Bank of Montreal’s Telus TU Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$6.51M	Sell	506,500 -304,100	-38%	-$4.12M	﹤0.01%	1224
2025 Q4	$10.7M	Buy	810,600 +510,600	+170%	+$7.19M	﹤0.01%	1093
2025 Q3	$4.72M	Sell	300,000 -800,000	-73%	-$13M	﹤0.01%	1313
2025 Q2	$17.7M	Hold	1,100,000	–	–	0.01%	773
2025 Q1	$15.8M	Buy	1,100,000 +300,000	+38%	+$4.4M	0.01%	780
2024 Q4	$10.8M	Buy	+800,000	New	+$12.3M	0.01%	966
2022 Q2	–	Sell	-51,000	Closed	-$1.32M	–	4459
2022 Q1	$1.32M	Buy	+51,000	New	+$1.26M	﹤0.01%	2167
2020 Q1	–	Sell	-244,000	Closed	-$4.72M	–	4708
2019 Q4	$4.72M	Hold	244,000	–	–	﹤0.01%	1390
2019 Q3	$4.35M	Hold	244,000	–	–	﹤0.01%	1273
2019 Q2	$4.5M	Hold	244,000	–	–	﹤0.01%	1255
2019 Q1	$4.52M	Buy	244,000 +159,000	+187%	+$2.81M	﹤0.01%	1222
2018 Q4	$1.41M	Buy	+85,000	New	+$1.48M	﹤0.01%	1714
2018 Q3	–	Sell	-20,000	Closed	-$355K	–	4891
2018 Q2	$355K	Sell	20,000 -25,000	-56%	-$442K	﹤0.01%	2501
2018 Q1	$791K	Buy	+45,000	New	+$821K	﹤0.01%	2027

Other funds holding TU

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

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

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

FDCDDQ

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

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

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

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 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

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

Bank of Montreal reduced its Telus (TU) stake by 3.3% in Q1 2026, selling an estimated $27.4M and leaving 59,901,624 shares worth $770M. The position accounts for 0.29% of the portfolio, ranked #71.

Bank of Montreal first reported a position in TU in Q2 2013 and has held it in 52 quarters since. The position peaked at $1.34B in Q2 2025. 290 funds tracked by Wall St. Rank hold TU as of Q1 2026.

Bank of Montreal held 59,901,624 shares of Telus worth $770M as of Q1 2026.
Bank of Montreal sold 2,027,168 Telus shares in Q1 2026, an estimated $27.4M.
Telus made up 0.29% of Bank of Montreal's portfolio in Q1 2026, its #71 holding.
Bank of Montreal first reported a position in Telus in Q2 2013 and has held it in 52 quarters since.
Bank of Montreal's Telus position peaked at $1.34B in Q2 2025.
290 funds tracked by Wall St. Rank held Telus as of Q1 2026.

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