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 |
Broadcom
AVGO
|
+$745M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$632M |
| 3 |
SPDR Gold Trust
GLD
|
+$518M |
| 4 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$453M |
| 5 |
Lumentum
LITE
|
+$406M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$1.38B |
| 2 |
TC Energy
TRP
|
+$1.13B |
| 3 |
NVIDIA
NVDA
|
+$1.1B |
| 4 |
Micron Technology
MU
|
+$551M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$420M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.46% |
| 2 | Miscellaneous | 21.39% |
| 3 | Technology | 18.81% |
| 4 | Communication Services | 7.08% |
| 5 | Industrials | 6.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Mondelez International
MDLZ
$73.8B
| $234M | 0.08% |
4,047,275
+194,848
| +5% | +$11.7M |
|
202
PUT
Tesla
TSLA
$1.4T
| $233M | 0.08% |
553,700
-572,200
| -51% | -$228M |
|
203
State Street Technology Select Sector SPDR ETF
XLK
$127B
| $231M | 0.08% |
1,213,135
+84,242
| +7% | +$14.4M |
|
204
Fortinet
FTNT
$131B
| $231M | 0.08% |
1,502,272
-41,529
| -3% | -$4.8M |
|
205
Quanta Services
PWR
$96.6B
| $228M | 0.08% |
316,590
+24,982
| +9% | +$17.1M |
|
206
Brookfield Infrastructure
BIPC
$4.38B
| $227M | 0.07% |
5,887,517
+95,416
| +2% | +$3.85M |
|
|
207
CALL
SPDR Gold Trust
GLD
$141B
| $226M | 0.07% |
+614,700
| New | +$255M |
|
208
Vanguard Morningstar Small-Cap ETF
VB
$76.8B
| $226M | 0.07% |
745,936
+12,932
| +2% | +$3.71M |
|
209
State Street Energy Select Sector SPDR ETF
XLE
$39.8B
| $226M | 0.07% |
4,252,768
-1,325,135
| -24% | -$75.8M |
|
210
Hudbay
HBM
$11.8B
| $222M | 0.07% |
9,390,386
+1,318,151
| +16% | +$33.3M |
|
211
Truist Financial
TFC
$56.6B
| $221M | 0.07% |
4,442,893
-77,895
| -2% | -$3.83M |
|
212
Wabtec
WAB
$48.5B
| $221M | 0.07% |
820,726
-456
| -0.1% | -$121K |
|
213
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $221M | 0.07% |
3,097,927
-1,621,956
| -34% | -$113M |
|
214
iShares Russell Mid-Cap ETF
IWR
$54.8B
| $219M | 0.07% |
1,984,789
+17,913
| +0.9% | +$1.88M |
|
215
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$43.8B
| $218M | 0.07% |
2,528,100
+478,900
| +23% | +$41.1M |
|
216
Capital One
COF
$118B
| $218M | 0.07% |
1,088,879
+388,408
| +55% | +$74.3M |
|
217
Analog Devices
ADI
$192B
| $218M | 0.07% |
549,174
+110,063
| +25% | +$43.6M |
|
218
CALL
Apple
AAPL
$4.86T
| $218M | 0.07% |
752,300
+158,000
| +27% | +$45.2M |
|
219
Danaher
DHR
$156B
| $217M | 0.07% |
1,139,966
+198,932
| +21% | +$36.1M |
|
220
Duke Energy
DUK
$88.9B
| $216M | 0.07% |
1,705,120
+207,386
| +14% | +$26.2M |
|
221
Primerica
PRI
$8.38B
| $213M | 0.07% |
750,249
-507,149
| -40% | -$139M |
|
222
iShares Russell 2500 ETF
SMMD
$4.03B
| $213M | 0.07% |
2,323,554
+593,339
| +34% | +$51M |
|
223
Equitable Holdings
EQH
$14B
| $212M | 0.07% |
4,841,762
-63,713
| -1% | -$2.66M |
|
224
Vertex Pharmaceuticals
VRTX
$133B
| $212M | 0.07% |
427,448
+36,972
| +9% | +$16.4M |
|
225
GSK
GSK
$96.5B
| $212M | 0.07% |
4,042,863
-596,936
| -13% | -$31.6M |
|
Similar funds
Bank of Montreal's Q2 2026 Portfolio in Review
As of Q2 2026, Bank of Montreal held 4,121 positions worth $304B, up 13% from $269B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Bank of Montreal's Q2 2026 filing shows 400 new, 1,804 increased, 1,089 reduced and 290 closed positions. Its largest new stake was SPDR Gold Trust: 1,251,197 shares worth $461M. The largest sale was Toronto Dominion Bank, an estimated $1.38B.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 22% a quarter earlier, followed by Miscellaneous and Technology.
- Bank of Montreal's largest Q2 2026 buy was SPDR Gold Trust: 1,251,197 shares worth $461M.
- Bank of Montreal added most to Broadcom in Q2 2026, an estimated $745M increase.
- Bank of Montreal's biggest Q2 2026 reduction was Toronto Dominion Bank, cutting an estimated $1.38B.
- Bank of Montreal fully exited ZOOZ Strategy Ltd in Q2 2026, selling an estimated $222M.
- Bank of Montreal's ten largest holdings make up 23% of its $304B portfolio in Q2 2026.
- Bank of Montreal opened 400 new positions and closed 290 in Q2 2026.
- Bank of Montreal's portfolio value rose 13% quarter-over-quarter to $304B.
Based on Bank of Montreal's 13F filing for Q2 2026, filed 12 Aug 2026.