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 |
NVIDIA
NVDA
|
+$1.87B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 3 |
Mastercard
MA
|
+$914M |
| 4 |
CrowdStrike
CRWD
|
+$860M |
| 5 |
ServiceNow
NOW
|
+$769M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$645M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$566M |
| 3 |
Royal Bank of Canada
RY
|
+$545M |
| 4 |
Snowflake
SNOW
|
+$486M |
| 5 |
Microsoft
MSFT
|
+$445M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.58% |
| 2 | Technology | 19.56% |
| 3 | Communication Services | 7.69% |
| 4 | Industrials | 6.63% |
| 5 | Consumer Discretionary | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.3B
| $836K | ﹤0.01% |
10,141
-20,381
| -67% | -$1.63M |
|
2002
M/I Homes
MHO
$3.85B
| $836K | ﹤0.01% |
4,915
-172
| -3% | -$26.1K |
|
2003
RLI Corp
RLI
$5.85B
| $834K | ﹤0.01% |
10,840
-24
| -0.2% | -$1.77K |
|
2004
Dycom Industries
DY
$12.6B
| $834K | ﹤0.01% |
4,324
-56
| -1% | -$10.1K |
|
|
AZPN
2005
DELISTED
Aspen Technology Inc
AZPN
| $834K | ﹤0.01% |
3,514
+128
| +4% | +$26.9K |
|
2006
Jackson Financial
JXN
$9.17B
| $833K | ﹤0.01% |
9,116
-25,184
| -73% | -$2.1M |
|
2007
CALL
Franklin Resources
BEN
$17.2B
| $832K | ﹤0.01% |
+40,000
| New | +$862K |
|
|
2008
PUT
Franklin Resources
BEN
$17.2B
| $832K | ﹤0.01% |
+40,000
| New | +$862K |
|
2009
Sonoco
SON
$5.76B
| $830K | ﹤0.01% |
15,307
-19,841
| -56% | -$1.04M |
|
2010
CALL
Masco
MAS
$14.7B
| $827K | ﹤0.01% |
+9,900
| New | +$750K |
|
2011
iShares US Consumer Discretionary ETF
IYC
$1.22B
| $827K | ﹤0.01% |
9,384
-3,389
| -27% | -$280K |
|
2012
Littelfuse
LFUS
$11.6B
| $823K | ﹤0.01% |
3,112
-266
| -8% | -$68.5K |
|
2013
Macy's
M
$6.16B
| $822K | ﹤0.01% |
53,880
-1,805
| -3% | -$29.3K |
|
|
TPIC
2014
DELISTED
TPI Composites
TPIC
| $818K | ﹤0.01% |
180,677
+30,264
| +20% | +$124K |
|
2015
CNO Financial Group
CNO
$5.11B
| $816K | ﹤0.01% |
23,818
-869
| -4% | -$27.9K |
|
2016
AMC Entertainment Holdings
AMC
$2.23B
| $816K | ﹤0.01% |
181,298
+162,683
| +874% | +$811K |
|
2017
Nuveen ESG Emerging Markets Equity ETF
NUEM
$401M
| $812K | ﹤0.01% |
+25,800
| New | +$749K |
|
2018
DXC Technology
DXC
$1.72B
| $811K | ﹤0.01% |
39,164
+10,450
| +36% | +$208K |
|
2019
CALL
AvalonBay Communities
AVB
$26.3B
| $811K | ﹤0.01% |
+3,600
| New | +$778K |
|
2020
Alpha Architect International Quantitative Value ETF
IVAL
$225M
| $811K | ﹤0.01% |
+31,344
| New | +$782K |
|
|
OGI
2021
Organigram Holdings
OGI
$173M
| $810K | ﹤0.01% |
458,693
-2,900
| -0.6% | -$5.05K |
|
2022
Choice Hotels
CHH
$4.7B
| $806K | ﹤0.01% |
6,072
-514
| -8% | -$64.4K |
|
2023
US Commodity Index
USCI
$375M
| $804K | ﹤0.01% |
12,820
-40,304
| -76% | -$2.46M |
|
2024
Aptiv
APTV
$10.3B
| $804K | ﹤0.01% |
10,824
-16,175
| -60% | -$1.13M |
|
2025
Roblox
RBLX
$27.3B
| $801K | ﹤0.01% |
18,134
-19,040
| -51% | -$794K |
|
Similar funds
Bank of Montreal's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of Montreal held 4,369 positions worth $227B, down 34% from $344B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal's Q3 2024 filing shows 506 new, 1,334 increased, 1,473 reduced and 547 closed positions. Its largest new stake was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M. The largest sale was Tesla, an estimated $645M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 14% a quarter earlier, followed by Technology and Communication Services.
- Bank of Montreal's largest Q3 2024 buy was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M.
- Bank of Montreal added most to NVIDIA in Q3 2024, an estimated $1.87B increase.
- Bank of Montreal's biggest Q3 2024 reduction was Tesla, cutting an estimated $645M.
- Bank of Montreal fully exited TE Connectivity in Q3 2024, selling an estimated $175M.
- Bank of Montreal's ten largest holdings make up 26% of its $227B portfolio in Q3 2024.
- Bank of Montreal opened 506 new positions and closed 547 in Q3 2024.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $227B.
Based on Bank of Montreal's 13F filing for Q3 2024, filed 13 Nov 2024.