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 | Miscellaneous | 11.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1476
Tilray
TLRY
$528M
| $3.43M | ﹤0.01% |
217,277
-42,861
| -16% | -$919K |
2018 Q3
19 quarters
|
|
1477
PUT
Berkshire Hathaway Class B
BRK.B
$1.07T
| $3.42M | ﹤0.01% |
10,000
| – | – |
2022 Q2
4 quarters
|
|
|
SVII
1478
DELISTED
Spring Valley Acquisition Corp II
SVII
| $3.41M | ﹤0.01% |
+323,518
| New | +$3.39M |
2023 Q2
0 quarters
|
|
1479
Brinker International
EAT
$8.14B
| $3.41M | ﹤0.01% |
88,721
-39,549
| -31% | -$1.49M |
2022 Q4
2 quarters
|
|
1480
Schwab US Large- Cap ETF
SCHX
$74B
| $3.4M | ﹤0.01% |
194,424
-20,706
| -10% | -$342K |
2013 Q2
40 quarters
|
|
1481
Denison Mines
DNN
$2.3B
| $3.4M | ﹤0.01% |
2,695,553
-27,311
| -1% | -$30.3K |
2013 Q2
40 quarters
|
|
1482
Omeros
OMER
$1.34B
| $3.4M | ﹤0.01% |
563,297
+202
| +0% | +$1.18K |
2013 Q3
39 quarters
|
|
1483
iShares US Medical Devices ETF
IHI
$3.46B
| $3.39M | ﹤0.01% |
59,852
+19,722
| +49% | +$1.09M |
2013 Q2
40 quarters
|
|
1484
PUT
McDonald's
MCD
$164B
| $3.37M | ﹤0.01% |
11,300
| – | – |
2023 Q1
1 quarter
|
|
1485
Federal Realty Investment Trust
FRT
$9.39B
| $3.37M | ﹤0.01% |
34,626
-2,336
| -6% | -$220K |
2013 Q2
40 quarters
|
|
1486
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
BCD
$439M
| $3.37M | ﹤0.01% |
+103,572
| New | +$3.36M |
2023 Q2
0 quarters
|
|
1487
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.09B
| $3.36M | ﹤0.01% |
109,332
+60,711
| +125% | +$1.85M |
2017 Q2
24 quarters
|
|
|
ABST
1488
DELISTED
Absolute Software Corp
ABST
| $3.35M | ﹤0.01% |
292,750
-55,320
| -16% | -$554K |
2020 Q4
10 quarters
|
|
1489
First Financial Corp
THFF
$880M
| $3.35M | ﹤0.01% |
+92,833
| New | +$3.17M |
2023 Q2
0 quarters
|
|
1490
PUT
Macy's
M
$5.94B
| $3.35M | ﹤0.01% |
205,000
| – | – |
2022 Q4
2 quarters
|
|
|
XYZ
1491
PUT
Block Inc
XYZ
$44.5B
| $3.34M | ﹤0.01% |
+50,000
| New | +$3.12M |
2023 Q2
0 quarters
|
|
1492
PUT
Southern Copper
SCCO
$168B
| $3.34M | ﹤0.01% |
48,906
| – | – |
2022 Q3
3 quarters
|
|
1493
Darling Ingredients
DAR
$9.73B
| $3.3M | ﹤0.01% |
50,686
+21,056
| +71% | +$1.28M |
2013 Q2
40 quarters
|
|
1494
PUT
Virgin Galactic
SPCE
$453M
| $3.3M | ﹤0.01% |
34,800
+22,300
| +178% | +$1.77M |
2022 Q1
5 quarters
|
|
1495
JetBlue
JBLU
$1.57B
| $3.29M | ﹤0.01% |
370,202
-150,546
| -29% | -$1.09M |
2013 Q2
40 quarters
|
|
1496
TG Therapeutics
TGTX
$8.21B
| $3.29M | ﹤0.01% |
127,933
+11,704
| +10% | +$302K |
2020 Q2
12 quarters
|
|
1497
Simplify Interest Rate Hedge ETF
PFIX
$222M
| $3.28M | ﹤0.01% |
51,528
-121,139
| -70% | -$7.76M |
2022 Q4
2 quarters
|
|
|
FNA
1498
DELISTED
Paragon 28, Inc.
FNA
| $3.28M | ﹤0.01% |
+176,401
| New | +$3.17M |
2023 Q2
0 quarters
|
|
|
MCAA
1499
DELISTED
Mountain & Co. I Acquisition Corp. Class A Ordinary Shares
MCAA
| $3.28M | ﹤0.01% |
+298,202
| New | +$3.22M |
2023 Q2
0 quarters
|
|
|
RYZ
1500
Ryerson Holding Corp
RYZ
$1.27B
| $3.27M | ﹤0.01% |
75,101
-138,306
| -65% | -$5.13M |
2021 Q4
6 quarters
|
|
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 $9.84B 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.