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 | Miscellaneous | 10.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2051
Mitsubishi UFJ Financial
MUFG
$255B
| $821K | ﹤0.01% |
75,907
+7,795
| +11% | +$79.1K |
2013 Q2
44 quarters
|
|
2052
Ollie's Bargain Outlet
OLLI
$5.22B
| $820K | ﹤0.01% |
8,319
+195
| +2% | +$15.5K |
2015 Q3
35 quarters
|
|
|
DFSE
2053
Dimensional Emerging Markets Sustainability Core 1 ETF
DFSE
$642M
| $818K | ﹤0.01% |
+24,265
| New | +$800K |
2024 Q2
0 quarters
|
|
2054
Asana
ASAN
$2.04B
| $815K | ﹤0.01% |
58,206
-14,956
| -20% | -$213K |
2020 Q4
14 quarters
|
|
2055
iShares MSCI Europe Financials ETF
EUFN
$3.84B
| $810K | ﹤0.01% |
35,928
-1,834
| -5% | -$42.1K |
2013 Q3
43 quarters
|
|
2056
Portland General Electric
POR
$5.26B
| $809K | ﹤0.01% |
18,680
+3,988
| +27% | +$172K |
2022 Q1
9 quarters
|
|
|
CIVI
2057
DELISTED
Civitas Resources
CIVI
| $806K | ﹤0.01% |
11,568
+557
| +5% | +$40.3K |
2019 Q2
20 quarters
|
|
2058
Aaon
AAON
$6.78B
| $805K | ﹤0.01% |
9,222
-1,357
| -13% | -$111K |
2013 Q2
44 quarters
|
|
2059
American Century Short Duration Strategic Income ETF
SDSI
$301M
| $803K | ﹤0.01% |
+15,750
| New | +$799K |
2024 Q2
0 quarters
|
|
|
FYBR
2060
DELISTED
Frontier Communications
FYBR
| $802K | ﹤0.01% |
30,588
+1,189
| +4% | +$29.6K |
2022 Q1
9 quarters
|
|
2061
Schwab US TIPS ETF
SCHP
$16B
| $802K | ﹤0.01% |
30,700
-2,902
| -9% | -$75K |
2013 Q2
44 quarters
|
|
2062
EXL Service
EXLS
$5.53B
| $802K | ﹤0.01% |
25,474
-657
| -3% | -$19.7K |
2013 Q2
44 quarters
|
|
2063
White Mountains Insurance
WTM
$4.8B
| $795K | ﹤0.01% |
429
| – | – |
2013 Q2
44 quarters
|
|
2064
Ryder
R
$8.86B
| $794K | ﹤0.01% |
6,376
+381
| +6% | +$46K |
2013 Q2
44 quarters
|
|
2065
First Trust Cloud Computing ETF
SKYY
$3.41B
| $792K | ﹤0.01% |
8,250
+3,136
| +61% | +$292K |
2017 Q1
29 quarters
|
|
2066
Choice Hotels
CHH
$4.6B
| $791K | ﹤0.01% |
6,586
+365
| +6% | +$43K |
2014 Q4
38 quarters
|
|
2067
Northwest Natural Holdings
NWN
$1.96B
| $791K | ﹤0.01% |
21,886
-413
| -2% | -$15.3K |
2019 Q1
21 quarters
|
|
2068
DigitalOcean
DOCN
$16.4B
| $789K | ﹤0.01% |
22,645
+6,376
| +39% | +$227K |
2023 Q1
5 quarters
|
|
2069
PUT
Peloton Interactive
PTON
$2.18B
| $788K | ﹤0.01% |
75,200
+200
| +0.3% | +$716 |
2024 Q1
1 quarter
|
|
2070
Agree Realty
ADC
$8.09B
| $788K | ﹤0.01% |
12,706
-11,773
| -48% | -$696K |
2013 Q2
44 quarters
|
|
2071
Installed Building Products
IBP
$5.12B
| $782K | ﹤0.01% |
3,798
-136
| -3% | -$30.6K |
2016 Q2
32 quarters
|
|
2072
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
BCD
$439M
| $782K | ﹤0.01% |
23,700
-1,221
| -5% | -$40.1K |
2024 Q1
1 quarter
|
|
2073
McEwen Inc
MUX
$1.08B
| $780K | ﹤0.01% |
82,905
+41,480
| +100% | +$456K |
2013 Q2
44 quarters
|
|
2074
Schwab Short-Term US Treasury ETF
SCHO
$15.3B
| $780K | ﹤0.01% |
32,404
-10,222
| -24% | -$245K |
2022 Q1
9 quarters
|
|
2075
State Street Real Estate Select Sector SPDR ETF
XLRE
$7.51B
| $779K | ﹤0.01% |
20,253
+8,771
| +76% | +$330K |
2016 Q3
31 quarters
|
|
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 544 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 544 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.