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 |
iShares Core S&P 500 ETF
IVV
|
+$1.08B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$706M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$604M |
| 4 |
Microsoft
MSFT
|
+$515M |
| 5 |
SPDR Gold Trust
GLD
|
+$499M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
| 2 |
Toronto Dominion Bank
TD
|
+$513M |
| 3 |
iShares MSCI Japan ETF
EWJ
|
+$488M |
| 4 |
Canadian Natural Resources
CNQ
|
+$389M |
| 5 |
Advanced Micro Devices
AMD
|
+$380M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.46% |
| 2 | Technology | 21.42% |
| 3 | Communication Services | 7.63% |
| 4 | Consumer Discretionary | 6% |
| 5 | Industrials | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Alexandria Real Estate Equities
ARE
$8.33B
| $41.1M | 0.02% |
493,492
+87,174
| +21% | +$6.98M |
|
552
Verisk Analytics
VRSK
$24.2B
| $41.1M | 0.02% |
163,426
+7,129
| +5% | +$1.96M |
|
553
Eastman Chemical
EMN
$8.43B
| $41.1M | 0.02% |
651,567
+179,183
| +38% | +$12.5M |
|
554
Interactive Brokers
IBKR
$41.4B
| $41M | 0.02% |
595,668
+495,421
| +494% | +$31.2M |
|
|
XYZ
555
Block Inc
XYZ
$49.9B
| $40.9M | 0.02% |
566,109
-253,091
| -31% | -$18.9M |
|
556
Public Service Enterprise Group
PEG
$37.8B
| $40.7M | 0.02% |
487,263
+49,087
| +11% | +$4.12M |
|
557
Iron Mountain
IRM
$37.7B
| $40.6M | 0.02% |
398,180
+31,746
| +9% | +$3.06M |
|
558
Cognizant
CTSH
$26.7B
| $40.6M | 0.02% |
604,679
+60,010
| +11% | +$4.34M |
|
559
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.75B
| $40.5M | 0.02% |
447,967
+11,586
| +3% | +$997K |
|
|
OKLO
560
PUT
Oklo
OKLO
$8.64B
| $40.4M | 0.02% |
+362,100
| New | +$28.4M |
|
561
Warner Bros
WBD
$69.6B
| $40.3M | 0.02% |
2,064,081
+494,415
| +31% | +$6.74M |
|
562
Edison International
EIX
$27.2B
| $40M | 0.02% |
723,675
+40,523
| +6% | +$2.19M |
|
563
PUT
GameStop
GME
$8.33B
| $39.9M | 0.02% |
1,460,800
-447,200
| -23% | -$10.6M |
|
564
PUT
Sun Life Financial
SLF
$44.8B
| $39.8M | 0.02% |
662,500
| – | – |
|
565
CoStar Group
CSGP
$13.4B
| $39.6M | 0.02% |
469,680
+49,554
| +12% | +$4.38M |
|
566
Cheniere Energy
LNG
$55B
| $39.6M | 0.02% |
168,414
-26,526
| -14% | -$6.23M |
|
567
PPG Industries
PPG
$25.5B
| $39.5M | 0.02% |
376,127
+41,319
| +12% | +$4.59M |
|
568
iShares Global REIT ETF
REET
$5.08B
| $39.5M | 0.02% |
1,543,969
-406,207
| -21% | -$10.2M |
|
569
Diageo
DEO
$52.8B
| $39.2M | 0.02% |
411,020
-125,269
| -23% | -$13.1M |
|
570
Coherent
COHR
$64B
| $39.2M | 0.02% |
363,506
+293,914
| +422% | +$29.3M |
|
571
Datadog
DDOG
$90.6B
| $39.1M | 0.02% |
274,837
+150,441
| +121% | +$20.7M |
|
572
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.49B
| $39M | 0.02% |
1,847,350
+1,340,998
| +265% | +$18.2M |
|
573
Kraft Heinz
KHC
$30.1B
| $39M | 0.02% |
1,497,390
+192,287
| +15% | +$5.22M |
|
574
CALL
Scotiabank
BNS
$111B
| $38.9M | 0.01% |
602,300
-1,200
| -0.2% | -$70.7K |
|
575
CALL
Enbridge
ENB
$112B
| $38.9M | 0.01% |
771,000
+421,000
| +120% | +$19.8M |
|
Similar funds
Bank of Montreal's Q3 2025 Portfolio in Review
As of Q3 2025, Bank of Montreal held 3,865 positions worth $261B, up 22% from $213B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal deployed $12.9B of net new capital in Q3 2025, opening 378 new positions and adding to 1,362 existing holdings. Its largest new stake was Invesco QQQ Trust: 1,232,947 shares worth $740M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 21% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $742M trimmed.
- Bank of Montreal's largest Q3 2025 buy was Invesco QQQ Trust: 1,232,947 shares worth $740M.
- Bank of Montreal added most to iShares Core S&P 500 ETF in Q3 2025, an estimated $1.08B increase.
- Bank of Montreal's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $742M.
- Bank of Montreal fully exited Hess in Q3 2025, selling an estimated $45.1M.
- Bank of Montreal's ten largest holdings make up 26% of its $261B portfolio in Q3 2025.
- Bank of Montreal opened 378 new positions and closed 364 in Q3 2025.
- Bank of Montreal's portfolio value rose 22% quarter-over-quarter to $261B.
Based on Bank of Montreal's 13F filing for Q3 2025, filed 13 Nov 2025.