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 | |
|---|---|---|---|---|---|---|---|
|
NVTA
2951
PUT
DELISTED
Invitae Corporation
NVTA
| $273K | ﹤0.01% |
218,600
+59,500
| +37% | +$75K |
2023 Q1
1 quarter
|
|
2952
Hope Bancorp
HOPE
$1.72B
| $273K | ﹤0.01% |
30,387
+5,016
| +20% | +$43.8K |
2013 Q2
40 quarters
|
|
2953
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.8B
| $273K | ﹤0.01% |
+3,798
| New | +$259K |
2023 Q2
0 quarters
|
|
|
WW
2954
DELISTED
WW International
WW
| $272K | ﹤0.01% |
39,140
-3,898
| -9% | -$27.6K |
2023 Q1
1 quarter
|
|
2955
Coursera
COUR
$1.34B
| $272K | ﹤0.01% |
20,714
-4,531
| -18% | -$54.2K |
2022 Q1
5 quarters
|
|
2956
Pacer American Energy Infrastructure ETF
USAI
$112M
| $272K | ﹤0.01% |
+9,967
| New | +$261K |
2023 Q2
0 quarters
|
|
2957
Hawkins
HWKN
$2.66B
| $271K | ﹤0.01% |
5,533
-999
| -15% | -$45.1K |
2022 Q4
2 quarters
|
|
2958
Kanzhun
BZ
$6.55B
| $271K | ﹤0.01% |
15,668
-1,061,278
| -99% | -$17.8M |
2023 Q1
1 quarter
|
|
2959
CTS Corp
CTS
$1.71B
| $271K | ﹤0.01% |
6,076
-1,254
| -17% | -$55.1K |
2013 Q2
40 quarters
|
|
2960
ARK Blockchain & Fintech Innovation ETF
ARKF
$834M
| $270K | ﹤0.01% |
12,892
+874
| +7% | +$16.6K |
2020 Q4
10 quarters
|
|
|
SMMF
2961
DELISTED
Summit Financial Group, Inc.
SMMF
| $270K | ﹤0.01% |
+12,464
| New | +$245K |
2023 Q2
0 quarters
|
|
2962
Procore
PCOR
$7.85B
| $269K | ﹤0.01% |
4,019
+193
| +5% | +$11.4K |
2023 Q1
1 quarter
|
|
2963
Allegro MicroSystems
ALGM
$6.78B
| $269K | ﹤0.01% |
5,950
-1,861
| -24% | -$75.4K |
2022 Q4
2 quarters
|
|
2964
Palomar
PLMR
$3.31B
| $269K | ﹤0.01% |
+4,507
| New | +$241K |
2023 Q2
0 quarters
|
|
2965
Conduent
CNDT
$255M
| $269K | ﹤0.01% |
78,511
+14,827
| +23% | +$48.6K |
2017 Q1
25 quarters
|
|
2966
First Trust Enhanced Short Maturity ETF
FTSM
$6.6B
| $268K | ﹤0.01% |
4,500
+1,720
| +62% | +$103K |
2018 Q2
20 quarters
|
|
2967
California Resources
CRC
$4.59B
| $268K | ﹤0.01% |
+5,862
| New | +$238K |
2023 Q2
0 quarters
|
|
|
MODN
2968
DELISTED
MODEL N, INC.
MODN
| $267K | ﹤0.01% |
7,489
-1,638
| -18% | -$52.7K |
2023 Q1
1 quarter
|
|
2969
Guardant Health
GH
$23.5B
| $266K | ﹤0.01% |
+7,167
| New | +$206K |
2023 Q2
0 quarters
|
|
2970
Cathay General Bancorp
CATY
$4.01B
| $266K | ﹤0.01% |
7,813
-4,046
| -34% | -$128K |
2013 Q2
40 quarters
|
|
2971
Limbach Holdings
LMB
$593M
| $266K | ﹤0.01% |
+10,630
| New | +$214K |
2023 Q2
0 quarters
|
|
|
ARI
2972
Apollo Commercial Real Estate
ARI
$807M
| $266K | ﹤0.01% |
23,500
+78
| +0.3% | +$787 |
2013 Q2
40 quarters
|
|
|
BDN
2973
Brandywine Realty Trust
BDN
$479M
| $266K | ﹤0.01% |
57,049
+14,440
| +34% | +$58.9K |
2014 Q3
35 quarters
|
|
|
CEW
2974
WisdomTree Emerging Currency Strategy Fund
CEW
$19.5M
| $266K | ﹤0.01% |
15,000
+9,166
| +157% | +$161K |
2023 Q1
1 quarter
|
|
2975
Wolverine World Wide
WWW
$1.58B
| $265K | ﹤0.01% |
17,993
-2,391
| -12% | -$36.5K |
2022 Q4
2 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.