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 | |
|---|---|---|---|---|---|---|
1951
Adasina Social Justice All Cap Global ETF
JSTC
$307M
| $937K | ﹤0.01% |
+52,820
| New | +$907K |
|
1952
Magnolia Oil & Gas
MGY
$6.22B
| $936K | ﹤0.01% |
36,076
+16,591
| +85% | +$364K |
|
1953
PUT
MPLX
MPLX
$60.3B
| $936K | ﹤0.01% |
+22,500
| New | +$872K |
|
1954
Cabot Corp
CBT
$4.54B
| $935K | ﹤0.01% |
10,131
-116
| -1% | -$9.43K |
|
1955
Pampa Energía
PAM
$4.23B
| $933K | ﹤0.01% |
+21,421
| New | +$955K |
|
1956
Dycom Industries
DY
$12.6B
| $933K | ﹤0.01% |
6,469
+2,311
| +56% | +$285K |
|
1957
FlexShares Quality Dividend Index Fund
QDF
$2.28B
| $933K | ﹤0.01% |
14,123
-83
| -0.6% | -$5.26K |
|
1958
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$697M
| $932K | ﹤0.01% |
16,554
+15,547
| +1,544% | +$861K |
|
1959
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$151M
| $932K | ﹤0.01% |
+47,666
| New | +$909K |
|
1960
Aaon
AAON
$7.24B
| $932K | ﹤0.01% |
10,579
+673
| +7% | +$52.8K |
|
|
HITI
1961
CALL
High Tide
HITI
$206M
| $930K | ﹤0.01% |
449,900
+5,300
| +1% | +$9.5K |
|
1962
Franklin FTSE Latin America
FLLA
$104M
| $930K | ﹤0.01% |
39,327
+23,791
| +153% | +$561K |
|
1963
Lithia Motors
LAD
$8.3B
| $930K | ﹤0.01% |
3,053
+45
| +1% | +$13.3K |
|
|
SCHV
1964
Schwab US Large-Cap Value ETF
SCHV
$16.3B
| $929K | ﹤0.01% |
36,636
+2,121
| +6% | +$50.9K |
|
1965
Direxion Auspice Broad Commodity Strategy ETF
COM
$209M
| $929K | ﹤0.01% |
32,810
-74,486
| -69% | -$2.08M |
|
1966
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $928K | ﹤0.01% |
21,292
+6,883
| +48% | +$296K |
|
1967
CALL
FTAI Aviation
FTAI
$22.3B
| $924K | ﹤0.01% |
+13,700
| New | +$752K |
|
1968
ArcBest
ARCB
$3.19B
| $917K | ﹤0.01% |
6,413
+46
| +0.7% | +$6.02K |
|
1969
WisdomTree Global High Dividend Fund
DEW
$157M
| $917K | ﹤0.01% |
+18,020
| New | +$880K |
|
|
SLCA
1970
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $915K | ﹤0.01% |
+73,077
| New | +$818K |
|
1971
Globus Medical
GMED
$11.5B
| $915K | ﹤0.01% |
17,013
+392
| +2% | +$21.1K |
|
|
IAUX
1972
i-80 Gold Corp
IAUX
$1.45B
| $911K | ﹤0.01% |
686,984
+71,774
| +12% | +$104K |
|
1973
BioAtla
BCAB
$5.13M
| $907K | ﹤0.01% |
5,214
-798
| -13% | -$99.1K |
|
1974
CALL
UGI
UGI
$7.59B
| $905K | ﹤0.01% |
37,100
| – | – |
|
|
1975
PUT
UGI
UGI
$7.59B
| $905K | ﹤0.01% |
37,100
| – | – |
|
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.