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 | |
|---|---|---|---|---|---|---|---|
2426
Apogee Enterprises
APOG
$745M
| $347K | ﹤0.01% |
8,541
+118
| +1% | +$4.87K |
2013 Q2
48 quarters
|
|
2427
Tennant Co
TNC
$1.14B
| $347K | ﹤0.01% |
4,475
+9
| +0.2% | +$665 |
2013 Q2
48 quarters
|
|
2428
Columbia Sportswear
COLM
$2.95B
| $345K | ﹤0.01% |
5,653
-1,493
| -21% | -$96.1K |
2013 Q2
48 quarters
|
|
|
SEZL
2429
Sezzle
SEZL
$3.69B
| $345K | ﹤0.01% |
+1,926
| New | +$170K |
2025 Q2
0 quarters
|
|
2430
Digital Turbine
APPS
$1.4B
| $345K | ﹤0.01% |
58,487
-1,610
| -3% | -$6.62K |
2024 Q4
2 quarters
|
|
2431
Cohen & Steers
CNS
$3.76B
| $345K | ﹤0.01% |
4,578
+109
| +2% | +$8.38K |
2024 Q2
4 quarters
|
|
2432
Vericel Corp
VCEL
$2.02B
| $342K | ﹤0.01% |
8,027
+222
| +3% | +$9.24K |
2024 Q1
5 quarters
|
|
2433
Adaptive Biotechnologies
ADPT
$4.37B
| $341K | ﹤0.01% |
29,284
-2,624
| -8% | -$23.8K |
2024 Q2
4 quarters
|
|
2434
Pennant Group
PNTG
$1.35B
| $341K | ﹤0.01% |
11,448
-2,000
| -15% | -$54.9K |
2023 Q2
8 quarters
|
|
2435
Steven Madden
SHOO
$3.34B
| $340K | ﹤0.01% |
14,175
+1,257
| +10% | +$29.5K |
2013 Q2
48 quarters
|
|
2436
B&G Foods
BGS
$238M
| $340K | ﹤0.01% |
80,283
+65,889
| +458% | +$344K |
2023 Q4
6 quarters
|
|
|
GTM
2437
ZoomInfo Technologies
GTM
$1.12B
| $340K | ﹤0.01% |
33,553
-985
| -3% | -$9.12K |
2022 Q2
12 quarters
|
|
2438
Crescent Energy
CRGY
$4.38B
| $339K | ﹤0.01% |
39,435
-736
| -2% | -$6.44K |
2024 Q3
3 quarters
|
|
2439
Vanguard Energy ETF
VDE
$10.6B
| $339K | ﹤0.01% |
2,847
+124
| +5% | +$14.4K |
2020 Q4
18 quarters
|
|
2440
ePlus
PLUS
$2.42B
| $338K | ﹤0.01% |
4,693
+274
| +6% | +$18K |
2023 Q4
6 quarters
|
|
2441
Elastic
ESTC
$9.69B
| $338K | ﹤0.01% |
4,010
-21,352
| -84% | -$1.81M |
2019 Q1
25 quarters
|
|
2442
CTS Corp
CTS
$1.71B
| $337K | ﹤0.01% |
7,913
+41
| +0.5% | +$1.66K |
2013 Q2
48 quarters
|
|
2443
iShares MSCI Australia ETF
EWA
$1.2B
| $337K | ﹤0.01% |
+12,808
| New | +$319K |
2025 Q2
0 quarters
|
|
|
CURB
2444
Curbline Properties
CURB
$3.22B
| $337K | ﹤0.01% |
14,758
+16
| +0.1% | +$368 |
2024 Q4
2 quarters
|
|
2445
Lakeland Financial Corp
LKFN
$1.44B
| $337K | ﹤0.01% |
5,479
-32
| -0.6% | -$1.86K |
2020 Q2
20 quarters
|
|
2446
S&T Bancorp
STBA
$1.73B
| $335K | ﹤0.01% |
8,851
-1
| -0% | -$37 |
2023 Q4
6 quarters
|
|
|
FLG.PRU
2447
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
$107M
| $334K | ﹤0.01% |
8,686
-500
| -5% | -$18.6K |
2024 Q4
2 quarters
|
|
2448
Acushnet Holdings
GOLF
$4.87B
| $334K | ﹤0.01% |
4,581
-2
| -0% | -$135 |
2025 Q1
1 quarter
|
|
2449
Amkor Technology
AMKR
$13.1B
| $333K | ﹤0.01% |
15,886
-1,592
| -9% | -$29.4K |
2014 Q1
45 quarters
|
|
2450
DNOW Inc
DNOW
$2.76B
| $332K | ﹤0.01% |
22,406
+465
| +2% | +$7.1K |
2014 Q2
44 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.