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 |
Canadian Imperial Bank of Commerce
CM
|
+$593M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$578M |
| 3 |
JPMorgan Chase
JPM
|
+$507M |
| 4 |
Canadian Natural Resources
CNQ
|
+$440M |
| 5 |
Air Products & Chemicals
APD
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.43B |
| 2 |
Morgan Stanley
MS
|
+$915M |
| 3 |
Microsoft
MSFT
|
+$838M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$833M |
| 5 |
NVIDIA
NVDA
|
+$790M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.59% |
| 2 | Technology | 15.8% |
| 3 | Industrials | 8.04% |
| 4 | Healthcare | 7.25% |
| 5 | Consumer Discretionary | 6.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2651
Nomad Foods
NOMD
$1.64B
| $2.6M | ﹤0.01% |
132,731
+25,390
| +24% | +$468K |
|
2652
Invesco Quality Municipal Securities
IQI
$543M
| $2.6M | ﹤0.01% |
268,193
+20,659
| +8% | +$197K |
|
2653
State Street SPDR Bloomberg International Corporate Bond ETF
IBND
$461M
| $2.6M | ﹤0.01% |
89,132
-13,855
| -13% | -$403K |
|
2654
Brixmor Property Group
BRX
$9.2B
| $2.59M | ﹤0.01% |
110,252
-43,564
| -28% | -$988K |
|
2655
Kontoor Brands
KTB
$4.64B
| $2.58M | ﹤0.01% |
42,914
-10,252
| -19% | -$614K |
|
2656
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.76B
| $2.58M | ﹤0.01% |
50,742
-3,961
| -7% | -$196K |
|
2657
Cohen & Steers Closed End Opportunity Fund
FOF
$382M
| $2.57M | ﹤0.01% |
219,795
+9,519
| +5% | +$108K |
|
2658
Phinia Inc
PHIN
$2.73B
| $2.57M | ﹤0.01% |
66,806
+58,002
| +659% | +$1.89M |
|
2659
Meritage Homes
MTH
$4.76B
| $2.56M | ﹤0.01% |
29,182
-4,826
| -14% | -$390K |
|
2660
Schneider National
SNDR
$6.33B
| $2.56M | ﹤0.01% |
113,078
+26,892
| +31% | +$638K |
|
2661
AXIS Capital
AXS
$7.38B
| $2.56M | ﹤0.01% |
39,339
-57,467
| -59% | -$3.44M |
|
2662
DoubleVerify
DV
$2.04B
| $2.56M | ﹤0.01% |
72,724
+33,511
| +85% | +$1.25M |
|
2663
JPMorgan Small & Mid Cap Enhanced Equity ETF
JMEE
$2.98B
| $2.56M | ﹤0.01% |
43,668
+3,968
| +10% | +$217K |
|
2664
New Jersey Resources
NJR
$5.64B
| $2.55M | ﹤0.01% |
59,361
-20,209
| -25% | -$852K |
|
2665
Nuveen ESG US Aggregate Bond ETF
NUBD
$464M
| $2.54M | ﹤0.01% |
115,830
+20,179
| +21% | +$443K |
|
|
SEM
2666
DELISTED
Select Medical
SEM
| $2.54M | ﹤0.01% |
156,182
-51,042
| -25% | -$747K |
|
2667
Old National Bancorp
ONB
$10.4B
| $2.53M | ﹤0.01% |
145,586
-54,212
| -27% | -$897K |
|
2668
Penske Automotive Group
PAG
$14.4B
| $2.53M | ﹤0.01% |
15,641
+99
| +0.6% | +$15.1K |
|
2669
Stock Yards Bancorp
SYBT
$2.64B
| $2.53M | ﹤0.01% |
51,712
+516
| +1% | +$24.4K |
|
2670
Aecom
ACM
$8.12B
| $2.53M | ﹤0.01% |
25,778
-98,639
| -79% | -$8.92M |
|
2671
American Eagle Outfitters
AEO
$2.71B
| $2.52M | ﹤0.01% |
97,825
-96,240
| -50% | -$2.14M |
|
|
RMI
2672
RiverNorth Opportunistic Municipal Income Fund
RMI
$100M
| $2.52M | ﹤0.01% |
156,752
-3,363
| -2% | -$53.7K |
|
2673
BlackRock ETF Trust II iShares AAA CLO Active ETF
CLOA
$2.26B
| $2.52M | ﹤0.01% |
+48,739
| New | +$2.51M |
|
|
GBAB
2674
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
$390M
| $2.52M | ﹤0.01% |
154,862
+3,757
| +2% | +$62K |
|
2675
VanEck Agribusiness ETF
MOO
$976M
| $2.52M | ﹤0.01% |
33,486
-21,071
| -39% | -$1.53M |
|
Similar funds
Royal Bank of Canada's Q1 2024 Portfolio in Review
As of Q1 2024, Royal Bank of Canada held 7,910 positions worth $436B, up 1.8% from $428B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Royal Bank of Canada withdrew a net $22.8B in Q1 2024, closing 495 positions and reducing 4,132 holdings. Its most notable exit was Splunk Inc, an estimated $93.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 18% a quarter earlier, followed by Technology and Industrials.
Against the trend, Royal Bank of Canada opened a new position in Flutter Entertainment worth $56.3M.
- Royal Bank of Canada's largest Q1 2024 buy was Flutter Entertainment: 285,002 shares worth $56.3M.
- Royal Bank of Canada added most to Canadian Imperial Bank of Commerce in Q1 2024, an estimated $593M increase.
- Royal Bank of Canada's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.43B.
- Royal Bank of Canada fully exited Splunk Inc in Q1 2024, selling an estimated $93.4M.
- Royal Bank of Canada's ten largest holdings make up 19% of its $436B portfolio in Q1 2024.
- Royal Bank of Canada opened 367 new positions and closed 495 in Q1 2024.
- Royal Bank of Canada's portfolio value rose 1.8% quarter-over-quarter to $436B.
Based on Royal Bank of Canada's 13F filing for Q1 2024, filed 15 May 2024.