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 |
Tesla
TSLA
|
+$1.23B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.17B |
| 3 |
Amazon
AMZN
|
+$782M |
| 4 |
Enbridge
ENB
|
+$675M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$619M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$226M |
| 2 |
iShares US Medical Devices ETF
IHI
|
+$137M |
| 3 |
Sea Limited
SE
|
+$131M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$115M |
| 5 |
Hilton Grand Vacations
HGV
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.77% |
| 2 | Technology | 16.25% |
| 3 | Communication Services | 8.55% |
| 4 | Consumer Discretionary | 8.16% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WORK
176
DELISTED
Slack Technologies, Inc.
WORK
| $199M | 0.1% |
4,458,701
+3,459,481
| +346% | +$148M |
|
177
Acuity Brands
AYI
$10.8B
| $199M | 0.1% |
1,041,105
+49,711
| +5% | +$9.03M |
|
178
HDFC Bank
HDB
$119B
| $199M | 0.1% |
5,339,676
+308,382
| +6% | +$11.3M |
|
179
Applied Materials
AMAT
$424B
| $197M | 0.1% |
1,385,156
+233,282
| +20% | +$31.3M |
|
180
United Parcel Service
UPS
$89.8B
| $196M | 0.1% |
903,888
+141,616
| +19% | +$28.3M |
|
181
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $194M | 0.1% |
2,627,152
+1,229,610
| +88% | +$86.1M |
|
182
Carlisle Companies
CSL
$14.9B
| $192M | 0.1% |
1,008,979
+143,637
| +17% | +$26.7M |
|
183
Zoetis
ZTS
$31.3B
| $191M | 0.09% |
1,013,765
+448,753
| +79% | +$77.9M |
|
184
Lam Research
LRCX
$422B
| $191M | 0.09% |
2,924,250
+64,210
| +2% | +$4.05M |
|
185
Phillips 66
PSX
$92.8B
| $189M | 0.09% |
2,222,289
+143,839
| +7% | +$12.1M |
|
186
Estee Lauder
EL
$31.6B
| $187M | 0.09% |
588,836
+166,570
| +39% | +$50.5M |
|
187
FirstEnergy
FE
$27.1B
| $186M | 0.09% |
4,947,733
+35,155
| +0.7% | +$1.31M |
|
188
Vertex Pharmaceuticals
VRTX
$131B
| $185M | 0.09% |
938,824
+123,447
| +15% | +$25.8M |
|
189
Cigna
CI
$73.5B
| $185M | 0.09% |
779,115
+202,646
| +35% | +$50.6M |
|
190
PUT
Visa
V
$682B
| $183M | 0.09% |
771,100
+16,300
| +2% | +$3.73M |
|
|
ATVI
191
DELISTED
Activision Blizzard
ATVI
| $181M | 0.09% |
1,897,294
+12,953
| +0.7% | +$1.23M |
|
192
Elevance Health
ELV
$86.4B
| $180M | 0.09% |
471,230
+128,255
| +37% | +$49M |
|
193
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $180M | 0.09% |
2,665,341
+2,658,723
| +40,174% | +$175M |
|
|
FISV
194
Fiserv Inc
FISV
$29.5B
| $179M | 0.09% |
1,644,740
+166,836
| +11% | +$19.4M |
|
195
Vanguard Morningstar Total Stock Market ETF
VTI
$696B
| $177M | 0.09% |
794,686
+741,896
| +1,405% | +$161M |
|
196
Occidental Petroleum
OXY
$57.7B
| $176M | 0.09% |
5,348,724
+883,416
| +20% | +$23.7M |
|
197
West Fraser Timber
WFG
$5.45B
| $174M | 0.09% |
2,465,666
-95,913
| -4% | -$7.37M |
|
198
Dollar General
DG
$26.9B
| $173M | 0.09% |
796,574
+143,247
| +22% | +$30.1M |
|
199
TFI International
TFII
$12.1B
| $173M | 0.09% |
1,898,013
-454,190
| -19% | -$39.5M |
|
|
200
PUT
Amazon
AMZN
$2.86T
| $172M | 0.09% |
1,000,000
-700,000
| -41% | -$116M |
|
Similar funds
Bank of Montreal's Q2 2021 Portfolio in Review
As of Q2 2021, Bank of Montreal held 5,572 positions worth $201B, up 31% from $154B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Bank of Montreal deployed $33.1B of net new capital in Q2 2021, opening 382 new positions and adding to 2,379 existing holdings. Its largest new stake was Vanguard Russell 1000 Value ETF: 938,214 shares worth $65.1M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Apple, an estimated $226M trimmed.
- Bank of Montreal's largest Q2 2021 buy was Vanguard Russell 1000 Value ETF: 938,214 shares worth $65.1M.
- Bank of Montreal added most to Tesla in Q2 2021, an estimated $1.23B increase.
- Bank of Montreal's biggest Q2 2021 reduction was Apple, cutting an estimated $226M.
- Bank of Montreal fully exited Sea Limited in Q2 2021, selling an estimated $131M.
- Bank of Montreal's ten largest holdings make up 22% of its $201B portfolio in Q2 2021.
- Bank of Montreal opened 382 new positions and closed 1,919 in Q2 2021.
- Bank of Montreal's portfolio value rose 31% quarter-over-quarter to $201B.
Based on Bank of Montreal's 13F filing for Q2 2021, filed 12 Aug 2021.