Bank of Montreal
BMO- Exchange
- NYSE
- Industry
- Commercial Banks, NEC
- SEC CIK
- 0000927971
No open-market purchases or sales by Bank of Montreal insiders were filed in the last 90 days; 658 institutions reported holding it in 13F filings for Q2 2026, worth $60.0B in total; no superinvestor holds it.
Other share classesAIQDAIQUBERZBNKDBNKUBRZDBRZLBULZCARDCARUDULLFLYDFLYUFNGDFNGOFNGSFNGUGDXDGDXUHYGDHYGUJETDJETUJPNDJPNULQDDLQDUMNGUNRGDNRGUOILDOILUSHNYSMHDSMHUSPYUTAWNTPEIWTIDWTIUXLCDXLCUXLPDXLPU
13F holders, Q4 2025
Institutional positions in Bank of Montreal as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 617
- +53 vs. Q3 2025
- Shares held
- 331.3M
- −4.86M (−1.4%) vs. Q3 2025
- Total value
- $43.2B
- −$653.4M (−1.5%) vs. Q3 2025
- New holders
- 95
- 186 more added
- Sold out
- 42
- 201 more reduced
14 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting BMO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 658 | $60.0B |
| Q1 2026 | 637 | $44.5B |
| Q4 2025 | 617 | $43.2B |
| Q3 2025 | 578 | $44.7B |
| Q2 2025 | 565 | $38.7B |
| Q1 2025 | 556 | $33.0B |
| Q4 2024 | 536 | $33.4B |
| Q3 2024 | 470 | $30.8B |
| Q2 2024 | 477 | $29.5B |
| Q1 2024 | 492 | $34.1B |
| Q4 2023 | 489 | $33.9B |
| Q3 2023 | 458 | $28.3B |
| Q2 2023 | 470 | $29.7B |
| Q1 2023 | 471 | $28.9B |
| Q4 2022 | 477 | $29.2B |
| Q3 2022 | 456 | $26.4B |
| Q2 2022 | 487 | $28.3B |
| Q1 2022 | 505 | $34.0B |
| Q4 2021 | 488 | $28.9B |
| Q3 2021 | 459 | $27.7B |
| Q2 2021 | 440 | $28.3B |
| Q1 2021 | 405 | $24.7B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Bank of Montreal; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Royal Bank of Canada | 50,087,971 | $6.50B | 1.14% | −15,377,542−23.5% | Reduced |
| Vanguard Group Inc | 33,017,205 | $4.29B | 0.06% | +673,248+2.1% | Added |
| Bank of Montreal | 28,165,528 | $3.66B | 1.50% | −335,865−1.2% | Reduced |
| TD Asset Management Inc | 19,372,601 | $2.52B | 2.03% | +293,575+1.5% | Added |
| CIBC World Markets Inc. | 12,551,773 | $1.63B | 2.92% | +106,918+0.9% | Added |
| National Bank of Canada | 11,003,421 | $1.43B | 1.47% | −248,736−2.2% | Reduced |
| 1832 Asset Management L.P. | 10,417,243 | $1.35B | 1.71% | +4,080,743+64.4% | Added |
| FIL Ltd | 9,445,162 | $1.23B | 0.92% | +1,245,500+15.2% | Added |
| Mackenzie Financial Corp | 9,293,270 | $1.21B | 1.43% | −223,045−2.3% | Reduced |
| Norges Bank | 8,156,958 | $1.06B | 0.11% | +8,156,958 | New |
| Geode Capital Management, LLC | 7,030,219 | $932.2M | 0.06% | +442,812+6.7% | Added |
| FMR LLC | 6,597,931 | $856.9M | 0.04% | −1,500,741−18.5% | Reduced |
| Toronto Dominion Bank | 6,503,168 | $844.6M | 1.49% | +402,204+6.6% | Added |
| Canada Pension Plan Investment Board | 6,325,714 | $821.5M | 0.55% | +2,475,121+64.3% | Added |
| CIBC Asset Management Inc | 6,237,739 | $814.5M | 1.97% | −1,022,421−14.1% | Reduced |
| Bank of Nova Scotia | 5,965,369 | $774.7M | 1.15% | −408,232−6.4% | Reduced |
| Caisse de Depot Et Placement du Quebec | 5,419,567 | $704.8M | 1.20% | 00.0% | Unchanged |
| Beutel, Goodman & Co Ltd. | 4,990,717 | $649.0M | 3.99% | −397,009−7.4% | Reduced |
| Legal & General Group Plc | 4,550,324 | $591.7M | 0.13% | +24,658+0.5% | Added |
| Fiera Capital Corp | 3,981,598 | $517.3M | 1.64% | +14,378+0.4% | Added |
| Morgan Stanley | 3,817,406 | $495.5M | 0.03% | +1,628,318+74.4% | Added |
| Dimensional Fund Advisors LP | 3,588,944 | $465.8M | 0.10% | +31,478+0.9% | Added |
| Scotia Capital Inc. | 3,577,883 | $464.5M | 1.87% | +6,122+0.2% | Added |
| Federation des caisses Desjardins du Quebec | 3,377,840 | $438.8M | 1.68% | −50,178−1.5% | Reduced |
| JPMorgan Chase & Co | 3,297,431 | $428.0M | 0.03% | −736,755−18.3% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 3,267,462 | $424.4M | 0.72% | −5,172−0.2% | Reduced |
| Manufacturers Life Insurance Company, The | 2,804,743 | $365.0M | 0.30% | −117,084−4.0% | Reduced |
| Bank of America Corp | 2,402,278 | $311.8M | 0.02% | −726,377−23.2% | Reduced |
| TD Waterhouse Canada Inc. | 2,316,589 | $300.8M | 1.87% | −60,308−2.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 2,069,545 | $268.8M | 0.70% | −210,310−9.2% | Reduced |
| Charles Schwab Investment Management Inc | 1,968,071 | $255.9M | 0.04% | +15,814+0.8% | Added |
| Goldman Sachs Group Inc | 1,863,281 | $241.8M | 0.03% | −1,581,479−45.9% | Reduced |
| Letko, Brosseau & Associates Inc | 1,674,225 | $217.7M | 3.56% | −100,644−5.7% | Reduced |
| Invesco Ltd. | 1,576,288 | $204.6M | 0.02% | −30,081−1.9% | Reduced |
| Massachusetts Financial Services Co | 1,521,909 | $197.5M | 0.06% | −3,508−0.2% | Reduced |
| Deutsche Bank AG | 1,450,662 | $188.3M | 0.06% | +75,217+5.5% | Added |
| D. E. Shaw & Co., Inc. | 1,434,421 | $186.3M | 0.14% | +299,414+26.4% | Added |
| Cardinal Capital Management, Inc. | 988,492 | $176.2M | 3.96% | −119,500−10.8% | Reduced |
| Newport Trust Co | 1,315,207 | $170.7M | 0.41% | −6,708−0.5% | Reduced |
| Amundi | 1,289,261 | $169.2M | 0.05% | +319,957+33.0% | Added |
| Omers Administration Corp | 1,244,155 | $161.8M | 1.15% | +111,200+9.8% | Added |
| Acadian Asset Management LLC | 1,201,968 | $156.3M | 0.26% | −1,789,702−59.8% | Reduced |
| Clearbridge Investments, LLC | 1,185,077 | $153.8M | 0.12% | −111,373−8.6% | Reduced |
| MUFG Securities (Canada), Ltd. | 1,083,543 | $140.7M | 3.91% | −101,847−8.6% | Reduced |
| Aviso Financial Inc. | 1,022,316 | $132.8M | 5.05% | +20,217+2.0% | Added |
| Alberta Investment Management Corp | 1,000,300 | $129.9M | 0.78% | −108,200−9.8% | Reduced |
| Addenda Capital Inc. | 725,333 | $129.3M | 3.79% | −9,283−1.3% | Reduced |
| BCV Asset Management Inc. | 654,737 | $127.7M | 3.23% | +654,737 | New |
| British Columbia Investment Management Corp | 935,883 | $121.5M | 0.64% | +314,716+50.7% | Added |
| Federated Hermes, Inc. | 865,639 | $112.4M | 0.19% | −323,454−27.2% | Reduced |
| Bank of New York Mellon Corp | 738,973 | $95.9M | 0.02% | −17,527−2.3% | Reduced |
| Agf Management Ltd | 637,754 | $94.3M | 0.41% | +275,114+75.9% | Added |
| Guardian Capital LP | 680,733 | $88.4M | 2.62% | −1,036,509−60.4% | Reduced |
| BlackRock, Inc. | 644,302 | $83.6M | 0.00% | +3,121+0.5% | Added |
| Van Eck Associates Corp | 619,368 | $80.4M | 0.07% | +140,617+29.4% | Added |
| Aviva PLC | 610,264 | $79.3M | 0.13% | +31,565+5.5% | Added |
| Northern Trust Corp | 546,110 | $70.9M | 0.01% | +2,360+0.4% | Added |
| Nuveen, LLC | 533,388 | $69.4M | 0.02% | −1,237−0.2% | Reduced |
| Citigroup Inc | 528,447 | $68.7M | 0.05% | +26,065+5.2% | Added |
| UBS Group AG | 518,524 | $67.3M | 0.01% | −1,608,853−75.6% | Reduced |
| Bank of Nova Scotia Trust Co | 511,456 | $66.4M | 5.77% | +5,957+1.2% | Added |
| Quadrature Capital Ltd | 507,782 | $66.0M | 0.67% | +507,782 | New |
| Korea Investment CORP | 488,726 | $63.6M | 0.13% | +76,214+18.5% | Added |
| Jefferies Financial Group Inc. | 479,492 | $62.2M | 0.51% | +472,000+6,300.1% | Added |
| Hillsdale Investment Management Inc. | 478,120 | $62.2M | 1.72% | −46,902−8.9% | Reduced |
| Value Partners Investments Inc. | 465,338 | $60.5M | 4.64% | −45,983−9.0% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 464,627 | $60.3M | 4.14% | −129,676−21.8% | Reduced |
| State of Tennessee, Treasury Department | 399,601 | $54.7M | 0.17% | −18,138−4.3% | Reduced |
| Pictet Asset Management Holding SA | 401,756 | $52.2M | 0.05% | +4,973+1.3% | Added |
| Guardian Partners Inc. | 371,924 | $52.2M | 4.18% | +33,190+9.8% | Added |
| Public Sector Pension Investment Board | 391,429 | $50.8M | 0.17% | +27,551+7.6% | Added |
| Delaney Capital Management Ltd. | 385,029 | $50.1M | 8.30% | +385,029 | New |
| Raymond James Financial Inc | 382,192 | $49.6M | 0.02% | −110,756−22.5% | Reduced |
| Wells Fargo & Company | 365,849 | $47.5M | 0.01% | −104,042−22.1% | Reduced |
| Great West Life Assurance Co | 356,827 | $46.4M | 0.08% | −83,727−19.0% | Reduced |
| Qube Research & Technologies Ltd | 350,787 | $45.5M | 0.07% | +265,852+313.0% | Added |
| LPL Financial LLC | 339,198 | $44.0M | 0.01% | −58,329−14.7% | Reduced |
| Envestnet Asset Management Inc | 331,169 | $43.0M | 0.01% | −102,283−23.6% | Reduced |
| Russell Investments Group, Ltd. | 318,561 | $41.4M | 0.05% | −51,830−14.0% | Reduced |
| Franklin Resources Inc | 317,254 | $41.2M | 0.01% | +18,225+6.1% | Added |
| APG Asset Management N.V. | 368,969 | $40.9M | 0.12% | −40,331−9.9% | Reduced |
| Purpose Unlimited Inc. | 301,031 | $39.1M | 1.79% | +301,031 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 299,918 | $39.0M | 0.08% | +8,734+3.0% | Added |
| First Trust Advisors LP | 288,183 | $37.4M | 0.03% | −12,212−4.1% | Reduced |
| American Century Companies Inc | 280,923 | $36.5M | 0.02% | +37,308+15.3% | Added |
| AQR Capital Management LLC | 275,988 | $35.8M | 0.02% | +230,020+500.4% | Added |
| State of Wisconsin Investment Board | 259,753 | $33.8M | 0.08% | +259,753 | New |
| Millennium Management LLC | 251,707 | $32.7M | 0.02% | +233,288+1,266.6% | Added |
| Intech Investment Management LLC | 233,814 | $30.4M | 0.27% | +95,886+69.5% | Added |
| Neuberger Berman Group LLC | 212,172 | $27.6M | 0.02% | +26,607+14.3% | Added |
| Intact Investment Management Inc. | 212,320 | $27.6M | 0.79% | −4,910−2.3% | Reduced |
| Candriam Luxembourg S.C.A. | 209,417 | $27.2M | 0.14% | +28,854+16.0% | Added |
| Montrusco Bolton Investments Inc. | 208,443 | $27.1M | 0.34% | −18,698−8.2% | Reduced |
| Rempart Asset Management Inc. | 207,665 | $27.0M | 5.10% | −14,105−6.4% | Reduced |
| Man Group plc | 204,396 | $26.6M | 0.05% | +162,237+384.8% | Added |
| Jane Street Group, LLC | 201,553 | $26.2M | 0.03% | +64,710+47.3% | Added |
| Investment Management Corp of Ontario | 185,538 | $24.1M | 0.32% | +61,662+49.8% | Added |
| Forsta Ap-Fonden | 180,600 | $23.5M | 0.14% | −34,000−15.8% | Reduced |
| Cardinal Point Capital Management, ULC | 178,488 | $23.2M | 1.52% | +1,041+0.6% | Added |
| Canerector Inc | 125,000 | $22.3M | 10.90% | 00.0% | Unchanged |