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 | |
|---|---|---|---|---|---|---|
1926
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.03B
| $1M | ﹤0.01% |
32,373
-23,014
| -42% | -$697K |
|
|
CADE
1927
DELISTED
Cadence Bank
CADE
| $996K | ﹤0.01% |
34,246
-213,130
| -86% | -$5.93M |
|
1928
PUT
Atlassian
TEAM
$41.2B
| $995K | ﹤0.01% |
5,000
-15,000
| -75% | -$3.27M |
|
1929
Xtrackers Low Beta High Yield Bond ETF
HYDW
$67.8M
| $989K | ﹤0.01% |
+21,406
| New | +$984K |
|
1930
Liberty Media Series C
FWONK
$26B
| $989K | ﹤0.01% |
14,223
+9,314
| +190% | +$625K |
|
1931
Ivanhoe Electric
IE
$1.66B
| $988K | ﹤0.01% |
100,005
+62,216
| +165% | +$536K |
|
1932
Prosperity Bancshares
PB
$9.02B
| $983K | ﹤0.01% |
14,919
-1,965
| -12% | -$125K |
|
1933
AppFolio
APPF
$7.23B
| $982K | ﹤0.01% |
3,914
-2,230
| -36% | -$481K |
|
1934
Heritage Insurance Holdings
HRTG
$1.01B
| $973K | ﹤0.01% |
90,632
-4
| -0% | -$28 |
|
1935
Chord Energy
CHRD
$7.51B
| $971K | ﹤0.01% |
5,524
-1,148
| -17% | -$185K |
|
1936
MKS Inc
MKSI
$21B
| $969K | ﹤0.01% |
7,288
-52,015
| -88% | -$6.05M |
|
1937
Saic
SAIC
$5.36B
| $959K | ﹤0.01% |
7,335
+129
| +2% | +$17.1K |
|
1938
Superior Group of Companies
SGC
$208M
| $956K | ﹤0.01% |
57,500
+8,200
| +17% | +$118K |
|
1939
Banco de Chile
BCH
$20.6B
| $951K | ﹤0.01% |
+42,511
| New | +$957K |
|
1940
Apple Hospitality REIT
APLE
$3.79B
| $951K | ﹤0.01% |
57,550
+4,071
| +8% | +$66.6K |
|
1941
Cogent Communications
CCOI
$579M
| $950K | ﹤0.01% |
14,526
-1,866
| -11% | -$136K |
|
1942
Knife River
KNF
$3.77B
| $949K | ﹤0.01% |
11,691
+16
| +0.1% | +$1.12K |
|
1943
SunCoke Energy
SXC
$794M
| $946K | ﹤0.01% |
83,433
+300
| +0.4% | +$3.24K |
|
1944
Associated Banc-Corp
ASB
$6.11B
| $946K | ﹤0.01% |
43,965
+3,430
| +8% | +$71.6K |
|
1945
State Street SPDR S&P Bank ETF
KBE
$1.76B
| $946K | ﹤0.01% |
20,069
-2,657
| -12% | -$119K |
|
1946
United States Natural Gas Fund
UNG
$487M
| $943K | ﹤0.01% |
62,706
-6,953
| -10% | -$127K |
|
1947
United Microelectronic
UMC
$48B
| $943K | ﹤0.01% |
116,551
+102,629
| +737% | +$817K |
|
1948
ProShares UltraPro QQQ
TQQQ
$38.5B
| $939K | ﹤0.01% |
30,390
+8,314
| +38% | +$236K |
|
1949
Otter Tail
OTTR
$3.9B
| $939K | ﹤0.01% |
10,853
+1,127
| +12% | +$98K |
|
1950
Acadia Healthcare
ACHC
$2.87B
| $937K | ﹤0.01% |
11,762
+660
| +6% | +$54K |
|
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.