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 | Industrials | 4.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
Empire State Realty Trust
ESRT
$822M
| $644K | ﹤0.01% |
63,577
+37,742
| +146% | +$372K |
|
2177
Guardant Health
GH
$21.1B
| $642K | ﹤0.01% |
+28,865
| New | +$619K |
|
2178
C3.ai
AI
$1.54B
| $639K | ﹤0.01% |
23,114
-554
| -2% | -$15.6K |
|
|
IBMN
2179
DELISTED
iShares iBonds Dec 2025 Term Muni Bond ETF
IBMN
| $638K | ﹤0.01% |
+24,101
| New | +$638K |
|
2180
Alkermes
ALKS
$8.23B
| $636K | ﹤0.01% |
22,594
-10,413
| -32% | -$296K |
|
2181
CALL
Kimberly-Clark
KMB
$36.7B
| $636K | ﹤0.01% |
+5,000
| New | +$614K |
|
2182
DigitalOcean
DOCN
$15.3B
| $636K | ﹤0.01% |
16,269
+3,986
| +32% | +$148K |
|
2183
Watts Water Technologies
WTS
$12.8B
| $635K | ﹤0.01% |
2,984
-81
| -3% | -$16.4K |
|
2184
Camping World
CWH
$662M
| $634K | ﹤0.01% |
+22,768
| New | +$587K |
|
2185
ESAB
ESAB
$5.27B
| $634K | ﹤0.01% |
5,710
+170
| +3% | +$15.9K |
|
2186
CALL
Equity Residential
EQR
$24.7B
| $633K | ﹤0.01% |
+10,000
| New | +$609K |
|
2187
Lucid Motors
LCID
$2.45B
| $632K | ﹤0.01% |
22,167
-107,823
| -83% | -$3.44M |
|
2188
OceanFirst Financial
OCFC
$1.91B
| $631K | ﹤0.01% |
+38,362
| New | +$619K |
|
2189
Avista
AVA
$3.28B
| $630K | ﹤0.01% |
17,972
-7,210
| -29% | -$246K |
|
2190
Capital Group Dividend Value ETF
CGDV
$38.8B
| $629K | ﹤0.01% |
+19,347
| New | +$595K |
|
2191
AtriCure
ATRC
$2.25B
| $628K | ﹤0.01% |
20,610
| – | – |
|
|
CET
2192
Central Securities Corp
CET
$1.63B
| $628K | ﹤0.01% |
12,342
| – | – |
|
2193
BlueLinx
BXC
$680M
| $627K | ﹤0.01% |
4,806
| – | – |
|
2194
Novanta
NOVT
$6.3B
| $626K | ﹤0.01% |
3,508
+70
| +2% | +$11.5K |
|
2195
Golar LNG
GLNG
$5.34B
| $626K | ﹤0.01% |
+25,899
| New | +$577K |
|
2196
Champion Homes
SKY
$5.13B
| $625K | ﹤0.01% |
7,331
+3,019
| +70% | +$233K |
|
2197
National Beverage
FIZZ
$2.93B
| $624K | ﹤0.01% |
11,812
+7,476
| +172% | +$366K |
|
2198
Prothena Corp
PRTA
$455M
| $622K | ﹤0.01% |
+24,880
| New | +$740K |
|
2199
CALL
Datadog
DDOG
$91.7B
| $620K | ﹤0.01% |
5,000
-75,000
| -94% | -$9.43M |
|
2200
Materion
MTRN
$5.9B
| $620K | ﹤0.01% |
4,550
+261
| +6% | +$33.1K |
|
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 withdrew a net $11.8B in Q1 2024, closing 666 positions and reducing 1,523 holdings. Its most notable exit was SPDR Gold MiniShares Trust, an estimated $69.1M position sold in full.
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.
Against the trend, Bank of Montreal opened a new position in Analog Devices worth $59.7M.
- 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.