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 | |
|---|---|---|---|---|---|---|---|
|
NMG
1901
Nouveau Monde Graphite
NMG
$385M
| $1.52M | ﹤0.01% |
463,328
+452,919
| +4,351% | +$1.66M |
2022 Q1
5 quarters
|
|
1902
PUT
Ford
F
$48.9B
| $1.52M | ﹤0.01% |
+100,000
| New | +$1.27M |
2023 Q2
0 quarters
|
|
|
ISRL
1903
DELISTED
Israel Acquisitions Corp
ISRL
| $1.52M | ﹤0.01% |
+144,246
| New | +$1.49M |
2023 Q2
0 quarters
|
|
1904
Douglas Emmett
DEI
$1.63B
| $1.52M | ﹤0.01% |
118,735
+11,259
| +10% | +$136K |
2014 Q2
36 quarters
|
|
1905
Hub Cyber Security
HUBC
$1.85M
| – | – |
0
| – | – |
2023 Q1
1 quarter
|
|
1906
State Street SPDR ICE Preferred Securities ETF
PSK
$643M
| $1.52M | ﹤0.01% |
45,285
-5,503
| -11% | -$184K |
2013 Q2
40 quarters
|
|
|
RCM
1907
CALL
DELISTED
R1 RCM Inc. Common Stock
RCM
| $1.51M | ﹤0.01% |
90,000
-100,000
| -53% | -$1.62M |
2023 Q1
1 quarter
|
|
1908
Mineralys Therapeutics
MLYS
$2.1B
| $1.51M | ﹤0.01% |
+101,724
| New | +$1.52M |
2023 Q2
0 quarters
|
|
1909
America Movil
AMX
$62B
| $1.51M | ﹤0.01% |
+68,854
| New | +$1.49M |
2023 Q2
0 quarters
|
|
1910
BJs Wholesale Club
BJ
$11.9B
| $1.5M | ﹤0.01% |
23,845
-103,162
| -81% | -$7.13M |
2018 Q3
19 quarters
|
|
1911
Radware
RDWR
$1.27B
| $1.5M | ﹤0.01% |
75,312
+65,242
| +648% | +$1.3M |
2022 Q3
3 quarters
|
|
1912
PUT
Fortive
FTV
$16.9B
| $1.5M | ﹤0.01% |
+26,540
| New | +$1.34M |
2023 Q2
0 quarters
|
|
1913
Invesco BuyBack Achievers ETF
PKW
$1.69B
| $1.5M | ﹤0.01% |
16,668
+14,327
| +612% | +$1.22M |
2013 Q2
40 quarters
|
|
1914
Silgan Holdings
SLGN
$3.67B
| $1.5M | ﹤0.01% |
31,382
+7,830
| +33% | +$381K |
2013 Q2
40 quarters
|
|
1915
Teucrium Wheat Fund
WEAT
$294M
| $1.49M | ﹤0.01% |
+43,544
| New | +$1.43M |
2023 Q2
0 quarters
|
|
1916
Red Robin
RRGB
$142M
| $1.49M | ﹤0.01% |
+103,917
| New | +$1.39M |
2023 Q2
0 quarters
|
|
1917
Verra Mobility
VRRM
$454M
| $1.48M | ﹤0.01% |
75,078
+54,740
| +269% | +$967K |
2023 Q1
1 quarter
|
|
1918
iShares MSCI Emerging Markets Asia ETF
EEMA
$893M
| $1.48M | ﹤0.01% |
21,620
-88,571
| -80% | -$5.81M |
2021 Q2
8 quarters
|
|
1919
Harmony Gold Mining
HMY
$11B
| $1.48M | ﹤0.01% |
326,691
-107,465
| -25% | -$495K |
2016 Q2
28 quarters
|
|
1920
VanEck CLO ETF
CLOI
$1.63B
| $1.47M | ﹤0.01% |
28,500
+2,454
| +9% | +$126K |
2023 Q1
1 quarter
|
|
|
RPTX
1921
DELISTED
Repare Therapeutics
RPTX
| $1.47M | ﹤0.01% |
117,824
-10,003
| -8% | -$103K |
2020 Q2
12 quarters
|
|
|
GTLS
1922
DELISTED
Chart Industries
GTLS
| $1.47M | ﹤0.01% |
9,129
-16,449
| -64% | -$2.1M |
2013 Q2
40 quarters
|
|
|
SWAV
1923
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $1.47M | ﹤0.01% |
4,955
-22,971
| -82% | -$6.38M |
2020 Q2
12 quarters
|
|
1924
Vistra
VST
$46.9B
| $1.46M | ﹤0.01% |
55,723
-70,511
| -56% | -$1.72M |
2017 Q3
23 quarters
|
|
1925
Independent Bank Corp
IBCP
$790M
| $1.45M | ﹤0.01% |
+78,601
| New | +$1.35M |
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.