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 | Miscellaneous | 18.41% |
| 4 | Communication Services | 7.63% |
| 5 | Consumer Discretionary | 6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
TEF
1451
DELISTED
Telefonica
TEF
| $2.82M | ﹤0.01% |
555,562
-79,176
| -12% | -$421K |
2013 Q2
49 quarters
|
|
1452
CALL
Equinox Gold
EQX
$12.6B
| $2.81M | ﹤0.01% |
250,000
+150,000
| +150% | +$1.19M |
2025 Q2
1 quarter
|
|
1453
Natera
NTRA
$58.9B
| $2.8M | ﹤0.01% |
17,371
-2,340
| -12% | -$370K |
2019 Q2
25 quarters
|
|
1454
H&R Block
HRB
$5.18B
| $2.79M | ﹤0.01% |
55,225
-92,696
| -63% | -$4.9M |
2013 Q2
49 quarters
|
|
|
PR
1455
CALL
Permian Resources
PR
$18.4B
| $2.79M | ﹤0.01% |
+218,000
| New | +$2.99M |
2025 Q3
0 quarters
|
|
1456
Assured Guaranty
AGO
$3B
| $2.78M | ﹤0.01% |
32,838
+16,178
| +97% | +$1.34M |
2013 Q2
49 quarters
|
|
1457
Whirlpool
WHR
$1.99B
| $2.78M | ﹤0.01% |
35,351
+8,020
| +29% | +$736K |
2013 Q2
49 quarters
|
|
1458
Schwab US Broad Market ETF
SCHB
$44.4B
| $2.78M | ﹤0.01% |
107,947
+897
| +0.8% | +$22.2K |
2013 Q2
49 quarters
|
|
1459
PUT
Lyft
LYFT
$5.76B
| $2.76M | ﹤0.01% |
+125,200
| New | +$2.1M |
2025 Q3
0 quarters
|
|
1460
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$56.3B
| $2.74M | ﹤0.01% |
26,229
+3,022
| +13% | +$301K |
2020 Q3
20 quarters
|
|
1461
Spectrum Brands
SPB
$1.83B
| $2.73M | ﹤0.01% |
51,995
-3,135
| -6% | -$174K |
2024 Q1
6 quarters
|
|
1462
RPM International
RPM
$12.7B
| $2.73M | ﹤0.01% |
23,140
-487
| -2% | -$58.4K |
2013 Q2
49 quarters
|
|
|
ONC
1463
BeOne Medicines Ltd
ONC
$40.6B
| $2.71M | ﹤0.01% |
7,950
-31
| -0.4% | -$9.41K |
2016 Q2
37 quarters
|
|
1464
US Foods
USFD
$20.3B
| $2.69M | ﹤0.01% |
35,148
-2,049
| -6% | -$163K |
2022 Q4
11 quarters
|
|
1465
Abercrombie & Fitch
ANF
$5.79B
| $2.68M | ﹤0.01% |
31,314
+4,755
| +18% | +$444K |
2013 Q2
49 quarters
|
|
1466
Nice
NICE
$6.83B
| $2.67M | ﹤0.01% |
18,449
+5,235
| +40% | +$785K |
2021 Q4
15 quarters
|
|
1467
Kite Realty
KRG
$4.9B
| $2.67M | ﹤0.01% |
119,692
+15,242
| +15% | +$340K |
2013 Q2
49 quarters
|
|
1468
CALL
Robinhood
HOOD
$99.9B
| $2.66M | ﹤0.01% |
+18,600
| New | +$2.03M |
2025 Q3
0 quarters
|
|
1469
Astera Labs
ALAB
$61.8B
| $2.64M | ﹤0.01% |
13,493
+616
| +5% | +$101K |
2025 Q1
2 quarters
|
|
1470
ProShares Ultra QQQ
QLD
$15.1B
| $2.63M | ﹤0.01% |
38,384
| – | – |
2021 Q2
17 quarters
|
|
1471
Franklin FTSE Canada ETF
FLCA
$810M
| $2.62M | ﹤0.01% |
57,667
+1,044
| +2% | +$45K |
2023 Q4
7 quarters
|
|
1472
Morningstar
MORN
$7.17B
| $2.62M | ﹤0.01% |
11,282
-41,060
| -78% | -$10.9M |
2013 Q2
49 quarters
|
|
|
DVAX
1473
DELISTED
Dynavax Technologies
DVAX
| $2.61M | ﹤0.01% |
262,486
+13,283
| +5% | +$138K |
2020 Q2
21 quarters
|
|
1474
Federal Agricultural Mortgage
AGM
$2.27B
| $2.6M | ﹤0.01% |
15,490
-125
| -0.8% | -$23.4K |
2023 Q1
10 quarters
|
|
1475
CALL
Humana
HUM
$45.6B
| $2.6M | ﹤0.01% |
+10,000
| New | +$2.63M |
2025 Q3
0 quarters
|
|
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 $10.7B 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 Miscellaneous.
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.