
1875
CALL
SoFi Technologies
SOFI
$23.6B
| $1.09M | ﹤0.01% |
150,000
+22,400
| +18% | +$178K |
|
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.