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 | |
|---|---|---|---|---|---|---|
1476
Tilray
TLRY
$618M
| $3.43M | ﹤0.01% |
217,277
-42,861
| -16% | -$919K |
|
1477
PUT
Berkshire Hathaway Class B
BRK.B
$1.08T
| $3.42M | ﹤0.01% |
10,000
| – | – |
|
|
SVII
1478
DELISTED
Spring Valley Acquisition Corp II
SVII
| $3.41M | ﹤0.01% |
+323,518
| New | +$3.39M |
|
1479
Brinker International
EAT
$10.1B
| $3.41M | ﹤0.01% |
88,721
-39,549
| -31% | -$1.49M |
|
1480
Schwab US Large- Cap ETF
SCHX
$74.8B
| $3.4M | ﹤0.01% |
194,424
-20,706
| -10% | -$342K |
|
1481
Denison Mines
DNN
$2.94B
| $3.4M | ﹤0.01% |
2,695,553
-27,311
| -1% | -$30.3K |
|
1482
Omeros
OMER
$1.25B
| $3.4M | ﹤0.01% |
563,297
+202
| +0% | +$1.18K |
|
1483
iShares US Medical Devices ETF
IHI
$3.48B
| $3.39M | ﹤0.01% |
59,852
+19,722
| +49% | +$1.09M |
|
1484
PUT
McDonald's
MCD
$195B
| $3.37M | ﹤0.01% |
11,300
| – | – |
|
1485
Federal Realty Investment Trust
FRT
$10.4B
| $3.37M | ﹤0.01% |
34,626
-2,336
| -6% | -$220K |
|
1486
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
BCD
$415M
| $3.37M | ﹤0.01% |
+103,572
| New | +$3.36M |
|
1487
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$2.97B
| $3.36M | ﹤0.01% |
109,332
+60,711
| +125% | +$1.85M |
|
|
ABST
1488
DELISTED
Absolute Software Corp
ABST
| $3.35M | ﹤0.01% |
292,750
-55,320
| -16% | -$554K |
|
1489
First Financial Corp
THFF
$977M
| $3.35M | ﹤0.01% |
+92,833
| New | +$3.17M |
|
1490
PUT
Macy's
M
$6.18B
| $3.35M | ﹤0.01% |
205,000
| – | – |
|
|
XYZ
1491
PUT
Block Inc
XYZ
$49.7B
| $3.34M | ﹤0.01% |
+50,000
| New | +$3.12M |
|
1492
PUT
Southern Copper
SCCO
$157B
| $3.34M | ﹤0.01% |
48,906
| – | – |
|
1493
Darling Ingredients
DAR
$10.6B
| $3.3M | ﹤0.01% |
50,686
+21,056
| +71% | +$1.28M |
|
1494
PUT
Virgin Galactic
SPCE
$498M
| $3.3M | ﹤0.01% |
34,800
+22,300
| +178% | +$1.77M |
|
1495
JetBlue
JBLU
$2.14B
| $3.29M | ﹤0.01% |
370,202
-150,546
| -29% | -$1.09M |
|
1496
TG Therapeutics
TGTX
$7.43B
| $3.29M | ﹤0.01% |
127,933
+11,704
| +10% | +$302K |
|
1497
Simplify Interest Rate Hedge ETF
PFIX
$180M
| $3.28M | ﹤0.01% |
51,528
-121,139
| -70% | -$7.76M |
|
|
FNA
1498
DELISTED
Paragon 28, Inc.
FNA
| $3.28M | ﹤0.01% |
+176,401
| New | +$3.17M |
|
|
MCAA
1499
DELISTED
Mountain & Co. I Acquisition Corp. Class A Ordinary Shares
MCAA
| $3.28M | ﹤0.01% |
+298,202
| New | +$3.22M |
|
|
RYZ
1500
Ryerson Holding Corp
RYZ
$1.5B
| $3.27M | ﹤0.01% |
75,101
-138,306
| -65% | -$5.13M |
|
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.