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 |
EMA
Emera Inc
EMA
|
+$742M |
| 2 |
Canadian Natural Resources
CNQ
|
+$507M |
| 3 |
Amazon
AMZN
|
+$445M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$418M |
| 5 |
Strategy Inc
MSTR
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.72B |
| 2 |
NVIDIA
NVDA
|
+$1.19B |
| 3 |
Toronto Dominion Bank
TD
|
+$1.03B |
| 4 |
Canadian Imperial Bank of Commerce
CM
|
+$886M |
| 5 |
Mastercard
MA
|
+$775M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.07% |
| 2 | Technology | 20.31% |
| 3 | Miscellaneous | 17.95% |
| 4 | Communication Services | 8.37% |
| 5 | Industrials | 6.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1876
Saia
SAIA
$9.16B
| $907K | ﹤0.01% |
3,309
-234
| -7% | -$66.7K |
2014 Q1
45 quarters
|
|
1877
Moog Inc Class A
MOG.A
$12.4B
| $906K | ﹤0.01% |
5,008
+158
| +3% | +$27.7K |
2013 Q2
48 quarters
|
|
1878
Churchill Downs
CHDN
$5.21B
| $904K | ﹤0.01% |
8,951
-781
| -8% | -$76.4K |
2015 Q3
39 quarters
|
|
1879
Kforce
KFRC
$968M
| $904K | ﹤0.01% |
21,976
+87
| +0.4% | +$3.65K |
2022 Q4
10 quarters
|
|
1880
Grayscale Bitcoin Trust
GBTC
$12.7B
| $903K | ﹤0.01% |
10,649
-228
| -2% | -$17.7K |
2024 Q1
5 quarters
|
|
1881
Knife River
KNF
$2.87B
| $903K | ﹤0.01% |
11,062
-632
| -5% | -$57.5K |
2023 Q2
8 quarters
|
|
1882
First Trust Senior Loan Fund ETF
FTSL
$2.43B
| $901K | ﹤0.01% |
19,638
+278
| +1% | +$12.7K |
2014 Q4
42 quarters
|
|
1883
Leonardo DRS
DRS
$9.81B
| $899K | ﹤0.01% |
19,340
+546
| +3% | +$21.9K |
2022 Q4
10 quarters
|
|
1884
CNO Financial Group
CNO
$4.91B
| $899K | ﹤0.01% |
23,377
-1,150
| -5% | -$43.8K |
2013 Q2
48 quarters
|
|
1885
Boot Barn
BOOT
$3.66B
| $897K | ﹤0.01% |
5,899
-585
| -9% | -$77.6K |
2023 Q1
9 quarters
|
|
1886
Rambus
RMBS
$11.6B
| $896K | ﹤0.01% |
13,998
-1,695
| -11% | -$90.8K |
2013 Q2
48 quarters
|
|
|
ECG
1887
Everus Construction Group
ECG
$6.11B
| $894K | ﹤0.01% |
14,079
+563
| +4% | +$28.5K |
2024 Q4
2 quarters
|
|
1888
iShares Floating Rate Bond ETF
FLOT
$11B
| $894K | ﹤0.01% |
17,526
-4,057
| -19% | -$206K |
2013 Q2
48 quarters
|
|
1889
Interparfums
IPAR
$3.58B
| $894K | ﹤0.01% |
6,808
+57
| +0.8% | +$6.97K |
2013 Q2
48 quarters
|
|
1890
Palomar
PLMR
$3.31B
| $889K | ﹤0.01% |
5,766
+98
| +2% | +$15.2K |
2024 Q1
5 quarters
|
|
1891
UMB Financial
UMBF
$9.87B
| $887K | ﹤0.01% |
8,435
-578
| -6% | -$57.6K |
2013 Q2
48 quarters
|
|
1892
ZIM Integrated Shipping Services
ZIM
$3.59B
| $884K | ﹤0.01% |
54,963
-292
| -0.5% | -$4.6K |
2022 Q2
12 quarters
|
|
1893
NIO
NIO
$8.52B
| $881K | ﹤0.01% |
256,916
+14,231
| +6% | +$53K |
2022 Q1
13 quarters
|
|
1894
GXO Logistics
GXO
$5.27B
| $880K | ﹤0.01% |
18,074
-2,458
| -12% | -$97.9K |
2021 Q3
15 quarters
|
|
1895
Kadant
KAI
$3.11B
| $878K | ﹤0.01% |
2,767
-204
| -7% | -$63.9K |
2020 Q2
20 quarters
|
|
1896
Jasper Therapeutics
JSPR
$19.9M
| $878K | ﹤0.01% |
158,133
+86,393
| +120% | +$425K |
2025 Q1
1 quarter
|
|
1897
Bruker
BRKR
$9.44B
| $876K | ﹤0.01% |
21,262
+894
| +4% | +$34.5K |
2013 Q2
48 quarters
|
|
1898
Arcosa
ACA
$7.19B
| $876K | ﹤0.01% |
10,100
-64
| -0.6% | -$5.35K |
2019 Q1
25 quarters
|
|
|
OKLO
1899
Oklo
OKLO
$6.72B
| $875K | ﹤0.01% |
15,628
-130
| -0.8% | -$5.01K |
2024 Q4
2 quarters
|
|
1900
Casella Waste Systems
CWST
$4.97B
| $871K | ﹤0.01% |
7,550
+1,575
| +26% | +$182K |
2024 Q3
3 quarters
|
|
Similar funds
Bank of Montreal's Q2 2025 Portfolio in Review
As of Q2 2025, Bank of Montreal held 3,808 positions worth $213B, up 3.6% from $206B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Bank of Montreal withdrew a net $12.5B in Q2 2025, closing 312 positions and reducing 1,471 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $594M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 23% a quarter earlier, followed by Technology and Miscellaneous.
Against the trend, Bank of Montreal opened a new position in Emera Inc worth $758M.
- Bank of Montreal's largest Q2 2025 buy was Emera Inc: 16,537,422 shares worth $758M.
- Bank of Montreal added most to Canadian Natural Resources in Q2 2025, an estimated $507M increase.
- Bank of Montreal's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.72B.
- Bank of Montreal fully exited Invesco QQQ Trust in Q2 2025, selling an estimated $594M.
- Bank of Montreal's ten largest holdings make up 27% of its $213B portfolio in Q2 2025.
- Bank of Montreal opened 341 new positions and closed 312 in Q2 2025.
- Bank of Montreal's portfolio value rose 3.6% quarter-over-quarter to $213B.
Based on Bank of Montreal's 13F filing for Q2 2025, filed 5 Aug 2025.