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 | |
|---|---|---|---|---|---|---|---|
|
HEWG
2451
DELISTED
iShares Currency Hedged MSCI Germany ETF
HEWG
| $561K | ﹤0.01% |
17,379
+17,250
| +13,372% | +$542K |
2015 Q1
33 quarters
|
|
2452
Asbury Automotive
ABG
$3.2B
| $561K | ﹤0.01% |
2,315
-742
| -24% | -$156K |
2015 Q4
30 quarters
|
|
|
OPPJ
2453
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$337M
| $561K | ﹤0.01% |
21,000
+20,600
| +5,150% | +$520K |
2023 Q1
1 quarter
|
|
2454
Coca-Cola Consolidated
COKE
$12.5B
| $560K | ﹤0.01% |
8,520
-2,260
| -21% | -$140K |
2013 Q2
40 quarters
|
|
2455
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$194M
| $560K | ﹤0.01% |
18,714
-19,028
| -50% | -$547K |
2023 Q1
1 quarter
|
|
2456
Telefônica Brasil
VIV
$18.3B
| $559K | ﹤0.01% |
61,059
-371,759
| -86% | -$3.11M |
2013 Q2
40 quarters
|
|
2457
JPMorgan USD Emerging Markets Sovereign Bond ETF
JPMB
$94.5M
| $558K | ﹤0.01% |
14,293
+8,233
| +136% | +$319K |
2023 Q1
1 quarter
|
|
|
CADE
2458
DELISTED
Cadence Bank
CADE
| $557K | ﹤0.01% |
26,595
-13,915
| -34% | -$275K |
2013 Q2
40 quarters
|
|
2459
iShares International Select Dividend ETF
IDV
$8.09B
| $556K | ﹤0.01% |
20,604
-11,124
| -35% | -$304K |
2013 Q2
40 quarters
|
|
2460
OP Bancorp
OPBK
$227M
| $556K | ﹤0.01% |
65,832
+35,577
| +118% | +$301K |
2023 Q1
1 quarter
|
|
2461
ACI Worldwide
ACIW
$5.02B
| $555K | ﹤0.01% |
23,766
+5,210
| +28% | +$126K |
2013 Q2
40 quarters
|
|
2462
Steven Madden
SHOO
$3.34B
| $554K | ﹤0.01% |
16,225
-2,487
| -13% | -$82.9K |
2013 Q2
40 quarters
|
|
|
GXDW
2463
Global X Funds Global X Dorsey Wright Thematic ETF
GXDW
$5.96M
| $554K | ﹤0.01% |
+20,702
| New | +$528K |
2023 Q2
0 quarters
|
|
2464
VanEck Brazil Small-Cap ETF
BRF
$22M
| $553K | ﹤0.01% |
+23,931
| New | +$372K |
2023 Q2
0 quarters
|
|
2465
Energizer
ENR
$1.45B
| $550K | ﹤0.01% |
16,194
-4,448
| -22% | -$149K |
2022 Q4
2 quarters
|
|
2466
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$7.43B
| $550K | ﹤0.01% |
19,058
-9,246
| -33% | -$269K |
2021 Q2
8 quarters
|
|
2467
Aaon
AAON
$6.78B
| $550K | ﹤0.01% |
8,541
-2,456
| -22% | -$155K |
2013 Q2
40 quarters
|
|
2468
Silicon Laboratories
SLAB
$7.42B
| $550K | ﹤0.01% |
3,401
-1,376
| -29% | -$208K |
2013 Q2
40 quarters
|
|
2469
Invesco BulletShares 2030 Municipal Bond ETF
BSMU
$276M
| $549K | ﹤0.01% |
+24,938
| New | +$550K |
2023 Q2
0 quarters
|
|
2470
PUT
Corsair Gaming
CRSR
$1.5B
| $549K | ﹤0.01% |
+30,000
| New | +$547K |
2023 Q2
0 quarters
|
|
2471
Morningstar
MORN
$7.17B
| $548K | ﹤0.01% |
2,651
+165
| +7% | +$32.7K |
2013 Q2
40 quarters
|
|
2472
Edgewell Personal Care
EPC
$1.23B
| $547K | ﹤0.01% |
12,652
-2,118
| -14% | -$90.5K |
2013 Q2
40 quarters
|
|
2473
Elbit Systems
ESLT
$32.6B
| $547K | ﹤0.01% |
9,707
+16
| +0.2% | +$3.1K |
2014 Q2
36 quarters
|
|
|
CVGW
2474
DELISTED
Calavo Growers
CVGW
| $547K | ﹤0.01% |
17,086
+1,959
| +13% | +$60.8K |
2013 Q2
40 quarters
|
|
2475
CALL
SoFi Technologies
SOFI
$20.5B
| $546K | ﹤0.01% |
+62,800
| New | +$409K |
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.