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 | |
|---|---|---|---|---|---|---|
1301
GitLab
GTLB
$7.09B
| $4.27M | ﹤0.01% |
94,801
+66,978
| +241% | +$3.06M |
|
|
PPTA
1302
CALL
Perpetua Resources
PPTA
$3.2B
| $4.25M | ﹤0.01% |
210,000
+1,900
| +0.9% | +$32.1K |
|
1303
PUT
Dollar Tree
DLTR
$25.1B
| $4.25M | ﹤0.01% |
+45,000
| New | +$4.82M |
|
1304
Watsco Inc
WSO
$12.8B
| $4.23M | ﹤0.01% |
10,465
-412
| -4% | -$176K |
|
1305
American Homes 4 Rent
AMH
$12.3B
| $4.22M | ﹤0.01% |
126,852
-1,786
| -1% | -$62.3K |
|
1306
Louisiana-Pacific
LPX
$5.16B
| $4.21M | ﹤0.01% |
47,431
-68
| -0.1% | -$6.28K |
|
1307
CALL
Merck
MRK
$331B
| $4.2M | ﹤0.01% |
50,000
| – | – |
|
1308
Mirum Pharmaceuticals
MIRM
$5.96B
| $4.18M | ﹤0.01% |
57,043
| – | – |
|
1309
CALL
Penumbra
PEN
$12.9B
| $4.15M | ﹤0.01% |
+16,400
| New | +$4.14M |
|
1310
JPMorgan Equity Premium Income ETF
JEPI
$46.2B
| $4.15M | ﹤0.01% |
72,708
+9,928
| +16% | +$564K |
|
1311
Ivanhoe Electric
IE
$1.69B
| $4.12M | ﹤0.01% |
328,520
+309,265
| +1,606% | +$3.06M |
|
1312
PUT
CrowdStrike
CRWD
$223B
| $4.12M | ﹤0.01% |
33,600
-130,800
| -80% | -$14.9M |
|
1313
Darling Ingredients
DAR
$10.6B
| $4.11M | ﹤0.01% |
133,038
+482
| +0.4% | +$16.1K |
|
1314
iShares Core MSCI Total International Stock ETF
IXUS
$60.9B
| $4.1M | ﹤0.01% |
49,678
+34,398
| +225% | +$2.73M |
|
|
BCPC
1315
Balchem Corp
BCPC
$5.64B
| $4.08M | ﹤0.01% |
27,195
-3,127
| -10% | -$493K |
|
1316
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $4.06M | ﹤0.01% |
50,000
+30,000
| +150% | +$2.42M |
|
1317
Franklin FTSE India ETF
FLIN
$2.66B
| $4.06M | ﹤0.01% |
108,776
+875
| +0.8% | +$33.6K |
|
1318
Prosperity Bancshares
PB
$9.01B
| $4.06M | ﹤0.01% |
61,132
+44,400
| +265% | +$3.05M |
|
1319
PUT
State Street Financial Select Sector SPDR ETF
XLF
$59.3B
| $4.04M | ﹤0.01% |
+75,000
| New | +$3.97M |
|
1320
Marcus Corp
MCS
$924M
| $4M | ﹤0.01% |
258,130
| – | – |
|
1321
iShares International Select Dividend ETF
IDV
$8.59B
| $4M | ﹤0.01% |
109,451
+35,892
| +49% | +$1.29M |
|
1322
PUT
Apollo Global Management
APO
$83.6B
| $4M | ﹤0.01% |
30,000
| – | – |
|
1323
Equinor
EQNR
$97.6B
| $4M | ﹤0.01% |
163,907
+27,003
| +20% | +$677K |
|
1324
FMC
FMC
$1.27B
| $4M | ﹤0.01% |
118,799
-8,712
| -7% | -$340K |
|
1325
PUT
Boeing
BA
$183B
| $3.99M | ﹤0.01% |
18,500
+16,000
| +640% | +$3.61M |
|
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.