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 | |
|---|---|---|---|---|---|---|
3076
Schwab Fundamental US Small Company Index ETF
FNDA
$9.45B
| $1.49M | ﹤0.01% |
52,170
-100,908
| -66% | -$2.75M |
|
3077
Agios Pharmaceuticals
AGIO
$2B
| $1.48M | ﹤0.01% |
50,701
-5,843
| -10% | -$156K |
|
3078
JPMorgan International Growth ETF
JIG
$509M
| $1.48M | ﹤0.01% |
23,504
+2,800
| +14% | +$169K |
|
3079
Axalta
AXTA
$7.99B
| $1.48M | ﹤0.01% |
42,967
-81,816
| -66% | -$2.67M |
|
3080
Hovnanian Enterprises
HOV
$785M
| $1.48M | ﹤0.01% |
9,410
-1,072
| -10% | -$165K |
|
3081
iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
$662M
| $1.48M | ﹤0.01% |
58,412
+1,072
| +2% | +$27.3K |
|
|
RCM
3082
DELISTED
R1 RCM Inc. Common Stock
RCM
| $1.47M | ﹤0.01% |
114,402
+4,170
| +4% | +$48.5K |
|
3083
Iovance Biotherapeutics
IOVA
$3.16B
| $1.47M | ﹤0.01% |
99,145
+17,164
| +21% | +$200K |
|
3084
Greystone Housing Impact Investors LP
GHI
$141M
| $1.47M | ﹤0.01% |
90,212
+1,063
| +1% | +$17.6K |
|
3085
iShares International Equity Factor ETF
INTF
$3.77B
| $1.47M | ﹤0.01% |
49,222
+43,993
| +841% | +$1.26M |
|
3086
Avantis International Small Cap Value ETF
AVDV
$20B
| $1.47M | ﹤0.01% |
22,245
-1,156
| -5% | -$72.1K |
|
3087
Harbor Ares Systematic High Yield ETF
SIHY
$150M
| $1.46M | ﹤0.01% |
32,113
+514
| +2% | +$23.2K |
|
3088
Valaris
VAL
$5.95B
| $1.46M | ﹤0.01% |
19,420
-109,115
| -85% | -$7.32M |
|
|
NGD
3089
DELISTED
New Gold Inc
NGD
| $1.46M | ﹤0.01% |
857,325
-7,207
| -0.8% | -$9.83K |
|
3090
Sweetgreen
SG
$748M
| $1.46M | ﹤0.01% |
57,665
-26,107
| -31% | -$380K |
|
|
RMT
3091
Royce Micro-Cap Trust
RMT
$781M
| $1.46M | ﹤0.01% |
153,987
+2,437
| +2% | +$22.3K |
|
|
SII
3092
Sprott
SII
$3B
| $1.46M | ﹤0.01% |
39,347
+1,991
| +5% | +$71.5K |
|
3093
Invesco Municipal Trust
VKQ
$548M
| $1.46M | ﹤0.01% |
150,007
+4,713
| +3% | +$44.9K |
|
3094
Hawkins
HWKN
$2.74B
| $1.45M | ﹤0.01% |
18,873
+2,234
| +13% | +$153K |
|
3095
WisdomTree US LargeCap Fund
EPS
$1.66B
| $1.45M | ﹤0.01% |
26,141
+2,650
| +11% | +$139K |
|
3096
Flowers Foods
FLO
$1.59B
| $1.45M | ﹤0.01% |
60,856
+3,418
| +6% | +$78K |
|
3097
ArcBest
ARCB
$3.19B
| $1.44M | ﹤0.01% |
10,130
-8,095
| -44% | -$1.06M |
|
|
NWLI
3098
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.44M | ﹤0.01% |
2,935
-950
| -24% | -$461K |
|
3099
PUT
Nutrien
NTR
$32.6B
| $1.44M | ﹤0.01% |
26,500
-23,500
| -47% | -$1.23M |
|
3100
Bloom Energy
BE
$67.7B
| $1.43M | ﹤0.01% |
127,605
-73,987
| -37% | -$813K |
|
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.