BANK OF MONTREAL /CAN/

CIK 0000927971 · Q2 2026

13F Equity AUM

$303.5B

+13.1% QoQ

Positions

2,698

+87 QoQ

AUM Rank

#45

Top 0.5%

Skill Alpha (FF)

+0.7%/yr^ns

No Clear Edge

Rank #2,074 · Top 25%

vs S&P -1.3%/yr (unadj.)

Quarters Tracked

~13 years

Portfolio Concentration

Top 5: 17.1%Top 10: 26.7%Top 20: 40.4%

NVDA4.3%

RY4.2%

SPY3.3%

AAPL2.7%

TD2.5%

GOOGL2.3%

AMZN1.9%

NDQ1.9%

MSFT1.9%

BMO1.6%

Others (2688)73.3%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services38.7%

Technology21.1%

Communication Services7.2%

Energy6.2%

Consumer Cyclical5.6%

Industrials5.3%

Healthcare4.2%

Basic Materials3.6%

Other8.1%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 2698Median: 0.00%Avg: 0.04%

0–0.5%

2660(47.1%)

0.5–1%

18(12.5%)

1–3%

17(28.6%)

3–5%

3(11.9%)

5%+

0(0.0%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 2,698vs 20 funds

0%Low

2,698

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New308Increased1697Decreased955Exited194

New Positions

GQ90.3%

+2.7M

THOMSON REUTERS CORP0.1%

+4.3M

IBIT0.1%

+4.6M

ALPHABET INC0.1%

+3.3M

SPACE EXPLORATION TE…0.0%

+638K

PL0.0%

+3.5M

DUPONT DE NEMOURS IN…0.0%

+403K

OGC0.0%

+2.3M

MSTR 0.625 03/15/300.0%

+25.0M

CYBERARK SOFTWARE LT…0.0%

+29.3M

Increased

AKAM 1.125 02/15/290.0%

+20.0M(+47%)

LEU 2.25 11/01/300.0%

+15.0M(+75%)

VSH 2.25 09/15/300.0%

+13.2M(+719%)

W 3.25 09/15/270.0%

+11.3M(+375433%)

CVE0.3%

+10.9M(+45%)

UBER 0.875 12/01/28 0.0%

+10.0M(+42%)

WDC 3 11/15/280.2%

+7.4M(+24%)

SU0.8%

+6.5M(+18%)

NDQ1.9%

+6.2M(+420%)

COPX0.2%

+5.9M(+2507%)

Decreased

FRPT 3 04/01/280.0%

-27,484,000(-62%)

SNAP 0.5 05/01/300.0%

-23,000,000(-74%)

TRP0.8%

-17,064,462(-31%)

LITE 1.5 12/15/290.1%

-15,000,000(-51%)

TD2.5%

-13,462,483(-17%)

KWEB0.0%

-12,511,511(-97%)

NVDA4.3%

-9,170,352(-12%)

KRE0.2%

-7,372,790(-43%)

VALE0.0%

-6,482,253(-92%)

VAC 3.25 12/15/270.0%

-5,000,000(-29%)

Exited

TRI

-5,324,269

ZOOZ STRATEGY LTD

-7,000,000

-921,526

-39,818,000

-13,626,000

-11,901,000

-1,197,443

CUK

-2,057,736

CNX 2.25 05/01/26

-6,269,000

STRZ

-1,803,950

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...