BANK OF MONTREAL /CAN/
13F Reported Value
ⓘ$303.7B
incl. option notional
Equity Holdings
ⓘ$275.2B
Option Notional
ⓘ$28.4B
$19.0B puts / $9.4B calls
Holdings
3,831
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
BANK OF MONTREAL /CAN/ disclosed 3,831 positions worth $303.7B in its Form 13F-HR for Q2 2026 — $275.2B in common stock plus $28.4B of put/call option positions (reported at underlying notional value, not premium at risk), led by $RY (ROYAL BANK OF CANADA) at 4.5% of the equity portfolio, followed by $NVDA and $AAPL. During the quarter the fund opened 395 new positions and exited 285 — including a new stake in $QQQ and a full exit from $ZOOZ. The portfolio is most concentrated in Technology (26.9% of disclosed assets). All figures are sourced directly from BANK OF MONTREAL /CAN/’s Form 13F-HR filing with the SEC under CIK 927971.
AI Fund Analysis
Stable
$RY
$NVDA
$AAPL
$TD
$GOOG
$WPMSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 74.8#76
Quality
$12.5B60,568,915 sh - 85.9#5
Quality
$10.1B50,415,330 sh - 76.4#84
Quality
$7.7B26,736,492 sh - 80.5
Quality
$7.6B62,731,681 sh - 78.2
Quality
$6.9B19,231,162 sh - 68.7
Quality
$5.6B23,358,338 sh - 79.8
Quality
$5.5B14,621,788 sh - 76.0
Quality
$5.0B28,128,121 sh - —
Quality
$4.9B5,240,892 sh - 76.4
Quality
$4.9B42,547,730 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| ROYAL BANK OF CANADA$RY | 74.8#76 | $12.5B | 60,568,915 |
| NVIDIA CORP$NVDA | 85.9#5 | $10.1B | 50,415,330 |
| Apple Inc.$AAPL | 76.4#84 | $7.7B | 26,736,492 |
| TORONTO DOMINION BANK$TD | 80.5 | $7.6B | 62,731,681 |
| Alphabet Inc.$GOOG | 78.2 | $6.9B | 19,231,162 |
 AMAZON COM INC$AMZN | 68.7 | $5.6B | 23,358,338 |
 MICROSOFT CORP$MSFT | 79.8 | $5.5B | 14,621,788 |
 BANK OF MONTREAL /CAN/$BMO | 76.0 | $5.0B | 28,128,121 |
 Burford Capital Ltd$BUR | — | $4.9B | 5,240,892 |
 CANADIAN IMPERIAL BANK OF COMMERCE /CAN/$CM | 76.4 | $4.9B | 42,547,730 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of BANK OF MONTREAL /CAN/'s 3,831 positions.
Showing top 10 of 3,831 holdings.
Sector Allocation
Technology
$74.1B
Financials
$64.5B
Other
$33.3B
Industrials
$20.3B
Energy
$17.3B
Consumer Discretionary
$15.8B
Materials
$12.7B
Healthcare
$11.6B
Top Holdings — BANK OF MONTREAL /CAN/ (Q2 2026)
Top 150 of 3,831 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $RY | ROYAL BANK OF CANADA | $12.5B | 4.5% | -3% | 74.8 |
| 2 | $NVDA | NVIDIA CORP | $10.1B | 3.7% | -10% | 85.9 |
| 3 | $AAPL | Apple Inc. | $7.7B | 2.8% | -2% | 76.4 |
| 4 | $TD | TORONTO DOMINION BANK | $7.6B | 2.8% | -17% | 80.5 |
| 5 | $GOOG | Alphabet Inc. | $6.9B | 2.5% | -1% | 78.2 |
| 6 | $AMZN | AMAZON COM INC | $5.6B | 2.0% | -5% | 68.7 |
| 7 | $MSFT | MICROSOFT CORP | $5.5B | 2.0% | -3% | 79.8 |
| 8 | $BMO | BANK OF MONTREAL /CAN/ | $5.0B | 1.8% | +0% | 76 |
| 9 | $BUR | Burford Capital Ltd | $4.9B | 1.8% | -29% | — |
| 10 | $CM | CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ | $4.9B | 1.8% | +4% | 76.4 |
| 11 |  $SPY | SPDR S&P 500 ETF TRUST | $4.8B | 1.8% | +8% | — |
| 12 |  $BNS | BANK OF NOVA SCOTIA | $4.5B | 1.6% | -7% | 71.1 |
| 13 |  $AVGO | Broadcom Inc. | $4.4B | 1.6% | +19% | 84.5 |
| 14 |  $GOOGL | Alphabet Inc. | $3.7B | 1.4% | +7% | 78.2 |
| 15 |  $ENB | ENBRIDGE INC | $3.3B | 1.2% | +7% | 66.7 |
| 16 | $SPYPUT | SPDR S&P 500 ETF TRUST | $3.3B | — | +7% | — |
| 17 |  $META | Meta Platforms, Inc. | $3.1B | 1.1% | -7% | 79.6 |
| 18 |  $TSLA | Tesla, Inc. | $3.0B | 1.1% | +6% | 53.9 |
| 19 |  $AMD | ADVANCED MICRO DEVICES INC | $2.9B | 1.1% | -3% | 79.8 |
| 20 |  $QQQPUT | INVESCO QQQ TRUST, SERIES 1 | $2.9B | — | NEW | — |
| 21 | — | ISHARES TR - RUSSELL 2000 ETF | $2.8B | — | +18% | — |
| 22 |  $CNQ | CANADIAN NATURAL RESOURCES Ltd | $2.6B | 0.9% | +1% | — |
| 23 |  $MU | MICRON TECHNOLOGY INC | $2.5B | 0.9% | -25% | 86.2 |
| 24 |  $TRP | TC ENERGY CORP | $2.5B | 0.9% | -31% | — |
| 25 |  $BN | BROOKFIELD Corp /ON/ | $2.4B | 0.9% | +4% | — |
| 26 |  $MFC | MANULIFE FINANCIAL CORP | $2.3B | 0.8% | -1% | — |
| 27 |  $SU | SUNCOR ENERGY INC | $2.3B | 0.8% | +17% | — |
| 28 |  $NFLX | NETFLIX INC | $2.2B | 0.8% | +16% | 78.8 |
| 29 |  $LLY | ELI LILLY & Co | $2.1B | 0.8% | +14% | 87.5 |
| 30 | $SPYCALL | SPDR S&P 500 ETF TRUST | $1.9B | — | -1% | — |
| 31 |  $JPM | JPMORGAN CHASE & CO | $1.9B | 0.7% | +5% | 70.7 |
| 32 | $NVDAPUT | NVIDIA CORP | $1.8B | — | -43% | 85.9 |
| 33 | — | VANECK ETF TRUST - GOLD MINERS ETF | $1.8B | 0.7% | +8% | — |
| 34 |  $AEM | AGNICO EAGLE MINES LTD | $1.8B | 0.7% | +12% | — |
| 35 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | $1.8B | 0.6% | +62% | — |
| 36 |  $CNI | CANADIAN NATIONAL RAILWAY CO | $1.8B | 0.6% | +6% | — |
| 37 |  $V | VISA INC. | $1.7B | 0.6% | -18% | 82.9 |
| 38 | — | ISHARES TR - CORE S&P500 ETF | $1.7B | 0.6% | -16% | — |
| 39 |  $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | $1.7B | 0.6% | +1% | 69.7 |
| 40 |  $SHOP | SHOPIFY INC. | $1.6B | 0.6% | +5% | 64.9 |
| 41 | — | VANECK ETF TRUST - SEMICONDUCTR ETF | $1.5B | — | NEW | — |
| 42 |  $WCN | Waste Connections, Inc. | $1.4B | 0.5% | +7% | 68.2 |
| 43 | — | GLOBAL X FDS - US INFR DEV ETF | $1.4B | 0.5% | +1% | — |
| 44 | — | ISHARES TR - 20 YR TR BD ETF | $1.4B | 0.5% | +5% | — |
| 45 |  $FTS | Fortis Inc. | $1.4B | 0.5% | -1% | 62 |
| 46 |  $WMT | Walmart Inc. | $1.4B | 0.5% | +0% | 60.2 |
| 47 |  $COST | COSTCO WHOLESALE CORP /NEW | $1.3B | 0.5% | +5% | 66.1 |
| 48 | — | ISHARES TR - RUSSELL 2000 ETF | $1.3B | 0.5% | +27% | — |
| 49 |  $B | BARRICK MINING CORP | $1.3B | 0.5% | +6% | 69.6 |
| 50 |  $BRK.B | BERKSHIRE HATHAWAY INC | $1.3B | 0.5% | +4% | 73.8 |
| 51 |  $MS | MORGAN STANLEY | $1.3B | 0.5% | -8% | 75.8 |
| 52 | $NVDACALL | NVIDIA CORP | $1.2B | — | +93% | 85.9 |
| 53 | — | ISHARES TR - 20 YR TR BD ETF | $1.2B | — | +30% | — |
| 54 |  $JNJ | JOHNSON & JOHNSON | $1.2B | 0.4% | +3% | 69 |
| 55 | — | ISHARES TR - CORE MSCI EAFE | $1.2B | 0.4% | -26% | — |
| 56 |  $BAC | BANK OF AMERICA CORP /DE/ | $1.1B | 0.4% | -3% | 67.6 |
| 57 |  $FNV | FRANCO NEVADA Corp | $1.1B | 0.4% | +5% | — |
| 58 |  $CRWD | CrowdStrike Holdings, Inc. | $1.1B | 0.4% | -6% | 67.7 |
| 59 |  $PLTR | Palantir Technologies Inc. | $1.1B | 0.4% | +21% | 84.6 |
| 60 |  $MA | Mastercard Inc | $1.1B | 0.4% | +11% | 85.1 |
| 61 |  $INTC | INTEL CORP | $1.1B | 0.4% | +3% | 45.6 |
| 62 | $QQQCALL | INVESCO QQQ TRUST, SERIES 1 | $1.1B | — | NEW | — |
| 63 |  $LRCX | LAM RESEARCH CORP | $1.1B | 0.4% | +21% | 79.4 |
| 64 |  $WDC | WESTERN DIGITAL CORP | $1.0B | 0.4% | +16% | 80.7 |
| 65 |  $PANW | Palo Alto Networks Inc | $1.0B | 0.4% | -1% | 65.5 |
| 66 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | $1.0B | 0.4% | +9% | — |
| 67 | $WPM | Wheaton Precious Metals Corp. | $1.0B | 0.4% | +4% | — |
| 68 |  $PBA | PEMBINA PIPELINE CORP | $998.9M | 0.4% | +3% | — |
| 69 |  $GS | GOLDMAN SACHS GROUP INC | $984.2M | 0.4% | -16% | 73.5 |
| 70 |  $BIP | Brookfield Infrastructure Partners L.P. | $977.6M | 0.4% | +1% | — |
| 71 |  $EMA | EMERA INC | $966.2M | 0.3% | +2% | — |
| 72 |  $SLF | SUN LIFE FINANCIAL INC | $959.5M | 0.3% | +18% | — |
| 73 |  $CSCO | CISCO SYSTEMS, INC. | $886.1M | 0.3% | +9% | 70.3 |
| 74 |  $ABBV | AbbVie Inc. | $873.2M | 0.3% | +13% | 72.7 |
| 75 |  $NTR | Nutrien Ltd. | $868.4M | 0.3% | +7% | — |
| 76 |  $BCE | BCE INC | $852.5M | 0.3% | +10% | 55 |
| 77 | — | ISHARES INC - CORE MSCI EMKT | $838.2M | 0.3% | +12% | — |
| 78 |  $QSR | Restaurant Brands International Inc. | $818.5M | 0.3% | +25% | 69.6 |
| 79 |  $CVE | CENOVUS ENERGY INC. | $816.0M | 0.3% | +41% | 51.9 |
| 80 |  $RCI | ROGERS COMMUNICATIONS INC | $799.3M | 0.3% | +4% | — |
| 81 | $AMDCALL | ADVANCED MICRO DEVICES INC | $791.1M | — | +1420% | 79.8 |
| 82 |  $C | CITIGROUP INC | $786.3M | 0.3% | -16% | 65 |
| 83 |  $AMAT | APPLIED MATERIALS INC /DE | $766.1M | 0.3% | +15% | 72.3 |
| 84 |  $CAT | CATERPILLAR INC | $760.5M | 0.3% | -1% | 66.5 |
| 85 |  $CCJ | CAMECO CORP | $749.8M | 0.3% | +23% | — |
| 86 |  $UNH | UNITEDHEALTH GROUP INC | $737.2M | 0.3% | +16% | 62.7 |
| 87 |  $XOM.R34088 | EXXON MOBIL CORP | $729.7M | 0.3% | +5% | 57.9 |
| 88 |  $MRK | Merck & Co., Inc. | $715.2M | 0.3% | +15% | 59.9 |
| 89 | $WDC | WESTERN DIGITAL CORP | $655.9M | 0.2% | +24% | 80.7 |
| 90 |  $STX | Seagate Technology Holdings plc | $635.8M | 0.2% | -35% | — |
| 91 |  $TU | TELUS CORP | $635.0M | 0.2% | +0% | 48.2 |
| 92 |  $GEV | GE Vernova Inc. | $632.1M | 0.2% | +16% | 81.1 |
| 93 |  $LITE | Lumentum Holdings Inc. | $620.4M | 0.2% | +170% | 44.3 |
| 94 | $AMDPUT | ADVANCED MICRO DEVICES INC | $617.8M | — | -46% | 79.8 |
| 95 |  $KLAC | KLA CORP | $608.4M | 0.2% | +1023% | 78.6 |
| 96 |  $SNOW | Snowflake Inc. | $606.2M | 0.2% | -3% | 54.9 |
| 97 |  $PG | PROCTER & GAMBLE Co | $605.7M | 0.2% | +3% | 64.6 |
| 98 |  $HD | HOME DEPOT, INC. | $595.4M | 0.2% | +6% | 60.3 |
| 99 |  $ORCL | ORACLE CORP | $594.8M | 0.2% | -7% | 68.2 |
| 100 | — | ISHARES TR - CORE S&P SCP ETF | $592.7M | 0.2% | +136% | — |
| 101 |  $PH | Parker-Hannifin Corp | $576.5M | 0.2% | +4% | 65.8 |
| 102 | — | ISHARES TR - RUSSELL 2000 ETF | $576.0M | — | -65% | — |
| 103 |  $LIN | LINDE PLC | $575.9M | 0.2% | +7% | — |
| 104 |  $GD | GENERAL DYNAMICS CORP | $570.2M | 0.2% | +11% | 68.8 |
| 105 |  $CLS | CELESTICA INC | $545.4M | 0.2% | +7% | 69.8 |
| 106 | — | VANECK ETF TRUST - JUNIOR GOLD MINE | $515.5M | 0.2% | -12% | — |
| 107 | — | ISHARES TR - CORE S&P MCP ETF | $511.6M | 0.2% | -1% | — |
| 108 |  $KO | COCA COLA CO | $508.8M | 0.2% | +4% | 69.5 |
| 109 |  $PM | Philip Morris International Inc. | $500.5M | 0.2% | +10% | 75.9 |
| 110 | — | SPDR SERIES TRUST - ST STR P500ETF | $492.7M | 0.2% | +1830% | — |
| 111 |  $TECK | TECK RESOURCES LTD | $488.3M | 0.2% | +11% | — |
| 112 | — | ISHARES TR - MSCI EAFE ETF | $485.6M | 0.2% | +0% | — |
| 113 |  $BAM | Brookfield Asset Management Ltd. | $481.9M | 0.2% | +2% | — |
| 114 |  $TXN | TEXAS INSTRUMENTS INC | $479.5M | 0.2% | +2% | 73.4 |
| 115 |  $GE | GENERAL ELECTRIC CO | $478.1M | 0.2% | -5% | 73.8 |
| 116 |  $TJX | TJX COMPANIES INC /DE/ | $477.3M | 0.2% | +1% | 68.7 |
| 117 |  $GILD | GILEAD SCIENCES, INC. | $476.6M | 0.2% | +6% | 57.4 |
| 118 |  $NOW | ServiceNow, Inc. | $475.3M | 0.2% | -3% | 72.9 |
| 119 | — | STATE STR SPDR DOW JONES IND - UT SER 1 | $474.2M | 0.2% | +49% | — |
| 120 |  $CVX | CHEVRON CORP | $462.3M | 0.2% | +4% | 62.8 |
| 121 |  $GLD | SPDR GOLD TRUST | $460.9M | 0.2% | NEW | — |
| 122 | — | GLOBAL X FDS - GLOBAL X COPPER | $444.7M | — | NEW | — |
| 123 | — | SELECT SECTOR SPDR TR - ST STR MATER ETF | $442.2M | — | +0% | — |
| 124 |  $AZN | ASTRAZENECA PLC | $441.2M | 0.2% | +23% | — |
| 125 |  $SNDK | Sandisk Corp | $435.8M | 0.2% | +84% | 87.7 |
| 126 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $433.5M | 0.2% | +1% | — |
| 127 |  $LMT | LOCKHEED MARTIN CORP | $432.1M | 0.2% | +5% | 65.7 |
| 128 |  $NEE | NEXTERA ENERGY INC | $426.3M | 0.1% | +4% | 64.6 |
| 129 | — | SPDR SERIES TRUST - ST STR SP REGBNK | $421.0M | — | -24% | — |
| 130 |  $FCX | FREEPORT-MCMORAN INC | $411.5M | 0.1% | -6% | 62 |
| 131 |  $WM | WASTE MANAGEMENT INC | $409.7M | 0.1% | -1% | 67.6 |
| 132 | — | ISHARES TR - 7-10 YR TRSY BD | $406.7M | 0.1% | -3% | — |
| 133 |  $MGA | MAGNA INTERNATIONAL INC | $404.5M | 0.1% | +9% | — |
| 134 |  $PLD | Prologis, Inc. | $391.6M | 0.1% | +8% | 68.3 |
| 135 |  $VZ | VERIZON COMMUNICATIONS INC | $388.7M | 0.1% | -16% | 65.8 |
| 136 |  $IBM | INTERNATIONAL BUSINESS MACHINES CORP | $385.6M | 0.1% | +7% | 70 |
| 137 |  $WFC | WELLS FARGO & COMPANY/MN | $380.5M | 0.1% | -6% | 61.8 |
| 138 |  $EME | EMCOR Group, Inc. | $370.8M | 0.1% | -7% | 69.3 |
| 139 |  $MCD | MCDONALDS CORP | $364.2M | 0.1% | -4% | 69 |
| 140 | — | VANGUARD INDEX FDS - TOTAL STK MKT | $362.9M | 0.1% | +1% | — |
| 141 | — | ISHARES TR - 1 3 YR TREAS BD | $356.7M | 0.1% | +18% | — |
| 142 |  $AXP | AMERICAN EXPRESS CO | $355.7M | 0.1% | +12% | 69.4 |
| 143 |  $TRI | THOMSON REUTERS CORP /CAN/ | $345.8M | 0.1% | -20% | 58.7 |
| 144 |  $KGC | KINROSS GOLD CORP | $342.2M | 0.1% | +14% | — |
| 145 |  $PEP | PEPSICO INC | $341.5M | 0.1% | +11% | 63.5 |
| 146 |  $APH | AMPHENOL CORP /DE/ | $339.8M | 0.1% | +3% | 79.3 |
| 147 |  $STN | STANTEC INC | $339.6M | 0.1% | +4% | — |
| 148 |  $MDY | SPDR S&P MIDCAP 400 ETF TRUST | $335.6M | 0.1% | -2% | — |
| 149 | — | HARTFORD FDS EXCHANGE TRADED - TOTAL RTRN ETF | $333.8M | 0.1% | +14% | — |
| 150 | — | SELECT SECTOR SPDR TR - ST STR INDL ETF | $328.9M | 0.1% | -3% | — |
New Positions (395)
$QQQPUT INVESCO QQQ TRUST, SERIES 1$2.9B$QQQCALL INVESCO QQQ TRUST, SERIES 1$1.1B$GLD SPDR GOLD TRUST$460.9M$GLDPUT SPDR GOLD TRUST$307.4M$GLDCALL SPDR GOLD TRUST$226.4M
$IBIT iShares Bitcoin Trust ETF$153.4M
$COHRPUT COHERENT CORP.$133.3M
$PL Planet Labs PBC$115.9M
$SPCX SPACE EXPLORATION TECHNOLOGIES CORP$80.8M$AMATPUT APPLIED MATERIALS INC /DE$65.1M
$OGC OceanaGold Corp$57.5MExited Positions (285)
$ZOOZ ZOOZ Strategy Ltd.
$HON HONEYWELL INTERNATIONAL INC
$CUK CARNIVAL PLC$TDPUT TORONTO DOMINION BANK
$CTRA Coterra Energy Inc.
$LYVPUT Live Nation Entertainment, Inc.
$AKAMCALL AKAMAI TECHNOLOGIES INC
$DRVN Driven Brands Holdings Inc.
$TGB Trekor Metals Ltd
$HBMCALL Hudbay Minerals Inc.
$STRZ STARZ ENTERTAINMENT CORP /CN/Browse Top Institutional Investors
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