Bank Of Montreal /Can/2026-Q1
This is the 13F filing for Bank of Montreal (BMO) for the first quarter of 2026, covering the period ended March 31, 2026.
| Ticker | Action | Value Change |
|---|---|---|
| XLF | Trim | -$6.96B |
| IWM | Add | +$1.60B |
| NVDA | Add (value fell due to price decline — not a sell) | -$644.5M |
| META | Trim | -$3.65B |
| CNQ | Trim (value rose due to price gain — not a buy) | +$764.5M |
Q: Did BMO buy or sell NVDA in Q1 2026?
A: BMO added to NVDA in Q1 2026. The fund increased its share count, but the dollar value fell because the stock price dropped more than the added shares were worth, as noted in the filing. The value change was -$644.5M and the portfolio weight moved from 4.76%% to 4.87%%.
Q: What is BMO's biggest holding after Q1 2026?
A: BMO's largest holding by portfolio weight is NVDA at 4.87%%. The fund increased its stake but the dollar value fell due to price decline. The second largest is AAPL at 2.66%% and SPY at 3.07%%.
Q: Why did BMO exit AZNN completely?
A: BMO sold out of AZNN in Q1 2026, completely exiting the position. The fund had previously held $301.3M (0.10%% of the portfolio) and now holds none.
Q: What does the action on CNQ mean for BMO's energy exposure?
A: BMO trimmed its CNQ position (active selling of shares), but the dollar value rose because the stock price gained more than the trimmed shares were worth, as explained in the filing. The value change was +$764.5M and the portfolio weight increased from 0.82%% to 1.17%% purely due to price appreciation.
Q: How did BMO's XLF position change in Q1 2026?
A: BMO trimmed its XLF position dramatically, reducing it from $7.03B to $71.5M. The value change was -$6.96B and the portfolio weight fell from 2.43%% to 0.03%%.
Q: What's the easiest way to track BMO's future filings?
A: The easiest way to track BMO's future filings is to monitor their next quarterly 13F submission, which will typically be released within 45 days of the end of each quarter.