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 |
TC Energy
TRP
|
+$949M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$686M |
| 3 |
Canadian Natural Resources
CNQ
|
+$566M |
| 4 |
Apple
AAPL
|
+$365M |
| 5 |
Toronto Dominion Bank
TD
|
+$358M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$695M |
| 2 |
Amazon
AMZN
|
+$657M |
| 3 |
Tesla
TSLA
|
+$602M |
| 4 |
Advanced Micro Devices
AMD
|
+$384M |
| 5 |
Enbridge
ENB
|
+$359M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.92% |
| 2 | Consumer Discretionary | 16.7% |
| 3 | Technology | 15.23% |
| 4 | Communication Services | 6.83% |
| 5 | Energy | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Mastercard
MA
$490B
| $732K | 0.34% |
2,019,355
-170,471
| -8% | -$58.7M |
|
52
Algonquin Power & Utilities
AQN
$4.43B
| $711K | 0.33% |
40,448,057
+1,453,910
| +4% | +$21M |
|
53
Invesco QQQ Trust
QQQ
$482B
| $685K | 0.32% |
2,341,080
+832,148
| +55% | +$258M |
|
54
Franco-Nevada
FNV
$45.3B
| $672K | 0.31% |
4,841,479
-261,769
| -5% | -$38.7M |
|
55
Sun Life Financial
SLF
$44.4B
| $659K | 0.31% |
13,561,219
+789,146
| +6% | +$39.3M |
|
56
Bank of America
BAC
$452B
| $655K | 0.3% |
20,106,359
+247,926
| +1% | +$8.93M |
|
57
Pfizer
PFE
$150B
| $655K | 0.3% |
12,627,925
-1,612,376
| -11% | -$82.2M |
|
58
CALL
iShares Russell 2000 ETF
IWM
$82.2B
| $652K | 0.3% |
3,720,000
-890,000
| -19% | -$164M |
|
59
Fortinet
FTNT
$118B
| $641K | 0.3% |
2,314,688
-179,812
| -7% | -$10.7M |
|
|
60
CALL
Apple
AAPL
$4.4T
| $637K | 0.3% |
1,273,200
+488,900
| +62% | +$74M |
|
|
61
CALL
Tesla
TSLA
$1.29T
| $621K | 0.29% |
1,713,900
+1,323,900
| +339% | +$361M |
|
62
Procter & Gamble
PG
$336B
| $614K | 0.28% |
3,825,691
+433,604
| +13% | +$65.2M |
|
63
iShares Core S&P 500 ETF
IVV
$905B
| $614K | 0.28% |
1,576,316
+18,818
| +1% | +$7.74M |
|
|
64
iShares Russell 2000 ETF
IWM
$82.2B
| $609K | 0.28% |
3,474,372
+694,057
| +25% | +$128M |
|
|
65
Advanced Micro Devices
AMD
$795B
| $592K | 0.28% |
6,835,467
-4,102,170
| -38% | -$384M |
|
|
66
PUT
iShares Russell 2000 ETF
IWM
$82.2B
| $586K | 0.27% |
3,344,000
+84,000
| +3% | +$15.5M |
|
67
PUT
NVIDIA
NVDA
$5.42T
| $573K | 0.27% |
33,148,000
-8,649,000
| -21% | -$163M |
|
68
Merck
MRK
$329B
| $555K | 0.26% |
5,545,710
-2,061,069
| -27% | -$183M |
|
69
Citigroup
C
$231B
| $553K | 0.26% |
8,647,462
+348,002
| +4% | +$17.4M |
|
70
Morgan Stanley
MS
$342B
| $538K | 0.25% |
6,805,240
+13,357
| +0.2% | +$1.09M |
|
71
Thomson Reuters
TRI
$44.1B
| $534K | 0.25% |
4,861,298
-502,379
| -9% | -$53.2M |
|
72
Walmart Inc
WMT
$919B
| $517K | 0.24% |
11,589,285
-1,189,059
| -9% | -$54.8M |
|
73
Cisco
CSCO
$487B
| $511K | 0.24% |
9,017,091
+71,008
| +0.8% | +$3.4M |
|
74
Eli Lilly
LLY
$1.09T
| $508K | 0.24% |
1,585,993
+270,379
| +21% | +$81.2M |
|
75
Chevron
CVX
$387B
| $507K | 0.24% |
3,020,476
-54,741
| -2% | -$9.05M |
|
Similar funds
Bank of Montreal's Q2 2022 Portfolio in Review
As of Q2 2022, Bank of Montreal held 4,671 positions worth $215M, down 100% from $206B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Bank of Montreal withdrew a net $2.8B in Q2 2022, closing 612 positions and reducing 1,523 holdings. Its most notable exit was Cerner Corp, an estimated $73M position sold in full.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 20% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Bank of Montreal opened a new position in Cornerstone Building Brands, Inc. worth $17.2K.
- Bank of Montreal's largest Q2 2022 buy was Cornerstone Building Brands, Inc.: 703,730 shares worth $17.2K.
- Bank of Montreal added most to TC Energy in Q2 2022, an estimated $949M increase.
- Bank of Montreal's biggest Q2 2022 reduction was Walt Disney, cutting an estimated $695M.
- Bank of Montreal fully exited Cerner Corp in Q2 2022, selling an estimated $73M.
- Bank of Montreal's ten largest holdings make up 35% of its $215M portfolio in Q2 2022.
- Bank of Montreal opened 516 new positions and closed 612 in Q2 2022.
- Bank of Montreal's portfolio value fell 100% quarter-over-quarter to $215M.
Based on Bank of Montreal's 13F filing for Q2 2022, filed 11 Aug 2022.