Bank of Montreal’s Scotiabank BNS Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$17.7M	Buy	255,000 +20,000	+9%	+$1.47M	0.01%	887
2025 Q4	$17.3M	Sell	235,000 -352,300	-60%	-$23.9M	0.01%	902
2025 Q3	$38M	Buy	587,300 +347,800	+145%	+$20.5M	0.01%	590
2025 Q2	$13.3M	Buy	239,500 +39,300	+20%	+$2M	0.01%	875
2025 Q1	$9.49M	Sell	200,200 -593,800	-75%	-$29.8M	﹤0.01%	951
2024 Q4	$42.6M	Buy	794,000 +345,700	+77%	+$18.7M	0.02%	506
2024 Q3	$24.4M	Buy	448,300 +4,300	+1%	+$209K	0.01%	704
2024 Q2	$21M	Buy	+444,000	New	+$21M	0.01%	754
2024 Q1	–	Sell	-3,461,500	Closed	-$169M	–	3907
2023 Q4	$169M	Buy	3,461,500 +121,500	+4%	+$5.35M	0.05%	200
2023 Q3	$161M	Buy	3,340,000 +140,000	+4%	+$6.71M	0.06%	181
2023 Q2	$161M	Buy	3,200,000 +100,000	+3%	+$4.96M	0.06%	178
2023 Q1	$215M	Sell	3,100,000 -100,000	-3%	-$5.13M	0.09%	135
2022 Q4	$161M	Sell	3,200,000 -227,600	-7%	-$11.2M	0.07%	163
2022 Q3	$165K	Buy	3,427,600 +977,600	+40%	+$55.9M	0.07%	156
2022 Q2	$148K	Buy	2,450,000 +800,000	+48%	+$51.9M	0.07%	185
2022 Q1	$121M	Buy	1,650,000 +1,450,000	+725%	+$105M	0.06%	235
2021 Q4	$14.5M	Sell	200,000 -1,250,000	-86%	-$82.6M	0.01%	848
2021 Q3	$90.2M	Buy	+1,450,000	New	+$90.7M	0.04%	376
2021 Q1	–	Sell	-348,000	Closed	-$18.5M	–	5076
2020 Q4	$18.5M	Sell	348,000 -410,000	-54%	-$19.4M	0.01%	741
2020 Q3	$31.8M	Sell	758,000 -90,000	-11%	-$3.78M	0.03%	446
2020 Q2	$33.8M	Buy	848,000 +800,000	+1,667%	+$32M	0.03%	434
2020 Q1	$1.86M	Hold	48,000	–	–	﹤0.01%	1452
2019 Q4	$2.71M	Sell	48,000 -1,300,000	-96%	-$73.9M	﹤0.01%	1703
2019 Q3	$76.6M	Buy	1,348,000 +1,300,000	+2,708%	+$69.8M	0.07%	254
2019 Q2	$2.61M	Sell	48,000 -302,000	-86%	-$16.1M	﹤0.01%	1519
2019 Q1	$18.6M	Buy	+350,000	New	+$19.2M	0.02%	625
2018 Q2	–	Sell	-30,000	Closed	-$1.85M	–	4712
2018 Q1	$1.85M	Sell	30,000 -10,000	-25%	-$634K	﹤0.01%	1597
2017 Q4	$2.58M	Buy	40,000 +34,500	+627%	+$2.23M	﹤0.01%	1470
2017 Q3	$353K	Sell	5,500 -4,500	-45%	-$280K	﹤0.01%	2428
2017 Q2	$601K	Sell	10,000 -40,000	-80%	-$2.29M	﹤0.01%	2185
2017 Q1	$2.93M	Hold	50,000	–	–	﹤0.01%	1321
2016 Q4	$2.76M	Buy	50,000 +30,000	+150%	+$1.64M	﹤0.01%	1370
2016 Q3	$1.06M	Sell	20,000 -40,000	-67%	-$2.07M	﹤0.01%	1795
2016 Q2	$2.94M	Buy	60,000 +31,281	+109%	+$1.54M	﹤0.01%	1313
2016 Q1	$1.37M	Sell	28,719 -1,197,721	-98%	-$49M	﹤0.01%	1614
2015 Q4	$48.5M	Buy	1,226,440 +1,033,946	+537%	+$44.6M	0.06%	261
2015 Q3	$8.2M	Buy	192,494 +138,103	+254%	+$6.21M	0.01%	790
2015 Q2	$2.69M	Sell	54,391 -315,414	-85%	-$16.1M	﹤0.01%	1275
2015 Q1	$17.6M	Sell	369,805 -57,690	-13%	-$2.82M	0.02%	559
2014 Q4	$23.1M	Buy	427,495 +187,870	+78%	+$10.6M	0.03%	433
2014 Q3	$13.9M	Sell	239,625 -253,601	-51%	-$15.8M	0.02%	653
2014 Q2	$30.8M	Buy	493,226 +220,947	+81%	+$12.8M	0.03%	354
2014 Q1	$14.7M	Buy	272,279 +253,553	+1,354%	+$13.6M	0.02%	529
2013 Q4	$1.09M	Buy	+18,726	New	+$1.05M	﹤0.01%	1435
2013 Q3	–	Sell	-86,096	Closed	-$4.28M	–	3790
2013 Q2	$4.28M	Buy	+86,096	New	+$4.52M	0.01%	786

Other funds holding BNS

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

TD Asset Management Toronto, Ontario, Canada $115B AUM 41.58% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $69.7B AUM 40.86% 1-Year Est. Return

National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Scotia Capital Toronto, Ontario, Canada $24.3B AUM 29.21% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

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

Bank of Montreal reduced its Scotiabank (BNS) stake by 3.2% in Q1 2026, selling an estimated $134M and leaving 56,069,406 shares worth $3.89B. The position accounts for 1.45% of the portfolio, ranked #9.

Bank of Montreal first reported a position in BNS in Q2 2013 and has held it in 52 quarters since. The position peaked at $4.74B in Q1 2023. 506 funds tracked by Wall St. Rank hold BNS as of Q1 2026.

Bank of Montreal held 56,069,406 shares of Scotiabank worth $3.89B as of Q1 2026.
Bank of Montreal sold 1,830,901 Scotiabank shares in Q1 2026, an estimated $134M.
Scotiabank made up 1.45% of Bank of Montreal's portfolio in Q1 2026, its #9 holding.
Bank of Montreal first reported a position in Scotiabank in Q2 2013 and has held it in 52 quarters since.
Bank of Montreal's Scotiabank position peaked at $4.74B in Q1 2023.
506 funds tracked by Wall St. Rank held Scotiabank as of Q1 2026.

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