Bank of Montreal’s BCE BCE Stock Holding History

Bank of Montreal’s Portfolio BCE Stock Details BCE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$58.8M	Buy	2,331,000 +2,291,000	+5,728%	+$58.1M	0.02%	500
2025 Q4	$954K	Buy	+40,000	New	+$932K	﹤0.01%	2004
2025 Q2	–	Sell	-300,000	Closed	-$6.89M	–	3518
2025 Q1	$6.89M	Sell	300,000 -1,400,000	-82%	-$32.9M	﹤0.01%	1066
2024 Q4	$39.4M	Buy	1,700,000 +1,234,000	+265%	+$35.5M	0.02%	529
2024 Q3	$16.4M	Buy	466,000 +52,300	+13%	+$1.79M	0.01%	860
2024 Q2	$13.6M	Buy	413,700 +403,100	+3,803%	+$13.4M	﹤0.01%	899
2024 Q1	$397K	Sell	10,600 -699,400	-99%	-$26.6M	﹤0.01%	2598
2023 Q4	$29.9M	Buy	710,000 +350,000	+97%	+$13.5M	0.01%	640
2023 Q3	$14.7M	Buy	+360,000	New	+$15.1M	0.01%	836
2022 Q4	–	Sell	-400	Closed	-$18	–	3968
2022 Q3	$18	Sell	400 -319,600	-100%	-$15.5M	﹤0.01%	3813
2022 Q2	$17K	Buy	+320,000	New	+$17.2M	0.01%	814
2021 Q2	–	Sell	-230,000	Closed	-$10.6M	–	3761
2021 Q1	$10.6M	Buy	230,000 +80,000	+53%	+$3.53M	0.01%	978
2020 Q4	$6.47M	Hold	150,000	–	–	﹤0.01%	1249
2020 Q3	$6.23M	Sell	150,000 -60,000	-29%	-$2.54M	0.01%	1080
2020 Q2	$8.47M	Sell	210,000 -335,000	-61%	-$13.8M	0.01%	921
2020 Q1	$22M	Buy	545,000 +425,000	+354%	+$19.1M	0.03%	465
2019 Q4	$5.56M	Sell	120,000 -235,000	-66%	-$11.3M	﹤0.01%	1283
2019 Q3	$17.2M	Buy	355,000 +25,000	+8%	+$1.17M	0.01%	673
2019 Q2	$15M	Buy	+330,000	New	+$14.9M	0.01%	738
2017 Q4	–	Sell	-236,100	Closed	-$11.1M	–	4164
2017 Q3	$11.1M	Buy	236,100 +126,500	+115%	+$5.92M	0.01%	819
2017 Q2	$4.94M	Buy	109,600 +16,600	+18%	+$748K	﹤0.01%	1165
2017 Q1	$4.12M	Sell	93,000 -157,000	-63%	-$6.92M	﹤0.01%	1159
2016 Q4	$10.8M	Buy	+250,000	New	+$11M	0.01%	774
2016 Q3	–	Sell	-129,300	Closed	-$6.12M	–	4015
2016 Q2	$6.12M	Sell	129,300 -275,700	-68%	-$12.8M	0.01%	1018
2016 Q1	$18.4M	Buy	+405,000	New	+$16.9M	0.02%	521
2015 Q4	–	Sell	-1,134,100	Closed	-$46.5M	–	4214
2015 Q3	$46.5M	Sell	1,134,100 -357,200	-24%	-$14.7M	0.06%	263
2015 Q2	$63.4M	Buy	1,491,300 +416,700	+39%	+$18.3M	0.07%	238
2015 Q1	$45.5M	Buy	1,074,600 +136,300	+15%	+$6.07M	0.05%	299
2014 Q4	$43M	Sell	938,300 -230,700	-20%	-$10.4M	0.05%	302
2014 Q3	$50M	Sell	1,169,000 -285,000	-20%	-$12.7M	0.06%	281
2014 Q2	$66M	Buy	1,454,000 +907,000	+166%	+$40.9M	0.07%	224
2014 Q1	$23.6M	Buy	547,000 +447,000	+447%	+$19M	0.03%	388
2013 Q4	$4.33M	Sell	100,000 -100,000	-50%	-$4.35M	0.01%	887
2013 Q3	$8.54M	Buy	200,000 +185,000	+1,233%	+$7.7M	0.01%	560
2013 Q2	$615K	Buy	+15,000	New	+$679K	﹤0.01%	1628

Other funds holding BCE

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $62.4B AUM 23.7% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

National Bank of Canada Montreal, Quebec, Canada $140B AUM 46.34% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $57.2B AUM 35.3% 1-Year Est. Return

FDCDDQ

Federation des caisses Desjardins du Quebec Levis, Quebec, Canada $27.8B AUM 31.66% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

LBA

Letko, Brosseau & Associates Montreal, Quebec, Canada $6.2B AUM 38.92% 1-Year Est. Return

Bank of Montreal's BCE Position: Q1 2026 in Review

Bank of Montreal reduced its BCE (BCE) stake by 0.75% in Q1 2026, selling an estimated $6.86M and leaving 35,980,451 shares worth $908M. The position accounts for 0.34% of the portfolio, ranked #64.

Bank of Montreal first reported a position in BCE in Q2 2013 and has held it in 52 quarters since. The position peaked at $1.73B in Q1 2022. 405 funds tracked by Wall St. Rank hold BCE as of Q1 2026.

Bank of Montreal held 35,980,451 shares of BCE worth $908M as of Q1 2026.
Bank of Montreal sold 270,575 BCE shares in Q1 2026, an estimated $6.86M.
BCE made up 0.34% of Bank of Montreal's portfolio in Q1 2026, its #64 holding.
Bank of Montreal first reported a position in BCE in Q2 2013 and has held it in 52 quarters since.
Bank of Montreal's BCE position peaked at $1.73B in Q1 2022.
405 funds tracked by Wall St. Rank held BCE as of Q1 2026.

Based on Bank of Montreal's 13F filing for Q1 2026, filed 13 May 2026.