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 | |
|---|---|---|---|---|---|---|
2101
Distillate US Fundamental Stability & Value ETF
DSTL
$2.08B
| $678K | ﹤0.01% |
+11,985
| New | +$650K |
|
2102
iShares US Infrastructure ETF
IFRA
$4.66B
| $678K | ﹤0.01% |
14,456
+7,191
| +99% | +$321K |
|
2103
Alerian MLP ETF
AMLP
$13.2B
| $675K | ﹤0.01% |
14,360
+3,444
| +32% | +$163K |
|
2104
Beazer Homes USA
BZH
$872M
| $672K | ﹤0.01% |
19,782
-1,300
| -6% | -$40K |
|
2105
ICU Medical
ICUI
$4.58B
| $670K | ﹤0.01% |
3,843
+90
| +2% | +$13.3K |
|
2106
Piper Sandler
PIPR
$5.41B
| $670K | ﹤0.01% |
9,504
+456
| +5% | +$29.8K |
|
2107
Amplify Cybersecurity ETF
HACK
$2.98B
| $670K | ﹤0.01% |
9,839
-221
| -2% | -$14.4K |
|
2108
Iridium Communications
IRDM
$5.32B
| $668K | ﹤0.01% |
21,543
-86,449
| -80% | -$2.36M |
|
2109
CALL
Constellation Energy
CEG
$100B
| $668K | ﹤0.01% |
2,600
| – | – |
|
|
OLO
2110
DELISTED
Olo Inc
OLO
| $667K | ﹤0.01% |
136,398
-67,359
| -33% | -$333K |
|
|
SPNS
2111
DELISTED
Sapiens International
SPNS
| $666K | ﹤0.01% |
18,189
| – | – |
|
2112
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $666K | ﹤0.01% |
+5,173
| New | +$647K |
|
2113
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.27B
| $666K | ﹤0.01% |
3,134
-96
| -3% | -$19.7K |
|
2114
FNB Corp
FNB
$6.93B
| $665K | ﹤0.01% |
47,849
+170
| +0.4% | +$2.43K |
|
|
SEM
2115
DELISTED
Select Medical
SEM
| $664K | ﹤0.01% |
35,567
-299,563
| -89% | -$5.74M |
|
2116
Asana
ASAN
$2.11B
| $664K | ﹤0.01% |
56,566
-1,640
| -3% | -$21.6K |
|
2117
Mobileye
MBLY
$7.58B
| $664K | ﹤0.01% |
+46,109
| New | +$808K |
|
2118
Samsara
IOT
$23.2B
| $663K | ﹤0.01% |
13,950
-1,958
| -12% | -$79.4K |
|
2119
Capital Group Dividend Value ETF
CGDV
$38.8B
| $662K | ﹤0.01% |
18,147
| – | – |
|
2120
Envista
NVST
$4.51B
| $657K | ﹤0.01% |
33,270
-40,359
| -55% | -$703K |
|
2121
SLM Corp
SLM
$5.27B
| $655K | ﹤0.01% |
29,043
-8,289
| -22% | -$179K |
|
2122
Calvert International Responsible Index ETF
CVIE
$483M
| $655K | ﹤0.01% |
+11,909
| New | +$690K |
|
2123
Rambus
RMBS
$10.9B
| $654K | ﹤0.01% |
15,525
+1,072
| +7% | +$52K |
|
2124
iShares US Healthcare Providers ETF
IHF
$1.27B
| $654K | ﹤0.01% |
11,490
| – | – |
|
2125
Radian Group
RDN
$4.98B
| $653K | ﹤0.01% |
18,754
-1,899
| -9% | -$65.7K |
|
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.