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 | |
|---|---|---|---|---|---|---|---|
2101
iShares 1-3 Year International Treasury Bond ETF
ISHG
$855M
| $756K | ﹤0.01% |
+10,744
| New | +$748K |
2024 Q2
0 quarters
|
|
2102
PUT
Sabre
SABR
$803M
| $756K | ﹤0.01% |
280,000
| – | – |
2023 Q3
3 quarters
|
|
2103
First Trust Alternative Absolute Return Strategy ETF
FAAR
$231M
| $756K | ﹤0.01% |
+26,332
| New | +$753K |
2024 Q2
0 quarters
|
|
2104
Invesco Dividend Achievers ETF
PFM
$771M
| $756K | ﹤0.01% |
17,637
+869
| +5% | +$36.5K |
2013 Q2
44 quarters
|
|
|
CGC
2105
Canopy Growth
CGC
$373M
| $754K | ﹤0.01% |
115,267
+86,163
| +296% | +$741K |
2018 Q2
24 quarters
|
|
2106
NYLIM Hedge Multi-Strategy Tracker ETF
QAI
$1,000M
| $754K | ﹤0.01% |
24,288
-8,085
| -25% | -$249K |
2023 Q1
5 quarters
|
|
2107
TScan Therapeutics
TCRX
$21.5M
| $749K | ﹤0.01% |
+120,454
| New | +$949K |
2024 Q2
0 quarters
|
|
|
AZPN
2108
DELISTED
Aspen Technology Inc
AZPN
| $748K | ﹤0.01% |
3,386
+43
| +1% | +$8.84K |
2022 Q2
8 quarters
|
|
2109
Medifast
MED
$128M
| $746K | ﹤0.01% |
+34,104
| New | +$909K |
2024 Q2
0 quarters
|
|
2110
Dycom Industries
DY
$8.14B
| $745K | ﹤0.01% |
4,380
-2,089
| -32% | -$326K |
2021 Q3
11 quarters
|
|
2111
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $742K | ﹤0.01% |
8,732
+1,902
| +28% | +$159K |
2022 Q3
7 quarters
|
|
2112
ASE Group
ASX
$116B
| $741K | ﹤0.01% |
+64,477
| New | +$699K |
2024 Q2
0 quarters
|
|
2113
Seaboard Corp
SEB
$3.78B
| $740K | ﹤0.01% |
+234
| New | +$753K |
2024 Q2
0 quarters
|
|
2114
Enterprise Products Partners
EPD
$77B
| $739K | ﹤0.01% |
25,371
+570
| +2% | +$16.3K |
2013 Q2
44 quarters
|
|
2115
Pinnacle Financial Partners Inc
PNFP
$14.3B
| $734K | ﹤0.01% |
9,158
+215
| +2% | +$17.2K |
2013 Q2
44 quarters
|
|
2116
Old National Bancorp
ONB
$9.56B
| $732K | ﹤0.01% |
42,515
-1,593
| -4% | -$26.5K |
2013 Q2
44 quarters
|
|
|
JWN
2117
DELISTED
Nordstrom
JWN
| $731K | ﹤0.01% |
34,422
-180,556
| -84% | -$3.69M |
2013 Q2
44 quarters
|
|
|
COOP
2118
DELISTED
Mr. Cooper
COOP
| $730K | ﹤0.01% |
8,977
+241
| +3% | +$19.4K |
2019 Q2
20 quarters
|
|
2119
Pacer Trendpilot US Large Cap ETF
PTLC
$3.33B
| $729K | ﹤0.01% |
14,603
+5,792
| +66% | +$277K |
2021 Q2
12 quarters
|
|
|
BCIM
2120
DELISTED
abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF
BCIM
| $728K | ﹤0.01% |
29,250
+21,890
| +297% | +$526K |
2024 Q1
1 quarter
|
|
2121
Cytokinetics
CYTK
$9.12B
| $727K | ﹤0.01% |
13,392
+1,727
| +15% | +$104K |
2015 Q3
35 quarters
|
|
|
EFOR
2122
Everforth Inc
EFOR
$1.48B
| $726K | ﹤0.01% |
8,213
-8,198
| -50% | -$783K |
2018 Q2
24 quarters
|
|
2123
Huazhu Hotels Group
HTHT
$13.3B
| $725K | ﹤0.01% |
21,529
-52,160
| -71% | -$1.97M |
2023 Q3
3 quarters
|
|
|
ETRN
2124
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $723K | ﹤0.01% |
53,562
-254,254
| -83% | -$3.41M |
2019 Q1
21 quarters
|
|
2125
TKO Group
TKO
$12.9B
| $719K | ﹤0.01% |
6,652
+184
| +3% | +$18.7K |
2023 Q3
3 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.