Who owns BMO
Which tracked institutional funds hold BMO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BMO company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
243 tracked funds added or opened BMO while 92 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BMO’s largest tracked holder by dollar value, ROYAL BANK OF CANADA, sizes it at 1.6% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 1.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BMO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 624 tracked filers holding BMO, 289 increased or opened the position and 305 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BMO between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 19
- Nykredit A/S$31M
- Polar Asset Management Partners Inc.$20M
- Jupiter Topco LLC$11M
- AustralianSuper Pty Ltd$10M
- SIG North Trading, ULC$9M
- MANNING & NAPIER ADVISORS LLC$6M
Full exits 48
- Beutel, Goodman & Co Ltd.$419M
- ACADIAN ASSET MANAGEMENT LLC$161M
- Amundi$152M
- CANADA LIFE ASSURANCE Co$49M
- Mn Services Vermogensbeheer B.V.$22M
- DekaBank Deutsche Girozentrale$20M
Largest adds
- ROYAL BANK OF CANADA$2.1B
- BANK OF MONTREAL /CAN/$1.2B
- MACKENZIE FINANCIAL CORP$980M
- VANGUARD CAPITAL MANAGEMENT LLC$872M
- FMR LLC$698M
- FIL Ltd$622M
Largest trims
- BANK OF AMERICA CORP /DE/$117M
- VAN ECK ASSOCIATES CORP$105M
- FEDERATED HERMES, INC.$73M
- WELLS FARGO & COMPANY/MN$29M
- RAYMOND JAMES FINANCIAL INC$28M
- ENVESTNET ASSET MANAGEMENT INC$25M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ROYAL BANK OF CANADA trimmed | 52,167,653 | $9.2B | 17.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 20,475,602 | $3.6B | 6.9% | 2026-Q2 |
| TD Asset Management Inc trimmed | 15,233,725 | $2.7B | 5.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 12,410,915 | $2.2B | 4.2% | 2026-Q2 |
| FIL Ltd added | 12,329,093 | $2.2B | 4.2% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 10,405,423 | $1.8B | 3.5% | 2026-Q2 |
| FMR LLC added | 9,527,449 | $1.7B | 3.2% | 2026-Q2 |
| 1832 Asset Management L.P. trimmed | 9,303,809 | $1.6B | 3.1% | 2026-Q2 |
| NORGES BANK trimmed | 8,796,707 | $1.6B | 3.0% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 8,547,687 | $2.1B | 4.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 7,973,622 | $1.5B | 2.8% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 7,256,202 | $1.3B | 2.4% | 2026-Q2 |
| CIBC Asset Management Inc trimmed | 6,747,985 | $1.2B | 2.3% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 6,350,903 | $1.1B | 2.2% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 6,264,886 | $1.1B | 2.1% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 5,632,710 | $995M | 1.9% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 5,426,252 | $959M | 1.8% | 2026-Q2 |
| Caisse de depot et placement du Quebec | 5,419,567 | $958M | 1.8% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 5,205,604 | $920M | 1.8% | 2026-Q2 |
| Legal & General Group Plc trimmed | 4,212,134 | $744M | 1.4% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 4,174,425 | $737M | 1.4% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 3,839,476 | $677M | 1.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 3,659,355 | $647M | 1.2% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 3,374,200 | $594M | 1.1% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 3,334,549 | $588M | 1.1% | 2026-Q2 |
| Fiera Capital Corp trimmed | 3,214,287 | $567M | 1.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 3,145,509 | $554M | 1.1% | 2026-Q2 |
| MORGAN STANLEY added | 2,902,505 | $513M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 2,545,917 | $450M | 0.9% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 2,361,978 | $417M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,080,308 | $368M | 0.7% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 1,600,956 | $283M | 0.5% | 2026-Q2 |
| LETKO, BROSSEAU & ASSOCIATES INC trimmed | 1,426,775 | $252M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 1,334,415 | $236M | 0.4% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 1,300,991 | $325M | 0.6% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 1,271,498 | $225M | 0.4% | 2026-Q2 |
| Newport Trust Company, LLC trimmed | 1,259,908 | $223M | 0.4% | 2026-Q2 |
| OMERS ADMINISTRATION Corp added | 1,230,715 | $217M | 0.4% | 2026-Q2 |
| Invesco Ltd. trimmed | 1,203,872 | $213M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board added | 1,177,353 | $208M | 0.4% | 2026-Q2 |
| Clearbridge Investments, LLC added | 1,153,825 | $202M | 0.4% | 2026-Q2 |
| BARCLAYS PLC trimmed | 1,084,437 | $192M | 0.4% | 2026-Q2 |
| Cardinal Capital Management, Inc. trimmed | 999,266 | $176M | 0.3% | 2026-Q2 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 991,466 | $175M | 0.3% | 2026-Q2 |
| Aviso Financial Inc. trimmed | 973,584 | $172M | 0.3% | 2026-Q2 |
| UBS Group AG added | 953,638 | $169M | 0.3% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 945,606 | $167M | 0.3% | 2026-Q2 |
| Alberta Investment Management Corp trimmed | 810,135 | $143M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 739,895 | $131M | 0.2% | 2026-Q2 |
| BCV Asset Management Inc. trimmed | 642,300 | $113M | 0.2% | 2026-Q2 |
| AVIVA PLC added | 630,423 | $111M | 0.2% | 2026-Q2 |
| INTACT INVESTMENT MANAGEMENT INC. added | 626,785 | $111M | 0.2% | 2026-Q2 |
| Addenda Capital Inc. trimmed | 625,064 | $157M | 0.3% | 2026-Q2 |
| BlackRock, Inc. trimmed | 622,130 | $110M | 0.2% | 2026-Q2 |
| GUARDIAN CAPITAL LP trimmed | 614,927 | $109M | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 588,633 | $104M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 560,484 | $99M | 0.2% | 2026-Q2 |
| Nuveen, LLC trimmed | 526,771 | $93M | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 511,838 | $90M | 0.2% | 2026-Q2 |
| APG Asset Management N.V. added | 508,694 | $79M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 469,429 | $83M | 0.2% | 2026-Q2 |
| Hillsdale Investment Management Inc. trimmed | 460,739 | $81M | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 452,310 | $80M | 0.2% | 2026-Q2 |
| Scheer, Rowlett & Associates Investment Management Ltd. trimmed | 447,594 | $79M | 0.2% | 2026-Q2 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 446,227 | $79M | 0.2% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 430,916 | $76M | 0.1% | 2026-Q2 |
| Korea Investment CORP added | 409,037 | $72M | 0.1% | 2026-Q2 |
| AGF MANAGEMENT LTD trimmed | 408,424 | $72M | 0.1% | 2026-Q2 |
| State of Tennessee, Department of Treasury added | 403,848 | $71M | 0.1% | 2026-Q2 |
| Zurich Insurance Group Ltd/FI trimmed | 367,582 | $65M | 0.1% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 363,071 | $64M | 0.1% | 2026-Q2 |
| Delaney Capital Management Ltd. trimmed | 360,775 | $64M | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. trimmed | 351,288 | $62M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 349,582 | $62M | 0.1% | 2026-Q2 |
| Guardian Partners Inc. trimmed | 303,771 | $54M | 0.1% | 2026-Q2 |
| Purpose Unlimited Inc. trimmed | 299,232 | $53M | 0.1% | 2026-Q2 |
| CIDEL ASSET MANAGEMENT INC added | 294,015 | $52M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 289,001 | $51M | 0.1% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 287,700 | $51M | 0.1% | 2026-Q2 |
| Capital Wealth Planning, LLC added | 257,802 | $46M | 0.1% | 2026-Q2 |
| CITIGROUP INC trimmed | 251,308 | $44M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 241,553 | $43M | 0.1% | 2026-Q2 |
| Value Partners Investments Inc. trimmed | 239,642 | $42M | 0.1% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 209,653 | $37M | 0.1% | 2026-Q2 |
| Candriam S.C.A. trimmed | 209,138 | $37M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 205,963 | $36M | 0.1% | 2026-Q2 |
| INTECH INVESTMENT MANAGEMENT LLC added | 204,697 | $36M | 0.1% | 2026-Q2 |
| Investment Management Corp of Ontario added | 200,024 | $35M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 194,600 | $34M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 183,475 | $32M | 0.1% | 2026-Q2 |
| Cardinal Point Capital Management ULC trimmed | 175,545 | $31M | 0.1% | 2026-Q2 |
| Nykredit A/S new | 175,516 | $31M | 0.1% | 2026-Q2 |
| Rempart Asset Management Inc. trimmed | 174,264 | $31M | 0.1% | 2026-Q2 |
| MONTRUSCO BOLTON INVESTMENTS INC. trimmed | 171,898 | $30M | 0.1% | 2026-Q2 |
| Northwest & Ethical Investments L.P. added | 163,965 | $29M | 0.1% | 2026-Q2 |
| Lansforsakringar Fondforvaltning AB (publ) trimmed | 159,553 | $28M | 0.1% | 2026-Q2 |
| Triasima Portfolio Management inc. added | 153,984 | $27M | 0.1% | 2026-Q2 |
| Genus Capital Management Inc. added | 146,609 | $26M | 0.0% | 2026-Q2 |
| Generali Asset Management SPA SGR added | 107,097 | $27M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.