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 | |
|---|---|---|---|---|---|---|
|
PHYD
1376
DELISTED
Putnam ESG High Yield ETF
PHYD
| $3.6M | ﹤0.01% |
68,820
+3,750
| +6% | +$195K |
|
1377
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $3.59M | ﹤0.01% |
+30,000
| New | +$3.43M |
|
|
1378
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $3.59M | ﹤0.01% |
30,000
-50,000
| -63% | -$5.72M |
|
1379
CALL
Eaton
ETN
$175B
| $3.59M | ﹤0.01% |
9,600
-13,600
| -59% | -$4.95M |
|
1380
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.48B
| $3.54M | ﹤0.01% |
73,376
+2,541
| +4% | +$122K |
|
1381
PUT
GitLab
GTLB
$7.22B
| $3.52M | ﹤0.01% |
+78,000
| New | +$3.57M |
|
1382
CALL
Intel
INTC
$519B
| $3.5M | ﹤0.01% |
104,300
+50,000
| +92% | +$1.21M |
|
1383
Affiliated Managers Group
AMG
$9.79B
| $3.5M | ﹤0.01% |
14,663
-950
| -6% | -$209K |
|
1384
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $3.49M | ﹤0.01% |
68,857
+3,091
| +5% | +$156K |
|
1385
Albertsons Companies
ACI
$6.02B
| $3.48M | ﹤0.01% |
198,809
+19,520
| +11% | +$383K |
|
1386
Westlake Corp
WLK
$10.2B
| $3.48M | ﹤0.01% |
45,165
-185,857
| -80% | -$15.5M |
|
1387
Arbutus Biopharma
ABUS
$906M
| $3.47M | ﹤0.01% |
765,263
+164,833
| +27% | +$605K |
|
1388
PUT
Arista Networks
ANET
$251B
| $3.46M | ﹤0.01% |
1,300
-80,400
| -98% | -$10.4M |
|
1389
Constellium
CSTM
$4B
| $3.45M | ﹤0.01% |
231,915
+22,385
| +11% | +$320K |
|
1390
Encompass Health
EHC
$12.2B
| $3.43M | ﹤0.01% |
27,015
+13,030
| +93% | +$1.55M |
|
1391
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $3.43M | ﹤0.01% |
50,357
+1,973
| +4% | +$130K |
|
1392
Ares Capital
ARCC
$14.4B
| $3.42M | ﹤0.01% |
167,756
-739
| -0.4% | -$16.4K |
|
1393
Autoliv
ALV
$8.93B
| $3.4M | ﹤0.01% |
27,506
-4,886
| -15% | -$585K |
|
1394
PUT
Rivian
RIVN
$22.5B
| $3.39M | ﹤0.01% |
270,000
| – | – |
|
1395
Exelixis
EXEL
$12.6B
| $3.38M | ﹤0.01% |
81,907
-30,060
| -27% | -$1.21M |
|
1396
Trex
TREX
$5.06B
| $3.38M | ﹤0.01% |
65,364
-1,369
| -2% | -$83.4K |
|
1397
PUT
Agnico Eagle Mines
AEM
$93.8B
| $3.37M | ﹤0.01% |
20,000
-20,000
| -50% | -$2.75M |
|
1398
Curtiss-Wright
CW
$25.5B
| $3.37M | ﹤0.01% |
6,200
+1,146
| +23% | +$565K |
|
1399
Telkom Indonesia
TLK
$14.6B
| $3.34M | ﹤0.01% |
177,677
+4,235
| +2% | +$78.3K |
|
1400
monday.com
MNDY
$3.8B
| $3.34M | ﹤0.01% |
17,224
-6,627
| -28% | -$1.53M |
|
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.