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 | |
|---|---|---|---|---|---|---|
1651
Americold
COLD
$4.25B
| $2.42M | ﹤0.01% |
74,808
-6,009
| -7% | -$179K |
|
1652
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.11B
| $2.41M | ﹤0.01% |
86,758
-123,786
| -59% | -$3.41M |
|
1653
PUT
PTC
PTC
$16.2B
| $2.41M | ﹤0.01% |
+16,800
| New | +$2.23M |
|
1654
CALL
TransAlta
TAC
$4.05B
| $2.41M | ﹤0.01% |
+249,000
| New | +$2.34M |
|
1655
CALL
Ionis Pharmaceuticals
IONS
$9.51B
| $2.41M | ﹤0.01% |
58,000
-12,000
| -17% | -$461K |
|
1656
iShares Core S&P Total US Stock Market ETF
ITOT
$98.3B
| $2.41M | ﹤0.01% |
24,587
-8,717
| -26% | -$806K |
|
1657
Amplify Alternative Harvest ETF
MJ
$110M
| $2.41M | ﹤0.01% |
64,136
-4,356
| -6% | -$168K |
|
1658
Lennox International
LII
$14.6B
| $2.41M | ﹤0.01% |
7,321
-856
| -10% | -$242K |
|
|
WW
1659
CALL
DELISTED
WW International
WW
| $2.41M | ﹤0.01% |
+346,300
| New | +$2.45M |
|
1660
Federal Agricultural Mortgage
AGM
$2.53B
| $2.39M | ﹤0.01% |
15,535
-22,174
| -59% | -$3.04M |
|
|
AL
1661
DELISTED
Air Lease Corp
AL
| $2.38M | ﹤0.01% |
56,967
+580
| +1% | +$23K |
|
1662
NOV
NOV
$7.54B
| $2.38M | ﹤0.01% |
147,895
-37,490
| -20% | -$611K |
|
|
NS
1663
DELISTED
NuStar Energy L.P.
NS
| $2.38M | ﹤0.01% |
137,139
+7,439
| +6% | +$122K |
|
1664
KB Home
KBH
$3.44B
| $2.37M | ﹤0.01% |
45,340
-5,689
| -11% | -$257K |
|
1665
Plains GP Holdings
PAGP
$5.11B
| $2.36M | ﹤0.01% |
159,148
-49,502
| -24% | -$684K |
|
1666
Agree Realty
ADC
$9.3B
| $2.34M | ﹤0.01% |
35,461
-5,450
| -13% | -$361K |
|
1667
Newell Brands
NWL
$2.66B
| $2.34M | ﹤0.01% |
261,396
+46,301
| +22% | +$460K |
|
|
CIR
1668
DELISTED
CIRCOR International, Inc
CIR
| $2.34M | ﹤0.01% |
41,345
+26,401
| +177% | +$925K |
|
|
SPR
1669
DELISTED
Spirit AeroSystems
SPR
| $2.33M | ﹤0.01% |
75,420
+24,211
| +47% | +$698K |
|
1670
Lumentum
LITE
$82.1B
| $2.33M | ﹤0.01% |
39,977
+8,079
| +25% | +$404K |
|
|
ARNC
1671
DELISTED
Arconic Corporation
ARNC
| $2.32M | ﹤0.01% |
78,490
+21,823
| +39% | +$602K |
|
1672
KB Financial Group
KB
$42.1B
| $2.32M | ﹤0.01% |
+60,449
| New | +$2.23M |
|
1673
CALL
Vermilion Energy
VET
$1.73B
| $2.31M | ﹤0.01% |
185,000
| – | – |
|
1674
Dimensional Emerging Markets Value ETF
DFEV
$2.1B
| $2.31M | ﹤0.01% |
92,234
+33,215
| +56% | +$797K |
|
|
BLD
1675
DELISTED
TopBuild
BLD
| $2.31M | ﹤0.01% |
8,668
+2,583
| +42% | +$568K |
|
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.