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 | |
|---|---|---|---|---|---|---|
2026
OGE Energy
OGE
$9.81B
| $1.19M | ﹤0.01% |
32,250
-6,070
| -16% | -$224K |
|
|
NBIS
2027
Nebius Group N.V.
NBIS
$75.5B
| $1.19M | ﹤0.01% |
103,175
+2,454
| +2% | +$28.2K |
|
2028
DoubleLine Shiller CAPE US Equities ETF
CAPE
$245M
| $1.19M | ﹤0.01% |
48,345
+284
| +0.6% | +$6.51K |
|
2029
Global X SuperDividend ETF
SDIV
$1.21B
| $1.19M | ﹤0.01% |
+52,442
| New | +$1.17M |
|
2030
Vanguard International Dividend Appreciation ETF
VIGI
$9.29B
| $1.18M | ﹤0.01% |
15,469
-432,019
| -97% | -$32.5M |
|
2031
GraniteShares Platinum Shares
PLTM
$190M
| $1.18M | ﹤0.01% |
+118,500
| New | +$1.19M |
|
|
EMBJ
2032
Embraer S.A. ADS
EMBJ
$13.4B
| $1.18M | ﹤0.01% |
70,529
+3,437
| +5% | +$52.4K |
|
2033
NNN REIT
NNN
$8.83B
| $1.18M | ﹤0.01% |
27,273
-8,053
| -23% | -$347K |
|
|
NKLA
2034
PUT
DELISTED
Nikola Corporation Common Stock
NKLA
| $1.17M | ﹤0.01% |
7,113
+6,673
| +1,517% | +$184K |
|
2035
Power Integrations
POWI
$3.51B
| $1.17M | ﹤0.01% |
12,319
-3,757
| -23% | -$314K |
|
2036
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.85B
| $1.17M | ﹤0.01% |
32,523
+24,699
| +316% | +$877K |
|
2037
United Bankshares
UBSI
$6.71B
| $1.17M | ﹤0.01% |
36,617
-8,894
| -20% | -$280K |
|
2038
Timken Company
TKR
$9.25B
| $1.17M | ﹤0.01% |
12,663
-5,109
| -29% | -$403K |
|
2039
IDT Corp
IDT
$1.66B
| $1.17M | ﹤0.01% |
43,877
-7,957
| -15% | -$246K |
|
2040
Viemed Healthcare
VMD
$350M
| $1.17M | ﹤0.01% |
+114,380
| New | +$1.16M |
|
2041
SM Energy
SM
$8.03B
| $1.17M | ﹤0.01% |
36,728
-4,689
| -11% | -$132K |
|
|
GAP
2042
The Gap Inc
GAP
$7.42B
| $1.16M | ﹤0.01% |
121,434
-218
| -0.2% | -$1.95K |
|
2043
Mine Safety
MSA
$7.3B
| $1.16M | ﹤0.01% |
6,622
-1,017
| -13% | -$146K |
|
2044
EnerSys
ENS
$7.34B
| $1.16M | ﹤0.01% |
10,625
-3,308
| -24% | -$302K |
|
2045
The Joint Corp
JYNT
$120M
| $1.16M | ﹤0.01% |
+79,385
| New | +$1.17M |
|
2046
Pricesmart
PSMT
$5.56B
| $1.16M | ﹤0.01% |
15,287
-1,190
| -7% | -$87.6K |
|
|
HIBB
2047
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.16M | ﹤0.01% |
+30,137
| New | +$1.44M |
|
2048
CALL
AvalonBay Communities
AVB
$26.3B
| $1.16M | ﹤0.01% |
+6,000
| New | +$1.07M |
|
2049
OneMain Financial
OMF
$7.56B
| $1.15M | ﹤0.01% |
26,275
-49
| -0.2% | -$1.91K |
|
2050
Atlanta Braves Holdings Series B
BATRK
$3.44B
| $1.15M | ﹤0.01% |
28,757
-1,533
| -5% | -$57.6K |
|
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.