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 | |
|---|---|---|---|---|---|---|---|
2076
First Bancorp
FBP
$4.07B
| $615K | ﹤0.01% |
29,529
+76
| +0.3% | +$1.5K |
2013 Q2
48 quarters
|
|
2077
CorVel
CRVL
$3.77B
| $615K | ﹤0.01% |
5,980
-73
| -1% | -$8.05K |
2023 Q1
9 quarters
|
|
|
GOP
2078
Subversive Congressional Republicans Trading ETF
GOP
$94.3M
| $614K | ﹤0.01% |
18,267
+1,986
| +12% | +$61.8K |
2024 Q1
5 quarters
|
|
2079
Birkenstock
BIRK
$5.44B
| $611K | ﹤0.01% |
12,421
-21,818
| -64% | -$1.12M |
2024 Q3
3 quarters
|
|
2080
Agilysys
AGYS
$2.83B
| $610K | ﹤0.01% |
5,325
-77
| -1% | -$6.95K |
2023 Q4
6 quarters
|
|
2081
Rush Enterprises Class A
RUSHA
$5.39B
| $610K | ﹤0.01% |
17,768
-1,503
| -8% | -$50.9K |
2023 Q1
9 quarters
|
|
2082
Garrett Motion
GTX
$4.9B
| $610K | ﹤0.01% |
58,021
+3,106
| +6% | +$31.3K |
2021 Q4
14 quarters
|
|
2083
Helen of Troy
HELE
$625M
| $609K | ﹤0.01% |
21,476
-24,005
| -53% | -$737K |
2013 Q2
48 quarters
|
|
2084
WD-40
WDFC
$2.72B
| $609K | ﹤0.01% |
2,672
+74
| +3% | +$17.4K |
2013 Q4
46 quarters
|
|
2085
BancFirst
BANF
$3.58B
| $609K | ﹤0.01% |
4,926
+134
| +3% | +$15.9K |
2020 Q2
20 quarters
|
|
2086
iShares MSCI Japan Value ETF
EWJV
$783M
| $609K | ﹤0.01% |
17,517
+11,600
| +196% | +$393K |
2023 Q3
7 quarters
|
|
2087
Plexus
PLXS
$7.2B
| $607K | ﹤0.01% |
4,488
+172
| +4% | +$22.1K |
2015 Q3
39 quarters
|
|
2088
Algoma Steel
ASTL
$434M
| $606K | ﹤0.01% |
87,657
-265,407
| -75% | -$1.48M |
2021 Q4
14 quarters
|
|
2089
AAR Corp
AIR
$4.02B
| $606K | ﹤0.01% |
8,807
+96
| +1% | +$5.76K |
2013 Q2
48 quarters
|
|
2090
Krystal Biotech
KRYS
$9.63B
| $606K | ﹤0.01% |
4,407
-11
| -0.2% | -$1.62K |
2024 Q2
4 quarters
|
|
2091
CALL
Baxter International
BAX
$12.2B
| $606K | ﹤0.01% |
+20,000
| New | +$606K |
2025 Q2
0 quarters
|
|
2092
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.9B
| $605K | ﹤0.01% |
24,947
+5,598
| +29% | +$135K |
2023 Q2
8 quarters
|
|
2093
Renasant Corp
RNST
$3.59B
| $603K | ﹤0.01% |
16,729
+885
| +6% | +$29.5K |
2023 Q4
6 quarters
|
|
2094
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.1B
| $603K | ﹤0.01% |
11,088
+1,600
| +17% | +$82.4K |
2025 Q1
1 quarter
|
|
2095
Dropbox
DBX
$7.41B
| $603K | ﹤0.01% |
21,080
-5,127
| -20% | -$145K |
2018 Q1
29 quarters
|
|
2096
iShares ESG Aware MSCI USA ETF
ESGU
$18B
| $602K | ﹤0.01% |
4,452
+127
| +3% | +$15.9K |
2020 Q1
21 quarters
|
|
2097
Innovator US Equity Power Buffer ETF September
PSEP
$1.15B
| $600K | ﹤0.01% |
14,670
| – | – |
2024 Q2
4 quarters
|
|
|
IAS
2098
DELISTED
Integral Ad Science
IAS
| $599K | ﹤0.01% |
72,138
+20,378
| +39% | +$155K |
2025 Q1
1 quarter
|
|
2099
Essent Group
ESNT
$5.29B
| $598K | ﹤0.01% |
9,842
-1,593
| -14% | -$91.8K |
2017 Q4
30 quarters
|
|
2100
PUT
ProShares UltraPro QQQ
TQQQ
$38.3B
| $598K | ﹤0.01% |
+14,400
| New | +$456K |
2025 Q2
0 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.