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 | |
|---|---|---|---|---|---|---|
2451
CALL
Cameco
CCJ
$42.6B
| $428K | ﹤0.01% |
10,000
-40,000
| -80% | -$1.75M |
|
2452
CALL
Amplify Alternative Harvest ETF
MJ
$110M
| $427K | ﹤0.01% |
8,333
| – | – |
|
2453
Brink's
BCO
$4.71B
| $427K | ﹤0.01% |
4,582
+100
| +2% | +$8.31K |
|
2454
Enpro
NPO
$7.27B
| $426K | ﹤0.01% |
2,515
+79
| +3% | +$12.3K |
|
2455
iShares Morningstar Mid-Cap Growth ETF
IMCG
$4.17B
| $425K | ﹤0.01% |
6,006
| – | – |
|
2456
FormFactor
FORM
$10.3B
| $424K | ﹤0.01% |
9,254
+241
| +3% | +$10K |
|
2457
IQ Candriam International Equity ETF
IQSI
$276M
| $424K | ﹤0.01% |
14,202
+630
| +5% | +$18.1K |
|
2458
VanEck Indonesia Index ETF
IDX
$36.6M
| $424K | ﹤0.01% |
+25,500
| New | +$418K |
|
2459
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.04B
| $424K | ﹤0.01% |
10,307
-1,897
| -16% | -$74.2K |
|
2460
Vanguard Materials ETF
VAW
$3.07B
| $423K | ﹤0.01% |
2,069
+385
| +23% | +$73.1K |
|
2461
ProShares Ultra QQQ
QLD
$14.4B
| $423K | ﹤0.01% |
9,616
| – | – |
|
2462
Korn Ferry
KFY
$4.32B
| $423K | ﹤0.01% |
6,428
+299
| +5% | +$18K |
|
2463
McGrath RentCorp
MGRC
$2.99B
| $422K | ﹤0.01% |
+3,420
| New | +$413K |
|
2464
iShares MSCI Singapore ETF
EWS
$1.17B
| $421K | ﹤0.01% |
22,926
+21,491
| +1,498% | +$388K |
|
2465
Global X Copper Miners ETF NEW
COPX
$7.98B
| $421K | ﹤0.01% |
9,919
+3,982
| +67% | +$148K |
|
2466
Plexus
PLXS
$7.13B
| $421K | ﹤0.01% |
4,443
-2,111
| -32% | -$203K |
|
2467
Pacer Trendpilot US Large Cap ETF
PTLC
$3.38B
| $421K | ﹤0.01% |
8,811
-893
| -9% | -$40.5K |
|
2468
Telefônica Brasil
VIV
$18.2B
| $421K | ﹤0.01% |
41,509
-323
| -0.8% | -$3.4K |
|
2469
California Resources
CRC
$4.73B
| $421K | ﹤0.01% |
7,632
+1,700
| +29% | +$88.8K |
|
|
GRFS
2470
Grifois
GRFS
$5.29B
| $420K | ﹤0.01% |
62,854
-4,217
| -6% | -$32.9K |
|
2471
Sanmina
SANM
$11.3B
| $419K | ﹤0.01% |
6,722
+1,290
| +24% | +$75K |
|
2472
Sonos
SONO
$1.93B
| $419K | ﹤0.01% |
21,687
-22,241
| -51% | -$394K |
|
|
TPH
2473
DELISTED
Tri Pointe Homes
TPH
| $418K | ﹤0.01% |
10,758
-1,421
| -12% | -$49.8K |
|
2474
Dr. Reddy's Laboratories
RDY
$10.2B
| $416K | ﹤0.01% |
+28,280
| New | +$413K |
|
2475
AdvisorShares Pure US Cannabis ETF
MSOS
$930M
| $415K | ﹤0.01% |
40,536
+562
| +1% | +$4.92K |
|
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.