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 | |
|---|---|---|---|---|---|---|---|
2076
WisdomTree International Quality Dividend Growth Fund
IQDG
$679M
| $648K | ﹤0.01% |
16,260
+4,214
| +35% | +$165K |
2024 Q1
6 quarters
|
|
|
ARI
2077
Apollo Commercial Real Estate
ARI
$807M
| $648K | ﹤0.01% |
63,965
-6,155
| -9% | -$62.7K |
2013 Q2
49 quarters
|
|
2078
Saic
SAIC
$5.29B
| $647K | ﹤0.01% |
6,516
-784
| -11% | -$87.6K |
2013 Q4
47 quarters
|
|
2079
Subversive Congressional Democrats Trading ETF
NANC
$297M
| $645K | ﹤0.01% |
14,401
-1,982
| -12% | -$85.5K |
2024 Q1
6 quarters
|
|
|
SW
2080
CALL
Smurfit Westrock
SW
$22.6B
| $643K | ﹤0.01% |
+15,100
| New | +$683K |
2025 Q3
0 quarters
|
|
2081
Kanzhun
BZ
$6.55B
| $642K | ﹤0.01% |
27,468
+12,370
| +82% | +$265K |
2024 Q3
4 quarters
|
|
2082
Jackson Financial
JXN
$8.77B
| $641K | ﹤0.01% |
6,329
-6,528
| -51% | -$610K |
2023 Q3
8 quarters
|
|
2083
iMGP DBi Managed Futures Strategy ETF
DBMF
$4.41B
| $640K | ﹤0.01% |
23,428
+1,104
| +5% | +$28.9K |
2024 Q3
4 quarters
|
|
|
PRSU
2084
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $640K | ﹤0.01% |
17,684
-1,920
| -10% | -$65K |
2025 Q1
2 quarters
|
|
2085
Schwab Fundamental US Small Company Index ETF
FNDA
$8.66B
| $639K | ﹤0.01% |
20,495
-103
| -0.5% | -$3.13K |
2020 Q4
19 quarters
|
|
2086
RLI Corp
RLI
$5.16B
| $638K | ﹤0.01% |
9,786
-53
| -0.5% | -$3.58K |
2013 Q2
49 quarters
|
|
2087
PUT
UiPath
PATH
$6.94B
| $638K | ﹤0.01% |
47,700
+6,700
| +16% | +$79.2K |
2024 Q4
3 quarters
|
|
|
HTO
2088
H2O America
HTO
$2.52B
| $636K | ﹤0.01% |
13,056
-2,828
| -18% | -$141K |
2013 Q2
49 quarters
|
|
2089
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.1B
| $635K | ﹤0.01% |
11,110
+22
| +0.2% | +$1.24K |
2025 Q1
2 quarters
|
|
2090
iShares Core S&P US Value ETF
IUSV
$27B
| $634K | ﹤0.01% |
6,342
+1,479
| +30% | +$144K |
2021 Q1
18 quarters
|
|
|
OGI
2091
Organigram Holdings
OGI
$142M
| $633K | ﹤0.01% |
312,464
+750
| +0.2% | +$1.18K |
2019 Q2
25 quarters
|
|
2092
Installed Building Products
IBP
$5.12B
| $633K | ﹤0.01% |
2,565
-2,987
| -54% | -$709K |
2016 Q2
37 quarters
|
|
2093
H.B. Fuller
FUL
$2.7B
| $625K | ﹤0.01% |
10,545
-4,850
| -32% | -$291K |
2013 Q2
49 quarters
|
|
2094
Brinker International
EAT
$8.14B
| $624K | ﹤0.01% |
4,927
-5,830
| -54% | -$910K |
2023 Q4
7 quarters
|
|
|
EFOR
2095
Everforth Inc
EFOR
$1.48B
| $620K | ﹤0.01% |
13,104
+75
| +0.6% | +$3.83K |
2018 Q2
29 quarters
|
|
|
VSXY
2096
Victoria's Secret
VSXY
$7.06B
| $617K | ﹤0.01% |
22,735
-5,531
| -20% | -$124K |
2021 Q3
16 quarters
|
|
2097
GraniteShares 2x Long AMD Daily ETF
AMDL
$1.22B
| $617K | ﹤0.01% |
+59,700
| New | +$636K |
2025 Q3
0 quarters
|
|
|
2098
PUT
GraniteShares 2x Long AMD Daily ETF
AMDL
$1.22B
| $617K | ﹤0.01% |
+59,700
| New | +$636K |
2025 Q3
0 quarters
|
|
2099
America Movil
AMX
$62B
| $614K | ﹤0.01% |
29,223
+7,697
| +36% | +$147K |
2023 Q2
9 quarters
|
|
2100
Interface
TILE
$1.99B
| $614K | ﹤0.01% |
21,205
-4,665
| -18% | -$118K |
2023 Q2
9 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.