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 | |
|---|---|---|---|---|---|---|
1801
Mueller Water Products
MWA
$3.99B
| $1.06M | ﹤0.01% |
44,045
-678
| -2% | -$16.8K |
|
1802
iShares US Consumer Discretionary ETF
IYC
$1.22B
| $1.06M | ﹤0.01% |
10,598
+1,776
| +20% | +$165K |
|
1803
SouthState Bank Corp
SSB
$10.8B
| $1.05M | ﹤0.01% |
11,417
+8,329
| +270% | +$732K |
|
1804
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $1.05M | ﹤0.01% |
9,513
-467
| -5% | -$48.2K |
|
1805
Advance Auto Parts
AAP
$3.41B
| $1.05M | ﹤0.01% |
22,492
-9,316
| -29% | -$373K |
|
1806
Zai Lab
ZLAB
$2.91B
| $1.04M | ﹤0.01% |
29,782
+6,791
| +30% | +$223K |
|
1807
Maximus
MMS
$2.89B
| $1.04M | ﹤0.01% |
14,777
-793
| -5% | -$55.7K |
|
1808
Leggett & Platt
LEG
$1.32B
| $1.03M | ﹤0.01% |
115,775
+5,791
| +5% | +$49.9K |
|
1809
Simpson Manufacturing
SSD
$7.94B
| $1.03M | ﹤0.01% |
6,645
-242
| -4% | -$37.5K |
|
1810
Stepan Co
SCL
$1.48B
| $1.03M | ﹤0.01% |
18,885
+5,162
| +38% | +$273K |
|
1811
Upstart Holdings
UPST
$2.96B
| $1.03M | ﹤0.01% |
15,931
+3,697
| +30% | +$181K |
|
1812
CALL
Dick's Sporting Goods
DKS
$18.1B
| $1.03M | ﹤0.01% |
5,200
+2,000
| +63% | +$371K |
|
1813
United States Oil Fund
USO
$1.79B
| $1.03M | ﹤0.01% |
14,069
+4,283
| +44% | +$299K |
|
1814
Invesco Dividend Achievers ETF
PFM
$810M
| $1.03M | ﹤0.01% |
21,300
+345
| +2% | +$15.8K |
|
1815
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.59B
| $1.03M | ﹤0.01% |
31,512
-4,924
| -14% | -$158K |
|
1816
Lear
LEA
$8.32B
| $1.03M | ﹤0.01% |
10,798
-1,665
| -13% | -$146K |
|
1817
Vaxcyte
PCVX
$8.64B
| $1.03M | ﹤0.01% |
31,547
+1,274
| +4% | +$41.8K |
|
1818
Associated Banc-Corp
ASB
$6.11B
| $1.02M | ﹤0.01% |
41,943
-2,583
| -6% | -$58.2K |
|
1819
Brunswick
BC
$5.36B
| $1.02M | ﹤0.01% |
18,468
-9,479
| -34% | -$479K |
|
1820
Vanguard Extended Market ETF
VXF
$32.3B
| $1.02M | ﹤0.01% |
5,282
-817
| -13% | -$145K |
|
1821
Banco Santander
SAN
$211B
| $1.01M | ﹤0.01% |
122,244
+30,625
| +33% | +$228K |
|
1822
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$2.97B
| $1.01M | ﹤0.01% |
32,886
+104
| +0.3% | +$3.19K |
|
1823
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $1.01M | ﹤0.01% |
2,785
+344
| +14% | +$117K |
|
1824
Eagle Materials
EXP
$6.4B
| $1.01M | ﹤0.01% |
4,986
-58
| -1% | -$12.5K |
|
1825
Lithia Motors
LAD
$8.3B
| $1M | ﹤0.01% |
2,970
-304
| -9% | -$94K |
|
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.