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 | |
|---|---|---|---|---|---|---|
2176
Interparfums
IPAR
$3.67B
| $924K | ﹤0.01% |
6,604
-685
| -9% | -$95.9K |
|
2177
Graphic Packaging
GPK
$3.38B
| $919K | ﹤0.01% |
35,303
-18,413
| -34% | -$462K |
|
|
WW
2178
PUT
DELISTED
WW International
WW
| $917K | ﹤0.01% |
+132,000
| New | +$936K |
|
2179
Lithia Motors
LAD
$8.3B
| $915K | ﹤0.01% |
2,985
-520
| -15% | -$125K |
|
2180
PUT
AST SpaceMobile
ASTS
$21.3B
| $912K | ﹤0.01% |
+153,800
| New | +$797K |
|
2181
FerroAtlántica
GSM
$820M
| $910K | ﹤0.01% |
173,650
-59,813
| -26% | -$275K |
|
|
ALEX
2182
DELISTED
Alexander & Baldwin
ALEX
| $907K | ﹤0.01% |
48,613
-11,503
| -19% | -$215K |
|
2183
Invesco Total Return Bond ETF
GTO
$2.47B
| $903K | ﹤0.01% |
19,360
-5,320
| -22% | -$249K |
|
2184
VanEck Oil Refiners ETF
CRAK
$273M
| $902K | ﹤0.01% |
29,285
+2,139
| +8% | +$65.5K |
|
2185
Littelfuse
LFUS
$11.6B
| $898K | ﹤0.01% |
3,072
-635
| -17% | -$166K |
|
2186
VanEck Indonesia Index ETF
IDX
$36.6M
| $898K | ﹤0.01% |
35,372
+21,297
| +151% | +$384K |
|
2187
EXL Service
EXLS
$5.28B
| $897K | ﹤0.01% |
28,990
-3,730
| -11% | -$118K |
|
2188
Flywire
FLYW
$2.29B
| $896K | ﹤0.01% |
28,789
-2,005
| -7% | -$60.1K |
|
2189
CB Financial Services
CBFV
$189M
| $890K | ﹤0.01% |
+42,984
| New | +$872K |
|
2190
WisdomTree International High Dividend Fund
DTH
$662M
| $887K | ﹤0.01% |
23,572
+23,204
| +6,305% | +$877K |
|
2191
US Global Jets ETF
JETS
$824M
| $886K | ﹤0.01% |
41,292
+2,555
| +7% | +$48K |
|
2192
XP
XP
$8.17B
| $880K | ﹤0.01% |
37,411
-5,133
| -12% | -$87.1K |
|
2193
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $880K | ﹤0.01% |
37,466
-540
| -1% | -$12.5K |
|
2194
Gates Industrial Corp
GTES
$7.03B
| $873K | ﹤0.01% |
64,489
-515
| -0.8% | -$6.68K |
|
|
PGRE
2195
DELISTED
Paramount Group
PGRE
| $872K | ﹤0.01% |
190,487
+64,249
| +51% | +$286K |
|
2196
Goldman Sachs Access High Yield Corporate Bond ETF
GHYB
$134M
| $870K | ﹤0.01% |
+20,249
| New | +$866K |
|
2197
CALL
Equity Residential
EQR
$24.7B
| $868K | ﹤0.01% |
+13,000
| New | +$812K |
|
|
MOFG
2198
DELISTED
MidWestOne Financial Group
MOFG
| $867K | ﹤0.01% |
+38,549
| New | +$801K |
|
|
TGB
2199
Trekor Metals
TGB
$3.06B
| $866K | ﹤0.01% |
591,163
+498,200
| +536% | +$746K |
|
2200
CALL
First Majestic Silver
AG
$9.49B
| $865K | ﹤0.01% |
+145,000
| New | +$929K |
|
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.