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 | |
|---|---|---|---|---|---|---|---|
1876
Vail Resorts
MTN
$4.95B
| $1.04M | ﹤0.01% |
6,930
+823
| +13% | +$128K |
2013 Q2
49 quarters
|
|
|
TPC
1877
Tutor Perini Cor
TPC
$4.38B
| $1.03M | ﹤0.01% |
15,743
| – | – |
2024 Q1
6 quarters
|
|
1878
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$35.7B
| $1.03M | ﹤0.01% |
18,616
-19,003
| -51% | -$1.02M |
2022 Q1
14 quarters
|
|
1879
Range Resources
RRC
$8.79B
| $1.03M | ﹤0.01% |
27,304
+487
| +2% | +$17.4K |
2013 Q2
49 quarters
|
|
1880
Maplebear
CART
$10.5B
| $1.02M | ﹤0.01% |
27,839
-10,353
| -27% | -$477K |
2023 Q4
7 quarters
|
|
1881
Ollie's Bargain Outlet
OLLI
$5.22B
| $1.02M | ﹤0.01% |
7,966
-716
| -8% | -$95K |
2015 Q3
40 quarters
|
|
1882
Simpson Manufacturing
SSD
$7.07B
| $1.02M | ﹤0.01% |
6,088
-557
| -8% | -$99.7K |
2013 Q2
49 quarters
|
|
1883
Lloyds Banking Group
LYG
$77.9B
| $1.01M | ﹤0.01% |
222,098
+113,263
| +104% | +$495K |
2013 Q2
49 quarters
|
|
1884
Huazhu Hotels Group
HTHT
$13.3B
| $1.01M | ﹤0.01% |
25,714
+4,569
| +22% | +$160K |
2023 Q3
8 quarters
|
|
1885
ASP Isotopes
ASPI
$414M
| $1M | ﹤0.01% |
104,372
+77,372
| +287% | +$713K |
2024 Q4
3 quarters
|
|
1886
ARK 21Shares Bitcoin ETF
ARKB
$3.23B
| $1M | ﹤0.01% |
26,400
+10,450
| +66% | +$398K |
2024 Q2
5 quarters
|
|
1887
Casella Waste Systems
CWST
$4.97B
| $1M | ﹤0.01% |
10,575
+3,025
| +40% | +$305K |
2024 Q3
4 quarters
|
|
1888
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.09B
| $1M | ﹤0.01% |
32,480
-406
| -1% | -$12.5K |
2017 Q2
33 quarters
|
|
1889
CALL
Ovintiv
OVV
$16.6B
| $997K | ﹤0.01% |
24,700
| – | – |
2024 Q4
3 quarters
|
|
1890
Vanguard S&P 500 Value ETF
VOOV
$6.55B
| $996K | ﹤0.01% |
4,991
-1,764
| -26% | -$342K |
2020 Q2
21 quarters
|
|
1891
Core & Main
CNM
$7.63B
| $995K | ﹤0.01% |
18,482
+174
| +1% | +$10.5K |
2023 Q4
7 quarters
|
|
1892
Virtu Financial
VIRT
$4.91B
| $990K | ﹤0.01% |
27,890
-10,827
| -28% | -$445K |
2024 Q1
6 quarters
|
|
1893
United Natural Foods
UNFI
$2.7B
| $984K | ﹤0.01% |
26,163
-5,053
| -16% | -$139K |
2013 Q2
49 quarters
|
|
1894
Franklin Electric
FELE
$4.27B
| $983K | ﹤0.01% |
10,329
-2,690
| -21% | -$254K |
2013 Q2
49 quarters
|
|
1895
Grayscale Bitcoin Trust
GBTC
$12.7B
| $983K | ﹤0.01% |
10,950
+301
| +3% | +$27.1K |
2024 Q1
6 quarters
|
|
1896
Gates Industrial Corp
GTES
$6.71B
| $981K | ﹤0.01% |
39,534
-27,471
| -41% | -$682K |
2021 Q4
15 quarters
|
|
1897
SolarEdge
SEDG
$1.9B
| $980K | ﹤0.01% |
26,491
-146
| -0.5% | -$4.36K |
2017 Q4
31 quarters
|
|
1898
CALL
Warrior Met Coal
HCC
$4.7B
| $980K | ﹤0.01% |
+15,400
| New | +$880K |
2025 Q3
0 quarters
|
|
1899
WisdomTree Europe Quality Dividend Growth Fund
EUDG
$64.9M
| $978K | ﹤0.01% |
27,789
+492
| +2% | +$17.1K |
2020 Q1
22 quarters
|
|
|
NB
1900
NioCorp Developments
NB
$500M
| $978K | ﹤0.01% |
146,470
+128,515
| +716% | +$542K |
2023 Q4
7 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.