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 | |
|---|---|---|---|---|---|---|---|
|
BSMO
1826
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $1.73M | ﹤0.01% |
+69,704
| New | +$1.72M |
2023 Q2
0 quarters
|
|
1827
Group 1 Automotive
GPI
$3.06B
| $1.72M | ﹤0.01% |
6,665
-62
| -0.9% | -$14.3K |
2013 Q2
40 quarters
|
|
1828
PIMCO Dynamic Income Fund
PDI
$6.74B
| $1.72M | ﹤0.01% |
91,869
+5,916
| +7% | +$108K |
2015 Q1
33 quarters
|
|
1829
CALL
West Fraser Timber
WFG
$5.25B
| $1.72M | ﹤0.01% |
+20,000
| New | +$1.51M |
2023 Q2
0 quarters
|
|
1830
PUT
Boston Properties
BXP
$9.62B
| $1.71M | ﹤0.01% |
+29,700
| New | +$1.54M |
2023 Q2
0 quarters
|
|
1831
iShares Core MSCI Total International Stock ETF
IXUS
$58.4B
| $1.71M | ﹤0.01% |
26,785
-342,267
| -93% | -$21.4M |
2021 Q1
9 quarters
|
|
1832
Strategy Inc
MSTR
$64B
| $1.7M | ﹤0.01% |
49,560
+8,910
| +22% | +$270K |
2022 Q2
4 quarters
|
|
|
SPYM
1833
State Street SPDR Portfolio S&P 500 ETF
SPYM
$174B
| $1.7M | ﹤0.01% |
32,583
+683
| +2% | +$33.7K |
2020 Q3
11 quarters
|
|
1834
COPT Defense Properties
CDP
$3.77B
| $1.7M | ﹤0.01% |
70,177
+13,420
| +24% | +$313K |
2013 Q2
40 quarters
|
|
1835
Nomura Holdings
NMR
$28.5B
| $1.69M | ﹤0.01% |
424,566
-16,786
| -4% | -$62.1K |
2015 Q3
31 quarters
|
|
1836
Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF
TLTD
$658M
| $1.68M | ﹤0.01% |
+25,939
| New | +$1.69M |
2023 Q2
0 quarters
|
|
|
BSCN
1837
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $1.68M | ﹤0.01% |
+79,422
| New | +$1.68M |
2023 Q2
0 quarters
|
|
1838
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$129M
| $1.68M | ﹤0.01% |
+15,353
| New | +$2.17M |
2023 Q2
0 quarters
|
|
1839
Planet Fitness
PLNT
$3.16B
| $1.68M | ﹤0.01% |
23,762
-69,886
| -75% | -$5.01M |
2017 Q4
22 quarters
|
|
1840
Metallus
MTUS
$805M
| $1.68M | ﹤0.01% |
77,684
-2,185
| -3% | -$39.6K |
2014 Q3
35 quarters
|
|
1841
Vanguard Global ex-US Real Estate ETF
VNQI
$3.25B
| $1.68M | ﹤0.01% |
40,440
+5,582
| +16% | +$228K |
2013 Q2
40 quarters
|
|
|
MAGN
1842
Magnera Corp
MAGN
$403M
| $1.67M | ﹤0.01% |
+40,761
| New | +$1.85M |
2023 Q2
0 quarters
|
|
1843
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$2.03B
| $1.67M | ﹤0.01% |
+33,332
| New | +$1.67M |
2023 Q2
0 quarters
|
|
|
XYZ
1844
CALL
Block Inc
XYZ
$44.5B
| $1.67M | ﹤0.01% |
25,000
-75,000
| -75% | -$4.69M |
2022 Q1
5 quarters
|
|
1845
Dimensional US Marketwide Value ETF
DFUV
$15.2B
| $1.67M | ﹤0.01% |
48,256
-41
| -0.1% | -$1.37K |
2022 Q2
4 quarters
|
|
1846
Clearway Energy Class C
CWEN
$5.98B
| $1.67M | ﹤0.01% |
55,335
-1,216
| -2% | -$36.8K |
2014 Q4
34 quarters
|
|
1847
Old Republic International
ORI
$9.05B
| $1.67M | ﹤0.01% |
66,087
-23,151
| -26% | -$580K |
2013 Q2
40 quarters
|
|
1848
PUT
Delta Air Lines
DAL
$55.3B
| $1.66M | ﹤0.01% |
35,000
-15,000
| -30% | -$553K |
2021 Q2
8 quarters
|
|
1849
Mueller Industries
MLI
$13.6B
| $1.66M | ﹤0.01% |
75,944
-24,568
| -24% | -$467K |
2013 Q2
40 quarters
|
|
1850
WIX.com
WIX
$3.07B
| $1.66M | ﹤0.01% |
19,519
-9,696
| -33% | -$798K |
2015 Q4
30 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.