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 | |
|---|---|---|---|---|---|---|---|
2451
Agilon Health
AGL
$1.38B
| $404K | ﹤0.01% |
+2,467
| New | +$351K |
2024 Q2
0 quarters
|
|
2452
First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF
FPXI
$281M
| $403K | ﹤0.01% |
+8,400
| New | +$391K |
2024 Q2
0 quarters
|
|
2453
Alamo Group
ALG
$1.9B
| $400K | ﹤0.01% |
2,204
+175
| +9% | +$34.1K |
2013 Q2
44 quarters
|
|
2454
Nuveen Quality Municipal Income Fund
NAD
$2.38B
| $400K | ﹤0.01% |
30,817
-16,047
| -34% | -$181K |
2023 Q4
2 quarters
|
|
2455
Cardlytics
CDLX
$15.5M
| $400K | ﹤0.01% |
4,853
-5,893
| -55% | -$637K |
2020 Q2
16 quarters
|
|
2456
Nuveen Municipal Credit Income Fund
NZF
$2.14B
| $400K | ﹤0.01% |
29,039
-15,126
| -34% | -$182K |
2022 Q1
9 quarters
|
|
2457
First Bancorp
FBP
$4.07B
| $399K | ﹤0.01% |
21,793
-3,954
| -15% | -$69.2K |
2013 Q2
44 quarters
|
|
2458
Smart Sand
SND
$219M
| $399K | ﹤0.01% |
189,000
-59,525
| -24% | -$126K |
2023 Q4
2 quarters
|
|
2459
Gibraltar Industries
ROCK
$1.18B
| $399K | ﹤0.01% |
5,668
+1
| +0% | +$73 |
2013 Q2
44 quarters
|
|
2460
NewMarket
NEU
$8.47B
| $399K | ﹤0.01% |
739
+33
| +5% | +$18.4K |
2021 Q3
11 quarters
|
|
2461
Rush Enterprises Class A
RUSHA
$5.39B
| $399K | ﹤0.01% |
13,836
+259
| +2% | +$7.93K |
2023 Q1
5 quarters
|
|
2462
Trinity Industries
TRN
$2.06B
| $398K | ﹤0.01% |
13,186
+80
| +0.6% | +$2.33K |
2013 Q2
44 quarters
|
|
2463
Ingles Markets
IMKTA
$1.61B
| $398K | ﹤0.01% |
5,591
+2,525
| +82% | +$183K |
2023 Q4
2 quarters
|
|
2464
Aspen Aerogels
ASPN
$461M
| $398K | ﹤0.01% |
12,980
-75
| -0.6% | -$1.76K |
2023 Q2
4 quarters
|
|
2465
TransUnion
TRU
$11.9B
| $397K | ﹤0.01% |
5,292
-10,778
| -67% | -$804K |
2022 Q3
7 quarters
|
|
2466
Columbia India Consumer ETF
INCO
$205M
| $397K | ﹤0.01% |
5,675
-35,812
| -86% | -$2.37M |
2024 Q1
1 quarter
|
|
2467
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.05B
| $396K | ﹤0.01% |
31,559
-16,560
| -34% | -$181K |
2023 Q4
2 quarters
|
|
|
GTM
2468
ZoomInfo Technologies
GTM
$1.12B
| $396K | ﹤0.01% |
31,000
-3,775
| -11% | -$52.8K |
2022 Q2
8 quarters
|
|
2469
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$611M
| $396K | ﹤0.01% |
4,882
-398
| -8% | -$32.5K |
2020 Q2
16 quarters
|
|
2470
Corcept Therapeutics
CORT
$12.3B
| $395K | ﹤0.01% |
12,156
+580
| +5% | +$15.9K |
2015 Q4
34 quarters
|
|
2471
Enpro
NPO
$6.69B
| $395K | ﹤0.01% |
2,595
+80
| +3% | +$12.1K |
2022 Q3
7 quarters
|
|
2472
Lloyds Banking Group
LYG
$78B
| $395K | ﹤0.01% |
140,574
+78,530
| +127% | +$211K |
2013 Q2
44 quarters
|
|
2473
Progyny
PGNY
$1.91B
| $395K | ﹤0.01% |
13,794
-287
| -2% | -$8.64K |
2022 Q3
7 quarters
|
|
2474
Universal Technical Institute
UTI
$1.05B
| $393K | ﹤0.01% |
25,002
| – | – |
2023 Q1
5 quarters
|
|
2475
NMI Holdings
NMIH
$2.86B
| $393K | ﹤0.01% |
11,538
+120
| +1% | +$3.86K |
2015 Q4
34 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.