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 | |
|---|---|---|---|---|---|---|---|
2226
AZZ Inc
AZZ
$4.07B
| $466K | ﹤0.01% |
4,274
-3,093
| -42% | -$343K |
2013 Q2
49 quarters
|
|
|
ALE
2227
DELISTED
Allete
ALE
| $466K | ﹤0.01% |
7,021
-1,036
| -13% | -$67.3K |
2013 Q2
49 quarters
|
|
2228
PIMCO Multi Sector Bond Active ETF
PYLD
$15.7B
| $466K | ﹤0.01% |
17,345
+4,195
| +32% | +$111K |
2024 Q2
5 quarters
|
|
2229
JPMorgan Income ETF
JPIE
$10.8B
| $463K | ﹤0.01% |
9,974
+1,756
| +21% | +$81.3K |
2023 Q4
7 quarters
|
|
2230
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$100M
| $461K | ﹤0.01% |
9,393
-325
| -3% | -$15.8K |
2024 Q4
3 quarters
|
|
|
CIVI
2231
DELISTED
Civitas Resources
CIVI
| $460K | ﹤0.01% |
14,166
+2,526
| +22% | +$80.8K |
2019 Q2
25 quarters
|
|
2232
iShares MSCI Mexico ETF
EWW
$1.49B
| $460K | ﹤0.01% |
6,749
+5,245
| +349% | +$327K |
2025 Q2
1 quarter
|
|
2233
First Financial Bankshares
FFIN
$4.55B
| $460K | ﹤0.01% |
13,663
-1,578
| -10% | -$56.7K |
2013 Q2
49 quarters
|
|
2234
Transocean
RIG
$5.85B
| $459K | ﹤0.01% |
147,076
-12,271
| -8% | -$37K |
2022 Q1
14 quarters
|
|
2235
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$7.43B
| $458K | ﹤0.01% |
15,619
-49
| -0.3% | -$1.43K |
2021 Q2
17 quarters
|
|
2236
Dimensional US Core Equity Market ETF
DFAU
$12.8B
| $456K | ﹤0.01% |
9,968
+6,775
| +212% | +$298K |
2022 Q3
12 quarters
|
|
2237
Valley National Bancorp
VLY
$7B
| $456K | ﹤0.01% |
43,022
-5,281
| -11% | -$52.8K |
2013 Q2
49 quarters
|
|
2238
Pacer Trendpilot US Large Cap ETF
PTLC
$3.33B
| $454K | ﹤0.01% |
8,297
| – | – |
2021 Q2
17 quarters
|
|
2239
Amkor Technology
AMKR
$13.1B
| $451K | ﹤0.01% |
15,891
+5
| +0% | +$120 |
2014 Q1
46 quarters
|
|
2240
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$731M
| $450K | ﹤0.01% |
10,931
-1,379
| -11% | -$56.1K |
2021 Q2
17 quarters
|
|
2241
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$128M
| $449K | ﹤0.01% |
+14,933
| New | +$403K |
2025 Q3
0 quarters
|
|
2242
ACI Worldwide
ACIW
$5.02B
| $449K | ﹤0.01% |
8,502
-10,447
| -55% | -$494K |
2013 Q2
49 quarters
|
|
2243
Champion Homes
SKY
$4.75B
| $447K | ﹤0.01% |
5,854
-4,469
| -43% | -$316K |
2023 Q1
10 quarters
|
|
2244
Crane NXT
CXT
$2.77B
| $445K | ﹤0.01% |
6,641
-626
| -9% | -$37.3K |
2013 Q2
49 quarters
|
|
|
BDN
2245
Brandywine Realty Trust
BDN
$479M
| $443K | ﹤0.01% |
106,333
-10,483
| -9% | -$44.1K |
2014 Q3
44 quarters
|
|
2246
Ubiquiti
UI
$36.9B
| $442K | ﹤0.01% |
669
-407
| -38% | -$203K |
2024 Q2
5 quarters
|
|
2247
Home BancShares
HOMB
$5.71B
| $442K | ﹤0.01% |
15,614
-3,122
| -17% | -$90.7K |
2013 Q2
49 quarters
|
|
|
CCC
2248
CCC Intelligent Solutions
CCC
$3.9B
| $440K | ﹤0.01% |
48,332
+2,765
| +6% | +$26.7K |
2023 Q4
7 quarters
|
|
2249
Par Pacific Holdings
PARR
$4.32B
| $440K | ﹤0.01% |
12,430
-5,712
| -31% | -$186K |
2018 Q1
30 quarters
|
|
2250
First Trust Cloud Computing ETF
SKYY
$3.41B
| $438K | ﹤0.01% |
3,260
-221
| -6% | -$27.8K |
2017 Q1
34 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.