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 | Miscellaneous | 10.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2051
Verra Mobility
VRRM
$454M
| $792K | ﹤0.01% |
31,699
+14,636
| +86% | +$333K |
2023 Q1
4 quarters
|
|
2052
iShares Core MSCI Europe ETF
IEUR
$8.89B
| $791K | ﹤0.01% |
13,665
-9,351
| -41% | -$518K |
2023 Q1
4 quarters
|
|
2053
Broadstone Net Lease
BNL
$3.5B
| $790K | ﹤0.01% |
50,391
+28,172
| +127% | +$444K |
2023 Q4
1 quarter
|
|
2054
White Mountains Insurance
WTM
$4.8B
| $790K | ﹤0.01% |
429
-1
| -0.2% | -$1.68K |
2013 Q2
43 quarters
|
|
2055
Dimensional Emerging Markets High Profitability ETF
DEHP
$458M
| $788K | ﹤0.01% |
+31,759
| New | +$764K |
2024 Q1
0 quarters
|
|
2056
Milestone Pharmaceuticals
MIST
$102M
| $787K | ﹤0.01% |
+273,100
| New | +$443K |
2024 Q1
0 quarters
|
|
2057
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
BCD
$439M
| $787K | ﹤0.01% |
+24,921
| New | +$761K |
2024 Q1
0 quarters
|
|
2058
PUT
Peloton Interactive
PTON
$2.18B
| $786K | ﹤0.01% |
+75,000
| New | +$370K |
2024 Q1
0 quarters
|
|
2059
CALL
NexGen Energy
NXE
$5.95B
| $783K | ﹤0.01% |
+100,000
| New | +$743K |
2024 Q1
0 quarters
|
|
2060
PUT
ZIM Integrated Shipping Services
ZIM
$3.59B
| $782K | ﹤0.01% |
77,200
| – | – |
2023 Q4
1 quarter
|
|
|
AGR
2061
DELISTED
Avangrid, Inc.
AGR
| $782K | ﹤0.01% |
21,426
-207,041
| -91% | -$6.76M |
2015 Q4
33 quarters
|
|
2062
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11B
| $778K | ﹤0.01% |
26,129
+1,504
| +6% | +$44.7K |
2021 Q2
11 quarters
|
|
2063
BNY Mellon Concentrated International ETF
BKCI
$126M
| $778K | ﹤0.01% |
+15,134
| New | +$756K |
2024 Q1
0 quarters
|
|
2064
Honda
HMC
$41B
| $774K | ﹤0.01% |
20,747
-29,644
| -59% | -$1.02M |
2013 Q2
43 quarters
|
|
2065
Hawaiian Electric Industries
HE
$1.55B
| $773K | ﹤0.01% |
68,566
+52,714
| +333% | +$670K |
2013 Q2
43 quarters
|
|
2066
Pinnacle Financial Partners Inc
PNFP
$14.3B
| $771K | ﹤0.01% |
8,943
+106
| +1% | +$8.91K |
2013 Q2
43 quarters
|
|
2067
iShares MSCI Qatar ETF
QAT
$55.9M
| $770K | ﹤0.01% |
+42,312
| New | +$751K |
2024 Q1
0 quarters
|
|
2068
Rayonier
RYN
$5.42B
| $770K | ﹤0.01% |
25,479
+421
| +2% | +$12.6K |
2013 Q2
43 quarters
|
|
2069
Old National Bancorp
ONB
$9.56B
| $769K | ﹤0.01% |
44,108
+808
| +2% | +$13.4K |
2013 Q2
43 quarters
|
|
2070
Matthews Asia Innovators Active ETF
MINV
$165M
| $767K | ﹤0.01% |
+30,271
| New | +$731K |
2024 Q1
0 quarters
|
|
2071
CALL
Freeport-McMoran
FCX
$99.5B
| $767K | ﹤0.01% |
16,700
-159,500
| -91% | -$6.44M |
2023 Q2
3 quarters
|
|
2072
iShares US Home Construction ETF
ITB
$2.36B
| $765K | ﹤0.01% |
6,597
+176
| +3% | +$18.5K |
2013 Q2
43 quarters
|
|
2073
CALL
American Airlines Group
AAL
$8.69B
| $765K | ﹤0.01% |
+50,000
| New | +$725K |
2024 Q1
0 quarters
|
|
|
MBNE
2074
DELISTED
State Street Nuveen Municipal Bond ESG ETF
MBNE
| $765K | ﹤0.01% |
25,625
+20,249
| +377% | +$604K |
2023 Q4
1 quarter
|
|
2075
ProShares Short S&P500
SH
$962M
| $765K | ﹤0.01% |
16,108
+4,340
| +37% | +$217K |
2021 Q1
12 quarters
|
|
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's Q1 2024 filing shows 537 new, 1,393 increased, 1,522 reduced and 666 closed positions. Its largest new stake was Analog Devices: 663,817 shares worth $59.7M. The largest sale was Invesco QQQ Trust, an estimated $1.07B.
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.
- 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.