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 | |
|---|---|---|---|---|---|---|
|
DESP
2226
DELISTED
Despegar.com
DESP
| $603K | ﹤0.01% |
+49,577
| New | +$470K |
|
2227
iShares Emerging Markets Dividend ETF
DVYE
$1.21B
| $603K | ﹤0.01% |
22,886
+20,622
| +911% | +$541K |
|
2228
Newell Brands
NWL
$2.66B
| $601K | ﹤0.01% |
74,838
-93,423
| -56% | -$744K |
|
2229
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $600K | ﹤0.01% |
6,830
+1,434
| +27% | +$119K |
|
2230
DHT Holdings
DHT
$3.14B
| $600K | ﹤0.01% |
52,179
+3,952
| +8% | +$43.4K |
|
2231
Vanguard S&P 500 Growth ETF
VOOG
$27.3B
| $600K | ﹤0.01% |
11,796
+570
| +5% | +$27.5K |
|
2232
Essent Group
ESNT
$6.25B
| $600K | ﹤0.01% |
10,064
+294
| +3% | +$16K |
|
2233
MaxCyte
MXCT
$141M
| $600K | ﹤0.01% |
935
| – | – |
|
2234
Theravance Biopharma
TBPH
$881M
| $599K | ﹤0.01% |
+66,436
| New | +$616K |
|
|
ESGR
2235
DELISTED
Enstar Group
ESGR
| $599K | ﹤0.01% |
1,925
-3,309
| -63% | -$947K |
|
2236
Invesco BulletShares 2030 Municipal Bond ETF
BSMU
$277M
| $597K | ﹤0.01% |
+26,865
| New | +$598K |
|
2237
SentinelOne
S
$7.92B
| $597K | ﹤0.01% |
25,561
-1,396
| -5% | -$36.5K |
|
|
GMS
2238
DELISTED
GMS Inc
GMS
| $595K | ﹤0.01% |
6,099
+89
| +1% | +$7.78K |
|
2239
Griffon
GFF
$4.72B
| $595K | ﹤0.01% |
8,093
+3,538
| +78% | +$231K |
|
2240
Schwab US REIT ETF
SCHH
$11.4B
| $594K | ﹤0.01% |
+29,200
| New | +$585K |
|
2241
CALL
Viper Energy
VNOM
$15.2B
| $593K | ﹤0.01% |
15,400
-244,600
| -94% | -$8.27M |
|
|
ALPN
2242
DELISTED
Alpine Immune Sciences Inc
ALPN
| $589K | ﹤0.01% |
+14,645
| New | +$432K |
|
|
JHG
2243
DELISTED
Janus Henderson
JHG
| $589K | ﹤0.01% |
17,836
+294
| +2% | +$8.99K |
|
2244
Kemper
KMPR
$1.62B
| $589K | ﹤0.01% |
9,458
-5,846
| -38% | -$335K |
|
2245
Global X Hydrogen ETF
HYDR
$103M
| $588K | ﹤0.01% |
+20,850
| New | +$604K |
|
|
SPNS
2246
DELISTED
Sapiens International
SPNS
| $588K | ﹤0.01% |
18,189
| – | – |
|
2247
Innovator US Equity Accelerated 9 Buffer ETF July
XBJL
$75.7M
| $587K | ﹤0.01% |
18,500
| – | – |
|
|
PPBI
2248
DELISTED
Pacific Premier Bancorp
PPBI
| $585K | ﹤0.01% |
24,080
-6,363
| -21% | -$159K |
|
|
HFSI
2249
Hartford Strategic Income ETF
HFSI
$1.09B
| $584K | ﹤0.01% |
17,144
+10,576
| +161% | +$359K |
|
2250
Gates Industrial Corporation Ltd.
GTES
$7.03B
| $584K | ﹤0.01% |
32,977
+1,288
| +4% | +$18.6K |
|
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.