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 | |
|---|---|---|---|---|---|---|
1351
Haleon
HLN
$42.7B
| $4.54M | ﹤0.01% |
547,320
+106,544
| +24% | +$909K |
|
1352
CALL
Coinbase
COIN
$39.8B
| $4.54M | ﹤0.01% |
+63,400
| New | +$3.78M |
|
1353
PUT
MetLife
MET
$62.2B
| $4.53M | ﹤0.01% |
80,000
| – | – |
|
1354
Sally Beauty Holdings
SBH
$1.56B
| $4.51M | ﹤0.01% |
363,629
-5,649
| -2% | -$71.6K |
|
1355
PUT
Texas Instruments
TXN
$252B
| $4.51M | ﹤0.01% |
+25,000
| New | +$4.3M |
|
1356
PUT
RXO
RXO
$3.87B
| $4.5M | ﹤0.01% |
204,700
-195,300
| -49% | -$3.93M |
|
|
ODP
1357
DELISTED
ODP
ODP
| $4.5M | ﹤0.01% |
95,762
-1,544
| -2% | -$66.3K |
|
1358
United States Oil Fund
USO
$1.76B
| $4.49M | ﹤0.01% |
69,825
+57,585
| +470% | +$3.75M |
|
1359
iShares MSCI Taiwan ETF
EWT
$11.5B
| $4.49M | ﹤0.01% |
67,012
-70,119
| -51% | -$3.2M |
|
1360
PMV Pharmaceuticals
PMVP
$65.6M
| $4.44M | ﹤0.01% |
+698,184
| New | +$3.66M |
|
1361
CALL
Pembina Pipeline
PBA
$28.7B
| $4.42M | ﹤0.01% |
+140,000
| New | +$4.47M |
|
1362
Option Care Health
OPCH
$3.58B
| $4.41M | ﹤0.01% |
134,257
+108,449
| +420% | +$3.27M |
|
|
BNY
1363
PUT
Bank of New York Mellon
BNY
$110B
| $4.4M | ﹤0.01% |
98,500
| – | – |
|
1364
Vanguard Short-Term Treasury ETF
VGSH
$30.3B
| $4.37M | ﹤0.01% |
75,451
-4,799
| -6% | -$279K |
|
1365
Monarch Casino & Resort
MCRI
$2.22B
| $4.37M | ﹤0.01% |
61,628
+58,707
| +2,010% | +$4.1M |
|
1366
PUT
Nutrien
NTR
$32.4B
| $4.33M | ﹤0.01% |
72,300
+52,300
| +262% | +$3.33M |
|
1367
Aecom
ACM
$8.04B
| $4.32M | ﹤0.01% |
49,765
+5,393
| +12% | +$442K |
|
1368
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $4.32M | ﹤0.01% |
20,920
+414
| +2% | +$80.2K |
|
1369
iShares US Healthcare ETF
IYH
$3.73B
| $4.31M | ﹤0.01% |
76,940
+715
| +0.9% | +$39.7K |
|
|
LBAI
1370
DELISTED
Lakeland Bancorp Inc
LBAI
| $4.31M | ﹤0.01% |
+285,490
| New | +$3.98M |
|
1371
Tradeweb Markets
TW
$22.1B
| $4.27M | ﹤0.01% |
60,287
-2,257
| -4% | -$160K |
|
|
NVRO
1372
DELISTED
NEVRO CORP.
NVRO
| $4.27M | ﹤0.01% |
+167,801
| New | +$4.84M |
|
1373
CALL
AT&T
T
$169B
| $4.26M | ﹤0.01% |
+132,300
| New | +$2.25M |
|
1374
Vicor
VICR
$10.6B
| $4.25M | ﹤0.01% |
72,798
-743
| -1% | -$36.7K |
|
1375
CALL
Shopify
SHOP
$202B
| $4.24M | ﹤0.01% |
65,000
-10,000
| -13% | -$565K |
|
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.