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 |
EMA
Emera Inc
EMA
|
+$742M |
| 2 |
Canadian Natural Resources
CNQ
|
+$507M |
| 3 |
Amazon
AMZN
|
+$445M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$418M |
| 5 |
Strategy Inc
MSTR
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.72B |
| 2 |
NVIDIA
NVDA
|
+$1.19B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.03B |
| 4 |
Canadian Imperial Bank of Commerce
CM
|
+$886M |
| 5 |
Mastercard
MA
|
+$775M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.07% |
| 2 | Technology | 20.31% |
| 3 | Communication Services | 8.37% |
| 4 | Industrials | 6.84% |
| 5 | Consumer Discretionary | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
ARK Innovation ETF
ARKK
$6.54B
| $13M | 0.01% |
184,920
+4,057
| +2% | +$224K |
|
852
Biogen
BIIB
$30.9B
| $13M | 0.01% |
103,314
-29,654
| -22% | -$3.69M |
|
853
CALL
American Electric Power
AEP
$67.9B
| $13M | 0.01% |
125,000
| – | – |
|
854
Insulet
PODD
$10.1B
| $13M | 0.01% |
41,253
-13,387
| -25% | -$3.86M |
|
855
HSBC
HSBC
$358B
| $12.7M | 0.01% |
209,666
+133,591
| +176% | +$7.6M |
|
856
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $12.7M | 0.01% |
106,692
-18,248
| -15% | -$2.15M |
|
857
Gaming and Leisure Properties
GLPI
$12.5B
| $12.6M | 0.01% |
269,712
+131,756
| +96% | +$6.23M |
|
|
BBU
858
DELISTED
Brookfield Business Partners
BBU
| $12.6M | 0.01% |
483,491
-493,224
| -50% | -$11.6M |
|
859
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.43B
| $12.6M | 0.01% |
263,884
-43,561
| -14% | -$2.06M |
|
860
CALL
Celestica
CLS
$43.8B
| $12.5M | 0.01% |
+79,800
| New | +$8.48M |
|
861
Revvity
RVTY
$13.1B
| $12.5M | 0.01% |
128,907
+1,299
| +1% | +$122K |
|
862
Vanguard Total International Stock ETF
VXUS
$164B
| $12.5M | 0.01% |
180,386
+37,306
| +26% | +$2.42M |
|
863
Roblox
RBLX
$27.1B
| $12.5M | 0.01% |
118,387
+49,740
| +72% | +$3.91M |
|
864
PUT
Intel
INTC
$527B
| $12.4M | 0.01% |
554,500
-60,500
| -10% | -$1.25M |
|
865
International Paper
IP
$21.8B
| $12.4M | 0.01% |
265,164
-95,504
| -26% | -$4.52M |
|
866
BILL Holdings
BILL
$4.85B
| $12.4M | 0.01% |
268,078
-98,680
| -27% | -$4.36M |
|
867
GoDaddy
GDDY
$12.7B
| $12.4M | 0.01% |
68,619
-25,706
| -27% | -$4.61M |
|
868
iShares Russell Mid-Cap Value ETF
IWS
$16.1B
| $12.3M | 0.01% |
92,945
-1,139
| -1% | -$143K |
|
869
HEICO Corp Class A
HEI.A
$38B
| $12.3M | 0.01% |
47,440
+36,202
| +322% | +$7.92M |
|
870
Bank First Corp
BFC
$1.74B
| $12.2M | 0.01% |
103,890
+200
| +0.2% | +$22.3K |
|
871
PUT
TC Energy
TRP
$66.3B
| $12.2M | 0.01% |
+250,000
| New | +$12.3M |
|
872
Invesco Senior Loan ETF
BKLN
$6.76B
| $12.2M | 0.01% |
581,689
-981
| -0.2% | -$20.4K |
|
873
Triple Flag Precious Metals
TFPM
$6.64B
| $12M | 0.01% |
505,592
-36,745
| -7% | -$805K |
|
874
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $11.9M | 0.01% |
+200,000
| New | +$11.1M |
|
875
Entegris
ENTG
$24.6B
| $11.9M | 0.01% |
147,232
+8,425
| +6% | +$640K |
|
Similar funds
Bank of Montreal's Q2 2025 Portfolio in Review
As of Q2 2025, Bank of Montreal held 3,808 positions worth $213B, up 3.6% from $206B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Bank of Montreal withdrew a net $14.4B in Q2 2025, closing 312 positions and reducing 1,471 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $594M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 23% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Bank of Montreal opened a new position in Emera Inc worth $758M.
- Bank of Montreal's largest Q2 2025 buy was Emera Inc: 16,537,422 shares worth $758M.
- Bank of Montreal added most to Canadian Natural Resources in Q2 2025, an estimated $507M increase.
- Bank of Montreal's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.72B.
- Bank of Montreal fully exited Invesco QQQ Trust in Q2 2025, selling an estimated $594M.
- Bank of Montreal's ten largest holdings make up 27% of its $213B portfolio in Q2 2025.
- Bank of Montreal opened 341 new positions and closed 312 in Q2 2025.
- Bank of Montreal's portfolio value rose 3.6% quarter-over-quarter to $213B.
Based on Bank of Montreal's 13F filing for Q2 2025, filed 5 Aug 2025.