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 |
Snowflake
SNOW
|
+$413M |
| 2 |
Microsoft
MSFT
|
+$334M |
| 3 |
ExxonMobil
XOM
|
+$296M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$291M |
| 5 |
Tesla
TSLA
|
+$256M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.83B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.23B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.17B |
| 4 |
NVIDIA
NVDA
|
+$518M |
| 5 |
Mastercard
MA
|
+$482M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.31% |
| 2 | Consumer Discretionary | 19.56% |
| 3 | Technology | 15.19% |
| 4 | Financials | 13.61% |
| 5 | Industrials | 4.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
Vanguard Extended Market ETF
VXF
$32.3B
| $864K | ﹤0.01% |
5,118
-1,312
| -20% | -$221K |
|
2027
Methode Electronics
MEI
$605M
| $863K | ﹤0.01% |
88,510
+29,907
| +51% | +$344K |
|
2028
PUT
Pfizer
PFE
$153B
| $861K | ﹤0.01% |
30,500
| – | – |
|
2029
Acadia Healthcare
ACHC
$2.85B
| $859K | ﹤0.01% |
12,698
+936
| +8% | +$65.4K |
|
2030
Enerpac Tool Group
EPAC
$1.88B
| $852K | ﹤0.01% |
22,082
+10,490
| +90% | +$389K |
|
2031
Rambus
RMBS
$10.8B
| $851K | ﹤0.01% |
14,453
-13,577
| -48% | -$776K |
|
2032
CALL
Ferrari
RACE
$72.7B
| $850K | ﹤0.01% |
+2,000
| New | +$831K |
|
2033
Axsome Therapeutics
AXSM
$11.3B
| $849K | ﹤0.01% |
+10,531
| New | +$780K |
|
|
EUHY
2034
iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY
$246M
| $847K | ﹤0.01% |
17,100
+9,078
| +113% | +$442K |
|
2035
Tootsie Roll Industries
TR
$3.05B
| $846K | ﹤0.01% |
27,779
+5,910
| +27% | +$167K |
|
2036
UGI
UGI
$7.59B
| $843K | ﹤0.01% |
36,790
-28,733
| -44% | -$696K |
|
2037
FlexShares Quality Dividend Index Fund
QDF
$2.28B
| $843K | ﹤0.01% |
12,536
-1,587
| -11% | -$103K |
|
2038
Knife River
KNF
$3.79B
| $843K | ﹤0.01% |
11,705
+14
| +0.1% | +$1.05K |
|
2039
Exponent
EXPO
$3.2B
| $841K | ﹤0.01% |
8,732
-10,957
| -56% | -$988K |
|
2040
Perrigo
PRGO
$1.78B
| $839K | ﹤0.01% |
32,545
+16,934
| +108% | +$497K |
|
2041
Selective Insurance
SIGI
$5.62B
| $838K | ﹤0.01% |
8,526
+524
| +7% | +$51.3K |
|
2042
CALL
Elanco Animal Health
ELAN
$11.8B
| $838K | ﹤0.01% |
+46,900
| New | +$749K |
|
|
AAT
2043
American Assets Trust
AAT
$1.4B
| $837K | ﹤0.01% |
+37,317
| New | +$803K |
|
2044
Tandem Diabetes Care
TNDM
$1.57B
| $837K | ﹤0.01% |
19,990
+11,045
| +123% | +$461K |
|
2045
TripAdvisor
TRIP
$1.27B
| $835K | ﹤0.01% |
44,191
-22,742
| -34% | -$493K |
|
2046
Cogent Communications
CCOI
$555M
| $833K | ﹤0.01% |
13,836
-690
| -5% | -$41.2K |
|
2047
Banco Santander
SAN
$209B
| $830K | ﹤0.01% |
177,311
+79,063
| +80% | +$389K |
|
|
CCRV
2048
DELISTED
iShares Commodity Curve Carry Strategy ETF
CCRV
| $827K | ﹤0.01% |
38,000
+22,556
| +146% | +$487K |
|
|
OGI
2049
Organigram Holdings
OGI
$172M
| $827K | ﹤0.01% |
461,593
+296
| +0.1% | +$538 |
|
2050
CarGurus
CARG
$3.32B
| $826K | ﹤0.01% |
31,508
-32,101
| -50% | -$764K |
|
Similar funds
Bank of Montreal's Q2 2024 Portfolio in Review
As of Q2 2024, Bank of Montreal held 4,374 positions worth $344B, up 4.4% from $330B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q2 2024 filing shows 545 new, 1,524 increased, 1,340 reduced and 563 closed positions. Its largest new stake was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M. The largest sale was Alibaba, an estimated $1.83B.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, down from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q2 2024 buy was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M.
- Bank of Montreal added most to Snowflake in Q2 2024, an estimated $413M increase.
- Bank of Montreal's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.23B.
- Bank of Montreal fully exited Alibaba in Q2 2024, selling an estimated $1.83B.
- Bank of Montreal's ten largest holdings make up 51% of its $344B portfolio in Q2 2024.
- Bank of Montreal opened 545 new positions and closed 563 in Q2 2024.
- Bank of Montreal's portfolio value rose 4.4% quarter-over-quarter to $344B.
Based on Bank of Montreal's 13F filing for Q2 2024, filed 14 Aug 2024.