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 | |
|---|---|---|---|---|---|---|
1176
CALL
Costco
COST
$427B
| $6.64M | ﹤0.01% |
12,300
+10,300
| +515% | +$5.21M |
|
|
CNH
1177
CNH Industrial
CNH
$17.3B
| $6.63M | ﹤0.01% |
455,459
+68,424
| +18% | +$961K |
|
1178
AptarGroup
ATR
$8.43B
| $6.63M | ﹤0.01% |
56,591
+10,655
| +23% | +$1.25M |
|
1179
IAMGOLD
IAG
$10.3B
| $6.63M | ﹤0.01% |
2,252,285
-242,729
| -10% | -$703K |
|
1180
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $6.61M | ﹤0.01% |
59,829
-55,615
| -48% | -$6.13M |
|
|
RADI
1181
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $6.61M | ﹤0.01% |
443,487
+150,383
| +51% | +$2.22M |
|
1182
HDFC Bank
HDB
$119B
| $6.59M | ﹤0.01% |
+188,394
| New | +$6.35M |
|
1183
PUT
Twilio
TWLO
$37.9B
| $6.56M | ﹤0.01% |
+96,800
| New | +$5.71M |
|
1184
PUT
Norwegian Cruise Line
NCLH
$8.69B
| $6.54M | ﹤0.01% |
+300,000
| New | +$4.59M |
|
1185
PUT
Palo Alto Networks
PANW
$323B
| $6.5M | ﹤0.01% |
50,800
+30,000
| +144% | +$3.12M |
|
|
WRK
1186
DELISTED
WestRock Company
WRK
| $6.48M | ﹤0.01% |
215,322
-25,225
| -10% | -$732K |
|
1187
Vanguard Total World Stock ETF
VT
$81.9B
| $6.47M | ﹤0.01% |
66,149
-771
| -1% | -$72.3K |
|
1188
PUT
Airbnb
ABNB
$111B
| $6.44M | ﹤0.01% |
+50,000
| New | +$5.85M |
|
1189
PUT
Micron Technology
MU
$1.07T
| $6.44M | ﹤0.01% |
83,600
+25,000
| +43% | +$1.61M |
|
1190
Flowserve
FLS
$10.3B
| $6.43M | ﹤0.01% |
172,411
+4,871
| +3% | +$169K |
|
1191
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $6.42M | ﹤0.01% |
126,383
-792,003
| -86% | -$40M |
|
1192
CALL
Ross Stores
ROST
$79.6B
| $6.42M | ﹤0.01% |
+57,100
| New | +$6M |
|
|
PRMW
1193
DELISTED
Primo Water Corporation
PRMW
| $6.42M | ﹤0.01% |
487,132
-6,805
| -1% | -$95.2K |
|
1194
Pentair
PNR
$10.5B
| $6.4M | ﹤0.01% |
98,749
+5,701
| +6% | +$328K |
|
1195
PUT
ChargePoint
CHPT
$166M
| $6.39M | ﹤0.01% |
35,915
+24,905
| +226% | +$4.37M |
|
1196
SEI Investments
SEIC
$12.7B
| $6.38M | ﹤0.01% |
106,723
-18,544
| -15% | -$1.08M |
|
1197
Woodward
WWD
$21.4B
| $6.34M | ﹤0.01% |
53,301
-4,454
| -8% | -$472K |
|
1198
Transmedics
TMDX
$3.02B
| $6.34M | ﹤0.01% |
+72,961
| New | +$5.59M |
|
1199
iShares Short Maturity Bond ETF
NEAR
$4.88B
| $6.34M | ﹤0.01% |
127,519
+103,456
| +430% | +$5.13M |
|
1200
APA Corp
APA
$14B
| $6.33M | ﹤0.01% |
182,747
-32,893
| -15% | -$1.15M |
|
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.