Bank of Montreal (BMO) Shareholders & Insider Trades
Bank of Montreal shareholders at a glance
The largest holder of Bank of Montreal stock is Royal Trust Corporation of Canada, with 52.2 million shares (7.40% of the company), worth about $8.90 billion as of September 25, 2026. The 10 largest holders together own 26.3%.
In Q2 2026, 709 institutional holdings reports listed 337.0 million shares worth $60.20 billion, up 2.7% in shares from Q1 2026.
Insiders reported 148 transactions in the last two years: no sales and no purchases. The newest one on file is from September 21, 2026 (Agrawal (Piyush), Senior Officer of Issuer).
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026); insider transactions on file through September 21, 2026.
Bank of Montreal
Shareholders Summary
2026Q2
Ownership by Type
Geographic Distribution
Largest Bank of Montreal shareholders
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Royal Trust Corporation of Canada | 52.2 million | 7.40% | $8.9B |
| BMO Bank NA (Investment Management) | 26.1 million | 3.70% | $4.5B |
| Vanguard Capital Management LLC | 20.5 million | 2.90% | $3.5B |
| TD Waterhouse Private Investment Counsel, Inc. | 19.4 million | 2.74% | $3.3B |
| Vanguard Fiduciary Trust Co. | 13.6 million | 1.93% | $2.3B |
| CIBC World Markets, Inc. | 12.4 million | 1.76% | $2.1B |
| Fidelity Investments Canada ULC | 12.3 million | 1.75% | $2.1B |
| National Bank Financial, Inc. | 10.4 million | 1.47% | $1.8B |
| Fidelity Management & Research Co. LLC | 9.5 million | 1.35% | $1.6B |
| 1832 Asset Management LP | 9.3 million | 1.32% | $1.6B |
As of September 25, 2026.
Bank of Montreal institutional holdings by quarter
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 709 | 337.0 million | $60.2B |
| Q1 2026 | 680 | 328.0 million | $44.5B |
| Q4 2025 | 668 | 331.0 million | $43.2B |
| Q3 2025 | 633 | 346.0 million | $45.2B |
| Q2 2025 | 612 | 424.0 million | $46.9B |
| Q1 2025 | 602 | 345.0 million | $33.0B |
| Q4 2024 | 586 | 369.0 million | $35.7B |
| Q3 2024 | 523 | 345.0 million | $31.2B |
Shares and value held by institutions that file quarterly holdings reports (options not included).
Bank of Montreal insider trades
| Insider | Date | Title | Transaction | Value |
|---|---|---|---|---|
| Agrawal (Piyush) | Sep 21, 2026 | Senior Officer of Issuer | Exercise of options at price 87.16 per share. | $878,013 |
| Agrawal (Piyush) | Sep 21, 2026 | Senior Officer of Issuer | Disposition in the public market at price 177.12 per share. | $1.8M |
| Malone (Mona Elizabeth) | Sep 8, 2026 | Senior Officer of Issuer | Exercise of options at price 70.49 per share. | $493,451 |
| Malone (Mona Elizabeth) | Sep 8, 2026 | Senior Officer of Issuer | Disposition in the public market at price 175.98 per share. | $1.2M |
| Kamanga (Deland) | Sep 2, 2026 | Senior Officer of Issuer | Exercise of options at price 70.18 per share. | $636,093 |
| Kamanga (Deland) | Sep 2, 2026 | Senior Officer of Issuer | Disposition in the public market at price 171.69 per share. | $1.6M |
| Mehrotra (Mathew) | Sep 2, 2026 | Senior Officer of Issuer | Exercise of options at price 88.36 per share. | $263,407 |
| Mehrotra (Mathew) | Sep 2, 2026 | Senior Officer of Issuer | Disposition in the public market at price 171.71 per share. | $511,876 |
| Mehrotra (Mathew) | Sep 2, 2026 | Senior Officer of Issuer | Exercise of options at price 97.95 per share. | $144,473 |
| Mehrotra (Mathew) | Sep 2, 2026 | Senior Officer of Issuer | Disposition in the public market at price 171.84 per share. | $253,461 |
| Mehrotra (Mathew) | Sep 2, 2026 | Senior Officer of Issuer | Exercise of options at price 97.95 per share. | $96,380 |
| Mehrotra (Mathew) | Sep 2, 2026 | Senior Officer of Issuer | Disposition in the public market at price 171.39 per share. | $168,649 |
Newest 12 of 148 insider transactions in the last two years.
Questions and answers
Who owns the most Bank of Montreal stock?
Royal Trust Corporation of Canada, with 7.40% of the company (as of September 25, 2026). Next: BMO Bank NA (Investment Management) (3.70%) and Vanguard Capital Management LLC (2.90%).
How many institutions own Bank of Montreal stock?
709 institutional holdings reports listed Bank of Montreal shares in Q2 2026, 337.0 million shares in all worth $60.20 billion.
Are Bank of Montreal insiders buying or selling the stock?
In the last two years insiders reported no sales and no purchases (148 transactions in all); the newest on file is from September 21, 2026.
