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 | 25.31% |
| 2 | Consumer Discretionary | 17.73% |
| 3 | Financials | 14.01% |
| 4 | Technology | 12.46% |
| 5 | Industrials | 4.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
PUT
Newmont
NEM
$120B
| $10.4M | ﹤0.01% |
125,200
-281,500
| -69% | -$12.8M |
|
|
TIXT
977
DELISTED
TELUS International
TIXT
| $10.3M | ﹤0.01% |
662,983
-378,147
| -36% | -$6.59M |
|
978
CALL
SM Energy
SM
$7.71B
| $10.2M | ﹤0.01% |
+323,000
| New | +$9.13M |
|
979
Seagate
STX
$209B
| $10.2M | ﹤0.01% |
159,054
+6,114
| +4% | +$373K |
|
|
FICV
980
DELISTED
Frontier Investment Corp Class A Ordinary Shares
FICV
| $10.2M | ﹤0.01% |
961,270
+4,400
| +0.5% | +$45.3K |
|
981
Coca-Cola Europacific Partners
CCEP
$47.5B
| $10.1M | ﹤0.01% |
153,943
-2,576
| -2% | -$164K |
|
|
PDCE
982
DELISTED
PDC Energy, Inc.
PDCE
| $10M | ﹤0.01% |
141,005
+119,222
| +547% | +$8.05M |
|
983
CALL
NextEra Energy
NEE
$179B
| $10M | ﹤0.01% |
132,000
| – | – |
|
984
Clean Harbors
CLH
$16.9B
| $10M | ﹤0.01% |
60,966
+43,912
| +257% | +$6.42M |
|
985
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $9.96M | ﹤0.01% |
381,587
+25,540
| +7% | +$668K |
|
986
Tidewater
TDW
$4.55B
| $9.96M | ﹤0.01% |
179,137
+157,671
| +735% | +$7.22M |
|
987
Caesars Entertainment
CZR
$6.04B
| $9.95M | ﹤0.01% |
194,260
-62,941
| -24% | -$2.86M |
|
|
CPE
988
DELISTED
Callon Petroleum Company
CPE
| $9.88M | ﹤0.01% |
278,404
+272,162
| +4,360% | +$9.11M |
|
|
XYZ
989
Block Inc
XYZ
$49.9B
| $9.88M | ﹤0.01% |
147,921
-720,987
| -83% | -$45M |
|
990
Schwab International Small-Cap Equity ETF
SCHC
$5.69B
| $9.85M | ﹤0.01% |
284,152
+262,058
| +1,186% | +$8.86M |
|
991
CALL
Snowflake
SNOW
$117B
| $9.84M | ﹤0.01% |
+51,500
| New | +$8.37M |
|
|
ISEE
992
CALL
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $9.84M | ﹤0.01% |
+250,100
| New | +$8.83M |
|
993
Wyndham Hotels & Resorts
WH
$5.51B
| $9.84M | ﹤0.01% |
140,576
+125,340
| +823% | +$8.56M |
|
|
RENE
994
DELISTED
Cartesian Growth Corp II
RENE
| $9.83M | ﹤0.01% |
916,458
+105,961
| +13% | +$1.12M |
|
995
Abercrombie & Fitch
ANF
$4.84B
| $9.8M | ﹤0.01% |
258,121
+64,852
| +34% | +$1.85M |
|
|
MBSC
996
DELISTED
M3-Brigade Acquisition III Corp.
MBSC
| $9.79M | ﹤0.01% |
935,551
| – | – |
|
|
WIRE
997
CALL
DELISTED
Encore Wire Corp
WIRE
| $9.74M | ﹤0.01% |
+52,000
| New | +$8.81M |
|
|
NEE.PRQ
998
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $9.71M | ﹤0.01% |
200,000
| – | – |
|
999
Vanguard Intermediate-Term Treasury ETF
VGIT
$42.5B
| $9.7M | ﹤0.01% |
164,795
+4,762
| +3% | +$284K |
|
1000
CALL
Trade Desk
TTD
$6.84B
| $9.68M | ﹤0.01% |
+125,000
| New | +$8.46M |
|
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 $11.2B 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.