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 | |
|---|---|---|---|---|---|---|---|
|
ISPO
1951
DELISTED
Inspirato
ISPO
| $856K | ﹤0.01% |
289,099
+81,555
| +39% | +$248K |
2025 Q2
1 quarter
|
|
1952
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
TLTW
$1.71B
| $855K | ﹤0.01% |
36,568
+33,028
| +933% | +$756K |
2023 Q4
7 quarters
|
|
1953
Marathon Digital Holdings
MARA
$4.33B
| $852K | ﹤0.01% |
46,676
-34,120
| -42% | -$575K |
2023 Q2
9 quarters
|
|
1954
Viper Energy
VNOM
$7.91B
| $850K | ﹤0.01% |
22,249
+7,718
| +53% | +$294K |
2023 Q2
9 quarters
|
|
|
PR
1955
Permian Resources
PR
$18.4B
| $850K | ﹤0.01% |
66,393
-2,038
| -3% | -$27.9K |
2023 Q2
9 quarters
|
|
1956
Compass Minerals
CMP
$916M
| $848K | ﹤0.01% |
44,164
-20,376
| -32% | -$405K |
2013 Q2
49 quarters
|
|
1957
TMC The Metals Company
TMC
$1.66B
| $838K | ﹤0.01% |
+131,542
| New | +$789K |
2025 Q3
0 quarters
|
|
1958
Procore
PCOR
$7.85B
| $835K | ﹤0.01% |
11,445
-693
| -6% | -$48.4K |
2024 Q4
3 quarters
|
|
1959
Haemonetics
HAE
$4.75B
| $832K | ﹤0.01% |
17,075
+10,395
| +156% | +$643K |
2013 Q2
49 quarters
|
|
1960
GXO Logistics
GXO
$5.27B
| $832K | ﹤0.01% |
15,730
-2,344
| -13% | -$121K |
2021 Q3
16 quarters
|
|
1961
AppFolio
APPF
$7.23B
| $829K | ﹤0.01% |
3,009
-201
| -6% | -$54.3K |
2023 Q4
7 quarters
|
|
|
AUGO
1962
Aura Minerals Inc
AUGO
$6.61B
| $829K | ﹤0.01% |
+22,281
| New | +$640K |
2025 Q3
0 quarters
|
|
1963
Chord Energy
CHRD
$7.49B
| $828K | ﹤0.01% |
8,332
-310
| -4% | -$32.6K |
2023 Q1
10 quarters
|
|
1964
Lantheus
LNTH
$6.51B
| $827K | ﹤0.01% |
16,118
+5,644
| +54% | +$353K |
2017 Q2
33 quarters
|
|
1965
Amplify Cybersecurity ETF
HACK
$3.31B
| $826K | ﹤0.01% |
9,513
-135
| -1% | -$11.5K |
2015 Q2
41 quarters
|
|
1966
Landstar System
LSTR
$5.77B
| $825K | ﹤0.01% |
6,734
-1,280
| -16% | -$170K |
2013 Q2
49 quarters
|
|
1967
Onto Innovation
ONTO
$15.5B
| $825K | ﹤0.01% |
6,385
+16
| +0.3% | +$1.71K |
2016 Q2
37 quarters
|
|
1968
PVH
PVH
$3.5B
| $819K | ﹤0.01% |
9,773
+655
| +7% | +$51.4K |
2013 Q2
49 quarters
|
|
1969
Northern Trust Quality Dividend ETF
QDF
$2.19B
| $815K | ﹤0.01% |
10,270
| – | – |
2021 Q3
16 quarters
|
|
1970
Vanguard US Value Factor ETF
VFVA
$900M
| $814K | ﹤0.01% |
6,384
+182
| +3% | +$22.6K |
2024 Q3
4 quarters
|
|
1971
Fidelity Wise Origin Bitcoin Fund
FBTC
$15.7B
| $814K | ﹤0.01% |
8,151
-65,741
| -89% | -$6.57M |
2024 Q1
6 quarters
|
|
1972
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.8B
| $811K | ﹤0.01% |
8,862
+476
| +6% | +$42.8K |
2023 Q2
9 quarters
|
|
1973
Lithia Motors
LAD
$6.73B
| $811K | ﹤0.01% |
2,567
-403
| -14% | -$130K |
2013 Q2
49 quarters
|
|
1974
Boyd Gaming
BYD
$4.8B
| $811K | ﹤0.01% |
9,383
+2,170
| +30% | +$182K |
2013 Q2
49 quarters
|
|
1975
Macy's
M
$5.94B
| $811K | ﹤0.01% |
45,222
-61,941
| -58% | -$877K |
2013 Q2
49 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.