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 | |
|---|---|---|---|---|---|---|---|
1926
Post Holdings
POST
$3.3B
| $826K | ﹤0.01% |
7,579
-429
| -5% | -$48.1K |
2013 Q2
48 quarters
|
|
1927
Alkermes
ALKS
$6.8B
| $826K | ﹤0.01% |
28,856
+799
| +3% | +$23.8K |
2022 Q1
13 quarters
|
|
|
HTO
1928
H2O America
HTO
$2.52B
| $825K | ﹤0.01% |
15,884
-413
| -3% | -$22K |
2013 Q2
48 quarters
|
|
|
GRFS
1929
Grifois
GRFS
$4.97B
| $824K | ﹤0.01% |
91,183
+5,393
| +6% | +$42.1K |
2023 Q2
8 quarters
|
|
1930
Zurn Elkay Water Solutions
ZWS
$7.83B
| $824K | ﹤0.01% |
22,527
+511
| +2% | +$17.6K |
2024 Q3
3 quarters
|
|
1931
Redwire
RDW
$2.64B
| $824K | ﹤0.01% |
50,533
+1,354
| +3% | +$17.6K |
2025 Q1
1 quarter
|
|
1932
Saic
SAIC
$5.29B
| $822K | ﹤0.01% |
7,300
-548
| -7% | -$62.4K |
2013 Q4
46 quarters
|
|
1933
Insight Enterprises
NSIT
$4.73B
| $821K | ﹤0.01% |
5,947
+383
| +7% | +$51.6K |
2013 Q2
48 quarters
|
|
1934
Belden
BDC
$4.23B
| $821K | ﹤0.01% |
7,089
-723
| -9% | -$76K |
2013 Q2
48 quarters
|
|
1935
Liquidia Corp
LQDA
$2.51B
| $817K | ﹤0.01% |
65,587
-99
| -0.2% | -$1.47K |
2024 Q4
2 quarters
|
|
|
MPT
1936
Medical Properties Trust
MPT
$2.01B
| $815K | ﹤0.01% |
188,994
+2,780
| +1% | +$13.7K |
2013 Q2
48 quarters
|
|
1937
ESCO Technologies
ESE
$6.99B
| $814K | ﹤0.01% |
4,243
+248
| +6% | +$42.4K |
2022 Q4
10 quarters
|
|
1938
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.57B
| $812K | ﹤0.01% |
20,395
+2,973
| +17% | +$111K |
2023 Q2
8 quarters
|
|
1939
Skywest
SKYW
$3.79B
| $812K | ﹤0.01% |
7,882
-1,237
| -14% | -$118K |
2023 Q2
8 quarters
|
|
1940
CALL
FuboTV Inc
FUBO
$268M
| $811K | ﹤0.01% |
17,500
| – | – |
2025 Q1
1 quarter
|
|
1941
TTM Technologies
TTMI
$13.3B
| $810K | ﹤0.01% |
19,847
+3,042
| +18% | +$84.1K |
2024 Q4
2 quarters
|
|
1942
Phillips Edison & Co
PECO
$4.82B
| $806K | ﹤0.01% |
23,011
-105,935
| -82% | -$3.75M |
2023 Q1
9 quarters
|
|
1943
Valvoline
VVV
$3.93B
| $805K | ﹤0.01% |
21,266
-1,334
| -6% | -$46.6K |
2016 Q4
34 quarters
|
|
1944
Universal Technical Institute
UTI
$1.05B
| $804K | ﹤0.01% |
23,733
-147
| -0.6% | -$4.61K |
2023 Q1
9 quarters
|
|
1945
Aaon
AAON
$6.78B
| $804K | ﹤0.01% |
10,896
+1,483
| +16% | +$130K |
2013 Q2
48 quarters
|
|
1946
Asbury Automotive
ABG
$3.2B
| $800K | ﹤0.01% |
3,355
-24
| -0.7% | -$5.49K |
2015 Q4
38 quarters
|
|
1947
Unity
U
$19.2B
| $800K | ﹤0.01% |
33,068
-250,786
| -88% | -$5.52M |
2020 Q3
19 quarters
|
|
1948
Pegasystems
PEGA
$5.66B
| $794K | ﹤0.01% |
14,663
+7,429
| +103% | +$337K |
2024 Q1
5 quarters
|
|
1949
iShares 10-20 Year Treasury Bond ETF
TLH
$10.4B
| $791K | ﹤0.01% |
7,783
+298
| +4% | +$29.9K |
2013 Q4
46 quarters
|
|
1950
CarGurus
CARG
$2.65B
| $790K | ﹤0.01% |
23,614
-9
| -0% | -$271 |
2023 Q1
9 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.