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 | |
|---|---|---|---|---|---|---|
1626
Old Republic International
ORI
$10.3B
| $1.51M | ﹤0.01% |
39,158
-2,549
| -6% | -$95.9K |
|
|
IBTF
1627
DELISTED
iShares iBonds Dec 2025 Term Treasury ETF
IBTF
| $1.5M | ﹤0.01% |
64,380
+47,720
| +286% | +$1.11M |
|
1628
ZTO Express
ZTO
$17.4B
| $1.5M | ﹤0.01% |
84,694
+812
| +1% | +$14.7K |
|
1629
Urban Outfitters
URBN
$6.66B
| $1.5M | ﹤0.01% |
20,709
+11,894
| +135% | +$714K |
|
1630
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.3B
| $1.5M | ﹤0.01% |
63,860
+60,681
| +1,909% | +$1.39M |
|
1631
ProShares UltraPro QQQ
TQQQ
$38.5B
| $1.5M | ﹤0.01% |
36,118
-1,386
| -4% | -$43.9K |
|
1632
PUT
NCR Voyix
VYX
$1.13B
| $1.5M | ﹤0.01% |
+127,200
| New | +$1.29M |
|
1633
MGIC Investment
MTG
$6.39B
| $1.5M | ﹤0.01% |
53,816
-3,083
| -5% | -$79.3K |
|
1634
JPMorgan Active Growth ETF
JGRO
$10.1B
| $1.5M | ﹤0.01% |
+17,378
| New | +$1.35M |
|
1635
California Water Service
CWT
$3.12B
| $1.5M | ﹤0.01% |
32,877
-415
| -1% | -$19.9K |
|
1636
Crown Holdings
CCK
$12.9B
| $1.49M | ﹤0.01% |
14,426
-986
| -6% | -$93.9K |
|
|
CGAU
1637
PUT
Centerra Gold
CGAU
$4.21B
| $1.48M | ﹤0.01% |
205,700
+174,400
| +557% | +$1.19M |
|
1638
Vale
VALE
$58B
| $1.48M | ﹤0.01% |
152,139
+136,580
| +878% | +$1.29M |
|
1639
PUT
IAMGOLD
IAG
$10.4B
| $1.47M | ﹤0.01% |
+200,000
| New | +$1.4M |
|
1640
Chesapeake Utilities
CPK
$3.26B
| $1.47M | ﹤0.01% |
12,260
-144
| -1% | -$18.1K |
|
|
GMS
1641
DELISTED
GMS Inc
GMS
| $1.47M | ﹤0.01% |
13,545
+5,662
| +72% | +$438K |
|
1642
Takeda Pharmaceutical
TAK
$56.3B
| $1.47M | ﹤0.01% |
95,107
+6,215
| +7% | +$91.8K |
|
1643
CALL
Kinder Morgan
KMI
$73.1B
| $1.47M | ﹤0.01% |
50,000
-96,000
| -66% | -$2.63M |
|
1644
iShares Future Exponential Technologies ETF
XT
$3.99B
| $1.46M | ﹤0.01% |
22,427
+30
| +0.1% | +$1.79K |
|
1645
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.08B
| $1.46M | ﹤0.01% |
17,141
+9,207
| +116% | +$756K |
|
1646
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $1.46M | ﹤0.01% |
66,999
+292
| +0.4% | +$6.26K |
|
1647
CALL
Rivian
RIVN
$22.2B
| $1.46M | ﹤0.01% |
106,100
-100,000
| -49% | -$1.36M |
|
1648
Mizuho Financial
MFG
$132B
| $1.45M | ﹤0.01% |
261,262
-13,515
| -5% | -$70.1K |
|
1649
Assured Guaranty
AGO
$3.38B
| $1.45M | ﹤0.01% |
16,660
+87
| +0.5% | +$7.41K |
|
1650
KFA Mount Lucas Managed Futures Index Strategy ETF
KMLM
$418M
| $1.45M | ﹤0.01% |
54,971
+986
| +2% | +$26K |
|
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.