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 | |
|---|---|---|---|---|---|---|
1001
Grupo Aeroportuario del Pacifico
PAC
$12.4B
| $9.68M | ﹤0.01% |
49,348
+31,731
| +180% | +$5.78M |
|
1002
PUT
Beyond Meat
BYND
$210M
| $9.66M | ﹤0.01% |
+728,500
| New | +$9.25M |
|
1003
abrdn Physical Silver Shares ETF
SIVR
$4.47B
| $9.57M | ﹤0.01% |
412,826
+326,066
| +376% | +$7.57M |
|
|
ABCM
1004
DELISTED
Abcam PLC
ABCM
| $9.56M | ﹤0.01% |
390,483
+279,266
| +251% | +$4.82M |
|
1005
OPAL Fuels
OPAL
$67.7M
| $9.51M | ﹤0.01% |
1,271,941
+1,008,642
| +383% | +$7.01M |
|
1006
ARK Innovation ETF
ARKK
$6.54B
| $9.51M | ﹤0.01% |
212,064
-19,382
| -8% | -$770K |
|
1007
iShares MSCI World ETF
URTH
$8.4B
| $9.51M | ﹤0.01% |
76,067
-114,943
| -60% | -$13.8M |
|
1008
iShares US Financial Services ETF
IYG
$2.24B
| $9.5M | ﹤0.01% |
179,937
-2,547
| -1% | -$129K |
|
1009
Textron
TXT
$15.1B
| $9.5M | ﹤0.01% |
140,286
+32,702
| +30% | +$2.16M |
|
1010
Pool Corp
POOL
$7.29B
| $9.5M | ﹤0.01% |
25,125
+4,454
| +22% | +$1.52M |
|
1011
Bank First Corp
BFC
$1.76B
| $9.44M | ﹤0.01% |
106,168
-238
| -0.2% | -$17.8K |
|
1012
i3 Verticals
IIIV
$325M
| $9.4M | ﹤0.01% |
401,553
-973
| -0.2% | -$22.7K |
|
1013
Enovis
ENOV
$1.48B
| $9.36M | ﹤0.01% |
166,319
+162,243
| +3,980% | +$9.24M |
|
1014
DraftKings
DKNG
$12.6B
| $9.32M | ﹤0.01% |
350,610
+232,201
| +196% | +$5.35M |
|
1015
Cytokinetics
CYTK
$10.2B
| $9.32M | ﹤0.01% |
244,309
-131,510
| -35% | -$4.87M |
|
1016
Ionis Pharmaceuticals
IONS
$9.28B
| $9.28M | ﹤0.01% |
223,131
+9,200
| +4% | +$354K |
|
1017
Invitation Homes
INVH
$18B
| $9.24M | ﹤0.01% |
267,773
+44,565
| +20% | +$1.49M |
|
1018
iShare MSCI Eurozone ETF
EZU
$9.96B
| $9.22M | ﹤0.01% |
200,430
+37,648
| +23% | +$1.72M |
|
1019
Celanese
CE
$4.86B
| $9.15M | ﹤0.01% |
78,801
-24,114
| -23% | -$2.61M |
|
1020
AMC Entertainment Holdings
AMC
$2.35B
| $9.13M | ﹤0.01% |
193,421
+190,456
| +6,423% | +$9.41M |
|
1021
Host Hotels & Resorts
HST
$15.6B
| $9.07M | ﹤0.01% |
527,253
+34,565
| +7% | +$579K |
|
1022
AutoNation
AN
$6.89B
| $9.07M | ﹤0.01% |
54,897
-611
| -1% | -$84.8K |
|
1023
Atmus Filtration Technologies
ATMU
$4.06B
| $9.05M | ﹤0.01% |
+412,016
| New | +$8.63M |
|
1024
CALL
Atlassian
TEAM
$42.1B
| $9.03M | ﹤0.01% |
+50,000
| New | +$8.01M |
|
|
GHIX
1025
DELISTED
Gores Holdings IX, Inc. Class A Common Stock
GHIX
| $9M | ﹤0.01% |
878,077
+478,077
| +120% | +$4.86M |
|
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.