1y return+21.1%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since September 30, 2024: $132 against $130 in the S&P 500.2
Bank Of Montreal /can/S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| RYRoyal Bk Cda | $12.5B | 4.6% | −2.6% |
| NVDANvidia Corporation | $10.1B | 3.7% | −9.6% |
| AAPLApple Inc | $7.7B | 2.8% | −2.0% |
| TDToronto Dominion Bk Ont | $7.6B | 2.8% | −16.7% |
| GOOGLAlphabet Inc | $6.9B | 2.5% | −1.2% |
| AMZNAmazon Com Inc | $5.6B | 2.0% | −5.2% |
| MSFTMicrosoft Corp | $5.5B | 2.0% | −2.6% |
| BMOBank Montreal Medium | $5.0B | 1.8% | |
| Burford Capital LimitedCUSIP G17977110 | $4.9B | 1.8% | −28.9% |
| CMCanadian Imperial Bank Of Co | $4.9B | 1.8% | +3.9% |
| SPYState Str Spdr S&p 500 Etf T | $4.8B | 1.8% | +8.1% |
| BNSBank Nova Scotia B C | $4.5B | 1.7% | −7.4% |
| AVGOBroadcom Inc | $4.4B | 1.6% | +18.8% |
| GOOGAlphabet Inc | $3.7B | 1.4% | +6.5% |
| ENBEnbridge Inc | $3.3B | 1.2% | +7.5% |
| METAMeta Platforms Inc | $3.1B | 1.1% | −7.2% |
| TSLATesla Inc | $3.0B | 1.1% | +5.6% |
| AMDAdvanced Micro Devices Inc | $2.9B | 1.1% | −3.2% |
| CNQCanadian Nat Res Ltd Med Ter | $2.6B | 0.9% | +1.4% |
| MUMicron Technology Inc | $2.5B | 0.9% | −25.1% |
| TRPTc Energy Corp | $2.5B | 0.9% | −31.4% |
| BNBrookfield Corp | $2.4B | 0.9% | +3.5% |
| MFCManulife Finl Corp | $2.3B | 0.8% | |
| SUSuncor Energy Inc New | $2.3B | 0.8% | +16.7% |
| NFLXNetflix Inc. | $2.2B | 0.8% | +16.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $10.1B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $4.4B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $2.9B |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $2.1B |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $6.9B |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $3.7B |
| CNQCanadian Nat Res Ltd Med Ter | June 30, 2020 | +354.1% | $2.6B |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $1.9B |
| CMCanadian Imperial Bank Of Co | June 30, 2020 | +243.6% | $4.9B |
| BMOBank Montreal Medium | June 30, 2020 | +233.0% | $5.0B |
Sold off last quarter
- Thomson Reuters CorpCUSIP 884903808 was $480.6M
- Zooz Strategy LtdCUSIP M2573A106 was $222.2M
- Honeywell Intl IncCUSIP 438516106 was $208.3M
- Dupont De Nemours IncCUSIP 26614N102 was $54.8M
- Carnival PLCCUSIP 14365C103 was $53.0M
- CTRACoterra Energy Inc was $32.3M
- DRVNDriven Brands Hldgs Inc was $26.2M
- Taseko Mines LtdCUSIP 876511106 was $22.7M
- Carnival CorpCUSIP 143658300 was $21.7M
- STRZStarz Entertainment Corp. was $20.7M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.4% | +14.8% |
| March 31, 2026 | −2.0% | −4.6% |
| December 31, 2025 | +2.9% | +2.4% |
| September 30, 2025 | +8.8% | +7.8% |
| June 30, 2025 | +12.5% | +10.5% |
| March 31, 2025 | −3.6% | −4.6% |
| December 31, 2024 | +0.8% | +2.1% |
| June 30, 2022 | −17.3% | −16.5% |
| March 31, 2022 | −2.1% | −4.9% |
| December 31, 2021 | +8.3% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Bank Of Montreal /can/ Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=927971&type=13F-HR&dateb=&owner=include&count=40CIK 927971
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/927971/000092797126000090/Filed August 12, 2026 · accession 0000927971-26-000090