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 | |
|---|---|---|---|---|---|---|---|
1676
Takeda Pharmaceutical
TAK
$57.1B
| $1.61M | ﹤0.01% |
109,680
+14,573
| +15% | +$216K |
2019 Q1
26 quarters
|
|
1677
International Money Express
IMXI
$347M
| $1.6M | ﹤0.01% |
+114,724
| New | +$1.42M |
2025 Q3
0 quarters
|
|
1678
CALL
Dick's Sporting Goods
DKS
$13.1B
| $1.6M | ﹤0.01% |
7,200
+2,000
| +38% | +$435K |
2022 Q4
11 quarters
|
|
1679
Tower Semiconductor
TSEM
$27.3B
| $1.6M | ﹤0.01% |
+22,115
| New | +$1.21M |
2025 Q3
0 quarters
|
|
1680
Sprott Uranium Miners ETF
URNM
$1.81B
| $1.6M | ﹤0.01% |
26,447
-5,571
| -17% | -$280K |
2022 Q3
12 quarters
|
|
1681
PUT
Snap
SNAP
$9.56B
| $1.6M | ﹤0.01% |
+207,100
| New | +$1.72M |
2025 Q3
0 quarters
|
|
1682
PUT
NCR Voyix
VYX
$944M
| $1.6M | ﹤0.01% |
127,200
| – | – |
2025 Q2
1 quarter
|
|
1683
HEICO Corp
HEI
$42.8B
| $1.6M | ﹤0.01% |
4,944
+3,227
| +188% | +$1.03M |
2015 Q1
42 quarters
|
|
1684
iShares Future Exponential Technologies ETF
XT
$4B
| $1.59M | ﹤0.01% |
22,057
-370
| -2% | -$25K |
2017 Q3
32 quarters
|
|
1685
Mizuho Financial
MFG
$130B
| $1.58M | ﹤0.01% |
236,109
-25,153
| -10% | -$157K |
2013 Q2
49 quarters
|
|
1686
iShares MSCI UAE ETF
UAE
$310M
| $1.58M | ﹤0.01% |
83,388
+25,125
| +43% | +$491K |
2025 Q2
1 quarter
|
|
1687
Wingstop
WING
$2.84B
| $1.57M | ﹤0.01% |
6,255
-356
| -5% | -$111K |
2016 Q4
35 quarters
|
|
1688
Ryan Specialty Holdings
RYAN
$4.69B
| $1.57M | ﹤0.01% |
27,880
+5,725
| +26% | +$339K |
2023 Q1
10 quarters
|
|
1689
CALL
Canadian Pacific Kansas City
CP
$74.3B
| $1.57M | ﹤0.01% |
21,100
-23,100
| -52% | -$1.76M |
2025 Q2
1 quarter
|
|
1690
PUT
Cardinal Health
CAH
$53.3B
| $1.57M | ﹤0.01% |
+10,000
| New | +$1.54M |
2025 Q3
0 quarters
|
|
1691
Dillards
DDS
$10.1B
| $1.57M | ﹤0.01% |
2,553
-155
| -6% | -$80.1K |
2013 Q2
49 quarters
|
|
1692
Nuveen Floating Rate Income Fund
JFR
$1.2B
| $1.57M | ﹤0.01% |
191,695
| – | – |
2023 Q3
8 quarters
|
|
1693
CALL
Patterson-UTI
PTEN
$4.31B
| $1.55M | ﹤0.01% |
+300,000
| New | +$1.72M |
2025 Q3
0 quarters
|
|
1694
ZTO Express
ZTO
$14.6B
| $1.55M | ﹤0.01% |
80,885
-3,809
| -4% | -$72.9K |
2023 Q3
8 quarters
|
|
|
PCGG
1695
DELISTED
Polen Capital Global Growth ETF
PCGG
| $1.55M | ﹤0.01% |
125,792
-7,842
| -6% | -$95.6K |
2024 Q1
6 quarters
|
|
|
GREK
1696
Global X MSCI Greece ETF
GREK
$338M
| $1.54M | ﹤0.01% |
23,922
+4,861
| +26% | +$307K |
2025 Q1
2 quarters
|
|
1697
RBC Bearings
RBC
$16.1B
| $1.53M | ﹤0.01% |
3,930
+556
| +16% | +$216K |
2023 Q1
10 quarters
|
|
1698
Badger Meter
BMI
$3.72B
| $1.53M | ﹤0.01% |
8,589
-3,729
| -30% | -$734K |
2013 Q2
49 quarters
|
|
|
PGRE
1699
DELISTED
Paramount Group
PGRE
| $1.53M | ﹤0.01% |
234,453
-89
| -0% | -$592 |
2023 Q1
10 quarters
|
|
1700
Associated Banc-Corp
ASB
$5.42B
| $1.53M | ﹤0.01% |
59,598
+17,655
| +42% | +$453K |
2013 Q2
49 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.