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 | |
|---|---|---|---|---|---|---|
2201
Brady Corp
BRC
$4.44B
| $498K | ﹤0.01% |
7,323
-56
| -0.8% | -$3.9K |
|
2202
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$723M
| $497K | ﹤0.01% |
12,310
-8,150
| -40% | -$316K |
|
2203
CALL
Eldorado Gold
EGO
$10.4B
| $497K | ﹤0.01% |
24,400
-40,600
| -62% | -$790K |
|
2204
Independent Bank
INDB
$4.07B
| $497K | ﹤0.01% |
7,899
+12
| +0.2% | +$729 |
|
2205
O-I Glass
OI
$1.04B
| $495K | ﹤0.01% |
33,577
-833
| -2% | -$10.7K |
|
2206
CVB Financial
CVBF
$4.09B
| $495K | ﹤0.01% |
24,997
-149
| -0.6% | -$2.77K |
|
2207
Unitil
UTL
$995M
| $493K | ﹤0.01% |
9,451
-140
| -1% | -$7.76K |
|
2208
Iridium Communications
IRDM
$5.32B
| $492K | ﹤0.01% |
16,322
-6,152
| -27% | -$160K |
|
2209
Universal Corp
UVV
$1.11B
| $492K | ﹤0.01% |
8,450
+827
| +11% | +$47.6K |
|
2210
Terex
TEX
$7.76B
| $492K | ﹤0.01% |
10,529
-660
| -6% | -$27.6K |
|
2211
First Trust Enhanced Short Maturity ETF
FTSM
$6.54B
| $491K | ﹤0.01% |
8,209
+4,279
| +109% | +$256K |
|
2212
Enova International
ENVA
$6.61B
| $491K | ﹤0.01% |
4,401
+44
| +1% | +$4.2K |
|
2213
PUT
Rocket Companies
RKT
$41.8B
| $491K | ﹤0.01% |
34,600
-127,800
| -79% | -$1.66M |
|
2214
Minerals Technologies
MTX
$2.27B
| $485K | ﹤0.01% |
8,814
+287
| +3% | +$16.2K |
|
2215
VanEck IG Floating Rate ETF
FLTR
$3.04B
| $485K | ﹤0.01% |
19,017
+17
| +0.1% | +$431 |
|
2216
State Street SPDR Dow Jones International Real Estate ETF
RWX
$266M
| $485K | ﹤0.01% |
17,695
+7,050
| +66% | +$184K |
|
|
CON
2217
Concentra Group Holdings
CON
$4.52B
| $485K | ﹤0.01% |
23,566
+426
| +2% | +$9.1K |
|
2218
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.03B
| $483K | ﹤0.01% |
14,944
-781
| -5% | -$24.6K |
|
|
PCH
2219
DELISTED
PotlatchDeltic
PCH
| $483K | ﹤0.01% |
12,586
+2,099
| +20% | +$82.4K |
|
2220
Invesco Water Resources ETF
PHO
$2.05B
| $483K | ﹤0.01% |
6,907
-183
| -3% | -$12.1K |
|
2221
iShares iBonds Dec 2029 Term Corporate ETF
IBDU
$4.07B
| $483K | ﹤0.01% |
20,719
+121
| +0.6% | +$2.79K |
|
2222
California Resources
CRC
$4.73B
| $482K | ﹤0.01% |
10,561
+29
| +0.3% | +$1.19K |
|
2223
iShares Morningstar Mid-Cap Growth ETF
IMCG
$4.17B
| $482K | ﹤0.01% |
6,006
-1,650
| -22% | -$123K |
|
2224
LGI Homes
LGIH
$1.39B
| $481K | ﹤0.01% |
9,343
+5,914
| +172% | +$324K |
|
2225
Par Pacific Holdings
PARR
$4.02B
| $481K | ﹤0.01% |
18,142
-147
| -0.8% | -$2.8K |
|
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.