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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$8.75B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1B |
| 3 |
Procter & Gamble
PG
|
+$980M |
| 4 |
Apple
AAPL
|
+$894M |
| 5 |
Amazon
AMZN
|
+$815M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$806M |
| 2 |
Palo Alto Networks
PANW
|
+$726M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$654M |
| 4 |
Toronto Dominion Bank
TD
|
+$494M |
| 5 |
Enbridge
ENB
|
+$407M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 15.76% |
| 3 | Industrials | 7.8% |
| 4 | Healthcare | 7.3% |
| 5 | Consumer Discretionary | 7.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Hartford Financial Services
HIG
$37.7B
| $253M | 0.06% |
3,151,023
-446,687
| -12% | -$33.6M |
|
277
Ferguson
FERG
$47.4B
| $253M | 0.06% |
1,310,164
+442,920
| +51% | +$74.7M |
|
278
Boston Scientific
BSX
$74.5B
| $253M | 0.06% |
4,368,830
+696,891
| +19% | +$37.2M |
|
279
Cigna
CI
$73.3B
| $251M | 0.06% |
838,893
+277,293
| +49% | +$81M |
|
280
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $251M | 0.06% |
493,977
+220,587
| +81% | +$102M |
|
281
Southern Company
SO
$106B
| $249M | 0.06% |
3,556,003
+359,571
| +11% | +$24.7M |
|
282
Vanguard Total Bond Market
BND
$161B
| $249M | 0.06% |
3,379,094
+695,903
| +26% | +$49.1M |
|
283
Entergy
ETR
$50.3B
| $248M | 0.06% |
4,907,666
+710,680
| +17% | +$34.7M |
|
284
PACCAR
PCAR
$69B
| $248M | 0.06% |
2,541,597
+355,865
| +16% | +$32M |
|
285
Cummins
CMI
$87.8B
| $248M | 0.06% |
1,034,643
+205,204
| +25% | +$46.6M |
|
286
International Paper
IP
$21.8B
| $248M | 0.06% |
6,855,237
+733,779
| +12% | +$25.6M |
|
287
Progressive
PGR
$121B
| $247M | 0.06% |
1,550,803
-31,355
| -2% | -$4.91M |
|
288
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $247M | 0.06% |
6,563,145
+1,397,789
| +27% | +$48.4M |
|
289
Alibaba
BABA
$300B
| $244M | 0.06% |
3,150,098
-418,182
| -12% | -$33.3M |
|
290
Shell
SHEL
$249B
| $244M | 0.06% |
3,707,968
-108,718
| -3% | -$7.13M |
|
291
General Mills
GIS
$20.4B
| $241M | 0.06% |
3,706,289
+376,028
| +11% | +$24.3M |
|
292
West Fraser Timber
WFG
$5.5B
| $241M | 0.06% |
2,818,869
+499,381
| +22% | +$37M |
|
293
Sherwin-Williams
SHW
$87.4B
| $237M | 0.06% |
759,531
+89,117
| +13% | +$24M |
|
294
Arista Networks
ANET
$265B
| $236M | 0.06% |
4,002,484
+978,112
| +32% | +$51.4M |
|
295
UBS Group
UBS
$177B
| $234M | 0.05% |
7,578,706
+132,829
| +2% | +$3.49M |
|
296
Regeneron Pharmaceuticals
REGN
$82.2B
| $230M | 0.05% |
261,791
+101,858
| +64% | +$83.9M |
|
297
TFI International
TFII
$12B
| $230M | 0.05% |
1,689,277
-96,933
| -5% | -$11.5M |
|
|
HES
298
DELISTED
Hess
HES
| $229M | 0.05% |
1,591,975
+119,333
| +8% | +$17.5M |
|
299
lululemon athletica
LULU
$13.7B
| $229M | 0.05% |
448,749
+45,510
| +11% | +$19.7M |
|
300
Expeditors International
EXPD
$24B
| $229M | 0.05% |
1,798,721
+129,172
| +8% | +$15.2M |
|
Similar funds
Royal Bank of Canada's Q4 2023 Portfolio in Review
As of Q4 2023, Royal Bank of Canada held 7,942 positions worth $428B, up 16% from $369B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Royal Bank of Canada deployed $17.2B of net new capital in Q4 2023, opening 466 new positions and adding to 4,113 existing holdings. Its largest new stake was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was PepsiCo, an estimated $806M trimmed.
- Royal Bank of Canada's largest Q4 2023 buy was Franklin Income Focus ETF: 394,628 shares worth $10.1M.
- Royal Bank of Canada added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $8.75B increase.
- Royal Bank of Canada's biggest Q4 2023 reduction was PepsiCo, cutting an estimated $806M.
- Royal Bank of Canada fully exited Activision Blizzard in Q4 2023, selling an estimated $69.3M.
- Royal Bank of Canada's ten largest holdings make up 20% of its $428B portfolio in Q4 2023.
- Royal Bank of Canada opened 466 new positions and closed 401 in Q4 2023.
- Royal Bank of Canada's portfolio value rose 16% quarter-over-quarter to $428B.
Based on Royal Bank of Canada's 13F filing for Q4 2023, filed 14 Feb 2024.