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 | |
|---|---|---|---|---|---|---|
|
CFLT
1501
CALL
DELISTED
Confluent
CFLT
| $2.42M | ﹤0.01% |
+122,300
| New | +$2.56M |
|
1502
Bio-Rad Laboratories Class A
BIO
$9.6B
| $2.41M | ﹤0.01% |
8,609
-340
| -4% | -$92.5K |
|
1503
iShares Cybersecurity and Tech ETF
IHAK
$1.13B
| $2.41M | ﹤0.01% |
45,995
+2,209
| +5% | +$114K |
|
1504
CubeSmart
CUBE
$9.39B
| $2.4M | ﹤0.01% |
59,029
-2,207
| -4% | -$89.9K |
|
1505
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.8B
| $2.4M | ﹤0.01% |
93,635
-29,300
| -24% | -$746K |
|
1506
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.69B
| $2.39M | ﹤0.01% |
56,769
+1,653
| +3% | +$69.1K |
|
1507
Lamar Advertising Co
LAMR
$15.8B
| $2.38M | ﹤0.01% |
19,456
-1,188
| -6% | -$148K |
|
1508
PUT
ConocoPhillips
COP
$152B
| $2.36M | ﹤0.01% |
25,000
-12,500
| -33% | -$1.18M |
|
1509
Acuity Brands
AYI
$10.7B
| $2.36M | ﹤0.01% |
6,866
-470
| -6% | -$150K |
|
1510
PUT
Occidental Petroleum
OXY
$58.4B
| $2.36M | ﹤0.01% |
50,000
-95,000
| -66% | -$4.29M |
|
1511
Vornado Realty Trust
VNO
$7.25B
| $2.36M | ﹤0.01% |
58,202
-3,662
| -6% | -$143K |
|
1512
PUT
ATS Corp
ATS
$2B
| $2.35M | ﹤0.01% |
90,000
-169,900
| -65% | -$4.89M |
|
1513
WPP
WPP
$5.78B
| $2.33M | ﹤0.01% |
92,964
-13,558
| -13% | -$370K |
|
1514
Qorvo
QRVO
$8.57B
| $2.32M | ﹤0.01% |
25,441
-1,950
| -7% | -$174K |
|
1515
Spire
SR
$4.9B
| $2.32M | ﹤0.01% |
28,424
-2,451
| -8% | -$186K |
|
1516
Vanguard Russell 2000 ETF
VTWO
$17.5B
| $2.32M | ﹤0.01% |
23,680
-1,346
| -5% | -$125K |
|
1517
Idacorp
IDA
$8.25B
| $2.32M | ﹤0.01% |
17,520
-666
| -4% | -$82.5K |
|
1518
CALL
Eldorado Gold
EGO
$10.3B
| $2.31M | ﹤0.01% |
80,000
+55,600
| +228% | +$1.31M |
|
1519
Omeros
OMER
$1.24B
| $2.31M | ﹤0.01% |
563,095
-8,000
| -1% | -$31.7K |
|
1520
Elanco Animal Health
ELAN
$11.7B
| $2.3M | ﹤0.01% |
114,393
+2,897
| +3% | +$48.5K |
|
1521
Shake Shack
SHAK
$3.01B
| $2.3M | ﹤0.01% |
24,571
-1,255
| -5% | -$144K |
|
1522
CALL
Dow Inc
DOW
$22.4B
| $2.29M | ﹤0.01% |
100,000
+10,000
| +11% | +$249K |
|
|
NTSK
1523
Netskope Inc
NTSK
$6.42B
| $2.28M | ﹤0.01% |
+100,400
| New | +$2.39M |
|
1524
Pearson
PSO
$9.73B
| $2.28M | ﹤0.01% |
161,009
+150,376
| +1,414% | +$2.16M |
|
1525
Schwab Short-Term US Treasury ETF
SCHO
$13B
| $2.28M | ﹤0.01% |
93,282
+2,104
| +2% | +$51.2K |
|
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.