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 | |
|---|---|---|---|---|---|---|---|
2376
Community Bank
CBU
$3.15B
| $475K | ﹤0.01% |
9,879
-3,395
| -26% | -$158K |
2013 Q2
43 quarters
|
|
2377
ICU Medical
ICUI
$3.93B
| $475K | ﹤0.01% |
4,408
-3,767
| -46% | -$375K |
2013 Q2
43 quarters
|
|
2378
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.9B
| $474K | ﹤0.01% |
3,062
+2,675
| +691% | +$408K |
2014 Q4
37 quarters
|
|
2379
WD-40
WDFC
$2.72B
| $474K | ﹤0.01% |
1,858
+40
| +2% | +$10.3K |
2013 Q4
41 quarters
|
|
2380
JPMorgan BetaBuilders Japan ETF
BBJP
$19.6B
| $473K | ﹤0.01% |
8,053
-164
| -2% | -$9.11K |
2023 Q3
2 quarters
|
|
2381
PUT
Birkenstock
BIRK
$5.44B
| $473K | ﹤0.01% |
+10,000
| New | +$478K |
2024 Q1
0 quarters
|
|
2382
Artisan Partners
APAM
$2.57B
| $472K | ﹤0.01% |
10,271
+1,004
| +11% | +$43.1K |
2023 Q2
3 quarters
|
|
2383
Douglas Dynamics
PLOW
$916M
| $472K | ﹤0.01% |
+19,550
| New | +$495K |
2024 Q1
0 quarters
|
|
2384
LeaderShares Dynamic Yield ETF
DYLD
$36.3M
| $471K | ﹤0.01% |
+20,832
| New | +$470K |
2024 Q1
0 quarters
|
|
2385
NYLIM MacKay California Muni Intermediate ETF
MMCA
$88.7M
| $470K | ﹤0.01% |
+21,601
| New | +$470K |
2024 Q1
0 quarters
|
|
|
ARCH
2386
DELISTED
Arch Resources, Inc.
ARCH
| $470K | ﹤0.01% |
2,894
-76,146
| -96% | -$13M |
2019 Q2
19 quarters
|
|
2387
Simplify Health Care ETF
PINK
$353M
| $467K | ﹤0.01% |
15,052
+11,596
| +336% | +$340K |
2023 Q4
1 quarter
|
|
2388
Navient
NAVI
$854M
| $466K | ﹤0.01% |
26,779
-2,070
| -7% | -$34.9K |
2014 Q2
39 quarters
|
|
2389
iShares US Utilities ETF
IDU
$1.33B
| $465K | ﹤0.01% |
5,461
-6,441
| -54% | -$513K |
2021 Q2
11 quarters
|
|
2390
Blackstone Secured Lending
BXSL
$5.57B
| $464K | ﹤0.01% |
14,909
-285
| -2% | -$8.35K |
2023 Q1
4 quarters
|
|
2391
CNA Financial
CNA
$12.4B
| $464K | ﹤0.01% |
10,203
+1,453
| +17% | +$64.1K |
2023 Q1
4 quarters
|
|
2392
Invesco FTSE RAFI US 1000 ETF
PRF
$9.8B
| $464K | ﹤0.01% |
12,047
-1,080
| -8% | -$39.2K |
2013 Q2
43 quarters
|
|
2393
Revolve Group
RVLV
$1.51B
| $464K | ﹤0.01% |
20,126
-13,385
| -40% | -$235K |
2020 Q1
16 quarters
|
|
2394
Alamo Group
ALG
$1.9B
| $464K | ﹤0.01% |
2,029
+60
| +3% | +$12.5K |
2013 Q2
43 quarters
|
|
2395
PENN Entertainment
PENN
$1.95B
| $463K | ﹤0.01% |
25,304
+1,819
| +8% | +$37.6K |
2015 Q3
34 quarters
|
|
2396
Hamilton Insurance Group
HG
$3.33B
| $463K | ﹤0.01% |
+33,239
| New | +$482K |
2024 Q1
0 quarters
|
|
|
EB
2397
DELISTED
Eventbrite
EB
| $462K | ﹤0.01% |
+83,906
| New | +$608K |
2024 Q1
0 quarters
|
|
2398
Apogee Enterprises
APOG
$745M
| $462K | ﹤0.01% |
7,794
-6,205
| -44% | -$343K |
2013 Q2
43 quarters
|
|
2399
PUT
Plug Power
PLUG
$2.64B
| $459K | ﹤0.01% |
130,200
-444,500
| -77% | -$1.65M |
2022 Q1
8 quarters
|
|
2400
UMB Financial
UMBF
$9.87B
| $459K | ﹤0.01% |
5,257
+128
| +2% | +$10.4K |
2013 Q2
43 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.