Royal Bank of Canada Portfolio holdings
Royal Bank of Canada (RBC), founded in 1864 and headquartered in Toronto, is Canada’s largest bank by market capitalization and one of the leading financial institutions in North America, offering a comprehensive suite of services including personal and commercial banking, wealth management, insurance, and capital markets. Managing hundreds of billions in assets, RBC serves millions of clients globally, with a significant presence in the U.S. and Caribbean through subsidiaries like RBC Wealth Management and City National Bank. Known for its stability and consistent profitability, RBC has earned a reputation as a conservative yet innovative bank, expanding its digital offerings and sustainability initiatives in recent years. With a strong focus on customer service and a robust international footprint, RBC remains a cornerstone of the Canadian and global financial systems.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TC Energy
TRP
|
+$1.77B |
| 2 |
Chevron
CVX
|
+$1.56B |
| 3 |
EMA
Emera Inc
EMA
|
+$942M |
| 4 |
Enbridge
ENB
|
+$863M |
| 5 |
Bank of Montreal
BMO
|
+$796M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$893M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$826M |
| 3 |
Toronto Dominion Bank
TD
|
+$803M |
| 4 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$594M |
| 5 |
Apple
AAPL
|
+$534M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.98% |
| 2 | Technology | 17.37% |
| 3 | Industrials | 7.41% |
| 4 | Consumer Discretionary | 6.78% |
| 5 | Energy | 6.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
PUT
Ionis Pharmaceuticals
IONS
$9.51B
| $4.94M | ﹤0.01% |
125,000
| – | – |
|
2552
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$159M
| $4.94M | ﹤0.01% |
100,146
+330
| +0.3% | +$15.8K |
|
2553
Pilgrim's Pride
PPC
$6.64B
| $4.93M | ﹤0.01% |
109,660
+9,167
| +9% | +$450K |
|
2554
Nuveen ESG Large-Cap Value ETF
NULV
$2.29B
| $4.93M | ﹤0.01% |
117,586
+10,624
| +10% | +$423K |
|
|
SA
2555
Seabridge Gold
SA
$3.62B
| $4.91M | ﹤0.01% |
337,961
+291,634
| +630% | +$3.71M |
|
2556
CALL
SLB Ltd
SLB
$79.8B
| $4.9M | ﹤0.01% |
145,000
-155,000
| -52% | -$5.38M |
|
2557
Kimco Realty
KIM
$16.4B
| $4.89M | ﹤0.01% |
232,413
-508,577
| -69% | -$10.5M |
|
|
THRO
2558
iShares U.S. Thematic Rotation Active ETF
THRO
$6.77B
| $4.89M | ﹤0.01% |
137,324
+135,893
| +9,496% | +$4.47M |
|
2559
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$12.1B
| $4.88M | ﹤0.01% |
205,230
-573,014
| -74% | -$13.3M |
|
2560
VanEck IG Floating Rate ETF
FLTR
$3.04B
| $4.88M | ﹤0.01% |
191,381
+16,226
| +9% | +$412K |
|
2561
New Oriental
EDU
$8.36B
| $4.87M | ﹤0.01% |
90,162
+83,557
| +1,265% | +$3.97M |
|
2562
LGI Homes
LGIH
$1.39B
| $4.86M | ﹤0.01% |
94,281
+89,560
| +1,897% | +$4.9M |
|
2563
Alpha Architect US Quantitative Value ETF
QVAL
$616M
| $4.86M | ﹤0.01% |
110,346
-3,408
| -3% | -$145K |
|
2564
Vanguard Materials ETF
VAW
$3.07B
| $4.84M | ﹤0.01% |
24,871
+5,298
| +27% | +$993K |
|
2565
Cohu
COHU
$2.81B
| $4.83M | ﹤0.01% |
251,281
+60,497
| +32% | +$1.02M |
|
2566
Viridian Therapeutics
VRDN
$2.5B
| $4.83M | ﹤0.01% |
345,898
+345,685
| +162,293% | +$4.69M |
|
2567
Nuveen Municipal Value Fund
NUV
$1.9B
| $4.83M | ﹤0.01% |
556,349
+46,939
| +9% | +$403K |
|
2568
NextDecade
NEXT
$1.91B
| $4.83M | ﹤0.01% |
541,541
+520,083
| +2,424% | +$4.03M |
|
|
KEEL
2569
Keel Infrastructure Corp
KEEL
$2.17B
| $4.82M | ﹤0.01% |
5,736,268
+5,538,712
| +2,804% | +$5.12M |
|
2570
Brixmor Property Group
BRX
$9.2B
| $4.82M | ﹤0.01% |
184,892
-18,723
| -9% | -$476K |
|
2571
Pacira BioSciences
PCRX
$917M
| $4.82M | ﹤0.01% |
201,478
-16,719
| -8% | -$421K |
|
|
SCHQ
2572
Schwab Long-Term US Treasury ETF
SCHQ
$793M
| $4.81M | ﹤0.01% |
150,743
-5,888
| -4% | -$186K |
|
2573
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$281M
| $4.81M | ﹤0.01% |
57,785
-55
| -0.1% | -$4.14K |
|
2574
Frontline
FRO
$9.17B
| $4.81M | ﹤0.01% |
292,912
+266,570
| +1,012% | +$4.52M |
|
2575
Robert Half
RHI
$4.42B
| $4.81M | ﹤0.01% |
117,116
+78,764
| +205% | +$3.59M |
|
Similar funds
Royal Bank of Canada's Q2 2025 Portfolio in Review
As of Q2 2025, Royal Bank of Canada held 7,516 positions worth $555B, up 16% from $479B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $28.4B of net new capital in Q2 2025, opening 523 new positions and adding to 3,973 existing holdings. Its largest new stake was Emera Inc: 20,985,495 shares worth $962M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Canadian Natural Resources, an estimated $893M trimmed.
- Royal Bank of Canada's largest Q2 2025 buy was Emera Inc: 20,985,495 shares worth $962M.
- Royal Bank of Canada added most to TC Energy in Q2 2025, an estimated $1.77B increase.
- Royal Bank of Canada's biggest Q2 2025 reduction was Canadian Natural Resources, cutting an estimated $893M.
- Royal Bank of Canada fully exited Discover Financial Services in Q2 2025, selling an estimated $84.6M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $555B portfolio in Q2 2025.
- Royal Bank of Canada opened 523 new positions and closed 342 in Q2 2025.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $555B.
Based on Royal Bank of Canada's 13F filing for Q2 2025, filed 14 Aug 2025.