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 | |
|---|---|---|---|---|---|---|
2701
Veeco
VECO
$3.2B
| $2.45M | ﹤0.01% |
69,764
-15,415
| -18% | -$513K |
|
2702
PUT
Zoom
ZM
$31.1B
| $2.45M | ﹤0.01% |
37,500
| – | – |
|
2703
CALL
Coca-Cola
KO
$377B
| $2.45M | ﹤0.01% |
40,000
| – | – |
|
2704
Tennant Co
TNC
$1.17B
| $2.44M | ﹤0.01% |
20,036
-15,010
| -43% | -$1.53M |
|
2705
Cheniere Energy
CQP
$33.4B
| $2.43M | ﹤0.01% |
49,262
-2,751
| -5% | -$140K |
|
2706
Cable One
CABO
$196M
| $2.43M | ﹤0.01% |
5,749
-274
| -5% | -$135K |
|
2707
PUT
Dropbox
DBX
$7.48B
| $2.43M | ﹤0.01% |
100,000
-150,000
| -60% | -$4.2M |
|
2708
SLM Corp
SLM
$5.27B
| $2.43M | ﹤0.01% |
111,461
+85,882
| +336% | +$1.71M |
|
2709
Kimbell Royalty Partners
KRP
$1.52B
| $2.42M | ﹤0.01% |
156,170
+14,498
| +10% | +$220K |
|
2710
First Trust SSI Strategic Convertible Securities ETF
FCVT
$104M
| $2.42M | ﹤0.01% |
71,080
-16,076
| -18% | -$533K |
|
2711
Dimensional National Municipal Bond ETF
DFNM
$2.26B
| $2.42M | ﹤0.01% |
50,228
+42,112
| +519% | +$2.03M |
|
2712
PUT
Mobileye
MBLY
$7.58B
| $2.41M | ﹤0.01% |
+75,000
| New | +$2.13M |
|
|
IBMM
2713
DELISTED
iShares iBonds Dec 2024 Term Muni Bond ETF
IBMM
| $2.41M | ﹤0.01% |
92,881
+1,259
| +1% | +$32.7K |
|
|
WDI
2714
Western Asset Diversified Income Fund
WDI
$687M
| $2.4M | ﹤0.01% |
165,978
+7,677
| +5% | +$110K |
|
|
STEW
2715
SRH Total Return Fund
STEW
$1.79B
| $2.4M | ﹤0.01% |
159,099
+8,113
| +5% | +$117K |
|
2716
Transocean
RIG
$6.43B
| $2.39M | ﹤0.01% |
381,254
-856,227
| -69% | -$4.67M |
|
|
CBH
2717
DELISTED
Virtus Convertible & Income 2024 Target Term Fund
CBH
| $2.39M | ﹤0.01% |
271,848
-5,481
| -2% | -$48.1K |
|
2718
PUT
Northrop Grumman
NOC
$83.2B
| $2.39M | ﹤0.01% |
5,000
| – | – |
|
2719
Invesco Trust Investment Grade Municipals
VGM
$570M
| $2.38M | ﹤0.01% |
241,582
-1,821
| -0.7% | -$17.9K |
|
2720
Invesco Total Return Bond ETF
GTO
$2.47B
| $2.37M | ﹤0.01% |
50,725
-53,868
| -52% | -$2.52M |
|
2721
CALL
Johnson & Johnson
JNJ
$627B
| $2.37M | ﹤0.01% |
15,000
-45,000
| -75% | -$7.16M |
|
2722
Strive US Energy ETF
DRLL
$306M
| $2.37M | ﹤0.01% |
75,710
-12,469
| -14% | -$357K |
|
2723
Weatherford International
WFRD
$6.79B
| $2.37M | ﹤0.01% |
20,539
-14,799
| -42% | -$1.5M |
|
2724
FlexShares Quality Dividend Defensive Index Fund
QDEF
$562M
| $2.37M | ﹤0.01% |
36,898
+10,118
| +38% | +$621K |
|
|
AMED
2725
DELISTED
Amedisys
AMED
| $2.37M | ﹤0.01% |
25,673
-47,682
| -65% | -$4.47M |
|
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.