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 Bk Cda (RY, 4.6%), Nvidia Corporation (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 Bk Cda	4.6%	4.1%	60,568,915	-2.6%	$12.5B
NVDANvidia Corporation	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 Bk Ont	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	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 Limited	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
SPYState Str Spdr S&p 500 ETF T	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	1.2%	1.3%	61,486,532	+7.5%	$3.3B
METAMeta Platforms Inc	1.1%	1.4%	5,491,437	-7.2%	$3.1B
TSLATesla Inc	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 Ter	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.	0.8%	1.1%	30,878,034	+16.2%	$2.2B
LLYEli Lilly & 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 ETF Trust	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	0.6%	0.8%	5,072,479	-17.5%	$1.7B
IVVIshares Tr	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 U.s. Infrastructure Development	0.5%	0.5%	24,488,508	+1.2%	$1.4B
TLTIshares Tr	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 Wholesale Corporation	0.5%	0.6%	1,434,743	+4.7%	$1.3B
IWMIshares Tr	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	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 Tr	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	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.

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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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 Bk Cda (RY) at 4.6%, Nvidia Corporation (NVDA) at 3.7%, Apple Inc (AAPL) at 2.8%, Toronto Dominion Bk Ont (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. (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 Inc (PLTR), cut from its top 50 Wheaton Precious Metals Corp (WPM), cut from its top 50 Elbit Sys Ltd (ESLT), Tc Energy Corp (TRP) (-31.4% shares), Burford Capital Limited (BUR) (-28.9% shares) and Ishares Tr (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.