Bank of Montreal’s Pembina Pipeline PBA Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$120K	Sell	2,600 -143,000	-98%	-$6.62M	﹤0.01%	3179
2026 Q1	$6.52M	Buy	+145,600	New	+$6.17M	﹤0.01%	1222
2025 Q4	–	Sell	-900	Closed	-$36.4K	–	3778
2025 Q3	$36.4K	Buy	+900	New	+$34K	﹤0.01%	3188
2024 Q4	–	Sell	-5,600	Closed	-$231K	–	3845
2024 Q3	$231K	Buy	+5,600	New	+$219K	﹤0.01%	2952
2024 Q1	–	Sell	-1,550,000	Closed	-$53.4M	–	4216
2023 Q4	$53.4M	Hold	1,550,000	–	–	0.02%	457
2023 Q3	$47.9M	Hold	1,550,000	–	–	0.02%	432
2023 Q2	$48.9M	Hold	1,550,000	–	–	0.02%	418
2023 Q1	$50.2M	Hold	1,550,000	–	–	0.02%	382
2022 Q4	$53M	Hold	1,550,000	–	–	0.02%	367
2022 Q3	$55M	Sell	1,550,000 -10,000	-0.6%	-$357K	0.02%	344
2022 Q2	$61.2M	Buy	1,560,000 +1,360,000	+680%	+$52.4M	0.03%	342
2022 Q1	$7.56M	Buy	+200,000	New	+$6.75M	﹤0.01%	1277
2019 Q1	–	Sell	-898,968	Closed	-$26.7M	–	4626
2018 Q4	$26.7M	Hold	898,968	–	–	0.03%	484
2018 Q3	$30.6M	Hold	898,968	–	–	0.02%	514
2018 Q2	$31.1M	Hold	898,968	–	–	0.03%	477
2018 Q1	$28.1M	Hold	898,968	–	–	0.03%	509
2017 Q4	$32.5M	Buy	+898,968	New	+$31.1M	0.03%	469
2017 Q1	–	Sell	-2,500	Closed	-$74K	–	4146
2016 Q4	$74K	Buy	+2,500	New	+$75.6K	﹤0.01%	2968
2015 Q2	–	Sell	-4,000	Closed	-$127K	–	4065
2015 Q1	$127K	Hold	4,000	–	–	﹤0.01%	2536
2014 Q4	$146K	Sell	4,000 -94,000	-96%	-$3.57M	﹤0.01%	2603
2014 Q3	$4.13M	Buy	+98,000	New	+$4.32M	﹤0.01%	1158

Other funds holding PBA

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $62.3B AUM 44.64% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $199B AUM 37.98% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Scotia Capital Toronto, Ontario, Canada $26.8B AUM 33.07% 1-Year Est. Return

Bank of Montreal's PBA Position: Q2 2026 in Review

Bank of Montreal increased its Pembina Pipeline (PBA) stake by 2.5% in Q2 2026, buying an estimated $24.7M and bringing the position to 21,611,518 shares worth $999M. The position accounts for 0.33% of the portfolio, ranked #68.

Bank of Montreal first reported a position in PBA in Q2 2013 and has held it in 53 quarters since. The position peaked at $1.09B in Q3 2024. 435 funds tracked by Wall St. Rank hold PBA as of Q2 2026.

Bank of Montreal held 21,611,518 shares of Pembina Pipeline worth $999M as of Q2 2026.
Bank of Montreal bought 532,831 Pembina Pipeline shares in Q2 2026, an estimated $24.7M.
Pembina Pipeline made up 0.33% of Bank of Montreal's portfolio in Q2 2026, its #68 holding.
Bank of Montreal first reported a position in Pembina Pipeline in Q2 2013 and has held it in 53 quarters since.
Bank of Montreal's Pembina Pipeline position peaked at $1.09B in Q3 2024.
435 funds tracked by Wall St. Rank held Pembina Pipeline as of Q2 2026.

Based on Bank of Montreal's 13F filing for Q2 2026, filed 12 Aug 2026.