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 | Miscellaneous | 10.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2301
John Hancock Multifactor Emerging Markets ETF
JHEM
$981M
| $536K | ﹤0.01% |
+20,653
| New | +$520K |
2024 Q1
0 quarters
|
|
2302
Schwab Fundamental International Small Company Index ETF
FNDC
$3.08B
| $536K | ﹤0.01% |
15,099
+589
| +4% | +$20.2K |
2020 Q4
13 quarters
|
|
|
PGRE
2303
DELISTED
Paramount Group
PGRE
| $535K | ﹤0.01% |
113,825
+102,040
| +866% | +$480K |
2023 Q1
4 quarters
|
|
2304
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$584M
| $534K | ﹤0.01% |
13,889
-6,596
| -32% | -$243K |
2021 Q2
11 quarters
|
|
|
ARI
2305
Apollo Commercial Real Estate
ARI
$805M
| $533K | ﹤0.01% |
47,772
+4,074
| +9% | +$45.7K |
2013 Q2
43 quarters
|
|
2306
Enova International
ENVA
$4.32B
| $532K | ﹤0.01% |
8,443
-54,321
| -87% | -$3.18M |
2023 Q4
1 quarter
|
|
2307
Amplify Cybersecurity ETF
HACK
$3.36B
| $530K | ﹤0.01% |
8,238
+1,212
| +17% | +$76.9K |
2015 Q2
35 quarters
|
|
2308
VanEck Steel ETF
SLX
$161M
| $530K | ﹤0.01% |
7,288
+7,225
| +11,468% | +$507K |
2022 Q2
7 quarters
|
|
2309
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.3B
| $529K | ﹤0.01% |
434
-29
| -6% | -$34.7K |
2021 Q4
9 quarters
|
|
2310
Enovis
ENOV
$1.04B
| $528K | ﹤0.01% |
8,449
-988
| -10% | -$59.1K |
2022 Q4
5 quarters
|
|
2311
First Financial Bankshares
FFIN
$4.61B
| $527K | ﹤0.01% |
16,032
+563
| +4% | +$17.3K |
2013 Q2
43 quarters
|
|
2312
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.87B
| $527K | ﹤0.01% |
15,810
| – | – |
2023 Q4
1 quarter
|
|
2313
Innovator US Small Cap Power Buffer ETF January
KJAN
$320M
| $526K | ﹤0.01% |
14,850
+4,900
| +49% | +$168K |
2020 Q1
16 quarters
|
|
|
IAUF
2314
DELISTED
iShares Gold Strategy ETF
IAUF
| $525K | ﹤0.01% |
9,000
-8,359
| -48% | -$456K |
2023 Q3
2 quarters
|
|
2315
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.3B
| $524K | ﹤0.01% |
5,441
-39
| -0.7% | -$3.74K |
2013 Q2
43 quarters
|
|
2316
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $522K | ﹤0.01% |
9,172
+4,227
| +85% | +$236K |
2020 Q3
14 quarters
|
|
|
BCTX
2317
Briacell Therapeutics
BCTX
$37.4M
| $521K | ﹤0.01% |
895
+534
| +148% | +$294K |
2022 Q3
6 quarters
|
|
|
HRT
2318
DELISTED
HireRight Holdings Corporation
HRT
| $520K | ﹤0.01% |
+36,407
| New | +$488K |
2024 Q1
0 quarters
|
|
2319
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$153M
| $519K | ﹤0.01% |
+20,197
| New | +$502K |
2024 Q1
0 quarters
|
|
|
CIVI
2320
CALL
DELISTED
Civitas Resources
CIVI
| $519K | ﹤0.01% |
+6,800
| New | +$455K |
2024 Q1
0 quarters
|
|
2321
Axcelis
ACLS
$4.52B
| $516K | ﹤0.01% |
4,593
+359
| +8% | +$42.8K |
2017 Q1
28 quarters
|
|
2322
Liberty Global Class C
LBTYK
$2.99B
| $516K | ﹤0.01% |
29,209
+416
| +1% | +$8K |
2014 Q1
40 quarters
|
|
2323
WisdomTree US MidCap Dividend Fund
DON
$3.8B
| $515K | ﹤0.01% |
10,552
-367
| -3% | -$16.8K |
2013 Q2
43 quarters
|
|
2324
VanEck Agribusiness ETF
MOO
$1.16B
| $515K | ﹤0.01% |
5,364
-2,939
| -35% | -$214K |
2013 Q2
43 quarters
|
|
|
GDVD
2325
DELISTED
Copper Place Global Dividend Growth ETF
GDVD
| $514K | ﹤0.01% |
+21,170
| New | +$500K |
2024 Q1
0 quarters
|
|
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's Q1 2024 filing shows 537 new, 1,393 increased, 1,522 reduced and 666 closed positions. Its largest new stake was Analog Devices: 663,817 shares worth $59.7M. The largest sale was Invesco QQQ Trust, an estimated $1.07B.
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.
- 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.