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 | |
|---|---|---|---|---|---|---|---|
1851
APi Group
APG
$17.3B
| $1.09M | ﹤0.01% |
31,817
-3,775
| -11% | -$132K |
2025 Q2
1 quarter
|
|
1852
Columbia Banking Systems
COLB
$8.13B
| $1.09M | ﹤0.01% |
42,429
+2,436
| +6% | +$61.9K |
2013 Q2
49 quarters
|
|
|
CADE
1853
DELISTED
Cadence Bank
CADE
| $1.09M | ﹤0.01% |
29,076
-5,629
| -16% | -$203K |
2013 Q2
49 quarters
|
|
1854
National Fuel Gas
NFG
$7.25B
| $1.09M | ﹤0.01% |
11,815
-1,021
| -8% | -$89K |
2013 Q2
49 quarters
|
|
1855
Planet Fitness
PLNT
$3.16B
| $1.09M | ﹤0.01% |
10,508
-2,441
| -19% | -$259K |
2017 Q4
31 quarters
|
|
1856
Alaska Air
ALK
$4.41B
| $1.09M | ﹤0.01% |
21,871
-3,947
| -15% | -$219K |
2013 Q2
49 quarters
|
|
1857
Schwab Fundamental International Large Company Index ETF
FNDF
$25.3B
| $1.09M | ﹤0.01% |
25,322
+2,205
| +10% | +$91.7K |
2020 Q4
19 quarters
|
|
1858
iShares US Consumer Discretionary ETF
IYC
$1.17B
| $1.09M | ﹤0.01% |
10,366
-232
| -2% | -$23.8K |
2013 Q2
49 quarters
|
|
1859
Zai Lab
ZLAB
$2.86B
| $1.09M | ﹤0.01% |
32,039
+2,257
| +8% | +$77.7K |
2018 Q3
28 quarters
|
|
|
CHYM
1860
PUT
Chime Financial
CHYM
$10.2B
| $1.09M | ﹤0.01% |
53,800
| – | – |
2025 Q2
1 quarter
|
|
1861
Camping World
CWH
$320M
| $1.08M | ﹤0.01% |
68,412
+4,823
| +8% | +$82.6K |
2024 Q3
4 quarters
|
|
1862
Kyndryl
KD
$2.64B
| $1.08M | ﹤0.01% |
35,929
-4,268
| -11% | -$147K |
2021 Q4
15 quarters
|
|
1863
CALL
ARK Innovation ETF
ARKK
$9.57B
| $1.08M | ﹤0.01% |
+12,500
| New | +$956K |
2025 Q3
0 quarters
|
|
1864
AGNC Investment
AGNC
$10.6B
| $1.08M | ﹤0.01% |
110,163
+37,555
| +52% | +$364K |
2016 Q4
35 quarters
|
|
1865
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$6.18B
| $1.08M | ﹤0.01% |
24,121
+14,116
| +141% | +$593K |
2015 Q2
41 quarters
|
|
1866
Vanguard Materials ETF
VAW
$2.82B
| $1.07M | ﹤0.01% |
5,247
+3,172
| +153% | +$644K |
2020 Q2
21 quarters
|
|
1867
First American
FAF
$6.28B
| $1.07M | ﹤0.01% |
16,695
-1,762
| -10% | -$111K |
2013 Q2
49 quarters
|
|
1868
IMAX
IMAX
$2.88B
| $1.07M | ﹤0.01% |
32,603
-7,300
| -18% | -$207K |
2025 Q2
1 quarter
|
|
|
QDVO
1869
Amplify CWP Growth & Income ETF
QDVO
$767M
| $1.06M | ﹤0.01% |
36,601
+2,835
| +8% | +$80.7K |
2025 Q2
1 quarter
|
|
1870
Donnelley Financial Solutions
DFIN
$1.17B
| $1.06M | ﹤0.01% |
20,659
-2,301
| -10% | -$131K |
2023 Q2
9 quarters
|
|
1871
United States Oil Fund
USO
$2.01B
| $1.06M | ﹤0.01% |
14,359
+290
| +2% | +$21.8K |
2021 Q3
16 quarters
|
|
1872
Ryder
R
$8.86B
| $1.06M | ﹤0.01% |
5,601
-490
| -8% | -$88.4K |
2013 Q2
49 quarters
|
|
1873
Hamilton Lane
HLNE
$4.89B
| $1.05M | ﹤0.01% |
7,798
+190
| +2% | +$28.7K |
2024 Q3
4 quarters
|
|
1874
Brunswick
BC
$4.16B
| $1.05M | ﹤0.01% |
16,570
-1,898
| -10% | -$118K |
2013 Q2
49 quarters
|
|
1875
PUT
Interactive Brokers
IBKR
$38.9B
| $1.04M | ﹤0.01% |
15,100
+12,300
| +439% | +$774K |
2025 Q2
1 quarter
|
|
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.