§ 13F · FUND PROFILE
BANK OF MONTREAL /CAN/.
Canadian bank, capital markets
AUM · $213209.0T (13F)Positions · 13024Turnover · 100% · Q4Filed · Feb 12, 2026
CONCENTRATION
15%
Top 10 holdings
NEW BUYS
+13531
+$288733.3T deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → MEDIA
-2pp · +1pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 12, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | XLF | SELECT SECTOR SPDR TR | 120.00M | $6572.4T | 2.3% | NEW |
| 2 | XLI | SELECT SECTOR SPDR TR | 42.00M | $6515.0T | 2.3% | NEW |
| 3 | BUR | BURFORD CAP LTD | 6.71M | $6010.1T | 2.1% | NEW |
| 4 | NVDA | NVIDIA CORPORATION | 29.75M | $5548.2T | 1.9% | NEW |
| 5 | META | META PLATFORMS INC | 6.32M | $4174.9T | 1.4% | NEW |
| 6 | RY | ROYAL BK CDA | 22.00M | $3750.7T | 1.3% | NEW |
| 7 | TD | TORONTO DOMINION BK ONT | 31.92M | $3008.5T | 1.0% | NEW |
| 8 | RY | ROYAL BK CDA | 17.60M | $3000.2T | 1.0% | NEW |
| 9 | SPY | SPDR S&P 500 ETF TR | 4.26M | $2905.2T | 1.0% | NEW |
| 10 | RY | ROYAL BK CDA | 15.82M | $2696.3T | 0.9% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Other35.5% (−2pp)
Banking12.3% (−1pp)
Technology10.7% (±0)
Semiconductors8.0% (−1pp)
Media7.7% (+1pp)
Financial Services7.1%
§ 03 · THE BANK SIGNAL
AC read
BANK OF MONTREAL /CAN/ is a Dealer / Bank fund managing $213209020.0 trillion in assets. The fund runs a massive portfolio of 13,024 positions, broad diversification across holdings. Trading activity is aggressive at 100% quarterly turnover, with 13531 new positions and 0 exits last quarter. Top sector allocations: Other (36%), Banking (12%), Technology (11%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+13531 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed