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 |
Snowflake
SNOW
|
+$413M |
| 2 |
Microsoft
MSFT
|
+$334M |
| 3 |
ExxonMobil
XOM
|
+$296M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$291M |
| 5 |
Tesla
TSLA
|
+$256M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.83B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.23B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.17B |
| 4 |
NVIDIA
NVDA
|
+$518M |
| 5 |
Mastercard
MA
|
+$482M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.31% |
| 2 | Consumer Discretionary | 19.56% |
| 3 | Technology | 15.19% |
| 4 | Financials | 13.61% |
| 5 | Miscellaneous | 10.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2301
Plains GP Holdings
PAGP
$5.13B
| $509K | ﹤0.01% |
27,046
-4,642
| -15% | -$85.2K |
2022 Q4
6 quarters
|
|
|
GRFS
2302
Grifois
GRFS
$4.97B
| $509K | ﹤0.01% |
70,640
+7,786
| +12% | +$54.1K |
2023 Q2
4 quarters
|
|
2303
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.52B
| $508K | ﹤0.01% |
15,357
+13,179
| +605% | +$432K |
2023 Q2
4 quarters
|
|
2304
VanEck IG Floating Rate ETF
FLTR
$3.32B
| $508K | ﹤0.01% |
19,900
| – | – |
2013 Q2
44 quarters
|
|
2305
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.57B
| $507K | ﹤0.01% |
8,898
-274
| -3% | -$15.5K |
2020 Q3
15 quarters
|
|
|
PPLI
2306
People Inc
PPLI
$3.05B
| $506K | ﹤0.01% |
+13,165
| New | +$544K |
2024 Q2
0 quarters
|
|
2307
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$995M
| $506K | ﹤0.01% |
6,635
-7,134
| -52% | -$539K |
2023 Q1
5 quarters
|
|
2308
BRC Inc
BRCC
$127M
| $505K | ﹤0.01% |
+7,425
| New | +$386K |
2024 Q2
0 quarters
|
|
|
TUP
2309
DELISTED
Tupperware Brands Corporation
TUP
| $505K | ﹤0.01% |
355,315
| – | – |
2024 Q1
1 quarter
|
|
2310
International Bancshares
IBOC
$4.3B
| $504K | ﹤0.01% |
8,789
+127
| +1% | +$7.15K |
2013 Q2
44 quarters
|
|
2311
iShares Broad USD High Yield Corporate Bond ETF
USHY
$26.6B
| $504K | ﹤0.01% |
13,835
-779,806
| -98% | -$28.2M |
2021 Q4
10 quarters
|
|
|
PPBI
2312
DELISTED
Pacific Premier Bancorp
PPBI
| $504K | ﹤0.01% |
21,895
-2,185
| -9% | -$48.5K |
2017 Q3
27 quarters
|
|
|
UCB
2313
United Community Banks
UCB
$4.02B
| $503K | ﹤0.01% |
19,637
-22,352
| -53% | -$570K |
2013 Q3
43 quarters
|
|
2314
iShares MSCI USA Momentum Factor ETF
MTUM
$21.2B
| $502K | ﹤0.01% |
2,573
+1,231
| +92% | +$230K |
2017 Q2
28 quarters
|
|
2315
PUT
Gen Digital
GEN
$13.3B
| $500K | ﹤0.01% |
+20,000
| New | +$458K |
2024 Q2
0 quarters
|
|
2316
Blackstone Secured Lending
BXSL
$5.57B
| $499K | ﹤0.01% |
15,717
+808
| +5% | +$25.3K |
2023 Q1
5 quarters
|
|
2317
PUT
American Airlines Group
AAL
$8.69B
| $499K | ﹤0.01% |
43,500
-685,500
| -94% | -$9.01M |
2022 Q1
9 quarters
|
|
2318
AAR Corp
AIR
$4.02B
| $497K | ﹤0.01% |
6,829
-328
| -5% | -$22.2K |
2013 Q2
44 quarters
|
|
2319
Tidewater
TDW
$4.09B
| $497K | ﹤0.01% |
+4,792
| New | +$473K |
2024 Q2
0 quarters
|
|
2320
WD-40
WDFC
$2.72B
| $496K | ﹤0.01% |
2,209
+351
| +19% | +$81.2K |
2013 Q4
42 quarters
|
|
2321
Azenta
AZTA
$1.51B
| $495K | ﹤0.01% |
9,082
-469
| -5% | -$25.1K |
2013 Q2
44 quarters
|
|
2322
Humacyte
HUMA
$140M
| $495K | ﹤0.01% |
+98,601
| New | +$513K |
2024 Q2
0 quarters
|
|
2323
Visteon
VC
$2.36B
| $495K | ﹤0.01% |
4,616
-7,228
| -61% | -$799K |
2013 Q2
44 quarters
|
|
2324
Franklin FTSE Asia ex Japan ETF
FLAX
$58.7M
| $492K | ﹤0.01% |
21,500
+11,562
| +116% | +$260K |
2023 Q4
2 quarters
|
|
2325
Invesco FTSE RAFI US 1000 ETF
PRF
$9.8B
| $492K | ﹤0.01% |
12,837
+790
| +7% | +$29.8K |
2013 Q2
44 quarters
|
|
Similar funds
Bank of Montreal's Q2 2024 Portfolio in Review
As of Q2 2024, Bank of Montreal held 4,374 positions worth $344B, up 4.4% from $330B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q2 2024 filing shows 544 new, 1,524 increased, 1,340 reduced and 563 closed positions. Its largest new stake was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M. The largest sale was Alibaba, an estimated $1.83B.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, down from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q2 2024 buy was Ferrovial N.V. Ordinary Shares: 1,756,433 shares worth $69.7M.
- Bank of Montreal added most to Snowflake in Q2 2024, an estimated $413M increase.
- Bank of Montreal's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.23B.
- Bank of Montreal fully exited Alibaba in Q2 2024, selling an estimated $1.83B.
- Bank of Montreal's ten largest holdings make up 51% of its $344B portfolio in Q2 2024.
- Bank of Montreal opened 544 new positions and closed 563 in Q2 2024.
- Bank of Montreal's portfolio value rose 4.4% quarter-over-quarter to $344B.
Based on Bank of Montreal's 13F filing for Q2 2024, filed 14 Aug 2024.