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 | |
|---|---|---|---|---|---|---|---|
|
LOUP
2651
Innovator Deepwater Frontier Tech ETF
LOUP
$222M
| $414K | ﹤0.01% |
+10,352
| New | +$372K |
2023 Q2
0 quarters
|
|
2652
Applovin
APP
$94.1B
| $413K | ﹤0.01% |
15,869
-803
| -5% | -$16.6K |
2021 Q3
7 quarters
|
|
2653
CALL
Northern Oil and Gas
NOG
$2.51B
| $411K | ﹤0.01% |
+11,900
| New | +$385K |
2023 Q2
0 quarters
|
|
2654
iShares MSCI Pacific ex Japan ETF
EPP
$2.2B
| $410K | ﹤0.01% |
9,337
-8,575
| -48% | -$371K |
2013 Q2
40 quarters
|
|
|
AMCI
2655
AMC Robotics
AMCI
$76.2M
| $410K | ﹤0.01% |
+39,466
| New | +$409K |
2023 Q2
0 quarters
|
|
|
SPWR
2656
DELISTED
SunPower Corporation Common Stock
SPWR
| $409K | ﹤0.01% |
37,190
-3,561
| -9% | -$41.6K |
2013 Q2
40 quarters
|
|
2657
Korn Ferry
KFY
$4.05B
| $408K | ﹤0.01% |
8,002
-124
| -2% | -$6.1K |
2013 Q2
40 quarters
|
|
|
AYX
2658
PUT
DELISTED
Alteryx Inc
AYX
| $408K | ﹤0.01% |
+8,900
| New | +$390K |
2023 Q2
0 quarters
|
|
2659
Western Alliance Bancorporation
WAL
$8.26B
| $408K | ﹤0.01% |
10,869
+3,021
| +38% | +$105K |
2013 Q2
40 quarters
|
|
2660
NETGEAR
NTGR
$622M
| $408K | ﹤0.01% |
+27,278
| New | +$412K |
2023 Q2
0 quarters
|
|
|
FARO
2661
DELISTED
Faro Technologies
FARO
| $407K | ﹤0.01% |
25,154
+14,275
| +131% | +$252K |
2013 Q2
40 quarters
|
|
2662
Goldman Sachs Innovate Equity ETF
GINN
$194M
| $407K | ﹤0.01% |
+8,189
| New | +$382K |
2023 Q2
0 quarters
|
|
2663
Magnolia Oil & Gas
MGY
$6.48B
| $407K | ﹤0.01% |
19,426
-7,313
| -27% | -$151K |
2019 Q2
16 quarters
|
|
2664
Global X Cybersecurity ETF
BUG
$2B
| $405K | ﹤0.01% |
16,056
+150
| +0.9% | +$3.47K |
2021 Q1
9 quarters
|
|
2665
Invesco Advantage Municipal Income Trust II
VKI
$332M
| $404K | ﹤0.01% |
41,448
+1,603
| +4% | +$13.6K |
2022 Q1
5 quarters
|
|
|
PPLI
2666
People Inc
PPLI
$3.05B
| $403K | ﹤0.01% |
+7,704
| New | +$353K |
2023 Q2
0 quarters
|
|
2667
MYR Group
MYRG
$4.64B
| $403K | ﹤0.01% |
2,891
+246
| +9% | +$32.1K |
2023 Q1
1 quarter
|
|
2668
Fidelity Low Volatility Factor ETF
FDLO
$1.39B
| $402K | ﹤0.01% |
+8,015
| New | +$389K |
2023 Q2
0 quarters
|
|
2669
Mativ Holdings
MATV
$643M
| $402K | ﹤0.01% |
24,625
+14,973
| +155% | +$265K |
2023 Q1
1 quarter
|
|
2670
iShares MSCI Singapore ETF
EWS
$1.39B
| $402K | ﹤0.01% |
16,548
-51,531
| -76% | -$999K |
2013 Q2
40 quarters
|
|
2671
Horace Mann Educators
HMN
$1.82B
| $402K | ﹤0.01% |
13,152
-420
| -3% | -$13.3K |
2013 Q2
40 quarters
|
|
|
NXJ
2672
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $401K | ﹤0.01% |
29,247
+1,060
| +4% | +$12.2K |
2022 Q1
5 quarters
|
|
2673
SouthState Bank Corp
SSB
$9.76B
| $401K | ﹤0.01% |
5,936
-12,199
| -67% | -$814K |
2022 Q1
5 quarters
|
|
2674
VanEck Agribusiness ETF
MOO
$1.16B
| $401K | ﹤0.01% |
4,178
-28,987
| -87% | -$2.4M |
2013 Q2
40 quarters
|
|
|
ECDA
2675
DELISTED
ECD Automotive Design
ECDA
| $401K | ﹤0.01% |
+191
| New | +$393K |
2023 Q2
0 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.