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 | |
|---|---|---|---|---|---|---|---|
|
RETA
1676
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $2.31M | ﹤0.01% |
+22,595
| New | +$2.14M |
2023 Q2
0 quarters
|
|
1677
Murphy Oil
MUR
$5.37B
| $2.3M | ﹤0.01% |
59,197
-4,823
| -8% | -$178K |
2013 Q2
40 quarters
|
|
1678
GATX Corp
GATX
$5.96B
| $2.3M | ﹤0.01% |
17,663
-2,057
| -10% | -$241K |
2013 Q2
40 quarters
|
|
1679
PUT
Toast
TOST
$16.9B
| $2.29M | ﹤0.01% |
+100,000
| New | +$2M |
2023 Q2
0 quarters
|
|
1680
Elanco Animal Health
ELAN
$10.9B
| $2.29M | ﹤0.01% |
220,616
+39,024
| +21% | +$362K |
2018 Q3
19 quarters
|
|
1681
Columbia Diversified Fixed Income Allocation ETF
DIAL
$374M
| $2.29M | ﹤0.01% |
+129,725
| New | +$2.29M |
2023 Q2
0 quarters
|
|
1682
Bank OZK
OZK
$5.05B
| $2.29M | ﹤0.01% |
56,266
-5,071
| -8% | -$182K |
2013 Q2
40 quarters
|
|
1683
Shake Shack
SHAK
$2.43B
| $2.28M | ﹤0.01% |
29,391
-454
| -2% | -$29.2K |
2015 Q2
32 quarters
|
|
1684
Urban One Class D
UONEK
$16.8M
| $2.28M | ﹤0.01% |
+36,283
| New | +$2.06M |
2023 Q2
0 quarters
|
|
1685
Annaly Capital Management
NLY
$14.1B
| $2.28M | ﹤0.01% |
109,941
+15,791
| +17% | +$307K |
2013 Q2
40 quarters
|
|
1686
CALL
Target
TGT
$71.2B
| $2.26M | ﹤0.01% |
15,000
| – | – |
2023 Q1
1 quarter
|
|
|
1687
PUT
Target
TGT
$71.2B
| $2.26M | ﹤0.01% |
15,000
| – | – |
2023 Q1
1 quarter
|
|
1688
iShares US Consumer Staples ETF
IYK
$1.37B
| $2.26M | ﹤0.01% |
33,780
-42,936
| -56% | -$2.88M |
2013 Q2
40 quarters
|
|
1689
Axalta
AXTA
$6.82B
| $2.26M | ﹤0.01% |
68,726
-5,760
| -8% | -$179K |
2016 Q1
29 quarters
|
|
1690
Sprott Physical Silver Trust
PSLV
$12.4B
| $2.25M | ﹤0.01% |
273,558
+8,786
| +3% | +$73K |
2013 Q2
40 quarters
|
|
1691
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.9B
| $2.25M | ﹤0.01% |
22,538
-7,359
| -25% | -$731K |
2013 Q2
40 quarters
|
|
|
CHX
1692
DELISTED
ChampionX
CHX
| $2.25M | ﹤0.01% |
71,748
-12,278
| -15% | -$338K |
2018 Q2
20 quarters
|
|
1693
iShares MSCI Hong Kong ETF
EWH
$1.13B
| $2.25M | ﹤0.01% |
107,022
+31,714
| +42% | +$637K |
2013 Q2
40 quarters
|
|
|
AIEV
1694
DELISTED
Thunder Power Holdings, Inc. Common Stock
AIEV
| $2.25M | ﹤0.01% |
+212,500
| New | +$2.23M |
2023 Q2
0 quarters
|
|
1695
ALPS Clean Energy ETF
ACES
$100M
| $2.25M | ﹤0.01% |
48,908
+48,728
| +27,071% | +$2.13M |
2021 Q1
9 quarters
|
|
1696
Globant
GLOB
$1.6B
| $2.21M | ﹤0.01% |
11,875
+7,387
| +165% | +$1.21M |
2016 Q2
28 quarters
|
|
1697
iShares US Telecommunications ETF
IYZ
$1.08B
| $2.21M | ﹤0.01% |
99,718
+2,973
| +3% | +$65K |
2013 Q2
40 quarters
|
|
1698
iShares MSCI USA Min Vol Factor ETF
USMV
$23.4B
| $2.2M | ﹤0.01% |
29,615
-2,476
| -8% | -$181K |
2013 Q2
40 quarters
|
|
|
ATSG
1699
DELISTED
Air Transport Services Group
ATSG
| $2.2M | ﹤0.01% |
113,553
-2,353
| -2% | -$43.8K |
2015 Q4
30 quarters
|
|
1700
PUT
KKR & Co
KKR
$81.9B
| $2.2M | ﹤0.01% |
+37,500
| New | +$1.96M |
2023 Q2
0 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.