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 | |
|---|---|---|---|---|---|---|---|
1801
KE Holdings
BEKE
$18.3B
| $1.22M | ﹤0.01% |
64,066
+32
| +0% | +$600 |
2022 Q2
13 quarters
|
|
1802
MGE Energy Inc
MGEE
$2.65B
| $1.21M | ﹤0.01% |
14,426
-3,463
| -19% | -$296K |
2023 Q2
9 quarters
|
|
1803
Vanguard Extended Market ETF
VXF
$30.3B
| $1.21M | ﹤0.01% |
5,765
+483
| +9% | +$97.7K |
2019 Q3
24 quarters
|
|
1804
iShares US Telecommunications ETF
IYZ
$1.08B
| $1.21M | ﹤0.01% |
37,389
-8,750
| -19% | -$269K |
2013 Q2
49 quarters
|
|
1805
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.9B
| $1.21M | ﹤0.01% |
13,558
-1,049
| -7% | -$91K |
2021 Q2
17 quarters
|
|
|
TMHC
1806
DELISTED
Taylor Morrison
TMHC
| $1.21M | ﹤0.01% |
18,266
+712
| +4% | +$46.9K |
2015 Q4
39 quarters
|
|
1807
Knight Transportation
KNX
$10.6B
| $1.2M | ﹤0.01% |
30,437
-1,813
| -6% | -$78.5K |
2017 Q3
32 quarters
|
|
1808
CALL
CRH
CRH
$54.4B
| $1.2M | ﹤0.01% |
+10,000
| New | +$1.06M |
2025 Q3
0 quarters
|
|
1809
Howard Hughes
HHH
$4.3B
| $1.2M | ﹤0.01% |
+14,567
| New | +$1.08M |
2025 Q3
0 quarters
|
|
1810
Vanguard Long-Term Treasury ETF
VGLT
$9.98B
| $1.2M | ﹤0.01% |
21,051
-17,764
| -46% | -$990K |
2019 Q4
23 quarters
|
|
1811
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.7B
| $1.2M | ﹤0.01% |
27,973
+1,320
| +5% | +$54.7K |
2023 Q3
8 quarters
|
|
1812
BlackRock Flexible Income ETF
BINC
$16.3B
| $1.2M | ﹤0.01% |
22,465
-1,773
| -7% | -$93.8K |
2025 Q1
2 quarters
|
|
1813
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.83B
| $1.2M | ﹤0.01% |
34,404
+2,892
| +9% | +$98.4K |
2023 Q4
7 quarters
|
|
1814
Dimensional US Targeted Value ETF
DFAT
$13.8B
| $1.19M | ﹤0.01% |
20,486
-823
| -4% | -$46.9K |
2021 Q2
17 quarters
|
|
1815
Voya Financial
VOYA
$8.64B
| $1.19M | ﹤0.01% |
15,920
-9,204
| -37% | -$678K |
2013 Q2
49 quarters
|
|
1816
Federal Agricultural Mortgage Class A
AGM.A
| $1.19M | ﹤0.01% |
9,600
| – | – |
2023 Q1
10 quarters
|
|
1817
FTI Consulting
FCN
$3.91B
| $1.19M | ﹤0.01% |
7,363
-1,458
| -17% | -$242K |
2013 Q2
49 quarters
|
|
1818
Texas Roadhouse
TXRH
$10.3B
| $1.18M | ﹤0.01% |
7,113
-1,132
| -14% | -$199K |
2013 Q2
49 quarters
|
|
1819
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.3B
| $1.18M | ﹤0.01% |
8,577
+341
| +4% | +$45.6K |
2021 Q1
18 quarters
|
|
1820
Disc Medicine
IRON
$2.44B
| $1.18M | ﹤0.01% |
17,785
+6,797
| +62% | +$404K |
2025 Q1
2 quarters
|
|
1821
AutoNation
AN
$5.45B
| $1.17M | ﹤0.01% |
5,367
-11
| -0.2% | -$2.32K |
2013 Q2
49 quarters
|
|
1822
Schwab Emerging Markets Equity ETF
SCHE
$12.7B
| $1.17M | ﹤0.01% |
35,012
-9,273
| -21% | -$292K |
2013 Q2
49 quarters
|
|
1823
Apple Hospitality REIT
APLE
$3.86B
| $1.16M | ﹤0.01% |
96,987
-16,670
| -15% | -$206K |
2023 Q3
8 quarters
|
|
1824
Grupo Aeroportuario Centro Norte
OMAB
$4.55B
| $1.16M | ﹤0.01% |
11,194
-1,305
| -10% | -$140K |
2016 Q2
37 quarters
|
|
|
TIC
1825
TIC Solutions Inc
TIC
$1.81B
| $1.16M | ﹤0.01% |
+87,220
| New | +$995K |
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.