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 | |
|---|---|---|---|---|---|---|
1276
Valmont Industries
VMI
$9.52B
| $5.36M | ﹤0.01% |
18,333
-475
| -3% | -$137K |
|
1277
NovaGold Resources
NG
$3.45B
| $5.36M | ﹤0.01% |
1,046,590
-116,214
| -10% | -$625K |
|
|
MPT
1278
PUT
Medical Properties Trust
MPT
$2.51B
| $5.35M | ﹤0.01% |
577,000
+252,000
| +78% | +$2.13M |
|
1279
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.38B
| $5.34M | ﹤0.01% |
215,848
+175,369
| +433% | +$4.16M |
|
1280
PUT
iShares MSCI Japan ETF
EWJ
$23.2B
| $5.33M | ﹤0.01% |
+84,000
| New | +$5.06M |
|
|
INN
1281
Summit Hotel Properties
INN
$656M
| $5.3M | ﹤0.01% |
813,402
-51,341
| -6% | -$340K |
|
1282
Fortuna Silver Mines
FSM
$3.1B
| $5.29M | ﹤0.01% |
1,586,012
+785,210
| +98% | +$2.8M |
|
1283
Lloyds Banking Group
LYG
$90B
| $5.29M | ﹤0.01% |
2,329,126
+989,637
| +74% | +$2.27M |
|
1284
PUT
Matador Resources
MTDR
$6.39B
| $5.28M | ﹤0.01% |
+100,000
| New | +$4.83M |
|
1285
News Corp Class A
NWSA
$15.5B
| $5.26M | ﹤0.01% |
268,757
+86,124
| +47% | +$1.56M |
|
1286
VanEck Semiconductor ETF
SMH
$72.5B
| $5.26M | ﹤0.01% |
34,313
+11,253
| +49% | +$1.52M |
|
|
TWCB
1287
DELISTED
Bilander Acquisition Corp. Class A Common Stock
TWCB
| $5.25M | ﹤0.01% |
500,000
-14,350
| -3% | -$145K |
|
|
FITB
1288
CALL
Fifth Third Bancorp
FITB
$52.6B
| $5.23M | ﹤0.01% |
+196,500
| New | +$5.07M |
|
|
B
1289
CALL
Barrick Mining
B
$67.3B
| $5.23M | ﹤0.01% |
308,800
-72,200
| -19% | -$1.32M |
|
1290
CALL
Expedia Group
EXPE
$39.1B
| $5.21M | ﹤0.01% |
+47,500
| New | +$4.66M |
|
1291
Aura Biosciences
AURA
$802M
| $5.21M | ﹤0.01% |
+409,574
| New | +$4.38M |
|
|
AZEK
1292
DELISTED
The AZEK Co
AZEK
| $5.19M | ﹤0.01% |
170,622
+42,105
| +33% | +$1.09M |
|
1293
Terex
TEX
$7.57B
| $5.19M | ﹤0.01% |
86,097
+36,308
| +73% | +$1.8M |
|
1294
CALL
Chord Energy
CHRD
$7.35B
| $5.17M | ﹤0.01% |
+33,500
| New | +$4.86M |
|
|
LAZR
1295
DELISTED
Luminar Technologies
LAZR
| $5.14M | ﹤0.01% |
49,656
-129,123
| -72% | -$12.2M |
|
1296
MINISO
MNSO
$3.53B
| $5.13M | ﹤0.01% |
+292,488
| New | +$4.88M |
|
|
SA
1297
Seabridge Gold
SA
$3.5B
| $5.13M | ﹤0.01% |
408,248
-43,939
| -10% | -$597K |
|
1298
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.33B
| $5.13M | ﹤0.01% |
55,653
-61,237
| -52% | -$5.61M |
|
1299
State Street SPDR S&P Global Infrastructure ETF
GII
$930M
| $5.09M | ﹤0.01% |
91,714
+828
| +0.9% | +$45K |
|
1300
Oportun Financial
OPRT
$346M
| $5.08M | ﹤0.01% |
+845,275
| New | +$4.15M |
|
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.