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 |
NVIDIA
NVDA
|
+$1.87B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 3 |
Mastercard
MA
|
+$914M |
| 4 |
CrowdStrike
CRWD
|
+$860M |
| 5 |
ServiceNow
NOW
|
+$769M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$645M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$566M |
| 3 |
Royal Bank of Canada
RY
|
+$545M |
| 4 |
Snowflake
SNOW
|
+$486M |
| 5 |
Microsoft
MSFT
|
+$445M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.58% |
| 2 | Technology | 19.56% |
| 3 | Miscellaneous | 16.04% |
| 4 | Communication Services | 7.69% |
| 5 | Industrials | 6.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2451
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.87B
| $388K | ﹤0.01% |
+3,900
| New | +$387K |
2024 Q3
0 quarters
|
|
|
CGC
2452
Canopy Growth
CGC
$373M
| $386K | ﹤0.01% |
84,173
-31,094
| -27% | -$188K |
2018 Q2
25 quarters
|
|
2453
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $386K | ﹤0.01% |
5,514
-131
| -2% | -$9.13K |
2013 Q2
45 quarters
|
|
2454
Interface
TILE
$1.99B
| $386K | ﹤0.01% |
20,979
+291
| +1% | +$5.02K |
2023 Q2
5 quarters
|
|
2455
Kadant
KAI
$3.11B
| $385K | ﹤0.01% |
1,150
| – | – |
2020 Q2
17 quarters
|
|
2456
SelectQuote
SLQT
$75.2M
| $384K | ﹤0.01% |
200,001
| – | – |
2024 Q2
1 quarter
|
|
2457
Brady Corp
BRC
$3.95B
| $384K | ﹤0.01% |
5,098
-416
| -8% | -$29.6K |
2013 Q2
45 quarters
|
|
|
POWR
2458
iShares U.S. Power Infrastructure ETF
POWR
$441M
| $383K | ﹤0.01% |
+15,706
| New | +$397K |
2024 Q3
0 quarters
|
|
2459
Azenta
AZTA
$1.51B
| $383K | ﹤0.01% |
7,747
-1,335
| -15% | -$69.4K |
2013 Q2
45 quarters
|
|
2460
Park National Corp
PRK
$3.24B
| $382K | ﹤0.01% |
2,307
+44
| +2% | +$7.29K |
2015 Q4
35 quarters
|
|
2461
Alamo Group
ALG
$1.9B
| $382K | ﹤0.01% |
2,109
-95
| -4% | -$16.9K |
2013 Q2
45 quarters
|
|
2462
Nuveen Municipal Credit Income Fund
NZF
$2.14B
| $381K | ﹤0.01% |
29,321
+282
| +1% | +$3.58K |
2022 Q1
10 quarters
|
|
2463
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.05B
| $381K | ﹤0.01% |
31,870
+311
| +1% | +$3.62K |
2023 Q4
3 quarters
|
|
2464
iShares MSCI Intl Quality Factor ETF
IQLT
$13.6B
| $380K | ﹤0.01% |
9,135
+5,050
| +124% | +$201K |
2022 Q4
7 quarters
|
|
2465
Nuveen Quality Municipal Income Fund
NAD
$2.38B
| $380K | ﹤0.01% |
30,810
-7
| -0% | -$84 |
2023 Q4
3 quarters
|
|
2466
Visteon
VC
$2.36B
| $380K | ﹤0.01% |
3,901
-715
| -15% | -$72.7K |
2013 Q2
45 quarters
|
|
2467
State Street Multi-Asset Real Return ETF
RLY
$1.38B
| $379K | ﹤0.01% |
13,188
+4,714
| +56% | +$132K |
2022 Q1
10 quarters
|
|
|
CWEN.A
2468
DELISTED
Clearway Energy Class A
CWEN.A
| $378K | ﹤0.01% |
13,348
+7,195
| +117% | +$184K |
2018 Q2
25 quarters
|
|
2469
BlackRock MuniYield Quality Fund
MQY
$715M
| $378K | ﹤0.01% |
28,836
+476
| +2% | +$5.99K |
2022 Q1
10 quarters
|
|
|
PPBI
2470
DELISTED
Pacific Premier Bancorp
PPBI
| $377K | ﹤0.01% |
15,168
-6,727
| -31% | -$168K |
2017 Q3
28 quarters
|
|
2471
Global X Copper Miners ETF NEW
COPX
$7.14B
| $377K | ﹤0.01% |
7,852
-12,505
| -61% | -$539K |
2021 Q2
13 quarters
|
|
2472
Amphastar Pharmaceuticals
AMPH
$1.08B
| $377K | ﹤0.01% |
7,854
+200
| +3% | +$8.78K |
2014 Q3
40 quarters
|
|
2473
Goldman Sachs Future Tech Leaders Equity ETF
GTEK
$249M
| $377K | ﹤0.01% |
+12,331
| New | +$358K |
2024 Q3
0 quarters
|
|
2474
Innovator Growth Accelerated ETF Quarterly
XDQQ
$68.9M
| $376K | ﹤0.01% |
+11,832
| New | +$361K |
2024 Q3
0 quarters
|
|
2475
Newell Brands
NWL
$2.26B
| $376K | ﹤0.01% |
49,305
-2,149
| -4% | -$15.4K |
2013 Q2
45 quarters
|
|
Similar funds
Bank of Montreal's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of Montreal held 4,369 positions worth $227B, down 34% from $344B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal's Q3 2024 filing shows 505 new, 1,334 increased, 1,473 reduced and 547 closed positions. Its largest new stake was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M. The largest sale was Tesla, an estimated $645M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 14% a quarter earlier, followed by Technology and Miscellaneous.
- Bank of Montreal's largest Q3 2024 buy was Global X Artificial Intelligence & Technology ETF: 1,404,074 shares worth $52.3M.
- Bank of Montreal added most to NVIDIA in Q3 2024, an estimated $1.87B increase.
- Bank of Montreal's biggest Q3 2024 reduction was Tesla, cutting an estimated $645M.
- Bank of Montreal fully exited TE Connectivity in Q3 2024, selling an estimated $175M.
- Bank of Montreal's ten largest holdings make up 26% of its $227B portfolio in Q3 2024.
- Bank of Montreal opened 505 new positions and closed 547 in Q3 2024.
- Bank of Montreal's portfolio value fell 34% quarter-over-quarter to $227B.
Based on Bank of Montreal's 13F filing for Q3 2024, filed 13 Nov 2024.