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
|
+$3.4B |
| 2 |
NVIDIA
NVDA
|
+$1.13B |
| 3 |
Canadian Imperial Bank of Commerce
CM
|
+$716M |
| 4 |
TC Energy
TRP
|
+$583M |
| 5 |
Toronto Dominion Bank
TD
|
+$508M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$903M |
| 2 |
Strategy Inc
MSTR
|
+$808M |
| 3 |
Apple
AAPL
|
+$752M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$544M |
| 5 |
Broadcom
AVGO
|
+$537M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.21% |
| 2 | Technology | 17.58% |
| 3 | Communication Services | 7.36% |
| 4 | Industrials | 6.65% |
| 5 | Energy | 6.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
ConocoPhillips
COP
$153B
| $166M | 0.08% |
1,577,309
-262,449
| -14% | -$26.2M |
|
177
Teck Resources
TECK
$32.4B
| $165M | 0.08% |
4,521,552
-398,357
| -8% | -$16.5M |
|
178
Nike
NKE
$60.1B
| $164M | 0.08% |
2,589,376
+90,810
| +4% | +$6.68M |
|
179
AstraZeneca
AZN
$246B
| $164M | 0.08% |
1,117,546
+604,400
| +118% | +$87.4M |
|
180
iShares Core US Aggregate Bond ETF
AGG
$138B
| $163M | 0.08% |
1,652,157
+184,404
| +13% | +$18M |
|
181
Chubb
CB
$132B
| $162M | 0.08% |
537,305
-86,460
| -14% | -$24M |
|
182
West Fraser Timber
WFG
$5.5B
| $161M | 0.08% |
2,096,439
-54,324
| -3% | -$4.47M |
|
183
Bristol-Myers Squibb
BMY
$130B
| $161M | 0.08% |
2,637,467
-349,103
| -12% | -$20.3M |
|
184
Descartes Systems
DSGX
$6.65B
| $161M | 0.08% |
1,596,295
+74,098
| +5% | +$8.19M |
|
185
Vanguard Dividend Appreciation ETF
VIG
$115B
| $160M | 0.08% |
823,026
-1,965
| -0.2% | -$391K |
|
186
Fortinet
FTNT
$118B
| $159M | 0.08% |
1,656,285
-211,274
| -11% | -$21.4M |
|
187
Altria Group
MO
$107B
| $158M | 0.08% |
2,637,592
-124,955
| -5% | -$6.82M |
|
188
Duke Energy
DUK
$96.3B
| $156M | 0.08% |
1,277,398
-242,964
| -16% | -$27.7M |
|
189
Kinross Gold
KGC
$32.6B
| $155M | 0.08% |
12,301,611
-7,183,887
| -37% | -$80.6M |
|
190
Middleby
MIDD
$5.38B
| $155M | 0.08% |
1,019,190
+172,511
| +20% | +$27.1M |
|
191
lululemon athletica
LULU
$13.7B
| $152M | 0.07% |
537,912
-41,528
| -7% | -$15.2M |
|
192
Intercontinental Exchange
ICE
$85B
| $152M | 0.07% |
879,775
-14,173
| -2% | -$2.32M |
|
193
Vanguard Morningstar Small-Cap ETF
VB
$83B
| $150M | 0.07% |
676,784
+12,917
| +2% | +$3.08M |
|
194
Brookfield Infrastructure
BIPC
$4.93B
| $150M | 0.07% |
+4,146,901
| New | +$163M |
|
195
CALL
iShares Russell 2000 ETF
IWM
$82.2B
| $150M | 0.07% |
750,000
+350,000
| +88% | +$75.9M |
|
196
Cigna
CI
$73.3B
| $149M | 0.07% |
453,970
-59,392
| -12% | -$17.9M |
|
|
197
CALL
Apple
AAPL
$4.41T
| $149M | 0.07% |
671,000
-2,821,400
| -81% | -$654M |
|
198
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $149M | 0.07% |
3,398,774
+782,001
| +30% | +$34M |
|
199
Aon
AON
$74.7B
| $148M | 0.07% |
370,191
+6,708
| +2% | +$2.57M |
|
|
SCHW
200
Charles Schwab
SCHW
$189B
| $148M | 0.07% |
1,885,171
-151,692
| -7% | -$11.9M |
|
Similar funds
Bank of Montreal's Q1 2025 Portfolio in Review
As of Q1 2025, Bank of Montreal held 3,807 positions worth $206B, down 4.1% from $215B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Bank of Montreal's Q1 2025 filing shows 371 new, 1,337 increased, 1,320 reduced and 348 closed positions. Its largest new stake was Brookfield Infrastructure: 4,146,901 shares worth $150M. The largest sale was Microsoft, an estimated $903M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, up from 21% a quarter earlier, followed by Technology and Communication Services.
- Bank of Montreal's largest Q1 2025 buy was Brookfield Infrastructure: 4,146,901 shares worth $150M.
- Bank of Montreal added most to iShares Core S&P 500 ETF in Q1 2025, an estimated $3.4B increase.
- Bank of Montreal's biggest Q1 2025 reduction was Microsoft, cutting an estimated $903M.
- Bank of Montreal fully exited SilverCrest Metals Inc. Common Shares in Q1 2025, selling an estimated $7.92M.
- Bank of Montreal's ten largest holdings make up 26% of its $206B portfolio in Q1 2025.
- Bank of Montreal opened 371 new positions and closed 348 in Q1 2025.
- Bank of Montreal's portfolio value fell 4.1% quarter-over-quarter to $206B.
Based on Bank of Montreal's 13F filing for Q1 2025, filed 13 May 2025.