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 | |
|---|---|---|---|---|---|---|
1326
Jakks Pacific
JAKK
$288M
| $4.8M | ﹤0.01% |
+218,102
| New | +$4.72M |
|
1327
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.81B
| $4.8M | ﹤0.01% |
193,920
-3,437
| -2% | -$84.4K |
|
1328
Chemours
CC
$2.29B
| $4.78M | ﹤0.01% |
129,191
+20,725
| +19% | +$633K |
|
1329
iShares MSCI KLD 400 Social ETF
DSI
$5.58B
| $4.73M | ﹤0.01% |
56,057
+3,857
| +7% | +$307K |
|
1330
PUT
Carvana
CVNA
$81B
| $4.72M | ﹤0.01% |
891,000
+850,000
| +2,073% | +$2.36M |
|
1331
PUT
Chevron
CVX
$388B
| $4.72M | ﹤0.01% |
29,800
+17,700
| +146% | +$2.84M |
|
|
UTAA
1332
DELISTED
UTA Acquisition Corporation Class A Ordinary Shares
UTAA
| $4.69M | ﹤0.01% |
+440,015
| New | +$4.62M |
|
|
SCHQ
1333
Schwab Long-Term US Treasury ETF
SCHQ
$798M
| $4.68M | ﹤0.01% |
+124,500
| New | +$4.56M |
|
|
DNAD
1334
DELISTED
Social Capital Suvretta Holdings Corp. IV Class A Ordinary Shares
DNAD
| $4.67M | ﹤0.01% |
+450,558
| New | +$4.64M |
|
1335
Sun Communities
SUI
$14.6B
| $4.66M | ﹤0.01% |
34,569
-5,234
| -13% | -$700K |
|
|
KCGI
1336
DELISTED
Kensington Capital Acquisition Corp. V
KCGI
| $4.66M | ﹤0.01% |
440,817
-1,223,748
| -74% | -$12.8M |
|
1337
Natera
NTRA
$45.5B
| $4.64M | ﹤0.01% |
91,801
-150,758
| -62% | -$7.69M |
|
1338
Franklin Resources
BEN
$17.1B
| $4.64M | ﹤0.01% |
171,807
-52,817
| -24% | -$1.36M |
|
1339
Regency Centers
REG
$13.9B
| $4.63M | ﹤0.01% |
74,829
+7,985
| +12% | +$475K |
|
1340
Myriad Genetics
MYGN
$303M
| $4.63M | ﹤0.01% |
195,292
+181,049
| +1,271% | +$3.95M |
|
1341
CALL
Imperial Oil
IMO
$64B
| $4.63M | ﹤0.01% |
90,000
-70,000
| -44% | -$3.48M |
|
1342
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.43B
| $4.62M | ﹤0.01% |
39,892
-1,047
| -3% | -$114K |
|
1343
Prothena Corp
PRTA
$466M
| $4.61M | ﹤0.01% |
+66,767
| New | +$4.31M |
|
1344
Vanguard Total International Stock ETF
VXUS
$164B
| $4.59M | ﹤0.01% |
79,738
-990,343
| -93% | -$55.4M |
|
1345
PUT
Palantir
PLTR
$430B
| $4.59M | ﹤0.01% |
281,100
-243,600
| -46% | -$2.77M |
|
1346
Clarivate
CLVT
$1.25B
| $4.57M | ﹤0.01% |
478,765
+459,325
| +2,363% | +$3.89M |
|
1347
iShares MSCI Thailand ETF
THD
$354M
| $4.57M | ﹤0.01% |
45,530
-26,537
| -37% | -$1.86M |
|
1348
Entegris
ENTG
$25B
| $4.55M | ﹤0.01% |
40,923
+866
| +2% | +$79K |
|
1349
CALL
Nutanix
NTNX
$18.4B
| $4.55M | ﹤0.01% |
153,600
| – | – |
|
1350
iShares MSCI Kuwait ETF
KWT
$69.4M
| $4.54M | ﹤0.01% |
141,200
| – | – |
|
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.