Bank of MontrealBMO
13F holders, Q4 2025 (December 31)617holders +39
64new positions
43sold out
8famous investors
$130.46avg. 13F price*
At the end of Q4 2025, 617 institutions reported holding Bank of Montreal (BMO) in their 13F filings, up 39 from Q3 2025. 64 opened new positions and 43 sold out. The largest holders were Royal Bank of Canada ($6.5B), Vanguard Group Inc. ($4.3B) and Bank of Montreal ($3.7B). 8 famous investors held it, including David E. Shaw (0.2% of D. E. Shaw & Co.'s portfolio), Jeremy Grantham (0.0% of GMO's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).
- Company
- Bank of Montreal
- Filed as
- BANK MONTREAL QUE (Q4 2025)
- CUSIP
- 063671101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 64 | $177.6M |
| Exits | 43 | $168.8M |
All 13F filers, Q3 2025 → Q4 2025: 16,767,417 shares bought and 31,680,708 shares sold, net −14,913,291 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 617 holders
| Royal Bank of Canada | 1.14% | Reduce -23.5% | 50,087,971 | $6.5B |
| Vanguard Group Inc. | 0.06% | Add +2.1% | 33,017,205 | $4.3B |
| Bank of Montreal | 1.51% | Reduce -1.2% | 28,165,528 | $3.7B |
| TD Asset Management Inc | 2.03% | Add +1.5% | 19,372,601 | $2.5B |
| Cibc World Market Inc. | 2.92% | Add +0.9% | 12,551,773 | $1.6B |
| National Bank of Canada | 1.47% | Reduce -2.2% | 11,003,421 | $1.4B |
| 1832 Asset Management L.P. | 1.73% | Add +64.4% | 10,417,243 | $1.4B |
| FIL Ltd | 0.92% | Add +15.2% | 9,445,162 | $1.2B |
| Mackenzie Financial Corp. | 1.43% | Reduce -2.3% | 9,293,270 | $1.2B |
| Norges Bank | 0.11% | — | 8,156,958 | $1.1B |
| Geode Capital Management, LLC | 0.06% | Add +6.7% | 7,030,219 | $932.2M |
| FMR LLC | 0.04% | Reduce -18.5% | 6,597,931 | $856.9M |
| Toronto Dominion Bank | 1.51% | Add +6.6% | 6,503,168 | $844.6M |
| Canada Pension Plan Investment Board | 0.55% | Add +64.3% | 6,325,714 | $821.5M |
| CIBC Asset Management Inc | 1.97% | Reduce -14.1% | 6,237,739 | $814.5M |
| Bank of Nova Scotia | 1.15% | Reduce -6.4% | 5,965,369 | $774.7M |
| Caisse de depot et placement du Quebec | 1.20% | No change | 5,419,567 | $704.8M |
| Beutel, Goodman & Co Ltd. | 3.99% | Reduce -7.4% | 4,990,717 | $649.0M |
| Legal & General Group Plc | 0.13% | Add +0.5% | 4,550,324 | $591.7M |
| Fiera Capital Corp | 1.64% | Add +0.4% | 3,981,598 | $517.3M |
| Morgan Stanley | 0.03% | Add +74.4% | 3,817,406 | $495.5M |
| Dimensional Fund Advisors LP | 0.10% | Add +0.9% | 3,588,944 | $465.8M |
| Scotia Capital Inc. | 1.87% | Add +0.2% | 3,577,883 | $464.5M |
| Federation des caisses Desjardins du Quebec | 1.68% | Reduce -1.5% | 3,377,840 | $438.8M |
| JPMorgan Chase & Co. | 0.03% | Reduce -18.3% | 3,297,431 | $428.0M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.72% | Reduce -0.2% | 3,267,462 | $424.4M |
| Manufacturers Life Insurance Company, The | 0.30% | Reduce -4.0% | 2,804,743 | $365.0M |
| Bank of America Corp. | 0.02% | Reduce -23.2% | 2,402,278 | $311.8M |
| TD Waterhouse Canada Inc. | 1.87% | Reduce -2.5% | 2,316,589 | $300.8M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.70% | Reduce -9.2% | 2,069,545 | $268.8M |
| Charles Schwab Investment Management Inc. | 0.04% | Add +0.8% | 1,968,071 | $255.9M |
| Goldman Sachs Group Inc. | 0.03% | Reduce -45.9% | 1,863,281 | $241.8M |
| Letko, Brosseau & Associates Inc. | 3.56% | Reduce -5.7% | 1,674,225 | $217.7M |
| Invesco Ltd. | 0.02% | Reduce -1.9% | 1,576,288 | $204.6M |
| Massachusetts Financial Services Co. | 0.06% | Reduce -0.2% | 1,521,909 | $197.5M |
| Deutsche Bank AG | 0.06% | Add +5.5% | 1,450,662 | $188.3M |
| D. E. Shaw & Co. | 0.15% | Add +26.4% | 1,434,421 | $186.3M |
| Cardinal Capital Management, Inc. | 3.96% | Reduce -10.8% | 988,492 | $176.2M |
| Newport Trust Company, LLC | 0.41% | Reduce -0.5% | 1,315,207 | $170.7M |
| Amundi | 0.05% | Add +33.0% | 1,289,261 | $169.2M |
| OMERS ADMINISTRATION Corp | 1.15% | Add +9.8% | 1,244,155 | $161.8M |
| Acadian Asset Management LLC | 0.26% | Reduce -59.8% | 1,201,968 | $156.3M |
| Clearbridge Investments, LLC | 0.12% | Reduce -8.6% | 1,185,077 | $153.8M |
| Mufg Securities (canada), LTD. | 3.91% | Reduce -8.6% | 1,083,543 | $140.7M |
| Aviso Financial Inc. | 5.05% | Add +2.0% | 1,022,316 | $132.8M |
| Alberta Investment Management Corp | 0.86% | Reduce -9.8% | 1,000,300 | $129.9M |
| Addenda Capital Inc. | 3.79% | Reduce -1.3% | 725,333 | $129.3M |
| BCV Asset Management Inc. | 3.23% | — | 654,737 | $127.7M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.64% | Add +50.7% | 935,883 | $121.5M |
| Federated Hermes, Inc. | 0.19% | Reduce -27.2% | 865,639 | $112.4M |
| Bank of New York Mellon Corp | 0.02% | Reduce -2.3% | 738,973 | $95.9M |
| Agf Management Ltd. | 0.41% | Add +75.9% | 637,754 | $94.3M |
| Guardian Capital LP | 2.62% | Reduce -60.4% | 680,733 | $88.4M |
| BlackRock, Inc. | 0.00% | Add +0.5% | 644,302 | $83.6M |
| Van Eck Associates Corp. | 0.07% | Add +29.4% | 619,368 | $80.4M |
| Aviva PLC | 0.13% | Add +5.5% | 610,264 | $79.3M |
| Northern Trust Corp. | 0.01% | Add +0.4% | 546,110 | $70.9M |
| Nuveen, LLC | 0.02% | Reduce -0.2% | 533,388 | $69.4M |
| Citigroup Inc. | 0.05% | Add +5.2% | 528,447 | $68.7M |
| UBS Group AG | 0.01% | Reduce -75.6% | 518,524 | $67.3M |
| Bank of Nova Scotia Trust Co. | 5.77% | Add +1.2% | 511,456 | $66.4M |
| Quadrature Capital Ltd | 0.67% | New | 507,782 | $66.0M |
| Korea Investment CORP | 0.13% | Add +18.5% | 488,726 | $63.6M |
| Jefferies Financial Group Inc. | 0.52% | Add +6300.1% | 479,492 | $62.2M |
| Hillsdale Investment Management Inc. | 1.72% | Reduce -8.9% | 478,120 | $62.2M |
| Value Partners Investments Inc. | 4.64% | Reduce -9.0% | 465,338 | $60.5M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 4.14% | Reduce -21.8% | 464,627 | $60.3M |
| State of Tennessee, Department of Treasury | 0.17% | Reduce -4.3% | 399,601 | $54.7M |
| Pictet Asset Management Holding SA | 0.05% | Add +1.3% | 401,756 | $52.2M |
| Guardian Partners Inc. | 4.18% | Add +9.8% | 371,924 | $52.2M |
| Public Sector Pension Investment Board | 0.17% | Add +7.6% | 391,429 | $50.8M |
| Delaney Capital Management Ltd. | 8.30% | — | 385,029 | $50.1M |
| Raymond James Financial Inc. | 0.02% | Reduce -22.5% | 382,192 | $49.6M |
| Wells Fargo & Company | 0.01% | Reduce -22.1% | 365,849 | $47.5M |
| CANADA LIFE ASSURANCE Co | 0.08% | Reduce -19.0% | 356,827 | $46.4M |
| Qube Research & Technologies Ltd | 0.07% | Add +313.0% | 350,787 | $45.5M |
| LPL Financial LLC | 0.01% | Reduce -14.7% | 339,198 | $44.0M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -23.6% | 331,169 | $43.0M |
| Russell Investments Group, Ltd. | 0.05% | Reduce -14.0% | 318,561 | $41.4M |
| Franklin Resources Inc. | 0.01% | Add +6.1% | 317,254 | $41.2M |
| APG Asset Management N.V. | 0.12% | Reduce -9.8% | 368,969 | $40.9M |
| Purpose Unlimited Inc. | 1.81% | — | 301,031 | $39.1M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.08% | Add +3.0% | 299,918 | $39.0M |
| First Trust Advisors LP | 0.03% | Reduce -4.1% | 288,183 | $37.4M |
| American Century Companies Inc. | 0.02% | Add +15.3% | 280,923 | $36.5M |
| AQR Capital Management | 0.02% | Add +500.4% | 275,988 | $35.8M |
| State of Wisconsin Investment Board | 0.08% | New | 259,753 | $33.8M |
| Millennium Management | 0.02% | Add +1266.6% | 251,707 | $32.7M |
| Intech Investment Management LLC | 0.27% | Add +69.5% | 233,814 | $30.4M |
| Neuberger Berman Group LLC | 0.02% | Add +14.3% | 212,172 | $27.6M |
| Intact Investment Management Inc. | 0.79% | Reduce -2.3% | 212,320 | $27.6M |
| Candriam S.C.A. | 0.14% | Add +16.0% | 209,417 | $27.2M |
| Montrusco Bolton Investments Inc. | 0.34% | Reduce -8.2% | 208,443 | $27.1M |
| Rempart Asset Management Inc. | 5.10% | Reduce -6.4% | 207,665 | $27.0M |
| Man Group plc | 0.05% | Add +384.8% | 204,396 | $26.6M |
| Jane Street Group, LLC | 0.03% | Add +47.3% | 201,553 | $26.2M |
| Investment Management Corp of Ontario | 0.32% | Add +49.8% | 185,538 | $24.1M |
| Forsta Ap-Fonden | 0.14% | Reduce -15.8% | 180,600 | $23.5M |
| Cardinal Point Capital Management ULC | 1.52% | Add +0.6% | 178,488 | $23.2M |
| Canerector Inc. | 10.90% | No change | 125,000 | $22.3M |
"% of holder's portfolio" is BMO's weight in each manager's 13F, not the share of Bank of Montreal the manager owns.