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 | |
|---|---|---|---|---|---|---|---|
1576
FTI Consulting
FCN
$3.91B
| $2.84M | ﹤0.01% |
14,650
+530
| +4% | +$100K |
2013 Q2
40 quarters
|
|
1577
NYLIM Hedge Multi-Strategy Tracker ETF
QAI
$1,000M
| $2.83M | ﹤0.01% |
95,033
-3,210
| -3% | -$94.4K |
2023 Q1
1 quarter
|
|
|
KRTX
1578
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $2.83M | ﹤0.01% |
11,868
-1,025
| -8% | -$220K |
2022 Q2
4 quarters
|
|
1579
DT Midstream
DTM
$12.2B
| $2.82M | ﹤0.01% |
56,657
-2,176
| -4% | -$104K |
2021 Q3
7 quarters
|
|
|
PDCE
1580
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $2.81M | ﹤0.01% |
39,500
+16,000
| +68% | +$1.08M |
2023 Q1
1 quarter
|
|
1581
PUT
Ross Stores
ROST
$74.8B
| $2.81M | ﹤0.01% |
+25,000
| New | +$2.63M |
2023 Q2
0 quarters
|
|
1582
Comtech Telecommunications
CMTL
$39.8M
| $2.81M | ﹤0.01% |
+302,690
| New | +$3.25M |
2023 Q2
0 quarters
|
|
|
THRX
1583
DELISTED
Theseus Pharmaceuticals, Inc. Common Stock
THRX
| $2.8M | ﹤0.01% |
+277,074
| New | +$2.73M |
2023 Q2
0 quarters
|
|
1584
EastGroup Properties
EGP
$10.5B
| $2.78M | ﹤0.01% |
15,909
+678
| +4% | +$113K |
2013 Q2
40 quarters
|
|
1585
Nu Skin
NUS
$221M
| $2.78M | ﹤0.01% |
76,682
+65,739
| +601% | +$2.42M |
2013 Q2
40 quarters
|
|
1586
iShares MSCI Italy ETF
EWI
$1.07B
| $2.77M | ﹤0.01% |
87,003
+86,949
| +161,017% | +$2.7M |
2022 Q3
3 quarters
|
|
1587
LegalZoom.com
LZ
$981M
| $2.76M | ﹤0.01% |
+218,284
| New | +$2.31M |
2023 Q2
0 quarters
|
|
1588
PUT
General Motors
GM
$69.6B
| $2.76M | ﹤0.01% |
71,100
| – | – |
2022 Q1
5 quarters
|
|
1589
Tactile Systems Technology
TCMD
$492M
| $2.76M | ﹤0.01% |
+109,770
| New | +$2.28M |
2023 Q2
0 quarters
|
|
1590
Everspin Technologies
MRAM
$454M
| $2.75M | ﹤0.01% |
280,819
+162,084
| +137% | +$1.22M |
2023 Q1
1 quarter
|
|
1591
Essential Properties Realty Trust
EPRT
$5.54B
| $2.75M | ﹤0.01% |
111,602
+78,318
| +235% | +$1.91M |
2018 Q3
19 quarters
|
|
|
CVSA
1592
Covista Inc
CVSA
$4.2B
| $2.75M | ﹤0.01% |
65,150
-32,180
| -33% | -$1.29M |
2013 Q2
40 quarters
|
|
1593
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$346M
| $2.73M | ﹤0.01% |
85,884
+245
| +0.3% | +$7.64K |
2013 Q2
40 quarters
|
|
1594
Energy Fuels
UUUU
$2.84B
| $2.72M | ﹤0.01% |
425,375
+1,143
| +0.3% | +$6.71K |
2013 Q4
38 quarters
|
|
1595
Beyond Meat
BYND
$142M
| $2.72M | ﹤0.01% |
+6,826
| New | +$2.6M |
2023 Q2
0 quarters
|
|
1596
ONE Gas
OGS
$4.51B
| $2.71M | ﹤0.01% |
32,824
-2,940
| -8% | -$235K |
2014 Q1
37 quarters
|
|
1597
Range Resources
RRC
$8.79B
| $2.71M | ﹤0.01% |
91,574
-143,320
| -61% | -$3.9M |
2013 Q2
40 quarters
|
|
1598
Edgewise Therapeutics
EWTX
$4.4B
| $2.7M | ﹤0.01% |
+316,904
| New | +$2.67M |
2023 Q2
0 quarters
|
|
1599
First Trust Water ETF
FIW
$1.72B
| $2.7M | ﹤0.01% |
30,456
+1,957
| +7% | +$164K |
2020 Q2
12 quarters
|
|
1600
Dell
DELL
$344B
| $2.69M | ﹤0.01% |
49,421
-268,359
| -84% | -$12.3M |
2019 Q1
17 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.