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 | |
|---|---|---|---|---|---|---|---|
2251
iShares Core S&P US Value ETF
IUSV
$27B
| $460K | ﹤0.01% |
4,863
+1,204
| +33% | +$109K |
2021 Q1
17 quarters
|
|
2252
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$7.43B
| $459K | ﹤0.01% |
15,668
-394
| -2% | -$11.5K |
2021 Q2
16 quarters
|
|
|
ECHO
2253
EchoStar
ECHO
$25.7B
| $456K | ﹤0.01% |
16,455
-3,772
| -19% | -$82.9K |
2023 Q4
6 quarters
|
|
2254
Northern Trust iBoxx 3-Year Target Duration TIPS ETF
TDTT
$2.5B
| $455K | ﹤0.01% |
18,765
+2,719
| +17% | +$65.6K |
2024 Q4
2 quarters
|
|
2255
QuidelOrtho
QDEL
$712M
| $453K | ﹤0.01% |
15,722
+810
| +5% | +$23.9K |
2015 Q4
38 quarters
|
|
2256
Seacoast Banking Corp of Florida
SBCF
$3.11B
| $451K | ﹤0.01% |
16,327
-429
| -3% | -$10.6K |
2017 Q4
30 quarters
|
|
2257
Simplify Volatility Premium ETF
SVOL
$513M
| $450K | ﹤0.01% |
24,455
+7,815
| +47% | +$134K |
2025 Q1
1 quarter
|
|
2258
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.28B
| $449K | ﹤0.01% |
3,786
+167
| +5% | +$19.4K |
2018 Q1
29 quarters
|
|
2259
The Bancorp
TBBK
$2B
| $449K | ﹤0.01% |
7,878
+520
| +7% | +$26.3K |
2024 Q3
3 quarters
|
|
2260
AN2 Therapeutics
ANTX
$212M
| $447K | ﹤0.01% |
422,077
| – | – |
2024 Q4
2 quarters
|
|
2261
SunCoke Energy
SXC
$827M
| $447K | ﹤0.01% |
52,071
+2,258
| +5% | +$19.6K |
2013 Q2
48 quarters
|
|
|
CPRX
2262
DELISTED
Catalyst Pharmaceutical
CPRX
| $447K | ﹤0.01% |
20,594
+851
| +4% | +$20.1K |
2023 Q4
6 quarters
|
|
2263
Pacer US Cash Cows 100 ETF
COWZ
$18.9B
| $446K | ﹤0.01% |
8,101
+2,300
| +40% | +$122K |
2022 Q1
13 quarters
|
|
2264
NBT Bancorp
NBTB
$2.64B
| $446K | ﹤0.01% |
10,724
+1,021
| +11% | +$42.5K |
2013 Q2
48 quarters
|
|
2265
Return Stacked US Stocks & Managed Futures ETF
RSST
$563M
| $445K | ﹤0.01% |
19,083
+5,902
| +45% | +$126K |
2025 Q1
1 quarter
|
|
2266
Urban Edge Properties
UE
$2.47B
| $445K | ﹤0.01% |
23,833
+422
| +2% | +$7.71K |
2015 Q2
40 quarters
|
|
2267
Ubiquiti
UI
$36.9B
| $443K | ﹤0.01% |
1,076
-51
| -5% | -$18.6K |
2024 Q2
4 quarters
|
|
2268
Avis
CAR
$3.75B
| $440K | ﹤0.01% |
2,600
-8,298
| -76% | -$894K |
2013 Q2
48 quarters
|
|
2269
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $438K | ﹤0.01% |
6,686
-1,076
| -14% | -$70K |
2013 Q2
48 quarters
|
|
2270
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.39B
| $438K | ﹤0.01% |
11,645
+316
| +3% | +$11.3K |
2021 Q1
17 quarters
|
|
2271
Northern Trust Morningstar US Market Factor Tilt ETF
TILT
$2.18B
| $437K | ﹤0.01% |
1,952
-119
| -6% | -$24.8K |
2021 Q4
14 quarters
|
|
2272
Infosys
INFY
$46B
| $437K | ﹤0.01% |
23,590
-125
| -0.5% | -$2.23K |
2013 Q2
48 quarters
|
|
|
OPLN
2273
Openlane
OPLN
$4.26B
| $436K | ﹤0.01% |
17,845
+471
| +3% | +$9.95K |
2023 Q4
6 quarters
|
|
2274
Shinhan Financial Group
SHG
$36B
| $436K | ﹤0.01% |
9,650
+691
| +8% | +$26.3K |
2022 Q3
11 quarters
|
|
2275
Extreme Networks
EXTR
$2.9B
| $435K | ﹤0.01% |
24,230
+543
| +2% | +$8K |
2015 Q3
39 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.