National Bank of Canada’s Bank of Montreal BMO Stock Holding History

National Bank of Canada’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	$1.45B	Sell	10,760,298 -243,123	-2%	-$33.8M	1.3%	15
2025 Q4	$1.43B	Sell	11,003,421 -248,736	-2%	-$31.5M	1.3%	13
2025 Q3	$1.46B	Buy	11,252,157 +945,178	+9%	+$112M	1.46%	11
2025 Q2	$1.14B	Sell	10,306,979 -2,729,802	-21%	-$275M	1.08%	14
2025 Q1	$1.24B	Sell	13,036,781 -711,722	-5%	-$70.4M	1.3%	11
2024 Q4	$1.34B	Sell	13,748,503 -1,862	-0%	-$176K	1.42%	9
2024 Q3	$1.24B	Sell	13,750,365 -1,011,471	-7%	-$86.3M	1.42%	12
2024 Q2	$1.23B	Buy	14,761,836 +692,049	+5%	+$62.8M	1.68%	10
2024 Q1	$1.32B	Buy	14,069,787 +3,874,573	+38%	+$366M	2.02%	7
2023 Q4	$998M	Sell	10,195,214 -1,289,362	-11%	-$108M	1.6%	7
2023 Q3	$938M	Sell	11,484,576 -809,820	-7%	-$71.2M	1.43%	7
2023 Q2	$1.11B	Buy	12,294,396 +278,859	+2%	+$24.7M	2.03%	6
2023 Q1	$1.07B	Buy	12,015,537 +1,429,964	+14%	+$136M	2.63%	3
2022 Q4	$959M	Buy	10,585,573 +8,418,353	+388%	+$779M	2.44%	4
2022 Q3	$190M	Buy	2,167,220 +35,327	+2%	+$3.42M	1.02%	13
2022 Q2	$208M	Sell	2,131,893 -15,287	-0.7%	-$1.62M	0.95%	11
2022 Q1	$255M	Buy	2,147,180 +139,335	+7%	+$16.2M	0.76%	27
2021 Q4	$216M	Buy	+2,007,845	New	+$216M	0.74%	24

Other funds holding BMO

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

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 Toronto, Ontario, Canada $115B AUM 41.58% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

National Bank of Canada's BMO Position: Q1 2026 in Review

National Bank of Canada reduced its Bank of Montreal (BMO) stake by 2.2% in Q1 2026, selling an estimated $33.8M and leaving 10,760,298 shares worth $1.45B. The position accounts for 1.3% of the portfolio, ranked #15.

National Bank of Canada first reported a position in BMO in Q4 2021 and has held it in 18 quarters since. The position peaked at $1.46B in Q3 2025. 635 funds tracked by Wall St. Rank hold BMO as of Q1 2026.

National Bank of Canada held 10,760,298 shares of Bank of Montreal worth $1.45B as of Q1 2026.
National Bank of Canada sold 243,123 Bank of Montreal shares in Q1 2026, an estimated $33.8M.
Bank of Montreal made up 1.3% of National Bank of Canada's portfolio in Q1 2026, its #15 holding.
National Bank of Canada first reported a position in Bank of Montreal in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's Bank of Montreal position peaked at $1.46B in Q3 2025.
635 funds tracked by Wall St. Rank held Bank of Montreal as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.