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 | |
|---|---|---|---|---|---|---|
1876
Hanover Insurance
THG
$7.84B
| $1.09M | ﹤0.01% |
8,003
+48
| +0.6% | +$6.23K |
|
1877
Webster Financial
WBS
$12.8B
| $1.09M | ﹤0.01% |
21,432
+1,155
| +6% | +$56.5K |
|
1878
iShares US Consumer Discretionary ETF
IYC
$1.22B
| $1.09M | ﹤0.01% |
13,277
-1,522
| -10% | -$119K |
|
1879
Privia Health
PRVA
$2.81B
| $1.08M | ﹤0.01% |
53,552
+35,053
| +189% | +$740K |
|
1880
iShares MSCI Emerging Markets Asia ETF
EEMA
$870M
| $1.08M | ﹤0.01% |
15,811
-1,586
| -9% | -$104K |
|
1881
New York Times
NYT
$10.4B
| $1.08M | ﹤0.01% |
24,986
+267
| +1% | +$12.2K |
|
1882
Valvoline
VVV
$4.36B
| $1.07M | ﹤0.01% |
24,017
+2,900
| +14% | +$116K |
|
1883
JPMorgan Core Plus Bond ETF
JCPB
$14.1B
| $1.07M | ﹤0.01% |
+22,977
| New | +$1.07M |
|
1884
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $1.07M | ﹤0.01% |
18,735
+6,423
| +52% | +$361K |
|
|
HAYN
1885
DELISTED
Haynes International, Inc.
HAYN
| $1.07M | ﹤0.01% |
17,778
-5,362
| -23% | -$309K |
|
1886
Blackbaud
BLKB
$2.05B
| $1.07M | ﹤0.01% |
14,401
-10
| -0.1% | -$764 |
|
1887
Merit Medical Systems
MMSI
$5.42B
| $1.07M | ﹤0.01% |
13,989
+6,257
| +81% | +$483K |
|
1888
ICL Group
ICL
$7.16B
| $1.07M | ﹤0.01% |
732,703
+163,530
| +29% | +$804K |
|
1889
PUT
Hewlett Packard
HPE
$77.7B
| $1.06M | ﹤0.01% |
+60,000
| New | +$974K |
|
1890
On Holding
ONON
$10.8B
| $1.06M | ﹤0.01% |
29,874
+4,311
| +17% | +$132K |
|
1891
iShares MSCI Switzerland ETF
EWL
$2.21B
| $1.06M | ﹤0.01% |
22,358
+858
| +4% | +$40.7K |
|
1892
Sigma Lithium
SGML
$1.34B
| $1.06M | ﹤0.01% |
74,427
+12,927
| +21% | +$231K |
|
1893
Copa Holdings
CPA
$6.14B
| $1.06M | ﹤0.01% |
10,148
+3,681
| +57% | +$366K |
|
1894
Roundhill Sports Betting & iGaming ETF
BETZ
$50.9M
| $1.06M | ﹤0.01% |
57,652
-28,120
| -33% | -$494K |
|
1895
Delek US
DK
$4.01B
| $1.06M | ﹤0.01% |
34,504
+27,156
| +370% | +$735K |
|
1896
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.75B
| $1.06M | ﹤0.01% |
19,076
+1,040
| +6% | +$56.1K |
|
1897
US Global GO Gold and Precious Metal Miners ETF
GOAU
$196M
| $1.06M | ﹤0.01% |
59,330
-5,100
| -8% | -$81.3K |
|
1898
Vornado Realty Trust
VNO
$7.28B
| $1.06M | ﹤0.01% |
36,734
-10,408
| -22% | -$278K |
|
1899
Dillards
DDS
$8.76B
| $1.05M | ﹤0.01% |
2,228
+7
| +0.3% | +$2.87K |
|
1900
Applied Industrial Technologies
AIT
$13.4B
| $1.05M | ﹤0.01% |
5,312
-83
| -2% | -$15.2K |
|
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.