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 | |
|---|---|---|---|---|---|---|---|
2876
PUT
3D Systems Corp
DDD
$588M
| $302K | ﹤0.01% |
30,000
+29,400
| +4,900% | +$269K |
2022 Q4
2 quarters
|
|
2877
GSK
GSK
$94.5B
| $302K | ﹤0.01% |
8,477
-1,138
| -12% | -$40.8K |
2013 Q2
40 quarters
|
|
2878
Integer Holdings
ITGR
$4.3B
| $301K | ﹤0.01% |
3,382
-1,302
| -28% | -$107K |
2016 Q3
27 quarters
|
|
2879
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF
EVMT
$6.93M
| $301K | ﹤0.01% |
13,681
+3,719
| +37% | +$79.8K |
2022 Q4
2 quarters
|
|
2880
Mission Produce
AVO
$1.12B
| $301K | ﹤0.01% |
24,719
+1,456
| +6% | +$17.2K |
2022 Q3
3 quarters
|
|
2881
PGIM Floating Rate Income ETF
PFRL
$126M
| $301K | ﹤0.01% |
+5,988
| New | +$297K |
2023 Q2
0 quarters
|
|
2882
CALL
Evolus
EOLS
$508M
| $300K | ﹤0.01% |
+30,000
| New | +$259K |
2023 Q2
0 quarters
|
|
2883
AeroVironment
AVAV
$7.13B
| $299K | ﹤0.01% |
2,912
-289
| -9% | -$29.1K |
2013 Q2
40 quarters
|
|
|
GGN
2884
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$825M
| $299K | ﹤0.01% |
78,148
-33,055
| -30% | -$124K |
2021 Q1
9 quarters
|
|
|
DNB
2885
DELISTED
Dun & Bradstreet
DNB
| $299K | ﹤0.01% |
+25,529
| New | +$278K |
2023 Q2
0 quarters
|
|
2886
South Plains Financial
SPFI
$797M
| $298K | ﹤0.01% |
+12,189
| New | +$264K |
2023 Q2
0 quarters
|
|
|
PDCO
2887
DELISTED
Patterson Companies, Inc.
PDCO
| $298K | ﹤0.01% |
8,921
-5,340
| -37% | -$147K |
2013 Q2
40 quarters
|
|
|
EMET
2888
VanEck Copper and Electrification Metals ETF
EMET
$34.5M
| $297K | ﹤0.01% |
10,398
-1,100
| -10% | -$30.5K |
2023 Q1
1 quarter
|
|
2889
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.2B
| $297K | ﹤0.01% |
10,711
-27,107
| -72% | -$719K |
2020 Q4
10 quarters
|
|
|
VPU
2890
Vanguard Utilities ETF
VPU
$7.68B
| $296K | ﹤0.01% |
2,019
+268
| +15% | +$39.3K |
2020 Q3
11 quarters
|
|
2891
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$567M
| $296K | ﹤0.01% |
4,674
| – | – |
2021 Q2
8 quarters
|
|
2892
Columbus McKinnon
CMCO
$460M
| $296K | ﹤0.01% |
7,139
-1,781
| -20% | -$65.8K |
2022 Q4
2 quarters
|
|
|
VSXY
2893
Victoria's Secret
VSXY
$7.06B
| $295K | ﹤0.01% |
13,707
-2,032
| -13% | -$51.2K |
2021 Q3
7 quarters
|
|
2894
Cars.com
CARS
$535M
| $294K | ﹤0.01% |
14,807
-3,097
| -17% | -$58.2K |
2017 Q2
24 quarters
|
|
|
HCOM
2895
DELISTED
Hartford Schroders Commodity Strategy ETF
HCOM
| $294K | ﹤0.01% |
18,524
+185
| +1% | +$2.88K |
2023 Q1
1 quarter
|
|
|
BCSA
2896
DELISTED
Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares
BCSA
| $294K | ﹤0.01% |
+27,586
| New | +$289K |
2023 Q2
0 quarters
|
|
|
TGN
2897
DELISTED
AXS Brendan Wood TopGun Index ETF
TGN
| $293K | ﹤0.01% |
+9,423
| New | +$285K |
2023 Q2
0 quarters
|
|
2898
First Trust North American Energy Infrastructure Fund
EMLP
$3.95B
| $293K | ﹤0.01% |
10,720
+700
| +7% | +$18.8K |
2022 Q1
5 quarters
|
|
2899
Vir Biotechnology
VIR
$1.91B
| $292K | ﹤0.01% |
11,549
-1,090
| -9% | -$27.4K |
2022 Q2
4 quarters
|
|
2900
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.4B
| $291K | ﹤0.01% |
8,172
+8,076
| +8,413% | +$276K |
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.