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 | |
|---|---|---|---|---|---|---|---|
1601
Global X S&P 500 Catholic Values ETF
CATH
$1.36B
| $2.69M | ﹤0.01% |
235,410
-3,300
| -1% | -$170K |
2021 Q4
6 quarters
|
|
1602
PepGen
PEPG
$153M
| $2.66M | ﹤0.01% |
+199,532
| New | +$2.61M |
2023 Q2
0 quarters
|
|
1603
Ares Management
ARES
$26.5B
| $2.66M | ﹤0.01% |
27,401
-11,877
| -30% | -$1.03M |
2021 Q3
7 quarters
|
|
|
HBI
1604
DELISTED
Hanesbrands
HBI
| $2.66M | ﹤0.01% |
563,163
-71,224
| -11% | -$326K |
2013 Q2
40 quarters
|
|
1605
Hovnanian Enterprises
HOV
$685M
| $2.65M | ﹤0.01% |
26,298
-201
| -0.8% | -$16.6K |
2021 Q3
7 quarters
|
|
|
GAP
1606
PUT
The Gap Inc
GAP
$7.98B
| $2.64M | ﹤0.01% |
275,500
| – | – |
2022 Q4
2 quarters
|
|
1607
California Water Service
CWT
$2.79B
| $2.64M | ﹤0.01% |
48,652
+3,875
| +9% | +$218K |
2013 Q2
40 quarters
|
|
1608
Sprott Uranium Miners ETF
URNM
$1.81B
| $2.64M | ﹤0.01% |
75,653
-2,852
| -4% | -$90.2K |
2022 Q3
3 quarters
|
|
1609
CALL
Broadcom
AVGO
$1.64T
| $2.64M | ﹤0.01% |
+30,000
| New | +$2.14M |
2023 Q2
0 quarters
|
|
1610
nVent Electric
NVT
$26.8B
| $2.63M | ﹤0.01% |
50,764
+23,056
| +83% | +$1.02M |
2018 Q2
20 quarters
|
|
1611
Constellium
CSTM
$3.34B
| $2.62M | ﹤0.01% |
152,024
-283,826
| -65% | -$4.35M |
2014 Q1
37 quarters
|
|
|
SKGR
1612
DELISTED
SK Growth Opportunities Corporation Class A Common Stock
SKGR
| $2.62M | ﹤0.01% |
+247,664
| New | +$2.6M |
2023 Q2
0 quarters
|
|
1613
Southwest Gas
SWX
$5.92B
| $2.61M | ﹤0.01% |
40,669
-1,576
| -4% | -$93.2K |
2013 Q2
40 quarters
|
|
1614
PUT
Cinemark Holdings
CNK
$4.19B
| $2.61M | ﹤0.01% |
+150,000
| New | +$2.49M |
2023 Q2
0 quarters
|
|
|
LBRDA
1615
DELISTED
Liberty Broadband Class A
LBRDA
| $2.6M | ﹤0.01% |
32,595
-214
| -0.7% | -$16.5K |
2015 Q1
33 quarters
|
|
1616
iShares Europe ETF
IEV
$1.57B
| $2.6M | ﹤0.01% |
50,862
+48,985
| +2,610% | +$2.49M |
2013 Q2
40 quarters
|
|
1617
Zions Bancorporation
ZION
$9.14B
| $2.6M | ﹤0.01% |
89,880
+4,756
| +6% | +$132K |
2013 Q2
40 quarters
|
|
|
PINC
1618
DELISTED
Premier
PINC
| $2.59M | ﹤0.01% |
92,532
+81,290
| +723% | +$2.32M |
2017 Q4
22 quarters
|
|
1619
State Street SPDR Bloomberg International Corporate Bond ETF
IBND
$439M
| $2.59M | ﹤0.01% |
90,753
+90,000
| +11,952% | +$2.56M |
2021 Q2
8 quarters
|
|
1620
Allison Transmission
ALSN
$9.6B
| $2.58M | ﹤0.01% |
45,781
-7,748
| -14% | -$381K |
2014 Q2
36 quarters
|
|
|
LOCC.U
1621
DELISTED
Live Oak Crestview Climate Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one warrant
LOCC.U
| $2.57M | ﹤0.01% |
+250,000
| New | +$2.56M |
2023 Q2
0 quarters
|
|
1622
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.42B
| $2.56M | ﹤0.01% |
53,058
-8,503
| -14% | -$411K |
2014 Q1
37 quarters
|
|
1623
ProShares Short QQQ
PSQ
$588M
| $2.56M | ﹤0.01% |
47,608
+47,508
| +47,508% | +$2.78M |
2022 Q4
2 quarters
|
|
1624
Snap
SNAP
$9.56B
| $2.56M | ﹤0.01% |
173,861
+52,002
| +43% | +$522K |
2017 Q1
25 quarters
|
|
1625
PUT
Caesars Entertainment
CZR
$6.04B
| $2.56M | ﹤0.01% |
50,000
| – | – |
2022 Q4
2 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.