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 | |
|---|---|---|---|---|---|---|
2926
CVR Energy
CVI
$3.54B
| $3.05M | ﹤0.01% |
113,473
+98,569
| +661% | +$2.17M |
|
2927
PUT
Dollar General
DG
$27.2B
| $3.04M | ﹤0.01% |
+26,600
| New | +$2.64M |
|
2928
United Fire Group
UFCS
$1.4B
| $3.04M | ﹤0.01% |
105,907
-11,534
| -10% | -$323K |
|
2929
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.77B
| $3.04M | ﹤0.01% |
44,040
+16,390
| +59% | +$1.05M |
|
|
WDI
2930
Western Asset Diversified Income Fund
WDI
$687M
| $3.04M | ﹤0.01% |
204,765
-7,479
| -4% | -$107K |
|
2931
Atkore
ATKR
$3.17B
| $3.02M | ﹤0.01% |
42,730
-29,094
| -41% | -$1.89M |
|
|
BFZ
2932
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $3.02M | ﹤0.01% |
278,893
+5,894
| +2% | +$63.4K |
|
2933
Winnebago Industries
WGO
$892M
| $3.01M | ﹤0.01% |
103,873
+94,305
| +986% | +$3.09M |
|
2934
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.27B
| $3M | ﹤0.01% |
13,396
+1,442
| +12% | +$300K |
|
|
CNR
2935
Core Natural Resources Inc
CNR
$4.76B
| $3M | ﹤0.01% |
43,029
+16,611
| +63% | +$1.18M |
|
|
IBMN
2936
DELISTED
iShares iBonds Dec 2025 Term Muni Bond ETF
IBMN
| $3M | ﹤0.01% |
111,999
-5,711
| -5% | -$152K |
|
2937
WisdomTree International SmallCap Dividend Fund
DLS
$1.09B
| $2.99M | ﹤0.01% |
39,862
-3,084
| -7% | -$216K |
|
2938
MidCap Financial Investment
MFIC
$803M
| $2.99M | ﹤0.01% |
237,209
+35,818
| +18% | +$439K |
|
2939
PJT Partners
PJT
$4.46B
| $2.99M | ﹤0.01% |
18,139
+6,668
| +58% | +$969K |
|
2940
Morgan Stanley Direct Lending Fund
MSDL
$1.3B
| $2.99M | ﹤0.01% |
159,694
+4,462
| +3% | +$86.3K |
|
2941
Sprott Junior Gold Miners ETF
SGDJ
$337M
| $2.99M | ﹤0.01% |
60,106
+2,094
| +4% | +$98.1K |
|
|
AOD
2942
abrdn Total Dynamic Dividend Fund
AOD
$1.14B
| $2.99M | ﹤0.01% |
337,113
-303,841
| -47% | -$2.54M |
|
2943
Tucows
TCX
$126M
| $2.99M | ﹤0.01% |
151,552
+142,303
| +1,539% | +$2.55M |
|
|
GTM
2944
ZoomInfo Technologies
GTM
$1.18B
| $2.99M | ﹤0.01% |
295,194
+5,063
| +2% | +$46.9K |
|
|
ISD
2945
PGIM High Yield Bond Fund
ISD
$414M
| $2.98M | ﹤0.01% |
210,255
-118
| -0.1% | -$1.6K |
|
|
BLDP
2946
Ballard Power Systems
BLDP
$814M
| $2.98M | ﹤0.01% |
1,874,826
+1,182,164
| +171% | +$1.58M |
|
2947
Wipro
WIT
$19.2B
| $2.97M | ﹤0.01% |
983,981
+863,550
| +717% | +$2.51M |
|
|
UMH
2948
UMH Properties
UMH
$1.4B
| $2.95M | ﹤0.01% |
175,937
-15,608
| -8% | -$267K |
|
2949
CALL
General Motors
GM
$76.1B
| $2.95M | ﹤0.01% |
60,000
-151,000
| -72% | -$7.16M |
|
2950
Upwork
UPWK
$1.06B
| $2.95M | ﹤0.01% |
219,697
+28,110
| +15% | +$404K |
|
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.