BANK OF MONTREAL /CAN/

Bank of Montreal's 13F book fell to $268.5B in Q1 2026 from $288.7B, with its largest move a $3.7B reduction in Meta, alongside trims to Apple (-$1.4B), Tesla (-$1.2B), and the SPDR S&P 500 ETF (-$955M). The book carries a distinct Canadian flavor — Royal Bank (3.80%) and TD (2.69%) sit among the top names beside Nvidia (4.87%). Builds went to the iShares Russell 2000 (+$1.6B), long Treasuries via TLT (+$1.27B), and Suncor (+$807M). New positions opened in Franco-Nevada, Micron, Wheaton Precious Metals, a regional-bank ETF, and Johnson & Johnson; financial-sector ETFs and several bank stocks were sold.