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 | |
|---|---|---|---|---|---|---|
951
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $9.67M | ﹤0.01% |
+200,400
| New | +$9.01M |
|
952
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $9.66M | ﹤0.01% |
173,162
-15,189
| -8% | -$791K |
|
953
STAG Industrial
STAG
$7.12B
| $9.65M | ﹤0.01% |
265,976
+4,921
| +2% | +$170K |
|
|
EXAS
954
DELISTED
Exact Sciences
EXAS
| $9.62M | ﹤0.01% |
180,988
+102,728
| +131% | +$5.22M |
|
955
PUT
RB Global
RBA
$16B
| $9.57M | ﹤0.01% |
+90,000
| New | +$9.23M |
|
956
Amcor
AMCR
$21.4B
| $9.54M | ﹤0.01% |
207,700
+52,583
| +34% | +$2.43M |
|
957
Norwegian Cruise Line
NCLH
$8.98B
| $9.52M | ﹤0.01% |
469,409
-92,332
| -16% | -$1.65M |
|
958
PUT
Ovintiv
OVV
$17.5B
| $9.51M | ﹤0.01% |
+250,000
| New | +$9.17M |
|
959
Packaging Corp of America
PKG
$22.8B
| $9.47M | ﹤0.01% |
50,234
-15,669
| -24% | -$2.96M |
|
|
960
PUT
Canadian Natural Resources
CNQ
$98.1B
| $9.46M | ﹤0.01% |
300,800
-500,800
| -62% | -$15.2M |
|
961
Camden Property Trust
CPT
$10.9B
| $9.42M | ﹤0.01% |
83,599
+7,455
| +10% | +$860K |
|
962
Comfort Systems
FIX
$60.8B
| $9.38M | ﹤0.01% |
17,498
-321
| -2% | -$140K |
|
963
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $9.38M | ﹤0.01% |
305,816
-33,736
| -10% | -$1.02M |
|
964
PUT
Suncor Energy
SU
$76.5B
| $9.37M | ﹤0.01% |
250,000
+249,200
| +31,150% | +$9.01M |
|
965
Genuine Parts
GPC
$18.7B
| $9.36M | ﹤0.01% |
77,165
-31,547
| -29% | -$3.8M |
|
966
Harley-Davidson
HOG
$2.7B
| $9.36M | ﹤0.01% |
396,602
-9,038
| -2% | -$215K |
|
967
Amer Sports
AS
$19.3B
| $9.31M | ﹤0.01% |
240,305
-2,635
| -1% | -$81.1K |
|
968
Essex Property Trust
ESS
$18.1B
| $9.3M | ﹤0.01% |
32,811
-8,665
| -21% | -$2.43M |
|
969
PUT
Avis
CAR
$4.93B
| $9.3M | ﹤0.01% |
+55,000
| New | +$5.93M |
|
970
Hasbro
HAS
$13.4B
| $9.29M | ﹤0.01% |
125,791
-9,600
| -7% | -$605K |
|
971
XPO
XPO
$24.7B
| $9.28M | ﹤0.01% |
73,482
+5,289
| +8% | +$593K |
|
972
BellRing Brands
BRBR
$1.26B
| $9.25M | ﹤0.01% |
159,665
+132,680
| +492% | +$8.85M |
|
973
Fidelity National Financial
FNF
$12.8B
| $9.24M | ﹤0.01% |
164,886
-14,053
| -8% | -$822K |
|
974
PUT
VanEck Gold Miners ETF
GDX
$26.9B
| $9.19M | ﹤0.01% |
176,500
+36,500
| +26% | +$1.81M |
|
975
State Street Materials Select Sector SPDR ETF
XLB
$8.57B
| $9.18M | ﹤0.01% |
209,162
+8,256
| +4% | +$350K |
|
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.