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 | |
|---|---|---|---|---|---|---|
101
PUT
Alphabet (Google) Class A
GOOGL
$4.21T
| $363K | 0.17% |
2,686,000
+2,450,000
| +1,038% | +$288M |
|
102
AT&T
T
$166B
| $360K | 0.17% |
11,194,116
-4,739,293
| -30% | -$94.5M |
|
103
Comcast
CMCSA
$89.9B
| $358K | 0.17% |
6,225,312
-285,595
| -4% | -$12.2M |
|
104
McDonald's
MCD
$195B
| $354K | 0.16% |
1,438,800
+27,537
| +2% | +$6.78M |
|
105
Verizon
VZ
$195B
| $344K | 0.16% |
6,384,742
-801,840
| -11% | -$40.6M |
|
106
CALL
Invesco QQQ Trust
QQQ
$482B
| $322K | 0.15% |
1,100,000
-550,000
| -33% | -$171M |
|
107
VanEck Gold Miners ETF
GDX
$27.8B
| $318K | 0.15% |
7,879,134
+2,584,856
| +49% | +$87.2M |
|
108
Lockheed Martin
LMT
$140B
| $315K | 0.15% |
744,304
+231,531
| +45% | +$102M |
|
|
PXD
109
DELISTED
Pioneer Natural Resource Co.
PXD
| $308K | 0.14% |
1,296,324
+14,407
| +1% | +$3.65M |
|
110
Vanguard Real Estate ETF
VNQ
$38.5B
| $305K | 0.14% |
3,255,948
+45,587
| +1% | +$4.54M |
|
111
Baidu
BIDU
$35.4B
| $301K | 0.14% |
1,620,255
-478,724
| -23% | -$63.3M |
|
112
Union Pacific
UNP
$174B
| $296K | 0.14% |
1,300,676
-70,514
| -5% | -$16M |
|
113
Waste Management
WM
$90.7B
| $284K | 0.13% |
1,888,998
-284,584
| -13% | -$44.6M |
|
114
Amgen
AMGN
$226B
| $283K | 0.13% |
1,108,339
-293,861
| -21% | -$72M |
|
115
General Dynamics
GD
$107B
| $283K | 0.13% |
1,254,980
-114,663
| -8% | -$26.4M |
|
116
Prologis
PLD
$133B
| $280K | 0.13% |
2,248,606
+363,255
| +19% | +$50.2M |
|
117
PUT
Visa
V
$672B
| $279K | 0.13% |
1,252,700
-1,768,400
| -59% | -$365M |
|
118
Magna International
MGA
$18.6B
| $272K | 0.13% |
4,601,282
-485,252
| -10% | -$29.6M |
|
119
PUT
PayPal
PYPL
$50.3B
| $269K | 0.12% |
928,100
-2,087,000
| -69% | -$181M |
|
|
120
PUT
Walt Disney
DIS
$178B
| $263K | 0.12% |
1,423,300
-5,893,200
| -81% | -$654M |
|
121
CGI
GIB
$15.2B
| $262K | 0.12% |
3,155,706
+85,922
| +3% | +$6.93M |
|
122
Medtronic
MDT
$116B
| $256K | 0.12% |
2,838,042
+259,917
| +10% | +$26.3M |
|
123
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $253K | 0.12% |
3,049,659
+2,908,258
| +2,057% | +$241M |
|
124
Cenovus Energy
CVE
$55.6B
| $253K | 0.12% |
12,412,115
-7,869,208
| -39% | -$157M |
|
125
iShares MSCI EAFE ETF
EFA
$80.1B
| $251K | 0.12% |
3,320,636
-137,576
| -4% | -$9.36M |
|
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.