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 | |
|---|---|---|---|---|---|---|---|
2251
Quadratic Deflation ETF
BNDD
$17.1M
| $791K | ﹤0.01% |
6,062
+621
| +11% | +$77.8K |
2022 Q2
4 quarters
|
|
2252
Boot Barn
BOOT
$3.69B
| $788K | ﹤0.01% |
9,279
+5,295
| +133% | +$388K |
2023 Q1
1 quarter
|
|
2253
Sprouts Farmers Market
SFM
$6.08B
| $787K | ﹤0.01% |
21,388
-4,815
| -18% | -$168K |
2014 Q2
36 quarters
|
|
2254
Inogen
INGN
$157M
| $786K | ﹤0.01% |
+65,738
| New | +$775K |
2023 Q2
0 quarters
|
|
|
WPS
2255
DELISTED
iShares International Developed Property ETF
WPS
| $784K | ﹤0.01% |
28,891
+12,431
| +76% | +$335K |
2021 Q2
8 quarters
|
|
2256
Applied Industrial Technologies
AIT
$12.8B
| $783K | ﹤0.01% |
5,384
-1,516
| -22% | -$202K |
2013 Q2
40 quarters
|
|
|
AMED
2257
DELISTED
Amedisys
AMED
| $780K | ﹤0.01% |
8,506
+3,170
| +59% | +$260K |
2013 Q2
40 quarters
|
|
2258
Genpact
G
$5.67B
| $779K | ﹤0.01% |
19,907
-11,734
| -37% | -$472K |
2013 Q2
40 quarters
|
|
2259
NYLIM MacKay High Income ETF
IQHI
$110M
| $778K | ﹤0.01% |
+30,000
| New | +$775K |
2023 Q2
0 quarters
|
|
2260
Cannae Holdings
CNNE
$670M
| $777K | ﹤0.01% |
38,353
-6,298
| -14% | -$121K |
2022 Q4
2 quarters
|
|
2261
Insight Enterprises
NSIT
$4.78B
| $776K | ﹤0.01% |
5,283
-1,225
| -19% | -$164K |
2013 Q2
40 quarters
|
|
2262
iShares MSCI Europe Financials ETF
EUFN
$3.85B
| $774K | ﹤0.01% |
40,338
-3,295
| -8% | -$63.5K |
2013 Q3
39 quarters
|
|
|
CTOR
2263
Citius Oncology
CTOR
$109M
| $774K | ﹤0.01% |
+73,881
| New | +$772K |
2023 Q2
0 quarters
|
|
|
AILE
2264
DELISTED
iLearningEngines, Inc. Common Stock
AILE
| $773K | ﹤0.01% |
74,000
-755
| -1% | -$7.81K |
2021 Q4
6 quarters
|
|
2265
Allient
ALNT
$2.03B
| $772K | ﹤0.01% |
+19,206
| New | +$699K |
2023 Q2
0 quarters
|
|
2266
Liberty Global Class C
LBTYK
$2.96B
| $769K | ﹤0.01% |
42,021
+18,371
| +78% | +$342K |
2014 Q1
37 quarters
|
|
2267
Commercial Metals
CMC
$7.04B
| $768K | ﹤0.01% |
14,554
-7,513
| -34% | -$351K |
2013 Q2
40 quarters
|
|
|
BELFB
2268
Bel Fuse Inc Class B
BELFB
$3.76B
| $766K | ﹤0.01% |
+13,181
| New | +$603K |
2023 Q2
0 quarters
|
|
|
FLD
2269
Fold Holdings
FLD
$30.7M
| $765K | ﹤0.01% |
+73,078
| New | +$752K |
2023 Q2
0 quarters
|
|
2270
Bowman Consulting
BWMN
$739M
| $765K | ﹤0.01% |
+23,381
| New | +$682K |
2023 Q2
0 quarters
|
|
2271
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$612M
| $765K | ﹤0.01% |
11,133
+5,903
| +113% | +$398K |
2020 Q2
12 quarters
|
|
2272
CALL
Virgin Galactic
SPCE
$455M
| $758K | ﹤0.01% |
+8,000
| New | +$633K |
2023 Q2
0 quarters
|
|
|
BIOS
2273
DELISTED
BioPlus Acquisition Corp. Class A Ordinary Shares
BIOS
| $753K | ﹤0.01% |
68,435
-168,311
| -71% | -$1.77M |
2022 Q2
4 quarters
|
|
2274
Global Water Resources
GWRS
$234M
| $752K | ﹤0.01% |
+57,731
| New | +$683K |
2023 Q2
0 quarters
|
|
2275
CALL
Pinterest
PINS
$10.8B
| $750K | ﹤0.01% |
+27,400
| New | +$683K |
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.