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 | |
|---|---|---|---|---|---|---|
|
EVBG
1376
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $4.23M | ﹤0.01% |
155,507
-2,444
| -2% | -$65.9K |
|
1377
Lamar Advertising Co
LAMR
$15.8B
| $4.22M | ﹤0.01% |
42,551
-13,382
| -24% | -$1.3M |
|
1378
Algoma Steel
ASTL
$467M
| $4.22M | ﹤0.01% |
542,559
+32,432
| +6% | +$241K |
|
1379
State Street Blackstone Senior Loan ETF
SRLN
$5.38B
| $4.22M | ﹤0.01% |
100,817
-5,268
| -5% | -$218K |
|
1380
LiveRamp
RAMP
$2.31B
| $4.22M | ﹤0.01% |
146,868
+425
| +0.3% | +$10.5K |
|
1381
Matador Resources
MTDR
$6.52B
| $4.21M | ﹤0.01% |
79,860
-22,816
| -22% | -$1.1M |
|
1382
Veeco
VECO
$3.28B
| $4.2M | ﹤0.01% |
161,412
-26,008
| -14% | -$572K |
|
1383
Interactive Brokers
IBKR
$41.2B
| $4.2M | ﹤0.01% |
200,732
-55,928
| -22% | -$1.1M |
|
1384
iShares ESG Optimized MSCI USA ETF
SUSA
$4.2B
| $4.2M | ﹤0.01% |
44,724
+1,954
| +5% | +$174K |
|
1385
RH
RH
$3.41B
| $4.2M | ﹤0.01% |
12,715
-5,105
| -29% | -$1.33M |
|
1386
iShares Silver Trust
SLV
$31.8B
| $4.19M | ﹤0.01% |
188,930
-270,482
| -59% | -$6.01M |
|
1387
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.5B
| $4.19M | ﹤0.01% |
45,594
-20,887
| -31% | -$1.93M |
|
1388
Vista Energy
VIST
$7.41B
| $4.17M | ﹤0.01% |
171,502
-21,895
| -11% | -$476K |
|
1389
UiPath
PATH
$8.48B
| $4.16M | ﹤0.01% |
229,343
+172,470
| +303% | +$2.77M |
|
|
NEWP
1390
New Pacific Metals
NEWP
$1.28B
| $4.14M | ﹤0.01% |
1,893,758
+135
| +0% | +$330 |
|
|
AYX
1391
CALL
DELISTED
Alteryx Inc
AYX
| $4.13M | ﹤0.01% |
+90,000
| New | +$3.94M |
|
1392
DXC Technology
DXC
$1.74B
| $4.12M | ﹤0.01% |
148,637
+30,975
| +26% | +$771K |
|
|
DNMR
1393
DELISTED
Danimer Scientific, Inc.
DNMR
| $4.08M | ﹤0.01% |
34,077
+27,106
| +389% | +$3.48M |
|
1394
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $4.07M | ﹤0.01% |
81,080
-75,107
| -48% | -$3.77M |
|
1395
Hexcel
HXL
$7.74B
| $4.06M | ﹤0.01% |
53,163
-9,978
| -16% | -$711K |
|
1396
CALL
Pan American Silver
PAAS
$20.3B
| $4.03M | ﹤0.01% |
+262,800
| New | +$4.34M |
|
1397
Pacer Data & Infrastructure Real Estate ETF
SRVR
$392M
| $4.02M | ﹤0.01% |
+136,528
| New | +$3.96M |
|
1398
Genesco
GCO
$390M
| $4.01M | ﹤0.01% |
+160,022
| New | +$4.63M |
|
1399
CALL
KraneShares CSI China Internet ETF
KWEB
$5.32B
| $4.01M | ﹤0.01% |
135,000
+50,000
| +59% | +$1.39M |
|
1400
PUT
Moderna
MRNA
$24.7B
| $4.01M | ﹤0.01% |
29,800
+28,300
| +1,887% | +$3.78M |
|
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.