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 | |
|---|---|---|---|---|---|---|
2151
e.l.f. Beauty
ELF
$5.4B
| $956K | ﹤0.01% |
8,300
-768
| -8% | -$73.9K |
|
2152
Cogent Communications
CCOI
$579M
| $950K | ﹤0.01% |
14,046
-905
| -6% | -$59.1K |
|
2153
Northwest Natural Holdings
NWN
$2.14B
| $949K | ﹤0.01% |
21,964
-413
| -2% | -$18.7K |
|
|
SFBS
2154
ServisFirst Bancshares
SFBS
$4.99B
| $947K | ﹤0.01% |
20,253
-1,972
| -9% | -$91.1K |
|
2155
Quad
QUAD
$513M
| $947K | ﹤0.01% |
+248,562
| New | +$898K |
|
2156
Franklin FTSE Switzerland ETF
FLSW
$83.2M
| $946K | ﹤0.01% |
+28,576
| New | +$927K |
|
2157
CALL
ConocoPhillips
COP
$152B
| $945K | ﹤0.01% |
+9,000
| New | +$925K |
|
2158
Donaldson
DCI
$11.1B
| $944K | ﹤0.01% |
14,724
-39,837
| -73% | -$2.49M |
|
|
TE
2159
T1 Energy
TE
$1.51B
| $944K | ﹤0.01% |
+100,821
| New | +$757K |
|
|
HAYN
2160
DELISTED
Haynes International, Inc.
HAYN
| $943K | ﹤0.01% |
17,854
-6,044
| -25% | -$288K |
|
2161
MGIC Investment
MTG
$6.39B
| $940K | ﹤0.01% |
59,246
-8,493
| -13% | -$126K |
|
2162
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $939K | ﹤0.01% |
20,476
+1,788
| +10% | +$75.8K |
|
2163
Advanced Drainage Systems
WMS
$11.4B
| $938K | ﹤0.01% |
8,095
-15,238
| -65% | -$1.44M |
|
2164
Dutch Bros
BROS
$9.09B
| $938K | ﹤0.01% |
+32,800
| New | +$973K |
|
|
2165
PUT
Dutch Bros
BROS
$9.09B
| $938K | ﹤0.01% |
+32,800
| New | +$973K |
|
2166
Ocular Therapeutix
OCUL
$2.2B
| $937K | ﹤0.01% |
+181,509
| New | +$1.08M |
|
2167
MKS Inc
MKSI
$21B
| $935K | ﹤0.01% |
8,623
-1,695
| -16% | -$155K |
|
|
SCHV
2168
Schwab US Large-Cap Value ETF
SCHV
$16.3B
| $935K | ﹤0.01% |
41,667
-147
| -0.4% | -$3.21K |
|
2169
PUT
Equinox Gold
EQX
$13.5B
| $935K | ﹤0.01% |
200,100
+200,000
| +200,000% | +$1M |
|
|
SWN
2170
DELISTED
Southwestern Energy Company
SWN
| $935K | ﹤0.01% |
152,080
-326,840
| -68% | -$1.68M |
|
2171
Crescent Capital BDC
CCAP
$411M
| $933K | ﹤0.01% |
+61,388
| New | +$860K |
|
2172
Century Aluminum
CENX
$4.62B
| $931K | ﹤0.01% |
95,581
-26,923
| -22% | -$234K |
|
|
TE
2173
PUT
T1 Energy
TE
$1.51B
| $931K | ﹤0.01% |
+99,500
| New | +$747K |
|
2174
Starwood Property Trust
STWD
$6.03B
| $930K | ﹤0.01% |
47,528
-10,435
| -18% | -$185K |
|
2175
CALL
IAMGOLD
IAG
$10.4B
| $927K | ﹤0.01% |
+315,000
| New | +$912K |
|
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.