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 | |
|---|---|---|---|---|---|---|---|
2326
Asbury Automotive
ABG
$3.2B
| $383K | ﹤0.01% |
1,565
-1,790
| -53% | -$435K |
2015 Q4
39 quarters
|
|
|
FLG
2327
Flagstar Bank National Association
FLG
$4.85B
| $382K | ﹤0.01% |
33,094
-2,154
| -6% | -$25.6K |
2013 Q2
49 quarters
|
|
2328
BlackRock MuniYield Quality Fund
MQY
$715M
| $382K | ﹤0.01% |
32,769
+649
| +2% | +$7.26K |
2022 Q1
14 quarters
|
|
2329
Penske Automotive Group
PAG
$13.3B
| $382K | ﹤0.01% |
2,195
-153
| -7% | -$27.3K |
2023 Q3
8 quarters
|
|
2330
ESCO Technologies
ESE
$6.99B
| $381K | ﹤0.01% |
1,803
-2,440
| -58% | -$483K |
2022 Q4
11 quarters
|
|
2331
Dimensional International Value ETF
DFIV
$21.4B
| $380K | ﹤0.01% |
8,241
+4,012
| +95% | +$179K |
2024 Q3
4 quarters
|
|
|
GTM
2332
ZoomInfo Technologies
GTM
$1.12B
| $380K | ﹤0.01% |
34,808
+1,255
| +4% | +$13.5K |
2022 Q2
13 quarters
|
|
|
KEEL
2333
PUT
Keel Infrastructure Corp
KEEL
$2.12B
| $380K | ﹤0.01% |
+134,500
| New | +$209K |
2025 Q3
0 quarters
|
|
|
ALEX
2334
DELISTED
Alexander & Baldwin
ALEX
| $380K | ﹤0.01% |
20,873
-591
| -3% | -$10.8K |
2013 Q2
49 quarters
|
|
2335
Workiva
WK
$3.79B
| $378K | ﹤0.01% |
4,389
+1,106
| +34% | +$83.1K |
2023 Q1
10 quarters
|
|
2336
Oceaneering
OII
$4.42B
| $377K | ﹤0.01% |
15,231
-8,976
| -37% | -$206K |
2013 Q2
49 quarters
|
|
2337
Moelis & Co
MC
$4.22B
| $375K | ﹤0.01% |
5,252
-6,836
| -57% | -$488K |
2023 Q2
9 quarters
|
|
2338
Mirion Technologies
MIR
$3.49B
| $374K | ﹤0.01% |
16,095
-49,545
| -75% | -$1.07M |
2025 Q2
1 quarter
|
|
2339
Digital Turbine
APPS
$1.4B
| $374K | ﹤0.01% |
58,487
| – | – |
2024 Q4
3 quarters
|
|
2340
Douglas Emmett
DEI
$1.63B
| $374K | ﹤0.01% |
24,026
-14,516
| -38% | -$227K |
2014 Q2
45 quarters
|
|
2341
NEOS S&P 500 High Income ETF
SPYI
$12.3B
| $374K | ﹤0.01% |
+7,143
| New | +$367K |
2025 Q3
0 quarters
|
|
2342
Enerpac Tool Group
EPAC
$1.79B
| $373K | ﹤0.01% |
9,086
-4,537
| -33% | -$183K |
2013 Q2
49 quarters
|
|
2343
Invesco S&P MidCap 400 GARP ETF
GRPM
$496M
| $372K | ﹤0.01% |
3,085
-644
| -17% | -$75.1K |
2024 Q1
6 quarters
|
|
2344
Core Scientific
CORZ
$5.25B
| $372K | ﹤0.01% |
20,723
+3,727
| +22% | +$54.7K |
2024 Q4
3 quarters
|
|
2345
Harmony Biosciences
HRMY
$2.3B
| $372K | ﹤0.01% |
13,482
-77
| -0.6% | -$2.65K |
2025 Q1
2 quarters
|
|
2346
Atlantic Union Bankshares
AUB
$5.49B
| $371K | ﹤0.01% |
10,500
-12,106
| -54% | -$412K |
2023 Q1
10 quarters
|
|
2347
WisdomTree US SmallCap Dividend Fund
DES
$2.06B
| $370K | ﹤0.01% |
10,979
| – | – |
2013 Q2
49 quarters
|
|
2348
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.5B
| $370K | ﹤0.01% |
21,731
+2,818
| +15% | +$47.3K |
2021 Q1
18 quarters
|
|
2349
Enovix
ENVX
$610M
| $369K | ﹤0.01% |
37,019
-10,262
| -22% | -$114K |
2023 Q1
10 quarters
|
|
2350
PJT Partners
PJT
$3.59B
| $368K | ﹤0.01% |
2,071
-1,978
| -49% | -$356K |
2023 Q4
7 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.