Q2 2026 13F · SEC CIK 927971

Bank of Montreal /can/

Bank & trustFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $272.9B
Reported positions: 3,261
Top holdings a year, 3 yrs: +26.8%
Average holding period: 10.5 yrs

Bank of Montreal /can/ is a bank & trust that reported 3,261 positions worth $272.9B in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Royal Bank of Canada (RY, 4.6%), Nvidia Corporation Com (NVDA, 3.7%), Apple Inc (AAPL, 2.8%). A portfolio copying its top holdings returned 26.8% a year over the last 3 years, against 20.4% for the S&P 500.

Bank of Montreal /can/ holdings largest 50 of 3,261 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Bank of Montreal /can/ 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
RYRoyal Bank of Canada	4.6%	4.1%	60,568,915	-2.6%	$12.5B
NVDANvidia Corporation Com	3.7%	4.0%	50,415,330	-9.6%	$10.1B
AAPLApple Inc	2.8%	2.8%	26,736,492	-2.0%	$7.7B
TDToronto Dominion Bank	2.8%	2.9%	62,731,681	-16.7%	$7.6B
GOOGLAlphabet Inc	2.5%	2.3%	19,231,162	-1.2%	$6.9B
AMZNAmazon Com Inc Com	2.0%	2.1%	23,358,338	-5.2%	$5.6B
MSFTMicrosoft Corp	2.0%	2.3%	14,621,788	-2.6%	$5.5B
BMOBank of Montreal	1.8%	1.6%	28,128,121	+0.5%	$5.0B
BURBurford Capital Ltd	1.8%	2.8%	5,240,892	-28.9%	$4.9B
CMCanadian Imperial Bank of Co	1.8%	1.6%	42,547,730	+3.9%	$4.9B
SPYSpdr S&p 500 ETF Tr	1.8%	1.6%	6,446,804	+8.1%	$4.8B
BNSBank Nova Scotia B C	1.7%	1.6%	51,924,070	-7.4%	$4.5B
AVGOBroadcom Inc	1.6%	1.3%	11,734,582	+18.8%	$4.4B
GOOGAlphabet Inc	1.4%	1.2%	10,525,956	+6.5%	$3.7B
ENBEnbridge Inc Com	1.2%	1.3%	61,486,532	+7.5%	$3.3B
METAMeta Platforms Inc Class A	1.1%	1.4%	5,491,437	-7.2%	$3.1B
TSLATesla Inc Com	1.1%	1.0%	7,023,233	+5.6%	$3.0B
AMDAdvanced Micro Devices Inc	1.1%	0.4%	4,967,357	-3.2%	$2.9B
CNQCanadian Nat Res Ltd Med Term Com	0.9%	1.3%	64,790,046	+1.4%	$2.6B
MUMicron Technology Inc	0.9%	0.4%	2,194,001	-25.1%	$2.5B
TRPTc Energy Corp	0.9%	1.4%	37,261,213	-31.4%	$2.5B
BNBrookfield Corp	0.9%	0.9%	56,708,514	+3.5%	$2.4B
MFCManulife Finl Corp	0.8%	0.8%	56,769,350	-0.9%	$2.3B
SUSuncor Energy Inc New	0.8%	1.0%	42,583,631	+16.7%	$2.3B
NFLXNetflix Inc Total	0.8%	1.1%	30,878,034	+16.2%	$2.2B
LLYLilly Eli & Co	0.8%	0.6%	1,724,702	+14.4%	$2.1B
JPMJpmorgan Chase & Co	0.7%	0.7%	5,811,029	+4.6%	$1.9B
GDXVaneck Gold Miners ETF	0.7%	0.9%	24,332,431	+7.8%	$1.8B
AEMAgnico Eagle Mines Ltd	0.7%	0.9%	11,598,339	+11.8%	$1.8B
QQQInvesco Qqq Tr	0.6%	—	2,403,363	—	$1.8B
CNICanadian Natl Ry Co	0.6%	0.6%	14,841,305	+6.0%	$1.8B
VVisa Inc Com Cl A	0.6%	0.8%	5,072,479	-17.5%	$1.7B
IVVIshares Core S&p 500 ETF	0.6%	0.7%	2,320,347	-15.7%	$1.7B
CPCanadian Pacific Kansas City	0.6%	0.6%	19,886,289	+1.0%	$1.7B
SHOPShopify Inc	0.6%	0.6%	13,770,055	+5.5%	$1.6B
WCNWaste Connections Inc	0.5%	0.5%	8,665,651	+6.5%	$1.4B
PAVEGlobal X Fds	0.5%	0.5%	24,488,508	+1.2%	$1.4B
TLTIshares 20 Year Treasury Bond ETF	0.5%	0.6%	16,438,341	+4.9%	$1.4B
FTSFortis Inc	0.5%	0.6%	24,632,401	-0.6%	$1.4B
WMTWalmart Inc	0.5%	0.6%	12,397,848	+0.2%	$1.4B
COSTCostco Whsl Corp New	0.5%	0.6%	1,434,743	+4.7%	$1.3B
IWMIshares	0.5%	—	4,406,597	—	$1.3B
BBarrick Mng Corp	0.5%	0.6%	35,751,217	+5.9%	$1.3B
BRK-BBerkshire Hathaway Inc Del	0.5%	0.5%	2,612,621	+4.5%	$1.3B
MSMorgan Stanley Com New	0.5%	0.5%	6,125,821	-8.1%	$1.3B
JNJJohnson & Johnson	0.4%	0.5%	4,646,972	+2.9%	$1.2B
IEFAIshares Core Msci Eafe ETF	0.4%	0.6%	12,139,091	-26.5%	$1.2B
BACBank of Amer Corp	0.4%	0.4%	19,984,898	-3.0%	$1.1B
FNVFranco Nev Corp	0.4%	0.5%	5,361,688	+5.0%	$1.1B
CRWDCrowdstrike Hldgs Inc Class A	0.4%	—	1,447,499	—	$1.1B

What Bank of Montreal /can/ bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

Reduced

TRP Tc Energy Corp-31.4% shares
BUR Burford Capital Ltd-28.9% shares
IEFA Ishares Core Msci Eafe ETF-26.5% shares
MU Micron Technology Inc-25.1% shares
V Visa Inc Com Cl A-17.5% shares
TD Toronto Dominion Bank-16.7% shares
IVV Ishares Core S&p 500 ETF-15.7% shares
NVDA Nvidia Corporation Com-9.6% shares

Left the top 50

PLTR Palantir Technologies Inclass Class Awas 0.5%
WPM Wheaton Precious Metalswas 0.5%
ESLT Elbit Sys Ltdwas 0.4%

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +24.6% /yr; S&P 500 +20.1%
3 years: +26.8% /yr; S&P 500 +20.4%
5 years: +15.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$272.9B	3,261
Q1 2026	$243.1B	3,135
Q4 2025	$250.2B	3,089
Q3 2025	$241.5B	3,024
Q2 2025	$197.9B	3,084
Q1 2025	$191.1B	3,062
Q4 2024	$199.8B	3,012
Q3 2024	$213.5B	3,292
Q2 2024	$329.4B	3,395
Q1 2024	$316.3B	3,388
Q4 2023	$306.4B	3,397
Q3 2023	$272.6B	3,223

Questions about Bank of Montreal /can/'s portfolio

What stocks does Bank of Montreal /can/ own?

Bank of Montreal /can/'s latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 3,261 positions worth $272.9B. The largest are Royal Bank of Canada (RY) at 4.6%, Nvidia Corporation Com (NVDA) at 3.7%, Apple Inc (AAPL) at 2.8%, Toronto Dominion Bank (TD) at 2.8% and Alphabet Inc (GOOGL) at 2.5%.

What did Bank of Montreal /can/ buy last quarter?

In Q2 2026, Bank of Montreal /can/ added Broadcom Inc (AVGO) (+18.8% shares), Suncor Energy Inc New (SU) (+16.7% shares) and Netflix Inc Total (NFLX) (+16.2% shares), compared with its Q1 2026 filing.

What did Bank of Montreal /can/ sell last quarter?

In Q2 2026, Bank of Montreal /can/ cut from its top 50 Palantir Technologies Inclass Class A (PLTR), cut from its top 50 Wheaton Precious Metals (WPM), cut from its top 50 Elbit Sys Ltd (ESLT), Tc Energy Corp (TRP) (-31.4% shares), Burford Capital Ltd (BUR) (-28.9% shares) and Ishares Core Msci Eafe ETF (IEFA) (-26.5% shares), compared with its Q1 2026 filing.

How has Bank of Montreal /can/'s portfolio performed?

A portfolio copying Bank of Montreal /can/'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +26.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +24.6% against +20.1%. Over 5 years: +15.1% a year against +11.6%.

When is Bank of Montreal /can/'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Bank of Montreal /can/'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.