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 | |
|---|---|---|---|---|---|---|
1226
Albertsons Companies
ACI
$5.83B
| $6.01M | ﹤0.01% |
275,269
-91,133
| -25% | -$1.9M |
|
|
UNIT
1227
Uniti Group
UNIT
$2.31B
| $6.01M | ﹤0.01% |
1,298,036
+499,841
| +63% | +$1.88M |
|
1228
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.67B
| $6M | ﹤0.01% |
65,956
+60,986
| +1,227% | +$5.58M |
|
1229
CALL
Five Below
FIVE
$13.2B
| $5.99M | ﹤0.01% |
+30,000
| New | +$5.86M |
|
1230
ArcBest
ARCB
$3.28B
| $5.98M | ﹤0.01% |
60,248
+56,196
| +1,387% | +$5.02M |
|
1231
SiriusXM
SIRI
$9.43B
| $5.98M | ﹤0.01% |
131,340
+53,553
| +69% | +$2.02M |
|
1232
Macy's
M
$6.26B
| $5.97M | ﹤0.01% |
365,622
-410,643
| -53% | -$6.57M |
|
1233
PUT
Kinross Gold
KGC
$31.9B
| $5.92M | ﹤0.01% |
+1,199,400
| New | +$5.99M |
|
|
GOOS
1234
Canada Goose Holdings
GOOS
$850M
| $5.92M | ﹤0.01% |
332,858
+47,826
| +17% | +$860K |
|
1235
PUT
Shopify
SHOP
$204B
| $5.92M | ﹤0.01% |
90,900
-25,000
| -22% | -$1.41M |
|
1236
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $5.9M | ﹤0.01% |
64,159
-12,409
| -16% | -$1.14M |
|
1237
Pinterest
PINS
$13.2B
| $5.89M | ﹤0.01% |
215,004
-651,545
| -75% | -$16.2M |
|
1238
HSBC
HSBC
$358B
| $5.88M | ﹤0.01% |
148,481
+64,521
| +77% | +$2.41M |
|
1239
PROG Holdings
PRG
$1.64B
| $5.88M | ﹤0.01% |
172,001
-2,229
| -1% | -$67.2K |
|
|
NEWR
1240
DELISTED
New Relic, Inc.
NEWR
| $5.87M | ﹤0.01% |
83,800
+25,131
| +43% | +$1.81M |
|
1241
Invesco
IVZ
$13.9B
| $5.86M | ﹤0.01% |
347,115
-869,657
| -71% | -$14M |
|
|
DAY
1242
DELISTED
Dayforce
DAY
| $5.86M | ﹤0.01% |
87,206
+24,798
| +40% | +$1.6M |
|
1243
Casey's General Stores
CASY
$31B
| $5.85M | ﹤0.01% |
23,934
+85
| +0.4% | +$19.3K |
|
1244
HealthStream
HSTM
$849M
| $5.84M | ﹤0.01% |
+235,205
| New | +$5.84M |
|
|
TMHC
1245
DELISTED
Taylor Morrison
TMHC
| $5.83M | ﹤0.01% |
119,170
-294,674
| -71% | -$12.7M |
|
1246
Fox Class A
FOXA
$27.5B
| $5.81M | ﹤0.01% |
168,720
+20,999
| +14% | +$687K |
|
1247
Logitech
LOGI
$15B
| $5.79M | ﹤0.01% |
97,188
+5,852
| +6% | +$354K |
|
1248
PUT
DoorDash
DASH
$92.1B
| $5.78M | ﹤0.01% |
+75,000
| New | +$4.98M |
|
1249
CI&T Inc
CINT
$465M
| $5.78M | ﹤0.01% |
903,378
-50,100
| -5% | -$242K |
|
1250
Avantor
AVTR
$9.37B
| $5.78M | ﹤0.01% |
281,152
+246,809
| +719% | +$4.99M |
|
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.