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 | 25.32% |
| 2 | Consumer Discretionary | 17.73% |
| 3 | Financials | 14.01% |
| 4 | Technology | 12.46% |
| 5 | Industrials | 4.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1251
Western Union
WU
$2.34B
| $5.74M | ﹤0.01% |
484,389
+370,779
| +326% | +$4.27M |
|
1252
Columbia Sportswear
COLM
$2.88B
| $5.72M | ﹤0.01% |
73,665
+64,366
| +692% | +$5.18M |
|
1253
Huntington Ingalls Industries
HII
$12.8B
| $5.71M | ﹤0.01% |
25,059
+3,693
| +17% | +$767K |
|
1254
Henry Schein
HSIC
$10.1B
| $5.7M | ﹤0.01% |
70,192
+4,038
| +6% | +$319K |
|
1255
PUT
Digital Realty Trust
DLR
$73.1B
| $5.7M | ﹤0.01% |
50,000
+19,600
| +64% | +$1.94M |
|
1256
PUT
Goodyear
GT
$1.78B
| $5.7M | ﹤0.01% |
405,000
| – | – |
|
|
SII
1257
Sprott
SII
$3.03B
| $5.69M | ﹤0.01% |
170,765
+103,229
| +153% | +$3.57M |
|
1258
Booz Allen Hamilton
BAH
$9.43B
| $5.68M | ﹤0.01% |
50,733
-969
| -2% | -$95.8K |
|
1259
CALL
VanEck Semiconductor ETF
SMH
$72.5B
| $5.68M | ﹤0.01% |
37,000
| – | – |
|
1260
iShares Global Infrastructure ETF
IGF
$10.7B
| $5.65M | ﹤0.01% |
119,073
+80,431
| +208% | +$3.84M |
|
1261
PUT
United Airlines
UAL
$41B
| $5.63M | ﹤0.01% |
102,500
-207,500
| -67% | -$9.8M |
|
1262
Advance Auto Parts
AAP
$3.23B
| $5.62M | ﹤0.01% |
79,666
+22,027
| +38% | +$2.27M |
|
1263
Credicorp
BAP
$29.6B
| $5.61M | ﹤0.01% |
37,501
+5,480
| +17% | +$752K |
|
|
FTII
1264
DELISTED
FutureTech II Acquisition Corp. Class A Common Stock
FTII
| $5.58M | ﹤0.01% |
519,466
+4,166
| +0.8% | +$44.2K |
|
|
BLDP
1265
Ballard Power Systems
BLDP
$790M
| $5.51M | ﹤0.01% |
1,074,429
-139
| -0% | -$633 |
|
|
BERY
1266
DELISTED
Berry Global Group, Inc.
BERY
| $5.51M | ﹤0.01% |
92,667
+6,754
| +8% | +$369K |
|
|
1267
PUT
Meta Platforms (Facebook)
META
$1.52T
| $5.49M | ﹤0.01% |
19,100
-12,700
| -40% | -$3.13M |
|
1268
PUT
D.R. Horton
DHI
$40.8B
| $5.48M | ﹤0.01% |
45,000
| – | – |
|
1269
Washington Trust Bancorp
WASH
$750M
| $5.48M | ﹤0.01% |
+190,886
| New | +$5.34M |
|
1270
PUT
Johnson & Johnson
JNJ
$632B
| $5.47M | ﹤0.01% |
33,000
-27,500
| -45% | -$4.44M |
|
1271
VF Corp
VFC
$5.79B
| $5.46M | ﹤0.01% |
279,050
-159,886
| -36% | -$3.28M |
|
1272
WPP
WPP
$5.82B
| $5.46M | ﹤0.01% |
96,694
+815
| +0.9% | +$45.8K |
|
1273
International General Insurance
IGIC
$1.13B
| $5.45M | ﹤0.01% |
609,364
+529,000
| +658% | +$4.56M |
|
1274
iShares Biotechnology ETF
IBB
$9.77B
| $5.42M | ﹤0.01% |
41,241
+16,665
| +68% | +$2.16M |
|
1275
PUT
3M
MMM
$94.2B
| $5.41M | ﹤0.01% |
61,833
+35,880
| +138% | +$3.05M |
|
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.