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 | |
|---|---|---|---|---|---|---|---|
|
AFEM
2976
First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF
AFEM
$83M
| $265K | ﹤0.01% |
+4,717
| New | +$254K |
2023 Q2
0 quarters
|
|
|
SHAP
2977
DELISTED
Spree Acquisition Corp. 1 Limited
SHAP
| $264K | ﹤0.01% |
+24,764
| New | +$261K |
2023 Q2
0 quarters
|
|
2978
Skywest
SKYW
$3.79B
| $264K | ﹤0.01% |
+6,446
| New | +$191K |
2023 Q2
0 quarters
|
|
|
GTY
2979
Getty Realty Corp
GTY
$1.72B
| $264K | ﹤0.01% |
7,545
-1,402
| -16% | -$47.7K |
2022 Q3
3 quarters
|
|
2980
Corebridge Financial
CRBG
$15B
| $264K | ﹤0.01% |
+14,898
| New | +$249K |
2023 Q2
0 quarters
|
|
2981
Navitas Semiconductor
NVTS
$3.18B
| $264K | ﹤0.01% |
+24,871
| New | +$193K |
2023 Q2
0 quarters
|
|
2982
Bright Horizons
BFAM
$3.15B
| $264K | ﹤0.01% |
2,807
+8
| +0.3% | +$676 |
2023 Q1
1 quarter
|
|
2983
WisdomTree US LargeCap Dividend Fund
DLN
$6.15B
| $263K | ﹤0.01% |
4,132
+2
| +0% | +$124 |
2018 Q1
21 quarters
|
|
2984
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.82B
| $263K | ﹤0.01% |
5,229
| – | – |
2022 Q1
5 quarters
|
|
2985
MasterBrand
MBC
$1.43B
| $263K | ﹤0.01% |
24,674
-2,497
| -9% | -$23.9K |
2022 Q4
2 quarters
|
|
2986
iShares MSCI Qatar ETF
QAT
$55.9M
| $263K | ﹤0.01% |
13,796
-7,703
| -36% | -$142K |
2022 Q3
3 quarters
|
|
2987
GT Biopharma
GTBP
$11.2M
| $262K | ﹤0.01% |
795
+186
| +31% | +$48.2K |
2023 Q1
1 quarter
|
|
2988
Denali Therapeutics
DNLI
$3.28B
| $262K | ﹤0.01% |
+8,391
| New | +$236K |
2023 Q2
0 quarters
|
|
2989
Camtek
CAMT
$7.18B
| $261K | ﹤0.01% |
+7,135
| New | +$204K |
2023 Q2
0 quarters
|
|
2990
Petrobras Class A
PBR.A
$123B
| $259K | ﹤0.01% |
20,942
+222
| +1% | +$2.42K |
2021 Q1
9 quarters
|
|
2991
Northwest Bancshares
NWBI
$2.2B
| $259K | ﹤0.01% |
22,288
-6,485
| -23% | -$72.1K |
2013 Q2
40 quarters
|
|
2992
Blackstone Secured Lending
BXSL
$5.57B
| $258K | ﹤0.01% |
9,419
+1,536
| +19% | +$39.6K |
2023 Q1
1 quarter
|
|
|
AGOV
2993
DELISTED
ETC Gavekal Asia Pacific Government Bond ETF
AGOV
| $258K | ﹤0.01% |
3,284
+27
| +0.8% | +$2.07K |
2023 Q1
1 quarter
|
|
2994
Invesco Floating Rate Municipal Income ETF
PVI
$31.1M
| $258K | ﹤0.01% |
+10,357
| New | +$258K |
2023 Q2
0 quarters
|
|
2995
Enel Chile
ENIC
$5.71B
| $258K | ﹤0.01% |
75,851
-15,960
| -17% | -$47K |
2021 Q1
9 quarters
|
|
2996
PSQ Holdings
PSQH
$18.2M
| $257K | ﹤0.01% |
1,667
| – | – |
2021 Q4
6 quarters
|
|
2997
J&J Snack Foods
JJSF
$1.45B
| $257K | ﹤0.01% |
1,613
-522
| -24% | -$81K |
2013 Q2
40 quarters
|
|
2998
Innovative Industrial Properties
IIPR
$1.41B
| $256K | ﹤0.01% |
3,424
-851
| -20% | -$59.9K |
2018 Q2
20 quarters
|
|
2999
Intuitive Machines
LUNR
$2.25B
| $255K | ﹤0.01% |
+26,000
| New | +$221K |
2023 Q2
0 quarters
|
|
3000
CNA Financial
CNA
$12.4B
| $255K | ﹤0.01% |
6,365
-11,848
| -65% | -$462K |
2023 Q1
1 quarter
|
|
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.