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 |
Strategy Inc
MSTR
|
+$805M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$350M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$240M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$238M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$237M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$2.03B |
| 2 |
Mastercard
MA
|
+$1.71B |
| 3 |
Flutter Entertainment
FLUT
|
+$799M |
| 4 |
Amazon
AMZN
|
+$710M |
| 5 |
Apple
AAPL
|
+$659M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.23% |
| 2 | Technology | 20.47% |
| 3 | Communication Services | 8.14% |
| 4 | Consumer Discretionary | 6.73% |
| 5 | Industrials | 6.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Invesco Financial Preferred ETF
PGF
$667M
| $405K | ﹤0.01% |
27,840
-16,969
| -38% | -$258K |
|
2252
JFrog
FROG
$11.6B
| $405K | ﹤0.01% |
+13,760
| New | +$418K |
|
2253
Penske Automotive Group
PAG
$14.4B
| $404K | ﹤0.01% |
2,651
+160
| +6% | +$25.4K |
|
2254
Impinj
PI
$5.25B
| $404K | ﹤0.01% |
2,781
+260
| +10% | +$49.3K |
|
2255
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.93B
| $402K | ﹤0.01% |
13,852
+1,545
| +13% | +$48.1K |
|
2256
American Eagle Outfitters
AEO
$2.73B
| $402K | ﹤0.01% |
24,130
+2,340
| +11% | +$44.3K |
|
2257
Shoals Technologies Group
SHLS
$1.41B
| $402K | ﹤0.01% |
72,627
+28,319
| +64% | +$144K |
|
|
HI
2258
DELISTED
Hillenbrand
HI
| $401K | ﹤0.01% |
13,039
+746
| +6% | +$22.5K |
|
2259
Ubiquiti
UI
$34.7B
| $401K | ﹤0.01% |
1,208
+134
| +12% | +$40.3K |
|
2260
iShares Russell Top 200 Value ETF
IWX
$4.04B
| $400K | ﹤0.01% |
5,066
| – | – |
|
2261
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$4.19B
| $400K | ﹤0.01% |
7,352
+5,330
| +264% | +$274K |
|
2262
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.38B
| $400K | ﹤0.01% |
3,664
-198
| -5% | -$22.4K |
|
2263
Visteon
VC
$2.87B
| $397K | ﹤0.01% |
4,472
+571
| +15% | +$52.2K |
|
2264
Resideo Technologies
REZI
$3.09B
| $397K | ﹤0.01% |
17,205
+1,788
| +12% | +$41.9K |
|
2265
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$457M
| $395K | ﹤0.01% |
14,270
-106,480
| -88% | -$2.95M |
|
|
PPLI
2266
People Inc
PPLI
$2.99B
| $395K | ﹤0.01% |
+11,153
| New | +$447K |
|
|
AMED
2267
DELISTED
Amedisys
AMED
| $394K | ﹤0.01% |
4,343
-8,750
| -67% | -$804K |
|
2268
Invesco Trust Investment Grade Municipals
VGM
$568M
| $394K | ﹤0.01% |
39,005
+1,504
| +4% | +$15.5K |
|
2269
Synaptics
SYNA
$4.22B
| $394K | ﹤0.01% |
5,161
+834
| +19% | +$63.2K |
|
2270
Invesco Municipal Trust
VKQ
$551M
| $393K | ﹤0.01% |
40,107
+1,436
| +4% | +$14.4K |
|
2271
Middlesex Water
MSEX
$1.1B
| $393K | ﹤0.01% |
7,474
+250
| +3% | +$15.7K |
|
2272
CALL
RUM Group Inc
RUM
$3.75B
| $390K | ﹤0.01% |
30,000
-50,000
| -63% | -$356K |
|
2273
Diamondrock Hospitality Co
DRH
$2.53B
| $390K | ﹤0.01% |
43,203
-117,383
| -73% | -$1.07M |
|
2274
Kohl's
KSS
$2.22B
| $390K | ﹤0.01% |
27,783
+4,694
| +20% | +$80.9K |
|
2275
WisdomTree International Quality Dividend Growth Fund
IQDG
$731M
| $389K | ﹤0.01% |
11,368
-1,353
| -11% | -$49.2K |
|
Similar funds
Bank of Montreal's Q4 2024 Portfolio in Review
As of Q4 2024, Bank of Montreal held 4,060 positions worth $215B, down 5.6% from $227B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Bank of Montreal withdrew a net $15.8B in Q4 2024, closing 568 positions and reducing 1,357 holdings. Its most notable exit was Brookfield Infrastructure, an estimated $164M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 22% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in South Bow Corp worth $126M.
- Bank of Montreal's largest Q4 2024 buy was South Bow Corp: 5,349,368 shares worth $126M.
- Bank of Montreal added most to Strategy Inc in Q4 2024, an estimated $805M increase.
- Bank of Montreal's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $2.03B.
- Bank of Montreal fully exited Brookfield Infrastructure in Q4 2024, selling an estimated $164M.
- Bank of Montreal's ten largest holdings make up 27% of its $215B portfolio in Q4 2024.
- Bank of Montreal opened 258 new positions and closed 568 in Q4 2024.
- Bank of Montreal's portfolio value fell 5.6% quarter-over-quarter to $215B.
Based on Bank of Montreal's 13F filing for Q4 2024, filed 13 Feb 2025.