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 | |
|---|---|---|---|---|---|---|
1151
CALL
Aflac
AFL
$60.5B
| $7M | ﹤0.01% |
+100,000
| New | +$6.69M |
|
1152
Ferguson
FERG
$47.4B
| $6.99M | ﹤0.01% |
44,427
+14,144
| +47% | +$2.01M |
|
1153
BioMarin Pharmaceuticals
BMRN
$13.6B
| $6.99M | ﹤0.01% |
72,323
-43,507
| -38% | -$4.09M |
|
1154
Equinox Gold
EQX
$13.1B
| $6.99M | ﹤0.01% |
1,495,643
-4,120
| -0.3% | -$20.7K |
|
1155
National Vision
EYE
$1.54B
| $6.98M | ﹤0.01% |
271,149
+35,556
| +15% | +$827K |
|
1156
PUT
Marathon Digital Holdings
MARA
$3.56B
| $6.96M | ﹤0.01% |
+500,000
| New | +$5.03M |
|
|
PARA
1157
PUT
DELISTED
Paramount Global Class B
PARA
| $6.94M | ﹤0.01% |
175,800
-731,800
| -81% | -$13.2M |
|
1158
Alliant Energy
LNT
$18.2B
| $6.93M | ﹤0.01% |
128,899
+5,975
| +5% | +$320K |
|
|
CGAU
1159
CALL
Centerra Gold
CGAU
$4.15B
| $6.91M | ﹤0.01% |
+1,120,000
| New | +$7.11M |
|
1160
FMC
FMC
$1.28B
| $6.9M | ﹤0.01% |
64,598
+6,433
| +11% | +$723K |
|
1161
Marriott Vacations Worldwide
VAC
$4.1B
| $6.86M | ﹤0.01% |
54,010
+47,491
| +729% | +$6.14M |
|
1162
Federated Hermes
FHI
$4.7B
| $6.86M | ﹤0.01% |
179,116
+165,766
| +1,242% | +$6.41M |
|
1163
Wingstop
WING
$3.05B
| $6.84M | ﹤0.01% |
34,077
-2,003
| -6% | -$391K |
|
1164
WillScot Mobile Mini Holdings
WSC
$4.17B
| $6.83M | ﹤0.01% |
142,671
+8,386
| +6% | +$375K |
|
1165
Box
BOX
$4.48B
| $6.8M | ﹤0.01% |
227,638
+7,328
| +3% | +$203K |
|
1166
PUT
Cloudflare
NET
$118B
| $6.8M | ﹤0.01% |
+100,000
| New | +$5.97M |
|
1167
CALL
Twilio
TWLO
$37.9B
| $6.78M | ﹤0.01% |
+100,000
| New | +$5.9M |
|
1168
Markel Group
MKL
$22.8B
| $6.73M | ﹤0.01% |
4,826
+3,754
| +350% | +$5.03M |
|
1169
ATI
ATI
$31.4B
| $6.71M | ﹤0.01% |
151,385
-1,883
| -1% | -$72K |
|
1170
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.14B
| $6.69M | ﹤0.01% |
143,238
-5,310
| -4% | -$250K |
|
1171
iShares ESG MSCI EM Leaders ETF
LDEM
$33.5M
| $6.69M | ﹤0.01% |
144,279
-36,496
| -20% | -$1.64M |
|
1172
PUT
iShares US Home Construction ETF
ITB
$2.37B
| $6.67M | ﹤0.01% |
+78,000
| New | +$5.93M |
|
1173
iShares Intermediate Government/Credit Bond ETF
GVI
$3.8B
| $6.67M | ﹤0.01% |
64,496
-17,052
| -21% | -$1.77M |
|
1174
Kimco Realty
KIM
$16.2B
| $6.65M | ﹤0.01% |
336,052
+62,130
| +23% | +$1.17M |
|
1175
Bath & Body Works
BBWI
$3.76B
| $6.64M | ﹤0.01% |
167,182
+61,312
| +58% | +$2.24M |
|
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.