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 | |
|---|---|---|---|---|---|---|
2076
Kinsale Capital Group
KNSL
$8.64B
| $1.1M | ﹤0.01% |
2,914
-1,153
| -28% | -$383K |
|
|
VMEO
2077
CALL
DELISTED
Vimeo
VMEO
| $1.1M | ﹤0.01% |
250,000
| – | – |
|
|
VMEO
2078
PUT
DELISTED
Vimeo
VMEO
| $1.1M | ﹤0.01% |
250,000
| – | – |
|
2079
PUT
Zillow
Z
$7.82B
| $1.1M | ﹤0.01% |
+21,800
| New | +$1M |
|
2080
Zai Lab
ZLAB
$2.91B
| $1.1M | ﹤0.01% |
37,500
-1,155
| -3% | -$37.8K |
|
2081
Beazer Homes USA
BZH
$872M
| $1.09M | ﹤0.01% |
38,553
+28,279
| +275% | +$577K |
|
|
HOLI
2082
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $1.09M | ﹤0.01% |
+61,487
| New | +$1.01M |
|
2083
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.65B
| $1.08M | ﹤0.01% |
934
+56
| +6% | +$64.6K |
|
2084
Blackbaud
BLKB
$2.05B
| $1.08M | ﹤0.01% |
14,659
+1,378
| +10% | +$96.8K |
|
|
LEV
2085
DELISTED
The Lion Electric Company
LEV
| $1.08M | ﹤0.01% |
547,785
+14,402
| +3% | +$29.1K |
|
2086
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.68B
| $1.08M | ﹤0.01% |
25,000
-223,200
| -90% | -$9.16M |
|
2087
First Interstate BancSystem
FIBK
$3.73B
| $1.08M | ﹤0.01% |
+42,103
| New | +$1.06M |
|
2088
Kohl's
KSS
$2.18B
| $1.07M | ﹤0.01% |
45,834
+6,551
| +17% | +$142K |
|
|
CMRC
2089
Commerce.com Inc Series 1
CMRC
$181M
| $1.07M | ﹤0.01% |
107,096
+46,686
| +77% | +$389K |
|
2090
Dolby
DLB
$5.84B
| $1.07M | ﹤0.01% |
12,668
+5,992
| +90% | +$501K |
|
2091
Arbutus Biopharma
ABUS
$924M
| $1.07M | ﹤0.01% |
428,273
+110,818
| +35% | +$288K |
|
2092
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.3B
| $1.07M | ﹤0.01% |
60,003
-635
| -1% | -$11.1K |
|
2093
Global X Hydrogen ETF
HYDR
$103M
| $1.06M | ﹤0.01% |
+13,320
| New | +$634K |
|
2094
Stepan Co
SCL
$1.48B
| $1.06M | ﹤0.01% |
10,969
-1,048
| -9% | -$99.6K |
|
2095
FIGS
FIGS
$2.44B
| $1.06M | ﹤0.01% |
128,227
-5,304
| -4% | -$40.3K |
|
2096
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $1.05M | ﹤0.01% |
31,931
-874,837
| -96% | -$28.8M |
|
2097
United States 12 Month Oil Fund,
USL
$45.7M
| $1.05M | ﹤0.01% |
+23,770
| New | +$789K |
|
2098
Hartford Total Return Bond ETF
HTRB
$2.22B
| $1.05M | ﹤0.01% |
+30,928
| New | +$1.05M |
|
2099
Adasina Social Justice All Cap Global ETF
JSTC
$307M
| $1.05M | ﹤0.01% |
+64,902
| New | +$1.02M |
|
2100
Boise Cascade
BCC
$2.9B
| $1.04M | ﹤0.01% |
11,533
+3,849
| +50% | +$281K |
|
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.