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 | |
|---|---|---|---|---|---|---|---|
2276
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.2B
| $435K | ﹤0.01% |
13,164
+324
| +3% | +$10.1K |
2020 Q4
18 quarters
|
|
2277
Impinj
PI
$5.62B
| $434K | ﹤0.01% |
3,907
+207
| +6% | +$20.6K |
2024 Q3
3 quarters
|
|
2278
AMERISAFE
AMSF
$439M
| $433K | ﹤0.01% |
9,891
-404
| -4% | -$19K |
2024 Q2
4 quarters
|
|
2279
Valley National Bancorp
VLY
$7B
| $431K | ﹤0.01% |
48,303
-439
| -0.9% | -$3.81K |
2013 Q2
48 quarters
|
|
2280
Global X Defense Tech ETF
SHLD
$6.72B
| $430K | ﹤0.01% |
7,139
+6,544
| +1,100% | +$352K |
2025 Q1
1 quarter
|
|
|
CCC
2281
CCC Intelligent Solutions
CCC
$3.9B
| $429K | ﹤0.01% |
45,567
+24,675
| +118% | +$221K |
2023 Q4
6 quarters
|
|
2282
Harmony Biosciences
HRMY
$2.3B
| $428K | ﹤0.01% |
13,559
+1,729
| +15% | +$55.6K |
2025 Q1
1 quarter
|
|
2283
Enovix
ENVX
$610M
| $428K | ﹤0.01% |
47,281
-7,871
| -14% | -$51.3K |
2023 Q1
9 quarters
|
|
2284
Guardant Health
GH
$23.5B
| $427K | ﹤0.01% |
8,206
+88
| +1% | +$3.93K |
2024 Q4
2 quarters
|
|
2285
iShares Russell Top 200 Value ETF
IWX
$3.81B
| $427K | ﹤0.01% |
5,066
| – | – |
2023 Q3
7 quarters
|
|
2286
BridgeBio Pharma
BBIO
$13.1B
| $426K | ﹤0.01% |
9,865
+556
| +6% | +$20.2K |
2023 Q3
7 quarters
|
|
2287
Bank of Hawaii
BOH
$2.71B
| $426K | ﹤0.01% |
6,303
+95
| +2% | +$6.31K |
2013 Q2
48 quarters
|
|
2288
Alamo Group
ALG
$1.9B
| $425K | ﹤0.01% |
1,947
+45
| +2% | +$8.59K |
2013 Q2
48 quarters
|
|
2289
SiriusPoint
SPNT
$2.84B
| $425K | ﹤0.01% |
20,831
+79
| +0.4% | +$1.45K |
2022 Q3
11 quarters
|
|
2290
Novanta
NOVT
$5.43B
| $425K | ﹤0.01% |
3,294
-651
| -17% | -$79.2K |
2022 Q3
11 quarters
|
|
2291
First Trust Cloud Computing ETF
SKYY
$3.41B
| $423K | ﹤0.01% |
3,481
+208
| +6% | +$22.7K |
2017 Q1
33 quarters
|
|
2292
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.84B
| $422K | ﹤0.01% |
+8,295
| New | +$390K |
2025 Q2
0 quarters
|
|
|
OGI
2293
Organigram Holdings
OGI
$142M
| $421K | ﹤0.01% |
311,714
+2,225
| +0.7% | +$2.71K |
2019 Q2
24 quarters
|
|
2294
Pacer Trendpilot US Large Cap ETF
PTLC
$3.33B
| $421K | ﹤0.01% |
8,297
| – | – |
2021 Q2
16 quarters
|
|
2295
NCR Atleos
NATL
$3.33B
| $420K | ﹤0.01% |
14,733
-21
| -0.1% | -$566 |
2024 Q2
4 quarters
|
|
2296
Viavi Solutions
VIAV
$11B
| $420K | ﹤0.01% |
41,719
+521
| +1% | +$5.04K |
2013 Q2
48 quarters
|
|
|
TLN
2297
Talen Energy Corp
TLN
$15.3B
| $420K | ﹤0.01% |
1,444
-1,481
| -51% | -$351K |
2024 Q4
2 quarters
|
|
2298
Brink's
BCO
$4.12B
| $418K | ﹤0.01% |
4,686
-987
| -17% | -$85.9K |
2013 Q2
48 quarters
|
|
2299
FormFactor
FORM
$11.6B
| $417K | ﹤0.01% |
12,119
-437
| -3% | -$13.3K |
2015 Q1
41 quarters
|
|
2300
McEwen Inc
MUX
$1.08B
| $417K | ﹤0.01% |
43,369
+3,311
| +8% | +$27K |
2013 Q2
48 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.