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 | |
|---|---|---|---|---|---|---|
1201
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.46B
| $5.34M | ﹤0.01% |
62,898
+874
| +1% | +$73.8K |
|
1202
Omnicell
OMCL
$1.69B
| $5.33M | ﹤0.01% |
175,142
-8,347
| -5% | -$257K |
|
1203
Vanguard Financials ETF
VFH
$14B
| $5.31M | ﹤0.01% |
40,449
+30,265
| +297% | +$3.92M |
|
1204
WisdomTree International SmallCap Dividend Fund
DLS
$1.08B
| $5.3M | ﹤0.01% |
66,624
+1,707
| +3% | +$133K |
|
1205
Encore Capital Group
ECPG
$2.07B
| $5.29M | ﹤0.01% |
126,757
-1,284
| -1% | -$52.7K |
|
|
CNH
1206
CNH Industrial
CNH
$16.7B
| $5.29M | ﹤0.01% |
487,334
+60,112
| +14% | +$734K |
|
1207
PUT
Gildan
GIL
$10.6B
| $5.28M | ﹤0.01% |
+91,400
| New | +$4.89M |
|
1208
Match Group
MTCH
$8.56B
| $5.28M | ﹤0.01% |
149,448
+40,809
| +38% | +$1.46M |
|
1209
Magnite
MGNI
$3.53B
| $5.26M | ﹤0.01% |
241,332
-1,014
| -0.4% | -$23.9K |
|
1210
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $5.25M | ﹤0.01% |
120,400
| – | – |
|
1211
Bausch Health
BHC
$2.37B
| $5.24M | ﹤0.01% |
814,439
-68,788
| -8% | -$470K |
|
1212
MGM Resorts International
MGM
$11.1B
| $5.23M | ﹤0.01% |
150,874
+14,704
| +11% | +$540K |
|
1213
Dick's Sporting Goods
DKS
$18.1B
| $5.23M | ﹤0.01% |
23,520
+6
| +0% | +$1.31K |
|
1214
PUT
DraftKings
DKNG
$12.6B
| $5.19M | ﹤0.01% |
+138,900
| New | +$6.16M |
|
1215
Arm
ARM
$298B
| $5.19M | ﹤0.01% |
36,691
+4,055
| +12% | +$591K |
|
1216
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$541M
| $5.17M | ﹤0.01% |
55,305
+1,597
| +3% | +$148K |
|
1217
PUT
Peabody Energy
BTU
$2.94B
| $5.17M | ﹤0.01% |
+195,000
| New | +$3.48M |
|
1218
Universal Display
OLED
$4.18B
| $5.15M | ﹤0.01% |
35,882
+26,588
| +286% | +$3.87M |
|
|
BNT
1219
Brookfield Wealth Solutions
BNT
$12.2B
| $5.15M | ﹤0.01% |
112,775
-90
| -0.1% | -$3.99K |
|
1220
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$796M
| $5.13M | ﹤0.01% |
174,603
-1,979
| -1% | -$57.3K |
|
1221
ArcelorMittal
MT
$55.2B
| $5.12M | ﹤0.01% |
141,714
-6,876
| -5% | -$232K |
|
1222
iShares MSCI Kuwait ETF
KWT
$69.4M
| $5.09M | ﹤0.01% |
128,500
| – | – |
|
|
JBS
1223
JBS N.V.
JBS
$43.8B
| $5.09M | ﹤0.01% |
340,643
+140,275
| +70% | +$2.05M |
|
1224
Repay Holdings
RPAY
$311M
| $5.08M | ﹤0.01% |
971,018
+11,987
| +1% | +$64.1K |
|
1225
PUT
Hertz
HTZ
$838M
| $5.03M | ﹤0.01% |
739,600
| – | – |
|
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.