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 |
Apple
AAPL
|
+$1.05B |
| 2 |
Scotiabank
BNS
|
+$748M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$737M |
| 4 |
Amazon
AMZN
|
+$610M |
| 5 |
Meta Platforms (Facebook)
META
|
+$568M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$436M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$325M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$260M |
| 4 |
Mastercard
MA
|
+$233M |
| 5 |
Citigroup
C
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 25.32% |
| 2 | Consumer Discretionary | 17.73% |
| 3 | Financials | 14.01% |
| 4 | Technology | 12.46% |
| 5 | Industrials | 4.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
AB Tax-Aware Short Duration Municipal ETF
TAFI
$1.37B
| $2.13M | ﹤0.01% |
84,739
-35,401
| -29% | -$885K |
|
|
MGIC
1727
DELISTED
Magic Software Enterprises
MGIC
| $2.12M | ﹤0.01% |
149,508
+129,508
| +648% | +$1.72M |
|
1728
Ollie's Bargain Outlet
OLLI
$4.62B
| $2.11M | ﹤0.01% |
35,315
+22,770
| +182% | +$1.4M |
|
1729
PUT
Dick's Sporting Goods
DKS
$18.1B
| $2.11M | ﹤0.01% |
15,600
-9,400
| -38% | -$1.29M |
|
1730
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $2.11M | ﹤0.01% |
273,811
-17,219
| -6% | -$123K |
|
|
AFAR
1731
DELISTED
Aura FAT Projects Acquisition Corp Class A Ordinary Shares
AFAR
| $2.11M | ﹤0.01% |
198,724
+98,724
| +99% | +$1.04M |
|
1732
PUT
Transocean
RIG
$6.43B
| $2.1M | ﹤0.01% |
300,000
| – | – |
|
|
SMLR
1733
DELISTED
Semler Scientific
SMLR
| $2.1M | ﹤0.01% |
+79,114
| New | +$2.08M |
|
1734
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $2.1M | ﹤0.01% |
40,698
+5,225
| +15% | +$263K |
|
1735
PVH
PVH
$3.8B
| $2.1M | ﹤0.01% |
24,638
+5,142
| +26% | +$434K |
|
|
JWN
1736
DELISTED
Nordstrom
JWN
| $2.1M | ﹤0.01% |
102,518
+24,332
| +31% | +$409K |
|
1737
Voya Financial
VOYA
$9.2B
| $2.1M | ﹤0.01% |
29,107
-3,502
| -11% | -$251K |
|
1738
CALL
Eldorado Gold
EGO
$10.4B
| $2.09M | ﹤0.01% |
+206,000
| New | +$2.18M |
|
1739
Ingevity
NGVT
$2.64B
| $2.09M | ﹤0.01% |
35,538
-1,078
| -3% | -$64.7K |
|
|
ATEK
1740
DELISTED
Athena Technology Acquisition Corp. II
ATEK
| $2.09M | ﹤0.01% |
196,749
-852,470
| -81% | -$8.8M |
|
1741
Axos Financial
AX
$5.8B
| $2.09M | ﹤0.01% |
51,426
-2,352
| -4% | -$91.1K |
|
1742
Euronet Worldwide
EEFT
$2.74B
| $2.09M | ﹤0.01% |
17,709
+4,582
| +35% | +$512K |
|
1743
Grab
GRAB
$14.8B
| $2.08M | ﹤0.01% |
605,539
+190,583
| +46% | +$593K |
|
|
TRTN
1744
DELISTED
Triton International Limited
TRTN
| $2.08M | ﹤0.01% |
24,915
-595
| -2% | -$48.2K |
|
1745
RPM International
RPM
$14.5B
| $2.07M | ﹤0.01% |
22,901
-3,677
| -14% | -$302K |
|
|
MRNS
1746
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $2.06M | ﹤0.01% |
188,722
-163,106
| -46% | -$1.4M |
|
1747
Qualys
QLYS
$6.44B
| $2.06M | ﹤0.01% |
15,673
+9,138
| +140% | +$1.12M |
|
1748
American States Water
AWR
$3.53B
| $2.06M | ﹤0.01% |
23,388
-913
| -4% | -$81.7K |
|
|
LGTY
1749
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $2.06M | ﹤0.01% |
+187,965
| New | +$2.26M |
|
|
NGD
1750
DELISTED
New Gold Inc
NGD
| $2.05M | ﹤0.01% |
1,809,218
-463,926
| -20% | -$574K |
|
Similar funds
Bank of Montreal's Q2 2023 Portfolio in Review
As of Q2 2023, Bank of Montreal held 4,470 positions worth $289B, up 16% from $250B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Bank of Montreal deployed $11.2B of net new capital in Q2 2023, opening 724 new positions and adding to 1,307 existing holdings. Its largest new stake was Kenvue: 2,879,315 shares worth $73.8M.
By sector, the portfolio is most concentrated in Communication Services at 25% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $436M trimmed.
- Bank of Montreal's largest Q2 2023 buy was Kenvue: 2,879,315 shares worth $73.8M.
- Bank of Montreal added most to Apple in Q2 2023, an estimated $1.05B increase.
- Bank of Montreal's biggest Q2 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $436M.
- Bank of Montreal fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $206M.
- Bank of Montreal's ten largest holdings make up 52% of its $289B portfolio in Q2 2023.
- Bank of Montreal opened 724 new positions and closed 534 in Q2 2023.
- Bank of Montreal's portfolio value rose 16% quarter-over-quarter to $289B.
Based on Bank of Montreal's 13F filing for Q2 2023, filed 2 Aug 2023.