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 | |
|---|---|---|---|---|---|---|
|
CYBR
1776
DELISTED
CyberArk
CYBR
| $1.95M | ﹤0.01% |
12,427
+7
| +0.1% | +$1K |
|
1777
Kforce
KFRC
$1.04B
| $1.95M | ﹤0.01% |
30,867
+996
| +3% | +$60K |
|
|
BFAC
1778
DELISTED
Battery Future Acquisition Corp.
BFAC
| $1.94M | ﹤0.01% |
182,946
-333,814
| -65% | -$3.52M |
|
1779
Avantis International Large Cap Value ETF
AVIV
$2.06B
| $1.94M | ﹤0.01% |
+39,756
| New | +$1.93M |
|
1780
WisdomTree Emerging Markets Local Debt Fund
ELD
$143M
| $1.93M | ﹤0.01% |
+69,723
| New | +$1.89M |
|
1781
Hingham Institution for Saving
HIFS
$680M
| $1.92M | ﹤0.01% |
+8,382
| New | +$1.71M |
|
1782
Lincoln Electric
LECO
$15.6B
| $1.91M | ﹤0.01% |
9,582
-1,162
| -11% | -$202K |
|
1783
Nice
NICE
$5.99B
| $1.91M | ﹤0.01% |
8,332
+3,805
| +84% | +$785K |
|
1784
TransUnion
TRU
$15.4B
| $1.91M | ﹤0.01% |
24,243
+19,621
| +425% | +$1.36M |
|
1785
ScottsMiracle-Gro
SMG
$3.55B
| $1.91M | ﹤0.01% |
30,324
-1,795
| -6% | -$120K |
|
|
MZTI
1786
The Marzetti Company
MZTI
$3.18B
| $1.9M | ﹤0.01% |
9,262
-4,501
| -33% | -$913K |
|
1787
Globus Medical
GMED
$11.5B
| $1.9M | ﹤0.01% |
31,805
+3,612
| +13% | +$206K |
|
1788
Cullen/Frost Bankers
CFR
$10.6B
| $1.9M | ﹤0.01% |
16,775
+1,498
| +10% | +$156K |
|
|
MMP
1789
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $1.89M | ﹤0.01% |
30,261
+16,195
| +115% | +$945K |
|
1790
SLM Corp
SLM
$5.27B
| $1.89M | ﹤0.01% |
112,564
-277,746
| -71% | -$4.23M |
|
1791
Kodiak Sciences
KOD
$2.59B
| $1.88M | ﹤0.01% |
+207,546
| New | +$1.27M |
|
|
ZLS
1792
DELISTED
Zalatoris II Acquisition Corp Class A Ordinary Shares
ZLS
| $1.88M | ﹤0.01% |
+181,432
| New | +$1.86M |
|
1793
Ambev
ABEV
$43.2B
| $1.88M | ﹤0.01% |
584,028
-22,953
| -4% | -$67.5K |
|
1794
HF Sinclair
DINO
$16.7B
| $1.88M | ﹤0.01% |
40,715
-873
| -2% | -$38K |
|
1795
Axogen
AXGN
$2.62B
| $1.87M | ﹤0.01% |
193,680
+8,130
| +4% | +$75.8K |
|
1796
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $1.86M | ﹤0.01% |
+78,500
| New | +$1.97M |
|
1797
PUT
Terex
TEX
$7.76B
| $1.86M | ﹤0.01% |
+30,800
| New | +$1.53M |
|
|
SLRN
1798
DELISTED
ACELYRIN
SLRN
| $1.85M | ﹤0.01% |
+93,315
| New | +$1.91M |
|
1799
Terreno Realty
TRNO
$7.43B
| $1.85M | ﹤0.01% |
30,717
+8,841
| +40% | +$539K |
|
1800
PetMed Express
PETS
$38.9M
| $1.85M | ﹤0.01% |
+122,693
| New | +$1.84M |
|
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.