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 |
TC Energy
TRP
|
+$949M |
| 2 |
Canadian Imperial Bank of Commerce
CM
|
+$686M |
| 3 |
Canadian Natural Resources
CNQ
|
+$566M |
| 4 |
Apple
AAPL
|
+$365M |
| 5 |
Toronto Dominion Bank
TD
|
+$358M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$695M |
| 2 |
Amazon
AMZN
|
+$657M |
| 3 |
Tesla
TSLA
|
+$602M |
| 4 |
Advanced Micro Devices
AMD
|
+$384M |
| 5 |
Enbridge
ENB
|
+$359M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.92% |
| 2 | Consumer Discretionary | 16.7% |
| 3 | Technology | 15.23% |
| 4 | Communication Services | 6.83% |
| 5 | Energy | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
EOG Resources
EOG
$75B
| $191K | 0.09% |
1,300,425
-78,224
| -6% | -$9.71M |
|
152
IBM
IBM
$222B
| $189K | 0.09% |
1,324,092
-48,480
| -4% | -$6.54M |
|
153
RTX Corp
RTX
$301B
| $188K | 0.09% |
1,900,989
-32,821
| -2% | -$3.16M |
|
154
Micron Technology
MU
$1.04T
| $178K | 0.08% |
2,401,455
-802,143
| -25% | -$54.5M |
|
155
Freeport-McMoran
FCX
$96.8B
| $175K | 0.08% |
5,004,156
+448,767
| +10% | +$18M |
|
156
PUT
Microsoft
MSFT
$3.67T
| $174K | 0.08% |
645,900
+499,900
| +342% | +$136M |
|
157
Vanguard S&P 500 ETF
VOO
$1.03T
| $174K | 0.08% |
480,169
+418
| +0.1% | +$157K |
|
158
Air Products & Chemicals
APD
$67.6B
| $173K | 0.08% |
703,212
-87,868
| -11% | -$21.4M |
|
159
Open Text
OTEX
$5.77B
| $172K | 0.08% |
4,274,025
-297,807
| -7% | -$11.8M |
|
160
Devon Energy
DVN
$49.4B
| $172K | 0.08% |
2,249,732
-123,588
| -5% | -$8.07M |
|
161
TJX Companies
TJX
$169B
| $171K | 0.08% |
2,874,757
-1,303,178
| -31% | -$78.9M |
|
162
West Fraser Timber
WFG
$5.45B
| $170K | 0.08% |
1,929,632
-1,235,135
| -39% | -$104M |
|
163
United Parcel Service
UPS
$88.5B
| $169K | 0.08% |
780,404
+186,916
| +31% | +$34.1M |
|
164
PUT
SPDR Gold Trust
GLD
$144B
| $166K | 0.08% |
958,600
| – | – |
|
165
Valero Energy
VLO
$95B
| $165K | 0.08% |
1,311,087
-258,110
| -16% | -$30.6M |
|
166
Marathon Petroleum
MPC
$97.1B
| $163K | 0.08% |
1,808,487
-24,787
| -1% | -$2.32M |
|
167
Intuitive Surgical
ISRG
$142B
| $162K | 0.08% |
775,613
-65,555
| -8% | -$15.4M |
|
168
PUT
General Motors
GM
$76.3B
| $161K | 0.07% |
4,208,100
+3,671,700
| +685% | +$138M |
|
169
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.95B
| $159K | 0.07% |
2,944,448
+2,886,293
| +4,963% | +$173M |
|
170
Starbucks
SBUX
$124B
| $159K | 0.07% |
2,011,259
+155,809
| +8% | +$12M |
|
171
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $158K | 0.07% |
4,136,126
-181,504
| -4% | -$7.28M |
|
172
PUT
Nike
NKE
$60.2B
| $157K | 0.07% |
1,147,100
+923,800
| +414% | +$109M |
|
173
AutoZone
AZO
$49.7B
| $157K | 0.07% |
72,288
-4,211
| -6% | -$8.66M |
|
174
Imperial Oil
IMO
$63B
| $157K | 0.07% |
3,021,055
-494,050
| -14% | -$25.3M |
|
175
Newmont
NEM
$124B
| $157K | 0.07% |
1,897,805
+500,196
| +36% | +$35.4M |
|
Similar funds
Bank of Montreal's Q2 2022 Portfolio in Review
As of Q2 2022, Bank of Montreal held 4,671 positions worth $215M, down 100% from $206B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Bank of Montreal withdrew a net $2.8B in Q2 2022, closing 612 positions and reducing 1,523 holdings. Its most notable exit was Cerner Corp, an estimated $73M position sold in full.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 20% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Bank of Montreal opened a new position in Cornerstone Building Brands, Inc. worth $17.2K.
- Bank of Montreal's largest Q2 2022 buy was Cornerstone Building Brands, Inc.: 703,730 shares worth $17.2K.
- Bank of Montreal added most to TC Energy in Q2 2022, an estimated $949M increase.
- Bank of Montreal's biggest Q2 2022 reduction was Walt Disney, cutting an estimated $695M.
- Bank of Montreal fully exited Cerner Corp in Q2 2022, selling an estimated $73M.
- Bank of Montreal's ten largest holdings make up 35% of its $215M portfolio in Q2 2022.
- Bank of Montreal opened 516 new positions and closed 612 in Q2 2022.
- Bank of Montreal's portfolio value fell 100% quarter-over-quarter to $215M.
Based on Bank of Montreal's 13F filing for Q2 2022, filed 11 Aug 2022.