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 | |
|---|---|---|---|---|---|---|---|
1626
Stride
LRN
$3.22B
| $1.85M | ﹤0.01% |
12,408
-6,199
| -33% | -$909K |
2013 Q2
49 quarters
|
|
1627
Mine Safety
MSA
$6.91B
| $1.84M | ﹤0.01% |
10,716
-694
| -6% | -$120K |
2013 Q2
49 quarters
|
|
1628
PUT
iShares Silver Trust
SLV
$29.6B
| $1.84M | ﹤0.01% |
+43,500
| New | +$1.56M |
2025 Q3
0 quarters
|
|
1629
Oshkosh
OSK
$8.08B
| $1.84M | ﹤0.01% |
14,189
-848
| -6% | -$113K |
2013 Q2
49 quarters
|
|
1630
POSCO
PKX
$17B
| $1.83M | ﹤0.01% |
37,175
-1,195
| -3% | -$64.4K |
2015 Q3
40 quarters
|
|
|
OBE
1631
Obsidian Energy
OBE
$697M
| $1.82M | ﹤0.01% |
279,114
+3,847
| +1% | +$22.9K |
2024 Q4
3 quarters
|
|
1632
Vanguard Consumer Staples ETF
VDC
$7.46B
| $1.81M | ﹤0.01% |
8,487
+7,277
| +601% | +$1.59M |
2013 Q2
49 quarters
|
|
1633
CALL
Imperial Oil
IMO
$60.2B
| $1.81M | ﹤0.01% |
+20,000
| New | +$1.73M |
2025 Q3
0 quarters
|
|
1634
Fiverr
FVRR
$308M
| $1.81M | ﹤0.01% |
74,263
+1,500
| +2% | +$36.8K |
2020 Q3
20 quarters
|
|
1635
CALL
Nutrien
NTR
$33.3B
| $1.81M | ﹤0.01% |
30,800
-140,200
| -82% | -$8.17M |
2025 Q1
2 quarters
|
|
1636
Blackstone Secured Lending
BXSL
$5.57B
| $1.8M | ﹤0.01% |
69,126
+6,894
| +11% | +$207K |
2023 Q1
10 quarters
|
|
1637
iShares ESG Aware MSCI EM ETF
ESGE
$6.92B
| $1.78M | ﹤0.01% |
41,067
+620
| +2% | +$25.3K |
2020 Q1
22 quarters
|
|
1638
Avnet
AVT
$8.39B
| $1.77M | ﹤0.01% |
33,947
-563
| -2% | -$30.3K |
2013 Q2
49 quarters
|
|
1639
Agree Realty
ADC
$8.09B
| $1.77M | ﹤0.01% |
24,895
-511
| -2% | -$37K |
2013 Q2
49 quarters
|
|
1640
PUT
Helmerich & Payne
HP
$3.82B
| $1.77M | ﹤0.01% |
+80,000
| New | +$1.47M |
2025 Q3
0 quarters
|
|
1641
RingCentral
RNG
$6.54B
| $1.76M | ﹤0.01% |
62,218
+693
| +1% | +$20.2K |
2015 Q3
40 quarters
|
|
1642
Greenfire Resources
GFR
$1.34B
| $1.76M | ﹤0.01% |
381,072
-520
| -0.1% | -$2.43K |
2025 Q2
1 quarter
|
|
1643
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.12B
| $1.76M | ﹤0.01% |
38,253
-549
| -1% | -$25.4K |
2013 Q2
49 quarters
|
|
1644
PUT
TFI International
TFII
$9.91B
| $1.75M | ﹤0.01% |
+19,900
| New | +$1.82M |
2025 Q3
0 quarters
|
|
1645
Hawkins
HWKN
$2.66B
| $1.74M | ﹤0.01% |
9,496
-3,362
| -26% | -$562K |
2022 Q4
11 quarters
|
|
1646
Toro Company
TTC
$9.26B
| $1.73M | ﹤0.01% |
22,748
-1,809
| -7% | -$139K |
2013 Q2
49 quarters
|
|
|
PRMB
1647
Primo Brands
PRMB
$6.9B
| $1.73M | ﹤0.01% |
+78,342
| New | +$2.03M |
2025 Q3
0 quarters
|
|
1648
NCR Voyix
VYX
$944M
| $1.73M | ﹤0.01% |
137,499
-10,646
| -7% | -$140K |
2013 Q2
49 quarters
|
|
1649
HNI Corp
HNI
$3.37B
| $1.73M | ﹤0.01% |
36,822
-4,208
| -10% | -$199K |
2013 Q2
49 quarters
|
|
1650
PUT
Norwegian Cruise Line
NCLH
$6.72B
| $1.72M | ﹤0.01% |
70,000
| – | – |
2025 Q1
2 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.