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 | |
|---|---|---|---|---|---|---|
1426
Popular Inc
BPOP
$11.4B
| $3.79M | ﹤0.01% |
+61,018
| New | +$3.6M |
|
1427
CALL
Salesforce
CRM
$160B
| $3.78M | ﹤0.01% |
17,800
-32,200
| -64% | -$6.57M |
|
1428
United Natural Foods
UNFI
$2.94B
| $3.78M | ﹤0.01% |
180,364
+168,730
| +1,450% | +$4.24M |
|
1429
Gold Fields
GFI
$35.8B
| $3.78M | ﹤0.01% |
249,817
-116,602
| -32% | -$1.77M |
|
1430
The Ensign Group
ENSG
$10.6B
| $3.77M | ﹤0.01% |
39,329
-2,115
| -5% | -$199K |
|
1431
PUT
GoDaddy
GDDY
$12.1B
| $3.75M | ﹤0.01% |
+49,700
| New | +$3.67M |
|
1432
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $3.75M | ﹤0.01% |
18,482
-2,516
| -12% | -$482K |
|
1433
Assurant
AIZ
$13.9B
| $3.75M | ﹤0.01% |
28,493
-478
| -2% | -$59.5K |
|
|
TGH
1434
DELISTED
Textainer Group Holdings limited
TGH
| $3.75M | ﹤0.01% |
+93,095
| New | +$3.4M |
|
1435
Fomento Económico Mexicano
FMX
$39.9B
| $3.74M | ﹤0.01% |
33,632
+291
| +0.9% | +$29.3K |
|
1436
CALL
Fortive
FTV
$18.6B
| $3.74M | ﹤0.01% |
+66,350
| New | +$3.35M |
|
1437
Equinor
EQNR
$97.5B
| $3.74M | ﹤0.01% |
122,419
+51,109
| +72% | +$1.46M |
|
1438
CALL
Bunge Global
BG
$21.9B
| $3.73M | ﹤0.01% |
38,500
-6,400
| -14% | -$594K |
|
1439
Guidewire Software
GWRE
$14.4B
| $3.73M | ﹤0.01% |
49,014
+14,572
| +42% | +$1.12M |
|
1440
Mohawk Industries
MHK
$9.42B
| $3.73M | ﹤0.01% |
35,931
+8,277
| +30% | +$811K |
|
1441
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $3.7M | ﹤0.01% |
80,227
-6,980
| -8% | -$323K |
|
1442
PUT
First Solar
FSLR
$24.7B
| $3.69M | ﹤0.01% |
18,600
| – | – |
|
1443
ROBO Global Robotics & Automation Index ETF
ROBO
$2.13B
| $3.69M | ﹤0.01% |
62,221
+41,602
| +202% | +$2.29M |
|
1444
iShares US Pharmaceuticals ETF
IHE
$1.63B
| $3.69M | ﹤0.01% |
61,596
+54,783
| +804% | +$3.26M |
|
1445
iShares US Financials ETF
IYF
$4.43B
| $3.68M | ﹤0.01% |
49,143
+3,786
| +8% | +$273K |
|
1446
Williams-Sonoma
WSM
$28.6B
| $3.66M | ﹤0.01% |
58,378
+788
| +1% | +$47K |
|
|
LSXMA
1447
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $3.66M | ﹤0.01% |
151,610
+52,792
| +53% | +$1.12M |
|
1448
McGrath RentCorp
MGRC
$2.94B
| $3.63M | ﹤0.01% |
+37,171
| New | +$3.4M |
|
1449
Franklin Responsibly Sourced Gold ETF
FGDL
$453M
| $3.63M | ﹤0.01% |
137,840
+125,140
| +985% | +$3.31M |
|
1450
PUT
United States Oil Fund
USO
$1.77B
| $3.63M | ﹤0.01% |
+56,400
| New | +$3.68M |
|
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.