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 | |
|---|---|---|---|---|---|---|---|
2201
Sprott Physical Gold and Silver Trust
CEF
$7.23B
| $862K | ﹤0.01% |
46,160
-5,175
| -10% | -$98K |
2013 Q2
40 quarters
|
|
2202
Park Hotels & Resorts
PK
$3.14B
| $861K | ﹤0.01% |
65,911
-10,171
| -13% | -$130K |
2017 Q1
25 quarters
|
|
2203
DHI Group
DHX
$208M
| $861K | ﹤0.01% |
211,067
+27,633
| +15% | +$102K |
2022 Q3
3 quarters
|
|
2204
Invesco Global Clean Energy ETF
PBD
$117M
| $860K | ﹤0.01% |
44,103
+43,004
| +3,913% | +$803K |
2021 Q2
8 quarters
|
|
|
KEUA
2205
DELISTED
KraneShares European Carbon Allowance Strategy ETF
KEUA
| $856K | ﹤0.01% |
24,801
+3,401
| +16% | +$112K |
2022 Q4
2 quarters
|
|
2206
PUT
Darden Restaurants
DRI
$22.7B
| $855K | ﹤0.01% |
+5,100
| New | +$801K |
2023 Q2
0 quarters
|
|
2207
Universal Electronics
UEIC
$72.9M
| $854K | ﹤0.01% |
+85,886
| New | +$795K |
2023 Q2
0 quarters
|
|
2208
Nuveen Municipal Credit Income Fund
NZF
$2.16B
| $854K | ﹤0.01% |
62,715
+17,264
| +38% | +$200K |
2022 Q1
5 quarters
|
|
2209
Dimensional Emerging Markets High Profitability ETF
DEHP
$463M
| $852K | ﹤0.01% |
+34,559
| New | +$812K |
2023 Q2
0 quarters
|
|
|
HOUS
2210
DELISTED
Anywhere Real Estate
HOUS
| $850K | ﹤0.01% |
127,286
+28,141
| +28% | +$169K |
2014 Q2
36 quarters
|
|
2211
Lantheus
LNTH
$6.52B
| $850K | ﹤0.01% |
8,823
-11,164
| -56% | -$1M |
2017 Q2
24 quarters
|
|
2212
Teucrium Sugar Fund
CANE
$60.7M
| $847K | ﹤0.01% |
+59,915
| New | +$797K |
2023 Q2
0 quarters
|
|
2213
BlackRock MuniYield Quality Fund
MQY
$726M
| $845K | ﹤0.01% |
63,779
+17,149
| +37% | +$198K |
2022 Q1
5 quarters
|
|
2214
Bread Financial
BFH
$3.79B
| $844K | ﹤0.01% |
26,610
+18,390
| +224% | +$528K |
2013 Q2
40 quarters
|
|
2215
Neuberger Commodity Strategy ETF
NBCM
$524M
| $841K | ﹤0.01% |
+38,069
| New | +$822K |
2023 Q2
0 quarters
|
|
2216
Franklin FTSE Mexico ETF
FLMX
$77.7M
| $840K | ﹤0.01% |
27,170
+1,670
| +7% | +$50.5K |
2023 Q1
1 quarter
|
|
2217
Haemonetics
HAE
$4.78B
| $839K | ﹤0.01% |
9,848
-1,516
| -13% | -$128K |
2013 Q2
40 quarters
|
|
2218
CALL
Canadian National Railway
CNI
$72.3B
| $836K | ﹤0.01% |
+6,900
| New | +$818K |
2023 Q2
0 quarters
|
|
2219
Match Group
MTCH
$9.26B
| $835K | ﹤0.01% |
19,630
-129,488
| -87% | -$4.73M |
2015 Q4
30 quarters
|
|
2220
Simply Good Foods
SMPL
$862M
| $835K | ﹤0.01% |
22,518
+11,238
| +100% | +$413K |
2017 Q3
23 quarters
|
|
2221
Murphy USA
MUSA
$9.41B
| $834K | ﹤0.01% |
2,657
-1,308
| -33% | -$366K |
2013 Q3
39 quarters
|
|
2222
Assured Guaranty
AGO
$2.99B
| $832K | ﹤0.01% |
14,860
+42
| +0.3% | +$2.23K |
2013 Q2
40 quarters
|
|
|
MARX
2223
DELISTED
Mars Acquisition Corp. Ordinary Shares
MARX
| $830K | ﹤0.01% |
+79,825
| New | +$820K |
2023 Q2
0 quarters
|
|
2224
Avantis Responsible Emerging Markets Equity ETF
AVSE
$232M
| $825K | ﹤0.01% |
17,347
-11,380
| -40% | -$514K |
2023 Q1
1 quarter
|
|
2225
Antero Resources
AR
$10.5B
| $823K | ﹤0.01% |
35,687
-7,665
| -18% | -$170K |
2022 Q1
5 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.