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 | |
|---|---|---|---|---|---|---|
1351
Rayonier
RYN
$6.48B
| $3.31M | ﹤0.01% |
156,361
+133,939
| +597% | +$3.06M |
|
1352
e.l.f. Beauty
ELF
$5.41B
| $3.26M | ﹤0.01% |
26,201
-4,899
| -16% | -$418K |
|
1353
Clearway Energy Class C
CWEN
$7.02B
| $3.23M | ﹤0.01% |
100,959
+3,866
| +4% | +$115K |
|
1354
Paylocity
PCTY
$7.88B
| $3.23M | ﹤0.01% |
17,830
-619
| -3% | -$116K |
|
1355
Nextpower Inc
NXT
$15.6B
| $3.22M | ﹤0.01% |
55,157
-9,420
| -15% | -$473K |
|
1356
DoubleLine Shiller CAPE US Equities ETF
CAPE
$245M
| $3.2M | ﹤0.01% |
100,735
+4
| +0% | +$121 |
|
1357
PUT
Western Digital
WDC
$171B
| $3.2M | ﹤0.01% |
+50,000
| New | +$2.38M |
|
1358
Sensata Technologies
ST
$6.68B
| $3.17M | ﹤0.01% |
105,202
-3,273
| -3% | -$80.3K |
|
1359
CALL
Astera Labs
ALAB
$55B
| $3.16M | ﹤0.01% |
35,000
| – | – |
|
1360
Harmony Gold Mining
HMY
$12.1B
| $3.14M | ﹤0.01% |
225,050
+22,777
| +11% | +$344K |
|
1361
APA Corp
APA
$14.2B
| $3.13M | ﹤0.01% |
171,316
-47,182
| -22% | -$818K |
|
1362
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.8B
| $3.13M | ﹤0.01% |
122,935
-13,217
| -10% | -$330K |
|
1363
CALL
Enterprise Products Partners
EPD
$83.5B
| $3.1M | ﹤0.01% |
100,000
| – | – |
|
1364
Mohawk Industries
MHK
$9.45B
| $3.1M | ﹤0.01% |
29,563
-8,070
| -21% | -$841K |
|
1365
PUT
EOG Resources
EOG
$75.1B
| $3.1M | ﹤0.01% |
+25,900
| New | +$2.96M |
|
1366
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $3.09M | ﹤0.01% |
48,384
+9,936
| +26% | +$606K |
|
1367
Zions Bancorporation
ZION
$10.5B
| $3.09M | ﹤0.01% |
59,553
-2,707
| -4% | -$127K |
|
1368
Patterson-UTI
PTEN
$4.34B
| $3.08M | ﹤0.01% |
519,800
+249,425
| +92% | +$1.5M |
|
1369
Flex
FLEX
$45.9B
| $3.08M | ﹤0.01% |
61,619
-2,178
| -3% | -$84.9K |
|
1370
CALL
Tapestry
TPR
$26B
| $3.07M | ﹤0.01% |
35,000
| – | – |
|
1371
Affiliated Managers Group
AMG
$9.82B
| $3.07M | ﹤0.01% |
15,613
-2,737
| -15% | -$475K |
|
1372
ScottsMiracle-Gro
SMG
$3.54B
| $3.06M | ﹤0.01% |
46,401
+10,992
| +31% | +$635K |
|
1373
Federal Agricultural Mortgage
AGM
$2.51B
| $3.03M | ﹤0.01% |
15,615
-10
| -0.1% | -$1.83K |
|
1374
Badger Meter
BMI
$3.78B
| $3.02M | ﹤0.01% |
12,318
-2,859
| -19% | -$648K |
|
1375
Insmed
INSM
$27B
| $2.99M | ﹤0.01% |
29,685
-721
| -2% | -$55.1K |
|
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.