Bank of Nova Scotia
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Bank of Nova Scotia’s Bank of Montreal BMO Stock Holding History

Bank of Nova Scotia’s Portfolio BMO Stock Details BMO Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$681M Sell
5,032,483
-932,886
-16% -$130M 1.19% 14
2025
Q4 		$775M Sell
5,965,369
-408,232
-6% -$51.7M 1.15% 16
2025
Q3 		$831M Sell
6,373,601
-1,248,285
-16% -$148M 1.47% 13
2025
Q2 		$844M Sell
7,621,886
-787,481
-9% -$79.4M 1.73% 11
2025
Q1 		$803M Sell
8,409,367
-498,045
-6% -$49.3M 1.8% 9
2024
Q4 		$865M Sell
8,907,412
-5,117,079
-36% -$484M 1.51% 14
2024
Q3 		$1.27B Buy
14,024,491
+1,909,850
+16% +$163M 2.55% 8
2024
Q2 		$1.02B Buy
12,114,641
+551,827
+5% +$50.1M 1.99% 11
2024
Q1 		$1.13B Sell
11,562,814
-2,364,877
-17% -$223M 2.28% 9
2023
Q4 		$1.38B Sell
13,927,691
-856,277
-6% -$71.5M 2.58% 6
2023
Q3 		$1.25B Buy
14,783,968
+1,417,298
+11% +$125M 3.29% 3
2023
Q2 		$1.21B Sell
13,366,670
-2,268,806
-15% -$201M 3.16% 4
2023
Q1 		$1.39B Buy
15,635,476
+2,424,073
+18% +$230M 4.13% 3
2022
Q4 		$1.2B Buy
13,211,403
+464,465
+4% +$43M 3.1% 4
2022
Q3 		$1.12B Buy
12,746,938
+963,984
+8% +$93.2M 3.55% 4
2022
Q2 		$1.13B Sell
11,782,954
-1,034,639
-8% -$110M 2.7% 4
2022
Q1 		$1.51B Sell
12,817,593
-103,559
-0.8% -$12M 2.57% 4
2021
Q4 		$1.39B Buy
12,921,152
+990,809
+8% +$107M 1.95% 7
2021
Q3 		$1.19B Buy
11,930,343
+381,744
+3% +$38.4M 2.09% 7
2021
Q2 		$1.18B Buy
11,548,599
+2,864,627
+33% +$283M 2.18% 8
2021
Q1 		$775M Sell
8,683,972
-4,828,169
-36% -$394M 1.52% 11
2020
Q4 		$1.03B Buy
13,512,141
+103,816
+0.8% +$7.11M 2.18% 7
2020
Q3 		$784M Buy
+13,408,325
New +$776M 2.13% 7
2020
Q2 		– Sell
-13,822,859
Closed -$695M – 950
2020
Q1 		$695M Buy
13,822,859
+2,814,173
+26% +$191M 2.39% 3
2019
Q4 		$853M Sell
11,008,686
-173,777
-2% -$13.1M 2.08% 5
2019
Q3 		$825M Buy
11,182,463
+1,896,056
+20% +$138M 2.45% 3
2019
Q2 		$666M Buy
9,286,407
+170,592
+2% +$13M 2.79% 3
2019
Q1 		$682M Buy
9,115,815
+1,358,988
+18% +$101M 2.7% 3
2018
Q4 		$507M Buy
7,756,827
+114,518
+1% +$8.49M 2.37% 3
2018
Q3 		$632M Sell
7,642,309
-390,854
-5% -$31.4M 2.81% 4
2018
Q2 		$621M Buy
8,033,163
+615,919
+8% +$47.4M 3.41% 3
2018
Q1 		$560M Sell
7,417,244
-1,698,777
-19% -$134M 2.89% 5
2017
Q4 		$729M Buy
9,116,021
+672,419
+8% +$52.4M 3.33% 3
2017
Q3 		$639M Sell
8,443,602
-104,976
-1% -$7.83M 3.72% 3
2017
Q2 		$628M Sell
8,548,578
-8,012,815
-48% -$567M 3.29% 3
2017
Q1 		$1.24B Buy
16,561,393
+458,313
+3% +$34.6M 5.28% 3
2016
Q4 		$1.16B Sell
16,103,080
-150,003
-0.9% -$10M 5.93% 4
2016
Q3 		$1.07B Sell
16,253,083
-5,206
-0% -$338K 6.04% 3
2016
Q2 		$1.03B Sell
16,258,289
-8,710
-0.1% -$552K 6.07% 4
2016
Q1 		$988M Sell
16,266,999
-1,066,441
-6% -$58.4M 6.12% 4
2015
Q4 		$978M Sell
17,333,440
-2,018,106
-10% -$116M 5.02% 4
2015
Q3 		$1.06B Sell
19,351,546
-1,242,501
-6% -$68.2M 5.72% 4
2015
Q2 		$1.22B Sell
20,594,047
-4,046,172
-16% -$254M 6.07% 3
2015
Q1 		$1.48B Buy
24,640,219
+200,037
+0.8% +$12.4M 6.61% 3
2014
Q4 		$1.73B Sell
24,440,182
-3,900
-0% -$279K 6.64% 3
2014
Q3 		$1.8B Buy
24,444,082
+623,085
+3% +$46.9M 7.3% 3
2014
Q2 		$1.75B Sell
23,820,997
-72,200
-0.3% -$5.03M 7.18% 3
2014
Q1 		$1.6B Buy
23,893,197
+571,000
+2% +$37.1M 6.64% 3
2013
Q4 		$1.55B Buy
23,322,197
+69,900
+0.3% +$4.76M 6.56% 3
2013
Q3 		$1.55B Buy
23,252,297
+302,003
+1% +$18.9M 7.91% 3
2013
Q2 		$1.33B Buy
+22,950,294
New +$1.39B 6.78% 3

Other funds holding BMO

Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
TD Asset Management
TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return
CIBC World Market
CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return
National Bank of Canada
National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return
1832 Asset Management
1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return
Mackenzie Financial
Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Bank of Nova Scotia's BMO Position: Q1 2026 in Review

Bank of Nova Scotia reduced its Bank of Montreal (BMO) stake by 16% in Q1 2026, selling an estimated $130M and leaving 5,032,483 shares worth $681M. The position accounts for 1.19% of the portfolio, ranked #14.

Bank of Nova Scotia first reported a position in BMO in Q2 2013 and has held it in 51 quarters since. The position peaked at $1.8B in Q3 2014. 635 funds tracked by Wall St. Rank hold BMO as of Q1 2026.

  • Bank of Nova Scotia held 5,032,483 shares of Bank of Montreal worth $681M as of Q1 2026.
  • Bank of Nova Scotia sold 932,886 Bank of Montreal shares in Q1 2026, an estimated $130M.
  • Bank of Montreal made up 1.19% of Bank of Nova Scotia's portfolio in Q1 2026, its #14 holding.
  • Bank of Nova Scotia first reported a position in Bank of Montreal in Q2 2013 and has held it in 51 quarters since.
  • Bank of Nova Scotia's Bank of Montreal position peaked at $1.8B in Q3 2014.
  • 635 funds tracked by Wall St. Rank held Bank of Montreal as of Q1 2026.

Based on Bank of Nova Scotia's 13F filing for Q1 2026, filed 14 May 2026.