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 | Miscellaneous | 11.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2551
Brighthouse Financial
BHF
$2.88B
| $490K | ﹤0.01% |
10,283
-18,336
| -64% | -$790K |
2017 Q3
23 quarters
|
|
2552
Healthcare Services Group
HCSG
$1.41B
| $490K | ﹤0.01% |
32,660
+10,449
| +47% | +$151K |
2013 Q2
40 quarters
|
|
2553
Vanguard S&P 500 Growth ETF
VOOG
$27.6B
| $490K | ﹤0.01% |
11,550
+1,950
| +20% | +$77.5K |
2020 Q2
12 quarters
|
|
2554
AbCellera Biologics
ABCL
$4.51B
| $489K | ﹤0.01% |
64,442
-4,375
| -6% | -$29.9K |
2020 Q4
10 quarters
|
|
2555
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34.6B
| $489K | ﹤0.01% |
10,365
+500
| +5% | +$21.5K |
2020 Q3
11 quarters
|
|
2556
Vishay Intertechnology
VSH
$5.26B
| $488K | ﹤0.01% |
16,501
-8,288
| -33% | -$203K |
2013 Q2
40 quarters
|
|
|
LBC
2557
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $487K | ﹤0.01% |
+51,057
| New | +$463K |
2023 Q2
0 quarters
|
|
2558
Schwab Fundamental International Small Company Index ETF
FNDC
$3.06B
| $484K | ﹤0.01% |
14,210
-543
| -4% | -$18.1K |
2020 Q4
10 quarters
|
|
2559
PUT
Snap
SNAP
$9.56B
| $483K | ﹤0.01% |
32,800
-10,400
| -24% | -$104K |
2022 Q1
5 quarters
|
|
|
NSA
2560
DELISTED
National Storage Affiliates Trust
NSA
| $481K | ﹤0.01% |
13,538
-160,477
| -92% | -$6.05M |
2015 Q4
30 quarters
|
|
2561
PBF Energy
PBF
$9.76B
| $480K | ﹤0.01% |
11,704
-7,969
| -41% | -$303K |
2013 Q4
38 quarters
|
|
|
WWE
2562
DELISTED
World Wrestling Entertainment
WWE
| $480K | ﹤0.01% |
4,406
-1,065
| -19% | -$110K |
2021 Q3
7 quarters
|
|
2563
First Trust California Municipal High income ETF
FCAL
$211M
| $478K | ﹤0.01% |
+9,730
| New | +$477K |
2023 Q2
0 quarters
|
|
|
GMS
2564
DELISTED
GMS Inc
GMS
| $477K | ﹤0.01% |
6,785
+947
| +16% | +$58.5K |
2018 Q2
20 quarters
|
|
2565
Parsons
PSN
$4.38B
| $473K | ﹤0.01% |
9,795
+7,982
| +440% | +$364K |
2022 Q3
3 quarters
|
|
|
PRFT
2566
DELISTED
Perficient Inc
PRFT
| $473K | ﹤0.01% |
5,608
-407
| -7% | -$30K |
2013 Q2
40 quarters
|
|
2567
Macerich
MAC
$6.39B
| $472K | ﹤0.01% |
41,478
-13,410
| -24% | -$137K |
2013 Q2
40 quarters
|
|
2568
Kemper
KMPR
$1.53B
| $472K | ﹤0.01% |
9,689
-1,510
| -13% | -$73.1K |
2013 Q2
40 quarters
|
|
|
ATIP
2569
DELISTED
ATI Physical Therapy, Inc.
ATIP
| $472K | ﹤0.01% |
37,480
+28,392
| +312% | +$323K |
2021 Q4
6 quarters
|
|
2570
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$301M
| $472K | ﹤0.01% |
+19,832
| New | +$469K |
2023 Q2
0 quarters
|
|
2571
PUT
Microvision
MVIS
$45.9M
| $472K | ﹤0.01% |
6,833
+6,660
| +3,850% | +$350K |
2022 Q3
3 quarters
|
|
|
HIVE
2572
HIVE Digital Technologies
HIVE
$801M
| $471K | ﹤0.01% |
99,625
-1,080
| -1% | -$3.64K |
2021 Q3
7 quarters
|
|
2573
Amkor Technology
AMKR
$13.1B
| $470K | ﹤0.01% |
15,678
-6,283
| -29% | -$153K |
2014 Q1
37 quarters
|
|
|
RDUS
2574
DELISTED
Radius Recycling
RDUS
| $470K | ﹤0.01% |
13,956
+3,649
| +35% | +$110K |
2016 Q2
28 quarters
|
|
2575
Pacer Trendpilot US Large Cap ETF
PTLC
$3.33B
| $470K | ﹤0.01% |
11,358
-1,756
| -13% | -$68.5K |
2021 Q2
8 quarters
|
|
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 $9.84B 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.