Bank of Montreal Reduces Huntington Bancshares Stake

Canadian bank cuts holding in Ohio-based lender by 11.5% in Q3

Mar. 13, 2026 at 7:27am

Got story updates? Submit your updates here. ›

Bank of Montreal Can, a major Canadian financial institution, decreased its position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 11.5% during the third quarter of 2026, according to a recent regulatory filing. The fund now owns approximately 3.36 million shares of the Ohio-based bank, valued at nearly $58 million.

Why it matters

Huntington Bancshares is a major regional bank with a significant presence in the Midwest United States. Changes in ownership by large institutional investors like Bank of Montreal Can can signal shifts in market sentiment and investor confidence in the company's performance and outlook.

The details

According to the 13F filing, Bank of Montreal Can sold 436,895 shares of Huntington Bancshares during the third quarter, reducing its total stake to around 3.36 million shares. The Canadian bank now owns approximately 0.23% of Huntington Bancshares' outstanding shares. Several other major institutional investors, including Vanguard Group, Boston Partners, and Invesco, also hold substantial positions in the regional lender.

  • Bank of Montreal Can filed the 13F report disclosing the stake reduction on March 13, 2026.

The players

Bank of Montreal Can

A major Canadian financial institution and one of the largest shareholders of Huntington Bancshares.

Huntington Bancshares Incorporated

A regional bank headquartered in Columbus, Ohio, providing a range of retail and commercial banking services across the Midwest United States.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Bank of Montreal Can's stake in Huntington Bancshares, while relatively small, could signal a shift in investor sentiment towards the regional bank. However, the company continues to have a strong institutional investor base, suggesting ongoing confidence in its long-term prospects.