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 | |
|---|---|---|---|---|---|---|---|
1951
StoneX
SNEX
$7.89B
| $787K | ﹤0.01% |
19,440
+288
| +2% | +$10.8K |
2022 Q3
11 quarters
|
|
1952
Choice Hotels
CHH
$4.6B
| $783K | ﹤0.01% |
6,172
-66
| -1% | -$8.34K |
2014 Q4
42 quarters
|
|
1953
Boise Cascade
BCC
$2.61B
| $783K | ﹤0.01% |
9,017
-297
| -3% | -$26.9K |
2013 Q2
48 quarters
|
|
1954
CALL
Lamb Weston
LW
$5.66B
| $778K | ﹤0.01% |
15,000
| – | – |
2025 Q1
1 quarter
|
|
|
CNL
1955
Collective Mining Ltd
CNL
$1.12B
| $777K | ﹤0.01% |
70,950
+2,000
| +3% | +$20.3K |
2024 Q3
3 quarters
|
|
1956
White Mountains Insurance
WTM
$4.8B
| $776K | ﹤0.01% |
432
+16
| +4% | +$28.5K |
2013 Q2
48 quarters
|
|
1957
National Vision
EYE
$1.3B
| $775K | ﹤0.01% |
33,670
+21,712
| +182% | +$370K |
2025 Q1
1 quarter
|
|
1958
Cogent Communications
CCOI
$422M
| $770K | ﹤0.01% |
15,966
-446
| -3% | -$22.6K |
2013 Q2
48 quarters
|
|
1959
ADMA Biologics
ADMA
$2.22B
| $770K | ﹤0.01% |
42,269
+6,466
| +18% | +$132K |
2024 Q2
4 quarters
|
|
1960
iShares US Consumer Staples ETF
IYK
$1.37B
| $769K | ﹤0.01% |
10,917
+167
| +2% | +$11.8K |
2013 Q2
48 quarters
|
|
1961
St. Joe Company
JOE
$3.71B
| $769K | ﹤0.01% |
16,128
+171
| +1% | +$7.65K |
2022 Q4
10 quarters
|
|
1962
Qualys
QLYS
$6.48B
| $764K | ﹤0.01% |
5,348
+281
| +6% | +$37.2K |
2015 Q4
38 quarters
|
|
1963
Integer Holdings
ITGR
$4.3B
| $759K | ﹤0.01% |
6,175
-121
| -2% | -$14.4K |
2016 Q3
35 quarters
|
|
1964
Global X S&P 500 Covered Call ETF
XYLD
$3.39B
| $756K | ﹤0.01% |
19,417
+750
| +4% | +$28.8K |
2022 Q2
12 quarters
|
|
1965
iShares Broad USD High Yield Corporate Bond ETF
USHY
$26.6B
| $755K | ﹤0.01% |
20,126
+4,384
| +28% | +$161K |
2021 Q4
14 quarters
|
|
1966
Moelis & Co
MC
$4.22B
| $753K | ﹤0.01% |
12,088
+741
| +7% | +$41.6K |
2023 Q2
8 quarters
|
|
1967
Petrobras
PBR
$135B
| $753K | ﹤0.01% |
60,163
-918
| -2% | -$11K |
2021 Q1
17 quarters
|
|
1968
Northern Trust Quality Dividend ETF
QDF
$2.19B
| $752K | ﹤0.01% |
10,270
-265
| -3% | -$18.1K |
2021 Q3
15 quarters
|
|
1969
Invesco FTSE RAFI US 1000 ETF
PRF
$9.8B
| $750K | ﹤0.01% |
17,746
+1,353
| +8% | +$54.1K |
2013 Q2
48 quarters
|
|
1970
Prestige Consumer Healthcare
PBH
$2.12B
| $747K | ﹤0.01% |
9,351
+182
| +2% | +$15.2K |
2013 Q2
48 quarters
|
|
|
AAT
1971
American Assets Trust
AAT
$1.31B
| $745K | ﹤0.01% |
37,743
-7,954
| -17% | -$155K |
2024 Q2
4 quarters
|
|
1972
PUT
Redwire
RDW
$2.64B
| $743K | ﹤0.01% |
45,600
| – | – |
2025 Q1
1 quarter
|
|
1973
JPMorgan BetaBuilders Japan ETF
BBJP
$19.6B
| $742K | ﹤0.01% |
12,011
-1,422
| -11% | -$82.9K |
2023 Q3
7 quarters
|
|
1974
Enpro
NPO
$6.69B
| $742K | ﹤0.01% |
3,872
+117
| +3% | +$20K |
2022 Q3
11 quarters
|
|
1975
MYR Group
MYRG
$4.64B
| $742K | ﹤0.01% |
4,087
+56
| +1% | +$8.23K |
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.