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 |
Tesla
TSLA
|
+$1.23B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.17B |
| 3 |
Amazon
AMZN
|
+$782M |
| 4 |
Enbridge
ENB
|
+$675M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$619M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$226M |
| 2 |
iShares US Medical Devices ETF
IHI
|
+$137M |
| 3 |
Sea Limited
SE
|
+$131M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$115M |
| 5 |
Hilton Grand Vacations
HGV
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.83% |
| 2 | Technology | 16.39% |
| 3 | Communication Services | 8.58% |
| 4 | Consumer Discretionary | 8.17% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KEEL
2701
Keel Infrastructure Corp
KEEL
$2.17B
| $517K | ﹤0.01% |
+123,733
| New | +$507K |
|
2702
Murphy USA
MUSA
$10.5B
| $516K | ﹤0.01% |
3,874
+396
| +11% | +$54.7K |
|
2703
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.11B
| $515K | ﹤0.01% |
10,272
+840
| +9% | +$41.7K |
|
2704
Inogen
INGN
$153M
| $514K | ﹤0.01% |
7,691
-237
| -3% | -$15K |
|
2705
Prospect Capital
PSEC
$1.15B
| $510K | ﹤0.01% |
58,451
+2,851
| +5% | +$23.8K |
|
2706
Matthews International
MATW
$725M
| $509K | ﹤0.01% |
13,989
+1,490
| +12% | +$59.5K |
|
2707
White Mountains Insurance
WTM
$5.1B
| $509K | ﹤0.01% |
442
-123
| -22% | -$144K |
|
2708
Axcelis
ACLS
$4.33B
| $507K | ﹤0.01% |
12,436
+2,452
| +25% | +$102K |
|
2709
Global Water Resources
GWRS
$248M
| $505K | ﹤0.01% |
29,698
+11,769
| +66% | +$199K |
|
2710
The Greenbrier Companies
GBX
$1.41B
| $504K | ﹤0.01% |
11,490
+1,759
| +18% | +$81.3K |
|
|
GLAQ
2711
DELISTED
Globis Acquisition Corp. common stock
GLAQ
| $500K | ﹤0.01% |
50,000
| – | – |
|
2712
Avient
AVNT
$4.25B
| $499K | ﹤0.01% |
10,321
-831
| -7% | -$42K |
|
2713
Lucid Motors
LCID
$2.45B
| $496K | ﹤0.01% |
1,864
-20,757
| -92% | -$4.55M |
|
2714
TD Synnex
SNX
$20.7B
| $495K | ﹤0.01% |
4,040
-6,133
| -60% | -$754K |
|
2715
Healthcare Services Group
HCSG
$1.48B
| $494K | ﹤0.01% |
15,470
-1,300
| -8% | -$39.5K |
|
2716
Stewart Information Services
STC
$2.08B
| $492K | ﹤0.01% |
8,724
+1,480
| +20% | +$86.4K |
|
2717
Schwab US Broad Market ETF
SCHB
$45.1B
| $491K | ﹤0.01% |
28,152
+20,166
| +253% | +$341K |
|
2718
FNB Corp
FNB
$6.93B
| $490K | ﹤0.01% |
39,788
+1,708
| +4% | +$22.2K |
|
2719
Occidental Petroleum Corp Warrants
OXY.WS
$34.3B
| $490K | ﹤0.01% |
35,477
+867
| +3% | +$10K |
|
2720
HealthEquity
HQY
$8.76B
| $489K | ﹤0.01% |
5,850
-1,994
| -25% | -$152K |
|
|
PGTI
2721
DELISTED
PGT, Inc.
PGTI
| $488K | ﹤0.01% |
21,336
+3,057
| +17% | +$75.8K |
|
2722
Pitney Bowes
PBI
$2.25B
| $487K | ﹤0.01% |
54,122
+10,162
| +23% | +$84.7K |
|
2723
WisdomTree US SmallCap Dividend Fund
DES
$2.24B
| $486K | ﹤0.01% |
15,197
+14,676
| +2,817% | +$475K |
|
2724
VanEck IG Floating Rate ETF
FLTR
$3.04B
| $486K | ﹤0.01% |
19,160
| – | – |
|
|
TBCP
2725
DELISTED
Thunder Bridge Capital Partners III Inc. Class A Common Stock
TBCP
| $485K | ﹤0.01% |
+49,547
| New | +$485K |
|
Similar funds
Bank of Montreal's Q2 2021 Portfolio in Review
As of Q2 2021, Bank of Montreal held 5,572 positions worth $201B, up 31% from $154B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $33.1B of net new capital in Q2 2021, opening 382 new positions and adding to 2,379 existing holdings. Its largest new stake was Vanguard Russell 1000 Value ETF: 938,214 shares worth $65.1M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 25% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Apple, an estimated $226M trimmed.
- Bank of Montreal's largest Q2 2021 buy was Vanguard Russell 1000 Value ETF: 938,214 shares worth $65.1M.
- Bank of Montreal added most to Tesla in Q2 2021, an estimated $1.23B increase.
- Bank of Montreal's biggest Q2 2021 reduction was Apple, cutting an estimated $226M.
- Bank of Montreal fully exited Sea Limited in Q2 2021, selling an estimated $131M.
- Bank of Montreal's ten largest holdings make up 22% of its $201B portfolio in Q2 2021.
- Bank of Montreal opened 382 new positions and closed 1,919 in Q2 2021.
- Bank of Montreal's portfolio value rose 31% quarter-over-quarter to $201B.
Based on Bank of Montreal's 13F filing for Q2 2021, filed 12 Aug 2021.