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 | |
|---|---|---|---|---|---|---|---|
|
ITOS
1526
DELISTED
iTeos Therapeutics
ITOS
| $3.1M | ﹤0.01% |
+171,389
| New | +$2.44M |
2023 Q2
0 quarters
|
|
1527
US Foods
USFD
$20.3B
| $3.1M | ﹤0.01% |
70,374
+17,510
| +33% | +$695K |
2022 Q4
2 quarters
|
|
1528
New Jersey Resources
NJR
$5.19B
| $3.09M | ﹤0.01% |
64,911
-8,567
| -12% | -$432K |
2013 Q2
40 quarters
|
|
1529
Cable One
CABO
$58.8M
| $3.09M | ﹤0.01% |
4,486
+25
| +0.6% | +$16.9K |
2015 Q3
31 quarters
|
|
1530
Virgin Galactic
SPCE
$453M
| $3.08M | ﹤0.01% |
32,522
+18,399
| +130% | +$1.46M |
2021 Q3
7 quarters
|
|
1531
Travel + Leisure Co
TNL
$3.86B
| $3.06M | ﹤0.01% |
52,559
-853
| -2% | -$32.9K |
2013 Q2
40 quarters
|
|
1532
BlackLine
BL
$1.6B
| $3.06M | ﹤0.01% |
56,296
-35,600
| -39% | -$1.98M |
2018 Q1
21 quarters
|
|
1533
iShares Bloomberg Roll Select Commodity Strategy ETF
CMDY
$706M
| $3.05M | ﹤0.01% |
+59,481
| New | +$3M |
2023 Q2
0 quarters
|
|
1534
CRH
CRH
$54.4B
| $3.05M | ﹤0.01% |
54,663
+33,806
| +162% | +$1.69M |
2013 Q2
40 quarters
|
|
|
B
1535
PUT
Barrick Mining
B
$66B
| $3.05M | ﹤0.01% |
+180,000
| New | +$3.28M |
2023 Q2
0 quarters
|
|
1536
State Street SPDR S&P Bank ETF
KBE
$1.48B
| $3.05M | ﹤0.01% |
79,797
+1,516
| +2% | +$54K |
2013 Q2
40 quarters
|
|
1537
WisdomTree Europe SmallCap Dividend Fund
DFE
$161M
| $3.04M | ﹤0.01% |
51,341
+50,946
| +12,898% | +$2.98M |
2013 Q3
39 quarters
|
|
1538
Healthcare Realty
HR
$5.97B
| $3.04M | ﹤0.01% |
155,495
+14,112
| +10% | +$273K |
2013 Q2
40 quarters
|
|
1539
UFP Industries
UFPI
$4.25B
| $3.04M | ﹤0.01% |
31,145
+21,401
| +220% | +$1.79M |
2013 Q2
40 quarters
|
|
1540
Shoals Technologies Group
SHLS
$1.37B
| $3.02M | ﹤0.01% |
118,142
-95,989
| -45% | -$2.22M |
2021 Q1
9 quarters
|
|
1541
IPG Photonics
IPGP
$3.56B
| $3.02M | ﹤0.01% |
22,231
-1,616
| -7% | -$190K |
2014 Q4
34 quarters
|
|
|
ETNB
1542
DELISTED
89bio
ETNB
| $3.01M | ﹤0.01% |
+149,701
| New | +$2.63M |
2023 Q2
0 quarters
|
|
1543
NetEase
NTES
$77.2B
| $3.01M | ﹤0.01% |
+30,505
| New | +$2.75M |
2023 Q2
0 quarters
|
|
1544
Kite Realty
KRG
$4.9B
| $3M | ﹤0.01% |
134,058
-13,930
| -9% | -$287K |
2013 Q2
40 quarters
|
|
|
BAND
1545
Bandwidth Inc
BAND
$2.01B
| $2.99M | ﹤0.01% |
212,305
+31,105
| +17% | +$392K |
2019 Q2
16 quarters
|
|
|
DNMR
1546
PUT
DELISTED
Danimer Scientific, Inc.
DNMR
| $2.99M | ﹤0.01% |
+25,000
| New | +$3.21M |
2023 Q2
0 quarters
|
|
1547
Stride
LRN
$3.22B
| $2.99M | ﹤0.01% |
70,915
+453
| +0.6% | +$18.1K |
2013 Q2
40 quarters
|
|
1548
MP Materials
MP
$8.21B
| $2.98M | ﹤0.01% |
129,803
+37,147
| +40% | +$852K |
2020 Q4
10 quarters
|
|
|
DOC
1549
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $2.98M | ﹤0.01% |
206,174
+20,206
| +11% | +$287K |
2013 Q3
39 quarters
|
|
1550
iShares Cybersecurity and Tech ETF
IHAK
$1.16B
| $2.98M | ﹤0.01% |
77,800
+38,554
| +98% | +$1.38M |
2021 Q1
9 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.