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
|
+$3.4B |
| 2 |
NVIDIA
NVDA
|
+$1.13B |
| 3 |
Canadian Imperial Bank of Commerce
CM
|
+$716M |
| 4 |
TC Energy
TRP
|
+$583M |
| 5 |
Toronto Dominion Bank
TD
|
+$508M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$903M |
| 2 |
Strategy Inc
MSTR
|
+$808M |
| 3 |
Apple
AAPL
|
+$752M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$544M |
| 5 |
Broadcom
AVGO
|
+$537M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.21% |
| 2 | Technology | 17.58% |
| 3 | Communication Services | 7.36% |
| 4 | Industrials | 6.65% |
| 5 | Energy | 6.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Dell
DELL
$313B
| $35M | 0.02% |
383,865
-290,075
| -43% | -$30.7M |
|
527
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.72B
| $34.5M | 0.02% |
450,177
-12,095
| -3% | -$955K |
|
528
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.36B
| $34.5M | 0.02% |
1,302,929
+124,747
| +11% | +$3.32M |
|
529
Nasdaq
NDAQ
$53.5B
| $34.3M | 0.02% |
451,830
-127,310
| -22% | -$10M |
|
530
PUT
iShares MSCI Canada ETF
EWC
$6.51B
| $34.1M | 0.02% |
+837,500
| New | +$34.4M |
|
531
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $34M | 0.02% |
777,641
+764,697
| +5,908% | +$32.8M |
|
532
Alexandria Real Estate Equities
ARE
$8.27B
| $34M | 0.02% |
367,201
-16,357
| -4% | -$1.6M |
|
533
Hershey
HSY
$37B
| $34M | 0.02% |
198,574
-38,854
| -16% | -$6.36M |
|
534
Charter Communications
CHTR
$17.9B
| $34M | 0.02% |
92,154
-36,175
| -28% | -$12.9M |
|
|
NOA
535
North American Construction
NOA
$414M
| $33.8M | 0.02% |
2,145,991
+100,765
| +5% | +$1.86M |
|
536
MarketAxess Holdings
MKTX
$5.72B
| $33.8M | 0.02% |
156,315
+108,298
| +226% | +$22.7M |
|
537
Trade Desk
TTD
$6.34B
| $33.2M | 0.02% |
606,880
+53,114
| +10% | +$4.81M |
|
538
Vulcan Materials
VMC
$36.3B
| $33.2M | 0.02% |
142,186
-20,983
| -13% | -$5.33M |
|
539
Digital Realty Trust
DLR
$72.9B
| $33.1M | 0.02% |
231,235
-95,389
| -29% | -$15.5M |
|
|
CTRA
540
DELISTED
Coterra Energy
CTRA
| $32.9M | 0.02% |
1,140,095
-120,418
| -10% | -$3.36M |
|
541
Ingersoll Rand
IR
$32.9B
| $32.9M | 0.02% |
410,598
-86,580
| -17% | -$7.54M |
|
542
Waters Corp
WAT
$40.9B
| $32.8M | 0.02% |
89,032
-11,958
| -12% | -$4.63M |
|
543
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12B
| $32.7M | 0.02% |
282,490
+9,515
| +3% | +$1.11M |
|
544
Ferguson
FERG
$47.4B
| $32.6M | 0.02% |
203,148
+62,182
| +44% | +$10.8M |
|
545
CALL
Canadian Natural Resources
CNQ
$98.1B
| $32.5M | 0.02% |
1,056,300
+156,300
| +17% | +$4.74M |
|
546
Cardinal Health
CAH
$54.5B
| $32.2M | 0.02% |
233,492
+4,453
| +2% | +$568K |
|
547
Dimensional US Large Cap Value ETF
DFLV
$6.99B
| $32M | 0.02% |
1,045,415
+86,071
| +9% | +$2.66M |
|
548
Wabtec
WAB
$49.9B
| $31.8M | 0.02% |
175,280
+5,741
| +3% | +$1.1M |
|
|
EXE
549
Expand Energy Corp
EXE
$22.3B
| $31.6M | 0.02% |
284,038
+113,429
| +66% | +$11.8M |
|
550
Agilent Technologies
A
$41.9B
| $31.6M | 0.02% |
269,875
-24,540
| -8% | -$3.31M |
|
Similar funds
Bank of Montreal's Q1 2025 Portfolio in Review
As of Q1 2025, Bank of Montreal held 3,807 positions worth $206B, down 4.1% from $215B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal's Q1 2025 filing shows 371 new, 1,337 increased, 1,320 reduced and 348 closed positions. Its largest new stake was Brookfield Infrastructure: 4,146,901 shares worth $150M. The largest sale was Microsoft, an estimated $903M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, up from 21% a quarter earlier, followed by Technology and Communication Services.
- Bank of Montreal's largest Q1 2025 buy was Brookfield Infrastructure: 4,146,901 shares worth $150M.
- Bank of Montreal added most to iShares Core S&P 500 ETF in Q1 2025, an estimated $3.4B increase.
- Bank of Montreal's biggest Q1 2025 reduction was Microsoft, cutting an estimated $903M.
- Bank of Montreal fully exited SilverCrest Metals Inc. Common Shares in Q1 2025, selling an estimated $7.92M.
- Bank of Montreal's ten largest holdings make up 26% of its $206B portfolio in Q1 2025.
- Bank of Montreal opened 371 new positions and closed 348 in Q1 2025.
- Bank of Montreal's portfolio value fell 4.1% quarter-over-quarter to $206B.
Based on Bank of Montreal's 13F filing for Q1 2025, filed 13 May 2025.