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 | |
|---|---|---|---|---|---|---|
2351
Horace Mann Educators
HMN
$2.13B
| $497K | ﹤0.01% |
13,440
-111
| -0.8% | -$3.94K |
|
2352
Brendan Wood TopGun Index ETF
BWTG
$21.1M
| $497K | ﹤0.01% |
15,725
+425
| +3% | +$12.8K |
|
2353
State Street SPDR S&P Semiconductor ETF
XSD
$2.93B
| $497K | ﹤0.01% |
2,067
+831
| +67% | +$183K |
|
2354
Eastern Company
EML
$153M
| $493K | ﹤0.01% |
+14,400
| New | +$365K |
|
2355
Sensient Technologies
SXT
$5.68B
| $493K | ﹤0.01% |
7,100
-3,083
| -30% | -$200K |
|
2356
AeroVironment
AVAV
$9.76B
| $493K | ﹤0.01% |
3,203
-28,428
| -90% | -$3.8M |
|
2357
First Trust Cloud Computing ETF
SKYY
$3.31B
| $492K | ﹤0.01% |
5,114
-913
| -15% | -$84.2K |
|
2358
Worthington Enterprises
WOR
$2.87B
| $492K | ﹤0.01% |
7,884
-158
| -2% | -$9.41K |
|
2359
Philips
PHG
$26.7B
| $491K | ﹤0.01% |
24,191
-492,144
| -95% | -$9.43M |
|
2360
AZZ Inc
AZZ
$4.55B
| $491K | ﹤0.01% |
6,276
-7,044
| -53% | -$476K |
|
|
TUP
2361
DELISTED
Tupperware Brands Corporation
TUP
| $490K | ﹤0.01% |
+355,315
| New | +$567K |
|
2362
Oceaneering
OII
$5.2B
| $490K | ﹤0.01% |
20,909
-26
| -0.1% | -$546 |
|
2363
Tenaris
TS
$27B
| $490K | ﹤0.01% |
+12,477
| New | +$432K |
|
2364
Smart Sand
SND
$219M
| $490K | ﹤0.01% |
248,525
+5,325
| +2% | +$10.2K |
|
2365
Energizer
ENR
$1.56B
| $489K | ﹤0.01% |
16,595
+135
| +0.8% | +$4.08K |
|
2366
Malibu Boats
MBUU
$576M
| $489K | ﹤0.01% |
11,257
+5,041
| +81% | +$231K |
|
2367
International Bancshares
IBOC
$4.56B
| $488K | ﹤0.01% |
8,662
+160
| +2% | +$8.49K |
|
2368
EPR Properties
EPR
$4.69B
| $488K | ﹤0.01% |
11,492
+64
| +0.6% | +$2.79K |
|
2369
Hawkins
HWKN
$2.74B
| $487K | ﹤0.01% |
6,302
+541
| +9% | +$37.1K |
|
2370
Rush Enterprises Class A
RUSHA
$9.6B
| $486K | ﹤0.01% |
9,051
+518
| +6% | +$24.5K |
|
2371
Cirrus Logic
CRUS
$6.07B
| $485K | ﹤0.01% |
5,232
+200
| +4% | +$17.3K |
|
|
PMX
2372
DELISTED
PIMCO Municipal Income Fund III
PMX
| $485K | ﹤0.01% |
59,655
+4,278
| +8% | +$31.9K |
|
2373
State Street SPDR Bloomberg 1-10 Year TIPS ETF
TIPX
$2.04B
| $481K | ﹤0.01% |
+25,800
| New | +$478K |
|
2374
Banco Santander
SAN
$211B
| $476K | ﹤0.01% |
98,248
-6,040
| -6% | -$25.2K |
|
2375
Ennis
EBF
$559M
| $475K | ﹤0.01% |
22,842
+6,751
| +42% | +$138K |
|
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.